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  1. China Green reports profit growth of 26.6pc to meet results deadline

    Posted Aug 31st 2010, 12:00am by Amanda Lee

    ... Amanda Lee China Green (Holdings) got in under the wire yesterday to report an annual profit rise of 26.6 per cent, just days after shares of the mainland fruit and vegetable producer plunged because of a delay in the results announcement. The stock, whic ...

  2. Hot money inflow loses momentum

    Posted May 21st 2010, 12:00am by Enoch Yiu

    ... the Hong Kong dollar and which the HKMA invests in bonds, stocks and local and foreign currencies. The fund reported an investment income of HK$10.8 billion in the first quarter, up slightly ... the fund lost HK$3.1 billion in Hong Kong stocks and HK$8.7 billion in foreign-currency investment, which was offset by HK$11.4 billion of earnings from bonds and HK$11.2 billion from overseas ...

  3. Buyers defaulting on price-fall fears

    Posted Apr 21st 2010, 12:00am by Sandy Li

    ... Sandy Li A growing number of would-be homebuyers in Shenzhen, Shanghai and Beijing could walk away from signed purchase agreements because they fear house prices are set to fall heavily, say estate agents. By quitting now and forfeiting their deposits, th ...

  4. Calls for Asian currency union courting a truly Titanic disaster

    Posted Dec 16th 2010, 12:00am by Tom Holland

    ... or Unescap, said regional economies should consider managing their exchange rates against a common basket of reserve currencies. Unescap says Asia needs 'a currency management system which facilitates trade and macroeconomic stability and discourages beggar-thy-neighbour currency competition'. And the ADB argues that Asia's extended network of cross-border supply chains needs ...

  5. Currency spat got you scratching your head? Check out this rap video

    Posted Nov 13th 2010, 12:00am by Alex Lo

    ... with Alex Lo It's not the greatest rap song, but US-China Currency Rap Battle is just about all you need for a primer on the dispute between two super-economies over each other's ... biaatch!' 'Listen Hu, I've got something to say. The RMB is too low, you know what I mean/I ain't saying you are a currency manipulator. But you ain't lettin' the yuan ...

  6. Little chance of open war, but currency sniping to continue

    Posted Oct 26th 2010, 12:00am by Tom Holland

    ... of currencies' and to 'move towards more market-determined exchange rate systems'. Phew! So that's all right then. Looming currency war has been averted at the last minute, and peace ... see the Chinese currency as being undervalued relative to its medium-term fundamentals, so currency appreciation would be very helpful,' Petya Koeva Brooks, division chief at the research ...

  7. Creative currency solutions make yuan deposits hot in HK

    Posted Sep 11th 2010, 12:00am by Shirley Yam

    ... Beijing's efforts to internationalise the currency but is simply the result of recent expectations that the yuan will appreciate in value. So is the jump in yuan deposits a temporary boost ... percentage points higher than the negligible 0.3 per cent return he's getting on his Hong Kong dollar deposits. The yuan deposits would also reduce the pain of his currency mismatch if the yuan ...

  8. China winning currency war

    Posted Oct 31st 2010, 12:00am by Alex Lo

    ... these days,' said Mason, a specialist in the politics of international currencies and a former Federal Reserve Bank of Cleveland official. 'But maybe there is another explanation. Maybe ... fate of Japan after the Plaza Accord,' wrote Martin Wolf of the Financial Times, as a typical example of this view. 'In the absence of currency adjustments, we are seeing a form ...

  9. IMF meeting ducks currency war issue

    Posted Oct 12th 2010, 12:00am by Kevin Rafferty

    ... communiqu? There was much talk of 'war'- currency war, trade war- in the hallways and hotels, if not yet in the formal forums, but in the end, the so-called leaders of the financial world ... of the IMF's key committee was wishy-washy, full of pious blah-blah, and without a single mention of 'dollar' or 'yuan' or even 'currencies'. It said in the final ...

  10. History shows currency devaluation may not be a calamity

    Posted Sep 20th 2010, 12:00am by Michael Pettis

    ... is the only way to protect domestic and monetary fiscal credibility. By leaving the euro and devaluing their national currencies, they claim, the afflicted European economies will simply condemn ... wreaked havoc on the monetary arrangements of the pre-war years, France struggled over the issue of what to do with its currency. Like most belligerents France went off gold during the war. ...




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