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  1. News - Hong Kong - HERITAGE

    'New trust can't serve as funding dodge'

    Posted Jul 28th 2014, 05:56am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com 'New trust can't serve as funding dodge' An Antiquities Advisory Board member in charge of the city's semi-official heritage trust has warned the government against washing its hands of its conservation responsibilities by setting up a trust to fund the renovation of private historic buildings. Professor Ho Puay-peng, ...

    http://www.scmp.com/news/hong-kong/article/1560658/new-trust-cant-serve-funding-dodge
  2. Business - Comment - JAKE'S VIEW JAKE VAN DER KAMP

    Let spoiled airlines fund Hong Kong's third runway, not the public purse

    Posted Jul 22nd 2014, 12:01am by Jake Van Der Kamp

    ... Jake van der Kamp Let spoiled airlines fund third runway, not the public purse An association representing 2,500 pilots in Hong Kong has voiced support for a third airport runway, saying air traffic congestion during peak hours is already forcing planes to wait 15 minutes or more to take off. SCMP, July 21 This third runway crowd is certainly getting mighty casual with our ...

    http://www.scmp.com/business/article/1557115/let-spoiled-airlines-fund-hong-kongs-third-runway-not-public-purse
  3. Comment - Letters

    Mega Events Fund helps city deal with fierce competition

    Posted Jul 21st 2014, 03:59am by LETTERS

    ... Mega Events Fund helps city deal with fierce competition I refer to your editorial (" Mega Events Fund must go ", July 14). The government attaches great importance to the proper use of public money including the Mega Events Fund (MEF). Since the MEF's inception, we have been monitoring and evaluating all events closely. A system with consistent standards ...

    http://www.scmp.com/comment/letters/article/1556745/mega-events-fund-helps-city-deal-fierce-competition
  4. Property - International - REGULATION

    Curbs on funds transfer could hurt Chinese investment in overseas property

    Posted Jul 22nd 2014, 11:48am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Property consultants split over effect of government move to tighten remittances in wake of alleged forex breaches by BOC Curbs on funds expected to hurt ... mainland buyers would have difficulty funding their purchases if BOC decided to terminate the remittance service. "In our experience, most mainland clients have already lined up capital ...

    http://www.scmp.com/property/international/article/1556120/curbs-funds-transfer-could-hurt-chinese-investment-abroad
  5. News - Asia - PHILIPPINES

    Benigno Aquino faces impeachment action over economic stimulus fund

    Posted Jul 21st 2014, 10:49pm by Raissa Robles

    ... Raissa Robles in Manila Aquino faces impeachment threat over funds Political opponents of Philippine President Benigno Aquino have filed an impeachment complaint against him, alleging his ... or approve funding requests from the legislative branch and the Commission of Audit, a constitutionally independent body. However, Aquino filed an appeal on Friday. He said he was empowered to set up ...

    http://www.scmp.com/news/asia/article/1557065/benigno-aquino-faces-impeachment-action-over-economic-stimulus-fund
  6. Business - Commodities

    Gold gains set to reverse as hedge funds cut bets on rally

    Posted Jul 22nd 2014, 12:29am by BLOOM

    ... to reverse as bets cut Hedge funds cut bets on a gold rally for the first time in six weeks as prices snapped the longest stretch of gains since August 2011. Money managers trimmed their net-long ... million to exchange-traded funds that track commodities, including a US$187.6 million gain to those backed by precious metals, in the five days to July 17. Gold futures fell 0.6 per cent a day ...

    http://www.scmp.com/business/commodities/article/1557078/gold-gains-set-reverse-hedge-funds-cut-bets-rally
  7. Business - Money - EQUITIES

    US stock funds enjoy heavy inflows

    Posted Jul 21st 2014, 03:18am by Reuters

    ... Reuters in New York Bumper corporate earnings and merger news lead to investors pouring money into the sector, with monetary stimulus also set to continue U.S. stock funds enjoy heavy inflows Investors worldwide poured US$6.2 billion into stock funds in the week ended July 16, encouraged by strong corporate earnings and big potential merger deals in the United States, data from ...

    http://www.scmp.com/business/money/markets-investing/article/1556899/us-stock-funds-enjoy-heavy-inflows
  8. Comment - Insight & Opinion - LEADER

    Mega Events Fund must be axed

    Posted Jul 14th 2014, 03:24am by SCMP Editorial

    ... SCMP Editorial Mega Events Fund must go Prudent spending is the hallmark of public governance. Unfortunately, those vested with the power to spend do not always make it the guiding principle. A case in point is the government's Mega Events Fund, which hopes to raise the city's international profile by sponsoring splashy community events. It does not take another ...

    http://www.scmp.com/comment/insight-opinion/article/1553579/mega-events-fund-must-be-axed
  9. News - China - POLLUTION

    Hong Kong-funded pollution reports on Guangdong kept from public

    Posted Jul 14th 2014, 04:25am by CHEUNG CHI-FAI, Mimi Lau

    ... Cheung Chi-fai and Mimi Lau in Guangzhou Province blocks full disclosure of Hong Kong-funded pollution surveys Guangdong smog studies a secret Two Hong Kong-funded air pollution studies in the Pearl River Delta region have not been fully disclosed to the public because Guangdong authorities object to releasing "confidential information" in them, the Hong Kong government has ...

    http://www.scmp.com/news/china/article/1553625/hong-kong-funded-pollution-reports-guangdong-kept-public
  10. Business - Economy

    BRICS eye political capital with US$150b deal on new reserve fund and bank

    Posted Jul 15th 2014, 01:31am by BLOOM

    ... with new reserve and bank The leaders of five of the world's largest emerging markets will showcase a new currency reserve fund and development bank this week. Critics say neither is enough to revive the group's waning clout. Brazil, Russia, India, China and South Africa, known as the BRICS, will approve the creation of the US$100 billion reserve fund and US$50 billion bank ...

    http://www.scmp.com/business/economy/article/1554337/brics-eye-political-capital-us150b-deal-new-reserve-fund-and-bank

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