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  1. Income target on course, says StanChart

    Posted Nov 03rd 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Standard Chartered, Britain's second-largest lender by market value, said it would stick to targeted double-digit income growth for the full year, after ... recent movements in the foreign exchange markets did present some challenges, as Asian currencies weakened against the US dollar. If the trends persist, it could pinch fourth-quarter income ...

    http://www.scmp.com/article/983755/income-target-course-says-stanchart
  2. HKEx income shrinks as global turmoil takes toll

    Posted Nov 12th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong Exchanges and Clearing said third-quarter net profit dropped 8 per cent from the previous quarter as the global market turmoil discouraged new stock listings and hurt its investments. Analysts believe the weak outloo ...

    http://www.scmp.com/article/984571/hkex-income-shrinks-global-turmoil-takes-toll
  3. Law spares 60m from income tax

    Posted Sep 01st 2011, 12:00am

    ... Ed Zhang ed.zhang@scmp.com The mainland's new personal income tax law, which takes effect today, exempts 60 million people from paying the tax. The new rules, passed on July 27 by the Standing Committee of the National People's Congress, raise the threshold for taxable personal income from 2,000 yuan (HK$2,440) per month to 3,500 yuan, after the worker's contribution ...

    http://www.scmp.com/article/977735/law-spares-60m-income-tax
  4. Injecting equities into income

    Posted Aug 15th 2011, 12:00am

    ... Jasper Moiseiwitsch The Franklin Income Fund is a benchmark US$1.1 billion fund run by Franklin Templeton that returned 11.72 per cent in 2010. Historically, this has been a debt-focused fund. But more recently it has switched to an almost equal emphasis on equities and debt, with a particular focus on dividend stocks. 'The thing that stands out to me as an income buyer ...

    http://www.scmp.com/article/976199/injecting-equities-income
  5. Higher threshold for income tax stays

    Posted Jun 28th 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The top legislature has endorsed raising the income threshold for paying income tax from 2,000 yuan (HK$2,400) to 3,000 yuan a month, facing down ... the measure in its first reading two months ago. Lawmakers will deliberate for a second time on the draft changes to the Personal Income Tax Law in a three-day meeting that began yesterday. However, ...

    http://www.scmp.com/article/971898/higher-threshold-income-tax-stays
  6. Sands income up on V.I.P. junkets

    Posted Jul 28th 2011, 12:00am

    ... it reported that net income in the second quarter of this year doubled to US$267.4 million from the same period last year. Total net revenue rose 16.3 per cent year on year to US$1.21 billion ...

    http://www.scmp.com/article/974681/sands-income-vip-junkets
  7. Income tax proposals risk widening wealth gap, critics say

    Posted Apr 24th 2011, 12:00am

    ... Ed Zhang The government's draft amendment regarding personal income tax, put on hold by the National People's Congress Standing Committee, has prompted discussion in the press ... in various regions when working out how the new income tax law would implement the principle of equality. For instance, it said, a monthly salary of 3,000 yuan (HK$3,600) could go a long way in some ...

    http://www.scmp.com/article/965971/income-tax-proposals-risk-widening-wealth-gap-critics-say
  8. China Citic beats market forecasts, lifted by income from lending, fees

    Posted Apr 30th 2011, 12:00am

    ... (HK$7.85 billion), up 49.5 per cent from last year, on the back of more profitable lending and higher fee income. The bank did not release its net interest margin (NIM), a measure of lending ...

    http://www.scmp.com/article/966471/china-citic-beats-market-forecasts-lifted-income-lending-fees
  9. An income subsidy may help where welfare fails

    Posted Feb 07th 2011, 12:00am by Mike Rowse

    ... of a scheme whereby the tax authorities actually pay out money to people who earn less than a certain figure. Hence, the name 'negative income tax'. Broadly, the shape is as follows: you ... something similar with an 'earned income tax credit'. What this means is you add up all the allowances you are entitled to and then compare the figure with your actual salary. If the total ...

    http://www.scmp.com/article/737569/income-subsidy-may-help-where-welfare-fails
  10. Investors move into fixed income funds

    Posted Sep 19th 2010, 12:00am by Kate Watson

    ... into fixed income investments are just as significant. In an environment with historically low interest rates, wealthy investors in the United States and Asia have been pouring money ... as an offshore centre for renminbi trading by investing in the latest yuan bond funds issued in the city by Hopewell Highway Infrastructure, Haitong Asset Management and Bank of China. Fixed income ...

    http://www.scmp.com/article/725122/investors-move-fixed-income-funds

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