Investors carved HK$67 billion off Standard Chartered Bank yesterday, or nearly a sixth of its stock market value, despite the bank's quick denial of US regulator claims it engaged in illegal dealings with Iranian financial institutions.
SCMP, August 8Wednesday, 15 August, 2012, 11:16pm
Our editors will be looking ahead today to these developing stories ...
Legco panel meets on west wing redevelopment22 Nov 2011 - 12:00am
CSR Corporation, one of the two dominant state-owned rolling-stock builders, yesterday announced agreements worth 7.16 billion yuan (HK$8.74 billion).25 Aug 2011 - 12:00am
Friends of China should ask it to consider the potentially dangerous repercussions of the nation's increasingly assertive diplomatic and military behaviour. The policy poses real dangers to the peace of Asia, but ultimately the biggest loser will be China itself.21 Jun 2011 - 12:00am
Under the radar of the world's press, Education International, a federation of unions representing 30 million teachers in schools and universities in 172 countries, agreed an important declaration last week.4 Apr 2009 - 12:00am
The classic definition of a failed state is one whose central government is so weak or ineffective that it has little practical control over its territory. I predicted, at the start of the year, that this would be the fate to befall Pakistan in 2009. Such a development comes in marked incremental stages, and the nation has some way to go yet.6 Mar 2009 - 12:00am
Today Pakistan is probably the most dangerous nation in the world, but it is India, not Afghanistan and al-Qaeda, that now bears much of the responsibility for this and, arguably, is the country that holds the key to the beginnings of a solution.26 Feb 2009 - 12:00am
Next week, US Secretary of State Hillary Rodham Clinton is due to make her first trip to Beijing. She must make a case for China - a regional stakeholder - to play a greater role in stabilising Afghanistan and Pakistan.12 Feb 2009 - 12:00am
It is a magnificent land, a high plateau, landlocked, windswept and freezing in winter, sweltering, parched and dry in summer. It has a proud people who almost reflect the tough climate; rugged, stubborn, fiercely tribal, traditionally loyal but with a tenacious mean streak if they consider themselves wronged.29 Mar 2008 - 12:00am
In May last year, there was a huge riot in Kabul. It began when an American military truck sped through the city, smashing into several local cars and killing people. The convoy was immediately surrounded by angry Kabul citizens. Panicking, American soldiers shot four of them. President Hamid Karzai made no public attempt to quell the exploding tensions, and chaos ensued.11 Sep 2007 - 12:00am