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  1. HK, mainland join rout as Wall St crisis widens

    Posted Sep 17th 2008, 12:00am by Nick Westra

    ... Nick Westra and Daniel Ren in Shanghai HSI sheds 5.4pc, Asian markets tumble on AIG downgrade Hong Kong and mainland stocks were in full retreat yesterday, joining a global equity rout sparked by a historic shake-up on Wall Street that left investors fearing the worst of the unfolding credit crisis was perhaps yet to come. Markets already rattled by the downfall of Lehman ...

  2. Smoke-free zones for buses aired

    Posted Apr 17th 2008, 12:00am by Staff Reporter

    ... emission zones will shift the roadside air pollution problem to areas which are currently unaffected, or worsen their current situation,' he said. Pre-Euro and Euro I buses accounted for about ... Cheung Chi-fai The government has pledged to study the feasibility of setting up low-emission zones from which heavily polluting buses would be banned. The study will consider their pros ...

  3. Hopes credit crisis is ending premature

    Posted May 05th 2008, 12:00am by Tom Holland

    ... Tom Holland International investors are rediscovering their appetite for risk. They may be premature. Hopes are rising that the financial crisis which began in summer last year is drawing ... of Wall Street's crisis is over. Investors clearly agree. Last week, they pulled a massive US$32 billion from safe-haven money market funds, according to monitoring service EPFR Global, ...

  4. Portfolio weathers US mortgage crisis

    Posted Apr 22nd 2008, 12:00am by John Butcher

    ... John Butcher With no exposure to US subprime mortgages, BNP Paribas' Parvest Euro Medium Term Bond Fund weathered the subprime crisis last year. The fund based its analysis on economic quantitative models which identified a rise in euro yield in the first half of 2007. 'It showed us at the beginning of the summer that a crisis had emerged. Thanks to our overexposure ...

  5. Outlook for HK dollar not as black as painted

    Posted Oct 06th 2008, 12:00am by Tom Holland

    ... with Tom Holland Exactly how the global financial turmoil will play out is uncertain. But on one issue that concerns Hong Kong intimately, there is an overwhelming consensus: the crisis ... the script. Far from falling as the crisis has deepened, since the middle of July, the American currency has strengthened by 10 per cent against the Fed's reference basket of major currencies. ...

  6. Low-emission zone plan closer as pilot study nears end

    Posted Nov 13th 2008, 12:00am by Staff Reporter

    ... be studied, she said. All new vehicles must met Euro IV emission standards. Vehicles that do not meet the standard might be banned from the low-emission zones. Dr Poon said there were similar schemes ... Cheung Chi-fai A pilot study on low-emission zones where polluting franchised buses are banned will finish next year, acting Secretary for the Environment Kitty Poon Kit told legislators ...

  7. Boy's zone

    Posted Jun 08th 2008, 12:00am by Suji Owen

    ... the glossy black of the Siemens glass hob (HK$22,000; shop G1, Baskerville House, 13 Duddell Street, tel: 2511 2323). The extractor fan, also from Siemens, was HK$12,800. The bar chair was Euro ... equipment and a Bose stereo system (various locations; www.bose.com) was?1,000 from XVL Home Collection. 4 The black corner sofa (Euro2,000) was from XVL Home Collection. The furry cushions were ...

  8. Upgrade to industrial zones part of stimulus

    Posted Nov 14th 2008, 12:00am by Chloe Lai

    ... the crisis. A total of 3 billion yuan would be spent on upgrading industrial zones in the eastern, western and northern parts of the province to make them more attractive to manufacturers. He said ... of the province's 2.3 trillion yuan (HK$2.61 trillion) stimulus package aimed at fending off the impact of the global financial crisis on businesses. On Wednesday the province unveiled a plan that will also ...

  9. Financial capitals unlikely to lose their clout

    Posted Nov 03rd 2008, 12:00am by Michael Pettis

    ... Michael Pettis As New York and London continue to reel from the global financial crisis, pundits everywhere are confidently predicting a sharp decline in the relative financial importance ... that in fact the contrary will happen. In most ways there is nothing especially unique about the current financial crisis. It is just another in the sequence of crises that have ended each ...

  10. Tightening may ease as demand weakens

    Posted Apr 21st 2008, 12:00am by Staff Reporter

    ... will probably drop as early as the second half of this year due to the rising cost of labour, the appreciation of the yuan and the subprime debt crisis,' an economist said. Data released ... partner, declined 15 per cent. 'Exports will continue to worsen because of the US subprime debt crisis and a sharp appreciation of the yuan,' said Guotai Junan Securities analyst Lin ...




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