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  • September 16, 2014
  • Last updated: 1:05pm
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  1. Business - Companies - HUMAN RESOURCES

    Yahoo chief calls for return to workstations

    Posted Feb 27th 2013, 12:00am by BLOOM

    ... Bloomberg in San Francisco Employees working from home told to report to offices but the move may have risks Yahoo chief calls for return to workstations Yahoo chief executive Marissa Mayer, by ordering staff to report to offices, risks losing the productivity gains that can come from flexible work arrangements and jeopardising her ability to lure top talent. Jackie Reses, ...

    http://www.scmp.com/business/companies/article/1159392/yahoo-chief-calls-return-workstations
  2. Business

    Awards raise standards for Hong Kong's financial planning sector

    Posted Sep 03rd 2014, 01:33am by John Cremer

    ... celebrity status, the hard work and contributions of many important members of the community may not always get the attention they deserve. "In many ways, for instance, financial consultants ... solutions to protect their long-term financial well-being and secure a future free from money worries." Such work is especially vital at a time when demographic trends show Hong Kong's ...

    http://www.scmp.com/business/article/1584071/awards-raise-standards-hong-kongs-financial-planning-sector
  3. Business - Banking & Finance - REMUNERATION

    CCB says pay cuts for executives in line with global standard

    Posted Sep 01st 2014, 04:21pm by DON WEINLAND

    ... executives would be in line with international standards, Huang said. "In 2008, we had the financial crisis and many people criticised the senior management of financial institutions because ... been made at CCB. "It is still just hearsay and we shouldn't make any comment on it," CCB president Zhang Jianguo said. Zhang also defended the work of the bank's employees, ...

    http://www.scmp.com/business/banking-finance/article/1582953/china-construction-bank-cuts-executive-pay-50pc
  4. Business - Money

    Calpers to quit hedge funds and put US$4b to work elsewhere

    Posted Sep 16th 2014, 10:43am by Reuters

    ... and 20 per cent of the gains achieved. Hedge funds returned 4.1 per cent this year through August, according to Hedge Fund Research, lagging the Standard & Poor’s 500 Index’s 9.87 per cent ...

    http://www.scmp.com/business/money/markets-investing/article/1593722/calpers-quit-hedge-funds-and-put-us4b-work
  5. Business - China Business - LABOUR

    Loading up on hours suits many workers

    Posted May 31st 2013, 12:00am by Sophie Yu

    ..., many workers preferred doing overtime because that substantially increased their income. Workers are paid 1.5 times their standard salary by hour from Monday to Friday for work beyond eight ... on hours suits many workers Li Ruoyu works at Wuxi Hongding Textile Fibre in Henan province to support his two children. He says he does not mind working extra hours- in fact, the more the better. ...

    http://www.scmp.com/business/china-business/article/1249881/loading-hours-suits-many-workers
  6. Business - Banking & Finance - REGULATION

    Banks learn about the difference in US and HK money-laundering rules

    Posted Aug 25th 2014, 03:34am by ENOCH YIU AND DON WEINLAND

    ... Enoch Yiu and Don Weinland Monetary Authority says while it does not use the same tools as its US counterparts, it insists the standards in HK are just as rigorous Fines reveal differencein dirty-money rules Standard Chartered is the latest global bank with extensive operations in Hong Kong to learn the hard way that financial regulators in the city and the United States take ...

    http://www.scmp.com/business/banking-finance/article/1580466/banks-learn-about-difference-us-and-hk-money-laundering
  7. Business - Money - TRADING

    Shanghai stock market unlikely to follow Hong Kong trading hours

    Posted Jul 28th 2014, 04:27am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Shanghai unlikely to follow HK stock market hours Shanghai is unlikely to stretch stock exchange trading hours to match Hong Kong's, despite ... with a one-hour break for lunch at noon. According to sources, Shanghai will initially keep trading hours unchanged when Hong Kong and mainland investors begin dealing in each other's markets ...

    http://www.scmp.com/business/money/markets-investing/article/1560753/shanghai-stock-market-unlikely-follow-hong-kong
  8. Business - Companies - ACQUISITIONS

    Manulife to buy Standard Life’s Canadian operations for C$4b

    Posted Sep 04th 2014, 09:33am by Reuters

    ... Reuters in Toronto Manulife Financial Corp has agreed to acquire the Canadian operations of Standard Life for about C$4 billion (HK$28.4 billion) in cash in a deal that significantly ... distributing Standard Life funds in Canada, the United States and Asia, and Standard Life doing the same in the British retail market. “I think this is a good deal for Manulife,” said Morningstar ...

    http://www.scmp.com/business/companies/article/1584906/manulife-buy-standard-lifes-canadian-operations-c4b
  9. Business - Companies - COMPUTERS

    Hewlett-Packard tightens hiring rules for China suppliers

    Posted Feb 12th 2013, 12:00am by BLOOM

    ... said an employment agent on the mainland forged documents on behalf of underage workers. Working hours for students must be lower than the legal limit and the total number of student workers must also be limited, HP said yesterday. Suppliers must comply with the guidelines immediately, said the maker of Envy laptops and other peripherals. The effort to improve working conditions ...

    http://www.scmp.com/business/companies/article/1148174/hewlett-packard-tightens-hiring-rules-china-suppliers
  10. Business - Banking & Finance - REGULATION

    Standard Chartered ‘close’ to settlement with New York regulator

    Posted Aug 19th 2014, 10:53am by Reuters

    ... Reuters in New York Standard Chartered is close to a deal to pay between US$200 million and US$300 million to resolve allegations by New York’s banking regulator that it failed to review ... said. The penalty would be the second the British bank has paid to the New York Department of Financial Services in two years. In August 2012, Standard Chartered agreed to a US$340 million ...

    http://www.scmp.com/business/banking-finance/article/1576651/standard-chartered-close-settlement-new-york-regulator

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