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  • November 29, 2014
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  1. Why more dissent means better policies

    Posted Dec 09th 2003, 12:00am by Tony Latter

    ... supporters, but also- most importantly- those likely to challenge orthodoxy. I am reminded that Hong Kong's worst-ever currency crisis, in 1983, might have been resolved sooner, or even averted, ...

  2. Experts predict unprecedented crisis for city

    Posted Oct 13th 2008, 12:00am by Joyce Man

    ... the government should weather the global economic crisis. To stabilise the currency's value, the government must have a large amount in foreign currency reserves, Professor So said, adding that Hong ... Joyce Man Hong Kong could be facing an unprecedented economic crisis and should not expect the government's foreign reserves to save it in the long run, speakers on a weekly radio ...

  3. Talking points

    Posted Sep 08th 2011, 12:00am

    ... with the currency union's debt crisis. Some economists and market participants, however, say the region's recovery remains fragile, and that any sudden worsening of the debt crisis could force ...

  4. Yuan bonds in HK bring offshore market closer

    Posted Dec 16th 2008, 12:00am by Staff Reporter

    ... by the financial crisis to increase the influence of its currency. 'It seems recently that China has been quite active in making the yuan a regional and eventually international currency,' Mr Ma ... won (HK$212.8 billion) currency swap accord to ensure financial stability in the countries amid the widening financial crisis. Yang Tao, the deputy director of the Finance and Banking ...

  5. On the Money

    Posted Jun 14th 2012, 12:00am

    ... crisis settles down before considering unpegging its currency from the US dollar. Sheena Smith, nutritionist I'm working in Hong Kong now but I plan to go back to Australia at some point, so ... the currency system. The government should wait for things to settle down before thinking about changing the system. Steve Wong, salesman Joseph Yam is just trying to make a stir in Hong Kong ...

  6. A boost for HK's yuan hub role

    Posted Aug 19th 2011, 12:00am

    ... in Beijing's ultra-cautious policy of gradually opening China's capital account and encouraging wider use of its currency, they are much more significant. One new initiative is to allow ... of yuan to buy mainland securities will enable them to avoid currency risks but is unlikely to satisfy demand, given that a 20-billion-yuan limit is dwarfed by the city's yuan deposits. ...

  7. Sector must reposition itself

    Posted Sep 18th 2010, 12:00am by John Cremer

    ... it will take some time.' It is his view that the mainland authorities are moving in the right direction as they pave the way for full convertibility of the currency. Fallout from the global financial crisis interrupted the process of 'internationalisation', but gradual moves towards openness and a higher valuation had to continue. Stability will remain top of the agenda ...

  8. Robust ties endure economic trials

    Posted Dec 05th 2009, 12:00am by Martin Donovan

    ... of the relations. 'Currency fluctuations during any crisis can be a worry for importers or exporters,' said Khushi, recalling concerns among Hong Kong businesses about the 2006 coup, which led ... the global economic crisis. As with Hong Kong's other trading partners, official figures tell a gloomy tale of falling import-export revenues over the past year, spurred by the credit crunch ...

  9. Lai See

    Posted Apr 07th 2011, 12:00am

    ... relief for Asian currencies under threat. The first effort collapsed at the first signs of the Asian crisis in 1996, and the refurbished model has yet to be tested. Trying to institute ... flexible exchange rates.' But the bank never calls a spade a spade and says Hong Kong's currency is misaligned or its monetary policy is flawed. One of its suggestions for countries ...

  10. Financial forces righting perceived imbalance in product pricing

    Posted Nov 19th 2004, 12:00am by Jake Van Der Kamp

    ... an index of the Hong Kong dollar's exchange value against the currencies of all the countries, other than the mainland, from which our visitors come. It is weighted by origin of visitor and based on a value of 100 for June 1997, just before the Asian financial crisis caused most Asian currencies to collapse. It clearly shows a sharp appreciation of the Hong Kong dollar during ...




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