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  1. Best of British

    Posted Nov 26th 2010, 12:00am by Richard Warren

    ... The coalition government is planning to slash state spending by 19 per cent over five years to cut the national budget deficit and rebalance the economy in favour of the private sector. Public disquiet ... In manufacturing, which has expanded to 12 per cent of GDP, employers are recruiting staff at the fastest rate in 20 years to meet rising export demand. 'The economy continues to surprise forecasters ...

  2. Europe debt woes risk to HK, John Tsang says

    Posted Jun 08th 2010, 12:00am by Dennis Eng

    ... Dennis Eng Hong Kong's economy faces risks from the fallout from Europe's debt woes and uncertainty about the flow of capital, the financial secretary told lawmakers. With 12 per ... to budget deficits and hamper efforts by the global economy to emerge from last year's recession. Uncertainty surrounding Europe's economic future has also made it more difficult ...

  3. Glimmer of hope despite falling prices

    Posted Jul 28th 2010, 12:00am by Peta Tomlinson

    ... Peta Tomlinson In 1997, during a run of record prosperity, Ireland was hailed as 'the Celtic Tiger: Europe's shining light'. A decade later, the party was over. News reports ... and the economy by encouraging greater business investment. 'Despite expected cuts to the public sector, regional property markets may also get some help from labour market initiatives to reduce ...

  4. Europe must have its banking house in order

    Posted Sep 15th 2010, 12:00am by Staff Reporter

    ... it is just as important for the global economy for Europe to follow suit. ... the crisis. It follows the most sweeping overhaul of America's financial system since the Great Depression. This, too, will have repercussions across the global economy because American capital ...

  5. Minister tries to entice investment in Portugal

    Posted Sep 11th 2010, 12:00am by Nick Westra

    ... Nick Westra The minister of state and finance for Portugal was in Hong Kong yesterday to drum up interest for investments in the beleaguered economy and to assure investors about its ... 4.6 per cent next year, Teixeira dos Santos said. 'Measures are being taken not only to achieve fiscal targets but also to [improve] the functioning of the economy,' he said. ...

  6. The painful lesson that Europe should learn from Hong Kong

    Posted May 11th 2010, 12:00am by Tom Holland

    ... to begin. At first glance Hong Kong doesn't appear to have much in common with Greece, Portugal and the other ailing economies of Europe's southern periphery. Greek government spending ... with Tom Holland If you think Europe's crisis is over, you are going to be sorely disappointed. Yesterday's huge Euro750 billion rescue package certainly helped reassure ...

  7. Asia cannot escape Europe's train wreck

    Posted May 03rd 2010, 12:00am by Tom Holland

    ... Post, January 28, 2010 OK, hand up, I admit I got it wrong back in November 2008. Trying to figure out what else could go wrong with the world's economy and financial markets, I fingered ... But the decline was well within recent trading ranges and owed more to nerves over the property market clampdown on the mainland than to fears for Europe's financial health. But if governments ...

  8. Europe's failings a warning in hubris for rising China

    Posted Apr 25th 2010, 12:00am by Staff Reporter

    ... Europe's influence. But what many Asian leaders see today is a Europe of declining growth rates and productivity, rising unemployment, ageing populations, and economies resistant to change ... It has often been said that China and other Asian emerging economies have had a good crisis. The delays and mutual recriminations that have dogged the European Union's financial ...

  9. Europe can learn from Argentina's woes

    Posted Nov 29th 2010, 12:00am by Michael Pettis

    ... Michael Pettis Six months ago Domingo Cavallo, the all-powerful Minister of Economy for Argentina from 1991 to 1996, had a warning for Greece. 'Don't even think of abandoning the euro,' he said, 'because that will provoke a financial catastrophe in Greece and various other countries in Europe.' Best known for his 1991 Convertibility Law, which forced Argentina ...

  10. FedEx adds new flights to US and Europe from HK

    Posted Apr 13th 2010, 12:00am by Charlotte So

    ... FedEx Express has added new direct flights from Hong Kong to the United States and Europe as the city's export and import trade swings back to pre-crisis levels. 'The region has ... freighters to its Hong Kong operation from March 29, bringing the total weekly flights from the city to the US and Europe to 17 from 12. The 777s, which are being used to replace MD-11s ...




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