Standard Chartered

Globe secures USD90m loan facility to fund CAPEX plans

telegeography.com     10 hrs ago          

The Philippines’ second largest telecoms group Globe Telecom today announced it has secured a PHP4 billion (USD90 million) five-year loan facility to fund its capital spending programme in 2008. Reuters reports that Globe told...                

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Himachal serves notice to Brakel on power project deal

newdelhinews.net     7 hrs ago   3 related          

After dilly dallying for more than a fortnight, the Himachal Pradesh government has finally served show-cause notice to Brakel Corp NV of Netherlands asking why a multimillion dollar hydro power project contract awarded to it...                

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Hong Kong shares close lower on fresh US worries; banks, commodities hit UPDATE

finanznachrichten.de     11 hrs ago   10 related          

HONG KONG (XFN-ASIA) - China coal miners extended yesterday's losses, with Shenhua Energy slumping more than 6.7 pct, after mainland authorities said they will tighten controls on spot coal prices. Turnover was 61.39 bln hkd....                

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FTSE closes lower as banks and insurers weigh

reuters.co.uk     5 hrs ago   8 related          

By Atul Prakash LONDON (Reuters) - The blue-chip index ended 0.2 percent lower on Friday, as banking and insurance stocks fell on a gloomy economic outlook, outweighing gains in commodities and retail sector shares. The...                

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UPDATE 1-JM Financial sells fund unit stake for expansion

reuters.com     9 hrs ago          

MUMBAI, July 25 (Reuters) - JM Financial Ltd (JMSH.BO: ) said on Friday it will sell a 12 percent stake in its fund unit, JM Financial Asset Management, to raise 1.12 billion rupees to fund expansion. "We want to maintain a...                

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RPower to raise $4 bn via ECBs

hindustantimes.com     5 hrs ago          

HT Correspondent, Hindustan Times After the largest ever public offer in the Indian capital market industry, Anil Ambani-controlled Reliance Power is on the verge of creating another benchmark. Reliance Power is planning to...                

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Standard Chartered Bank (China) launches yuan debit card

chinarealnews.typepad.com     12 hrs ago   2 related          

2008-7-25 Beijing Standard Chartered Bank (China) Ltd yesterday launched its first yuan-denominated debit card. The bank also signed an agreement with China UnionPay for cooperation. Card users can withdraw cash and perform...                

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UAE- Capital gains tax urged to dampen speculation

menafn.com     13 hrs ago   4 related          

Dubai's property market boom is showing signs of overheating, prompting Standard Chartered Bank to call for the imposition of taxes on properties being bought and sold in the emirate within 12 months and the regulation of...                

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Hong Kong shares end morning lower as banks, commodity stocks slide - UPDATE

finanznachrichten.de     15 hrs ago          

HONG KONG (XFN-ASIA) - Meanwhile, National Australia Bank said it has set aside 830 mln aud provision for credit market losses, taking total provisions for its holding of distressed US mortgage-backed securities to over one bln...                

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Globe gets $90M loan facility for capital spend

inquirer.net     17 hrs ago   2 related          

MANILA, Philippines -- Globe Telecom, the Philippines' second-largest phone company, said on Thursday it has secured a P4 billion ($90 million) five-year loan facility to fund capital spending this year. Globe told the...                

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