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  • July 13, 2014
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  1. News - World - ECONOMY

    85 richest own wealth of half world's population, says Oxfam

    Posted Jan 21st 2014, 01:33am by AFP

    ... on the planet "own the wealth of half the world's population," Oxfam said in an introduction to a new report on widening disparities between the rich and poor. Winnie Byanyima, the Oxfam executive director who will attend the Davos meetings, said: "It is staggering that in the 21st century, half of the world's population- that's three and a half billion people- own ...

  2. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... "affordable quality care", especially for its ageing population and a middle class facing chronic diseases. The World Bank has forecast China's economic growth rate will reach about 7.6 per ...

  3. Business - Economy - ECONOMY

    The two Brazils

    Posted Jun 12th 2014, 11:53am by NICHOLAS SPIRO

    ... the second Brazil. This is the one of stagflation, double-digit interest rates, fiscal populism and worryingly low levels of productivity and investment. It is also the Brazil of rising social ...

  4. News - Hong Kong - ECONOMY

    Li Ka-shing’s rumoured plan to reduce investments ‘could damage Hong Kong’

    Posted May 09th 2014, 11:41pm by Sandy Li and Peggy Sito

    ... to sharpen its edge over other mainland cities. But Hong Kong faced a challenge because of its high level of dependence on the financial and real estate sectors and its rapidly ageing population ...

  5. Business - Economy - ECONOMY

    Small firms to feel pinch from Japan's tax cut plan

    Posted May 03rd 2014, 04:00am by Bloomberg

    ... could offer a pool of labour for more successful businesses at a time when the country's population is shrinking. "It's important to change the structure of the corporate tax ...

  6. Business - Economy - ECONOMY

    Ageing mainland faces challenges

    Posted Feb 04th 2013, 12:00am by Victoria Ruan

    ... challenges facing the nation's rapidly ageing population. The nation's working-age population of 15 to 59-year-olds fell for the first time last year, National Bureau of Statistics chief Ma ... populations mean that fewer workers are around, slowing growth unless productivity gains can be dramatically increased." The trend would also add strains to public finances and cause a shift ...

  7. News - Hong Kong - ECONOMY

    Li Ka-shing warns Hong Kong is a 'spoilt child' set on a dangerous path

    Posted Mar 06th 2014, 11:23pm

    ... child" and said the city was headed down a dangerous path of populism. If the trend was not stopped, the city would have gone "totally wrong" in as little as five years. In his second ... ends meet every day. "And it is also natural that such a situation gives rise to populism. But the important point is that society should find ways to resolve problems and not get stuck ...

  8. News - Hong Kong - ECONOMY

    Learn from Singapore's economic success, John Tsang tells Hong Kong

    Posted Feb 17th 2014, 04:54am by FANNY W. Y. FUNG

    ... for more than a third of its working population," Tsang wrote. "She has also created almost 30 square kilometres of additional land by reclamation. "Hongkongers may not necessarily ... and land," he said. He called on Hongkongers to support the administration's efforts in these two areas. In October, the government's population policy steering committee outraged labour ...

  9. News - China - ECONOMY

    Commerce Minister Gao Hucheng says China must improve trade quality

    Posted Mar 08th 2014, 03:59am by Victoria Ruan

    ... by adopting more advanced technology and innovation. Economic growth eased to 7.7 per cent last year, its slowest in more than a decade. An ageing population and rising competition from other emerging ...

  10. Business - Economy - ECONOMY

    India to tighten belt despite election

    Posted Feb 17th 2014, 04:47am by AFP

    ... due by May. "There is no room for populism. He will have to stay focused on the current account deficit, fiscal deficit and inflation," said Vivek Rajpal, an interest rates ...




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