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  • July 14, 2014
  • Last updated: 2:46pm
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  1. Business - Economy

    Chan Ka-keung calms fears of higher rates after cut in Fed bond purchases

    Posted Jun 20th 2014, 12:59am by Enoch Yiu

    ... fears of higher rates Homeowners do not have to worry about a sudden surge in interest rates, which would further hit an already ailing property market after the United States Federal Reserve's move to further reduce its bond-buying programme, a minister said yesterday. "The Federal Reserve has always indicated it would not increase interest rates in the near term. ...

  2. Business - Banking & Finance - MONETARY POLICY

    Beijing to reduce intervention in yuan when time is right, PBOC chief says

    Posted Jul 10th 2014, 03:07pm by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Beijing pushes back as US treasury secretary calls for market-determined exchange rate Yuan intervention to ease when time right, says PBOC China will increase the flexibility of the yuan exchange rate and reduce intervention when conditions are ready, its central bank chief said yesterday. "We hope that market demand ...

  3. Business - Economy

    Bank of England surprised by markets' failure to price in rate rise

    Posted Jun 19th 2014, 01:02am by Reuters

    ... Reuters in London BOE surprised by markets' failure to price in rate rise Bank of England policymakers were surprised earlier this month that markets had not priced in a higher chance of an interest rate rise this year, minutes of their June 4-5 policy meeting released yesterday showed. Bank governor Mark Carney shocked markets last week by saying that a rise in rates could come ...

  4. Business - Economy

    Thailand expects economic pickup after leaving key interest rate steady

    Posted Jun 19th 2014, 12:55am by Reuters

    ... Reuters in Bangkok Thailand expects pickup after leaving rates steady Thailand's central bank left its key interest rate unchanged yesterday as expected and almost halved its economic ... the one-day repurchase rate at 2 per cent. The rate was cut by 25 basis points in November last year and by the same amount in March. Thailand has been battered by political unrest since late last ...

  5. News - China - SOCIETY

    Heartbreaking news: China’s divorce rate jumps 13pc as more choose to untie the knot

    Posted Jun 18th 2014, 01:36pm by WU NAN

    ... Wu Nan nan.wu@scmp.com About 3.5 million couples filed for divorce last year, with a fifth taking their case to the courts The mainland’s divorce rate has risen by almost 13 per cent, ... the divorce rate on the mainland – which has been steadily rising over the past decade – had gone up 12.8 per cent last year compared with 2012. Data from the bulletin showed that civil affairs ...

  6. News - Asia - SINGAPORE

    Singapore PM Lee urges more babies for Year of the Horse

    Posted Jan 30th 2014, 01:50pm by Agence France-Presse

    ... “Unfortunately, despite our efforts to promote marriage and parenthood, our birth rates are still too low,” Lee, a father of four, said. Lee said Singapore’s current fertility rate is 1.19 babies per ... the year.” Despite a series of so-called “baby bonuses” to encourage couples to have children, Singapore has not been able to boost its fertility rate to the 2.1 level needed to maintain ...

  7. Business - Economy

    Chart of the day: Mind the coal gap

    Posted Jul 12th 2014, 12:52am by NICK EDWARDS

    ... Spectron. “It is increasingly obvious that the domestic coal price will not find the floor unless we start to see stronger coal burn utilisation rates,” Georgi Slavov, head of basic resources research at the company, wrote in a note to clients. The bounce in utilisation rates to 87 per cent in June from April’s 81per cent should have been the trigger for a rebound in profits, ...

  8. Lifestyle - Arts & Culture

    Tai Po’s indie star in the making

    Posted Jul 07th 2014, 07:11pm by RACHEL MOK

    ... these autographs at the players' tunnel during my three years working there." The fertile music scene in the UK was an eye-opening experience for him, too. "People are really keen on live ...

  9. Scrapping the one-child policy won't boost China's birth rate

    Posted Jul 13th 2012, 12:00am

    ... They are certainly right that China's fertility rate is low. In the late 1960s, the average woman could expect to bear six children over the course of her lifetime. By 2010, that number had plunged ... of Beijing's draconian family planning laws. What's more, in the 10 years following the policy's introduction, the fertility rate barely changed. As a result, it is clear that those who blame ...

  10. Business - Economy - MACROSCOPE

    Why US equities rally despite patchy economic growth

    Posted Jul 09th 2014, 05:19am by Reuters

    ... growth, and margins with them, prompting a new round of investment in capacity and allowing for the vast majority of recently made risky loans to be repaid. The economy requires a lower rate ... with an investment of US$200 million of his own funds, markets are doing nothing more than mechanically calculating the value of future flows of income based on the belief that growth and interest rates ...




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