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  • November 26, 2014
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Results 1 - 10 of 114 for there are over 7,000 crisis pregnancies in Hong Kong yearly

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  1. Business - Companies - CORPORATE GOVERNANCE

    Liquidators urge speedy action on Hong Kong corporate rescue bill

    Posted Jun 02nd 2014, 11:55pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong lags mainland after years of debate, say liquidators, but the key issue to convince lawmakers will be payment of wages to staff 'Speed up action ... if lawmakers would back a government bill. The government has announced that it will submit a bill to the Legislative Council next year, so that Hong Kong will have a law similar to Chapter 11 ...

  2. Business - Banking & Finance - FINANCE

    Every penny of HK$3 trillion Exchange Fund needed for ‘crises’, says HKMA chief

    Posted Jul 29th 2014, 01:50am by Enoch Yiu

    ... 'vital in a crisis' The head of Hong Kong's de facto central bank has rejected calls from some lawmakers to use part of the city's HK$3 trillion Exchange Fund to pay ... of the fund is kept in highly liquid low-risk assets so it can be deployed to back Hong Kong's monetary base and underpin the currency peg to the US dollar. Most of the rest consists ...

  3. Business - Companies

    More charitable donations from Hong Kong firms this holiday season

    Posted Dec 23rd 2013, 09:00am by Enoch Yiu

    ... including The Community Chest of Hong Kong, which has been our close partner for over 25 years,” said Alison Ho Cheuk-wai, head of corporate responsibility at Hang Seng Bank. The bank’s new donation ... Enoch Yiu enoch.yiu@scmp.com Steady economic growth and market performance has helped Hong Kong companies give more in this year’s festive season as corporate donations are often linked ...

  4. Business - Banking & Finance - INVESTMENT

    UBS plans to double invested assets of Asian clients over five years

    Posted Oct 14th 2013, 12:00am by Enoch Yiu

    ... plans for Asia despite job cuts UBS, Switzerland's biggest bank, plans to double invested assets of clients in Asia over the next five years even as it cuts 10,000 jobs and restructures its ... a visit to Hong Kong, because economic growth in the region would outpace that of the United States and Europe. "The reforms are aimed primarily at improving cost efficiency and productivity ...

  5. Business - Banking & Finance - THE INTERVIEW

    Students flock to finance despite global crisis

    Posted Oct 12th 2013, 12:00am by Enoch Yiu

    ... despite global crisis Lay-offs and bonus caps in many United States and European banks have hardly dampened Hong Kong students' enthusiasm for pursuing a career in banking. Enrolment ... the financial crisis. But at the entry level, many banks still offer very good packages, better than many other industries. The situation in Hong Kong is also closely related to that on the mainland. ...

  6. Business - Banking & Finance

    Hong Kong Exchange Fund's investment returns modest but stable

    Posted Oct 17th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Exchange Fund's returns modest The Exchange Fund, which is used to back the Hong Kong dollar, has produced only modest returns over the past few decades ... by a government official until the Hong Kong Monetary Authority was set up in April 1993. "The Exchange Fund managed to make a positive return almost every year and only suffered a loss of 5.6 per ...

  7. Business - Economy - CURRENCIES

    Hong Kong's dollar peg faces uncertainty with some seeing yuan link on the way

    Posted Oct 14th 2013, 12:00am by Enoch Yiu

    ... pointed out that in the aftermath of the Asian financial crisis, Hong Kong property prices fell for almost six years. While other Asian economies were able to devalue their currencies, Hong Kong ... dollar peg faces uncertain future The Hong Kong dollar's peg to the US dollar has provided the city's exchange rate with certainty for the past three decades but many bankers ...

  8. Business - Banking & Finance - COMPANY VISIT

    Brought home by noodles, broker eyes through train

    Posted May 30th 2014, 10:28am by Enoch Yiu

    ... Kong market in 1997, the year of the handover and the Asian financial crisis. That might not have been perfect timing, but Sun said the Asian crisis did not hurt the development of his firm, because its focus was more long term. "Seventeen years on, it's proved that we made the right choice to use the Hong Kong office as a hub for our Asian business," he said. "It ...

  9. Financial chaos leads ING back to the basics

    Posted Mar 09th 2009, 12:00am by Enoch Yiu

    ... to cut back expenses by Euro1 billion this year. This includes laying off 7,000 employees and selling some non-core operations in Taiwan and Canada. As part of cost-cutting measures, ING ... reserves to prepare for a new economic downturn. On the cost side, we will introduce a range of measures this year to cut costs by Euro1 billion, including cutting 7,000 jobs. This will make sure ...

  10. Accounting body helps to relieve crisis pain

    Posted Aug 04th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu Beancounters were given some relief from the financial crisis over the weekend, with the Hong Kong Institute of Certified Public Accountants announcing a HK$27.7 million aid ... its total to HK$4 million. It also plans to develop a series of training projects for members and accountancy students over the next two years. In all, the new initiatives will cost about ...




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