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  • July 13, 2014
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  1. Business - Commodities - ENERGY

    Deutsche Bank lends US$1b in Japan solar gold rush

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

    ... are staying." Deutsche Bank declined to disclose the interest rates for the solar loans. The average new lending rate in Japan was a record-low 0.779 per cent in May, data from the central bank showed. ... deflation has lowered interest rates in Japan. The benchmark 10-year yield has dropped 24 basis points to 0.555 per cent since December 2012 when Prime Minister Shinzo Abe came to power calling ...

    http://www.scmp.com/business/commodities/article/1549940/deutsche-bank-lends-us1b-japan-solar-gold-rush
  2. News - Hong Kong - LABOUR

    MTR staff launch protest against 'disappointing' pay rise

    Posted Jul 10th 2014, 04:30am by Ada Lee

    ... 2.38 per cent and 7 per cent next year and that pay would go up for most employees by more than 4.75 per cent. The average rate of salary increase for all MTR staff worked out to 5.25 per cent, ... because the salaries were not attractive, he added. The MTR said it had studied salary increase rates in 29 companies that were considered "good employers" before it set its own rates ...

    http://www.scmp.com/news/hong-kong/article/1550590/mtr-staff-launch-protest-against-disappointing-pay-rise
  3. Comment - Insight & Opinion - LEADER

    Measles threat to migrant workers

    Posted Jul 13th 2014, 03:25am by SCMP Editorial

    ... families. According to a survey by Beijing health authorities, more than 92 per cent of permanent residents' children have had measles shots, but the rate drops to 54.7 per cent in some areas ...

    http://www.scmp.com/comment/insight-opinion/article/1552893/measles-threat-migrant-workers
  4. Property - Hong Kong & China

    Banks revise Hong Kong home price forecasts amid slower declines

    Posted Jul 12th 2014, 12:53am by Peggy Sito

    ... interest rate expansion and a less-than-expected impact of rising primary supply on secondary prices," Ngai said. While prices of new homes have fallen, those of second-hand homes have shown ... of the market next year would be determined by interest rate movements and treasury yields. If residential yield rises by 15 basis points and assuming flat growth in rents, residential prices could fall ...

    http://www.scmp.com/property/hong-kong-china/article/1552388/banks-revise-hong-kong-home-price-forecasts-amid-slower
  5. News - China - MEDIA

    Guangdong TV news channel quietly changing from Cantonese to Putonghua

    Posted Jul 11th 2014, 11:33pm by Mimi Lau

    ... channel, the sources said. The channel has endured lower ratings than its competitors in the city. While preparations are underway for programmes to switch from Cantonese to Putonghua, GDTV's ...

    http://www.scmp.com/news/china/article/1552398/guangdong-tv-news-channel-quietly-changing-cantonese-putonghua
  6. Business - Banking & Finance - BONDS

    Wave of ratings downgrades for mainland firms

    Posted Jun 10th 2014, 01:02am by BLOOM

    ... Bloomberg in Shanghai Record number of borrowers suffer the fate this year, with worst to come amid shake-out in debt market as economy slows, analysts say Wave of ratings downgrades for mainland firms Mainland companies suffered a record number of debt-rating cuts this year and the nation's second-biggest brokerage says the worst is yet to come. "The economy's ...

    http://www.scmp.com/business/banking-finance/article/1528903/wave-ratings-downgrades-mainland-firms
  7. News - China - SINO-US RELATIONS

    Balance needed in financial reforms, Wang Yang says at summit with US

    Posted Jul 10th 2014, 04:39am by KWON MAN-KI, Teddy Ng

    ... despite the US calls that it step up its exchange-rate reform at the annual economic and strategic talks between the two nations. "The US has been stepping up the pressure on our currency ... slow." Wang said the right timing and speed were needed during the financial reform process, along with a reasonable balance. China's exchange-rate policy has been a constant issue during ...

    http://www.scmp.com/news/china/article/1550594/balance-needed-financial-reforms-wang-yang-says-summit-us
  8. Comment - Letters

    Letters to the Editor, July 13, 2014

    Posted Jul 13th 2014, 03:25am by LETTERS

    ... flat before a sale can take place as making a nonsense of "real private ownership". Surely no business mind would expect homeowners who already enjoy subsidised rates from the state to be granted the same privileges as those who pay market rates for their private condominiums? By Bowring's estimation, Singapore has grown faster than Hong Kong in recent years largely because ...

    http://www.scmp.com/comment/letters/article/1552891/letters-editor-july-13-2014
  9. Magazines - Post Magazine - TRAVEL

    Travellers' checks

    Posted Jul 12th 2014, 11:21pm by Adam Nebbs

    ... owners in January. Located about halfway between Buckingham Palace and Westminster Bridge, the hotel has received mixed online reviews since it rebranded, but rates are quite reasonable by London ... "Excellent" reviews at TripAdvisor, from HK$2,490, and the similarly rated Grand Soluxe Angkor Palace Resort & Spa from HK$2,790. Two five-star resorts on offer include Le Meridien Angkor from ...

    http://www.scmp.com/magazines/post-magazine/article/1549448/travellers-checks
  10. Business - Banking & Finance - INVESTMENT

    China's structured product offerings fall amid shadow banking curbs

    Posted Jul 12th 2014, 12:52am by BLOOM

    ... "For banks to offer higher yields than deposit rates on the products, they have to go through non-loan channels," Hong Kong-based Meng said. "The central-bank move sealed off a lot ... in China that is linked to the three-month London interbank offered rate and pays an annualised return of between 2.5 per cent to 6.1 per cent, according to its website. Chinese banks' ...

    http://www.scmp.com/business/banking-finance/article/1552351/chinas-structured-product-offerings-fall-amid-shadow

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