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  • October 22, 2014
  • Last updated: 5:51am
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Results 1 - 10 of 248 for consumer price index

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  1. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... prices were much lower to protect consumers and farmers, but rising imports, which makes up over 30 per cent of consumption, forced Beijing to lift prices to stem losses for importers. The hike ... Eric Ng eric.mpng@scmp.com The central government has raised the mainland’s average non-residential natural gas prices by around 16 per cent, in line with analysts’ expectations ...

  2. Business - Commodities - ENERGY

    Beijing cuts fuel prices as global glut weighs on crude values

    Posted Sep 17th 2014, 11:51am by Eric Ng

    ... refiners in Europe and Asia have combined to deflate global oil prices.” The mainland, the world’s second largest oil consumer, posted weaker than expected economic and energy consumption figures ... Eric Ng eric.mpng@scmp.com The central government has cut domestic fuel prices by less than 2 per cent from Wednesday, in the fourth consecutive reduction since late July, as global crude ...

  3. Business - Commodities - ENERGY

    Saudis avoid 1980s mistakes to halt oil price fall as glut builds

    Posted Oct 14th 2014, 11:54am by Reuters

    ... Reuters in Dubai Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world’s top oil exporter, Saudi ... prices to below US$90 a barrel is so far modest, compared with the 1980s slump that took crude from US$35 to below US$10, many observers see similarities in a global market that is on the brink ...

  4. Business - Commodities - ENERGY

    Saudis like low oil prices to slow US shale expansion

    Posted Oct 13th 2014, 12:56pm by Reuters

    ... Reuters in London and New York Officials from Opec's leading member signal a shift aimed at undercutting US shale producers Saudis quietly tell world to get used to lower oil prices Saudi Arabia is quietly telling market participants that Riyadh is comfortable with markedly lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing ...

  5. Business - Commodities - ENERGY

    Small solar farms boosted by Beijing's new pricing policy

    Posted Sep 06th 2014, 05:37am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Solar farms boosted by Beijing's new pricing policy The mainland's energy policy regulator has launched a set of policy initiatives to support small off-power-grid solar farm projects, including giving developers flexibility to sell their output to grid operators at the higher subsidised prices enjoyed by large, ground-mounted projects ...

  6. Business - Companies - ENERGY

    Hot summer sees Hong Kong lead way in CLP electricity sales

    Posted Oct 20th 2014, 02:08pm by Sophie Yu

    ... the company said. Sales to mainland China dropped 26 per cent to 1,023 GWh on lower committed sales to Guangdong Power Grid Corp, CLP said. It said coal prices continued their downward spiral ... compensated for” by the fall in coal prices. ...

  7. News - World - ENERGY

    EU narrowly approves plan for new nuclear plant in Britain

    Posted Oct 09th 2014, 10:17pm by AFP

    ... a combined 30-40 per cent and French firm Areva 10 per cent. The European Commission launched the investigation in late 2013, delving into the project's elaborate price guarantee system that critics claim will prove hugely expensive to UK consumers. In its revision, Britain promised to limit potential profit for private investors involved in the project, but the overall structure ...

  8. Business - Commodities - ENERGY

    Oil demand to grow at slowest rate in 5 years

    Posted Oct 15th 2014, 05:19am by Bloomberg

    ... Bloomberg in London International Energy Agency says weakening economic growth will hit demand as a glut of crude sees prices plunge to a four-year low Oil demand to grow at slowest rate ... is the fourth in a row and means growth will be about half what it anticipated in June. Crude prices have plunged to a four-year low amid a glut. "The sell-off is putting a spotlight ...

  9. Business - Commodities - ENERGY

    Gas distributors fall on imminent price increase

    Posted Aug 13th 2014, 11:24am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of mainland distributors of natural gas fell on Wednesday morning after the central government announced it would raise gas prices from September 1. ... 1.7 per cent to HK$25.35, while Beijing Enterprises slid 1.8 per cent to HK$72.05, and China Gas eased 0.5 per cent to HK$15.72. The Hang Seng Index was up 0.3 per cent. The National ...

  10. Business - China Business - ENERGY

    Huaneng Power jumps on 9.27b yuan deal with parent firms

    Posted Oct 14th 2014, 02:43pm by Eric Ng

    ... that the transactions would augment Huaneng Power's earnings per share by 7 per cent after finance costs, from its recurring net profit of 11.89 billion yuan last year. The transaction prices implied an acquisition price-earnings ratio of seven times, he said, but added the bulk of the profits came from two subsidiaries that operated in Hainan and Wuhan. "These two [subsidiaries] have abnormally ...




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