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  • April 20, 2014
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  1. Business - Banking & Finance - STRATEGY

    Hong Kong yuan business lures non-local banks

    Posted Apr 14th 2014, 05:07am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Instead of taking OCBC's acquisition approach, Industrial Bank first sets up a branch in the city HK yuan business lures outsiders An increasing number of non-local banks are entering the Hong Kong market to grab a slice of the growing yuan-related business. But while some aggressive players have paid billions of dollars to secure a well-established ...

    http://www.scmp.com/business/banking-finance/article/1481464/hong-kong-yuan-business-lures-non-local-banks
  2. News - Hong Kong - MONEY LAUNDERING

    No pressure to avoid going after banks for money laundering: police

    Posted Apr 14th 2014, 06:21am by SAMUEL CHAN, Toh Han Shih

    ... Samuel Chan and Toh Han Shih Investigators deny facing pressure to focus on low-level 'stooges' rather than major players We are free to go after banks, say police The police are not under pressure to avoid going after major banks and masterminds when investigating suspected money laundering, the head of the narcotics bureau's financial investigations division says. ...

    http://www.scmp.com/news/hong-kong/article/1481065/no-pressure-avoid-going-after-banks-money-laundering-police
  3. Business - Banking & Finance - LENDING

    Taiwan banks put clamps on loans to mainland China firms

    Posted Apr 14th 2014, 05:07am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Taiwan banks put clamps on loans to mainland firms Taiwanese banks are shutting off lending to mainland firms. Offshore loans to mainland firms in the first quarter was just 15 per cent of the sums lent in the previous quarter, according to Thomson Reuters Loan Pricing Corp. The banks' sudden departure from the market ...

    http://www.scmp.com/business/banking-finance/article/1481455/taiwan-banks-put-clamps-loans-mainland-china-firms
  4. Comment - Insight & Opinion

    A warning sign for the Kuomintang

    Posted Apr 19th 2014, 03:17am by SCMP Editorial

    ... in the defeat of its 2008 presidential candidate, Dr Tsai Ing-wen, by Ma Ying-jeou in 2008 was the DPP's anti-mainland policy. She later admitted the DPP needed to modify its cross-strait policy ...

    http://www.scmp.com/comment/insight-opinion/article/1487684/warning-sign-kuomintang
  5. News - China - TAIWAN

    Blow for Taiwan's KMT as just one runner remains in opposition leadership race

    Posted Apr 14th 2014, 11:37pm by Lawrence Chung, Teddy Ng

    ... Lawrence Chung lawrence.chung@scmp.com Blow to Taiwan's ruling KMT as Tsai Ing-wen's rivals to head opposition party quit contest One runner in DPP leadership race Dr Tsai Ing-wen became the only candidate for the top post in Taiwan's main opposition DPP after the other two dropped out. The surprise announcement is likely to have a great impact on the 2016 ...

    http://www.scmp.com/news/china/article/1482512/tsai-ing-wen-only-candidate-head-dpp-after-rivals-withdraw
  6. News - Hong Kong

    Three jailed over HK$90b bogus bank documents

    Posted Apr 12th 2014, 05:13am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Trio caught during police checks on the HKMEx showed no remorse, says judge Three jailed for HK$90b bogus bank documents Three mainlanders caught with bogus bank documents purportedly worth more than HK$90 billion during police checks on the Hong Kong Mercantile Exchange (HKMEx) have been jailed for between 2-1/2 and three years. Dai Linyi, 55, ...

    http://www.scmp.com/news/hong-kong/article/1476741/three-jailed-over-hk90b-bogus-bank-documents
  7. Business - Banking & Finance

    Beijing to set limits on online payments in security push

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

    ... Reuters in Shanghai Move aims to protect banks and consumers from fraud as internet transactions soar Beijing to set limits on online payments The mainland will limit the amount of money consumers can transfer to third-party online payment platforms, aiming to protect banks and consumers from fraud amid an explosion of online and mobile payment transactions. Banks would be obliged ...

    http://www.scmp.com/business/banking-finance/article/1487614/beijing-set-limits-online-payments-security-push
  8. News - China - ART

    China's ‘lost’ sexual past is laid bare in Sotheby's erotic art exhibit

    Posted Apr 16th 2014, 05:41pm by AFP

    ... Agence France-Presse Dutch collector says China's philosophy-based sexual thinking disappeared during Cultural Revolution Ancient paintings of fornicating Chinese couples and phalluses made of stone are among items that Dutch art collector Ferdinand Bertholet hopes will help China reconnect with its sexually charged past. Explicit works spanning from the Han dynasty ...

    http://www.scmp.com/news/china/article/1484162/chinas-lost-sexual-past-laid-bare-sothebys-erotic-art-exhibit

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