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  • July 24, 2014
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  1. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

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

    ... economy and markets. He also sees a strong upwards trend in mergers and acquisitions driven by cash-rich, family-owned businesses that have outgrown their home market. This is prodding the owners ...

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

    Xi Jinping departs for South America tour

    Posted Jul 13th 2014, 11:15am by AFP, Reuters

    ... that has historically been tied to the US economically. Brazil will also announce the sale of about 25 planes made by Embraer to Chinese airlines on Thursday during Xi's visit, a Brazilian official said. Brazilian president Dilma Rousseff's international affairs adviser, Marco Aurelio Garcia, said on Friday that the aircraft sale and plans for cooperation in infrastructure ...

    http://www.scmp.com/news/china/article/1553212/chinas-leader-xi-jinping-departs-south-america-tour
  3. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

    Posted Jul 14th 2014, 03:09am by Benjamin Robertson

    ... susceptible to human meddling. Stephen Green, the head of Greater China research at Standard Chartered Bank, has referenced cement and steel production, electricity usage, and KFC restaurant sales ...

    http://www.scmp.com/business/economy/article/1553600/mainland-china-growth-rates-dont-add
  4. News - Hong Kong - ECONOMY

    Jobless rate could rise if retail sales keep declining, financial secretary warns

    Posted Jun 09th 2014, 03:03am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Poor April figures and troubling external business factors worry financial secretary Fall in retail sales could cost jobs, Tsang says Hong Kong's unemployment rate of 3.1 per cent may go up if retail sales continue to shrink and the external business environment does not improve, Financial Secretary John Tsang Chun-wah warned yesterday. He ...

    http://www.scmp.com/news/hong-kong/article/1528229/jobless-rate-could-rise-if-retail-sales-keep-declining-financial
  5. Business - Economy - ECONOMY

    Worst may be over for China economy as stimulus kicks in

    Posted Jun 14th 2014, 04:21am by Victoria Ruan

    ... Kuijs, economist, RBS Home sales value in the first five months dropped 10.2 per cent, while sales of office building units fell 14 per cent. However, the weakness in the real estate sector was offset ... Victoria Ruan in Beijing victoria.ruan@scmp.com Weakness in property offset by strong infrastructure investment and more robust retail sales, indicating initial success in policy ...

    http://www.scmp.com/business/economy/article/1532113/worst-may-be-over-china-economy-stimulus-kicks
  6. News - Hong Kong - ECONOMY

    Slump in luxury sales offers little hope rents will become affordable for small shop owners

    Posted Jun 04th 2014, 11:16pm by DENISE TANG

    ... this happen, government initiatives are needed." Mak was speaking a day after the government reported a 9.8 per cent fall in retail sales in April, the biggest in five years. She said consumer ... for mainlanders in 2003 was coming to an end. Last year, 40 million mainland visitors came to Hong Kong, generating about a third of the city's retail sales. Their number has been forecast to hit 100 ...

    http://www.scmp.com/news/hong-kong/article/1525540/slump-luxury-sales-offers-little-hope-rents-will-become-affordable
  7. Business - Economy - ECONOMY

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

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

    ... of a national sales tax rise, underscoring views the economy will absorb the increase largely unscathed. The 0.5 per cent month-on-month rise compared with the median estimate of a 0.9 per cent increase ... in the summer from the April 1 sales tax rise and spending slump in the current quarter. That rebound could further dampen expectations the Bank of Japan will ease policy again this year, ...

    http://www.scmp.com/business/economy/article/1543897/japans-industrial-output-rises-may-signalling-rebound-after-tax
  8. Comment - Insight & Opinion - ECONOMY

    Why economic stimulus no longer works for China

    Posted Jun 23rd 2014, 10:42am by Derek Scissors

    ... economic improvement. But mainland economic data is not nearly accurate enough to render the very slight upticks in industrial production, retail sales and other indicators at all meaningful. ... is the top priority and the jobs situation is acceptable. While the property market is suffering, from a national standpoint it needs to suffer. Higher property prices and sales would only heighten ...

    http://www.scmp.com/comment/insight-opinion/article/1538761/why-economic-stimulus-no-longer-works-china
  9. Business - Economy - ECONOMY

    US jobless claims show surprise increase in week

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

    ... week. Retail sales rose less than expected last month, but that probably will do little to change expectations of an acceleration in growth this quarter as data for the previous months was revised higher. The commerce department said retail sales, which account for a third of consumer spending, gained 0.3 per cent after a revised 0.5 per cent jump in April. Economists had forecast ...

    http://www.scmp.com/business/economy/article/1531111/us-jobless-claims-show-surprise-increase-week
  10. Business - China Business - ECONOMY

    China holiday sales grow at slowest in decade amid crackdown on graft

    Posted Feb 07th 2014, 02:54pm by Langi Chiang

    ... market, the ministry said. Sales of mobile phones and computers more than doubled in Hebei province. Sales of home appliances grew 61 per cent in Gansu province. Jewellery sales rose 35 per cent ... Langi Chiang langi.chiang@scmp.com Lunar New Year holiday spending on mainland rises 13.3pc year-on-year amid graft crackdown Holiday sales grow at slowest pace in decade Lunar New Year ...

    http://www.scmp.com/business/china-business/article/1422884/retail-spending-growth-china-during-lunar-new-year-holiday

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