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  • October 1, 2014
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  1. Business - China Business - INTERNET

    UnionPay relaunches online service for mainland shoppers

    Posted Sep 11th 2014, 06:02am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Payment provider hopes upgraded platform will help it cash in on mainland shoppers' affluence UnionPay relaunches online shopping service UnionPay, the mainland's dominant payment service provider, has hopped on the bandwagon of haitao- cross-border online shopping by mainland consumers- as it relaunched its online trading ...

    http://www.scmp.com/business/china-business/article/1589746/unionpay-relaunches-online-service-mainland-shoppers
  2. Business - Companies - GAMING

    Macau's September casino earnings expected to fall up to 13pc

    Posted Oct 01st 2014, 04:18am by Bloomberg

    ... will be released on Friday. Visa restrictions and a crackdown by the authorities on the use of UnionPay debit cards to transfer money from the mainland have also deterred high rollers, who account for more ...

    http://www.scmp.com/business/companies/article/1604944/macaus-september-casino-earnings-expected-fall-13pc
  3. Business - Economy - ECONOMY

    Draghi's depreciating euro boosts ECB policy

    Posted Oct 01st 2014, 04:18am by Bloomberg

    ... inflation slowed last month to the lowest level in five years, with consumer prices rising 0.3 per cent year on year, the European Union's statistics office said yesterday. Draghi has said ...

    http://www.scmp.com/business/economy/article/1604939/draghis-depreciating-euro-boosts-ecb-policy
  4. Business - Economy - THE VIEW

    Hong Kong: one city, two narratives

    Posted Oct 01st 2014, 04:18am by Richard Wong

    ... has its roots in the democratic movement of the 1980s. Many leaders of this movement were drawn from non-government organisations, in particular the professional and labour unions and social ...

    http://www.scmp.com/business/economy/article/1604923/hong-kong-one-city-two-narratives
  5. Business - Banking & Finance - CURRENCIES

    Yuan to start direct trading with euro today

    Posted Sep 30th 2014, 04:32am by Bloomberg

    ... The mainland's trade with European Union nations grew 12 per cent year on year to US$404 billion in the first eight months of this year, according to mainland customs data. That compares with just US$354 ...

    http://www.scmp.com/business/money/markets-investing/article/1604235/yuan-start-direct-trading-euro-today
  6. Business - Money - INSURANCE

    Munich Re targets new insurance niche with Hong Kong regional base

    Posted Sep 29th 2014, 03:58am by JING YANG

    ... in its infancy, the market has shrunk in the last two to three years, pointed out delegates at last week's International Union of Marine Insurance Conference. "As a close observer ...

    http://www.scmp.com/business/money/markets-investing/article/1603540/munich-re-targets-new-insurance-niche-hong-kong
  7. Business - Money

    Markets priced for perfection imperiled by rising risks

    Posted Sep 29th 2014, 03:58am by DAVID BROWN

    ... The survival of the European Monetary Union and the euro cannot be guaranteed in the long run. Asian fundamentals fare no better. Japan's economic stimulus strategy, "Abenomics", appears ...

    http://www.scmp.com/business/money/markets-investing/article/1603376/markets-priced-perfection-imperiled-rising-risks
  8. Business - Economy - JAKE'S VIEW

    No, it wouldn’t make any difference

    Posted Sep 22nd 2014, 10:39am by Jake Van Der Kamp

    ... in the "No" camp on independence; Adam Smith because of the benefits of free trade in union with England, and David Hume because union promoted mutual understanding. So much for Adam Smith and David Hume, say I. Free trade is not in question here as both are within the European Union and free trade would continue with independence. As to mutual understanding, I say good fences do a better ...

    http://www.scmp.com/business/economy/article/1597858/no-it-wouldnt-make-any-difference
  9. Business - Economy - CURRENCIES

    Surging yuan trade sees Russia tilt towards China

    Posted Sep 26th 2014, 05:09am by Bloomberg

    ... the European Union penalised Russia's largest banks, Sberbank, VTB Group and Gazprombank, over Putin's support for Ukraine's insurgency. With EU and US sanctions in place and ties ...

    http://www.scmp.com/business/economy/article/1600459/surging-yuan-trade-sees-russia-tilt-towards-china
  10. Business - Companies - SHIPPING

    Marine insurers warn of Arctic route risks

    Posted Sep 24th 2014, 03:47am by JING YANG

    ... International Union of Marine Insurance conference. "It's an enormous area and I don't think many people understand how big and remote it is, and the potential consequences if something ...

    http://www.scmp.com/business/companies/article/1599107/marine-insurers-warn-arctic-route-risks

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