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The position of the right of pledge after bankruptcy on goods that are delivered subject to retention of title

On 3 June 2016, the Supreme Court ruled that a valid right of pledge can be established on goods that are delivered subject to retention of title (of ownership). If the buyer is declared bankrupt, the conditional ownership can become an uncondition...




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A commentary on So Sau Lai Connie v DBS Bank (Hong Kong) Ltd

The case of So Sau Lai Connie v DBS Bank (Hong Kong) Ltd [2017] HKEC 29 is a typical letter of credit fraud case. This case illustrates whether certain “red flags” may constitute discrepant presentation or a fraud indication. Background ...




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Banks owe no duty of care to an applicant of an injunction order

The position of banks being served with a Mareva injunction order has been clarified in Hong Kong. In the recent case of Grasberg Capital Asia Limited v Bank of Communications Limited (HCA 2016/784)*, the Court considered the question of whether a b...




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Eversheds Harry Elias Enhances Banking and Financial Services Practice with First Lateral Partner Hire since merger

  The Singapore office of global legal practice Eversheds Sutherland today announced the appointment of Gerard Ng as a partner in the Banking and Financial Services Practice group. With over 20 years of experience, Gerard is a specialist in len...




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Bank Of Hawaii Has A Wide Moat But Little Opportunity To Reinvest




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Israel Cracks Down on Banks Over Payments to Palestinian Inmates

An Israeli military order forbids banks in the occupied West Bank from processing payments that the Palestinian Authority distributes to the families of Palestinians who have spent time in Israeli jails. ......




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US to recognise Israel’s annexation of 30% of West Bank area

US Ambassador to Israel David Friedman has confirmed that the US is ready to...




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World Bank approves $400m funding injection for Afghanistan

The World Bank approved a $400 million grant on Friday to help Afghanistan deal with the coronavirus while maintaining economic and public finance reforms. The grant will support efforts to improve business regulation and encourage private investment, improve taxation capacity and expand social inclusion, among others. It is made up of $160 million from the International Development...




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Bank of Jamaica Swap Results_ 8 May 2020

MARKET NOTICE 08 May 2020 Bank of Jamaica FX Swap Arrangement Report for Week Ended: 08 May 2020 For...




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Tyra Banks Admits Some America’s Next Top Model Moments Were Over the Line

Earlier this week, the Internet revisited clips of America’s Next Top Model, which premiered in 2003 on UPN and has aged pretty badly ever since, in which host ... More » ......




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Softbank-backed delivery startup Rappi is testing out robots for contactless delivery — take a look

Photo from Fredy Builes/VIEWpress via Getty Images) Colombian delivery app Rappi is testing pilot robot deliveries in Colombia. Rappi operates in several Latin American countries, and last year SoftBank invested one billion dollars into the startup. Deliveries are made using Kiwibot, a delivery robot from a Colombian owned company in California. Visit Business...




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Turkey bars 3 foreign banks from FX transactions

Turkey has blocked three foreign banks- BNP Paribas, Citibank, and UBS- from doing foreign exchange transactions with the Turkish lira, the nation’s banking watchdog announced on May 7. 




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Young people need a bailout: Cancel student debt held by national banks

A more equitable and fair society, able to conquer the effects of pandemics, starts with debt-free education and skills development

The post Young people need a bailout: Cancel student debt held by national banks appeared first on The Mail & Guardian.




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BOJ’s monetary easing lags behind U.S. and European central banks

Monetary easing measures adopted by the Bank of Japan lack boldness.





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Czech robs bank in Switzerland; later found by police having a beer at a local pub

Prague Daily Monitor

The city of Chur, Switzerland had some excitement on Thursday when a 55 year-old Czech walked into a bank with a pistol, shooting into the ceiling twice, terrifying patrons. The man managed to walk away from the bank with several tens of thousands of Swiss Francs. The suspect was found soon after, sitting in a pub calmly, drinking a beer reported a Swiss daily Tages-Anzeiger.

read more




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Hong Kong’s ‘king of judicial reviews’ faces bankruptcy proceedings but the serial litigant remains unrepentant

A serial litigant known for taking the Hong Kong government to court faces being declared bankrupt after the justice department filed a petition against him.Retired civil servant Kwok Cheuk-kin, dubbed the “king of judicial reviews” by the media, has been filing applications with the High Court since 2006, often challenging the legality of government policies and decisions.But many of his attempts ended in failure, and despite being ordered to bear the government’s legal costs in such…




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Financial watchdog SFC has fined 10 banks almost HK$1 billion for IPO failures … but investors got nothing. Now they’re demanding change

Investors and lawmakers in Hong Kong are urging regulators to seek compensation for people who lose money when listed companies collapse shortly after their initial public offerings.Under the current system, when banks sponsoring IPOs are found to have fallen short in their due diligence duties, the proceeds of any fine imposed by the watchdog goes to the government, not investors. Those fines amount to almost HK$1 billion (US$130 million) over the last 20 years, according to calculations by…




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Time for the World Bank and IMF to Be the Solution, Not the Problem

Franciscka Lucien is Executive Director of the Institute for Justice & Democracy in Haiti. Joel Curtain is the Director of Advocacy at Partners in Health.

