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  • August 30, 2014
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  1. Not so hotline

    Posted Aug 02nd 2009, 12:00am by Mark Footer

    ... Mark Footer 'Hello Mark, this is Neil,' said the friendly voice at the other end of the phone. 'I'm calling from HSBC in the UK to see if we can offer you any services. But first I just need to check your security details.' Yeah, right - nice try 'Neil'. The first response of most would be to alert HSBC to Neil's existence as soon as possible ...

  2. US mortgage woes slow sales

    Posted Sep 28th 2007, 12:00am by Mark Armsden

    ... Mark Armsden After a seven-month run seeing 62 collective sale transactions in Singapore, August turned up only one, and many blamed the subprime mortgage woes in the United States for turning off the tap. 'The US credit crunch has cast some level of cautiousness and uncertainty in Singapore's residential property market,' said Tay Huey Ying, director of research ...

  3. Banks shrug off new competition for vehicle loans

    Posted Oct 09th 2003, 12:00am by Mark O'Neill

    ... Non-finance firms are likely to attract customers with poor credit histories Mainland banks have shrugged off the central government's decision allowing car firms to offer financing to new buyers, saying they were happy to reduce their exposure to th ...

  4. Sohu chief calls for wealth to be properly recognised

    Posted Sep 19th 2003, 12:00am by Mark O'Neill

    ... The chief executive of Sohu.com yesterday made an impassioned plea for the proper recognition of private wealth and an end to political vendettas that were a hangover from the worst excesses of the communist period. Charles Zhang Chaoyang heads one of thr ...

  5. Huaxia Bank to list after lengthy delay

    Posted Jul 14th 2003, 12:00am by Mark O'Neill

    ... After months of delays and failed negotiations with strategic investors, Huaxia Bank will finally list on a domestic stock market next month, raising five billion yuan (HK$4.68 billion). But no outside bank will buy shares in it. Huaxia would issue one bi ...

  6. Time to remove this financial question mark

    Posted May 05th 2010, 12:00am by Staff Reporter

    ... Hong Kong cannot afford to be mentioned in international reports on money laundering, terrorism funding and tax havens. Our brand as a financial centre besides London and New York is too important to be sullied in such a way- there is too much at stake. T ...

  7. Looser China can get yuan rolling

    Posted Feb 27th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The mainland will need to liberalise its capital market more if it wants the yuan to become an international investment currency, according to the Asia-Pacific chairman of the world's largest asset manager. BlackRock regional chairman Mark McCombe said the rapidly growing Chinese economy and the drive to internationalise the yuan would continue ...

  8. Rising markets see growth ease

    Posted Apr 08th 2011, 12:00am

    ... executive, Mark McCombe, said, adding that a score above 50 indicated growth. Input cost inflation across the emerging world quickened to its strongest level in almost three years, the bank said, ...

  9. Tax overhaul marks significant breakthrough

    Posted Apr 24th 2009, 12:00am by Kate Watson

    ... Kate Watson Of the many initiatives included in the central government's 4trillion yuan (HK$4.54 trillion) economic stimulus package last November, the overhaul of value added tax (VAT) across all industries was perhaps the most significant. The key ...

  10. HSI marks Black October with 22.5pc slide

    Posted Nov 01st 2008, 12:00am by Nick Westra

    ... Nick Westra Hong Kong stocks fell yesterday, closing the book on the market's worst month and blackest October in more than a decade as investors braced themselves for doomsday scenarios in the troubled global economy. The Hang Seng Index slid 361.18 points or 2.52 per cent to 13,968.67 in a day of wild trading, marked by 10 swings of more than 200 points. The decline put ...




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