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  • April 21, 2014
  • Last updated: 5:52am
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  1. Business - Money

    Chaori Solar shares hit by sell-off on return to trading

    Posted Apr 09th 2014, 01:40am by BLOOM

    ... becoming the first company to default in the mainland's onshore bond market. Investors are looking for further signs of stress in the mainland's debt capital markets after Chaori ... market after its guarantor agreed to step in, the China Securities Regulatory Commission said on Friday. Meanwhile, Zhejiang Huatesi Polymer Technical, a textile company with junk debt, has ...

  2. Business - Banking & Finance

    Japan current account back in surplus

    Posted Apr 09th 2014, 01:40am by BLOOM

    ... celebrated in many Asian countries. The income surplus is the portion of the current account that includes earnings from overseas trading of equities, bonds and debt securities. This tends ... The excess in income is staving off the risk of deficits that could undermine confidence in a nation with the world's largest debt burden. ...

  3. News - World - RUSSIA

    Nothing should impede normalisation of Russia’s relations with the West: Putin

    Posted Apr 19th 2014, 06:07pm by Agence France-Presse in Moscow

    ... conversation they held while he was Danish prime minister. Putin also reaffirmed that Moscow was giving Kiev another month to clear its gas debts but insisted Russia was not intent on bringing down ...

  4. News - China - LOCAL GOVERNMENT

    Chinese local government officials face penalties over debt

    Posted Dec 10th 2013, 05:15am by Staff Reporter

    ... Staff Reporter Cadres on notice over excessive debt The party's organisation department has issued a circular threatening to punish local officials who raise public debt for useless ... cadres to include indicators such as the level of local debt and environmental degradation, in addition to gross domestic product growth. "The assessment of local debt should be strengthened ...

  5. News - World - COUNTERFEITING

    Indonesian wine dealer had history of heavy debt, New York fraud trial told

    Posted Dec 11th 2013, 08:50pm by AFP

    ... Agence France-Presse in New York Prosecutors say Indonesian illegal immigrant had kitchen laboratory producing fake vintages Wine dealer was millions in debt, fraud trial told An Indonesian wine dealer on trial in New York for selling counterfeit wine was millions of dollars in debt in the years before his arrest, prosecutors told his fraud trial. Rudy Kurniawan, 37, who has ...

  6. Business - Banking & Finance - REGULATION

    Beijing issues detailed rules on banks' sale of preferred shares

    Posted Apr 19th 2014, 01:09am by Reuters

    ... in stricter capital adequacy requirements last year in line with global rules on bank capital known as Basel III. Preferred shares are a form of hybrid security with characteristics of debt ...

  7. Business - China Business

    2.6tr yuan company debt due next year

    Posted Dec 10th 2013, 02:56am by BLOOM

    ... Bloomberg in Shanghai Record amount raises concern mainland may encounter first corporate bond default 2.6tr yuan company debt due next year Mainland company debt twice the size ... in borrowing costs and forced many firms to delay financing plans. Rising interest rates might cause a "partial debt crisis to explode", the China Securities Journal said last month. ...

  8. News - China Digest

    The Post's daily China news-round-up- April 16, 2014

    Posted Apr 16th 2014, 08:03am

    ... provider iKang's raised US$153 million in IPO |Source: Global Times Officials in Shanxi scramble to sort out steelmaker's debt mess |Source: Caixin Society Labour unrest grows ...

  9. News - Hong Kong

    English teacher and friend robbed man over HK$10,000 debt

    Posted Dec 10th 2013, 05:16am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Teacher robbed man who owed him money An English teacher from South Africa and his Russian friend struck and tied up an Australian man before stealing HK$70,000 in cash after breaking into his flat to recover a HK$10,000 debt, a court heard yesterday. Jesse Leigh James and Sasha Palatnikov, both 24, entered James Dawson's flat in Causeway Bay ...

  10. Sport - Other Sport - ASIAN GAMES

    Vietnam quits as host of 2019 Asian Games

    Posted Apr 18th 2014, 09:36am

    ... in the next few years, it faces many deep-rooted problems, including weak infrastructure, one of Asia’s highest levels of bad debt and a state sector mired in graft and inefficiency. The Asian Games, ...




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