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  • November 25, 2014
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  1. Yam sees HK role on yuan

    Posted Apr 17th 2009, 12:00am by Staff Reporter

    ... and the euro zone], it is perhaps desirable in the long term to have an international currency system that reflects the importance of different regions in the global economic structure,' the HKMA ...

  2. EU urges 'gradual appreciation' of yuan

    Posted Nov 30th 2009, 12:00am by Will Clem

    ... Will Clem in Nanjing An 'orderly and gradual appreciation' of the yuan against the euro would be 'in the interests of the Chinese economy' and the rest of the world, euro-zone economic policy chiefs told Premier Wen Jiabao yesterday. Jean-Claude Juncker, president of the Euro Group of finance officials, said a policy shift by Beijing would show that the mainland ...

  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. Premier rejects EU calls to let yuan rise

    Posted Dec 01st 2009, 12:00am by Will Clem

    ... the 27-member bloc's exporters at a disadvantage and effectively reducing the price of Chinese goods. Euro zone finance chiefs had tried to persuade Wen on Sunday that a revaluation of the exchange ... Will Clem in Nanjing Premier Wen Jiabao yesterday sternly rejected European calls to allow the yuan to rise against the euro, describing the request from EU leaders as an attempt ...

  5. Give Tsang the politician an A for acumen

    Posted Dec 31st 2009, 12:00am by Staff Reporter

    ... or the euro zone, his warnings would have been unexceptional. Since global stock markets reached their nadir in March, finance professionals and officials in developed economies hit hard in the crisis ...

  6. US job woes a reality check for exporters

    Posted Jul 04th 2009, 12:00am by Staff Reporter

    ... dive before inching into positive territory. Europeans certainly have little cause for optimism; the euro zone's average unemployment rate is 9.5 per cent, the same as in the US. The Obama ...

  7. Glut of unused containers as trade slumps

    Posted Feb 14th 2009, 12:00am by Anita Lam

    ... yesterday, contributing to a record fall in euro zone gross domestic product. Association chairman Mark Chan Wai-chung said: 'We thought Kai Tak would be our quick solution, because we cannot ...

  8. Hang Seng's 52pc advance best for a decade

    Posted Jan 01st 2010, 12:00am by Staff Reporter

    ... fuelling fears of asset price inflation would be important factors affecting the market next year, said Conita Hung Lai-ping, the head of equity markets at Asia Delta Financial. The euro zone ...

  9. Exporting to a world deficient in demand

    Posted Apr 13th 2009, 12:00am by Tom Holland

    ... for Germany and the broader euro zone showed any evidence of a slowdown in economic deterioration, although not yet of outright recovery. Clearly, there is an apparent discrepancy here. At first ...

  10. Prices begin to soften in Mauritius

    Posted Mar 18th 2009, 12:00am by Richard Warren

    ... as a result, other markets, particularly in the euro zone, have increased interest.' Some buyers are western expatriates based in the Middle East. Projects had not been marketed in East Asia, so ...




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