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News - China
EU ‘better than North America’ for China firms
Posted Jan 31st 2013, 08:56pm by AFP
... News China Euro Zone Agence France-Presse in Beijing Chinese firms consider the European Union as good or better an investment destination than North America, the EU chamber of commerce in China said on Thursday, despite the euro zone’s debt crisis and recessionary woes. Even more preferred to put money into the European Union than nearby Southeast Asia, where some countries have ...
http://www.scmp.com/news/china/article/1140422/eu-better-north-america-china-firms -
Business - Banking & Finance
Italian banks plunge on Monti resignation plan
Posted Dec 10th 2012, 06:23pm by Bloomberg
... Business Banking & Finance Euro zone debt crisis Bloomberg Italian banks plunged on Monday, leading declines in the European Stoxx 600 Banks Index, after an announcement that Prime Minister Mario Monti will step down threatened to open a new front in Europe’s debt crisis. UniCredit, Italy’s biggest bank, declined 22 cents, or 6 per cent, to 3.43 euros at 6.36pm HK time ...
http://www.scmp.com/business/banking-finance/article/1102265/italian-banks-plunge-monti-resignation-plan -
Business - Economy
Euro slumps in Asia after EU fails to agree Greece deal
Posted Nov 21st 2012, 02:59pm by Agence France-Presse in Hong Kong
... to the sustainability of Greek government debt”. “It was progress but we have to do a little bit more,” International Monetary Fund (IMF) boss Christine Lagarde told reporters as she left the meeting. The major ...
http://www.scmp.com/business/economy/article/1087525/euro-slumps-asia-after-eu-fails-agree-greece-deal -
News - World - SPAIN
Police seal off Spain Parliament ahead of protest
Posted Sep 25th 2012, 06:21pm by Associated Press in Madrid
... News World Euro zone debt crisis Associated Press in Madrid Spain’s Parliament took on the appearance of a heavily guarded fortress on Tuesday, hours ahead of a protest against the conservative government’s handling of the economic crisis. The demonstration, organised behind the slogan ‘Occupy Congress’, is expected to draw thousands of people from around Spain. Madrid’s regional ...
http://www.scmp.com/news/world/article/1047061/police-seal-spain-parliament-ahead-protest -
News - World - GREECE
Greek protest turns violent during general strike
Posted Sep 26th 2012, 08:50pm by Associated Press in Athens
... the union-organised march in central Athens on Wednesday, held during a general strike against new austerity measures planned in the crisis-hit country. The action, the first large-scale walk-out since ...
http://www.scmp.com/news/world/article/1047914/greek-protest-turns-violent-during-general-strike -
Euro-zone unemployment jumps to record 11.8pc
Posted Mar 02nd 2013, 02:06am by AFP
... Euro Zone Eurozone Euro Zone Crisis Agence France-Presse in Brussels Official data Friday painted a far from encouraging picture of the European economy, with unemployment running ...
http://www.scmp.com/article/1167949/euro-zone-unemployment-hits-record-118pc -
Business - Economy - EURO ZONE ECONOMY
Euro zone recession to continue until year-end
Posted Feb 23rd 2013, 12:00am by AFP
... record unemployment expected to rise markedly right into next year The EU’s winter economic forecast said there would not be a return to growth for the debt-laden monetary union – home to about ...
http://www.scmp.com/business/economy/article/1156636/euro-zone-recession-continue-until-year-end -
News - World
Euro zone debt jumps to 90pc of GDP in second quarter
Posted Oct 24th 2012, 07:39pm by Associated Press in London
... measures. Lower wages, for example, will impact consumer spending, often a vital ingredient of economic growth. China 'to play its part' in euro zone debt crisis ...
http://www.scmp.com/news/world/article/1068816/euro-zone-debt-jumps-90pc-gdp-second-quarter -
Business - Economy
Greece close to reaching debt buyback target: official
Posted Dec 10th 2012, 12:00pm
... bailout fund to repurchase debt it sold earlier this year and secure funds that have been blocked since June as the government tries to get its bailout program back after two elections ...
http://www.scmp.com/business/economy/article/1102071/greece-close-reaching-debt-buyback-target-official -
Business - China Business
China 'to play its part' in euro zone debt crisis
Posted Sep 20th 2012, 09:20pm by Agence France-Presse, Reuters in Brussels
... was able to overcome its debt crisis, and that China continued to invest in European government debt. “Europe is on the right track in tackling its debt issue, and what is crucial now is to fully ...
http://www.scmp.com/business/china-business/article/1041779/china-play-its-part-resolving-euro-zone-debt-crisis
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