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  • September 18, 2014
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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 ...

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

    US job growth slows to 8-month low

    Posted Sep 06th 2014, 05:37am by Reuters

    ... for unemployment benefits, which are hovering near their pre-recession levels. In addition, manufacturing and service sector surveys showed strong employment growth and household perceptions of the labour ... lending rates near zero since December 2008 and financial markets do not foresee an increase until around the middle of next year. Last month's job gains were spread broadly across ...

    http://www.scmp.com/business/economy/article/1586262/us-job-growth-slows-8-month-low
  3. News - Hong Kong - ECONOMY

    Financial secretary John Tsang dismisses Li Ka-shing's warning that Hong Kong is losing its edge

    Posted Mar 02nd 2014, 05:33am by Ada Lee

    ... Ada Lee ada.lee@scmp.com Financial secretary dismisses Li Ka-shing's warning city risks losing its edge. Li, meanwhile, says 'incapable people' jibe not aimed at CY Leung We can still compete, says Tsang Financial Secretary John Tsang Chun-wah dismissed remarks by tycoon Li Ka-shing that the city's competitiveness is slipping, saying it is trying to develop ...

    http://www.scmp.com/news/hong-kong/article/1438245/financial-chief-john-tsang-hits-back-li-ka-shing-competitiveness
  4. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... Reuters in Beijing Mainland services PMI from HSBC/Markit falls to near 9-year low last month, reflecting strains in key sector and keeping spotlight on stimulus Property downturn puts clamp on services growth Growth in the mainland's services sector slowed sharply last month to its lowest level in nearly nine years, a private-sector survey showed yesterday, indicating ...

    http://www.scmp.com/business/economy/article/1566785/property-market-cool-down-drives-hsbc-china-services-pmi-lowest
  5. Business - Economy - ECONOMY

    Sovereign wealth funds threaten world markets, investors say

    Posted Sep 10th 2014, 04:05am by Reuters

    ... Reuters in London Investors say the tide of money is in danger of distorting economies from their financial reality Sovereign wealth funds 'threaten world markets' With returns ... pension money or central bank currency reserves. But the resulting tide of money is in danger of distorting markets, causing prices to reflect political priorities rather than financial reality, ...

    http://www.scmp.com/business/economy/article/1588875/sovereign-wealth-funds-threaten-world-markets-investors-say
  6. Business - Economy - ECONOMY

    China’s July official services PMI dips to six-month low

    Posted Aug 03rd 2014, 02:23pm by Reuters

    ... Reuters in Beijing PMI figures dip to six-month low as new orders slow last month Mainland services growth weakens Growth in the mainland's services sector slipped to a six-month low ... January. A reading above 50 in PMI surveys indicates an expansion in activity while one below the threshold points to a contraction. The slight retreat in the services sector came at a time when ...

    http://www.scmp.com/business/economy/article/1565516/chinas-july-official-services-pmi-dips-six-month-low
  7. News - China - ECONOMY

    Li Keqiang leaves world business leaders disappointed at Tianjin economic forum

    Posted Sep 10th 2014, 11:40pm by Victoria Ruan

    ... on year in the first half. In his speech, the premier also stressed the need to boost innovation, accelerate the launch of a deposit-insurance system, and deepen financial and capital market ...

    http://www.scmp.com/news/china/article/1589707/li-keqiang-fails-outline-new-steps-boost-economy-summer-davos-forum
  8. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... public policies, along with resilient social protection systems, sustainable public finance and well-regulated financial systems. "Coordinated policies in these areas are seen ...

    http://www.scmp.com/news/world/article/1588934/world-bank-warns-global-jobs-crisis
  9. News - China - ECONOMY

    Guangdong talks up role in ‘maritime Silk Road’ to boost trade with Asean

    Posted Aug 28th 2014, 04:45am by Andrea Chen

    ... a new trade strategy. As the financial hub of the region, Hong Kong could help lower the investment costs of Guangdong businesses and offer legal and accounting services, he said. Li also ...

    http://www.scmp.com/news/china/article/1581360/guangdong-talks-role-maritime-silk-road-boost-trade-asean
  10. Business - Economy - ECONOMY

    Japan’s economy shrinks in second quarter as sales tax rise hits

    Posted Sep 08th 2014, 09:21am by Reuters

    ... contraction was the biggest since January-March 2009, when the global financial crisis affected Japan's exports and factory output, keeping policymakers under pressure to expand fiscal ...

    http://www.scmp.com/business/economy/article/1587657/japans-economy-shrinks-second-quarter-sales-tax-rise-hits

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