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  1. Business - Banking & Finance

    Hong Kong on track to become top financial centre

    Posted Dec 13th 2012, 12:37pm by Jeanny Yu

    ... Jeanny Yu Hong Kong is expected to overtake London by 2015 and surpass New York by 2016 to become the world’s biggest financial centre, reflecting a massive shift in the balance of power ... overtaken  London to reach 248,000, according to the lastest report released by the London-based Centre for Economics and Business Research (CEBR). By 2015, London would have 237,000 financial ...

  2. News - Hong Kong - INDEX

    Hong Kong ranked world's top financial centre for second year

    Posted Nov 01st 2012, 01:35pm by Lai Ying-kit

    ... of the world’s leading financial centres by analysing drivers of financial system development that support economic growth. The rankings were released late on Wednesday. Hong Kong SAR ranked first among ... and commercial access are also well recognised by the WEF.” Last year, Hong Kong leapfrogged the United States and Britain to become the first Asian financial centre to top the index that began in 2008. ...

  3. News - Hong Kong

    Lions Centre helps to ease financial burden on liver patients' families

    Posted Dec 02nd 2012, 12:00am by LO WEI

    ... to the Lions Kidney Educational Centre and Research Foundation's dialysis centre in Sham Shui Po twice a week. The procedure costs HK$1,200 each time, almost half the price charged at a private hospital, where she was treated in 2010. The financial burden on the family was heavy, Yeung said, but it would have been worse had they not come to know of the Lions service. About 4,000 patients ...

  4. Business - Banking & Finance - RANKINGS

    Hong Kong again takes world top spot in financial rankings

    Posted Nov 01st 2012, 12:00am by Lulu Chen

    ... topfinancial centre Hong Kong has been named the world's top financial centre for the second year running by the World Economic Forum. The independent organisation gave the city top spot again ... said then that Hong Kong's explosive listing volume, low tax rates and status as the top offshore yuan trading centre had boosted its ranking. The city's status as a financial hub ...

  5. News - China

    China promotes senior woman to lead financial hub Tianjin

    Posted Nov 21st 2012, 03:06pm by Reuters in Beijing

    ... into a global financial centre, state media said on Wednesday. Sun Chunlan, 62, will move from the southeastern coastal province of Fujian, where she had been party boss since 2009, the official Xinhua ... the local government employed cheap state capital and high levels of debt to fund the goal of turning the port city into a global financial centre. ...

  6. Business - Banking & Finance

    Beijing unveils financial blueprint

    Posted Sep 18th 2012, 12:00am by JANE CAI

    ... Kong's development as an offshore yuan centre and global asset management hub and help promote its role as an international financial centre. It said the government would accelerate the pace of turning Shanghai into an international financial centre while enhancing co-operation with Hong Kong. ...

  7. Business - Comment - MONITOR

    Why London became a centre of finance, but Shanghai won't

    Posted Oct 31st 2012, 12:00am by Tom Holland

    ... of finance, but Shanghai won't When the British want to explain why the City of London is the world's leading international financial centre, they usually attribute its position to a couple ... No doubt all of these played a role. But there was another element behind London's development as an international financial centre which seldom gets mentioned, although it was vitally ...

  8. Toronto financial services industry ripe for Asian partnerships

    Posted Oct 03rd 2012, 03:41pm by Anna Mori, Michelle Phillips, Laleh Larijani and Christina Guindo

    ... Anna Mori, Michelle Phillips, Laleh Larijani and Christina Guindo Discovery Reports As a top 10 global hub and the second largest financial services centre in North America, Toronto ... helps sustain this key strength with its Centre of Excellence in Financial Services Education. It works with the business community and educational institutions to keep the quality of education ...

  9. Dispute centre set for launch

    Posted Jun 15th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The government-funded Financial Dispute Resolution Centre will start operation from Tuesday, using mediation and arbitration for customers seeking claims of up ... by the government, the Securities and Futures Commission and the Hong Kong Monetary Authority for its first three years and by financial institutions thereafter. Barrister Sou Chiam is the centre ...

  10. Business - Economy

    China pushing ahead financial reform in Wenzhou

    Posted Nov 23rd 2012, 12:56pm by Reuters in Shanghai

    ... Reuters in Shanghai A Chinese province is pushing ahead a closely-watched financial reform pilot project aimed at formalising private lending to reduce financial risks, official media ... financial institutions, such as securities firms and funds, to establish branches there to help local businesses get financing through formal channels. In addition, authorities will also start ...




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