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  • August 29, 2014
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  1. Islamic finance loopholes big enough for a herd of camels

    Posted Jun 11th 2008, 12:00am by Jake Van Der Kamp

    ... 'Shanghai is well positioned to assume its place among the top three cities in the world within the next 15 to 20 years'.' SCMP, June 10 You may already have heard of the MasterCard index ...

  2. Two cities and other tales of how financial centres flourish or fail

    Posted Jul 27th 2010, 12:00am by Jake Van Der Kamp

    ... than one to any nation state and most nations cannot have them. In fact, the natural state of affairs is for every city to be a financial centre. Know your customer is as good a rule in finance ... The reason that not every city is a financial centre is that so few countries have traditionally offered the necessary freedoms. More do these days but London, New York and Hong Kong are now ...

  3. Property tax scheme to cover more cities

    Posted Dec 08th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com China's central government will finalise plans to roll out new property taxes in other cities after evaluating the impact of a pilot programme ... China has restrictions that limit the number of flats that can be purchased in 46 cities including Beijing, Shanghai and Guangzhou. According to the China Real Estate Index System, home prices ...

  4. Manufacturing shrinks, with PMI at 7-month low

    Posted Jun 22nd 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com The country's manufacturing activity further deteriorated this month, prompting analysts to believe the government will launch stimulatory measures, such as fast-tracking investment projects. The HSBC Flash China Man ...

  5. Events

    Posted Nov 03rd 2011, 12:00am

    ... Today: American Chamber of Commerce breakfast: 'FCPA insights from the Justice Department'. Bank of America Tower. American Chamber of Commerce lunch: 'China's 12th Five-Year Plan'. Bank of America Tower. Hong Kong Retirement Sche ...

  6. Mainland to limit cities in stocks scheme

    Posted Sep 17th 2007, 12:00am by Staff Reporter

    ... in strictly designated cities, as the central government moves against risks of a huge capital outflow from its new relaxed policy, sources said. Regulators continued to pore over the fine print pending implementation 'over and over again', one source said, adding they were certain to pick several cities including Beijing, Tianjin, Shanghai, Shenzhen and Guangzhou where citizens ...

  7. City Briefs

    Posted Mar 01st 2006, 12:00am by Staff Reporter

    ... to tackle increasingly complex cases, some involving listed companies. It will have 11 members, but the commissioner of the Independent Commission Against Corruption, Raymond Wong Hung-chiu, has ...

  8. Lai See

    Posted Apr 06th 2012, 12:00am

    ... the government website yesterday. 'The Hong Kong public detests graft, believing a clean society is crucial to the city's overall development, an Independent Commission Against Corruption ... the city graft-free is crucial to its overall development.' And just in case we still aren't convinced the ICAC is good, it adds this for good measure: 'The survey also found ...

  9. 'Free and independent' advice is often tainted

    Posted Oct 11th 2009, 12:00am by Stephen Vines

    ... Stephen Vines Hong Kong's small army of so-called independent financial advisers must be hoping the special administrative region will not follow Britain's Financial Services ... independent financial advice is tainted by conflicts of interest. As matters stand, almost all Hong Kong advisers claim to be a providing a 'free' service. But in practice they earn hefty ...

  10. News - China - FINANCE

    Savers boosting bitcoin demand in China, exchange says

    Posted Nov 15th 2013, 05:26pm by Agence France-Presse in Singapore

    ... Agence France-Presse in Singapore Bitcoins, the unofficial online currency units created as an investment instrument independant of banks, are booming on the mainland A co-founder ... created in 2009 in the aftermath of the global financial crisis by an anonymous programmer who wanted a currency independent of any central bank or financial institution. The price of a bitcoin ...




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