• Saturday
  • November 29, 2014
  • Last updated: 2:01am
Hong Kong




Refine Your Search

Sort by


Search Results

Results 1 - 10 of 1218 for debt

Related topics matching your search

Search results

  1. News - China - FINANCE

    China Investment fund reverses loss to earn 11 per cent on foreign assets

    Posted Jun 09th 2013, 12:00am by Reuters

    ... are the world's largest. In 2011, CIC suffered a 4.3 per cent loss on its international portfolio, partly due to weakness in energy and resource stocks as the European debt crisis and US debt downgrades ...

  2. Business - Economy - SHIPPING

    Lenders hold fire on ailing shipping firms

    Posted Aug 13th 2012, 12:00am by Keith Wallis

    ... and Royal Bank of Scotland have either scaled back or stopped lending to shipping companies, Lee said they have been reluctant to enforce loan defaults. "Banks are better off rescheduling debt with existing operators rather than [taking] over and [selling] the ships," he said. "A lot of banks can't afford to take a hit," especially with the ongoing European debt crisis ...

  3. Business - China Business - REGULATION

    Tighter rules for trusts and bills

    Posted Aug 18th 2012, 12:00am

    ... so-called asset management companies (AMCs)- would be banned from lending directly to investment trust companies under the pretext of acquiring bad debt. Meanwhile, continuing a clampdown ... in a financial system dominated by state-controlled banks and government-backed business. For years, the country has shuffled bad debt run up by big state firms between state banks, other state companies ...

  4. Policy U-turn as debt piles up

    Posted Jun 27th 2012, 12:00am

    ... Jane Cai in Beijing xuejun.cai@scmp.com National lawmakers have made a policy U-turn, barring local governments from directly issuing bonds as concerns mount over their runaway debts ... to issue debt, subject to a cap. At present, local governments are banned from directly selling bonds. With local government debt piling up to about 10.7 trillion yuan (HK$13.1 trillion) by the end ...

  5. Glass firm first into the junk debt market

    Posted Jun 09th 2012, 12:00am

    ... debt at an annualised interest rate of 9.5 per cent on the Shanghai Stock Exchange. The bond offering will open the floodgates for thousands of small- and medium-sized companies to raise ... the riskier high-yield bonds since yesterday. The plan to launch the high-yield bonds- junk debt offered by lower-grade firms- was unveiled in February. China Securities Regulatory Commission (CSRC) ...

  6. Debt-ridden Xinyi Glass raises HK$1.14 billion

    Posted May 05th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Xinyi Glass Holdings, a debt-ridden mainland glass maker, said yesterday it had raised net proceeds of HK$1.14 billion from sales of its shares ... recovered.' In November, Xinyi Glass called off the Hong Kong listing of Xinyi Solar, citing volatility in global capital markets and the European debt crisis. Xinyi Solar had hoped to raise US$150 ...

  7. News - World - BRITAIN

    Labour blasts George Osborne over Britain's loss of AAA credit rating

    Posted Feb 24th 2013, 12:00am by AFP

    ... Moody's stripped the country of its coveted triple-A debt rating. However, while analysts called the loss an embarrassment for Chancellor of the Exchequer George Osborne and his handling of Britain's debt and deficit problems, they said the downgrade would have a limited impact on international markets. In a rebuff to London's hopes that sharp spending cuts would both gradually ...

  8. Business - Comment

    What 'pivot'? Real US-China war will be over money

    Posted Sep 13th 2012, 12:00am by Tom Holland

    ... Tom Holland Any default on America's debts will result in an overhaul of the financial system and leave the biggest creditor writing the rules to suit itself Forget Pacific,real ... was that it prevented governments from printing money at will. With the anchor cast loose, the US financial system embarked on a credit creation binge that saw total debt, both public and private, explode from ...

  9. Cash firm cleared of money lending

    Posted Jul 14th 2012, 12:00am

    ... Joyce Man joyce.hyman@scmp.com In a case that could dramatically change the city's lending industry, a court ruled that a cash-advance product offered to businesses is not a loan and does not breach the Money Lenders Ordinance. Global Merchant Fundin ...

  10. Business - Banking & Finance - INVESTMENT

    CIC president cautious but warming to US

    Posted Mar 07th 2013, 02:57am by JANE CAI, Kwong Man-ki

    ... Congress yesterday. A prudent stance was appropriate when fiscal and financial policies on the heels of the global financial crisis and Europe's debt crisis had yet to take effect in leading ...




SCMP.com Account