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  1. Business - Banking & Finance - MUTUAL FUNDS

    Interest in China's once lucrative mutual fund sector wanes

    Posted Nov 12th 2012, 12:00am by Daniel Ren

    ... The Dutch financial company recently sold its 33 per cent of China Merchants Fund Management to two Chinese partners- China Merchants Bank and China Merchants Securities- for US$128 million. ... interest. ING's decision to sell its stake in China Merchants Fund mainly stemmed from its need to generate funds for repaying part of the bailout money it received from the Dutch government ...

    http://www.scmp.com/business/banking-finance/article/1080280/interest-chinas-once-lucrative-mutual-fund-sector-wanes
  2. MIDDLE EAST

    Arafat’s remains said to be exhumed on Tuesday

    Posted Nov 24th 2012, 08:39pm by Associated Press in Ramallah, West Bank

    ... Associated Press in Ramallah, West Bank The remains of former Palestinian leader Yasser Arafat will be exhumed on Tuesday as part of a renewed investigation into his death, a Palestinian ... tomb in Arafat’s former government headquarters in the West Bank city of Ramallah. The Palestinian Authority, the self-rule government in the West Bank, had hesitated before agreeing to exhume ...

    http://www.scmp.com/article/1090044/arafats-remains-said-be-exhumed-tuesday
  3. ING Real Estate keeps its appetite despite tightening

    Posted Nov 07th 2007, 12:00am by Sandy Li

    ... are beginning to show. ING Real Estate Investment Management managing director Richard van den Berg is among the big money managers with an eye on mainland property. In December last year, the Dutch investment banking group raised US$350 million for its China Opportunity Fund, which invests in mainland developments and owns property in Shanghai and Changsha. Last month, the fund pulled out ...

    http://www.scmp.com/article/614590/ing-real-estate-keeps-its-appetite-despite-tightening
  4. Business - Banking & Finance - POLICY

    Bank of England governor loses rate consensus as members seek increase

    Posted Aug 21st 2014, 01:28am by BLOOM

    ... in the minority for a while," said James Knightley, an economist at ING Bank. "Low inflation numbers, the lack of wage growth and concerns about euro-zone growth-- the UK's largest trade ... Bloomberg in London Two monetary policymakers break ranks and vote to lift borrowing costs from record low Carney loses rate accord as BOE splits on increase Bank of England governor Mark ...

    http://www.scmp.com/business/banking-finance/article/1578044/bank-england-governor-loses-rate-consensus-members-seek
  5. Business - Companies - TRANSPORT

    MTR wins contract for Sydney rail link

    Posted Sep 17th 2014, 10:54am by CHIM SAU-WAI

    ... such as Palisade Investment Partners. The consortium's financing would include three major banks in Australia- ANZ, National Australia Bank and Westpac- as well as international banks such as Standard Chartered, HSBC Holdings, ING, Plenary Group said. The Sydney contract is a public-private partnership covering the major parts of the design, construction and financing of the North West Rail Link, ...

    http://www.scmp.com/business/companies/article/1594464/mtr-wins-contract-sydney-rail-link
  6. News - Asia - Flight MH370

    Mystery withdrawals from MH370 passengers’ bank accounts angers families

    Posted Aug 14th 2014, 11:30pm by Amy Chew

    ... Amy Chew in Kuala Lumpur Cash taken from missing passengers' accounts More than HK$270,000 has been mysteriously withdrawn from the bank accounts of four passengers on missing ... of four MH370 passengers. This occurred in one bank," said Kuala Lumpur Commercial Crime Investigation Department chief assistant commissioner Izany Abdul Ghany. He declined to name the bank ...

    http://www.scmp.com/news/asia/article/1573817/mystery-withdrawals-mh370-passengers-bank-accounts-angers-families
  7. News - World - NETHERLANDS

    Former top Dutch banker, wife and daughter found dead

    Posted Apr 07th 2014, 04:45am by Reuters

    ... Reuters in Amsterdam Ex-top banker, wife and daughter found dead A Dutch former top banker who came under fire for taking a large pay-off after the nationalisation of his troubled bank was found dead along with his wife and daughter in what police called a family tragedy. Jan Peter Schmittmann, 57, ran the domestic operations of Dutch bank ABN Amro between 2003 and 2007 ...

    http://www.scmp.com/news/world/article/1466651/former-top-dutch-banker-wife-and-daughter-found-dead
  8. Business - Banking & Finance

    ECB keeps interest rates at record-low as Ukraine casts cloud over Europe

    Posted Aug 08th 2014, 04:28am by Reuters

    ... Reuters in Frankfurt and London As conflict in Ukraine threatens to hit, central bank leaves borrowing costs unchanged ECB keeps key interest rate at record low The European Central Bank ... unchanged at a record low of 0.15 per cent, as expected. It also kept the rate on bank overnight deposits at minus 0.1 per cent, which means banks pay to park funds at the central bank, and held its ...

    http://www.scmp.com/business/banking-finance/article/1568632/ecb-keeps-interest-rates-record-low-ukraine-casts-cloud
  9. Business - Money - TECHNOLOGY

    Online financial advisers gain investor favour

    Posted Sep 16th 2014, 03:23am by WASHPOST

    ... investment management services such as ING and Allied Bank, where he would have sought counsel from professional financial advisers. But many of his friends were using software applications- often called "robo-advisers"- designed to provide automated financial guidance. Though he was wary of online banking, particularly when managed by small firms with which he was unfamiliar, ...

    http://www.scmp.com/business/money/markets-investing/article/1593307/online-financial-advisers-gain-investor-favour
  10. Business - Companies - TECHNOLOGY

    Hua Capital hires Bank of America for OmniVision deal

    Posted Sep 19th 2014, 05:34am by Bloomberg

    ... Bloomberg in New York Private equity firm leads Chinese investors in US$1.7b bid for designer of camera sensor chips Hua signs bank to finance purchase of OmniVision Hua Capital Management, a Beijing-based private equity firm, has hired Bank of America to provide funding for its US$1.7 billion bid for US camera sensor-maker OmniVision Technologies. Bank of America is also ...

    http://www.scmp.com/business/companies/article/1595559/hua-capital-hires-bank-america-omnivision-deal

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