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  1. HK firm on enhancing financial centre role

    Posted Apr 01st 2009, 12:00am by Staff Reporter

    ... Maria Chan The Hong Kong government would work with regulators and the financial industry to enhance the city's role as an international financial centre through measures ... an international financial centre given the fast growth of the mainland economy and the rising influence of the yuan globally. 'Our direction of being an international financial centre in this time ...

  2. Guangzhou's glittering financial centre turns into a 'Lost City'

    Posted Oct 03rd 2009, 12:00am by Chloe Lai

    ... also called the International Financial Centre, has been topped off at 110 storeys. The towers are the centrepiece of the city's most significant new development- Zhujiang New Town. ... as an answer to Shanghai's Pudong, a financial centre for the south to compete with Beijing and Shanghai in attracting multinational corporations and financial institutions. The eastern side ...

  3. Shady practice harms interests of investors, damages city's image as a financial centre

    Posted Jul 26th 2009, 12:00am by Staff Reporter

    ... misuses the non-public information to his own advantage, and it harms investors' interests and the city's reputation as a financial centre. Insider dealing is both a civil and criminal ...

  4. Beijing banks on Lize in bid to be financial centre

    Posted May 29th 2009, 12:00am by Staff Reporter

    ... designation of Shanghai as an international financial centre is a panoramic consideration of China's economic development strategy, while our move is based on the realistic and natural need ... economy to a market-oriented one began. The capital's strongest claim lay in the fact that it was the nerve centre of the country's financial decision-making and administration. ...

  5. Popping the truly big question after they say yes

    Posted Aug 09th 2009, 12:00am by Staff Reporter

    ... ignore the existence of the trust and award to the other side on the basis that assets held in trust could be available to the settlor if required in order to meet his financial obligations if he ...

  6. Xiamen seeks approval to set up sole currency settlement centre

    Posted Jun 16th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Xiamen, a major city in Fujian, is making a move to forge closer financial ties with Taiwan by applying to be the mainland's first and only settlement centre ... the State Council's approval to set up the planned settlement centre, a shortcut to existing fund flows from Taiwan into Xiamen through Hong Kong, he said. 'We are fighting for this,' ...

  7. Filipinos cut back on remittances as financial crisis bites

    Posted Jan 11th 2009, 12:00am by Mary Ann, Mary Ann Benitez

    ... through successive financial crises in the region. Hong Kong, which has 126,000 Filipino domestic helpers and about 10,000 professionals or residents, is among the top sources of remittances ... centres or door-to-door money transfers not reported to the central bank. But bankers and workers' leaders told the Sunday Morning Post that the good days were over, judging by the amount ...

  8. Graft complaints jump amid financial crisis

    Posted Apr 03rd 2009, 12:00am by Staff Reporter

    ... of the impact of the financial tsunami while last year's number is exceptionally low,' Mr Tong said yesterday at the opening ceremony of the Centre of Anti-Corruption Studies. The ICAC needed ... Phyllis Tsang The rising number of graft complaints linked to the financial meltdown is being closely monitored, with first quarter figures showing a significant 23 per cent increase, ICAC ...

  9. Financial hub rolls out the red carpet

    Posted Sep 04th 2009, 12:00am by Prudence Lui

    ... to the new cruise terminal on the Bund. It is just across the street from what will become a centre for sightseeing along the Huangpu River on cruise ships, paddleboat steamships and leisure boats. ... this tough time, incentives are doing the best, whereas exhibitions and conventions are suffering as the financial crisis is affecting the United States and European businesses. A lot ...

  10. More land to turn Shanghai into global financial hub

    Posted Apr 03rd 2009, 12:00am by Staff Reporter

    ... at developing the city into a global financial centre by 2020, is viewed by economists as a precursor to further drastic market liberalisations on the mainland. The rule also included some generalities ... Daniel Ren in Shanghai Shanghai has pledged more land for the development of its financial sector to bolster its ambition to become an international finance hub. According to a draft rule ...




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