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  • August 23, 2014
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  1. Business - Economy - ECONOMY

    African lions hope to emulate economies of Asian tigers

    Posted Aug 05th 2014, 03:26am by Bloomberg

    ... Bloomberg The continent is continuing a two-decade growth trend with nations like Nigeria improving infrastructure and making use of their resources African lions aim to emulate Asian ... the "Asian tiger" economies in the 21st century. Africa's advantages include vast untapped resources, a youthful population and an expanding middle class. Offsetting these are rampant ...

    http://www.scmp.com/business/economy/article/1566550/african-lions-hope-emulate-economies-asian-tigers
  2. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... that economic uncertainty has made companies more reluctant to spend, a sub-index measuring new business growth hit a 68-month low of 50.3 in July. Stock markets in Hong Kong and Shanghai turned negative after the survey was released, while most other Asian markets extended modest early losses. The unexpected weakness in services comes after two separate PMI surveys last week showed ...

    http://www.scmp.com/business/economy/article/1566785/property-market-cool-down-drives-hsbc-china-services-pmi-lowest
  3. Business - Economy - ECONOMY

    Australian growth outlook uncertain, says central bank

    Posted Aug 20th 2014, 01:18am by BLOOM

    ... to compensate for slowing mine investment, has seen his efforts hampered by the strength of the Australian dollar. Market pricing shows a higher chance of further policy easing after the nation's ...

    http://www.scmp.com/business/article/1577240/australian-growth-outlook-uncertain-says-central-bank
  4. News - Hong Kong - ECONOMY

    Forecasts for Hong Kong growth downbeat

    Posted Aug 19th 2014, 04:18am by Arthur Chan

    ... in global demand, followed by a decrease in spending by mainland visitors and a headwind in the property market. A possible factor is the rumoured change in the individual visit scheme under which ... economies such as Hong Kong. According to ANZ, such movement is unlikely to have an immediate impact on the city's financial markets, but might hurt its economic competitiveness. They believe ...

    http://www.scmp.com/news/hong-kong/article/1576268/forecasts-hong-kong-growth-downbeat
  5. News - Hong Kong - ECONOMY

    Hong Kong economy slows as stocks climb, property booms

    Posted Aug 15th 2014, 06:20pm by Amy Nip

    ... climb, property booms The Hong Kong government cut its growth target for the year yesterday after a disappointing second-quarter performance as stock and property market indicators reached new heights. Real gross domestic product increased by 1.8 per cent year-on-year, down from 2.6 per cent in the first quarter and lower than the market-expected 2.4 per cent. On a quarter-to-quarter ...

    http://www.scmp.com/news/hong-kong/article/1574301/hong-kong-lowers-annual-growth-forecast-after-worst-quarter-2012
  6. News - Hong Kong - ECONOMY

    Don't get burnt on hot money flowing into Hong Kong, investors warned

    Posted Aug 12th 2014, 11:51pm by Enoch Yiu

    ... to bet on the stock market could leave just as quickly due to a poor economic outlook and fears of a US interest rate rise. "The government will keep a close eye on the risks of fund flows in and out of the city," Secretary for Financial Services and the Treasury Chan Ka-keung said yesterday. The Hong Kong Monetary Authority has repeatedly intervened in the currency market since ...

    http://www.scmp.com/news/hong-kong/article/1572450/dont-get-burned-hot-money-flowing-hong-kong-investors-warned
  7. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

    Posted Jul 21st 2014, 03:18am by Jasper Moiseiwitsch and Ray Chan

    ... should be in a good position to leverage on this recovery Bhupinder Singh His views for China's debt markets are similarly upbeat. Singh projects that Asian investment-grade issuance ... China's economy and its capital markets. "The world economy will continue to recover and recover strongly. China should be in a good position to leverage on this recovery in export ...

    http://www.scmp.com/business/economy/article/1556885/deutsche-bank-investment-director-unabashed-bull-asia-pacific
  8. News - Hong Kong - ECONOMY

    Hong Kong Monetary Authority chief Norman Chan adds to gloom on economy

    Posted Aug 11th 2014, 11:28pm by Patsy Moy

    ... poll], the political uncertainties will be dispelled and the market will be back to normal," Chong said. "Even if the organisers of Occupy Central are unhappy with Beijing's ...

    http://www.scmp.com/news/hong-kong/article/1571643/hong-kong-monetary-authority-chief-norman-chan-adds-gloom-economy
  9. News - Hong Kong - ECONOMY

    Hong Kong to lower annual economic growth forecast on Friday, says John Tsang

    Posted Aug 11th 2014, 02:22pm by Lai Ying-kit

    ... Tsang wrote on Sunday that Hong Kong is at a crossroads in its constitutional development, the outcome of which would have a significant impact on the economy and financial markets. The Census ...

    http://www.scmp.com/news/hong-kong/article/1571292/hong-kong-will-lower-annual-economic-growth-forecast-friday-says-john
  10. News - Hong Kong - ECONOMY

    John Tsang Chun-wah warns of 'perfect storm' from protests

    Posted Aug 11th 2014, 06:10am by NG KANG-CHUNG

    ... on the economy and the financial markets. "I hope those who are planning to fight for universal suffrage by means of confrontation think twice... Neither resistance nor confrontation is conducive ...

    http://www.scmp.com/news/hong-kong/article/1570817/john-tsang-chun-wah-warns-perfect-storm-protests

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