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  • April 19, 2014
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  1. Business - Banking & Finance - REFORMS

    Euro zone takes another shot at banking union

    Posted Mar 12th 2014, 01:26am by Reuters

    ... Reuters in Brussels Ministers go into a huddle to redouble efforts to avoid a delay in the centrepiece crisis reform Euro zone takes another shot at banking union European ministers ... as banking union- is the most ambitious political project in Europe since the euro. Yet it means different things for the countries involved. While France and Spain see it as a step towards sharing ...

    http://www.scmp.com/business/banking-finance/article/1446707/euro-zone-takes-another-shot-banking-union
  2. Business - Companies - RETAILING

    Shake-up in money transfer business looms with Wal-Mart's new service

    Posted Apr 19th 2014, 01:09am by AP

    ... for a US$4.50 service fee and up to US$900 for US$9.50. Comparable services elsewhere cost up to US$70 when transferring less than US$1,000, Wal-Mart said. Western Union's website puts the price ...

    http://www.scmp.com/business/companies/article/1487618/shake-money-transfer-business-looms-wal-marts-new-service
  3. Business - China Business - TRADE

    Higher quality trumps higher prices at Canton Fair

    Posted Apr 18th 2014, 01:17am by Denise Tsang

    ... and European Union were either forced to move up the technology ladder and value chain or relocate to remote parts of the mainland or even outside the country. Shenzhen-based bathroom vanities maker ... manufacturers are cautiously optimistic about future prospects, as there are signs the US economy is recovering faster and the European Union is emerging from recession." A second part ...

    http://www.scmp.com/business/china-business/article/1486393/higher-quality-trumps-higher-prices-canton-fair
  4. Business - China Business - EXPORTS

    Higher quality trumps higher prices at Canton Fair

    Posted Apr 17th 2014, 01:29pm by Denise Tsang

    ... for the top export markets of the United States and European Union were either forced to move up the technology ladder and value chain or relocate to remote parts of the mainland or even outside ... difficult,” he said. “Many manufacturers are cautiously optimistic about future prospects, as there are signs the US economy is recovering faster and the European Union is emerging from recession.” ...

    http://www.scmp.com/business/china-business/article/1485887/higher-quality-trumps-higher-prices-canton-fair
  5. Business - Economy

    France's growth push sets up showdown with Brussels

    Posted Apr 03rd 2014, 10:10am by NICHOLAS SPIRO

    ... Brussels has been pressuring France to adhere to its commitment to bring its budget deficit within the European Union's limit of 3 per cent of GDP by next year and push ahead with structural ...

    http://www.scmp.com/business/economy/article/1463641/frances-growth-push-sets-showdown-brussels
  6. Business - China Business - INVESTMENT

    Russia looks east for new investors

    Posted Apr 17th 2014, 01:09am by Toh Han Shih

    ... relations between the European Union and Russia will fall off "slightly" because of the Ukraine crisis, Yi said. "It will be a huge opportunity for Chinese and Hong Kong companies ...

    http://www.scmp.com/business/china-business/article/1484836/russia-looks-east-new-investors
  7. Business - Economy - Unemployment

    High minimum wage kills jobs and makes poor worse off

    Posted Mar 31st 2014, 11:31am by STEVE HANKE

    ... for America," he said in his recent State of the Union address. As the worldwide economic slump drags on, the political drumbeat to either introduce minimum wage laws (read Germany) or increase ... at the data from Europe. There are seven European Union countries in which no minimum wage is mandated- Austria, Cyprus, Denmark, Finland, Germany, Italy and Sweden. Compare the levels of unemployment ...

    http://www.scmp.com/business/economy/article/1461593/high-minimum-wage-kills-jobs-and-makes-poor-worse
  8. Business - Comment - LAI SEE

    Fishy business on the rise in Hong Kong

    Posted Apr 04th 2014, 12:29am by Howard Winn

    ... shelter during typhoons was 90 per cent, Kwun Tong 45 per cent, To Kwa Wan 54 per cent, and the occupancy for the huge 76.6 hectare Hei Ling Chau shelter was 6 per cent.   UnionPay again The name UnionPay has unfortunately become indelibly associated for many people with the almost farcical events of last year which surrounded the introduction of HSBC's new automated teller machine ...

    http://www.scmp.com/business/article/1464217/fishy-business-rise-hong-kong
  9. Business - Commodities - ENERGY

    Russia close to reaching gas supply deal with China

    Posted Apr 10th 2014, 01:01am by Reuters

    ... it for pursuing closer ties with the European Union. ...

    http://www.scmp.com/business/commodities/article/1472382/russia-close-reaching-gas-supply-deal-china
  10. Business - Comment - MONEY MATTERS

    Let's hope Hong Kong reputation finds a seat as through train sets off

    Posted Apr 12th 2014, 12:56am by Shirley Yam

    ... is a marriage of the beauty and the beast. Mind you, even marriage between beauties is rare. There are mutual recognition schemes within the European Union; between Australia and New Zealand; ...

    http://www.scmp.com/business/article/1476999/lets-hope-hong-kong-reputation-finds-seat-through-train-sets

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