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  • October 21, 2014
  • Last updated: 2:41pm
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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

    ... Tsui. Besides, the rent is much lower," he said. Other retailers will look towards mid-market products. Distributor-retailer Acestar Concept has launched a cheap watch under the Mini car ...

  2. Business - Economy - ECONOMY

    Struggling Italian economy poses potential threat to whole of Europe

    Posted Apr 28th 2014, 04:43am by DAVID BROWN

    ... of fast cars, high fashion and stunning design. But the country has been living the good life for far too long. It is now living on borrowed time. Italy's economy is in dire straits. ... of the euro-zone crisis in 2012. A repeat crisis in confidence would risk bringing the whole house of cards crashing down. When the euro-zone contagion was raging, the European Union, the International ...

  3. Business - Economy - ECONOMY

    Military coup raises fears over Thailand's sick economy

    Posted Jun 09th 2014, 03:29am by AFP

    ... Agence France-Presse in Bangkok Investors are concerned whether soldiers will repeat the mistakes of the last putsch in 2006 and impose drastic foreign capital controls Fears grow over Thailand outlook amid military coup The last time Thailand had a coup, the stock market crashed when the kingdom imposed strict capital controls. This time round, investors hope the generals have ...

  4. Business - Economy - ECONOMY

    Canada faces a currency conundrum

    Posted May 19th 2014, 03:22am by DAVID BROWN

    ... market, boosted consumer demand and saved the country from deeper recession since the financial crash. Now the bank is looking to the Canadian dollar (known affectionately in the market ... central bank, the Bank of Canada cut rates to record lows, down to 0.25 per cent, to beat the financial crash. It also pumped in unprecedented amounts of liquidity into the financial system ...

  5. 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 ...

  6. 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 ...

  7. 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 ...

  8. 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 ...

  9. 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 ...

  10. 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 ...




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