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  • July 31, 2014
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  1. Euro-zone woes set to erode office rents in Central

    Posted Jul 26th 2012, 12:00am

    ... triggered by the euro-zone sovereign debt crisis to push rentals down in the second half as corporates migrate to cheaper areas of Hong Kong. A Cushman and Wakefield study found that grade A office ... if the euro-zone crisis worsens. Siu said demand for bigger areas- those of more than 20,000 sq ft- remained weak in greater Central, and companies were still trying to save on rent, reflecting ...

  2. Hong Kong moneymen join ride to rescue euro

    Posted Jun 13th 2012, 12:00am

    ... in an interview in Beijing on Monday that China had already taken precautions for a worst-case scenario in the euro zone. 'A total collapse of the euro zone is very unlikely because no one ... with any fallout from the euro zone. The two have been briefed by chief executive-elect Leung Chun-ying to keep a close watch on the crisis. Europe's financial difficulties could deteriorate ...

  3. Beijing urged to cushion euro blow

    Posted May 24th 2012, 12:00am

    ... to a two-year low this year of 7.6 per cent, and the damage would be even greater if the euro-zone crisis worsened. 'With the EU accounting for one-third of global import demand, a recession ... the pinch of the euro-zone debt crisis and wobbly demand in North America, and feared the worst was yet to come. 'The operating environment in the Pearl River Delta is deteriorating ...

  4. Business - China Business - ECONOMY

    12 new free-trade zones to follow in Shanghai's footsteps

    Posted Jan 23rd 2014, 01:40am by George Chen; Denise Tsang; Daniel Ren

    ... George Chen, Denise Tsang and Daniel Ren 12 new free-trade zones approved The central government has agreed in principle to approve 12 new free-trade zones (FTZs), three months after ... Wong, a partner with the China Tax & Business Advisory at Deloitte, said growth-challenged Hong Kong should grab the opportunity of Guangdong's free-trade zone status by integrating ...

  5. HK may revise economic forecast if markets worsen

    Posted May 20th 2012, 12:00am

    ... Amy Nip amy.nip@scmp.com Hong Kong may need to revise its economic forecast if a Greek exit from the troubled euro zone causes major turbulence in the global money markets, according to a government economist. The rapid political developments in Greece in recent weeks have seen its citizens withdraw money from banks amid fears the country will leave the euro zone. Although the Hong ...

  6. Investors from HK, mainland shun Spain

    Posted Jun 14th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Hong Kong and mainland Chinese investments in the euro zone fell sharply this year, with investors spooked by Spain's debt troubles. The Spanish ... billion) for the whole of last year. The value of similar acquisitions in the euro zone has plunged to Euro3.15 billion so far this year from Euro17.22 billion for all of last year, according ...

  7. Business - Economy - TRADE

    Hong Kong exports to double next year

    Posted Dec 08th 2012, 12:00am by Charlotte So

    ... in confidence. Europe, mainland China and Japan's markets remained soft. Still, Leung cautioned that there were some uncertainties on the horizon, including the prolonged euro-zone woes and the sour ...

  8. Business - Banking & Finance

    Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

    Posted Jan 14th 2014, 08:51am by Jeanny Yu; George Chen

    ... Jeanny Yu and George Chen Lured by the mainland's first free-trade zone in Shanghai, overseas lenders are left with little to do pending more details of government reforms Regulation delay puts foreign banks in a spot Foreign banks lobbied to set up in the mainland's first free-trade zone in Shanghai are grappling with a dilemma- what can they really do in the ambitious ...

  9. Business - Companies - ANALYSIS

    Citic's mega takeover deal comes as win-win for Beijing and Hong Kong

    Posted Mar 28th 2014, 01:40am by George Chen

    ... and London, given the economic recovery in the United States and the euro zone since the 2008 global financial crisis. After the deal is completed, Citic Group is supposed to move its headquarters ...

  10. Growth forecast unchanged

    Posted Jul 11th 2012, 12:00am

    ... Adrian Wan adrian.wan@scmp.com Hong Kong's near-term economic fortunes will depend on how the euro-zone debt crisis is resolved, Financial Secretary John Tsang Chun-wah said ... summit made some progress in tackling the euro debt problem, euro-zone leaders had not increased the firepower of the European bailout fund and many details of the proposed new measures had yet ...




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