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  1. Influential economy on land and at sea

    Posted Oct 17th 2008, 12:00am by Edward Peters

    ... in Europe. Rotterdam is Europe's largest port, spreading along the banks of the Nieuwe Maas river, one of the channels of the delta formed by the Rhine and the Meuse which link the city ... contribution to the national economy, despite the Netherlands' relatively small size. While it employs barely 3 per cent of the labour force of 7.6 million, agriculture is highly mechanised ...

  2. Jewellery trade praying for a festive boost

    Posted Nov 02nd 2008, 12:00am by Staff Reporter

    ... Wu Yuen-yee, director of Andex Jewellery, which exports moderately priced catalogue jewellery to Europe. Many exporters were finding the pain of a stalled economy and rising operational costs ... overseas,' she said. The entrepreneur said she suffered a five-digit loss from two cancelled orders in Iceland, where the economy almost collapsed as the credit crisis swept through the global ...

  3. Dow, Europe fall after HK's record rise

    Posted Jan 24th 2008, 12:00am by Nick Westra

    ... to come for the US economy. In Europe, the FTSE 100 Index was down 2.73 per cent at 3pm, while France's CAC 40 had dropped 3.31 per cent and Germany's DAX 4.78 per cent by 4pm. Wall ... the US Federal Reserve's unexpected interest rate cut convinced skittish investors the global economy can avoid a recession. But the reprieve from the brutal sell-off of Monday and Tuesday ...

  4. Esprit shares fall 17.9pc on profit fears over slowdown in Europe

    Posted Aug 29th 2008, 12:00am by Nick Westra

    ... as investors dumped the shares on worries that the sluggish economy in Europe would hurt the company's earnings. The stock fell to HK$64.50 before ending at HK$66, down 17.91 per cent from the previous close, the biggest single-day drop since January 1998. 'The prospect of Esprit is not good because the European economy is slowing,' said Patrick Shum, a strategist at Karl ...

  5. Europe's comeback king

    Posted Apr 19th 2008, 12:00am by Lorenzo Tondo

    ... defeat of his centre-left opponent, former Rome mayor Walter Veltroni, crowns the media mogul as Europe's comeback king and condemns Italy's left-wing parties to near exclusion from ... of letting the budget deficit rise. To overcome a worsening economic crisis, Italy needs wide structural reforms. Last week, the International Monetary Fund predicted that Europe's fourth ...

  6. Factory owner sees danger in funding trade union movement

    Posted Mar 25th 2008, 12:00am by Enoch Yiu

    ... the high cost to business. The law, which came into effect on January 1, intends to give mainland employees similar benefits to workers in Europe. The most controversial provision is a rule ... movement like those in Europe. While workers are likely to benefit from improved conditions, removing the country's sweatshop reputation, this situation would also prove disadvantageous. ...

  7. Fewer flights to counter rising cost of fuel will hit economy, says official

    Posted Jun 19th 2008, 12:00am by Dennis Eng

    ... Dennis Eng Airlines cutting the frequency of flights to cope with the high cost of jet fuel will hurt the local economy, Director General of Civil Aviation Norman Lo Shung-man warned ... fewer flights will mean a less active economy. We hope frequencies can increase to meet the needs of the market,' the official said. In the past two to three months, some international ...

  8. Bear with a sore head

    Posted Aug 29th 2008, 12:00am by Peter Kammerer

    ... comparison be drawn between Russia and the foremost Soviet challenger, the United States. Russia's economy is one-tenth of America's, US military spending is 700 per cent greater and, due ...

  9. Economy 2008

    Posted Dec 19th 2008, 12:00am by Susan Ramsay

    ... Compiled by Susan Ramsay This year the US economy came crashing down, dragging most of the rest of the world with it. From Hong Kong to Haiti, people were badly affected as banks faltered ... rescue packages in Europe and the Asia-Pacific, in September when it became one of the biggest bankruptcies in US history. Lehman Brothers had borrowed heavily, and it collapsed when it could ...

  10. Official calls for radical stimulus measures

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

    ... Jane Cai The mainland needs radical measures to stimulate the economy, a State Council official said in remarks published in state media yesterday. The unnamed cabinet official was quoted ... economy, after Beijing reported that gross domestic product grew at 9 per cent in the third quarter, the smallest gain since 2002. It is widely expected that the country's leaders will launch ...




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