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  • November 22, 2014
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Results 1 - 10 of 20 for financial industry

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  1. Business - Banking & Finance

    HSBC Swiss unit accused of fraud and laundering

    Posted Nov 18th 2014, 05:23am by AFP

    ... worth hundreds of millions of euros, mainly for diamond dealers in the industry's international hub of Antwerp. Swiss subsidiary HSBC Private Bank (Suisse), which is wholly owned ... currency exchange rigging, interest rate rigging and product mis-selling that have damaged the reputation of major banks. Banking practices also had helped spark the 2008 global financial crisis ...

    http://www.scmp.com/business/banking-finance/article/1642560/hsbc-swiss-unit-accused-fraud-and-laundering
  2. Business - Companies - MERGERS

    Mega M&A deals point to resurgent corporate optimism

    Posted Nov 21st 2014, 07:21am by AFP

    ... Agence France-Presse in New York Companies rushing to get back on M&A gravy train Mega-merger fever is back on Wall Street, six years after the financial crisis, with this year shaping ... correlation exists between growth and valuation multiples," he said. Deals have been largest in sectors where the entire industrial landscape is shifting fast. In technology, cash-laden ...

    http://www.scmp.com/business/companies/article/1644926/mega-ma-deals-point-resurgent-corporate-optimism
  3. Business - Commodities - GOLD

    Swiss 'gold vote' worries markets

    Posted Nov 20th 2014, 07:13am by AFP

    ... As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a "Yes" vote could wreak havoc in financial ... Party whose members are divided on the issue. Industry organisations have also warned that the move would tie the central bank's hands and damage its credibility. Analyst Nannette ...

    http://www.scmp.com/business/commodities/article/1644119/swiss-gold-vote-worries-markets
  4. News - World - FINANCIAL CRISIS

    Bold calls under Barack Obama 'eased financial crisis'

    Posted Sep 17th 2013, 12:00am by AFP

    ... Agence France-Presse in Washington White House marks fifth anniversary of global financial meltdown with a spirited defence of measures by the current administration Bold calls under Obama 'eased crisis' The White House marked the fifth anniversary of the global financial crisis with a new bid to claim credit for "bold" emergency economic rescue measures it said ...

    http://www.scmp.com/news/world/article/1311097/bold-calls-under-barack-obama-eased-financial-crisis
  5. Business - Economy - REMUNERATION

    Europe's executives get inflation-busting pay rises

    Posted Oct 29th 2013, 11:05am by AFP

    ... incentive [LTI] plans while also increasing the value of such plans,” it said. Following the global financial crisis, the banking sector and other industries have come under pressure from ... roles was about 1.5 million euros. The annual study looked at data from more than 1,500 senior-level executives in 21 countries working for 332 of the Financial Times Europe 500 listed ...

    http://www.scmp.com/business/economy/article/1342516/europes-executives-get-inflation-busting-pay-rises
  6. News - China - DIPLOMACY

    Let’s make a deal: Li Keqiang seals HK$183b trade pact on visit to Britain

    Posted Jun 18th 2014, 10:19pm by AFP, GDN

    ... economic basket case a few decades ago, to an envied position of exporting advanced technology to the cradle of the Industrial Revolution. London is the... international financial market ... as well as to help provide access to cash for Chinese companies. Exchange chairman Chris Smith said: "London is the world's most international financial market and a natural partner ...

    http://www.scmp.com/news/china/article/1535742/lets-make-deal-hk183b-trade-announced-during-li-keqiangs-visit-britain
  7. Business - Companies - JEWELLERY

    Diamond demand to rise 4.5pc this year, De Beers says

    Posted Jun 12th 2014, 02:32pm by AFP

    ... industry isn’t doing too badly,” chief executive Philippe Mellier said. “Demand continues to grow. “The largest global market for diamond jewellery is the United States, and everyone knows ... in jewellery, and it works very well”. He hailed new Indian Prime Minister Narendra Modi as a “fervent defender of an industry which he knows well, the diamond industry”, having been governor of Gujarat ...

    http://www.scmp.com/business/companies/article/1530668/diamond-demand-rise-45pc-year-de-beers-says
  8. News - Asia - INDIA

    Narendra Modi boosts Indian defence spending by 12pc in first budget

    Posted Jul 10th 2014, 11:17pm by AFP

    ... Agencies in New Delhi India's government raises defence spending by 12pc and targets more foreign investment for weapons industry in bid to close gap on China Military boosted ... will further open the domestic weapons industry to foreign investment to help rebuild the military and narrow the gap with China. Finance Minister Arun Jaitley also laid out ambitious deficit-cutting ...

    http://www.scmp.com/news/asia/article/1551374/narendra-modi-boosts-indian-defence-spending-12pc-first-budget
  9. News - China - CINEMA

    US$450m Warner Brothers movie-making deal eyes China

    Posted Oct 03rd 2013, 12:00am by AFP

    ... through Rat-Pac Dune, whose third partner is Dune Entertainment boss Steven Mnuchin. "There is a globalisation play here," Packer told the Australian Financial Review on Tuesday. ... "This is certainly not the dumbest thing I've ever done. Whether it works perfectly is another question," he told the Australian Financial Review, speaking about his new direction. ...

    http://www.scmp.com/news/china/article/1323119/us450-million-warner-brothers-movie-making-deal-eyes-china
  10. News - World - SOUTH AFRICA

    Babies' deaths underscore South African water supply problems

    Posted Jul 20th 2014, 06:35am by AFP

    ... municipality we are also facing financial difficulties," town council spokesman Oatile Letebele acknowledged. "It's a problem that we are grappling with." An investigation ... wells with livestock. According to the Council for Scientific and Industrial Research, South Africa has an annual average rainfall of 450 millimetres (18 inches), about half the global average. ...

    http://www.scmp.com/news/world/article/1556640/babies-deaths-underscore-south-african-water-supply-problems

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