The IMF urged Beijing to continue these efforts, and frame them with clear medium-term fiscal plans, to provide evidence that the reform agenda is fiscally sustainable.
They involved a total of 152.8 billion won (US$132.8 million) in 2010, up from 16.6 billion won in 2007, the data showed.
Dubbed the “King of Tokyo” by traders, the 53-year-old American seemed to have it all: wealth, professional acclaim and status as a patron of contemporary art.
Observers, however, are beginning to see some consistency regarding the implementation of new regulations across the globe, with the U.S. and Europe setting the bar and Asia catching up.
The Securities and Futures Commission said it had raised concerns that in more than 3,000 transactions, Societe Generale's clients had paid or received a different price for over-the-counter traded products than the price paid by the bank, with the d
Tin Lik, the developer, sold the Gateway Plaza in Beijing to the bank’s RREEF China Commercial Trust (625) in 2007 and alleged that investment bankers inflated rents from the property before the trust’s Hong Kong listing in June that year.
For a discussion of the HKMA and SFC's proposals in the Consultation Paper, please see our client briefing entitled "HKMA and SFC begin joint consultation process relating to the reporting, clearing and trading of OTC derivatives in Hong Kong&am