Money | South China Morning Post
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  • Apr 19, 2015
  • Updated: 3:49pm
Chart of the day: More bets against the house in Macau

There is plenty of excitement around the casino-like behaviour of Hong Kong and mainland equity markets right now. 

17 Apr 2015 - 9:42pm

As China's economic data weakens, as mandated by Beijing, the Australian dollar slides, as the Reserve Bank hoped.

17 Apr 2015 - 10:36am

Attempts at a short-term rally in India's CNX Nifty Index are running into trouble. Signs a major market top may be forming have not been eradicated, leaving bulls butting into early March highs...

16 Apr 2015 - 11:06am

Foreign investors are becoming more optimistic about the yuan’s performance this year, with forward contracts hitting a three-month-high on Thursday, after Premier Li Keqiang said a weaker...

17 Apr 2015 - 9:08am

Central China Real Estate plans to tap the offshore bond market with a plan to issue US$300 million senior notes due in 2021.

It said in a filing with the stock exchange on Wednesday it...

17 Apr 2015 - 3:55pm

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

Chinese yuan forward contracts hit 3-month peak as depreciation fears recede

Foreign investors are becoming more optimistic about the yuan’s performance this year, with forward contracts hitting a three-month-high on Thursday, after Premier Li Keqiang said a weaker...

17 Apr 2015 - 9:08am

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

Japan's Mitsui Sumitomo Insurance to invest 40b yen abroad

Japan's Mitsui Sumitomo Insurance plans to invest more than 40 billion yen (HK$309.9 billion) in assets overseas such as bonds and stocks and further cut its domestic stock exposure this financial...

14 Apr 2015 - 9:57pm
China’s Finance Ministry issues rules on issuing local government bonds

China’s Finance Ministry has issued rules governing the issuance of general local government bonds in a bid to strengthen management of local debt that has fuelled concern about default risks.

17 Mar 2015 - 6:02pm
China’s Finance Ministry issues rules on issuing local government bonds

A regional central banker has called on regulators to centralise Mainland China’s rapidly developing bond market as the securities watchdog mulls a plan to let banks apply for broking licences.

16 Mar 2015 - 9:52pm

The Singapore Exchange said its China linked futures products turnover rose by six times after the launch of the stock through train scheme between Hong Kong and Shanghai last November.

9 Mar 2015 - 3:48pm
ETFs for China’s bond markets find few takers

Exchange-traded funds designed to let investors play China’s bond markets, which are mostly closed to foreigners, are facing a slow start amid concerns about mainland issuers’ credit quality, high...

6 Mar 2015 - 9:24am

Economy

As stock market surges, are the good times back for big spenders?

The surging stock market has brought quick rewards for some people - who are only too happy to treat themselves. But will it last?

19 Apr 2015 - 9:36am
As stock market surges, are the good times back for big spenders?

The market may be euphoric, but there are still glum faces around. The effects of the stock market's continuing good run have not percolated down to every sector.

19 Apr 2015 - 7:40am

One hundred years is a long time to be a lender to Mexico, as those who remember the 1980s, a decade during which it was mostly in default, will tell you.

17 Apr 2015 - 12:51pm

The emerging economies of the G24 group sharply criticised the United States on Thursday for holding up what they see as critical reforms of the International Monetary Fund.

18 Apr 2015 - 12:24am

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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