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  1. Child's play is a serious business

    Posted Mar 02nd 2007, 12:00am by Elizabeth Horscroft

    ... Elizabeth Horscroft I STARTED WORKING for Toys 'R' Us 18 years ago as a part-time sales associate, and I am now head of store operations. Right now, we are expanding because local people are buying more educational toys. It also helps that when a new type of toy goes out of style, people can always go back to the classics, such as Monopoly. The makers do gimmicks ...

  2. Business-sector gloom over the future

    Posted Nov 16th 2007, 12:00am by Staff Reporter

    ... to be competitive, a survey has shown. The General Chamber of Commerce interviewed 323 members for its annual business prospects survey, released yesterday. It showed that while most respondents were ... and are now having to comply with higher wages, stricter quality control, and environmentally friendly practices. The results, released at the end of the chamber's annual business summit, also ...

  3. HSBC may sell US mortgage business

    Posted Mar 07th 2007, 12:00am by Staff Reporter

    ... Maria Chan Bank mulls disposal of US$49b portfolio after bad debt provision hurts earnings HSBC Holdings, haunted by its poorly performing sub-prime mortgage business in the United States, ... the portfolio to other mortgage providers or to the group's investment bank, which would package it and pass it on to the market. The portfolio of the mortgage services business stands at US ...

  4. HSBC may quit US mortgage business

    Posted Mar 06th 2007, 12:00am by Staff Reporter

    ... package the portfolio and pass it on to the market. The mortgage services business portfolio is currently valued at US$49 billion (HK$382 billion). However, he said the bank had to take several ... mainly brought by its sub-prime mortgage business in the US. Mr Geoghegan has said the bank had already acted to curtail the problem through such steps as repackaging assets for disposal but?the ...

  5. HK ready to elect its leaders, say US business chiefs

    Posted Jun 28th 2007, 12:00am by Klaudia Lee

    ... he had taken advantage of Cepa himself to do business across the border. The businessman, chairman of Crown Relocations, also stressed that the city's low tax system should ...

  6. Regulations good for business in Asia

    Posted Sep 20th 2007, 12:00am by Staff Reporter

    ... Zoran Nedeljkovic Red tape is usually considered a poisoned chalice when it comes to efficient business in a free enterprise system, but a recent survey reveals that most respondents ... that on balance, finance executives in the Asia-Pacific region had a positive attitude towards business regulations. 'We live in an era of increasing regulation, but in other parts of the world ...

  7. StanChart buoyed by core business

    Posted Dec 06th 2007, 12:00am by Staff Reporter

    ... Maria Chan US$300m write-down not enough to stop pre-tax profit from rising 24.6pc Standard Chartered said yesterday its pre-tax profit could rise at least 24.6 per cent this year despite a combined hit of about US$300 million from three items, including a write-down in a structured investment vehicle (SIV). Richard Meddings, the bank's group finance director, said ...

  8. Carey ticket-holders: spare us the excuses, show us the money

    Posted Jun 16th 2007, 12:00am by Barclay Crawford

    ... Barclay Crawford It seems the money trail flowing from Mariah Carey's cancelled concert keeps on growing. And some in the legion still owed money by promoter One Group, who organised the failed gig scheduled for October 28, were none too impressed wi ...


    Posted May 30th 2007, 12:00am by Staff Reporter

    ... Mortgage: A loan where the borrower offers property or land as security to the lender until the loan is repaid. Payments are usually made every month over a long period of time, for example 25 years. US new home sales: An economic indicator that measures sales of newly built homes. The data is released by the US Department of Commerce's Census Bureau. The government also ...

  10. Business loses as Bush bars Citic-GE bid for AsiaSat

    Posted Apr 25th 2007, 12:00am by Staff Reporter

    ... Telecommunications Holdings is the latest in a long line of mainland-related deals that the United States has blocked for political reasons. At the root is a policy put in place by former US president George H.W. Bush, father of the current president. On June 5, 1989, the day after the Tiananmen Square crackdown, Mr Bush issued a moratorium on all US military exports to the mainland, including ...




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