• Sunday
  • August 31, 2014
  • Last updated: 2:40pm
Hong Kong

Humidity 

UV 

Pollution 

Refine Your Search

Sort by

Search Results

Results 1 - 10 of 688 for currency crisis

Related topics matching your search

Search results

  1. Guangdong predicted to ride out oil crisis

    Posted Aug 18th 2005, 12:00am by Staff Reporter

    ... an extra US$1.12 billion in hard currency for its crude imports. The rising prices of crude, petrochemicals, steel and the power shortage all contributed to raising the cost of production by 9.3 ...

    http://www.scmp.com/article/512633/guangdong-predicted-ride-out-oil-crisis
  2. HK banks may suffer for risky business

    Posted Jan 11th 2012, 12:00am

    ... loans were extended to mainland borrowers, who tried to take advantage of low interest and currency exchange rates and who were also trying to evade Beijing's credit-tightening efforts last ...

    http://www.scmp.com/article/989853/hk-banks-may-suffer-risky-business
  3. Yuan shares offer no currency advantage for HK investors

    Posted Apr 12th 2011, 12:00am

    ... on the future appreciation of China's currency. It's a seductive sales pitch. But if you stop and think about it for a moment, you will realise it doesn't hang together. That's because what affects performance is not the currency a stock is denominated in, but the currency of the issuer's assets and earnings. To see why, imagine what would happen if the same ...

    http://www.scmp.com/article/964884/yuan-shares-offer-no-currency-advantage-hk-investors
  4. Interest rates and stamp duty put pressure on developers

    Posted Apr 04th 2011, 12:00am

    ... the announcement of home loan mortgage rates by the city's major banks, and the nuclear crisis in Japan which could add uncertainty to the global economic outlook. Analysts said developers with strong ...

    http://www.scmp.com/article/964139/interest-rates-and-stamp-duty-put-pressure-developers
  5. Next five years 'key' to HK's yuan market

    Posted May 11th 2012, 12:00am

    ... That is because the present global economic instability gives China a rare opportunity to promote the internationalisation of its currency. But one of the major challenges Hong Kong faced in developing ... in the city. 'When the global economy is unstable, the demand for yuan expands greatly. That's why you see many foreign central banks have signed bilateral currency pacts ...

    http://www.scmp.com/article/1000699/next-five-years-key-hks-yuan-market
  6. Bearing of gifts to Greeks gives market 2.6pc boost

    Posted Jul 25th 2011, 12:00am

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com The Hang Seng Index rose sharply at the end of last week thanks to a breakthrough on the Greek sovereign debt crisis, involving more money ... local tone- less about the latest crisis hatching abroad and more about developments at home. Semiconductor Manufacturing International (981) was hit following the resignation of chief executive ...

    http://www.scmp.com/article/974392/bearing-gifts-greeks-gives-market-26pc-boost
  7. Lenders book 6.8b yuan in forex losses as currency appreciates

    Posted May 07th 2008, 12:00am by Staff Reporter

    ... per cent this year after a 6.9 per cent gain last year. Mainland banks usually find it difficult to hedge against currency risks due to the lack of futures for the yuan. The markets for swaps ... The exchange loss was mainly due to huge sums of foreign currency yet to be converted back into yuan by the central bank, the mainland's National Business Daily quoted an ICBC official as saying ...

    http://www.scmp.com/article/636641/lenders-book-68b-yuan-forex-losses-currency-appreciates
  8. Lenders face 20b yuan forex hit

    Posted Apr 04th 2008, 12:00am by Staff Reporter

    ... exchange totalling about US$40 billion last year, the 21st Century Business Herald said in the report. In the absence of currency hedging tools, a conservative estimate of a 7.5 per cent rise in the yuan would cost them more than 20 billion yuan in terms of foreign exchange losses this year, the mainland newspaper said. Mainland banks usually find it difficult to hedge against currency ...

    http://www.scmp.com/article/632416/lenders-face-20b-yuan-forex-hit
  9. Some 'gifts' only give so much and come once a bigwig visits

    Posted Jul 03rd 2012, 12:00am

    ... A shares. The timing seems odd. The markets are in turmoil, thanks to the euro-zone sovereign debt crisis, many big initial public offerings (IPOs) have been shelved and the last thing investors ... which has been in place since China first started opening up its currency in 2004. The issue here, bankers say, is competition: Hong Kong is the only offshore yuan market hobbled by such a cap, ...

    http://www.scmp.com/article/1005747/some-gifts-only-give-so-much-and-come-once-bigwig-visits
  10. Yuan repatriation a first step towards more lucrative cross-border services

    Posted Oct 29th 2003, 12:00am by Jane Moir

    ... on its capital account, lest it suffer the kind of financial crisis that beset regional economies five years ago. Domestic banks are technically insolvent but kept afloat by captive deposits ... for this change- and more importantly, the possibility of Hong Kong becoming an 'offshore centre' for the mainland's currency. Under this wider scenario, banks would be able to take yuan ...

    http://www.scmp.com/article/432727/yuan-repatriation-first-step-towards-more-lucrative-cross-border-services

Pages

Login

SCMP.com Account

or