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  • April 25, 2014
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  1. Business - Economy

    Incoming Fed chief faces challenge to boost US inflation to above 2pc

    Posted Jan 28th 2014, 01:35am by BLOOM

    ... Bloomberg in New York Incoming Fed chief faces challenge to boost inflation to above 2 per cent while keeping interest rates at zero amid a tapering of bond purchases Tall order for Yellen One of Janet Yellen's first challenges as Federal Reserve chairwoman is generating enough inflation to meet the US central bank's target of 2 per cent. Policymakers have failed ...

    http://www.scmp.com/business/economy/article/1415290/incoming-fed-chief-faces-challenge-boost-us-inflation-above-2pc
  2. News - Hong Kong - POLICY ADDRESS

    Low-income family supplement a step forward but more needs to be done

    Posted Jan 16th 2014, 07:11am by HO HEI-WAH

    ... for decades. The low-income family supplement, a secondary safety net advocated by grass-roots organisations since the handover, shows a fundamental change in the way the government views wealth distribution. It is a step by the administration towards tackling one of the deep-seated contradictions in our society. According to statistics from the Commission on Poverty, about 300,000 low-income ...

    http://www.scmp.com/news/hong-kong/article/1406450/low-income-family-supplement-step-forward-more-needs-be-done
  3. News - Hong Kong

    Give subsidies to all low-income families, group suggests

    Posted Jan 06th 2014, 04:02am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com 'Give subsidies to all low-income families' A group that fights for social welfare benefits has urged the government to give out allowances to all low-income families. The Society for Community Organisation has suggested- ahead of the chief executive's Policy Address this month- that the government subsidise all low-income families ...

    http://www.scmp.com/news/hong-kong/article/1398516/give-subsidies-all-low-income-families-group-suggests
  4. Business - China Business - INSURANCE

    Chinese insurers to get income boost from reform

    Posted Dec 30th 2013, 12:03pm by Kwong Man-ki

    ... income boost from reform Regulatory reform this year is positioning mainland insurers for solid growth in premium income, with prospects for next year boosted by expectations of more diverse ... income," said Lillian Zhu, a research manager at investment consulting firm Z-Ben Advisors. The China Insurance Regulatory Commission announced in August the removal of a 2.5 per cent cap ...

    http://www.scmp.com/business/china-business/article/1393049/chinese-insurers-get-income-boost-reform
  5. News - China Insider - CELEBRITY

    Zhang Yimou asked to declare income after admitting breach of one-child policy

    Posted Dec 02nd 2013, 05:05pm by Patrick Boehler

    ... office in Wuxi- where Zhang and his wife hold residency- asked the 62-year old filmmaker to disclose his income to calculate the fine, the provincial daily Yangtse Evening Post reported ... report their income. The director of classics such as Red Sorghum and blockbusters such as Hero said in a statement Sunday that he would co-operate with the investigation and accept his ...

    http://www.scmp.com/news/china-insider/article/1371088/zhang-yimou-asked-declare-income-bows-public-pressure-over-breach
  6. News - Hong Kong - EDUCATION

    Incoming HKU law dean puts freedom at the heart of his plans

    Posted Nov 30th 2013, 04:21am by Austin Chiu

    ... Austin Chiu austin.chiu@scmp.com Incoming professor sets out liberty of expression and debate as key principles New HKU law dean focused on freedom The incoming law dean of the University of Hong Kong has vowed to protect academic freedom, promote freedom of expression and reach decisions that will be in the city's best interests. Professor Michael Hor Yew Meng, from ...

    http://www.scmp.com/news/hong-kong/article/1369113/incoming-hku-law-dean-puts-freedom-heart-his-plans
  7. Business - Comment - JAKE'S VIEW

    Money's talking when lawyers oppose ancient law

    Posted Apr 24th 2014, 01:11am by Jake Van Der Kamp

    ... Jake van der Kamp The law of champerty, like other old-fashioned legal system rules, threatens lawyers' incomes, which is why they are adamantly against it Money's talking when ... to champerty. It is that they think champerty threatens their incomes. The Amalgamated Brotherhood of Associated Legal Workers is just like any other union. Now, I'm fine with that. I don't ...

    http://www.scmp.com/business/article/1495426/moneys-talking-when-lawyers-oppose-ancient-law
  8. News - World

    US consumer spending slows to 0.2 percent gain in September; income rises 0.5 percent

    Posted Nov 08th 2013, 09:35pm by AP

    ... WASHINGTON (AP) — US consumer spending slows to 0.2 percent gain in September; income rises 0.5 percent. ...

    http://www.scmp.com/news/world/article/1351186/us-consumer-spending-slows-02-percent-gain-september-income-rises-05
  9. News - China

    Rural land restrictions in China hurt efforts to raise farmers' incomes

    Posted Nov 11th 2013, 11:15pm by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com The rules, experts say, have hobbled efforts to raise incomes of farmers and develop the Chinese countryside over the last decade Rural land restrictions ... say, have hobbled efforts to raise the incomes of farmers and develop the Chinese countryside over the last decade as millions left for cities in search of better lives. But hopes are high ...

    http://www.scmp.com/news/china/article/1353867/rural-land-restrictions-china-hurt-efforts-raise-farmers-incomes
  10. Business - Banking & Finance - EARNINGS

    Credit Suisse misses estimates with 34pc profit fall

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... analysts' estimates, as earnings at the investment bank dropped. Net income decreased to 859 million Swiss francs (HK$7.5 billion) from 1.3 billion francs in the year-earlier quarter, the company ... Chase. "This was a miss led by fixed-income and equity trading, with a slight beat in wealth management on cost control and in-line performance in retail and asset management," wrote ...

    http://www.scmp.com/business/banking-finance/article/1484839/credit-suisse-misses-estimates-34pc-profit-fall

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