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  1. Bank of Beijing turns cautious on HK listing

    Posted Apr 12th 2008, 12:00am by Staff Reporter

    ... by the United States subprime crisis and the mainland's tightening monetary policy. Bank of Beijing, of which Dutch financial group ING holds 16.07 per cent, refused to give a timetable ... said ING was interested in restoring its stake to 19.9 per cent. The lender's listing diluted ING's stake to 16.07 per cent. Bank of Beijing now has 131 branches in the capital, where ...

    http://www.scmp.com/article/633449/bank-beijing-turns-cautious-hk-listing
  2. Bank on convertibility

    Posted May 15th 2012, 12:00am

    ... the Agricultural Bank of China and ICBC, have been given approval to expand their operations in the US. In a research report, ING Bank says that from pilot schemes for inward and outward foreign direct ... yuan convertibility. Tim Condon, chief Asia economist of ING Bank, says China needs a currency befitting of an economy that accounts for 10 per cent of global trade. He says it is remarkable ...

    http://www.scmp.com/article/1001001/bank-convertibility
  3. Business - Banking & Finance - EARNINGS

    Standard Chartered bank expects high single digit growth

    Posted Dec 07th 2012, 12:00am by Bloomberg

    ... familiar with the matter. ING Bank agreed in June to pay US$619 million to settle allegations similar to those against Standard Chartered, a sum that was split evenly between the federal government ... Bloomberg British bank giant says headwind from currency moves weakening and plans to hire more staff StanChart expects high single digit revenue growth Standard Chartered expects ...

    http://www.scmp.com/business/banking-finance/article/1099437/standard-chartered-bank-expects-high-single-digit-growth
  4. Business - Money - MARKETS

    Emerging nations stem capital flows

    Posted Jun 14th 2013, 12:00am by BLOOM

    ... this week to stem an outflow of capital as concern mounted that developed nations are approaching an end to an era of pumping unprecedented liquidity into their economies. India's central bank ... Thailand said it sold dollars to aid the baht. The moves come after the Bank of Japan's decision this week to refrain from adding stimulus even after a slide in share prices that risks hurting ...

    http://www.scmp.com/business/money/markets-investing/article/1260262/emerging-nations-stem-capital-flows
  5. HK dollar pegged to an economic concept well past its use-by date

    Posted Apr 16th 2005, 12:00am by Tom Holland

    ... pushing prices up by 70 per cent since their August 2003 low. The risk now, according to Tim Condon, chief economist for Asia at the Dutch bank ING, is that another bout of yuan speculation ... Bank. Oh yes, he also picked up the Nobel prize for economics in 2001 (an honour which rates a mention on only page three of his resume, between fellow of the American Philosophical Society ...

    http://www.scmp.com/article/496833/hk-dollar-pegged-economic-concept-well-past-its-use-date
  6. Business - Economy

    Asian central banks seen entering currency markets if Fed tapers off

    Posted Jun 15th 2013, 12:00am by Reuters

    ... Reuters in Singapore Asian central banks seen resorting to currency market intervention if a reduction of Federal Reserve stimulus prompts devaluations Jitters over end of cheap money Asia's central banks are likely to use heavy currency intervention as their weapon of choice in dealing with regional market turbulence but high debt levels will make them more reluctant than ...

    http://www.scmp.com/business/economy/article/1261123/asian-central-banks-seen-entering-currency-markets-if-fed-tapers
  7. Business - Economy - CURRENCY

    A strait yuan trade deal

    Posted Nov 01st 2012, 12:00am by Ralph Jennings

    ... currencies or kept on deposit. "It's a financial service and places are interested in promoting financial services as an industry," said Tim Condon, Asia head of research with ING ... allowing each to set up a clearing bank for yuan-Taiwan dollar trades. Details are expected to emerge in coming months. Central banks on each side also are working on a swap agreement to ensure ...

    http://www.scmp.com/business/economy/article/1074095/strait-yuan-trade-deal
  8. News - World - IRELAND

    Ireland's central bank misquotes James Joyce on commemorative coin

    Posted Apr 13th 2013, 12:00am by GDN

    ... The Guardian in Dublin To coin a phrase, Ulysses gaffe was ineluctable A silver €10 coin issued by Ireland's central bank to commemorate James Joyce's Ulysses misquotes a line ... The coin was launched at Newman House, St Stephen's Green, in Dublin, where Joyce studied from 1898 to 1902. The central bank's governor, Patrick Honohan, said: "The coin's ...

    http://www.scmp.com/news/world/article/1213364/irelands-central-bank-misquotes-james-joyce-commemorative-coin
  9. Is ditching US peg a basket-case idea?

    Posted Jun 25th 2012, 12:00am

    ... But Yam's replacement, HKMA chief executive Norman Chan Tak-lam, for one, does not like the Singapore model, saying Singapore has a problem with inflation despite using a basket. Tim Condon, ING Bank's Asia research head and a former external adviser to the HKMA-funded Hong Kong Institute for Monetary Research, agrees. Singapore and Hong Kong had the highest inflation in Asia, at 5.6 per ...

    http://www.scmp.com/article/1004976/ditching-us-peg-basket-case-idea
  10. Business - Banking & Finance - BANKING

    Deutsche Bank taps into yuan's business potential

    Posted Dec 03rd 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Deutsche Bank taps into yuan's business potential Deutsche Bank is keen to expand its yuan business globally to support its corporate and investment banking clients. "We have seen significant growth in our yuan business over the last two years and continue to see growing interest from European and Middle Eastern issuers and corporates ...

    http://www.scmp.com/business/banking-finance/article/1096058/deutsche-bank-taps-yuans-business-potential

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