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  • October 2, 2014
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Results 1 - 10 of 390 for financial industry

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  1. Business - Economy - ECONOMY

    Weaker mainland China industrial output fuels regional pessimism

    Posted Sep 16th 2014, 03:23am by Victoria Ruan

    ... industrial output growth since the global financial crisis, prompting analysts to trim their economic outlook forecasts. Hong Kong's benchmark Hang Seng Index fell 1 per cent, with H shares ... Victoria Ruan in Beijing victoria.ruan@scmp.com Industrial output growth at six-year low, throwing into doubt the annual GDP target of 7.5pc unless Beijing introduces further monetary ...

    http://www.scmp.com/business/economy/article/1593498/weaker-mainland-china-industrial-output-fuels-regional-pessimism
  2. 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
  3. 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
  4. Business - Economy - ECONOMY

    Guangdong eyes SOE reform

    Posted Sep 29th 2014, 03:58am by Enoch Yiu, Sophie Yu

    ... by 2017. Some analysts think the target is too optimistic, especially while key factors- such as which industries will let in private investors and what ownership levels they can move to- ... by 2020. This requirement excludes those state enterprises deemed to be subject to national security considerations, with investors left guessing on the industries that may be off-limits. Gilbert ...

    http://www.scmp.com/business/economy/article/1603492/guangdong-eyes-soe-reform
  5. Business - Economy - ECONOMY

    Australia worries about two housing markets: its own and China's

    Posted Oct 01st 2014, 04:18am by Reuters

    ... for commodities, it matters just as much in the big picture as the domestic market." The property sector accounts for about 15 per cent of the Chinese economy and its impact on some 40 industries ... on the shadow banking sector as one of his key concerns. The central bank devoted a chunk of its biannual report on China's financial system to highlight the risks, noting that about half of all ...

    http://www.scmp.com/business/economy/article/1604932/australia-worries-about-two-housing-markets-its-own-and-chinas
  6. Business - Economy - ECONOMY

    More bad signs for Japan’s economy

    Posted Sep 30th 2014, 10:14am by Reuters

    ... with the second stage of the sales tax rise." The April tax increase, which drove the economy into its biggest slump since the global financial crisis in the second quarter, is keeping up pressure ... and abroad. Trade ministry data showed industrial output fell 1.5 per cent in August, as hopes for a solid bounce remained elusive after the post-tax rise slump. Japan's economy shrank ...

    http://www.scmp.com/business/economy/article/1604421/more-bad-signs-japans-economy
  7. Business - Economy - ECONOMY

    ADB sees China meeting 2014 GDP target but cuts view on Hong Kong

    Posted Sep 25th 2014, 03:06pm by Victoria Ruan

    ... for its resilience and flexibility in coping with changes, as proved in its capability to withstand the major shock of the Asian financial crisis. "We certainly hope Hong Kong is able to keep ... that showed further slowdown in growth of industrial output and property investment. The ADB said Beijing would likely adopt a tighter monetary policy next year after the government's targeted ...

    http://www.scmp.com/business/economy/article/1600180/adb-sees-china-meeting-2014-gdp-target-cuts-view-hk
  8. Business - Economy - ECONOMY

    China's factories pick up pace but credit costs hold back recovery

    Posted Sep 23rd 2014, 10:35am by Victoria Ruan

    ... and industrial output rose at the slowest pace since the global financial crisis. The PMI survey's employment sub-index slid this month to 46.9, the worst level since March 2009, from 47.4 ...

    http://www.scmp.com/business/economy/article/1598561/china-factory-activity-edges-employment-shrinks
  9. Business - Economy - ECONOMY

    China central bank sees role for shadow banking

    Posted Sep 27th 2014, 05:33am by Victoria Ruan

    ... control risks in shadow banking while still enhancing financial services to the weakest sectors in the real economy, People's Bank of China deputy governor Hu Xiaolian told the International ... financial services for the weak areas in the society, such as small firms." As mainland banks tend to favour lending to big state-owned clients with implicit government guarantees, ...

    http://www.scmp.com/business/economy/article/1601273/china-central-bank-sees-role-shadow-banking
  10. Business - Economy - ECONOMY

    G20 ministers and central bank governors push for 1.8pc growth spurt

    Posted Sep 22nd 2014, 04:28am by AFP

    ... and financial risks to achieve extra combined growth of 1.8 per cent, adding trillions of dollars to the world economy. Their two-day meeting in Cairns was focused on developing a set of policies ... far- including accelerating infrastructure investment and financial reform and encouraging free trade- could add 1.8 per cent to GDP by 2018 and create millions of jobs. But more reforms were ...

    http://www.scmp.com/business/economy/article/1597641/g20-ministers-and-central-bank-governors-push-18pc-growth-spurt

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