Money | South China Morning Post
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  • Jan 30, 2015
  • Updated: 12:11am

27 Jan 2015 - 9:23am

28 Jan 2015 - 12:49am

23 Jan 2015 - 9:30am

The euro may have hit an 11-year low against the US dollar on Thursday after the European Central Bank unveiled a €60 billion (HK$536.7 billion) monthly asset purchase plan, but there is...

23 Jan 2015 - 8:13pm

Stock Quotes

Markets

Wealth

Christie’s brushes off political turmoil in China to notch highest-ever art sales in 2014

Christie’s once again saw a record year of sales – led by aggressive art buyers from Asia, especially out of Hong Kong and mainland China – despite a more challenging market.

20 Jan 2015 - 6:15pm
Christie’s brushes off political turmoil in China to notch highest-ever art sales in 2014

The world’s richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into...

23 Jun 2014 - 9:26pm
Christie’s brushes off political turmoil in China to notch highest-ever art sales in 2014

At last, a man with a mission and a breath of fresh air after all those cliched charity balls. We’re talking about Mission Possible, a fund raiser that’s fun, with zero expenses and every cent...

6 Mar 2014 - 5:57pm
Christie’s brushes off political turmoil in China to notch highest-ever art sales in 2014

It’s worked in Los Angeles, London, New York and Amsterdam but it will be interesting to see how Hyatt’s Andaz concept goes down in Tokyo. Most global hotels still stick to: guest arrives, bellboy...

27 Feb 2014 - 11:15am
Christie’s brushes off political turmoil in China to notch highest-ever art sales in 2014

Meet Boris the Chair

26 Feb 2014 - 11:51am

Battling Portfolios

See how the experts manage two imaginary HK$50million portfolios.

  • HK49.60m
  • HK57.57m

Money News

China facing capital outflow pressures - SAFE

 

China faced pressures from capital outflows in recent months at a time of rising cross-border volatilities, a senior official at the State Administration of Foreign Exchange (SAFE) said...

22 Jan 2015 - 2:29pm

Spending

Smartwatch market gets unexpected assist from Swiss franc surge

The market for Apple Watch and similar "smart" devices may have received an unexpected boost from the Swiss franc's recent record surge.

21 Jan 2015 - 7:32am
Hongkongers No 4 in world in material well-being

Hongkongers are perched comfortably near the top of a global ranking of material well-being, a new World Bank study shows.

1 May 2014 - 7:46am
Hongkongers No 4 in world in material well-being

British retailers slashed prices at the fastest rate in at least seven years during the January sales, industry figures showed on Wednesday, highlighting tough trading conditions despite an...

5 Feb 2014 - 2:49pm

The spending habits of the mainland consumer have been well dissected, as have the buying preferences of their travellers. But what about their peers who go abroad and stay there?

20 Dec 2013 - 4:18pm
Why is it so hard to find cheap air tickets in Hong Kong?

“For sure, one of the best things about living in Singapore is how easy it is to get a cheap flight,” says Alessandra Chu, a Hongkonger who moved to Singapore three years ago for work as a...

15 Jul 2013 - 5:14pm

The world's largest online travel company Expedia launched its Hong Kong site this month with a best price guarantee: should a customer find a better price online for the exact same trip within 30...

15 Jul 2013 - 10:31am

Markets & Investing

Top hedge fund sees China's stocks on hold in first half

One of China's top performing hedge funds says investors will have to wait until the middle of this year before the country's equities resume their world-beating rally.

26 Jan 2015 - 6:00am
Bond fund manager Fuss plunks new investments in shorter maturities

Top bond fund manager Dan Fuss boosted investments in developed bond markets in the past quarter, lowering the cash level in his flagship bond fund to 20 per cent this month from 27 per cent in...

28 Nov 2014 - 2:57am
Bond fund manager Fuss plunks new investments in shorter maturities

Canadian insurer Manulife plans to issue C$500 million (HK$3.44 billion) bonds by offering a mixed of fixed and floating rates, the company said in a statement with the Hong Kong stock exchange on...

27 Nov 2014 - 9:32am

Australia's securities regulator announced it is taking legal action seeking fines and disbarment orders against directors of an A$800m (HK$5.3 billion) property fund whose collapse in March last...

21 Nov 2014 - 6:59am
Reforms on insurance-linked investment products bring shake-up

In June, primary school teacher Jayne Ellis complained to the South China Morning Post when she found out her savings were actually locked into several multi-year contracts, called investment-...

11 Aug 2014 - 4:41am

Economy

Proposed Asia-Pacific free trade area signals start of new era of trade cooperation

The proposed Free Trade Area of the Asia-Pacific (FTAAP), which includes China and the United States, would one day render Apec redundant, according to the latter's executive director, Alan...

30 Jan 2015 - 12:07am
Proposed Asia-Pacific free trade area signals start of new era of trade cooperation

The Federal Reserve said the US economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year....

29 Jan 2015 - 9:54pm

Taiwan's export-driven economic growth could be entering a seasonal slowdown that may last longer than usual if current soft conditions outside the United States herald a downswing for major...

29 Jan 2015 - 8:26pm

Emerging market economies will be driving the global trade talk agenda in Apec through 2020 and the group must tackle a widening gap in incomes and try to restore the faith of people that trade...

Updated 29 Jan 2015 - 11:15pm

Q&A With Our Experts

Life is a lottery. Why bother with financial planning?

Life is a lottery and, even for the most controlling, mostly beyond our control. All we can hope for is to manage the odds and relish the evens.

Financial planning is, at least, risk management and, at best, wealth enhancement.

Full answer

I'm 45 and my annual health checks are great with no hint of the heart problems that killed my Dad and his Dad. My wife is 47 and in good health but smokes. My employer provides generous medical benefits for the family. I love my job and have no plans to move but my industry is fickle. Should I look for some sort of back-up cover?

Full answer

We have property in Australia and a bit of superannuation there. Was there anything arising from last month's federal budget that we should be aware of?

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