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  • October 22, 2014
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Results 1 - 10 of 1224 for financial industry

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  1. Property - International - SOUTH KOREA

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

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

    ... discretionary spending. Korea's financial industry was weakening and the sector's contribution to the overall economy has fallen, Finance Minister Choi Kyung-hwan said at a meeting ... 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 ...

    http://www.scmp.com/property/international/article/1604725/south-koreas-yeouido-financial-hub-sees-office-vacancies-rise
  2. Business - Economy - REGULATION

    Industry plea for tax easing may boost China property market

    Posted Oct 20th 2014, 11:29am by Sandy Li

    ... Sandy Li sandy.li@scmp.com China’s property sector may yet be boosted by another policy easing if officials agree to an industry plea for a modification of a property tax applied at the height of the boom. Home owners must now pay a 5 per cent levy, known as a business tax, if they sell a home within five years of signing the sales contract. A group described as industry ...

    http://www.scmp.com/business/economy/article/1620478/industry-plea-tax-easing-may-boost-china-property-market
  3. Property - Hong Kong & China

    Chinese developer's zero-interest loans highlights industry risks

    Posted Jul 19th 2014, 01:59am by Reuters

    ... a practice reminiscent of the US housing boom that precipitated the global financial crisis. The easy credit shows the gamble Chinese developers are willing to take to keep sales on track, but also highlights the risk of a broader industry correction if buyers default. Such defaults have been rare in China, where household debt is low by Western standards and banks have traditionally required ...

    http://www.scmp.com/property/hong-kong-china/article/1556561/chinese-developers-zero-interest-loans-highlights-industry
  4. Property - Hong Kong & China - LAND SALES

    Hong Kong industrial plot for sale as manufacturers show interest to move back

    Posted Sep 30th 2014, 09:44am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Government offers plot for sale after manufacturers express interest in moving back to the city First industrial site on the block in 14 years The government has released the first industrial site for sale in 14 years as manufacturers have shown interest in moving back to the city to beat rising costs on the mainland. The 13,616 sqft industrial site in Kwai ...

    http://www.scmp.com/property/hong-kong-china/article/1603879/hong-kong-industrial-plot-sale-manufacturers-show-interest
  5. Property - International - CONCRETE ANALYSIS

    Chinese investment push abroad to gain from simplified approvals

    Posted Oct 21st 2014, 06:16pm by Rico Chan, Bee Chun Boo

    ... by the ministry is now only required when the outbound investment is in a "sensitive" country or industry. This streamlining is in line with a regulation issued earlier this year by the National ... "Sensitive" industries are defined as those subject to China's export control regime and where the investment affects more than one foreign country's interests. Acquisition of a real estate ...

    http://www.scmp.com/property/international/article/1621350/chinese-investment-push-abroad-gain-simplified-approvals
  6. Property - Hong Kong & China - C-SUITE

    Champion Reit’s Adrian Lee sets income growth as top priority

    Posted Oct 21st 2014, 02:29pm by Yvonne Liu

    ... Champion Real Estate Investment Trust. Lee, 63, joined Great Eagle Holdings in 1994 as an assistant director after spending more than 20 years in the banking industry. He had returned from Canada, ... It was 12 per cent in June. But the proposed Shanghai-Hong Kong Stock Connect scheme has encouraged more mainland financial institutions and related companies to set up offices in Hong Kong. It has ...

    http://www.scmp.com/property/hong-kong-china/article/1621227/champion-reits-adrian-lee-sets-income-growth-top-priority
  7. Property - Hong Kong & China - DEVELOPMENT

    Kowloon East CBD plan follows in footsteps of Singapore’s Marina Bay

    Posted Oct 14th 2014, 10:55am by Peggy Sito

    ... into a new business district, following in the footsteps of Singapore's successful transformation of Marina Bay into an iconic financial landmark. "Hong Kong has similar aspirations and its ... the former Kai Tak airport, Kwun Tong and Kowloon Bay- covers 488 hectares. The government aims to turn the industrial area into a business district with grade A offices, an international cruise ...

    http://www.scmp.com/property/hong-kong-china/article/1615727/kowloon-east-cbd-plan-follows-footsteps-singapores-marina
  8. Business - Money - PROPERTY

    Chinese developers' Hong Kong back-door listing units fall out of favour

    Posted Oct 20th 2014, 04:56am by Peggy Sito

    ... "Back-door listing is their Plan B to set up a financial platform in preparation for future fundraising," said Bocom International analyst Alfred Lau. "Plan A is floating itself on the Hong ... Development bought Tonic Industries, now known as China Merchants Land. In the same year, China Vanke bought a 74 per cent stake in Winsor Properties, now renamed as Vanke Property (Overseas). ...

    http://www.scmp.com/business/money/markets-investing/article/1620092/chinese-developers-hong-kong-back-door-listing
  9. Property - International - UNITED STATES

    Falling US mortgage rates spark rush to refinance

    Posted Oct 22nd 2014, 05:16am by Bloomberg

    ... drove the industry's growth, according to an estimate by the Mortgage Bankers Association. Banks' lending remains far below last year's levels as they struggle to increase ... a lift to the financial sector," he said. "Given that this is a seasonally slow period for housing and the mortgage business, it's well-timed." Shultz has been so busy ...

    http://www.scmp.com/property/international/article/1621437/falling-us-mortgage-rates-spark-rush-refinance
  10. Property - Hong Kong & China - PRICES

    Beijing posts first rise in used home prices for 2014

    Posted Oct 14th 2014, 04:59pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Second-hand home values end losing streak in the capital while those in the financial hub fall for the third month but at a much slower pace Markets ... that for the financial hub of Shanghai remained unchanged at 141. In year-on-year terms, prices dropped 2 per cent in Beijing but were up 6.4 per cent in Shanghai. Most of the more than 40 cities that have ...

    http://www.scmp.com/property/hong-kong-china/article/1616252/beijing-posts-first-rise-used-home-prices-2014

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