• Tuesday
  • October 21, 2014
  • Last updated: 10:19am
Hong Kong




Search Results

Results 1 - 10 of 300 for debt

Related topics matching your search

Search results

  1. Business - Economy

    More fiscal stimulus may add to Japan debt woes

    Posted Jan 16th 2013, 12:00am by Bloomberg

    ... Bloomberg Japan's economy faces debt trade-off, says economist Japan's debt burden will become "more serious" as its government takes extra steps to stimulate growth in the world's third-biggest economy, according to an International Monetary Fund economist. "The debt overhang is becoming more serious so they need to go further in fiscal consolidation," IMF ...

  2. Don't bury Haiti in a mountain of debt

    Posted Feb 13th 2010, 12:00am by Staff Reporter

    ... was obliterated; years will pass before the infrastructure that was flattened is rebuilt. It is fitting that the world's richest nations have cancelled debt owing to them- and called for international ... not to also cancel debt. Haitians need all the help they can get. More than 200,000 people were killed and at least one million remain homeless. Billions of dollars were pledged in the wake ...

  3. Economic meltdown takes its toll on police

    Posted Jan 13th 2010, 12:00am by Staff Reporter

    ... Phyllis Tsang Sixteen police officers were placed on a watch list in the second half of last year owing to concern over unmanageable debts, and the total number of officers in financial trouble increased slightly, according to government figures. An officer is regarded as having unmanageable debts if he or she has difficulties repaying owed money. The number of officers ...

  4. Developers feel the heat from unhappy buyers

    Posted Apr 26th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Mainland property developers are now more concerned about policy changes and mounting resentment among buyers over prices, than finding buyers for their apartments. 'Developers are less worried about money now,' said Jeffrey Lin, chie ...

  5. HKMA steps in to stop rate war

    Posted Mar 04th 2010, 12:00am by Eric Ng

    ... Eric Ng Hong Kong's banking watchdog has acted to head off a damaging mortgage price war by setting guidance floors on mortgage rates, and warning lenders of default risks in a property market correction. The move came after banking giant HSBC last m ...

  6. Explosion of rural credit increases risks

    Posted Aug 17th 2009, 12:00am by Staff Reporter

    ... at rural commercial banks increased 140 million yuan to 19.28 billion yuan in this year's first half. Despite rising bad debts, the tough times have put pressure on Beijing to unleash ... banks to retreat to the cities, leaving only Agricultural Bank of China and the rural credit co-operatives to lend to them. Concerns about bad debts and low profits in rural areas have stymied ...

  7. Number of indebted police down, but trouble tipped to rise

    Posted Jan 14th 2009, 12:00am by Staff Reporter

    ... Joshua But A lawmaker and a representative of a police union have predicted a resurgence in the number of police officers plagued by debt troubles amid the financial crisis, after two years in which the numbers have fallen. A Security Bureau paper submitted to lawmakers yesterday reveals another nine police officers were found to have unmanageable debts in the second half ...

  8. How China breaks the rules of rapid growth

    Posted Aug 03rd 2009, 12:00am by Tom Holland

    ... with Tom Holland China-watchers have long scratched their heads over the rapid build-up of Beijing's foreign exchange reserves. In April, official reserves hit a record US$2 trillion, less than three years after they passed the US$1 trillion mark. Yo ...

  9. Subsidies set for rural lenders to boost credit

    Posted May 21st 2009, 12:00am by Martin Zhou

    ... most state banks to retreat, leaving behind only Agricultural Bank of China and rural credit co-operatives at one stage. Lenders that stayed on have limited lendings on concerns about bad debts ...

  10. Lender's write-offs to clear legacy bad loans

    Posted Jan 14th 2009, 12:00am by Staff Reporter

    ... (HK$6.36 billion) as bad-debt provisions and wrote off 9.4 billion yuan of non-performing loans. Chairman Frank Newman said the loan provisions and write-offs provided the bank an opportunity ...




SCMP.com Account