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  • August 28, 2014
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  1. Business - Economy - ECONOMY

    Changing tides could shift focus from China to Africa

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

    ... by 2030. Meanwhile, an IMF working paper said changes in the demographics of Sub-Saharan Africa- tipped to account for 80 per cent of global population growth this century- could boost per capita GDP there by 56 per cent by 2100. China's working-age population shrank for the first time in 2012, and the National Bureau of Statistics said it narrowed by 3.45 million last year. ...

    http://www.scmp.com/business/economy/article/1580413/changing-tides-could-shift-focus-china-africa
  2. Business - Economy - ECONOMY

    Time for Asia to tighten monetary policy

    Posted Jun 04th 2014, 05:08am by ROB SUBBARAMAN

    ... Rob Subbaraman As the world economy picks up, Asian central banks are playing with fire as they delay raising interest rates after years of monetary easing Time to tighten Asian central ... since super-easy monetary policies were adopted by the Fed, the Bank of England and others in response to the economic downturn triggered by the global financial crisis, and the world economy ...

    http://www.scmp.com/business/economy/article/1524838/time-asia-tighten-monetary-policy
  3. News - Hong Kong - ECONOMY

    Forecasts for Hong Kong growth downbeat

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

    ... in global demand, followed by a decrease in spending by mainland visitors and a headwind in the property market. A possible factor is the rumoured change in the individual visit scheme under which ... and the Occupy Central movement has yet to affect the second quarter. Leung said the current economy seemed unaffected. Conversely, chaos in global politics would draw capital to politically more stable ...

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

    BOJ upbeat on outlook, despite weakness in exports and output

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

    ... that the world's third-largest economy is recovering but offered a bleaker take on exports and output, nodding to a recent batch of soft data that dashed hopes that overseas shipments will pick up in time ... 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 ...

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

    Hong Kong economy slows as stocks climb, property booms

    Posted Aug 15th 2014, 06:20pm by Amy Nip

    ... to the frenzy in the stock and property markets. The Hang Seng Index yesterday broke the 25,000 barrier for the first time since May 2008, before closing at 24,954.94- the highest since November 8, ...

    http://www.scmp.com/news/hong-kong/article/1574301/hong-kong-lowers-annual-growth-forecast-after-worst-quarter-2012
  6. Business - Economy - ECONOMY

    IMF forecasts strengthening economic growth in second half

    Posted Jul 07th 2014, 05:26am by Reuters

    ... The IMF had at that time forecast that global output would grow by 3.6 per cent in 2014 and 3.9 per cent in 2015. "Global activity is picking up but the momentum could be less strong than we ... Reuters in Aix-en-Provence IMF chief predicts stronger global growth this half Global economic activity should strengthen in the second half of this year and accelerate in 2015 although ...

    http://www.scmp.com/business/economy/article/1548294/imf-forecasts-strengthening-economic-growth-second-half
  7. Business - Economy - ECONOMY

    Trade boost fails to dispel fears over contraction in German economy

    Posted Aug 09th 2014, 04:10am by Reuters

    ... predict the economy could actually contract for the first time since late 2012. Other data this week has disappointed, with industrial orders suffering their sharpest fall in nearly three years ...

    http://www.scmp.com/business/economy/article/1569585/trade-boost-fails-dispel-fears-over-contraction-german-economy
  8. Business - Economy - ECONOMY

    African lions hope to emulate economies of Asian tigers

    Posted Aug 05th 2014, 03:26am by Bloomberg

    ... of the global economy could triple by 2050, while average per-capita income could surge sixfold and 1.4 billion more Africans could join the middle class, under the most optimistic of scenarios sketched ... secured 5.7 per cent of global foreign direct investment projects last year, up from 3.6 per cent a decade earlier, accounting firm EY said in its 2014 Africa Attractiveness Survey, released ...

    http://www.scmp.com/business/economy/article/1566550/african-lions-hope-emulate-economies-asian-tigers
  9. News - Hong Kong - ECONOMY

    Would you like a rise with that? How Hong Kong fares on the Big Mac Index

    Posted Aug 05th 2014, 10:50pm by PHILA

    ... that it is not too high or low. For a place that has just implemented minimum wage for a short time, this level is very suitable," he said. But a union leader was surprised by the results. "I think ... of HK$28 in May 2011 after years of heated debates between unionists and employers. At the time about 189,000 workers were making HK$28 an hour while 327,200 were earning HK$30 an hour. DON'T ...

    http://www.scmp.com/news/hong-kong/article/1567209/would-you-rise-how-hong-kong-fares-big-mac-index
  10. News - Hong Kong - ECONOMY

    Slide in Hong Kong’s retail sales continues in June with 6.9pc drop

    Posted Jul 31st 2014, 11:36pm by Amy Nip

    ... the end of this year. For the first six months as a whole, retail sales decreased 1.3 per cent- the worst first-half performance since 2009, during the global financial crisis. The Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop

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