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  • September 16, 2014
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  1. Business - Banking & Finance - REGULATION

    Standard Chartered ‘close’ to settlement with New York regulator

    Posted Aug 19th 2014, 10:53am by Reuters

    ... Reuters in New York Standard Chartered is close to a deal to pay between US$200 million and US$300 million to resolve allegations by New York’s banking regulator that it failed to review ... said. The penalty would be the second the British bank has paid to the New York Department of Financial Services in two years. In August 2012, Standard Chartered agreed to a US$340 million ...

    http://www.scmp.com/business/banking-finance/article/1576651/standard-chartered-close-settlement-new-york-regulator
  2. Business - China Business - VEHICLES

    The 40b yuan cost of new emission rule

    Posted Feb 25th 2013, 12:00am by Anita Lam

    ... Upgrade may force small carmakers out of business as Beijing becomes the first mainland city to ban registration of non-compliant vehicles Stringent new emission standards ... V emission standard. Earlier this month, the State Council said the new requirement would be extended to the whole nation by 2017. The undertaking came after various parts of northern China were ...

    http://www.scmp.com/business/china-business/article/1157722/40b-yuan-cost-new-emission-rule
  3. Beijing pins hopes for lower emissions on diesel engines

    Posted Sep 10th 2007, 12:00am by Kandy Wong

    ... Kandy Wong in Tianjin Beijing plans to encourage the use of diesel engines to help vehicles meet Euro IV emission standards by early next year, according to the National Development ... for Beijing, which is determined to ensure that the city is able to meet Euro IV emission standards before the start of the Olympic Games in summer next year. Pressure is also building on carmakers ...

    http://www.scmp.com/article/607339/beijing-pins-hopes-lower-emissions-diesel-engines
  4. Business - Economy

    Confidence voiced for pact on emissions

    Posted Sep 26th 2013, 12:00am by Reuters

    ... Reuters in Montreal Issues at UN meeting include whether to exempt poorer states from carbon fees Confidence voiced for pact on emissions United Nations aviation chiefs yesterday said thorny issues still loom heading into two weeks of negotiations aimed at finalising a deal to address greenhouse gas emissions from the global aviation sector. The UN's International Civil ...

    http://www.scmp.com/business/economy/article/1317908/confidence-voiced-pact-emissions
  5. New emissions level a symbolic move: analysts

    Posted Mar 01st 2008, 12:00am by Shi Jiangtao

    ... Shi Jiangtao in Beijing Tougher standard on cars may not clean air much for Games A tougher emissions standard for new cars begins today in Beijing, the first city on the mainland to adopt ... emissions standard- the equivalent of Euro IV- was consistent with the capital's pollution control efforts in the lead-up to the Games, said Beijing environmental protection bureau spokesman Du ...

    http://www.scmp.com/article/628149/new-emissions-level-symbolic-move-analysts
  6. Comment - Letters

    Letters to the Editor, September 8, 2014

    Posted Sep 08th 2014, 03:46am by LETTERS

    ... pollution. You say "Owners whose cars and trucks are breaching emissions standards will be given 12 days to fix the problem" or face having their licences revoked. What about all ... almost every evening, smaller junks in Central wait at the dockside, idling their engines, as acrid smells fill the air. Such choking emissions spoil the new walk from the Macau cruise terminal ...

    http://www.scmp.com/comment/letters/article/1587349/letters-editor-september-8-2014
  7. Property - Hong Kong & China - C-SUITE

    Green Development Council chairman on a mission to save planet

    Posted Aug 26th 2014, 11:33am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com For Conrad Wong, the promotion of greener building standards is nothing less than a mission to save the planet, as the head of the Hong Kong Green ... per cent of electricity use and 60 per cent of carbon-dioxide emissions. A low-carbon, sustainably built environment will play a crucial role in protecting the city's environment. What ...

    http://www.scmp.com/property/hong-kong-china/article/1579143/green-development-council-chairman-mission-save-planet
  8. Business - Banking & Finance - BANKING

    Standard Bank writes off US$80m for Qingdao metal financing exposure

    Posted Aug 15th 2014, 08:24am by Chim Sau Wai

    ... Chim Sau Wai South Africa’s Standard Bank has booked an US$80 million writedown from its exposure to a suspected aluminium financing fraud in China. Mainland authorities are investigating suspected fraud and detained a cargo of metals that included aluminium and copper at Qingdao port, the third busiest port in the country. Standard Bank- 20 per cent owned by Industrial ...

    http://www.scmp.com/article/1574106/standard-bank-writes-us80-million-qingdao-metal-financing-exposure
  9. Amended air pollution law will lead to drastic emissions cuts

    Posted May 02nd 2008, 12:00am by Staff Reporter

    ... Ordinance. Quite contrary to what he thinks, the proposed amendment is an important step towards achieving the 2010 emission reduction targets agreed with the Guangdong provincial government. Through the amendments, the Hong Kong government proposes to establish the necessary control mechanism to ensure a timely and transparent implementation of the emission caps for the power sector and to cater ...

    http://www.scmp.com/article/636006/amended-air-pollution-law-will-lead-drastic-emissions-cuts
  10. Comment - Letters

    Operators of ships emitting excessive dark smoke face fines

    Posted Sep 15th 2014, 04:20am by LETTERS

    ... of dark smoke emissions from vessels were gazetted on July 18, and came into effect on the same day. Pursuant to the amended Section 51 of Cap 548, it is an offence for any local vessel ... and the public, and the department will continue to promote the message on this matter. The department will also conduct operations against the dark smoke emissions from vessels at strategic locations. ...

    http://www.scmp.com/comment/letters/article/1592659/operators-ships-emitting-excessive-dark-smoke-face-fines

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