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  • September 15, 2014
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  1. Business - Banking & Finance - FINANCE

    HSBC pays US$550m to settle US claims over mortgage-backed securities

    Posted Sep 14th 2014, 06:35am by AP

    ... Associated Press in Washington Pay-out resolves claims bank misled America's Fannie Mae, Freddie Mac on mortgage securities HSBC agrees to settlement of US$550 million HSBC has agreed to pay US$550 million to resolve claims the bank misled US government housing corporations Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the US housing market ...

    http://www.scmp.com/business/banking-finance/article/1591986/hsbc-pays-us550m-settle-us-claims-over-mortgage-backed
  2. News - China - FOREIGN RELATIONS

    Sri Lanka port deals may stoke security fears

    Posted Sep 12th 2014, 05:52am by Teddy Ng

    ... Sri Lanka port deals may stoke security fears China is expected to shore up its maritime strength by securing port development deals in Sri Lanka when President Xi Jinping tours South Asia. ... part in UN missions, such as anti-piracy efforts in the Gulf of Aden. Professor Srikanth Kondapalli, a regional affairs expert at New Delhi's Jawaharlal Nehru University, said security ...

    http://www.scmp.com/news/china/article/1590391/sri-lanka-port-deals-may-stoke-security-fears
  3. News - China - DIPLOMACY

    Xi Jinping calls for renewed trust as US security adviser Susan Rice concludes three-day visit

    Posted Sep 09th 2014, 03:44pm by AP; TEDDY NG

    ... Teddy Ng in Beijing teddy.ng@scmp.com Close encounter with US surveillance plane off Hainan one of the main points of contention as US national security adviser wraps up visit Xi calls ... strains in their relationship. Xi made the remarks to visiting US National Security Adviser Susan Rice in talks in which PLA intercepts of US surveillance planes topped the agenda. A wide range ...

    http://www.scmp.com/news/china/article/1588661/communications-between-china-and-us-more-crucial-ever-wang-yi-says
  4. News - China - SINO-US RELATIONS

    US national security adviser Rice in Beijing to pave way for Obama’s ‘milestone’ visit

    Posted Sep 08th 2014, 03:47pm by Agencies and Teddy Ng

    ... visiting US National Security Adviser Susan Rice that the two nations have to “constructively manage our differences on sensitive issues to ensure that the US-China relationship will continue ... disputes with US allies in the region, nuclear issues in the Korean Peninsula and Iran, and the security in Middle East. Additional reporting by Associated Press, Agence France-Presse   ...

    http://www.scmp.com/article/1587855/us-national-security-adviser-arrives-beijing-pave-way-obamas-visit
  5. Business - Banking & Finance - FUNDRAISING

    China banks to test investor appetite with US$20b in Basel securities

    Posted Sep 08th 2014, 12:41pm by DON WEINLAND

    ... of securities issuances from mainland banks in the second half of the year could meet cautious market sentiment, Fitch Ratings said yesterday. The mainland's five biggest banks are expected to continue to issue Basel-compliant tier-one and tier-two capital securities until the end of the year. However, the performance of the banks in the first half, coupled with an increase in bad loans, ...

    http://www.scmp.com/business/banking-finance/article/1587754/china-banks-test-investor-appetite-us20b-basel-securities
  6. Business - Banking & Finance - BANKING

    China Merchants to issue 9.16 billion yuan in asset-backed securities

    Posted Sep 06th 2014, 05:37am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com China Merchants to issue asset-backed securities China Merchants Bank will issue 9.16 billion yuan (HK$11.56 billion) in asset-backed securities ... Securities, Citic Securities and China International Capital Corp. There has been more securitisation issued on the mainland this year than in the previous eight years combined, according to data from ...

    http://www.scmp.com/business/banking-finance/article/1586261/china-merchants-issue-916-billion-yuan-asset-backed
  7. News - World - INTERNET

    Apple eyes new cloud security steps in wake of hack of celebrity photos

    Posted Sep 06th 2014, 04:05am by Reuters

    ... Reuters Apple eyes new cloud security steps Apple is planning additional steps to keep hackers out of user accounts in the face of the celebrity photo scandal and will aggressively encourage users to take stricter security measures, says CEO Tim Cook. Apple will alert users through email and push notifications when someone tries to change an account password, restore iCloud ...

    http://www.scmp.com/news/world/article/1586250/apple-eyes-new-cloud-security-steps-wake-hack-celebrity-photos
  8. News - China

    Three fugitive Chinese prisoners caught on film strangling guard; security lapses exposed

    Posted Sep 05th 2014, 02:17pm by Li Jing in Beijing Jing.li@scmp.com

    ... jail in security uniforms after killing guard Armed police are still hunting for the death-row inmate who escaped from Harbin on Tuesday, as a state broadcaster aired footage of the three prisoners killing a guard and then calmly walking out in police uniforms. Critics blamed lax security for the escape of Gao Yulun, 50 – who was awaiting a death sentence and is still at large ...

    http://www.scmp.com/article/1585793/armed-police-still-hunting-death-row-inmate-after-guard-killed-jail-break-three
  9. News - World

    Getting to grips with the cloud and its security implications

    Posted Sep 04th 2014, 11:53pm by AP

    ... attack on those systems and accounts.   Q: Is it secure? A: For the most part, yes. Companies invest a lot to ensure that customers' private information stays private. But that doesn't mean the system can't be compromised.   Q: How can individuals make their data more secure? A: You need passwords to access your accounts, so choosing a strong one is important. Tim ...

    http://www.scmp.com/news/world/article/1585399/getting-grips-cloud-and-its-security-implications
  10. Business - Banking & Finance - FUNDRAISING

    Bright Smart Securities to raise HK$562m in rights offering

    Posted Sep 04th 2014, 09:42am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Bright Smart Securities and Commodities Group has proposed raising up to HK$562.4 million in a rights offering, it said in a filing with the Hong Kong stock ... margin financing capacity, it said. The company will issue up to 562.4 million rights shares, representing 50 per cent of the existing number of shares. The Securities and Futures Commission ...

    http://www.scmp.com/business/banking-finance/article/1584918/bright-smart-securities-raise-hk562m-rights-offering

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