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  • October 25, 2014
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  1. HKT mulls rate rise amid profit gain

    Posted Aug 10th 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com HKT Trust and HKT, which runs the biggest fixed-line network in Hong Kong, expects to raise broadband rates after posting major gains in its first interim ... perform' rating. HKT chief financial officer Susanna Hui Hon-hing said the company was 'entering the second half in relatively robust shape' and on track to meet its financial forecasts ...

  2. Popping the bubble of property at any price

    Posted Aug 29th 2010, 12:00am by Philip Bowring

    ... a dangerous situation only if interest rates or unemployment result in foreclosure. Only three main groups benefit from property prices persistently rising faster than inflation and salaries. They are: the government, which controls land supply and collects a large chunk of revenue from land sales, rates and profits taxes; the developers, which profit more from resultant huge margins ...

  3. HK's inflation rate hits 7.9pc

    Posted Aug 23rd 2011, 12:00am

    ... that inflation rates were 'likely to remain notable in the near term' due to expected increases in the price of food and housing. 'Yet a more positive development has been ... into account, the year-on-year rate of increase would be 5.8 per cent. Leung Siu-fai, professor of economics at Hong Kong University of Science and Technology, said an inflation rate of 7.9 per cent ...

  4. Comics fairs should not need X rating

    Posted Aug 01st 2011, 12:00am

    ... Are these signs of a dangerous obsession in Hong Kong? In a week we've seen a court case involving adult men luring girls into 'compensated dating' and insisting they wear school uniforms on dates. We've also seen a bunch of young geek ...

  5. Lai See

    Posted Mar 14th 2007, 12:00am by Ben Kwok

    ... on the fertility rate in Hong Kong. 'When it comes to giving birth to babies, it is always the earlier the better,' said Mr Yuen. 'Also the more the better.' The roles of chief ... billion cash on hand, 'has such a strong capital base that its credit rating won't change even if it tripled its annual capital expenditure'. Majority shareholder John Swire & ...

  6. Home sales surge to 17-month high on low interest rates

    Posted Jul 04th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Property sales rose 20.5 per cent in June, a 17-month high as low interest rates continued to encourage buyers to enter the market. The Land Registry recorded 15,747 sale ... director of research at Centaline Property Agency, said that property sales hit a high since January last year due to the low interest and mortgage rates. Transactions in the primary market were ...

  7. HSBC cuts savings rate to 0.001pc

    Posted May 21st 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu HSBC will today cut its deposit savings rate by 90 per cent to 0.001 per cent per year- the lowest in the market- and matching the record low it paid from January to July 2004. ... prime rate, which stands at 5 per cent. Those wanting to use the annual interest income to buy a HK$20 cup of coffee will need to deposit HK$2 million for a year to cover the cost. 'This ...

  8. Boom sees job vacancy rate reach record level

    Posted May 29th 2008, 12:00am by May Chan

    ... May Chan The job vacancy rate hit a record high in the first quarter amid robust economic progress, the Hong Kong Institute of Human Resource Management has found. Hong Kong's overall vacancy rate during the first quarter was 4.6 per cent, compared with 3.93 per cent in the last quarter of 2007, and up 1.5 percentage points compared with the same period last year. The overall ...

  9. Cut in US interest rates to bring markets relief

    Posted Jan 23rd 2008, 12:00am by Staff Reporter

    ... funds rate, after plummeting in line with global markets on jitters over a possible downturn. Both the local and mainland markets suffered losses in the high single digits yesterday. The Hang ... to 4,559.751. Late last night, market participants welcomed as 'good news' the United States central bank's decision to reduce its key rate by 75 basis points. 'We expect the market ...

  10. New scheme skews power ratings

    Posted Jan 10th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Credit rating agencies are drawing quite different conclusions on how the impending change in the government's scheme of control agreement will affect the financial soundness of Hong Kong's two power companies. One day after Moody's Investors Services announced it put CLP Holdings under credit review, Standard & Poor's Ratings Services also ...




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