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  • July 11, 2014
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  1. Business - Economy - ECONOMY

    IMF forecasts strengthening economic growth in second half

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

    ... 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 momentum could be weaker than expected, International Monetary Fund managing director Christine Lagarde said yesterday, adding that the IMF did not expect a sharp slowdown in China. Lagarde said ...

    http://www.scmp.com/business/economy/article/1548294/imf-forecasts-strengthening-economic-growth-second-half
  2. News - China - ECONOMY

    US Treasury secretary leaves talks with China pledge to reduce currency intervention

    Posted Jul 11th 2014, 04:36am by Victoria Ruan

    ... than 2 per cent in the first half. Beijing also committed to further opening up the services sector to foreign investment, including the financial, and speed up the revision of its guidelines ...

    http://www.scmp.com/news/china/article/1551487/us-treasury-secretary-leaves-talks-china-pledge-reduce-currency
  3. Business - Economy - ECONOMY

    Weaker June inflation data may prompt more stimulus from Beijing

    Posted Jul 09th 2014, 10:45am by Reuters

    ... May, versus a forecast of no change in monthly prices. In the first half of this year, average consumer inflation was 2.3 per cent, way below the official ceiling of 3.5 per cent set ...

    http://www.scmp.com/business/economy/article/1550172/china-inflation-slows-23pc
  4. Business - Economy - ECONOMY

    Joining trade pact to boost China growth

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... likely in the first half of 2015, Australian Trade Minister Andrew Robb has said. ...

    http://www.scmp.com/business/economy/article/1539896/joining-trade-pact-boost-china-growth
  5. Business - Economy - ECONOMY

    Euro-zone business growth slows amid price-cutting

    Posted Jun 24th 2014, 05:58am by Reuters

    ... in and there is little prospect for any improvement as we move into the second half," Williamson said. Meanwhile, the US manufacturing sector expanded more strongly than expected, with the rate of growth ...

    http://www.scmp.com/business/economy/article/1539224/euro-zone-business-growth-slows-amid-price-cutting
  6. News - China - ECONOMY

    Local government debt show signs of improving

    Posted Jun 24th 2014, 07:48pm by Keith Zhai

    ... This was seven percentage points below the average rate for the first half of 2013. However, almost 58 billion yuan of expired debt was repaid by funds from new loans. Official spending on meetings, ...

    http://www.scmp.com/news/china/article/1539727/chinas-audit-central-government-budget-uncovers-array-problems
  7. 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

    ... economic development over the past half-century". Tsang wrote: "Hong Kong's economy and the country's development has always been closely linked," adding ... that the number of mainland visitors needed to be cut by at least half. "There is an obvious problem and the financial chief is in denial. He is playing ostrich," Mo, of concern group Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang
  8. Business - Economy - ECONOMY

    BOJ mulls big balance sheet after CPI target

    Posted Jun 13th 2014, 05:57am by Bloomberg

    ... cent pace. The possibility of permanently large balance sheets- in Japan's case, now amounting to more than half the size of the economy- may become a global legacy of unprecedented ...

    http://www.scmp.com/business/economy/article/1531064/boj-mulls-big-balance-sheet-after-cpi-target
  9. Business - Economy - ECONOMY

    Beijing prodded to act on growth amid risk of further slowdown

    Posted Jun 02nd 2014, 03:07am by Victoria Ruan

    ... it's impossible to control, though Beijing is going to try hard to push it into priority areas," he said. It is estimated that a broad-based reserve ratio cut of half a percentage point ...

    http://www.scmp.com/business/economy/article/1523465/beijing-prodded-act-growth-amid-risk-further-slowdown
  10. News - World - ECONOMY

    85 richest own wealth of half world's population, says Oxfam

    Posted Jan 21st 2014, 01:33am by AFP

    ... on the planet "own the wealth of half the world's population," Oxfam said in an introduction to a new report on widening disparities between the rich and poor. Winnie Byanyima, the Oxfam executive director who will attend the Davos meetings, said: "It is staggering that in the 21st century, half of the world's population- that's three and a half billion people- own ...

    http://www.scmp.com/news/world/article/1410022/85-richest-own-wealth-half-worlds-population-says-oxfam

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