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  • April 16, 2014
  • Last updated: 10:44pm
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  1. Business - Economy - ECONOMY

    Welcome to euro casino

    Posted Apr 14th 2014, 05:07am by DAVID BROWN

    ... quick to exploit the euphoric mood. Two years after almost crashing out of the euro zone, Athens returned to the market last week to sell €3 billion of five-year bonds that pay a coupon of 4.95 ...

  2. Business - Economy - ECONOMY

    Reform drive faces slowdown test

    Posted Apr 14th 2014, 05:07am by Victoria Ruan

    ... there is overinvestment, and we don't expect a big crash," he said. Economic growth is likely to stabilise after the State Council rolls out its "mini-stimulus" package, including tax cuts ...

  3. Business - Economy - ECONOMY

    Germany's selfishness hangs over its weaker euro-zone partners

    Posted Mar 24th 2014, 04:45am by DAVID BROWN

    ... that is no longer possible. The adoption of the single currency has only accelerated the pull of capital and productive capacity towards Germany. The car industry provides a clear example. Car producers ...

  4. Business - Economy - ECONOMY

    Private sector wary of Beijing's plan for 'mixed economy'

    Posted Mar 17th 2014, 02:28am by Eric Ng

    ... we tried to organise a China car brands research society, but even that needs to be endorsed by the CAAM, and of course they didn't," he said. "It's all to do ...

  5. Business - Economy - ECONOMY

    China's 'black box' economy deserves Group of Seven peer scrutiny

    Posted Feb 24th 2014, 04:27am by Bloomberg

    ... researchers who dare challenge the official narrative that China can grow 7 per cent forever and cannot crash. That is the gist of a new effort detailed by the South China Morning Post, one that aims ...

  6. Business - Economy - ECONOMY

    India seeks seven-year low deficit ahead of elections

    Posted Feb 18th 2014, 04:34am by Bloomberg

    ... due by May, while boosting defence spending and temporarily reducing taxes on goods from cars to mobile phones. The budget deficit will narrow to 4.1 per cent of gross domestic product ... with US$88 billion last year. The government also expects to add US$15 billion to foreign reserves. Excise tax rates on sport utility vehicles, mobile phones and small cars would be cut until June ...

  7. 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

    ... start in the Year of the Horse as the market crashed to its lowest point in seven months, joining others in a region-wide meltdown over fears Beijing will tighten credit and the United States ... US$691 million from the local market, according to Jefferies. Chan Ka-keung, secretary for financial services and the treasury, was unfazed by the crash, saying he expected the city to do better ...

  8. Business - Economy - ECONOMY

    Yellen and Carney face test over interest rates

    Posted Feb 10th 2014, 04:31am by Bloomberg

    ... as harsh, winter weather blanketed much of the US and kept consumers from venturing out to car dealerships and malls. More signs of slower growth may emerge in China this week, with reports forecast ... little changed as colder-than-normal temperatures and snowfall led to fewer car purchases and trips to shopping centres. The figures will be out on Wednesday. "The biggest challenge ...

  9. Business - Economy - ECONOMY

    Ireland exits bailout with warnings of more austerity

    Posted Dec 16th 2013, 04:28am by AFP

    ... (HK$901.6 billion) rescue package after a banking crash and one of the worst housing bubbles in its history. After painful belt-tightening, Ireland is now returning unaided to the international ...

  10. Business - Economy - ECONOMY

    China takes aim at fiscal system in reform

    Posted Dec 09th 2013, 04:50am by Victoria Ruan

    ... public spending on health care, social security and environmental protection while slashing expenditures on banquets, cars and overseas trips. They said the central government should raise its ...




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