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  1. Off with their talking heads

    Posted Feb 06th 2012, 12:00am

    ... over an investment guru pontificating on where the markets are heading. The most remarkable aspect of this is the deference with which their predictions are treated, although it has been ... as in practically everything else in life, outcomes are hard to predict. Just how hard is reflected in a study conducted by economist Tim Harford, who looked at forecasts for Britain, the United States ...

  2. Heads Up

    Posted Jul 23rd 2007, 12:00am by Staff Reporter

    ... on Friday, while other regional markets, such as South Korea and the US stock market also appear to be headed for further gains. Bullish investors piling into the stock market are unlikely to give ... as bankers are off on summer holidays. Focus on consumer safety Meglena Kuneva, the European commissioner for consumer protection, is in China this week to meet with industry heads and officials ...

  3. Profits of mid-sized banks drop as state-owned giants dominate

    Posted Aug 17th 2009, 12:00am by Martin Zhou

    ... decline in net profit in the first half of the year, reflecting the predominance of state-owned big lenders in the latest round of credit boom as a result of loose monetary policy. The net profit ... are government-backed mega-sized infrastructure projects, which worked overwhelmingly in favour of the five leading state banks (with significantly bigger deposit base and better government connections),' ...

  4. Heads Up

    Posted Dec 10th 2007, 12:00am by Staff Reporter

    ... their biggest monthly losses in more than 10 years. If A shares weakened, Hong Kong's H shares, stocks of state-owned companies, could hardly escape unscathed. More of the same on growth Beijing ... Secretary Carlos Gutierrez will be accompanied by top officials from the trade, agriculture, health and environmental departments. Given the line-up from the United States, the talks are likely ...

  5. Sasac plans probe of state firms' big investments

    Posted Feb 11th 2009, 12:00am by Staff Reporter

    ... government reported a profit slump for the first time in six years, while several state-owned firms booked losses on their overseas investments. 'The examination will be headed by Sasac's ... Woods Lee and Adam Chen in Beijing Risk exposure and losses a concern The state assets watchdog will launch a nationwide probe of big investments and acquisitions by state ...

  6. Heads Up

    Posted Nov 26th 2007, 12:00am by Staff Reporter

    ... US$815 per ounce last week, and further gains are likely. The dollar is at record lows, which hurts anyone exporting to the United States and those of us earning Hong Kong dollars. Given ... leaders on currency as well as product safety issues. As is usual with these state visits, a few well-orchestrated business deals are likely to be announced on the sidelines. Global drug company ...

  7. Heads Up

    Posted Sep 10th 2007, 12:00am by Staff Reporter

    ... rates. Also, expect figures showing the mainland's lopsided trade relationship with the United States to prompt fresh calls for adjustments to the value of the yuan. US data this week ... to hear the views of economic masters, you'd best head to Beijing for the week. A handful of Nobel laureates and world-renowned scientists will be meeting from tomorrow to Friday to discuss ...

  8. Heads Up

    Posted Sep 03rd 2007, 12:00am by Staff Reporter

    ... the global credit squeeze and United States mortgage woes haven't disappeared, and if bulls need a reason to check their enthusiasm they won't need to look far to find it. US Federal ...

  9. Heads Up

    Posted Aug 20th 2007, 12:00am by Staff Reporter

    ... Cameron Dueck More questions than answers confront battered investors After suffering its worst rout in years last week, the Hong Kong market could be in for a bit of a breather in the coming days. But with more questions than answers before them, investors are unlikely to take the market in a clear direction, instead enduring another choppy week. Even the United States Federal ...

  10. Heads Up

    Posted Jul 09th 2007, 12:00am by Staff Reporter

    ... to political issues and worries over lower United States petrol output are pushing oil prices to near last summer's highs. The International Energy Agency on Friday will make its monthly global ...




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