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  • July 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. Business - Companies

    State Grid talks for stake in Italian grid at advanced stage

    Posted Jul 25th 2014, 01:35am by Reuters

    ... source of income even when the economy is struggling. With the purchase of a stake in CDP Reti, State Grid Corp, which distributes power to 1.1 billion people across nearly 90 per cent of China, ...

    http://www.scmp.com/business/companies/article/1558532/state-grid-talks-stake-italian-grid-advanced-stage
  3. 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
  4. News - World

    Children who lose a parent more likely to die young, say Scandinavian researchers

    Posted Jul 23rd 2014, 10:57pm by NYT

    ... of a parent, a tragedy experienced by about 3 to 4 per cent of children in high-income countries, according to data from the US Census Bureau. So researchers from Aarhus University in Denmark, ...

    http://www.scmp.com/news/world/article/1557607/children-who-lose-parent-more-likely-die-young-say-scandinavian
  5. Business - Commodities - COMMODITIES

    Macquarie takes full control of US terminals business

    Posted Jul 09th 2014, 05:20am by Bloomberg

    ... billion to Macquarie's operating income in the year ended March 31, boosting its fixed income, currencies and commodities business revenue by 29 per cent, it said in a filing. The business was the second- largest revenue earner behind the funds management unit. Income from its business in the Americas, largely in the US, overtook its home market of Australia for the first time ...

    http://www.scmp.com/business/commodities/article/1549937/macquarie-takes-full-control-us-terminals-business
  6. News - China Insider - FOOD

    No more cheap breakfasts? Street food hawkers banned from Beijing's Haidian district

    Posted Jul 17th 2014, 04:30pm by Nectar Gan

    ... Nectar Gan nectar.gan@scmp.com Worries mount that crackdown on Haidian hawkers would leave lower-income families with no cheap breakfast options Street carts selling steaming heaps ... breakfast while waiting for buses on the way to work. There are worries that the government’s alternative food establishments would be out of reach for Haidian District’s lower-income families. ...

    http://www.scmp.com/news/china-insider/article/1555591/no-more-cheap-breakfasts-street-food-hawkers-banned-beijings
  7. Property - International - BRITAIN

    London prices fall as British property market cools

    Posted Jul 23rd 2014, 05:20am by Bloomberg

    ... stability officials set a cap on loan-income ratios last month to prevent surging prices leading to an excessive build-up of debt. The declines were "a sign of some sellers asking beyond what ...

    http://www.scmp.com/property/international/article/1557221/london-prices-fall-british-property-market-cools
  8. News - Hong Kong - SOCIAL WELFARE

    Guangdong retirees collect their fruit money

    Posted Jul 21st 2014, 06:20am by Staff Reporter

    ... to Hongkongers aged 65 to 69 who are on low incomes, and to all residents aged 70 and over. A Social Welfare Department spokesman warned anyone eligible to apply for the Guangdong Scheme to do so before ...

    http://www.scmp.com/news/hong-kong/article/1556737/guangdong-retirees-collect-their-fruit-money
  9. 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
  10. Business - Banking & Finance - BANKING

    Alibaba teams up with mainland banks to offer loans to SMEs

    Posted Jul 23rd 2014, 01:33am by Sophie Yu

    ... are willing to join internet firms as more loans mean more interest income for them," said Ricky Lai, an analyst at Guotai Junan International. He expected to see more internet finance products ...

    http://www.scmp.com/business/banking-finance/article/1557338/alibaba-teams-mainland-banks-offer-loans-smes

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