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  • September 2, 2014
  • Last updated: 12:25pm
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  1. Sport - Soccer - SOCCER

    Manchester United swoop on Radamel Falcao as Europe splash the cash

    Posted Sep 02nd 2014, 12:02am by AFP

    ... Chelsea's Dutch midfielder Marco van Ginkel has gone to AC Milan. Italy's World Cup striker Alessio Cerci moved from Torino to Atletico Madrid, who have signed 10 players for their campaign ...

  2. Business - Banking & Finance - REMUNERATION

    CCB says pay cuts for executives in line with global standard

    Posted Sep 01st 2014, 04:21pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Huang Yi says that any reduction in pay at state banks will be in line with international practice CCB official says top executives face salary cuts China Construction Bank executives acknowledged yesterday that senior executives at mainland state banks could face pay cuts in line with recent government reforms but pushed back against ...

  3. Business - Economy

    Euro zone posts zero GDP growth

    Posted Aug 15th 2014, 01:09am by Reuters

    ... remain stuck in stop-and-go mode," said Peter Vanden Houte, chief euro zone economist at ING. France fared little better, flatlining for the second successive quarter. That forced the French ... and the European Central Bank to do more. "We must adapt the pace of deficit reduction to the exceptional situation... of growth that is too weak everywhere in Europe and the exceptional situation ...

  4. Business - Banking & Finance

    Time for ECB to man the quantitative easing pumps

    Posted Aug 25th 2014, 03:33am by DAVID BROWN

    ... pumps The European Central Bank has been long on promises and short on delivery for too long. Two years after president Mario Draghi pledged to do "whatever it takes" to save the euro, ... €1 trillion (HK$10.3 trillion) of asset purchases to ward off deflation. But this is not enough- it would only represent a meagre 7 per cent of the euro zone's GDP. The central bank ...

  5. Business - Banking & Finance - EARNINGS

    Huishang Bank net profit up 15.78pc

    Posted Aug 22nd 2014, 10:17am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com In its first interim report since its listing in November, Huishang Bank reported that first-half net profit rose 15.78 per cent year on year to 2.84 billion ... at the end of last year and 0.64 per cent at the end of June last year. During the first half of 2014, the bank reasonably adjusted its total loan amount Huishang Bank “During the first half ...

  6. News - World - BANKING

    Bank of America to pay US$16 billion over flawed security mortgages

    Posted Aug 22nd 2014, 01:26am by GDN

    ... The Guardian in New York Bank of America to pay a record fine of US$17b Bank of America has agreed to pay a record US$16.65 billion to settle charges it sold flawed mortgage securities ... powerful to escape appropriate enforcement action by the Justice Department. At nearly US$17 billion, this resolution with Bank of America is the largest the department has ever reached ...

  7. Magazines - Post Magazine - TELEVISION

    Channel hop

    Posted Aug 30th 2014, 11:32pm by Mark Peters

    ... 7.30pm) as the newly regenerated Doctor and his companion, Clara (Jenna Coleman, above with Capaldi), come face to face with their greatest enemy, the ex-ter-mi-nat-ing Daleks. ...

  8. Lifestyle - Books - ECOLOGY

    Book review: Sacred Mountains, by Allerd Stikker

    Posted Aug 30th 2014, 10:12pm by David Wilson

    ... was converted to the green cause by business trips to Taiwan at the end of the 1970s. Back then, he ran RSV, a Dutch shipbuilding company that produced naval kit. Taiwan introduced him to Taoism ...

  9. News - World - EUROPE

    Anti-euro Alternative for Germany wins seats in Saxony state poll

    Posted Sep 01st 2014, 11:22pm by AP

    ... The Bank of Spain says €864 million in notes and €805 million in coins have yet to be cashed in. Last year the bank exchanged 2.5 billion pesetas for €15 million, about €12 million of it in notes ... at any bank up until the end of June of that year. Thereafter, the exchange could only be made via the central bank. In a country with a large parallel economy where many transactions are done ...

  10. Business - Companies - DISPOSALS

    Li Ka-shing to sell Shanghai property assets worth HK$6 billion

    Posted Aug 12th 2014, 07:29pm by Jasper Moiseiwitsch and Yvonne Liu

    ... maintained a five to six-year land bank in Hong Kong, but today its land reserves would only last about three to four years. The company's land bank in the mainland had dropped from 200 million ... the moment, [Cheung Kong has] a land bank and projects to sell. While property prices are still rising, the outlook in three or four years, when various projects are completed, prices may no longer ...




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