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  • April 16, 2014
  • Last updated: 1:37pm
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  1. Business - Economy - ECONOMY

    World Bank cuts growth forecast for Asia-Pacific, China GDP to gain 7.7%

    Posted Oct 09th 2012, 12:00am by Lulu Chen

    ... forecast for Asia-Pacific The World Bank cut some of its growth forecasts for Asia yesterday on the back of weakening economic growth prospects in China and uncertainties brought about by turmoil in Europe. The bank trimmed this year's growth outlook for developing economies in the Asia-Pacific to 7.2 per cent, down 0.4 percentage point from its forecast in May. For China, ...

  2. News - China - ECONOMY

    Asia forum to focus on reform and growth

    Posted Apr 08th 2014, 02:40am by Adrian Wan, Li Jing

    ... Adrian Wan in Boao, Hainan province and Li Jing Boao conference organisers say region must find new ways of driving its economies amid sluggish global demand and rising costs Asia forum to focus on reform and growth Asia needs to find new ways to drive growth amid a sluggish global economy, according to the secretary general of the Boao Forum. Countries including China have seen ...

  3. News - Business - ECONOMY

    Swire Pacific eyes property expansion across region, says chairman

    Posted Apr 29th 2013, 12:00am by Keith Wallis

    ... Asia, China Swire Pacific's chairman believes the government's property cooling measures are paying off, but he warns that rising competition for skilled workers will push up wages ... the will to expand in Southeast Asia- we intend to do more in the coming years," Pratt said. On Cathay Pacific's relationship with Air China, Pratt said "over the years we will do more ...

  4. Business - Money - ECONOMY

    Hang Seng Index investors rush for exit as lunar new year trading starts

    Posted Feb 04th 2014, 11:41pm by Ray Chan, JEANNY YIU

    ... in the Asia-Pacific region, with the Nikkei 225 Index losing 4.2 per cent to close at its lowest level since June. The MSCI Asia-Pacific Index has lost more than US$538 billion so far this year in terms ... Kwong, chief operating officer at KGI Asia. The last three Years of the Horse have been a mixed bag. In 2002, the index lost 18.2 per cent, in 1990 it gained 6.63 per cent, and in 1978 it rose ...

  5. Business - Economy - ECONOMY

    Japan's huge public debt not seen falling until 2018

    Posted Feb 17th 2014, 04:47am by Jeanny Yu

    ... to gross domestic product ratio would have peaked and started to gradually come down," Jerald Schiff, a deputy director of the Asia and Pacific Department at the International Monetary Fund, ... It would be … more integrated with the rest of Asia, because we would see more foreign investments and banking activities in the region from Japan," Schiff said. Japan's economy probably ...

  6. 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

    ... Ng Kang-chung, Jeffie Lam and Sandy Li Li Ka-shing warns Hong Kong is a 'spoilt child' Asia's richest man, Li Ka-shing, has warned that Hong Kong is like "a spoilt 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 ...

  7. News - Hong Kong - ECONOMY

    Financial secretary John Tsang dismisses Li Ka-shing's warning that Hong Kong is losing its edge

    Posted Mar 02nd 2014, 05:33am by Ada Lee

    ... higher- value-added services and move into new sectors. It came as Li, Asia's richest man, sought to clarify comments he made after a post-earnings briefing on Friday. Yesterday, Li said ...

  8. News - Hong Kong - ECONOMY

    Tycoon Li Ka-shing downbeat over Hong Kong’s future

    Posted Feb 28th 2014, 09:38pm by Peggy Sito

    ... Asia's richest man, gave a downbeat assessment of Hong Kong's situation yesterday, warning that the Occupy Central campaign, the harassment of mainland tourists and declining competitiveness ... one-third less than that of Singapore. Li was ranked the richest man in Asia by Forbes magazine with a net worth of US$32 billion last year. But the ranking could be threatened by Galaxy ...

  9. Business - Economy - ECONOMY

    Move fast when overheating hits, IMF warns Asia

    Posted Apr 30th 2013, 12:00am by Bloomberg

    ... term: guarding against the potential build-up of financial imbalances while delivering appropriate support for growth." The IMF's Regional Economic Outlook for Asia and Pacific echoes ... Bloomberg in Beijing International lender cautions officials to have action plans ready for rapid response to risks Move fast when overheating hits, IMF warns Asia Asian policymakers must ...

  10. Business - Economy - ECONOMY

    China purchasing managers' index rises as barometer of global health

    Posted Feb 03rd 2014, 04:11am by Bloomberg

    ... Bloomberg Index has become a main indicator of activity and its readings tend to dictate market reactions China PMI rises as barometer of global health When Peter Elston wants to check the pulse of the world economy, one of the indicators he zeroes in on did not even exist a decade ago. The head of Asia-Pacific strategy at Aberdeen Asset Management Asia in Singapore is not alone ...




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