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  1. This week's question: Who is your favourite singer?

    Posted Mar 02nd 2008, 12:00am by Staff Reporter

    ... Dominique Sing, 14 Canadian Deryck Whibley, the lead singer and guitarist of the pop punk band Sum 41. I think their best songs are Still Waiting, Fat Lip and Over My Head. I just think Sum 41 are really good at what they do. Sasha Mohinani, 14 Beyonce Kn ...

  2. StanChart to acquire mid-sized investment bank Cazenove Asia

    Posted Nov 14th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun Standard Chartered, a London-based lender with the majority of its business in Asia, has unexpectedly announced the acquisition of Cazenove Asia, a medium-sized investment bank, despite the worsening market environment. Cazenove, which advise ...

  3. StanChart rights issue taps market for GBP1.78b

    Posted Nov 25th 2008, 12:00am by Staff Reporter

    ... Bank aims to add capital to help it ride out turbulent period London-based Standard Chartered plans to raise a net GBP1.779 billion (HK$20.67 billion) from a share rights issue, moving to boost its capital amid the global financial turmoil. Richard Meddin ...

  4. StanChart and Wing Hang raise mortgage rates

    Posted Nov 07th 2008, 12:00am by Staff Reporter

    ... Maria Chan Standard Chartered Bank (Hong Kong) and Wing Hang Bank have increased their mortgage rates and other banks are expected to follow. Standard Chartered, the city's third-largest mortgage lender, last month raised its mortgage rates 50 to 100 ...

  5. StanChart says US credit losses will not hurt profits

    Posted Oct 29th 2008, 12:00am by Staff Reporter

    ... Maria Chan Standard Chartered suffered some credit losses from United States financial institutions in the third quarter but the amounts were 'immaterial', the lender said. 'Asia economic growth is moderating but the economies remain resili ...

  6. StanChart says US action should stem crisis

    Posted Sep 19th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Policy responses taken by the United States should prevent the financial crisis from turning into a meltdown, Standard Chartered economists said. Despite mounting turmoil in the US financial sector, Standard Chartered believed it was 'no ...

  7. StanChart predicts stable margins

    Posted Aug 08th 2008, 12:00am by Staff Reporter

    ... Maria Chan Standard Chartered expects the net interest margin of the Hong Kong operation will remain stable in the second half as widening margins on corporate lending offset the rising cost of funds. Benjamin Hung Pi-cheng, the chief executive of Standar ...

  8. StanChart looks to strong growth as net soars 30pc

    Posted Aug 06th 2008, 12:00am by Staff Reporter

    ... Maria Chan Standard Chartered is confident of delivering a strong earnings performance for the rest of the year after unveiling a 30.3 per cent jump in interim net profit. In a rare piece of good news for the struggling banking industry, net profit at the ...

  9. StanChart raises stake in Asia Commercial

    Posted May 03rd 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu British-based Standard Chartered, through unit Standard Chartered Bank (Hong Kong), has agreed to buy from International Finance Corp 6.16 per cent of Asia Commercial Bank, lifting its stake to 15 per cent, according to the bank's announcem ...

  10. StanChart expects cap on lending to loosen

    Posted Jul 12th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Beijing is likely to loosen the cap on bank lending and increase tax rebates for exports in view of the reduced threat of inflation, Standard Chartered Bank said yesterday. The consumer price index rose 7.1 per cent in June, easing from 7.7 p ...




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