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  1. State units may default on loans of 4.7tr yuan

    Posted Jun 17th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com About one-third of mainland loans to local governments may face repayment problems, according to accounting firm Ernst & Young. The problems could affect loans totalling between 3 trillion yuan (HK$3.61 trillion) and 4.7 t ...

  2. Joining the big league at Aon

    Posted Sep 10th 2011, 12:00am

    ... to be with a winner. That said, Aon still has tremendous upside. Its brand is not widely known outside of the industry, though the sponsorship of Manchester United has helped dramatically. Aon has an enviable ... is the current staff count in Hong Kong, Taiwan and the mainland? Aon has three business units, including Aon Risk Solutions, the insurance brokering and risk management advisory business; Aon Hewitt, ...

  3. Central bank unit revamps trading system

    Posted Apr 10th 2007, 12:00am by Staff Reporter

    ... Such a quotation depicts how many units of the counter currency are needed to buy one unit of the base currency. Banks will also have a choice of mechanisms to bid or access prices- from one-click trading, ...

  4. Mainland plans Temasek-style investment unit

    Posted Dec 06th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing With US$1 trillion in reserves, Beijing must find new route to recycle funds The central government is considering establishing a national investment company modelled on Singapore's Temasek Holdings to recycle China's ...

  5. Dwindling supply of domestic units alarming

    Posted Mar 29th 2006, 12:00am by Staff Reporter

    ... Koh Keng-shing The government's high land prices are inhibiting development, despite a predicted rise in need during the next two years A worrying drop in the number of domestic units coming on the market is indicated in market forecasts for this year and the next. The Rating and Valuation Department has predicted that the supply of private domestic units in 2006 and 2007 ...

  6. Clock ticking on a global implosion

    Posted Jun 05th 2012, 12:00am

    ... Kevin Rafferty Just when you thought global economic news could not get gloomier, it did. Poor unemployment figures from the United States on Friday along with fresh news of uncertainty from China mean that the world's economy is sputtering on all major cylinders. The US, Europe, China, Japan- and for good measure India and Brazil- all have too much grit in the system. ...

  7. US rolls out welcome mat for Chinese

    Posted Jul 21st 2012, 12:00am

    ... Anita Lam anita.lam@scmp.com The United States government is betting on an expected influx of mainland tourists to boost its economy and employment in the next four years. Returning from a China visit to promote Washington's latest initiatives on trade, investment and tourism, Nicole Lamb-Hale, US assistant secretary of commerce for manufacturing and services, said China ...

  8. Strong US dollar may be what starts yuan's global rise

    Posted Apr 09th 2012, 12:00am

    ... never go anywhere near the United States. When Japan buys oil from Saudi Arabia, it pays in US dollars. And when a Chinese producer ships electronic gizmos to Europe, it gets paid in US ... Research, recent wage inflation means that China has now lost almost all the advantage in unit labour costs gained against the US since 1994. If the trend continues, manufacturing in the US ...

  9. Lifestyle - Books - HISTORY

    Book review: Merchant, Soldier, Sage, by David Priestland

    Posted Mar 24th 2013, 12:00am by GDN

    ... Laden (a warrior, according to Priestland) prompted the resurgence of the warrior ethos, represented most crudely by former United States secretary of defence Donald Rumsfeld. Yet ...

  10. All abroad for a better deal

    Posted Jul 02nd 2012, 12:00am

    ... Jasper Moiseiwitsch Hongkongers like their foreign-currency investment products. They like their Australian dollar fixed deposits, their local currency Asian bond funds and their Singapore dollar real estate investment trusts. The investment story is basi ...




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