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  • October 25, 2014
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  1. Business - Banking & Finance - FINANCE

    Britain’s financial services firms add staff on expectations of higher profits

    Posted Oct 06th 2014, 01:33pm by Reuters

    ... Reuters Companies are hiring again after years of post-crisis job cuts Growth is back on the agenda for Britain’s financial services companies, which have been posting rising profits and adding staff in recent months, an industry survey shows. Following the 2007-09 financial crisis, many of Britain’s banks and financial services firms were forced to trim costs and cut jobs ...

  2. Business - Economy - MANUFACTURING

    Korea factory output falls most since 2008 financial crisis

    Posted Sep 30th 2014, 11:21am by Reuters

    ... Reuters in Seoul Sharp fall in Korean factory output South Korea's factory output last month marked its worst fall since the 2008 global financial crisis, raising concerns about the pace of recovery in Asia's fourth-largest economy even though the government said temporary factors were to blame. The industrial output index dropped a seasonally adjusted 3.8 per cent ...

  3. Comment - Insight & Opinion

    Don't look to bankers to prevent the next global financial crisis

    Posted Sep 26th 2014, 12:20pm by Andrew Sheng

    ... of implementation of Basel III, the new rules established in the aftermath of the global financial crisis. What progress have we achieved? Can we prevent the next crisis? The first thing we must admit ... III, the whole context in which banks operate is being changed, not least by technology giants such as Apple and Alibaba. The global financial crisis affected banks badly and was partly blamed ...

  4. Business - Money - ASSET ALLOCATION

    For world’s wealthy, years after financial crisis cash is still king

    Posted Jun 18th 2014, 03:21pm by Reuters

    ... to entice them into investing. Private banks have had to repair trust following the financial crisis of 2008-09, which sent their wealthy clients scurrying for cover and taking on ever larger ... the financial crisis not just from a financial point of view but also from a geopolitical point of view has proven to be not that cosy and safe,” Georg Schubiger, the head of private banking at Swiss ...

  5. Business - Banking & Finance - THE VIEW

    China speeds up transformation of yuan into global currency after crisis

    Posted Oct 20th 2014, 09:26am by Cathy Holcombe

    ... came in the wake of the global financial crisis, as investors yanked capital from the comparatively innocent emerging markets and sent it straight to the very country that had started all ... bond market has doubled in size every year since 2008. More than 10,000 global financial institutions are doing business in mainland China's currency, up from 900 in 2011. Dozens ...

  6. Property - International - SOUTH KOREA

    South Korea's Yeouido financial hub sees office vacancies rise to record

    Posted Oct 01st 2014, 04:23am by Bloomberg

    ... Wall Street, hit a post-global financial crisis high of 11.6 per cent in the first quarter of 2010, according to Cushman & Wakefield. "New-building construction is lifting Seoul's ... Bloomberg in Seoul The level of empty offices in the Yeouido financial hub now double those of Seoul's central business district as brokerages cut staff Financial hub sees vacancy ...

  7. News - Hong Kong - FINANCE

    Hong Kong could face Greek-style financial crisis, warn government advisers

    Posted Mar 04th 2014, 12:33am by Olga Wong, Phila Siu, FANNY W.Y. FUNG

    ... and depletion of fiscal reserves by three years, the group warned. After the release of the report, Financial Secretary John Tsang Chun-wah said the city's finances were still sound but caution ...

  8. News - Hong Kong - OCCUPY CENTRAL

    Former US diplomats warn of Hong Kong ‘erosion’ over crisis in open letter to CY

    Posted Oct 04th 2014, 09:47pm

    ... of Hong Kong’s prosperity as a globally important economic and financial centre. Mr. Chief Executive, we respect your position as the leader of Hong Kong, responsible for effectively meshing ...

  9. News - World - CLIMATE CHANGE

    Wall Street sit-in sends message to global finance, seen as fuelling climate crisis

    Posted Sep 23rd 2014, 09:40pm by AP

    ... Associated Press in New York Activists bid to disrupt hub of global finance, which they blame for crisis Climate protesters' Wall St message A day after more than 100,000 people marched in New York to warn that climate change is destroying the earth, more than 1,000 activists blocked parts of Broadway in Manhattan's financial district in a sit-in to protest at what ...

  10. Business - Banking & Finance - LEGISLATION

    EU lawmakers reach accord on financial market rules

    Posted Jan 16th 2014, 02:36am by BLOOM

    ... a deal that overhauls the bloc's financial market rulebook in a bid to toughen requirements and remedy deficiencies laid bare in the 2008 financial crisis. The bill includes curbs ... they were presented by Michel Barnier, the EU's financial services chief. "These new rules will improve the way capital markets function to the benefit of the real economy," Barnier ...




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