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  1. CIC recovers US$5.3b frozen in global crisis

    Posted Sep 11th 2010, 12:00am by Staff Reporter

    ... by the global financial crisis. Beijing-based CIC said it had recovered its US$5.3 billion investment in the Reserve Primary Fund, which suspended redemptions and was forced to make liquidations ... investing overseas. Soon after its establishment in September 2007, the fund was hit by the financial crisis. Beijing is now reportedly considering restructuring CIC in a bid to boost ...

    http://www.scmp.com/article/724496/cic-recovers-us53b-frozen-global-crisis
  2. Insolvency law back on the agenda after financial crisis

    Posted Apr 21st 2010, 12:00am by Kate Watson

    ... in Hong Kong. Such a law was proposed in 2000 and again in 2003, but was not enacted by the Legislative Council. Hong Kong had just gone through economic downturns- the Asian financial crisis and the period during the severe acute respiratory syndrome epidemic. But as the economy recovered after each crisis, the sense of urgency behind having a restructuring law quickly faded. A year ago, ...

    http://www.scmp.com/article/711963/insolvency-law-back-agenda-after-financial-crisis
  3. Debt crisis threatens Kaohsiung subway

    Posted Mar 18th 2010, 12:00am by Lawrence Chung

    ... Lawrence Chung in Taipei As high-speed rail fever sweeps the mainland and Taiwan's high-speed line counts its losses, the island's Kaohsiung subway has revealed NT$5 billion (HK$1.22 billion) of losses after two years of operation. The deficit h ...

    http://www.scmp.com/article/708928/debt-crisis-threatens-kaohsiung-subway
  4. Comment - Insight & Opinion - LEADER

    China's solar energy industry may see phoenix-like rise

    Posted Mar 28th 2013, 12:00am by STAFF

    ... such as Europe's Q-Cells into bankruptcy. But its rapid expansion resulted in overcapacity. During the global financial crisis, worldwide demand for solar panels collapsed. Suntech was especially ...

    http://www.scmp.com/comment/insight-opinion/article/1201341/chinas-solar-energy-industry-may-see-phoenix-rise
  5. Container throughput improves but continues to feel crisis impact

    Posted Apr 17th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih Hong Kong port's container throughput improved slightly last month compared with February and January, but still felt the chilling impact of the global financial crisis ... in 2001 and during the 1997 Asian financial crisis. 'It was an improvement, but it is still not that good. The improvement needs to be better in April and May,' said Charles de Trenck, ...

    http://www.scmp.com/article/677102/container-throughput-improves-continues-feel-crisis-impact
  6. Toy master prescribes fun to survive the crisis

    Posted Jan 19th 2009, 12:00am by Denise Tsang

    ... toymakers in the export powerhouse Pearl River Delta have perished. Then came the global financial crisis, which has hammered not only Chinese suppliers but also retailers in the US and Britain. ... of the global financial crisis,' said Mr Storch. 'It went bankrupt before ... during the good years.' Souring demand and global credit shortages sent further shock waves to the other end ...

    http://www.scmp.com/article/667427/toy-master-prescribes-fun-survive-crisis
  7. 900 banking jobs lost as crisis bites deeper in region

    Posted Nov 08th 2008, 12:00am by Staff Reporter

    ... of this month, mainly in its Hong Kong and Singapore operations, as the impact of the global economic crisis worsens in the region. The layoffs will be the first for the banking giant since 2002 when ... be layoffs in all sectors soon as the financial crisis deepens, while unions have urged employers not to resort to mass layoffs to cut costs. US investment bank Goldman Sachs has already laid off 100 ...

    http://www.scmp.com/article/659397/900-banking-jobs-lost-crisis-bites-deeper-region
  8. Government can cushion the impact of crisis

    Posted Oct 19th 2008, 12:00am by Staff Reporter

    ... Until recently, people have focused on the global financial meltdown - especially on stock markets - and the credit squeeze on banks. Now the crisis is starting to affect the non-financial parts of the global economy. This development had not affected Hong Kong much because financial contagion takes time to spread. However, the worldwide crisis has at last hit home and the local ...

    http://www.scmp.com/article/656876/government-can-cushion-impact-crisis
  9. Vice-premier in charge of Beijing crisis committee

    Posted Oct 14th 2008, 12:00am by Staff Reporter

    ... Adam Chen and Al Guo in Beijing Vice-Premier Wang Qishan will head a committee being set up to deal with fiscal uncertainties caused by the deteriorating global financial crisis, according ... precautions to guard against the side effects of the international slowdown were needed. The source said the central government believed 'losses from the international financial crisis ...

    http://www.scmp.com/article/656225/vice-premier-charge-beijing-crisis-committee
  10. Crisis catches up with delta

    Posted Oct 19th 2008, 12:00am by Staff Reporter

    ... Staff Reporters Bosses fear 2.5m working for HK firms to lose jobs by Lunar New Year Up to 21/2 million people in the Pearl River Delta could lose their jobs in the next three months as the global financial crisis bites deep into the region's real economy, a Hong Kong business group has warned. 'The flow-on effects in Hong Kong will be drastic. It will hit the banks, ...

    http://www.scmp.com/article/656900/crisis-catches-delta

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