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COPYRIGHT 2001 Asia Pulse Pty Ltd
An executive briefing on banking for Feb 5, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
S&P REVISES UP AUSTRALIA'S SUNCORP METWAY RATING TO POSITIVE
BRISBANE - Suncorp Metway Ltd (ASX:SME)'s outlook has been revised by Standard & Poor's to positive from stable, and affirmed the group's A-minus long-term and A2 short-term counterparty credit ratings.
The long-term A-minus insurer financial strength and counterparty credit ratings of Suncorp Life and Superannuation Ltd and Suncorp Metway Insurance Ltd also have been affirmed and are on positive outlook.
CHINA TO START PILOT FOREX REPATRIATION SYSTEM THIS WEEK
BEIJING - China's new foreign exchange repatriation system will start pilot operation in Beijing on February 8, the State Administration of Foreign Exchange (SAFE) announced jointly with some other departments.
According to a circular issued by the SAFE, the new system, jointly developed by the SAFE and the...
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