• Fri
  • Jul 11, 2014
  • Updated: 1:33am


Crackdown on Chinese officials likely to dent Macau casinos

It all gets very murky when the lethal cocktail of wealthy mainland gamblers is mixed with Macau casinos and huge debts. In Yang Kun’s case, it seems banking and gambling were a disastrous mix.

Wednesday, 22 May, 2013, 1:27am

Bocom profit slows as loan losses leap by a third

Bank of Communications (Bocom), the mainland's fifth-largest lender by assets, said net profit climbed 11.5 per cent in the first quarter but impairment losses on loans and advances surged by more than a third year on year.

26 Apr 2013 - 4:38am

China Development Bank grabs chance for aggressive global loan expansion

China Development Bank is now the world's largest for overseas loans and is playing a leading role in promoting Beijing's economic interests abroad.

13 Mar 2013 - 11:01am

DBS to expand Hong Kong loan book through China trades

DBS's 2012 yuan trade settlement surged 60 per cent year-on-year, said Sebastian Paredes, the Singapore-based bank's chief executive for Hong Kong. He predicted that business using the yuan will grow beyond the 17 per cent of total revenue that it reached last year.

13 Mar 2013 - 4:41am

Association bullish on loan market

Coming off a gloomy couple of years, the Asia-Pacific Loan Market Association has a positive outlook on the global loan market, because of the impact emerging markets are expected to have on it.

1 Feb 2013 - 5:22am

Manila, China inked rail loan payment deal amid row over contract's legality

The Philippine government and China's Export-Import Bank quietly signed an agreement last year for Manila to repay a concessional loan for the now-scuttled Northrail project.

1 Feb 2013 - 3:25am

Growing debt burden in mainland provinces causes concern

The debts of four provinces - Hubei, Jilin, Hainan and Hunan - are "fairly high" and may result in "high financial risks", said Terry Gao, an associate director at Fitch yesterday.

31 Jan 2013 - 2:40pm 2 comments

Letters to the Editor, January 23, 2013

Visionary in land-resource planning

Ian L. McHarg, who for over three decades was an influential advocate and practitioner of ecological planning, would have plenty to advise Hong Kong about, were he still alive.

23 Jan 2013 - 1:51am 3 comments

Chinese banks must raise their game

With China's new administration in place, the National People's Congress and Chinese People's Political Consultative Conference will meet again in March to come up with a new framework for the next stage of China's economic growth. Boosting household consumption and private-sector-led growth will be at the top of the agenda.

15 Jan 2013 - 3:41am

Japan to loan Myanmar US$615 million

Japan is to provide Myanmar with US$615 million in government loans, a report said on Sunday, just days after the United States scrapped a ban on most imports from the long-isolated Southeast Asian nation.

18 Nov 2012 - 11:25am