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  1. MIDDLE EAST

    Arafat’s remains said to be exhumed on Tuesday

    Posted Nov 24th 2012, 08:39pm by Associated Press in Ramallah, West Bank

    ... Associated Press in Ramallah, West Bank The remains of former Palestinian leader Yasser Arafat will be exhumed on Tuesday as part of a renewed investigation into his death, a Palestinian ... tomb in Arafat’s former government headquarters in the West Bank city of Ramallah. The Palestinian Authority, the self-rule government in the West Bank, had hesitated before agreeing to exhume ...

    http://www.scmp.com/article/1090044/arafats-remains-said-be-exhumed-tuesday
  2. Business - Banking & Finance - CURRENCIES

    Mainland China banks set own yuan rates for retail clients

    Posted Jul 04th 2014, 01:41am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Beijing's latest easing on exchange rate with greenback comes in lead-up to talks with US Mainland banks set own yuan rates for retail clients Mainland banks set their own exchange rates for the yuan against the US dollar for the first time yesterday in deals with retail clients, following the latest steps by the People's Bank ...

    http://www.scmp.com/business/banking-finance/article/1546129/mainland-china-banks-set-own-yuan-rates-retail-clients
  3. Business - Banking & Finance - STRATEGY

    Wells Fargo takes retail out of game plan for China

    Posted Aug 04th 2014, 03:40am by DON WEINLAND

    ... some blunt insight on how to compete among its biggest financial institutions. Simply put: don't- at least not in retail banking. Wells Fargo had no intention of incorporating locally, ... to be more honest with themselves about what advantages they had in the mainland market, he said. Retail banking is not likely one of them. ...

    http://www.scmp.com/business/banking-finance/article/1565748/wells-fargo-takes-retail-out-game-plan-china
  4. Business - Banking & Finance - BANKS

    Singapore changes liquidity rules for major retail banks

    Posted Jun 26th 2014, 01:08am by BLOOM

    ... Bloomberg in Singapore Large retail lenders will be required to hold cash assets in the country to support outflows Singapore brings in liquidity reform Singapore said banks ... said. The banks are DBS, Oversea-Chinese Banking and United Overseas Bank. The monetary authority said it will consider a bank as having a "significant retail presence" if its share ...

    http://www.scmp.com/business/banking-finance/article/1540543/singapore-changes-liquidity-rules-major-retail-banks
  5. News - Hong Kong - ECONOMY

    Slide in Hong Kong’s retail sales continues in June with 6.9pc drop

    Posted Jul 31st 2014, 11:36pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland corruption crackdown blamed for falling demand at Hong Kong's high-end shops Slide in city's retail sales continues with 6.9pc drop The grim performance of Hong Kong's retail sales continued in June, producing the worst first-half showing since 2009. The government's monthly statistics released yesterday showed that sales revenue ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop
  6. Islamic banking crosses borders through Maybank Syariah

    Posted Aug 18th 2014, 11:22am by Reports by Krystin Chu and Khay Inn Poh

    ... and an efficient structure." The bank is similarly increasing its services to companies in agriculture, oil, gas and energy, which it sees as growth industries in Indonesia. It also targets the retail ... interest rates, which help protect businesses against volatile market movements. "Ultimately, we want to offer end-to-end banking solutions- be it for retail or corporate clients," ...

    http://www.scmp.com/article/1575944/islamic-banking-crosses-borders-through-maybank-syariah
  7. Business - Banking & Finance - EARNINGS

    Agricultural Bank of China's net profit grows by 12.65 per cent

    Posted Aug 27th 2014, 01:27am by DON WEINLAND

    ... 11.3 per cent previously. Mortgage loans made up 62.1 per cent of retail lending, against 61.7 per cent a year earlier. The volume of mortgage loans grew 12.2 per cent. That makes the bank one ... Don Weinland don.weinland@scmp.com Bad loans at the mainland's fourth-largest bank by assets remain high at 1.24 per cent but it is rising at a slower rate than two of its big rivals ...

    http://www.scmp.com/business/banking-finance/article/1580998/agricultural-bank-chinas-net-profit-grows-1265-cent
  8. Business - Banking & Finance - EARNINGS

    Huishang Bank net profit up 15.78pc

    Posted Aug 22nd 2014, 10:17am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com In its first interim report since its listing in November, Huishang Bank reported that first-half net profit rose 15.78 per cent year on year to 2.84 billion ... to 211.79 billion yuan. Corporate loans rose 6.33 per cent year on year to 145.52 billion yuan, while retail loans stood at 54.87 billion yuan. The strong income growth was partly offset ...

    http://www.scmp.com/business/banking-finance/article/1579003/huishang-bank-net-profit-1578pc
  9. Comment - Insight & Opinion - LEADER

    Fairer deal needed for retail investors in IPOs

    Posted Jul 07th 2014, 05:17am by SCMP Editorial

    ... SCMP Editorial Retail investors need fair deal With Hong Kong's IPO activity picking up, brokers are calling for tighter rules on cornerstone investors as their retail clients are increasingly squeezed out of lucrative offers. Cornerstone investors do have their place in the market for initial public Offerings. Everyone wants to see deals launch smoothly and investment banks ...

    http://www.scmp.com/comment/insight-opinion/article/1548240/fairer-deal-needed-retail-investors-ipos
  10. Business - Companies - TECHNOLOGY

    NCR sees retail banking upgrades, new services driving ATM growth in Hong Kong

    Posted Mar 14th 2014, 01:06am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com NCR to benefit from retail bank upgrades in HK NCR, the world's largest supplier of automated teller machines, plans to maintain a steady pace of growth ... forward." A report by retail banking research firm RBR said government initiatives would continue to help boost the rollout of new ATMs across the city. Compliance with the Hong Kong Monetary ...

    http://www.scmp.com/business/companies/article/1448159/ncr-sees-retail-banking-upgrades-new-services-driving-atm-growth

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