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  • September 19, 2014
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  1. News - Hong Kong - ECONOMY

    Retailers seek to keep watch sales ticking amid slowdown

    Posted Sep 04th 2014, 03:51am by Amy Nip

    ... are making plans to respond. Jimmy Tang Kui-ming, chairman and CEO of Prince Jewellery and Watch Company, said its sales were still growing, but that the retailer would enhance its brand identity ... Tang said. "The industry needs to analyse the market rationally, and show patience." His company showed its faith in top-end brands by sponsoring the fair's World Brand Piazza, ...

    http://www.scmp.com/news/hong-kong/article/1584641/retailers-seek-keep-watch-sales-ticking-amid-slowdown
  2. Business - Economy - ECONOMY

    China credit fluctuation stirs policy uncertainty

    Posted Sep 12th 2014, 12:15pm by Victoria Ruan

    ... financing, the broadest gauge of credit supply that includes loans extended through wealth management products and shadow banking system, rebounded to 957.4 billion yuan (HK$1.21 trillion) last month ...

    http://www.scmp.com/business/banking-finance/article/1590778/chinas-money-supply-rebounds-still-short-expectations
  3. Business - Economy - ECONOMY

    Beijing under pressure to ease monetary policy

    Posted Sep 12th 2014, 06:19am by Jeanny Yu, Ray Chan

    ... strategy director at Barclays. "Li's tone in Tianjin was slightly dovish, so I think there is a need for some targeted easing after the recent PMI (purchasing managers index) declines. ...

    http://www.scmp.com/business/economy/article/1590511/beijing-under-pressure-ease-monetary-policy
  4. Business - Economy - ECONOMY

    Sovereign wealth funds threaten world markets, investors say

    Posted Sep 10th 2014, 04:05am by Reuters

    ... and a potential conflict of interest... there should be some sort of code of practice," said David Marsh, managing director at the Official Monetary and Financial Institutions Forum, which researches public financial institutions. Sovereign investors manage assets worth US$29.1 trillion- equivalent to 40 per cent of the global economy- which are held by 157 central banks, 156 public pension ...

    http://www.scmp.com/business/economy/article/1588875/sovereign-wealth-funds-threaten-world-markets-investors-say
  5. News - China - ECONOMY

    Li Keqiang downplays fears over anti-monopoly probes ahead of economic forum

    Posted Sep 09th 2014, 11:47pm by Victoria Ruan

    ... said. "I think it's very positive", Mumbai-based Sunjewels managing director Kapil Nevatia told the South China Morning Post. "It's a candid conversation with Premier ...

    http://www.scmp.com/news/china/article/1588982/li-keqiang-downplays-fears-over-anti-monopoly-probes-ahead-world-economic
  6. Business - Economy - ECONOMY

    Investors in Asia calmer over future U.S. interest rate rise

    Posted Sep 09th 2014, 04:42am by Reuters

    ... strategist Bhanu Baweja. Still, that happy co-existence of surging bond and equity prices could very well continue, and should fund managers sell before an actual turn in the market they could risk ...

    http://www.scmp.com/business/economy/article/1588108/investors-asia-calmer-over-future-us-interest-rate-rise
  7. Business - Economy - ECONOMY

    Hong Kong in lukewarm response to European Central Bank rate cut

    Posted Sep 06th 2014, 05:37am by Benjamin Robertson

    ... yields, have raised concerns about a 'Japanese scenario' in the euro area," wrote AXA Investment Managers researcher Maxime Alimi in a recent report. Once reforms kicked in, ...

    http://www.scmp.com/business/economy/article/1586263/hong-kong-lukewarm-response-european-central-bank-rate-cut
  8. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... with sales of cosmetics and medicine picking up 14.3 per cent year on year. Retail Management Association chairwoman Caroline Mak Sui-king said political uncertainty would rock the boat from now ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  9. News - Hong Kong - ECONOMY

    Restaurants serving locals keep up sales amid drop in tourist spending

    Posted Aug 01st 2014, 04:03am by Amy Nip

    ... an insider in the food and beverage business says. Strong local demand boosted the restaurant sector, saving it from the slide in sales experienced by luxury retail brands amid President Xi Jinping's anti-corruption drive on the mainland, Yeung Wai-sing, chairman of the Association for Hong Kong Catering Services Management, said yesterday. Nevertheless, the industry was struggling ...

    http://www.scmp.com/news/hong-kong/article/1563780/restaurants-serving-locals-keep-sales-amid-drop-tourist-spending
  10. News - China - ECONOMY

    Top Communist Party official's inclusion on task force reflects China's economic concerns

    Posted Aug 21st 2014, 05:02am by Cary Huang

    ... and Securities Institute, said Liu's inclusion suggested the need for more cooperation and coordination in economic management among departments. Ma Guoxian, a political economist with the Shanghai ... Liu has long worked in Inner Mongolia and advanced his career through the China Youth League and the party's propaganda machine. Liu has little background in economic management ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas

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