The post Time for the World Bank and IMF to Be the Solution, Not the Problem appeared first on Inter Press Service.




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News24.co.ke | Equity bank in Nairobi robbed over what is believed to be millions

A group of suspected thieves robbed the Equity Bank, Kayole Branch in Nairobi on Saturday night getting away with a undisclosed amount of money.




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Bathroom Banksy: Street-artist's lockdown work

Banksy has followed official UK advice to stay at home during the coronavirus pandemic, much to his wife's concern.




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State Bank's Refinance Scheme for small businesses fails to take off

ISLAMABAD: The State Bank of Pakistan’s Refinance Scheme for Small Businesses has so far failed to take off due to multiple reasons as the commercial banks are not designed and fully equipped to provide credit line to Small and Medium Enterprises .“The SBP’s RefinanceScheme for...




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Creating a digital path for the unbanked -- by Lotte Schou-Zibell

In the Philippines, cloud-based technology is being used to address the financial exclusion that helps fuel poverty and inequality.




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COVID-19 highlights Asian banks’ vulnerability to U.S. dollar debt -- by Cyn-Young Park (朴信永), Peter Rosenkranz

The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.




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53rd Annual Meeting of the Asian Development Bank

The Annual Meeting of the ADB Board of Governors is an opportunity to provide guidance on ADB administrative, financial, and operational directions. The meetings provide opportunities for member governments to interact with ADB staff, nongovernment organizations (NGOs), media, and representatives of observer countries, international organizations, academe and the private sector. ADB’s annual meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.




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Indian Bank puts Gautham Menon’s property on the block

CHENNAI: The Kotturpuram branch of Indian Bank has invited tenders for auction of a property belonging to film producer and director Gautham Vasudev Menon in Adyar. As per details on Tenders India (a government tender information system), the auction process for the property located on First Main Road in Indira Nagar, has begun with the tender value being quoted at 12.26 crore. The winning bidder, expected to put up 50 lakh as a deposit. The property is 7,091 sqft, and the market price of each ground (2,400 sqft) in the area is 4.5 crore to 5 crore. “This particular account has been a non-performing asset (NPA) for some time and […]




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Azərbaycan və Asiya İnkişaf Bankı (1999-2019): 20 illik tərəfdaşlıq

Bu nəşrdə Azərbaycanda şaxələndirilmiş, inklyuziv və dayanıqlı artım naminə Asiya İnkişaf Bankı (AİB) və Azərbaycan Hökuməti arasında əməkdaşlığın və birgə səylərin xülasəsi təqdim edilir.




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Effective Approaches to Poverty Reduction: Selected Cases from the Asian Development Bank

This report presents nine case studies on poverty reduction projects financed by ADB in Mongolia, Nepal, the People’s Republic of China, the Philippines, Sri Lanka, Uzbekistan, and Viet Nam.




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Dentons advises biotech company Pluristem on European Investment Bank financing

Global law firm Dentons has advised the Israeli biotech company Pluristem on a €50 million loan provided by the European Investment Bank (EIB). The financing is part of a cooperation agreement between the EIB and the Israel Innovation Authority, which aims to strengthen Israeli-EU cooperation in innovative research in the field of biotech, pharmaceutical research and public health.




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Testing Fintech Bank Solutions in the Philippines

ADB pilot project with the Philippines’ Cantilan Bank tests cloud-based banking.




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Beware of what you are “banking” upon

TNS Your bank may be disbursing home loans without due diligence of realty projects. So don’t be lax in checking out the builder’s credentials If you believe that the project in which you have booked your flat is free from all the issues just because your bank has cleared your loan application and approved the required amount — then it’s time to think again. While many buyers think that the lending bank usually carries out all the checks before approving loan for a project, the reality is very different. It has been seen that banks are not doing enough to gauge the authenticity of housing projects before disbursing loans. There […]




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Reserve Bank Scheme to Allow Ownership of Property Abroad

KOCHI: You have got some disposable amount, and want to own a real estate asset abroad. Now, it is possible as the Reserve Bank of India (RBI) allows resident Indians to remit money abroad for the purchase of immovable properties. According to a new RBI directive, banks are allowed to remit up to US$125,000 (around Rs 75 lakh) every financial year for any permitted current or capital account transaction, or a combination of both. The money can be used for purchasing immovable property outside India. Financial experts point out that the new norms might be helpful for the state as it would be easier for Keralites to spot properties due […]



  • Banking and Finance
  • Real Estate Developers
  • Real Estate India

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Loans from My Neighbors: East Asian Commercial Banks, Banking Integration, and Bank Default Risk

Banking integration lowers bank default risk in recipient countries.




