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  • August 23, 2014
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  1. Comment - Insight & Opinion

    Aviation industry must tackle failings exposed by plane disasters

    Posted Jul 26th 2014, 05:01am by SCMP Editorial

    ... SCMP Editorial Plane disasters expose failings Barely a week ago, the air industry believed it was closing in on the holy grail of zero annual fatal commercial passenger jet accidents. That thought has been turned on its head with 452 people being killed in three incidents, the shooting down of Malaysia Airlines flight MH17 most prominent. Storms played a part in the other two, ...

  2. News - China - YANGTZE BRIEFING

    Building a future to fend off tide of red print ink

    Posted Aug 16th 2014, 02:30am by Daniel Ren

    ... the creation of the group last year from the merged operations of the Jiefang Daily Group and Wenhui-Xinmin United Press Group. The idea was to strengthen the industry's financial muscle ... Daniel Ren Shanghai's print propaganda arm is looking to its property and financial assets to secure its survival as income from advertising plummets Building a future to fend off ...

  3. Business - Companies

    Cybercrime hits financial firms hardest, says survey

    Posted Mar 05th 2014, 01:38am by Reuters

    ... reported by financial firms, more than double the level across other industries, as criminals turn increasingly to technology as their main weapon against banks, a survey showed. About 39 per cent of financial services companies that suffered from economic crime last year said they had been hit by cybercrime, compared to 17 per cent in other industries, according to the survey by consultancy ...

  4. Lifestyle - Technology

    Word of mouth: Language-recognition software takes off

    Posted Aug 22nd 2014, 01:32am by Jamie Carter

    ... in the financial sector, alerts compliance teams to possibly fraudulent conversations on trading floors. Fonetic knows 79 languages and has a financial industry-specific lexicon that's taken five ... sharing of an event, activity or even a document." It could also make a big difference to any industry that charges by the hour or by tasks completed, although anything written using Dragon ...

  5. Education is key to capturing insurance market share

    Posted Aug 18th 2014, 04:34pm by Reports by Krystin Chu and Khay Inn Poh

    ... of the largest European financial institutions. It has also been working with Meiji Yasuda, one of the market leaders in the Japanese life insurance industry. Avrist's local expertise, combined ... stringently practises honesty, patience and integrity. "Insurance is a long-term business. You cannot get your returns in just 10 years. We have been in the industry for more than 39 years ...

  6. News - Hong Kong - ECONOMY

    Hong Kong Monetary Authority chief Norman Chan adds to gloom on economy

    Posted Aug 11th 2014, 11:28pm by Patsy Moy

    ... chief Norman Chan Tak-lam warned that the city's financial system could come under pressure when the United States raises its interest rates- a day after Financial Secretary John Tsang ... of the city's Chamber of Food and Beverage Industry, was also worried about the impact of Ebola on the catering industry. "Hundreds of restaurants were forced to close down during Sars. ...

  7. News - Hong Kong - CRIME

    Jackie Chan's son Jaycee faces being 'detained for six months'

    Posted Aug 20th 2014, 04:14am by Wu Nan and Vivienne Chow

    ... mainland lawyers say, but the damage to their reputations and their futures in the entertainment industry could be serious. Beijing police confirmed on Monday that they recovered more than 100 ... administrative detention. "Based on the police charge, Chan may likely be detained for six months without financial penalty," said Peng Jian, a lawyer and director of Beijing Huahuan Law Firm. ...

  8. Business - Economy

    Central cabinet outlines measures to ease SME financing costs

    Posted Aug 15th 2014, 01:09am by Victoria Ruan

    ... for banks to issue financial debts targeting small and rural companies. Companies that belong to industries with excessive capacity but are run profitably will receive differentiated treatment, ... to seasonal factors, but also reflected sluggish industrial demand and banks' caution on rising bad loans, analysts said. "More policy easing is unavoidable and lowering the financing cost ...

  9. Business - Banking & Finance - THE VIEW

    Too big to regulate?

    Posted Aug 11th 2014, 03:56am by Peter Guy

    ... regulation. Through a historical twist of fate, it has been quite possibly the financial industry's most effective regulatory arbitrageur, gaining protection- with limited accountability- from ... chairman Douglas Flint made a striking admission last week- that his institution, one of the world's largest banks, is being strangled by new financial service regulation targets. An uncertain ...

  10. Business - Comment - MONEY MATTERS

    Cutting salaries of SOEs' big bosses a mere populist move

    Posted Aug 23rd 2014, 01:03am by Shirley Yam

    ... the 2 million yuan pay for Jiang Jianqing, chairman of Industrial and Commerce Bank of China. Not much by international standards but quite generous when you consider the fact that he also enjoys ... China already has a detailed formula to regulate bankers' salary. It was introduced after the 2008 financial crisis to prevent mainland bankers from following their international peers ...




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