Gold is the precious metal associated with Chinese communities the world over, but for centuries silver had a more important everyday function.
A senior mainland central bank official has expressed dismay over the lack of law enforcement against money laundering, particularly when its affluent eastern regions had become a gateway for...
Locally dominant Filipino companies are feeling the heat from low-cost start-ups
Foreign banks have threatened to hold hostage the multi-billion-dollar inflow of cash from Filipinos working overseas, if Manila's anti-money laundering laws are not amended.
Lawmakers yesterday demanded the Post Office stop operating three loss-making services, saying it would help to reduce its annual $80 million deficit.
Updated at 3.06pm:
A staggering eighty new bank charges have been levied in the past year, a Consumer Council survey revealed on Monday.
A man, 35, was jailed for seven years in the Court of First Instance after admitting theft, false accounting and forgery. He used his firm to send false telexes to instruct a bank in New York to...
The Treasury has declared its productivity campaign a success, saying it will achieve its aim of a five per cent saving one year ahead of schedule.
HSBC is expected to come under pressure to pay interest on remittances it delays crediting to accounts following a ruling against the giant bank.
Beijing's move to tighten capital outflows has caused delays among red chips in remitting money to Hong Kong but the mainland-backed companies have played down the impact on operations.
Rural incomes and spending are falling more steeply than expected, a survey in Hunan, Henan and Sichuan provinces found.
The survey, reported in the People's Daily, is a fresh sign...
I refer to the letter sent by a housewife and mother of three entitled, 'Housewife's economic tips' (South China Morning Post, January 27).