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Loans from My Neighbors: East Asian Commercial Banks, Banking Integration, and Bank Default Risk

Banking integration lowers bank default risk in recipient countries.




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A British nurse is the chosen superhero in new Banksy artwork

A young boy chooses a nurse as the superhero he wants to play with over Batman and Spiderman in a new artwork by Banksy that encapsulates the gratitude Britons have felt toward the country's National...




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Contaminated banknote images reveal how money gets caked in bacteria

Artist Ken Rinaldo encourages the bacteria on banknotes to grow and spread to explore colonialism in his touring show, Borderless Bacteria/Colonialist Cash




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Bankruptcy court approves Neiman Marcus' plea to access financing

U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of its debtor-in-possession financing, which will allow continuity of the company's business during Chapter 11 bankruptcy proceedings and enable it to pay employees and vendors.




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Banksy's 'Girl with a Pierced Eardrum' gains a coronavirus face mask

Banksy's "Girl with a Pierced Eardrum" has been updated for the coronavirus era with the addition of a blue surgical face mask.




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A British nurse is the chosen superhero in new Banksy artwork

A young boy chooses a nurse as the superhero he wants to play with over Batman and Spiderman in a new artwork by Banksy that encapsulates the gratitude Britons have felt toward the country's National Health Service during the coronavirus crisis.




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UPDATE 1-Republicans urge Trump to bar banks from shunning fossil fuel loans

A group of Republican lawmakers from energy-producing states on Friday called on President Donald Trump to prevent banks from halting loans and investments with companies that produce oil and other fossil fuels while they have access to federal assistance programs during the COVID-19 pandemic.




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Bankruptcy court approves Neiman Marcus' plea to access financing

U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of its debtor-in-possession financing, which will allow continuity of the company's business during Chapter 11 bankruptcy proceedings and enable it to pay employees and vendors.




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REFILE-South Africa suspends use of Land Bank debt as collateral after default

South Africa's central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.




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Artist Banksy pays superhero tribute to Britain's NHS staff

A young boy chooses a nurse as the superhero he wants to play with over Batman and Spiderman in a new artwork by Banksy that encapsulates the gratitude Britons have felt toward the country's National Health Service during the coronavirus crisis.




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Stocks rebound helped by bank rally

Stocks moved higher in Thursdays trading session; Retail sales fell for the third straight month; Houshold net worth hit a new record. Bobbi Rebell reports.




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Bank of England predicts worst slump in 300 years

The Bank of England says the UK faces its worst slump in 300 years, but on Thursday held off from any moves on rates or bond buying. Julian Satterthwaite reports.




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Luxury retailer Neiman Marcus files for bankruptcy

Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemic. Freddie Joyner has more.




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'Breast Milk Banks' Gain in Popularity

Title: 'Breast Milk Banks' Gain in Popularity
Category: Health News
Created: 4/29/2014 9:35:00 AM
Last Editorial Review: 4/29/2014 12:00:00 AM




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Geospatial assessment methods for geotechnical asset management of legacy railway embankments

Most British railway embankments were constructed between 120 and 180 years ago without the benefit of modern design and construction methods. This can result in undesirable load-deformation characteristics and consequent disruption to present-day railway operations, for which there is unprecedented demand. Annual rail passenger kilometres have approximately doubled in the last 20 years and freight has increased by 60% over the same period. Whereas elements such as rails or bridges can be refurbished or replaced to meet increasing demand, the same is not usually feasible for embankments. Development of techniques to assess embankment performance risks posed by operational capacity enhancements is therefore of increasing significance to railway geotechnical asset management. The two case studies presented in this paper demonstrate how geospatial analysis and data management techniques may be applied to this challenge at both strategic (regional or national) and tactical (site-specific) scales for embankments incorporating plastic clay fill. The case studies also demonstrate, in a world of ever more abundant data, the growing need for engineering geologists and geotechnical engineers to augment their traditional knowledge with comprehensive data management and geospatial analysis skills, these being essential for modern infrastructure asset management.

Thematic collection: This article is part of the ‘Ground-related risk to transportation infrastructure’ collection available at: https://www.lyellcollection.org/cc/Ground-related-risk-to-transportation-infrastructure




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Townhouse for sale on 3/2 Street, District 10, near supermarket & bank, 39,9 billion, 8m x 18,5m

Townhouse for sale on 3/2 Street, District 10, HCMC Price: 39.9 billion VND, 8m x 18.5m, ground house + mezzanine + 3 floors. Rental price: 72.58 million VND Nice location; fast procedure; suitable for Business; near restaurants, supermarkets, schools, malls, etc. If you are inte...




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