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  • November 28, 2014
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  1. Liquidators launch class action over CSA debacle

    Posted Jul 20th 2006, 12:00am by Enoch Yiu

    ... investors' money, allowing Schmitt to transfer money to various 'shadow funds'. 'The shadow funds never traded, never operated a bank account or otherwise owned any assets. The sole ... the fund's custodian, HSBC Institutional Trust Services (Asia), its administrator, Bank of Bermuda, and its auditor, Ernst & Young. CSA Absolute Return Fund went into liquidation two years ago ...

  2. Former top banker leads sooty city out of Beijing's shadow

    Posted May 09th 2006, 12:00am by Cary Huang

    ... Cary Huang in Beijing Many people sympathised with former People's Bank of China governor Dai Xianglong three years when he was appointed mayor of the northern port city of Tianjin, ... than seven years at the helm, Mr Dai also won praise for helping to turn the near-bankrupt state-owned banks into more market-oriented entities. The two posts, central bank governor and mayor ...

  3. Bag of tricks

    Posted Dec 19th 2006, 12:00am by Staff Reporter

    ... of items. Rather than 10 shades of brown eye shadow or six shades of pink lipstick, keep it simple, they say. Each season's look can be achieved with just one or two new products: you don't have to raid your bank account to update your look. The professionals have a few makeup 'must-haves' of their own. For Yasmin Chir, makeup artist at KiwiDivas, her top five items ...

  4. Shadow of the Silk Road

    Posted Nov 05th 2006, 12:00am by Edward Peters

    ... Ed Peters Shadow of the Silk Road by Colin Thubron Chatto & Windus, HK$300 High in the wilds of Kyrgyzstan, Colin Thubron- parfit gentil troubadour- takes shelter at the home ... by nothing but Nature. Yet Shadow of the Silk Road is far more than a series of felicitous encounters, although Thubron's ability to discover and draw out people- monks, artists, warlords, ...

  5. Supersun banks on makeover

    Posted Feb 08th 2006, 12:00am by Staff Reporter

    ... Supersun, is banking on yet another name change to turn the struggling business around, and on a partnership with rival PCCW Now Broadband TV to lift its battered fortunes. Analysts, however, doubt whether the initiatives will do much to pull Supersun from under the shadow of the two big operators, i-Cable Communications and Now Broadband TV, which have 700,000 and 500,000 subscribers, ...

  6. Out from the shadow of Sharon

    Posted Jan 13th 2006, 12:00am by Staff Reporter

    ... on the occupied West Bank. But Mr Sharon's approach appealed to Israelis who yearned for stability, with an end to confrontation and negotiations that ended in disappointment. In 2003 he claimed ... It is not so much that Mr Olmert lacks Mr Sharon's charisma as that he has operated in his leader's shadow. As he steps out of it in the coming weeks he will be tested in the heat ...

  7. Lai See

    Posted Oct 05th 2006, 12:00am by Eric Ng

    ... with Eric Ng UBS and goldman fight for the top spot likely to go down to the wire In the ferociously competitive investment banking world, ranking is everything and scores are kept daily. According to an internal note sent out by UBS head of Asia Pacific investment banking Robert Rankin last Friday, the Swiss bank has eased ahead of Goldman Sachs in the revenue race, both in China ...

  8. Legacy of imbalances awaits Greenspan's successor

    Posted Feb 04th 2006, 12:00am by David Watkins

    ... were his leather boardroom chair and an antique baseball glove, signed by each of the Fed's 12 bank presidents, who also presented the 80-year-old with framed US$1 bills from their respective bank districts. Whether Mr Greenspan can offer such benign welcoming gifts to his successor is another matter. Officially sworn in this week to inherit The Maestro's legacy, Ben ...

  9. PCCW saga a blow for HK's credibility

    Posted Dec 01st 2006, 12:00am by Staff Reporter

    ... Richard Li Tzar-kai's grand plan to retreat from the telecoms industry has hit the rocks, leaving behind a litany of questions about political interference, family discord and corporate governance. They cast a long shadow over Hong Kong's image as a credible centre of international finance. Australian investment bank Macquarie and US buyout firm TPG Newbridge had ...

  10. Railways offer an untapped China opportunity

    Posted Jun 25th 2006, 12:00am by Staff Reporter

    ... compounded by a one-off gain of $83.8 million largely from divesting the loss-making Qingcheng section toll road in Guangdong province. Mr Darby also predicts Hong Kong's retail banking sector stocks will perform well over the next few months as they emerge from the shadows of their newly privatised mainland counterparts and 'grow their loan books'. Regionally he expects ...




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