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  • September 21, 2014
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  1. News - Asia - Flight MH370

    Dutch firm Fugro wins contract to lead sea-floor search for MH370

    Posted Aug 06th 2014, 09:34pm by Reuters

    ... Reuters in Sydney Dutch firm to lead sea-floor search for airliner Dutch engineering firm Fugro will lead the search of the sea floor where missing Malaysia Airlines flight MH370 ... cameras to scour the sea floor, which is close to 5,000 metres down in places. The Dutch company is already conducting a detailed underwater mapping of the search area, along with the Chinese navy ...

    http://www.scmp.com/news/asia/article/1567805/dutch-firm-fugro-wins-contract-lead-sea-floor-search-mh370
  2. Business - Banking & Finance

    Fed pushing for biggest US banks to shrink

    Posted Sep 10th 2014, 09:21am by Associated Press

    ... Associated Press in Washington The Federal Reserve is pushing the biggest US banks to shrink so that they are less of a risk to the financial system. In testimony at a Senate hearing on Tuesday, Fed Governor Daniel Tarullo highlighted several proposals that regulators are working on. They include imposing additional capital requirements for the eight largest banks – including ...

    http://www.scmp.com/business/banking-finance/article/1589184/fed-pushing-biggest-us-banks-shrink
  3. Business - Banking & Finance - BANKING

    Top state bank bosses motivated by government prospects

    Posted Sep 10th 2014, 04:05am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Party links key motivation for top executives When state bank executives bargain for promotion, they do not always talk salary. The mainland's biggest state-owned banks are springboards into the government, often launching top executives into some of the most-coveted and powerful regulatory roles. Last month, Agricultural Bank of China ...

    http://www.scmp.com/business/banking-finance/article/1588905/top-state-bank-bosses-motivated-government-prospects
  4. Property - International - UNITED STATES

    US regulators target non-bank home loan servicers

    Posted Sep 10th 2014, 04:43am by Bloomberg

    ... Bloomberg in Boston Consumer financial watchdog issues guidance on how to handle the transfer of mortgages Regulators target non-bank home loan servicers Ranjan and Gita Chhibber said they failed in their year-long effort to save their home because of forces beyond their control- a US$1.3 billion mortgage deal between Bank of America Corp and Nationstar Mortgage Holdings. After ...

    http://www.scmp.com/property/international/article/1588772/us-regulators-target-non-bank-home-loan-servicers
  5. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... Agence France-Presse in Sydney Global jobs crisis, warns World Bank The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet to solve the problem, the World Bank warned yesterday. In a study released at a G20 labour and employment ministerial meeting in Australia, the bank said an extra 600 million jobs needed ...

    http://www.scmp.com/news/world/article/1588934/world-bank-warns-global-jobs-crisis
  6. Business - Banking & Finance - COURTS

    Another ex-Rabobank trader pleads guilty to Libor rigging

    Posted Aug 20th 2014, 01:34am by Reuters

    ... a US$325 million criminal penalty for the Dutch bank and a deferred prosecution agreement with the Justice Department. Libor underpins hundreds of trillions of dollars of transactions and is used ... offered rate, becoming the second employee of the Dutch-based lender to admit guilt in a United States probe into alleged manipulation of interest rate benchmarks worldwide. Paul Robson, a British ...

    http://www.scmp.com/business/banking-finance/article/1577197/another-ex-rabobank-trader-pleads-guilty-libor-rigging
  7. Lifestyle - Arts & Culture

    Taipei Biennial sounds a warning about our treatment of the world

    Posted Sep 21st 2014, 11:07am by David Frazier

    ... an aircraft engine and convert it to granules of dust, which sit in a sort of puddle in the middle of one gallery; the piece is called Untitled. For Puddle, Dutch artist Marlie Mul created fake ...

    http://www.scmp.com/lifestyle/arts-culture/article/1596022/taipei-biennial-sounds-warning-about-our-treatment-world
  8. News - China - TAIWAN

    Fiery end for artist's 'giant white rabbit'

    Posted Sep 16th 2014, 04:29am by AFP

    ... Agence France-Presse in Taipei Artwork by creator of huge inflatable duck that toured world damaged in blaze Fiery end for 'giant white rabbit' Dutch artist Florentijn Hofman's giant white rabbit, which drew more than two million visitors on show in Taiwan, was damaged by a fire when workers were trying to dismantle it, organisers said yesterday. The left paw, ...

    http://www.scmp.com/news/china/article/1593452/fiery-end-artists-giant-white-rabbit
  9. Business - Banking & Finance - FUNDRAISING

    China banks to test investor appetite with US$20b in Basel securities

    Posted Sep 08th 2014, 12:41pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Lenders seeking to raise US$20 billion in debt issues may find market challenging Mainland banks face cautious sentiment A potential US$20 billion worth of securities issuances from mainland banks in the second half of the year could meet cautious market sentiment, Fitch Ratings said yesterday. The mainland's five biggest banks are expected ...

    http://www.scmp.com/business/banking-finance/article/1587754/china-banks-test-investor-appetite-us20b-basel-securities
  10. Sport - Tennis - PROFILE

    How Li Na went from a badminton-playing kid in Wuhan to one of China's global icons

    Posted Sep 19th 2014, 04:22pm

    ... Melbourne Park as her “special place”, thriving in Rod Laver Arena’s “qi”, but tasted heartbreak there the following year, overhauled by champion Kim Clijsters in the final and tee-ing off at rowdy ...

    http://www.scmp.com/sport/tennis/article/1596073/how-li-na-went-badminton-playing-kid-wuhan-one-chinas-global-icons

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