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  1. Hutchison allays euro fears

    Posted Oct 07th 2011, 12:00am

    ... coming from retail and 10 per cent from ports. Revenue for 3 Group Europe edged up 27 per cent to US$3.6 billion. 'Theoretically, people still make phone calls no matter how bad the economy ... Sandy Li sandy.li@scmp.com Hutchison Whampoa says its operations in Europe are 'very resilient' as its strong cash flow leaves the conglomerate well positioned to weather ...

  2. HK takes biggest hit in Asia-wide sell-off

    Posted Nov 11th 2011, 12:00am

    ... and profitability came under pressure because of Europe's debt crisis, now centred on Italy. The Hang Seng Index (HSI) dived 5.25 per cent, its worst intraday performance since September. The index ... institutions by three months. The move comes amid the metastasizing of Europe's debt crisis from Greece to Italy. However, Paris said the ban could be lifted soon 'if market conditions ...

  3. HK stocks tumble on debt woes in Europe

    Posted Sep 20th 2011, 12:00am

    ... Hong Kong stocks tumbled to a two-year low yesterday as Europe's debt woes weighed heavily on equity investors after Greece pledged more austerity to avoid a default. At a weekend ... fall yesterday, losing 1 per cent against the yen and falling against the dollar to as low as US$1.36378. Stocks in Europe were hit hard in early trading yesterday. Germany fell as much as 2.75 ...

  4. Stimulus hopes drive market rebound

    Posted Aug 08th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com The Hong Kong stock market put in its best performance in nearly three months yesterday, on investor expectations that China, the US and Europe will stimulate their flagging economies. The benchmark Hang Seng Index rose 73.83 points, or 0.37 per cent, to 20,072.55, the highest level since May 10. Analysts are divided on how the market ...

  5. Increasing optimism for local, global economies sees rebound in confidence

    Posted Apr 17th 2012, 12:00am

    ... May Chan may.chan@scmp.com Investor confidence has rebounded since December, according to JP Morgan Asset Management's quarterly survey on investor sentiment. The JP Morgan Investor Confidence Index, designed to demonstrate local investor sentiment t ...

  6. Tax breaks for mainland firms in go-global push

    Posted Jul 04th 2012, 12:00am

    ... a private equity firm that assists Chinese companies investing in Europe. Although China's overseas investments are not the largest in the world, they are the fastest-growing, with an annual ...

  7. Esprit names adidas executive as China CEO

    Posted Nov 16th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Esprit Holdings, the Europe-focused fashion retailer, has appointed a new head for the China market as part of its efforts to make the fast-growing Chinese economy its new growth engine. Esprit yesterday said Holly Li, vice-president and general manager for North China at adidas, would take over as the chief executive of Esprit's ...

  8. China Life on the prowl for US and Europe acquisitions

    Posted Mar 04th 2008, 12:00am by Carol Chan, Eric Ng

    ... to lift profitability, chairman Yang Chao said. He said the Beijing-based insurer had just sent a team led by chief investment officer Liu Lefei on a two-week trip to the United States and Europe ... Merchants Bank, the nation's seventh-largest bank by assets, is considering opening a branch in Europe after it opens its New York branch, according to chairman Qin Xiao, without elaborating. ...

  9. AEON tempers gains with caution

    Posted Sep 23rd 2011, 12:00am

    ... economies'. While Hong Kong continued to benefit from stronger growth in China and other Asian economies, 'the relatively fragile economic recovery of the US and Europe will curtail the sustained recovery of the global economy', the company said. The firm's Japan-based parent, AEON, has substantial operations in department stores and supermarkets, especially in Japan. Its consumer ...

  10. Investor jitters on China growth

    Posted Mar 07th 2012, 12:00am

    ... slowing because of a decline in orders from America and Europe, and investment was unlikely to grow aggressively because Beijing did not plan another stimulus package like that of 2009. ...




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