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  • April 19, 2014
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  1. RBS leads way as international banks axe 260 HK jobs

    Posted Dec 02nd 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun, Natalie Chiu and Jonathan Yang Royal Bank of Scotland (RBS) and several other international lenders are axing a total of 260 jobs in Hong Kong because of the worsening ... be cut from the bank's structured-product team and trading desk, the sources said. 'The trading floor had 40 staff cut yesterday and I know there will be another round of layoffs ...

  2. Towry Law quits international market

    Posted May 28th 2004, 12:00am by Enoch Yiu

    ... the international operations of its scandal-ridden financial advisory business, Towry Law, amid regulatory probes and possible lawsuits, after the collapse of two hedge funds it sold to local investors. ... that the firm misled its clients by not adequately disclosing the inherently high risks of the hedge funds. The funds- Global Diversified Trading and Global Opportunities Trading- were managed by Asia ...

  3. HKU tackles Singapore on global trade programme

    Posted Oct 18th 2003, 12:00am by Linda Yeung

    ... to be the regional centre in providing training on World Trade Organisaton (WTO) rules for Asian government officials. Both universities submitted proposals to WTO representatives during visits ... Targeting officials from about 30 countries, the proposed intensive three-month programme would boost both Hong Kong's international status and ties between HKU and other institutions ...

  4. US curbs fray nerves in sock capital

    Posted Jan 24th 2005, 12:00am by Toh Han Shih

    ... Socks' exports, Ms Guo said the move would also intensify competition from the many smaller players which now had greater freedom to sell internationally. ...

  5. Trade body helps exporters chase debts

    Posted Aug 27th 2010, 12:00am by Denise Tsang

    ... Denise Tsang The mainland's largest trade and commerce body has set up a unit to help exporters recoup US$150 billion in overseas unpaid bills amid a lacklustre global economic recovery. The China Chamber of International Commerce- which is affiliated with the world's largest business organisation, the International Chamber of Commerce- said credit risks for mainland ...

  6. Move to merge air cargo trade of Big 3

    Posted May 25th 2010, 12:00am by Charlotte So

    ... such as Apple's iPhone and iPad and Sony's Playstation, is one of the world's major air cargo exporting regions. But about 70 per cent of the international air cargo is carried by foreign ... carriers had been lagging their international rivals in the cargo sector because they had been preoccupied with the passenger side of the business in recent years. They said mainland carriers had ...

  7. Fields of dreams

    Posted Apr 23rd 2010, 12:00am by Yvonne Lai

    ... in price for fair-trade.' Fair-trade products are usually certified by the Fairtrade Labelling Organisations International (FLO) or the World Fair Trade Organisation (WFTO), which send ... market access and fairer payment for their harvests by reducing the role of middlemen. The concept of fair trade, however, had yet to enter their minds as they got ready to plough a field ...

  8. Trade expo will unveil surprise packages

    Posted Apr 28th 2009, 12:00am by Fionnuala Carolan

    ... year. The fourth edition of the Hong Kong International Printing & Packaging Fair opened yesterday and continues until Thursday at AsiaWorld-Expo. The Hong Kong Trade Development Council ... 'The 12 local and mainland exhibitors offer specialised book-printing services to international buyers. A key exhibitor is Starlite Printers from Hong Kong.' Richard Lim, executive ...

  9. HK sees first jail term for insider trade

    Posted Apr 02nd 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu A former BNP Paribas Peregrine Capital banker and his girlfriend yesterday became the first people to be jailed in Hong Kong for insider trading, raising the stakes in the fight ... as an international financial centre, it is important to eliminate insider dealing and to reinforce the transparency of the markets. A clear message must be sent to the public that the court takes a serious ...

  10. State firm loses record US$550m in oil trade

    Posted Dec 01st 2004, 12:00am by Wang Xiangwei

    ... into the mainland, has suffered the biggest trading losses by a state-owned firm in the history of the People's Republic after losing US$550 million in oil derivatives trading. The company said yesterday that rising international oil prices were partly to blame for its losses. 'In October, international oil prices rose steeply, leading to the company having to face significant margin ...




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