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

    Law needed to regulate funding of political parties

    Posted Aug 05th 2014, 04:29am by SCMP Editorial

    ... SCMP Editorial Regulate funding of political parties The controversy surrounding donations made to lawmakers is still raging as more evidence continues to surface. Labour Party legislator ... cover individuals rather than parties. Unless tighter regulation is introduced, parties from across the political spectrum can continue to dodge disclosure of their sources of funding. The lack ...

    http://www.scmp.com/comment/insight-opinion/article/1566564/law-needed-regulate-funding-political-parties
  2. Business - Companies - COMPANIES

    Former Ultrasonic chief denies theft allegations

    Posted Sep 23rd 2014, 05:18am by Toh Han Shih

    ... claims by its ousted chief executive Wu Qingyong that he did not run away with the company's money and intends to return the funds. Over the weekend, Wu Qingyong claimed he planned to return to the shoe manufacturer and give back the funds he and former Ultrasonic chief operating officer Wu Minghong were alleged to have absconded with, in phone conversations with chief financial officer ...

    http://www.scmp.com/business/companies/article/1598362/former-ultrasonic-chief-denies-theft-allegations
  3. Business - Companies

    ADB, 2 private-sector firms start US$400m climate-linked investment fund

    Posted Aug 05th 2014, 10:15am by Toh Han Shih

    ... Climate Partners (ACP), which they will fund initially with US$400 million. Orix is a Japanese financial services firm listed in Tokyo and New York. It is also the majority shareholder of Robeco, ...

    http://www.scmp.com/business/companies/article/1566786/adb-2-private-sector-firms-start-us400m-climate-linked-investment
  4. Business - Money

    Singapore wealth fund GIC warns of bleak prospects

    Posted Aug 04th 2014, 03:40am by AFP

    ... Agence France-Presse in Singapore State fund GIC warns of bleak prospects Singapore sovereign wealth fund GIC, which manages more than US$100 billion of the city state's foreign ... for global investors, including GIC," the fund said. GIC said its assets earned a 4.1 per cent annualised real rate of return over the past 20 years in the year to March, almost the same ...

    http://www.scmp.com/business/money/markets-investing/article/1565717/singapore-wealth-fund-gic-warns-bleak-prospects
  5. News - Hong Kong - CULTURE

    Hong Kong arts festival seeks more funding for future growth

    Posted Aug 03rd 2014, 05:49am by Vivienne Chow

    ... more Arts Festival seeks more funding Hong Kong will host its largest contingent yet from Russia's Bolshoi opera and ballet and a string of artistic big names in next year's arts festival, but organisers hope to do more- if the government will increase funding. Tisa Ho, the Hong Kong Arts Festival's executive director, said the festival society was in discussion ...

    http://www.scmp.com/news/hong-kong/article/1565204/hong-kong-arts-festival-seeks-more-funding-future-growth
  6. Business - Money - LISTINGS

    Small US ETFs poised for Alibaba IPO bonanza

    Posted Sep 18th 2014, 10:14am by Reuters

    ... Reuters in Chicago For a handful of US exchange traded funds, Alibaba’s initial public offering has the potential to be a bonanza: they can make the Chinese e-commerce company available ... after Alibaba begins trading on Friday on the New York Stock Exchange. These ETFs include two funds from boutique asset manager Kraneshares, a specialist in Chinese stocks, and two from ETFs ...

    http://www.scmp.com/business/money/markets-investing/article/1595263/small-us-etfs-poised-alibaba-ipo-bonanza
  7. News - Asia - THAILAND

    Funds raised for abandoned Down's Syndrome baby

    Posted Aug 02nd 2014, 01:47am by AFP

    ... Agence France-Presse in Bangkok Funds raised for abandoned Down's Syndrome baby Well-wishers have raised nearly US$100,000 for a baby reportedly left with his surrogate Thai mother after his Australian parents discovered he had Down's Syndrome and returned home with his healthy twin sister. Pattaramon Chanbua from Chonburi province, southeast of Bangkok, agreed via ...

    http://www.scmp.com/news/asia/article/1564642/funds-raised-abandoned-downs-syndrome-baby
  8. Business - Money - THE VIEW

    Fund managers need some iPhone inspiration

    Posted Jul 31st 2014, 10:39am by RICHARD HARRIS

    ... management, with three major competitors- HSBC, Jardine Fleming (which I worked for) and Schroders. A professional local pension fund industry developed from this base (which was sadly not the basis of the design of the Mandatory Provident Fund), with Asian mutual funds emerging around 1970 and money management for wealthy individuals during the '80s. The industry will fight its final battle ...

    http://www.scmp.com/business/money/markets-investing/article/1563262/fund-managers-need-some-iphone-inspiration
  9. News - Hong Kong - GOVERNMENT SPENDING

    Every penny of HK$3 trillion Exchange Fund needed for ‘crises’, says HKMA chief

    Posted Jul 28th 2014, 04:31pm by Enoch Yiu

    ... Chan says every penny of HK$3tr Exchange Fund needed for ‘crises’ The head of Hong Kong’s de facto central bank has rejected calls from some lawmakers to use part of the city’s HK$3 trillion Exchange Fund to pay for infrastructure projects or social welfare. Norman Chan Tak-lam, the chief executive of the Monetary Authority, said the fund needs every penny to cope with unexpected ...

    http://www.scmp.com/news/hong-kong/article/1561160/hkmas-norman-chan-says-every-penny-hk3tr-exchange-fund-needed-crises
  10. Business - Money

    Small fund manager from Taiwan beats Wall Street giants

    Posted Feb 12th 2014, 03:51pm by Reuters in New York

    ... Street. David Y.S. Chiueh, the manager of the tiny US$10.5 million Upright Growth Fund, was the only large-cap growth manager among the 1,781 tracked by Morningstar to post a positive return for this year up to February 5. Though his 1.1 per cent gain was not large in itself, Chiueh’s fund outperformed the average of his category by nearly 5 percentage points and outshone the popular ...

    http://www.scmp.com/business/money/markets-investing/article/1426539/small-fund-manager-taiwan-beats-wall-street-giants

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