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  • August 1, 2014
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  1. News - Hong Kong

    Hong Kong jumps two places on international hotel Club Sandwich Index

    Posted May 13th 2014, 09:48pm by SHIRLEY ZHAO

    ... sandwich costing an average price of HK$165, the city has jumped two places on the Club Sandwich Index on accommodation booking website Hotels.com from 10th last year. It is the second most ... abroad Alison Couper, Hotels.com Although Hong Kong has risen in the rankings, the average price for such a sandwich has dropped from HK$169 last year. Index compilers believed it was related ...

  2. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... PAN YUMIN, DTZ New home prices in the southeast coastal city saw the third-biggest growth- 1.64 per cent- among the 100 cities tracked by the China Real Estate Index System (CREIS) last month, ... home price lift As temperatures rose into the mid 30s one recent Friday morning in Xiamen, residents were warned of the risk of heatstroke. But things were getting much hotter at the auction ...

  3. China's inflation statistics don't show the true picture

    Posted Mar 02nd 2012, 12:00am

    ... their country's true rate of inflation. These include rounding down all numbers to the right of decimal points, using official government prices rather than the prices that consumers actually pay in the shops, and simply omitting goods with fast-rising prices from the consumer price index (CPI) shopping basket. As a result, Argentina's statisticians are able to claim that inflation ...

  4. Property - Hong Kong & China

    Banks revise Hong Kong home price forecasts amid slower declines

    Posted Jul 12th 2014, 12:53am by Peggy Sito

    ... Index, which tracks second-hand home prices, rose 1.78 per cent week on week to 123.35, the highest in 67 weeks. It is just 0.31 below the record 123.66 set in March last year. On Wednesday, JP ... Peggy Sito peggy.sito@scmp.com US banks revise home price forecasts Bank of America Merrill Lynch has raised its forecast for Hong Kong property prices, joining JP Morgan in revising ...

  5. Business - Comment - THE VIEW

    Measuring the global misery index

    Posted Jul 25th 2014, 01:29am by STEVE HANKE

    ... Steve Hanke Countries with a high misery index need to tackle their populations' unhappiness with a dose of restructuring and more economic freedom Measuring misery Misery ... misery index score reflects higher levels of "misery". The charts show misery index patterns by major regions over the past decade. Several things are worth noting, particularly ...

  6. News - Hong Kong - SOCCER

    The price of beer piles on the pain for fans of Spain

    Posted Jun 20th 2014, 02:43am by BRIAN YAP

    ... Brian Yap But consultants' 'beer index' brings cheers to Greeks and Hongkongers visiting Brazil The price of beer piles on the pain for fans of Spain As if crashing out ... it came to the price differential between the cost of a beer at home and one in Brazil. But there's better news for Greeks, the biggest savers in the Brazil 2014 "beer index ...

  7. Business - Money - EQUITIES

    'New economy' shares drop on doubts over mainland transition

    Posted Jul 08th 2014, 01:54am by BLOOM

    ... 300 Consumer Discretionary Index has lost 6.9 per cent, versus an 8.7 per cent rally in the equivalent gauge for emerging markets. "We need to see economic growth accelerate, ... Bloomberg in Singapore and Shanghai After strong gains, technology, health and consumer shares are losing their lustre on doubts that Beijing can achieve an economic transition 'New ...

  8. Business - Economy - TRADE

    Japan's exports decline amid weak demand in Asia and US

    Posted Jul 25th 2014, 01:35am by Reuters

    ... the Bank of Japan to ease policy, but if consumer spending also weakened, then expectations for a policy change would increase." Exports to the United States, a key market, fell 2.2 per cent in June from a year ago as more Japanese firms produce goods in other nations, such as Mexico, for US consumers. Car shipments to the United States fell 6.8 per cent. Exports to China, another key ...

  9. Business - Economy - MONETARY POLICY

    China's low inflation sets the tone for policy easing

    Posted Oct 16th 2012, 12:00am by Victoria Ruan

    ... of Statistics data showed yesterday that the consumer price index, a key gauge of inflation, climbed 1.9 per cent in September from a year earlier, slower than the 2 per cent gain in August. Food ... institutions said was driven by the government's increases in retail fuel prices as global crude oil prices climbed. The producer price index, an advanced indicator of prices, dropped 3.6 per cent ...

  10. Business - Economy - ECONOMY

    Euro-zone business growth slows amid price-cutting

    Posted Jun 24th 2014, 05:58am by Reuters

    ... Reuters in London and New York Euro-zone business growth slows despite price cuts The euro zone's private sector expansion unexpectedly slowed this month even though companies are still cutting prices to drum up business, a survey showed yesterday. German business activity expanded robustly, albeit at a slower pace than last month, while France's private sector ...




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