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  • August 23, 2014
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  1. News - Hong Kong - POLITICS

    Are you ready for Occupy Central? HKMA to check on Hong Kong's banks

    Posted Aug 12th 2014, 11:31pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Authority to ensure core operations can continue if blockade of Central goes ahead HKMA to check banks are ready for Occupy The Hong Kong Monetary Authority is to check banks are sufficiently prepared for the disruption that would be caused if Occupy Central protesters blockade the business district. "There are many major banks in Hong Kong which ...

    http://www.scmp.com/news/hong-kong/article/1572443/are-you-ready-occupy-central-hkma-check-hong-kongs-banks
  2. News - Hong Kong - POLITICS

    John Tsang recalls protests on US campus during the Vietnam war

    Posted Aug 18th 2014, 05:56am by Phila Siu

    ... their activism upon graduation. “They made an unexpected choice, joining investment banks on Wall Street and making very good money. They worked their way up,” he said. “For the rest of their lives, ...

    http://www.scmp.com/news/hong-kong/article/1575839/john-tsang-recalls-protests-us-campus-during-vietnam-war
  3. News - China - POLITICS

    Bosses at China's state-owned enterprises face pay cuts of up to 50pc

    Posted Aug 20th 2014, 11:42pm by Staff Reporter

    ... the salaries of top executives at major SOEs, particularly those in finance and banking. Some may have to take a 50 per cent pay cut. The second step is to gradually change their job responsibilities. ... of a central enterprise in his field could make one million yuan (HK$1.26 million) a year. Those working for banking and finance central enterprises could earn more. Jiang Jianqing, the chairman ...

    http://www.scmp.com/news/china/article/1578004/bosses-chinas-state-owned-enterprises-face-pay-cuts-50-cent
  4. News - Hong Kong - POLITICS

    Hong Kong sending unprecedented 12 deputies to NPC committee meeting

    Posted Aug 21st 2014, 04:44am by Tony Cheung, Gary Cheung and Peter So

    ... of Social Democrats, was barred. Business leaders warn of investment fallout over electoral reform standards Overseas investment could be discouraged if the electoral reforms do not live up ... education level," chamber chairman Lee Jark-pui said. But the lingering row over the reforms could affect how overseas businesses saw Hong Kong and thus their investment plans, he said. ...

    http://www.scmp.com/news/hong-kong/article/1577872/hong-kong-sending-unprecedented-12-deputies-npc-committee-meeting
  5. News - China - POLITICS

    Deng Xiaoping's guiding principles are still in play today

    Posted Aug 22nd 2014, 04:30am by Teddy Ng

    ... arena. Last month, Beijing positioned itself as a major player in providing alternative financing to emerging markets by paying the largest share of US$41 billion to a development bank newly formed by Brazil, Russia, India, China and South Africa. Analysts said the New Development Bank would rival the International Monetary Fund and World Bank, dominated by Europe and the US. Cai ...

    http://www.scmp.com/news/china/article/1578761/deng-xiaopings-guiding-principles-are-still-play-today
  6. News - Hong Kong - POLITICS

    'I will clear my name': Lawmaker Claudia Mo submits files disputing claims of Jimmy Lai payments

    Posted Aug 09th 2014, 04:25am by Peter So

    ... over HK$1,000. Mo submitted records of her personal income for the financial year starting April 2012 and bank transfers related to campaign funds to the Legco Committee on Members' ... husband, Philip Bowring, a columnist for the South China Morning Post. Mo showed reporters bank transaction records displaying her husband's contribution. She added that Bowring had not taken ...

    http://www.scmp.com/news/hong-kong/article/1569488/claudia-mo-i-will-clear-my-name
  7. News - Hong Kong - POLITICS

    Jimmy Lai paid Paul Wolfowitz US$75,000 for help in Myanmar

    Posted Jul 23rd 2014, 04:01am by ALEX BOOKBINDER, Patrick Boehler

    ... defence secretary Paul Wolfowitz US$75,000 for his help with projects in Myanmar. According to a July 22, 2013, remittance notice by the Shanghai Commercial and Savings Bank, Wolfowitz received ... It remains unclear what services the former World Bank president provided to Lai. Wolfowitz continues to head the US Taiwan Business Council and is a scholar at the American Enterprise Institute, ...

    http://www.scmp.com/news/hong-kong/article/1557390/jimmy-lai-paid-paul-wolfowitz-us75000-help-myanmar
  8. News - Hong Kong - POLITICS

    Young tycoon wants to serve Mid-Levels with district office

    Posted Aug 11th 2014, 06:10am by Tony Cheung

    ... I want to try serving the community because I am creative and motivated," he added. Ng said he grew up in the former squatter area in Ho Man Tin and worked as a watchman and a bank teller ...

    http://www.scmp.com/news/hong-kong/article/1570816/young-tycoon-wants-serve-mid-levels-district-office
  9. News - Hong Kong - POLITICS

    Occupy Central a danger to the Hong Kong property market, Barclays Bank warns

    Posted Jul 08th 2014, 11:52pm by Joyce Ng, Jeanny Yu and Ray Chan

    ... Joyce Ng, Jeanny Yu and Ray Chan Barclays Bank says 'shocks' like Central protest could cause a slump from which it will take the city longer to recover than in 2003 and 2008 Occupy 'a danger to property market' "Unexpected shocks" like the planned Occupy Central protest could trigger a property market slump, leading international bank Barclays ...

    http://www.scmp.com/news/hong-kong/article/1549994/occupy-central-danger-property-market-warns-barclays-bank
  10. News - Hong Kong - POLITICS

    HSBC backtracks on Occupy Central as reason for downgrading Hong Kong’s outlook

    Posted Jul 07th 2014, 11:22pm by Joyce Ng

    ... of the bank's flagship equity investment strategy report, penned by analysts and released yesterday, stated: "We reduce Hong Kong to 'underweight' on concerns about negative news flow. ... Joyce Ng joyce.ng@scmp.com Bank lowers its assessment of stock market prospects over fears about civil disobedience- but Occupy insists impact will be temporary Hong Kong's biggest ...

    http://www.scmp.com/news/hong-kong/article/1549269/hsbc-downgrades-outlook-hong-kong-economy-partly-occupy-central-fears

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