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

    Japan's industrial output rises in May, signalling rebound after tax hike

    Posted Jul 01st 2014, 04:05am by Reuters

    ... Reuters in Tokyo Japan's industrial output rises, signalling recovery Japan's factory output rose in May after companies cut production in April to offset the impact of a national sales tax rise, underscoring views the economy will absorb the in ...

    http://www.scmp.com/business/economy/article/1543897/japans-industrial-output-rises-may-signalling-rebound-after-tax
  2. Business - Economy - CREDIT RATINGS

    Standard & Poor’s hikes Ireland’s credit rating, maintains negative outlook for Italy

    Posted Jun 07th 2014, 02:21pm by Agence France-Presse in Dublin

    ... Agence France-Presse in Dublin Ireland's recovering economy continues to impress economic analysts as ratings agency upgrades assessment and predicts further improvement, while Italy languishes in negativity Standard & Poor’s on Friday revised up ...

    http://www.scmp.com/business/economy/article/1527378/standard-poors-hikes-irelands-credit-rating-maintains-negative
  3. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... Commission said. Residential prices and prices for fertiliser makers that use gas as feedstock will remain the same. “This round of non-residential gas price hike is the second step of price reform ... prices were much lower to protect consumers and farmers, but rising imports, which makes up over 30 per cent of consumption, forced Beijing to lift prices to stem losses for importers. The hike ...

    http://www.scmp.com/business/commodities/article/1572142/beijing-raises-natural-gas-prices-16pc
  4. Business - Banking & Finance

    Korean bank head signals rate hike

    Posted Apr 11th 2014, 12:59am by Reuters

    ... Reuters in Seoul Korean bank head signals rate hike South Korea's new central bank chief had a strong policy debut yesterday, sending plain signals supporting the market's view of an interest rate hike coming late this year and delivering on a promise to communicate more clearly than his predecessor. The Bank of Korea's monetary policy committee kept the policy rate ...

    http://www.scmp.com/business/banking-finance/article/1474704/korean-bank-head-signals-rate-hike
  5. Business - Banking & Finance - TURKEY

    Turkey stuns investors with massive rate hikes to stem lira fall

    Posted Jan 29th 2014, 04:52pm by Reuters

    ... Reuters in Istanbul Turkey’s central bank hiked all its key interest rates in dramatic fashion at an emergency midnight policy meeting, ignoring opposition from Prime Minister Tayyip ... to know that as always, I am against a hike in interest rates today,” the prime minister told reporters late on Tuesday, hours before the central bank’s meeting. “But of course I don’t have ...

    http://www.scmp.com/business/banking-finance/article/1416669/turkey-stuns-investors-massive-rate-hikes-stem-lira-fall
  6. Business - Economy

    Strong New Zealand growth points to March rates hikes

    Posted Dec 20th 2013, 01:31am by Reuters

    ... Reuters in Wellington Strongest figures in nearly four years, on the back of an agricultural rebound, may see the central bank tighten the cycle as early as March New Zealand growth points to rate rises New Zealand's economy grew at its fastest clip ...

    http://www.scmp.com/business/economy/article/1386219/strong-new-zealand-growth-points-march-rates-hikes
  7. Business - China Business - UTILITIES

    Towngas China posts 33.4pc rise in net profit

    Posted Aug 22nd 2014, 10:25am by Eric Ng

    ... to fully pass on the higher costs to its customers. The two hikes together amount to over 30 per cent. [The gas price raise] will... assure sufficient sources of gas supply for the healthy ...

    http://www.scmp.com/business/china-business/article/1579004/towngas-china-posts-334pc-rise-net-profit
  8. Business - Economy

    Japan’s quarterly growth uptick clears way for tax hikes

    Posted Sep 09th 2013, 10:57am by AFP

    ... to clear the way for a hike in the nation’s sales tax. The growth figures, which come after a massive stimulus program that has also pushed down the value of the yen, showed a big jump in firms’ ... conditions are ripe for the government to go ahead with the sales tax hike,” Nomura’s Matsuura said. Tokyo is considering whether to launch a series of sales tax hikes that many fear could derail ...

    http://www.scmp.com/business/economy/article/1306827/japans-quarterly-growth-uptick-clears-way-tax-hikes
  9. Business - Economy

    Japan growth slows in Q2, sales tax hike looms

    Posted Aug 13th 2013, 12:00am by Reuters

    ... Reuters in Tokyo Economy expands for third consecutive period but fails to meet forecast as government debt soars and capital expenditure shows surprise fall Japan records slower growth for quarter Japan's economy grew at a slower-than-expected rate ...

    http://www.scmp.com/business/economy/article/1296185/japan-records-slower-growth-quarter
  10. Business - Companies

    Dell founder hikes buyout offer, demands voting-rules change

    Posted Jul 25th 2013, 01:30pm by Reuters

    ... Reuters in San Francisco Dell founder Michael Dell raised his US$24.4 billion bid by less than 1 per cent just hours before it was to be put to a vote, tacking on a controversial demand to change voting rules to make it easier for him to buy and take the ...

    http://www.scmp.com/business/companies/article/1290372/dell-founder-hikes-buyout-offer-demands-voting-rules-change

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