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  • November 21, 2014
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Results 1 - 9 of 9 for foreign relations of the philippines

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  1. News - Hong Kong - FINANCE

    SFC launches legal action against Citic to demand compensation for investors

    Posted Sep 11th 2014, 11:17pm by Enoch Yiu

    ... foreign currency bets, drawing heavy criticism for poor corporate governance and risk control. The iron ore-to-property giant, China's largest conglomerate and its first overseas investment ... against the foreign exchange risks faced by its multibillion Australian dollar iron ore mining project. But analysts said the risk level of the contracts, known as "accumulators", ...

  2. Business - Banking & Finance - FINANCE

    Hong Kong Monetary Authority chief pledges support for US dollar peg

    Posted Jul 07th 2014, 11:27pm by Enoch Yiu

    ... central banker- came a week after the authority spent US$2.1 billion to defend the Hong Kong dollar by intervening in the foreign exchange market. Chan rejected calls to abolish the peg, which ... is still the most suitable regime for Hong Kong after thorough consideration of all the related factors and analyses," Chan wrote. "Looking ahead, the US dollar is likely to reverse its ...

  3. Business - Banking & Finance - FINANCE

    Beijing to back United States over new Fatca law against tax evasion

    Posted Jun 27th 2014, 11:50pm by Toh Han Shih

    ... The Foreign Account Tax Compliance Act (Fatca) is a US law that requires financial institutions around the world to provide information on US taxpayers to the US government. The Treasury Department ... Chinese officials." The US authorities will impose a 30 per cent withholding tax on US-related income going through financial institutions that do not comply with Fatca. Richard Weisman, ...

  4. Business - Money - FINANCE

    China's bulging forex reserve raises alarm of speculative fund influx

    Posted Jan 22nd 2014, 11:25am by Chris Oliver

    ... data. The issue involves a sharp rise in China’s foreign exchange reserves in recent quarters.  Quarterly data released last week that round out the second half of 2013 show China’s foreign exchange reserves rose by a massive US$323 billion for the six-month period. That compares to relatively modest growth of US$185 billion in the first half of 2013, and US$130 billion for 2012. ...

  5. Business - Banking & Finance - FINANCE

    Central bank eyes new agency for forex investment

    Posted Aug 07th 2013, 12:00am by George Chen

    ... to invest forex The People's Bank of China (PBOC) is working on a plan to establish a new government agency to invest its US$3.5 trillion of foreign exchange reserves abroad more efficiently. ... to the central bank. They said PBOC governor Zhou Xiaochuan has assigned a division head of the State Administration of Foreign Exchange (SAFE), the country's foreign exchange regulator, to lead ...

  6. News - World - FINANCE

    JPMorgan Chase reveals it paid more than 100 of its London staff HK$25.7m

    Posted Jan 02nd 2014, 09:44pm by GDN

    ... Morgan about its split between fixed and variable pay- £41 million compared with £222 million- illustrate the way bonuses are given relative to salaries. While pay experts expect absolute levels ... some people recently- senior members of the City from foreign organisations- who were very clearly still absolutely in denial about what happened in 2008." One outcome of the financial ...

  7. Business - Companies - FINANCE

    China joins central banks' call for Bloomberg answers

    Posted May 14th 2013, 11:24am by George Chen

    ... George Chen george.chen@scmp.com PBOC joins calls for answers about firm's use of confidential client data China raises Bloomberg concerns China's central bank and foreign ... to confidential data. Sources close to senior officials at the People's Bank of China and the State Administration of Foreign Exchange (SAFE) told the South China Morning Post that both institutions ...

  8. News - World - FINANCE

    Bloomberg blocks journalists from client data and admits to 'mistake' on privacy

    Posted May 12th 2013, 10:52am by George Chen

    ... claimed login information relating to Fed chief Ben Bernanke and former treasury secretary Tim Geithner had been accessed. Top-level regulators and researchers at the People's Bank of China and the State Administration of Foreign Exchange also use Bloomberg terminals, sources close to the regulators said. Goldman's reaction apparently came as a surprise to Bloomberg ...

  9. Business - Banking & Finance - FINANCE

    London and HK push for yuan role

    Posted Sep 15th 2012, 12:00am by Enoch Yiu

    ... trade settlement due to the city having a strong foreign exchange market and a solid trade relationship with China. Although Britain was hard hit by the global financial crisis, it still saw its ... carbon economy," he said. Over a third of Britain's economic growth last year came from green-related businesses, which already accounts for 8 per cent of gross domestic product. ...



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