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  • October 31, 2014
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  1. Business - Economy - ECONOMY

    US labour strength spurs hopes for early rate rise

    Posted Oct 04th 2014, 04:46am by Reuters

    ... Reuters in Washington US labour strength spurs talk of early rate rise Employers in the United States stepped up hiring last month and the jobless rate fell to a six-year low, which could bolster bets on a Federal Reserve interest rate rise in mid-2015 or even earlier. Yesterday's report on hiring is the most significant gauge of the economy's health ahead of the November ...

    http://www.scmp.com/business/economy/article/1609132/us-labour-strength-spurs-hopes-early-rate-rise
  2. Business - Economy - ECONOMY

    Japan's Abe is 'neutral' on raising sales tax

    Posted Oct 06th 2014, 04:10am by Reuters

    ... neutral" on the decision, Amari said yesterday. "The prime minister is carefully searching to find the most effective combination to achieve economic recovery, stability ...

    http://www.scmp.com/business/economy/article/1610305/japans-abe-neutral-raising-sales-tax
  3. Business - Economy - ECONOMY

    G20 chiefs fear market risks from low interest rates

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

    ... facilitate the eventual normalisation of monetary policy in advanced economies, the G20 finance chiefs said. "There was a strong focus on the need to carefully communicate potential monetary policy changes," Hockey said. "In this regard I want to particularly commend the chair of the Federal Reserve, Janet Yellen, for the careful and deliberate way she has undertaken ...

    http://www.scmp.com/business/economy/article/1597565/g20-chiefs-fear-market-risks-low-interest-rates
  4. News - China - ECONOMY

    Cut taxes to boost the economy, urges China's second richest man Zong Qinghou

    Posted Aug 25th 2014, 03:35pm by Kathy Gao

    ... Zong said. "For instance, we need to further develop things such as education, health care, culture and protection of the environment." He warned that continued heavy taxation could ...

    http://www.scmp.com/news/china/article/1580537/chinas-second-richest-man-zong-qinghou-tells-government-tax-cuts-will
  5. Business - Economy - ECONOMY

    Changing tides could shift focus from China to Africa

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

    ... for a relocation of some industries to Africa, then this may help accelerate the speed at which Africa harnesses the demographic dividend," Drummond said. Investors are already carefully observing ... that it would become "old before it's rich". "There already is an impact," Neumann said. "But by 2020, the effects will become much more apparent, particularly in health ...

    http://www.scmp.com/business/economy/article/1580413/changing-tides-could-shift-focus-china-africa
  6. News - China - ECONOMY

    Li Keqiang leaves world business leaders disappointed at Tianjin economic forum

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

    ... to judge the health of the economy, warning that keeping the status quo might store up trouble for the future. In his opening remarks, Li again stressed that employment was a policy priority, ...

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

    Ageing mainland faces challenges

    Posted Feb 04th 2013, 12:00am by Victoria Ruan

    ... last year from 9.3 per cent in 2011. It was the slowest rate since 1999. Deutsche Bank greater China chief economist Ma Jun said "pension and health-care costs will be the biggest ... for improvements to the social welfare system and health-care services. The government should establish a long-term nursing insurance system, just as Japan and South Korea had done, Du said. In Japan, ...

    http://www.scmp.com/business/economy/article/1142705/ageing-mainland-faces-challenges
  8. News - Hong Kong - ECONOMY

    Don't get burnt on hot money flowing into Hong Kong, investors warned

    Posted Aug 12th 2014, 11:51pm by Enoch Yiu

    ... of the [cross-border trading] scheme. Investors should be careful as the hot money may leave as many of these foreign investors are eyeing quick profits only." Ben Kwong Man-bun, a director of KGI Asia, ...

    http://www.scmp.com/news/hong-kong/article/1572450/dont-get-burned-hot-money-flowing-hong-kong-investors-warned
  9. News - Hong Kong - ECONOMY

    John Tsang Chun-wah warns of 'perfect storm' from protests

    Posted Aug 11th 2014, 06:10am by NG KANG-CHUNG

    ... chances to international speculators". "We can't be too careful. On the one hand, we have to step up risk management; on the other hand, we should avoid creating risks ...

    http://www.scmp.com/news/hong-kong/article/1570817/john-tsang-chun-wah-warns-perfect-storm-protests
  10. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... lenders. Kim said the World Bank agreed to launch a study in collaboration with Beijing on reforms for China's health sector in a bid to help the country accelerate its efforts to provide "affordable quality care", especially for its ageing population and a middle class facing chronic diseases. The World Bank has forecast China's economic growth rate will reach about 7.6 per ...

    http://www.scmp.com/business/economy/article/1549975/world-bank-chief-backs-launch-brics-bank

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