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  • August 24, 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 - Hong Kong - ECONOMY

    Forecasts for Hong Kong growth downbeat

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

    ... Analysts are taking a less-optimistic view of Hong Kong's economic prospects in the second half of this year after the government lowered its forecasts. A disappointing second quarter, from ... said this range was too wide. "[Second-half] economic growth in Hong Kong will at most be 2 per cent, and the annual growth rate will be much lower than 3 per cent," he said. ...

    http://www.scmp.com/news/hong-kong/article/1576268/forecasts-hong-kong-growth-downbeat
  3. 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

    ... that China's growth has slowed. China's economy grew 7.4 per cent year on year in the first half of 2014, one of the more sluggish periods compared to the two-digit growth of the past 30 years. ...

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

    Hong Kong to lower annual economic growth forecast on Friday, says John Tsang

    Posted Aug 11th 2014, 02:22pm by Lai Ying-kit

    ... about the city’s economic slowdown. “Since the city’s economic performance in the first half was worse than expected, we will cut the full-year GDP growth forecast on Friday,” Tsang wrote on his ...

    http://www.scmp.com/news/hong-kong/article/1571292/hong-kong-will-lower-annual-economic-growth-forecast-friday-says-john
  5. Business - Economy - ECONOMY

    Trade boost fails to dispel fears over contraction in German economy

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

    ... economists see a chance of a contraction in gross domestic product when data for the second quarter is released next Thursday. "Despite the positive result in the first half of the year, we ...

    http://www.scmp.com/business/economy/article/1569585/trade-boost-fails-dispel-fears-over-contraction-german-economy
  6. 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

    ... performance of Hong Kong's retail sales continued in June, producing the worst first-half showing since 2009. The government's monthly statistics released yesterday showed that sales revenue ... 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
  7. Business - Economy - ECONOMY

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

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

    ... of the economy this year. To limit the drag from a cooling housing sector on the overall economy, nearly half of the regional governments have started relaxing curbs on home purchases this year, ...

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

    Restaurants serving locals keep up sales amid drop in tourist spending

    Posted Aug 01st 2014, 04:03am by Amy Nip

    ... In the first half of this year, restaurant revenues rose 3.6 per cent despite a 0.8 per cent drop in customer flow. In comparison, retail sales dropped 1.3 per cent by value and 1.1 per cent by volume, ...

    http://www.scmp.com/news/hong-kong/article/1563780/restaurants-serving-locals-keep-sales-amid-drop-tourist-spending
  9. News - China - ECONOMY

    Targeted measures to spur growth

    Posted Jul 30th 2014, 05:21am by Cary Huang

    ... macro policy measures to achieve growth. The Politburo meeting had met to review the economic operation in the first half of the year and to discuss macro policy for the second half. It said ...

    http://www.scmp.com/news/china/article/1562186/targeted-measures-spur-growth
  10. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

    Posted Jul 21st 2014, 03:18am by Jasper Moiseiwitsch and Ray Chan

    ... cannot lend to property firms for the purpose of buying land. This has oriented them towards offshore bond markets, and these issuers in a given month typically make up half of Asia's ...

    http://www.scmp.com/business/economy/article/1556885/deutsche-bank-investment-director-unabashed-bull-asia-pacific

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