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  1. Decline of the middle class

    Posted Jan 16th 2007, 12:00am by Joseph Cheng

    ... about owning cars or houses in the suburbs, or paying expensive tuition fees to prepare their children for top universities. Further, in an ageing society with a sharply falling fertility rate ...

    http://www.scmp.com/article/578834/decline-middle-class
  2. Business - Comment - MONITOR

    'Made in America' means added pain for Hong Kong

    Posted May 02nd 2013, 12:00am by Tom Holland

    ... from its exchange rate peg to the US dollar. Since 2002, the US dollar has lost a third of its value against a basket made up of the currencies of its trading partners and competitors (see ...

    http://www.scmp.com/business/article/1227752/made-america-means-added-pain-hong-kong
  3. Comment - Letters

    Hong Kong not gaining from peg

    Posted May 06th 2013, 12:00am by LETTERS

    ... yearly assessed rate and increasing interest rates for those borrowing from banks, excluding first-time home buyers, also helps to narrow the wealth gap, without harming our competitiveness. ...

    http://www.scmp.com/comment/letters/article/1230963/hong-kong-not-gaining-peg
  4. Rate cut reflects economic task ahead

    Posted Jul 07th 2012, 12:00am

    ... George Chen george.chen@scmp.com China's surprise move to cut interest rates twice in a month underscores the task the mainland has ahead of it: spurring growth- and employment- to keep social unrest at bay. Many economists, though, say this month's action won't be enough, and the central bank will be forced to cut rates at least two more times this year, ...

    http://www.scmp.com/article/1006076/rate-cut-reflects-economic-task-ahead
  5. Business - Comment - MONITOR TOM HOLLAND

    Blame greed, not the yuan, for Hong Kong's food price rises

    Posted Nov 07th 2012, 12:00am by Tom Holland

    ... this view. In the first chart, the blue line shows the percentage change in value of the yuan against the Hong Kong dollar over the preceding 12 months, while the red line shows the rate of food ... There are some good reasons to think that movements in the yuan-Hong Kong dollar exchange rate may not be as important in driving food inflation as they first appear. Look at the first chart again. ...

    http://www.scmp.com/business/article/1076498/blame-greed-not-yuan-hong-kongs-food-price-rises
  6. Business - Comment

    Yes, the HK$ peg is to blame, but the alternatives are worse

    Posted Oct 18th 2012, 12:00am by Tom Holland

    ... count of the original article. In a nutshell, our reader argues that increasing the supply of housing will do nothing to bring down prices. With mortgage rates as low as 2 to 3 per cent, ... to import US interest rates, whether the local economy is in step with the US business cycle or not. Right now that means Hong Kong is replicating the Federal Reserve's ultra-low interest ...

    http://www.scmp.com/business/article/1063430/yes-hk-peg-blame-alternatives-are-worse
  7. noticeboard

    Posted Jul 29th 2012, 12:00am

    ... 15 Shining examples Sparkles 2012 is the largest student variety show in Hong Kong. The top 12 semi-finalists will compete in the grand final next month. Guest starring Andy Chow Kwok-Yin, Sugar Club and Supper Moment. When: August 15, 6pm Where: Starhall ...

    http://www.scmp.com/article/1008054/noticeboard
  8. Business - Economy - CURRENCIES

    Pegging Hong Kong dollar against yuan 'could take years'

    Posted Apr 30th 2013, 12:00am by KANIS LI

    ... dollar interest rates will inevitably be mirrored in the city, keeping the Hong Kong dollar low and leaving the city vulnerable to imported inflation from the mainland, since the yuan would ... were supplementary to the system. Domestic loan growth, nearly 30 per cent a year in 2009 and 2010, had fallen to a single-digit rate at present, he said. Inflation would not go on rising ...

    http://www.scmp.com/business/economy/article/1226313/pegging-hong-kong-dollar-against-yuan-could-take-years
  9. Room rates soar as hotels cash in on Christmas

    Posted Dec 16th 2011, 12:00am

    ... Ada Lee ada.lee@scmp.com There is definitely very little room at the inn this Christmas, with Hong Kong hotel-occupancy rates reaching 98 per cent, prompting room prices to jump a massive ... HK$8,200 to HK$16,200 for a double room next Friday. On Christmas night, the rates were from HK$4,900 to HK$19,200. No rooms were available on Christmas Eve. The reception desk at the Four Seasons ...

    http://www.scmp.com/article/987864/room-rates-soar-hotels-cash-christmas
  10. Corrections & clarifications

    Posted Jun 06th 2012, 12:00am

    ... In an article headlined 'Don't raise bid for metal exchange, lawmaker says' on B2 yesterday, the bid amount of more than GBP1 billion should have been converted to HK$11.93 billion, not HK$1.19 trillion. The error was introduced in the edit ...

    http://www.scmp.com/article/1003145/corrections-clarifications

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