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  • July 13, 2014
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  1. Business - Banking & Finance

    US consumer debt rises despite less use of credit cards

    Posted Nov 08th 2013, 12:42pm by Reuters

    ... Reuters in Washington US consumer credit rose more than expected in September, but credit card usage fell for a fourth straight month, which could help shed some light on the slowdown in consumer spending growth during the third quarter. Total consumer cr ...

    http://www.scmp.com/business/banking-finance/article/1350687/us-consumer-debt-rises-despite-less-use-credit-cards
  2. Business - Economy - COMMENT

    US household debts grow amid investment drought

    Posted Nov 22nd 2013, 03:02am by Reuters

    ... James Saft Conflicting spending patterns are blamed for soaring asset prices in a bleak job market US household debts grow amid investment drought Households in the United States are borrowing like it's 2008 but businesses simply won't play along. That gap, between households which once again are taking on debt and businesses which can find nothing better to do ...

    http://www.scmp.com/business/economy/article/1362275/us-household-debts-grow-amid-investment-drought
  3. Business - Comment - JAKE'S VIEW

    HKMA chief's household debt fears overblown

    Posted May 07th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com A clearer view of indebtedness reveals nothing to fret over, despite HKMA chief's alarmist talk Household debt concerns can be shown the door Soaring household debt and rampant consumer spending have put Hong Kong's economy at risk of overheating, the city's central bank boss said yesterday. SCMP, May 4   Let's ...

    http://www.scmp.com/business/article/1231746/hkma-chiefs-household-debt-fears-overblown
  4. Business - Comment - LAI SEE

    Incinerators are not the only way to deal with household waste

    Posted Feb 26th 2014, 01:14am by Howard Winn

    ... bust together with debts to employees and suppliers while another company it registered in November is believed to be the conduit for payments for work completed which is being funnelled back ...

    http://www.scmp.com/business/article/1435273/incinerators-are-not-only-way-deal-household-waste
  5. Business - Economy - ECONOMY

    Mortgage debt a threat to recovery, says Bank of England

    Posted Jun 14th 2014, 04:19am by Bloomberg

    ... Bloomberg in London Britain's central bank governor warns interest rates could rise soon as housing loans increase BOE sees threat from surging mortgage debt Bank of England governor Mark Carney said rising mortgage debt might threaten Britain's recovery as he signalled interest rates might start to increase earlier than expected. While investors do not see the central ...

    http://www.scmp.com/business/economy/article/1532080/mortgage-debt-threat-recovery-says-bank-england
  6. Business - Comment - MONITOR

    Why the HKMA should fret over consumer debt

    Posted May 07th 2013, 12:00am by Tom Holland

    ... of trying to live beyond their means. Among other things, Chan is worried that private consumption is growing faster than incomes, and that the city's level of household debt is rising, ... points out, household debts have actually declined as a proportion of total loans. I am not so sure he should dismiss the debt-to-GDP measure so lightly. After all, the ratio of a country's ...

    http://www.scmp.com/business/article/1231717/why-hkma-should-fret-over-consumer-debt
  7. News - Hong Kong - ENVIRONMENT

    Households vote on how to pay for their waste

    Posted Jun 27th 2014, 02:39am by CHEUNG CHI-FAI

    ... Cheung Chi-fai chifai.cheung@scmp.com Households vote on how to pay for their waste Charging individual households for the volume of waste they produce is the preferred method for people ... of such households preferred this method- the so-called "designated rubbish bag" approach, as it relies on households disposing of waste in rubbish bags of varying volume and prices. About 25 per ...

    http://www.scmp.com/news/hong-kong/article/1541344/households-vote-how-pay-their-waste
  8. Business - Money - DEBT

    Global watchdogs search for new credit bubble risks

    Posted Jul 11th 2014, 01:31am by Reuters

    ... Reuters in London Asset managers' accumulation of corporate and sovereign debt sends out warning signals as markets continue to show signs of overexuberance Watchdogs search for new ... for International Settlements (BIS), the Basel-based forum for central banks, seemed pretty convinced global debt markets were once again in risky territory and heading for a fall. The BIS focused mainly ...

    http://www.scmp.com/business/money/markets-investing/article/1551442/global-watchdogs-search-new-credit-bubble-risks
  9. Business - Economy - THE VIEW

    China’s debt dominoes could fall fast

    Posted Jul 10th 2014, 10:11am by RICHARD HARRIS

    ... Richard Harris Mainland debt points to crisis as profligacy of local governments sees public borrowing hit US$3 trillion Debt at tipping point The game of dominoes was invented in mainland ... debt goes wrong. We know from public, private and anecdotal sources that public debt levels on the mainland are very high. The big debts lie with local governments- there is a combined public ...

    http://www.scmp.com/business/economy/article/1550901/chinas-debt-dominoes-could-fall-fast
  10. Property - Hong Kong & China

    Rise in housing prices renews debate on affordability

    Posted Jul 11th 2014, 01:31am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Analysts say household affordability not the reason for higher property values but rather the imbalance between supply and demand Price rise renews debate on wealth Housing affordability is back in focus as property prices in the city show signs of picking up. According to BNP Paribas, indicators of housing affordability are stretched as household ...

    http://www.scmp.com/property/hong-kong-china/article/1551496/rise-housing-prices-renews-debate-affordability

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