Standard Chartered warns of lower profits
(26 June 2014) Standard Chartered has said first-half operating profits will be 20% lower than a year earlier, blaming a slump in income from its financial markets business. The warning comes only three months after the Asia-focused lender reported its first fall in annual profits for a decade. The UK bank had been expected...
Taiwanese protesters hurl paint at PRC official’s convoy
Security staff surround China’s Taiwan Affairs Office Minister Zhang Zhijun, center back, after paint was thrown on his car as it entered National Sun Yat-sen University in Greater Kaohsiung on Friday evening. Photo: CNA (29 Jun) - A mess of white paint and joss paper greeted delegates to the second meeting between Mainland...
Why Vancouver housing is unaffordable and what to do about it
Metro Vancouver's astronomical real estate prices are caused mostly by high immigration and foreign investment, says UBC geographer David Ley, author of Millionaire Migrants. He shows how the problem is being tackled in four similarly skewed 'gateway' cities - Hong Kong, Sydney, Singapore and London. (27 June...
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