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  1. News - Hong Kong - DEVELOPMENT

    Declaration of interest row after Lands Department official bought 13 plots

    Posted Aug 07th 2014, 04:25am by FANNY FUNG, Olga Wong

    ... official's property deal The Lands Department will review its declaration-of-interest procedures after it was revealed a senior official overseeing Yuen Long had bought 13 plots of land ... and planning director Ling Kar-kan is chairman, approved the application on July 25. Lam had declared her interests and was excused from the discussion during the meeting. But committee member David ...

    http://www.scmp.com/news/hong-kong/article/1567858/row-over-officials-property-deal
  2. News - Hong Kong - DEVELOPMENT

    Lands officials not restricted from buying land, rule says amid conflict-of-interest row

    Posted Aug 09th 2014, 04:25am by Olga Wong, FANNY FUNG

    ... surveyor. Lam, who oversaw Yuen Long, is embroiled in a conflict-of-interest row for having bought 13 plots of land in the district's Tsing Tam village- just beyond the area being studied ... of interest with official duties", but it does not bar officials from buying land. However, in light of the controversy, former civil service secretary Joseph Wong Wing-ping called for rules ...

    http://www.scmp.com/news/hong-kong/article/1569479/lands-row-puts-rules-under-spotlight
  3. Property - Hong Kong & China - PROPERTY

    Land sale attracts keen interest as developers bank on smaller flats

    Posted Aug 09th 2014, 04:11am by Yvonne Liu

    ... interest The tender for two residential sites in the New Territories received an overwhelming response yesterday, a fresh sign of confidence among developers that demand for smaller flats will stay ... Wan site because it allows for an office development. "But developers' interest in the New Territories is limited to mass residential sites only. The demand for flats ranging in size ...

    http://www.scmp.com/property/hong-kong-china/article/1569594/land-sale-attracts-keen-interest-developers-bank-smaller
  4. Business - Banking & Finance

    ECB keeps interest rates at record-low as Ukraine casts cloud over Europe

    Posted Aug 08th 2014, 04:28am by Reuters

    ... Reuters in Frankfurt and London As conflict in Ukraine threatens to hit, central bank leaves borrowing costs unchanged ECB keeps key interest rate at record low The European Central Bank ... expected by economists. "ECB interest rates will remain at the current level for an extended period of time," ECB president Mario Draghi said at his post-meeting news conference. ...

    http://www.scmp.com/business/banking-finance/article/1568632/ecb-keeps-interest-rates-record-low-ukraine-casts-cloud
  5. News - Hong Kong - LAW AND ORDER

    Prosecuting large numbers of Occupy activists 'not in public interest'

    Posted Aug 02nd 2014, 03:38am by Stuart Lau

    ... ‘small fry’ Public prosecutors would be acting against the public interest if they brought each and every Occupy Central protester to court instead of focusing their efforts ... in the best interest of Hong Kong". In any prosecutions, the department said, "relevant considerations include whether the available evidence supports a reasonable prospect of conviction ...

    http://www.scmp.com/news/hong-kong/article/1564461/prosecuting-large-numbers-occupy-activists-not-public-interest
  6. Business - Banking & Finance - DEBTS

    Outlook for record-low interest rates fuels rally in bonds

    Posted Jul 31st 2014, 01:24am by BLOOM

    ... Bloomberg in Singapore Outlook for record-low rates fuels rally in bonds Bonds are rallying from the United States to Germany to Australia on speculation that the Federal Reserve will hold interest rates at a record low to support the world's biggest economy. Ten-year yields were at or near 2014's lowest levels in 21 of 25 developed markets tracked by Bloomberg. German ...

    http://www.scmp.com/business/banking-finance/article/1562998/outlook-record-low-interest-rates-fuels-rally-bonds
  7. Business - Economy

    Beijing signals slowing interest rate liberalisation, analysts say

    Posted Jul 25th 2014, 01:35am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Analysts say Cabinet wants to lower financing costs by slowing down interest rate reform Beijing signals slowing interest rate ... of interest rate liberalisation. Some of the steps which come in the form of administrative orders and seek to shift the burden on banks would not help much in lowering borrowing costs, analysts said. ...

    http://www.scmp.com/business/economy/article/1558510/beijing-signals-slowing-interest-rate-liberalisation-analysts-say
  8. Comment - Letters

    Insurance industry failing to look after customers' interests

    Posted Jul 25th 2014, 04:39am by LETTERS

    ... Insurance industry failing to look after customers' interests I am an actuary with nearly 30 years' experience working in the insurance industry all over the world. I left ... of Insurers is waiting to be given guidance on what "clients' best interests" means is telling enough in itself. Why isn't it capable of coming up with its own definition? What ...

    http://www.scmp.com/comment/letters/article/1558449/insurance-industry-failing-look-after-customers-interests
  9. Business - Economy

    Turkey's interest rate policy a lesson in how not to prepare for worst

    Posted Jul 25th 2014, 01:29am by NICHOLAS SPIRO

    ... and is emerging as a case study on how not to prepare for the possibility of a sharp deterioration in sentiment once US interest rates finally begin to rise- probably in the middle of next year but possibly sooner. On July 17, Turkey's central bank cut its benchmark interest rate by 50 basis points to 8.25 per cent despite persistently high inflation that stood at 9.2 per cent in June. ...

    http://www.scmp.com/business/economy/article/1558523/turkeys-interest-rate-policy-lesson-how-not-prepare-worst
  10. News - Hong Kong - COURTS

    Rafael Hui 'did not declare conflict of interest during talks on West Kowloon arts hub'

    Posted Jul 24th 2014, 02:02pm by Austin Chiu and Stuart Lau

    ... not state any conflict of interest' Former chief secretary Rafael Hui Si-yan did not declare any conflict of interest when he took part in government discussions on the West Kowloon Cultural ... been "very important" for officials in the project to make their interests known. If discussions between the public and private sectors were not transparent, it could add ...

    http://www.scmp.com/news/hong-kong/article/1558150/rafael-hui-did-not-declare-conflict-interest-during-talks-west

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