• Wednesday
  • July 23, 2014
  • Last updated: 8:47pm
Hong Kong




Search Results

Results 1 - 10 of 4594 for euro zone crisis

Related topics matching your search

Search results

  1. Record economic contraction on the cards

    Posted Jun 10th 2009, 12:00am by Dennis Eng

    ... By comparison, output fell about 6 per cent during the Asian financial crisis over a decade ago. 'Quarter on quarter, we expect [gross domestic product] growth to be negative in the first three ... and 83.1 a year earlier. However, the score is still higher than the 16.9 average recorded during the Asian financial crisis. The index measures consumer confidence for the next six months, ...

  2. Euro, not the yuan, seen as likely challenger to dollar's global role

    Posted May 23rd 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu The United States dollar may be weak, but its role as the leading international currency is likely to be challenged by the euro rather than the yuan in the next two decades, says ... and the euro as the leading currency,' he said. It took the dollar more than 40 years to dislodge the British pound as the primary international currency in the last century. 'This showed ...

  3. Economic data provides a harsh dose of reality

    Posted May 16th 2009, 12:00am by Staff Reporter

    ... contraction since the Asian financial crisis in 1998. Our exports dropped by 22.7 per cent, the worst in more than half a century. New numbers from overseas look equally grim. The GDP of the euro zone- the collective economy of 16 countries that use the euro- shrank by a massive 2.5 per cent in the first quarter. The activities of Chinese producers and US consumers are pivotal to any ...

  4. Mainland records further decline in foreign direct investment

    Posted Jan 16th 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing Foreign direct investment on the mainland fell for the third month in December as the global financial crisis prompted overseas firms to hold back expansion plans ... since the mainland joined the World Trade Organisation in 2001, but the trend has been softening in recent months because of the global economic crisis. 'The [global] credit squeeze has ...

  5. Factory owners gloomy on outlook but toughing it out

    Posted May 11th 2009, 12:00am by Denise Tsang

    ... of the respondents felt, but not before Hong Kong investors' dominance in the area is dented. The more pessimistic among the respondents feared that the global financial crisis would hurt the Pearl River Delta's international competitiveness. The survey was the first large-scale inquiry conducted by the trade organisation among its members since the onset of the global credit crisis ...

  6. AmCham report finds budgets for southern China shrinking

    Posted Mar 04th 2009, 12:00am by Ivan Zhai

    ... Ivan Zhai in Guangzhou Investment budgets have shrunk dramatically in southern China for the first time in four years as companies struggle to stay afloat in the worldwide financial crisis, a key business group revealed in an annual report yesterday. The American Chamber of Commerce in South China's fourth annual report said businesses had cut budgets for this year ...

  7. StanChart offering lifts core capital into comfort zone

    Posted Aug 05th 2009, 12:00am by Tom Holland

    ... share from rival banks. 'We do see this crisis as a strategic opportunity,' chief executive Peter Sands declared yesterday. But despite its enviable performance, Standard Chartered ... during the depths of the financial crisis, Standard Chartered's capital ratios remain low compared with some of its competitors. At the end of the first half, Standard Chartered's ratio ...

  8. Wen backs trade zone across from Taiwan

    Posted May 11th 2009, 12:00am by Staff Reporter

    ... in combatting the global economic crisis, the premier said yesterday, the last day of his trip. The economic zone, which would extend to meet the Yangtze Delta in the north and the Pearl River Delta ... Staff Reporter Premier Wen Jiabao threw his weight behind a newly released plan to develop an economic zone on the mainland side of the Taiwan Strait during a three-day inspection trip ...

  9. Senior judge urges Beijing to set up protest zone where petitioners can air grievances

    Posted Mar 07th 2009, 12:00am by Staff Reporter

    ... Kristine Kwok A delegate to the government's top advisory body suggested yesterday that Beijing set up a protest zone to allow petitioners a platform to air their grievances. ... to Beijing,' she said. Professor Xie said setting up a protest zone would give the petitioners, who come from all over the country, a channel to deliver their complaints. 'They can do whatever ...

  10. Taskforce to tackle financial crisis likely to be wound up

    Posted Jun 22nd 2009, 12:00am by Gary Cheung

    ... Gary Cheung A taskforce set up in October to assess the impact of the global financial crisis on Hong Kong is likely to be disbanded after its fifth meeting today. A member ... Executive Donald Tsang Yam-kuen is expected to announce steps to promote the reuse of old industrial zones to boost the development of creative industries after today's meeting. A taskforce ...




SCMP.com Account