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  • July 24, 2014
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  1. Borrowing trouble at our public libraries

    Posted Jul 06th 2009, 12:00am by Staff Reporter

    ... Public libraries are places of knowledge and learning. They cannot properly serve their purpose if books that are borrowed are not returned in a timely manner. One in 10 were not handed back on time in Hong Kong last year, and more than HK$21 million in f ...

  2. Judge backs S.F.C. over Tiger Asia

    Posted Feb 24th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com In a landmark ruling, a Hong Kong court yesterday backed the securities watchdog's efforts to make US-based hedge fund Tiger Asia Management cough up the profit it made from alleged insider trading. The Appeal Court confi ...

  3. Mainland brokers stage recovery

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

    ... Staff reporter The mainland's troubled brokerage industry staged an earnings recovery last month, helping income for the first nine months of the year to surge 36.73 per cent, according to official press reports. The country's biggest brokers, i ...

  4. Banks' Lehman buy-back could start as early as December

    Posted Oct 23rd 2008, 12:00am by Staff Reporter

    ... The association said Ernst & Young, the independent financial adviser, had completed the first phase of the project. 'It is expected that the first batch of the minibonds buy-back exercise can ... the financial services industry, told the legislature yesterday the collapse of Lehman Brothers was unexpected. He said he was very sorry that so many investors had been affected by minibonds, ...

  5. Innocent until proven guilty... or is it the other way around?

    Posted Apr 04th 2010, 12:00am by Jake Van Der Kamp

    ... as a crime. And, if so, then our securities regulators were under an obligation to report to the police immediately they found compelling evidence that a crime had been committed. Assuming they did so, we have a matter of the rule of law to consider. In Hong Kong we still take the view that anyone accused of a crime is innocent until and unless proven guilty. I don't believe Hontex ...

  6. News - Hong Kong - COURTS

    Economic data to be used in review of injury payouts

    Posted Sep 19th 2012, 12:00am by Austin Chiu

    ... Austin Chiu austin.chiu@scmp.com The changing financial landscape will figure in a legal challenge to discounted compensation Economic data to be used in review of injury payouts The High ... financial expert will each prepare a report on economic data between 1995 and now. The two will then produce a joint report to be filed with the court by October 22. Bharwaney said the report should ...

  7. Poor need greater financial protection from disasters

    Posted Dec 16th 2011, 12:00am

    ... good-quality infrastructure and emergency systems. Its death toll from such disasters would be much worse if that were not the case. In dollar terms, the financial cost is much higher than it would ...

  8. Questions remain in wake of Hontex

    Posted May 24th 2011, 12:00am

    ... public offerings are approved have not yet been fully addressed. The Fujian fabric maker's stock has entered financial history books as the shortest lived in Hong Kong, trading for only 64 ... a judge ruled that prosecutors could not provide sufficient evidence of a crime. A resumption of trading is impossible now since the SFC last week said the company had given materially false ...

  9. Financial Express helps advisers give solid advice

    Posted Oct 08th 2011, 12:00am

    ... John Cremer One direct consequence of the work of financial planning professionals is that, in the past few years, clients have become far better informed about investment choices and the steps needed to achieve long-term security. That, in turn, has spurred new levels of interest in understanding how specific financial products work and comparing, say, the returns from similar ...

  10. Monitor

    Posted Apr 02nd 2007, 12:00am by Jake Van Der Kamp

    ... fathom the thinking of people with an over-developed sense of moral righteousness but I am always surprised at how they see crime where I see only evidence that someone has used brains to take ... of financial rectitude. Let us make it clear in the first place that these 'culprits' who stood to make extra profit also stood to make extra loss. They did not take money. They only sought ...




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