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  1. 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,' ...

    http://www.scmp.com/article/683821/xiamen-seeks-approval-set-sole-currency-settlement-centre
  2. Rackspace data centre expansion plans to heat up busy sector

    Posted Dec 20th 2010, 12:00am by Staff Reporter

    ... declined to provide financial details, but noted that the company has invested more than US$20 million since September 2008 in the city, where its existing data centre serves more than 350 ... Bien Perez The build-out of data centre facilities in Hong Kong is poised to heat up next year, as United States-based Rackspace Hosting expands its local operations with dedicated ...

    http://www.scmp.com/article/733888/rackspace-data-centre-expansion-plans-heat-busy-sector
  3. Financial turmoil takes gloss off art and jewellery auctions

    Posted Oct 08th 2008, 12:00am by Celine Sun, Vivienne Chow

    ... A number of famed art works and big-ticket jewellery items went unsold at two highly anticipated auctions yesterday as the global financial crisis hit the art and gems markets. Andy ... and Exhibition Centre. The two best-sellers - Still Life with Stretcher, Mirror, Bowl of Fruit by Roy Lichtenstein and Untitled XVI by Willem de Kooning - went to an American telephone bidder for HK$62 ...

    http://www.scmp.com/article/655439/financial-turmoil-takes-gloss-art-and-jewellery-auctions
  4. Financial firms change leasing plans as business outlook dims

    Posted Sep 24th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu The global financial crisis is striking up a game of musical chairs in Hong Kong's office leasing market, with several financial institutions rearranging their leasing ... International Finance Centre in the next few months, had leased about 100,000 square feet or five floors at One IFC earlier this year with an option to take up a further 70,000 sq ft. But agents said ...

    http://www.scmp.com/article/653730/financial-firms-change-leasing-plans-business-outlook-dims
  5. The Link defends rent rises as more than 100 shopping centre tenants protest

    Posted Jul 30th 2009, 12:00am by Celine Sun

    ... Kong, we have to be financially successful first... then we can invest in assets, improve shopping centres and gradually improve the economy of the community.' The Link pledges ... Celine Sun The Link Management defended its policy on rent rises yesterday as more than 100 tenants in its shopping centres protested at charges they said were driving them out ...

    http://www.scmp.com/article/688321/link-defends-rent-rises-more-100-shopping-centre-tenants-protest
  6. Search for lessons from financial crash

    Posted Oct 20th 2008, 12:00am by Staff Reporter

    ... But with the deepening US-led financial meltdown triggered by the overexpansion of credit, there are serious doubts about whether continuing to follow the American consumerist style is wise. Such reflection ... of low interest rates in the US but sown the seeds of the financial crisis. Depending on their US dollar asset holdings, countries around the world including China have been dragged ...

    http://www.scmp.com/article/656962/search-lessons-financial-crash
  7. Swiss insurance group outsources data centre to IBM

    Posted Jan 27th 2004, 12:00am by Staff Reporter

    ... Bien Perez Swiss insurance group Winterthur Life has put a fresh spin on its expansion plans in Hong Kong by outsourcing its data centre operations to IBM. The five-year contract ... 'We examined the possibility of building a new data centre, but outsourcing offered a better way to align our IT plans with our new business model,' said Jonathan Bradbury, chief ...

    http://www.scmp.com/article/442322/swiss-insurance-group-outsources-data-centre-ibm
  8. Swiss insurance group outsources data centre to IBM

    Posted Jan 26th 2004, 12:00am by Staff Reporter

    ... BIEN PEREZ Swiss insurance group Winterthur Life has put a fresh spin on its expansion plans in Hong Kong by outsourcing its data centre operations to IBM. The five-year contract ... 'We examined the possibility of building a new data centre, but outsourcing offered a better way to align our IT plans with our new business model,' said Jonathan Bradbury, chief ...

    http://www.scmp.com/article/442284/swiss-insurance-group-outsources-data-centre-ibm
  9. Business - Banking & Finance - TAKEOVERS

    Fubon Financial to buy majority control of First Sino Bank

    Posted Dec 28th 2012, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Deal valued at over US$1b largest acquisition of a mainland business by a Taiwanese investor Fubon Financial takes First Sino stake Fubon Financial Holding, the second-largest publicly traded financial group in Taiwan, will buy majority control of First Sino Bank, in what is the largest acquisition of a mainland business by a Taiwanese ...

    http://www.scmp.com/business/banking-finance/article/1113880/fubon-financial-buy-majority-control-first-sino-bank
  10. Business - Companies - BROKERAGES

    Acquisition talk sparks rally in CASH Financial and associate Net2Gather

    Posted Sep 20th 2012, 12:00am by Jeanny Yu

    ... Jeanny Yu Jeanny.yu@scmp.com Associate firm also gains after a potential investor is said to be interested in broker Acquisition talk sparks rally in CASH Financial Shares in CASH Financial Services Group, a Hong Kong-based brokerage firm, and its associate Net2Gather (China) Holdings surged yesterday on speculation that a potential investor is interested in acquiring ...

    http://www.scmp.com/business/companies/article/1041049/acquisition-talk-sparks-rally-cash-financial-and-associate

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