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  • July 28, 2014
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  1. News - Hong Kong - ECONOMY

    Year-on-year inflation in Hong Kong slowed slightly in June, government reports

    Posted Jul 21st 2014, 06:10pm by Phila Siu

    ... year-on-year in May, the Census and Statistics Department said. The slightly smaller increase was mainly due to a slowed rate of increase in private housing rent. The rise was led by 7.8 per cent price ... increase was in private housing rent, rising 5.5 per cent. In contrast, public housing rent went down 0.9 per cent. Eating out cost Hongkongers 4.7 per cent more in June than it did in the same ...

    http://www.scmp.com/news/hong-kong/article/1557006/year-year-inflation-hong-kong-slowed-slightly-june-government-reports
  2. News - Hong Kong - ECONOMY

    Logistics firms eye artificial island at HK-Zhuhai-Macau bridge

    Posted Jul 15th 2014, 04:29am by FANNY FUNG

    ... logistics industry," Institute of Purchasing and Supply chairman Timothy Lam Ping-wah said. Wong Yiu-man, technical director of BPS Global, added: "The border crossing will be connected ...

    http://www.scmp.com/news/hong-kong/article/1554240/logistics-firms-eye-artificial-island-hk-zhuhai-macau-bridge
  3. Business - Economy - ECONOMY

    Mainland China growth rates don't add up

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

    ... their "investment-intensive high growth eras". Underlining the challenge involved in studying economic growth, Chinese GDP data from the Conference Board's own in-house estimates shows a third set ...

    http://www.scmp.com/business/economy/article/1553600/mainland-china-growth-rates-dont-add
  4. Business - Banking & Finance - ECONOMY

    French economist's long-forgotten demand theory gets its due after new US policy

    Posted Jun 30th 2014, 01:20pm by STEVE HANKE

    ... to the mid-19th century. It focused on the supply side of the economy. Production was the wellspring of prosperity. The French economist JB Say (1767-1832) was a highly regarded member of the Classical School. To this day, he is best known for Say’s Law of Markets. In the popular lexicon – courtesy of John Maynard Keynes – this law simply states that “supply creates its own demand”. But, ...

    http://www.scmp.com/business/banking-finance/article/1543497/french-economists-long-forgotten-demand-theory-gets-its-due
  5. Business - Economy - ECONOMY

    Shanghai cuts negative list to woo foreign investment

    Posted Jul 02nd 2014, 01:45am by Daniel Ren

    ... mechanism, have yet to take effect. The shortened negative list is being viewed as "symbolic" rather than "substantive" since there is a limited supply of land in the free-trade ...

    http://www.scmp.com/business/economy/article/1544518/shanghai-cuts-negative-list-woo-foreign-investment
  6. Business - Economy - ECONOMY

    Worst may be over for China economy as stimulus kicks in

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

    ... of the recent moderate easing of money supply, in a bid to hold economic growth above the central government's bottom line, which is believed to be somewhere below but close to the annual target ... financial support to the country's exporters and importers. The central government also called for a strengthening of investment in selected areas such as railways and social housing ...

    http://www.scmp.com/business/economy/article/1532113/worst-may-be-over-china-economy-stimulus-kicks
  7. Business - Economy - ECONOMY

    China eases credit flow to fight slowdown

    Posted Jun 13th 2014, 05:57am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Money supply rises 13.4 per cent in May amid solid increase in new loans after Beijing urges banks to support smaller and rural businesses Mainland eases credit flow to fight slowdown The mainland authorities appear to have boosted credit supply amid slowdown fears, with data showing yesterday that banks extended more loans last month ...

    http://www.scmp.com/business/economy/article/1531105/china-eases-credit-flow-fight-slowdown
  8. Business - Economy - ECONOMY

    BOE refuses to budge as data points to higher rates

    Posted May 26th 2014, 05:06am by DAVID BROWN

    ... demand and weak housing supply are fuelling the boom. Demand is being whipped up by bullish buyer sentiment and super-low mortgage borrowing rates. The government has further ramped up market ... as the housing bubble is reinflating fast. Annual average house price inflation recently shot up to 10 per cent. It is twice that in London and there are no signs of the market cooling. ...

    http://www.scmp.com/business/economy/article/1519498/boe-refuses-budge-data-points-higher-rates
  9. 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 ... mortgage lending as a surging housing market raises concern about a potential bubble. Using those measures to head off a potential crisis could allow Carney to keep rates at a record low ...

    http://www.scmp.com/business/economy/article/1532080/mortgage-debt-threat-recovery-says-bank-england
  10. Business - Economy - ECONOMY

    New Zealand raises key rate but not done yet

    Posted Jun 12th 2014, 03:41pm by Reuters

    ... to June, as post-earthquake reconstruction in the Canterbury region, a booming housing market, high terms of trade and increasing migration drive growth. The Reserve Bank's forecast ...

    http://www.scmp.com/business/economy/article/1530828/new-zealand-raises-key-rate-not-done-yet

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