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  • August 27, 2014
  • Last updated: 10:46pm
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Results 1 - 10 of 370 for financial industry

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  1. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... The financial secretary brushed off as "exaggerated" and "inconsistent with the facts" suggestions the economy has become too reliant on mainland visitors. John Tsang Chun-wah, ... industries such as retail and hospitality, which provided more than 220,000 jobs, many of them unskilled, and accounted for 6 per cent of the workforce. Chief Executive Leung Chun-ying recently ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang
  2. News - Hong Kong - ECONOMY

    Jobless rate could rise if retail sales keep declining, financial secretary warns

    Posted Jun 09th 2014, 03:03am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Poor April figures and troubling external business factors worry financial secretary Fall in retail sales could cost jobs, Tsang says Hong Kong's unemployment rate of 3.1 per cent may go up if retail sales continue to shrink and the external business environment does not improve, Financial Secretary John Tsang Chun-wah warned yesterday. He ...

    http://www.scmp.com/news/hong-kong/article/1528229/jobless-rate-could-rise-if-retail-sales-keep-declining-financial
  3. News - Hong Kong - ECONOMY

    Hong Kong Monetary Authority chief Norman Chan adds to gloom on economy

    Posted Aug 11th 2014, 11:28pm by Patsy Moy

    ... chief Norman Chan Tak-lam warned that the city's financial system could come under pressure when the United States raises its interest rates- a day after Financial Secretary John Tsang ... of the city's Chamber of Food and Beverage Industry, was also worried about the impact of Ebola on the catering industry. "Hundreds of restaurants were forced to close down during Sars. ...

    http://www.scmp.com/news/hong-kong/article/1571643/hong-kong-monetary-authority-chief-norman-chan-adds-gloom-economy
  4. News - China - ECONOMY

    Cut taxes to boost the economy, urges China's second richest man Zong Qinghou

    Posted Aug 25th 2014, 03:35pm by Kathy Gao

    ... calls for tax cuts The mainland's second-richest man, Zong Qinghou, has urged the government to cut taxes and spending to boost economic growth, according to a financial news site. ... financial news site quoted Zong telling a group of economists and entrepreneurs at the Yabuli China Entrepreneurs Summer Summit in Zhengzhou, Henan province, on Saturday. He suggested ...

    http://www.scmp.com/news/china/article/1580537/chinas-second-richest-man-zong-qinghou-tells-government-tax-cuts-will
  5. Business - Economy - ECONOMY

    Changing tides could shift focus from China to Africa

    Posted Aug 25th 2014, 03:33am by JUNE SUN

    ... for a relocation of some industries to Africa, then this may help accelerate the speed at which Africa harnesses the demographic dividend," Drummond said. Investors are already carefully observing ...

    http://www.scmp.com/business/economy/article/1580413/changing-tides-could-shift-focus-china-africa
  6. News - China - ECONOMY

    Top Communist Party official's inclusion on task force reflects China's economic concerns

    Posted Aug 21st 2014, 05:02am by Cary Huang

    ... the party nerve centre, has been made a member of the Central Leading Group on Financial and Economic Affairs. On Monday, Xi chaired the group's meeting. Also in attendance were deputy group ... Liu's inclusion was significant. "Indeed, the inclusion shows the importance of economic and financial affairs in the overall policymaking of the new leadership," he said. "It may ...

    http://www.scmp.com/news/china/article/1577934/top-communist-party-officials-inclusion-task-force-reflects-chinas
  7. News - Hong Kong - ECONOMY

    Beijing to consult Hong Kong on its 13th five-year plan

    Posted Aug 20th 2014, 04:14am by Denise Tsang

    ... strong debate on Hong Kong's autonomy. A Hong Kong government spokeswoman said the administration's bureaus and departments were considering the issue while soliciting industry views. ...

    http://www.scmp.com/news/hong-kong/article/1577268/beijing-consult-hong-kong-its-13th-five-year-plan
  8. News - Hong Kong - ECONOMY

    Political tensions could undermine Hong Kong as China's top financial centre: Joseph Yam

    Posted Jun 23rd 2014, 11:36pm by Cannix Yau and Enoch Yiu

    ... Cannix Yau and Enoch Yiu Amid tensions over electoral reform, former Monetary Authority chief warns of threat to Hong Kong as China's top financial centre Political uncertainty 'could undermine city' Hong Kong's former central banker Joseph Yam Chi-kwong has warned that the city could lose its status as China's top financial centre if political ...

    http://www.scmp.com/news/hong-kong/article/1539240/political-tensions-could-undermine-hong-kong-top-financial-centre
  9. News - Hong Kong - ECONOMY

    Forecasts for Hong Kong growth downbeat

    Posted Aug 19th 2014, 04:18am by Arthur Chan

    ... economies such as Hong Kong. According to ANZ, such movement is unlikely to have an immediate impact on the city's financial markets, but might hurt its economic competitiveness. They believe ...

    http://www.scmp.com/news/hong-kong/article/1576268/forecasts-hong-kong-growth-downbeat
  10. Business - Economy - ECONOMY

    BOJ upbeat on outlook, despite weakness in exports and output

    Posted Aug 08th 2014, 04:21pm by Reuters

    ... stimulus is required even though data next week is expected to show the biggest contraction in economic activity since the global financial crisis. "Japan's economy is likely to continue ... increase crimps consumption. The central bank also acknowledged "some weakness" in industrial output. "The bank does not need to change its expectations that inflation ...

    http://www.scmp.com/business/economy/article/1569230/boj-upbeat-outlook-despite-weakness-exports-and-output

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