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  • September 17, 2014
  • Last updated: 1:49am
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  1. Comment - Insight & Opinion

    Party time in Hong Kong if governance crisis is ever to be resolved

    Posted Sep 09th 2014, 03:19pm by Frank Ching

    ... Frank Ching Frank Ching wonders if Tung's admission of a governance problem is a sign Beijing finally sees that political parties have a role to play Party time Former chief executive Tung Chee-hwa, in his press conference last week, surprisingly ack ...

  2. News - Hong Kong - FINANCE

    SFC launches legal action against Citic to demand compensation for investors

    Posted Sep 11th 2014, 11:17pm by Enoch Yiu

    ... suffered actual losses of HK$807.7 million and HK$14.7 billion in mark-to-market losses from hedging the currency risks of its Australian iron ore mining project. The statement said Citic was aware ... action came a long time after its investigation. But Cheung added: "Luckily, we are happy to see the SFC has helped investors to recoup their losses."   Citic's forex crisis laid ...

  3. News - World - Ukraine crisis

    France suspends delivery of warship to Russia over Ukraine crisis

    Posted Sep 04th 2014, 12:18pm

    ... the crisis in Ukraine. Paris agreed in 2011 to build and sell the two advanced helicopter assault ships to Russia for a total of €1.2 billion (HK$12.2 billion), with the first scheduled for delivery ... widespread condemnation due to Russia’s involvement in the Ukraine crisis. “The President of the Republic declared that, despite the prospect of a ceasefire, the conditions for France to deliver ...

  4. Business - Economy

    No end in sight for currencies sell-off

    Posted Feb 04th 2014, 05:57am by Bloomberg

    ... Bloomberg in New York Pressure on units in emerging markets will continue, top banks say, citing low rates No end in sight for currencies sell-off Inflation-adjusted interest rates are still too low in developing nations for Citigroup and Goldman Sachs to foresee an end to the worst emerging market (EM) currency sell-off in five years. One-year borrowing costs in Turkey ...

  5. News - World - UKRAINE

    Russian President Vladimir Putin points to an imminent deal on Ukraine crisis

    Posted Sep 03rd 2014, 11:46pm by Reuters

    ... Reuters in Kiev But there are fears the move may be aimed at wrong-footing Nato ahead of its summit in Wales Putin points to imminent deal on Ukraine crisis Russian President Vladimir ... But hopes of peace were clouded by Western concerns that the announcement was timed by the Kremlin to wrong-foot Nato on the eve of a summit that will discuss the crisis and new shelling ...

  6. Comment - Insight & Opinion - MY TAKE

    Bets on the future of beloved Hong Kong

    Posted Sep 08th 2014, 03:46am by Alex Lo

    ... I argue, is that the actual threat level is a lot lower than it was during the 1967 riots and Cultural Revolutionary infiltration, the bogged-down handover negotiations and currency crisis of 1983, ...

  7. News - World - SCOTLAND

    Currency union 'not in Scotland's interests', says: Alistair Darling

    Posted Aug 11th 2014, 04:49am by Reuters

    ... Reuters in Edinburgh Currency union 'not in Scotland's interests' A formal currency union would not be in the interests of an independent Scotland, the leader ... uncertainty over what currency would be used if Scotland leaves the United Kingdom remains a major campaign issue. Britain's three main political parties have ruled out a formal currency union, ...

  8. Business - Economy - ECONOMY

    Weaker mainland China industrial output fuels regional pessimism

    Posted Sep 16th 2014, 03:23am by Victoria Ruan

    ... industrial output growth since the global financial crisis, prompting analysts to trim their economic outlook forecasts. Hong Kong's benchmark Hang Seng Index fell 1 per cent, with H shares ... control on bank lending", he said. "Otherwise, China's economy would be like a man swimming in an ocean of currency, whose survival may be endangered if he fails to get enough fresh ...

  9. Business - Economy - MACROSCOPE

    Australia gives up on itself as private investment dwindles

    Posted Sep 10th 2014, 04:05am by Bloomberg

    ... David Fickling Strong currency and weak demand discourage companies from capital investment in goods and services industries as mining boom wanes Australia gives up on itself as private ... boom that powered it through the global financial crisis wanes. Total private capital spending will fall 10 per cent to A$145.16 billion in the 12 months to June 2015, according to government ...

  10. Business - Economy - COMMENT

    Europe’s rapidly unravelling economic reform agenda

    Posted Aug 28th 2014, 11:26am by NICHOLAS SPIRO

    ... Nicholas Spiro There are many casualties of the four-year-old crisis in the euro zone. One of the most conspicuous and troubling ones is the political will to implement much-needed fiscal ... of last year). Italy has been in a more or less permanent recession since the euro-zone crisis erupted in early 2010 and suffers from a much higher youth unemployment rate than France ...




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