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Results 1 - 10 of 11 for dutch bank ING

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  1. Here's one prediction you can bank on

    Posted Jul 01st 2007, 12:00am by Tom Holland

    ... says Tim Condon, chief economist for Asia at the Dutch bank ING. Many currency traders and investors assume the obvious alternative would be to peg the Hong Kong dollar to the yuan. ... in line with US rates. Unlike central banks elsewhere, the HKMA has no freedom to stimulate the local economy in a downturn by cutting interest rates. Nor can it raise rates to rein in rising ...

  2. Lai See

    Posted Apr 25th 2007, 12:00am by Ben Kwok

    ... Ben Kwok Dutch fly orange flag as Barclays acquires bank Let bygones be bygones. The Dutch in town had something to lament this week as the country's largest bank, ABN Amro, looked ... are not letting the loss of the bank's identity- its roots go back 183 years- spoil their celebrations of Holland-Hong Kong week, marking the 150-year presence of the Dutch community in Hong Kong. ...

  3. Pitch-perfect day draws crowd for charity soccer

    Posted Dec 05th 2011, 12:00am

    ... Other corporate teams included Colliers, Daiwa, UBS, Clifford Chance, Bank of America Merrill Lynch, HK Strollers, ING, Allen & Overy, Avery Dennison, Deutsche Bank, Linklaters, Swire, White ... Tai Po Industrial Estate, New Territories, Hong Kong Donations of HK$100 or more are tax-deductible. If you would like a tax receipt, please send the completed donation form and original bank ...

  4. MPF losses at record 12.2pc, with individuals taking HK$12,636 hit

    Posted Nov 11th 2008, 12:00am by Staff Reporter

    ... since 1974. The worst three performers were ING's MPF Master Trust Basic Hong Kong Equity (down 32.54 per cent), ING's MPF Master Trust Comprehensive Hong Kong Equity (32.44 per cent) and ING's MPF Master Trust Comprehensive Asian Equity (29.91 per cent). Lau Ka-shi, managing director and chief executive at Bank Consortium Trust, said losses this year would mostly hit double ...

  5. HKMA move on currency unlikely

    Posted Oct 30th 2007, 12:00am by Staff Reporter

    ... analysts say. 'Any move to widen the trading band could only trigger endless speculation on the Hong Kong dollar,' said Daniel Chan Po-ming, a senior investment strategist at DBS Bank ... of HK$1.55 billion by the HKMA into the banking system last week. Some analysts say that is because investors are increasingly buying stocks, speculating the strong Hong Kong dollar will force ...

  6. HKMA steps in as rate gap drives greenback demand

    Posted Mar 17th 2005, 12:00am by Staff Reporter

    ... Authority to step in and buy its own currency three times in less than 24 hours. The purchase of a total $1.31 billion would reduce the liquidity in the banking system- as measured by the aggregate ... said Tim Condon, the head of financial markets research at ING Financial Markets. The outflow of Hong Kong dollars was slightly less this week than the previous week, partially reflecting ...

  7. Excess liquidity behind outflows of local currency

    Posted Jul 31st 2004, 12:00am by Staff Reporter

    ... Anette Jonsson HK rates will rise to match those in US as banking system is less flush with cash Hong Kong dollar outflows have been the talk in the market for the past couple of weeks, ... in a significant upward spike in short-dated interest rates. However, analysts argue that what is happening is merely a reversal of an anomaly- Hong Kong banks had been flush with liquidity over the past ...

  8. Dollar power defies HKMA

    Posted Nov 20th 2003, 12:00am by Enoch Yiu

    ... Bank of Japan intervention. The Australian dollar strengthened to six-year highs, the British pound traded at near five-year highs, and gold pushed above US$400 an ounce for the first time since 1996. Market watchers said the greenback's weakness against the HK dollar was also due to reluctance among investors and banks to shift their holdings into US dollars amid uncertainty ...

  9. Yuan revaluation back on agenda

    Posted Sep 04th 2004, 12:00am by Staff Reporter

    ... [discount] has been grinding slowly, steadily wider since the beginning of August, which we attributed to fading fears of a hard landing in China,' said Tim Condon, the chief economist of ING ... about the latter would still influence the HK dollar in the short term, said James Malcolm, an Asian foreign exchange strategist at Deutsche Bank. Mr Malcolm said the reason was that under ...

  10. Biography of the Dollar

    Posted Mar 16th 2008, 12:00am by Steve Cray

    ... in dollars.' The book opens with a dollar meltdown scenario from Dutch TV in 2005 that is reminiscent of the scary 1938 radio adaptation of H.G. Wells' War of the Worlds. In the TV drama, ... to happen over a longer period. Even with currencies like the euro lurking as pretender to the currency throne, global banks and markets don't switch their allegiances overnight. But as he ...




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