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  • July 22, 2014
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  1. Business - Companies - LUXURY

    Le Chinese tour de luxe

    Posted Jan 19th 2013, 12:00am by BLOOM

    ... destinations for the 94 million mainland Chinese who are expected to travel abroad by 2015, according to McKinsey & Co. Their tour-group itineraries are showing day-long trips to luxury outlets- squeezing short visits to the Eiffel Tower and Louvre museum in between. By turning their holidays into lengthy shopping excursions, the Chinese are propping up European sales and aiding the outlook ...

  2. Green Revolution

    Posted Apr 13th 2008, 12:00am by Mike Wilson

    ... says Pyatt. 'It's part of the commercial culture now, a round of golf, dinner in the clubhouse, a few drinks, deal done.' With the European Tour visiting China five times this year offering prize money approaching US$20 million, Pyatt's prescience is hard to deny, especially with the PGA and LPGA Tours circling overhead. Back to the big picture and Golf Research ...

  3. Business - Economy

    European banks fail to cut assets US$1.2tr as pledged

    Posted Sep 19th 2012, 12:00am by BLOOM

    ... Bloomberg in London Draghi loans see major institutions expand their balance sheetsin year to June European banks fail to cut assets US$1.2tr as pledged European banks promised last year ... trillion (HK$350 trillion) in the year to July, according to the European Central Bank. BNP Paribas, Banco Santander and UniCredit, the biggest banks in France, Spain and Italy, all expanded ...

  4. Business - China Business

    European firms urge China to play fair

    Posted Sep 07th 2012, 12:00am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com European firms urge China to play fair A European business group has complained that the investment environment in some Chinese industries is deteriorating. The European Union Chamber of Commerce urged Beijing to allow greater market access to foreign investors and abolish unfair policies that favour the country's state-owned enterprises. ...

  5. Asian buyers see big returns in European assets

    Posted Aug 10th 2012, 12:00am

    ... Anita Lam anita.lam@scmp.com Western Europe is expected to draw its biggest share of foreign direct investment (FDI) from Hong Kong, the mainland and Southeast Asian countries in the next three years, according to a survey. The survey was conducted by the ...

  6. Successive European scandals shock Chinese banks

    Posted Aug 08th 2012, 12:00am

    ... George Chen george.chen@scmp.com Rapidly escalating scandals involving several major international banks in recent months have shocked not only shareholders but also Chinese banks that consider the likes of HSBC and Standard Chartered Bank among the best ...

  7. The real European crisis still hasn't begun, but it will soon

    Posted Jul 27th 2012, 12:00am

    ... The representatives of the troika- the European Commission, the European Central Bank (ECB) and the International Monetary Fund- currently in Athens to review Greece's progress are certain to find ... say it is 90 per cent certain Greece will leave the euro, most likely by early next year. Next there is Spain, where the European authorities' pledge last week of a Euro100 billion loan ...

  8. HK's European double strengthens partnership

    Posted Jun 22nd 2012, 12:00am

    ... SAIC Motors and telecom equipment supplier Huawei Technologies, along with Industrial and Commercial Bank of China, which has had its European headquarters in Luxembourg since the mid-1990s. ...

  9. European firms may take their business elsewhere

    Posted May 30th 2012, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Rising labour costs, fiercer market competition and deteriorating regulatory barriers have prompted almost a quarter of European Union companies in China to consider shifting investments to other countries. A survey by the European Union Chamber of Commerce found that 22 per cent of 557 respondents said they may move their mainland ...

  10. Asian economies tipped to withstand tactical retreat by European players

    Posted Jan 04th 2012, 12:00am

    ... dramatic new twists amid the general scramble for funding. 'It seems there is a total inability among European politicians to deal with the crisis,' said Jason Mortimer, a panellist at the HKUST/NYU Stern Global Finance Seminar, which considered the causes of Europe's debt problems and likely consequences. 'But European banks are already taking action by reducing non-core ...




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