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  • September 2, 2014
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  1. News - China - POLITICS

    Bosses at China's state-owned enterprises face pay cuts of up to 50pc

    Posted Aug 20th 2014, 11:42pm by Staff Reporter

    ... point to their counterparts in the West and complain their incomes are too low. Former premier Wen Jiabao pledged in 2002 when he took office that he would push for reform and cap the salary ... times". By the time he stepped down in 2012, no reform had been carried out. Professor Li Shi, executive dean of the China Institute for Income Distribution at Beijing Normal University, said talk ...

    http://www.scmp.com/news/china/article/1578004/bosses-chinas-state-owned-enterprises-face-pay-cuts-50-cent
  2. Business - Money - STOCKS

    Cost of raising a child sinks hopes for China's baby-boom stocks

    Posted Aug 22nd 2014, 01:21am by BLOOM

    ... costs about 23,000 yuan (HK$28,950) a year, according to Credit Suisse, equivalent to 43 per cent of the average household income. "There was too much speculation about a baby boom," ... increased 4.9 per cent. Biostime sank to the lowest level since July last year on Wednesday after reporting first-half net income that trailed analysts' estimates, extending this year's ...

    http://www.scmp.com/business/money/markets-investing/article/1578686/cost-raising-child-sinks-hopes-chinas-baby-boom
  3. Business - Comment - LAI SEE

    Luxury crackdown brings fear of flying first class in China

    Posted Aug 29th 2014, 01:11am by Howard Winn

    ... the company's interim results. The move stems from President Xi Jinping's crackdown on corruption and excessive perks. "Unreasonably high and excessive incomes must be regulated," he said ...

    http://www.scmp.com/business/article/1581570/luxury-crackdown-brings-fear-flying-first-class-china
  4. News - Hong Kong - BUSINESS

    Stock exchange aims to ensure Occupy Central will not halt trading

    Posted Aug 29th 2014, 12:11am by Enoch Yiu

    ... as an international financial centre. "It will create inconvenience for investors while the brokers will lose their commission income and break their rice bowl. We oppose any movement that may ...

    http://www.scmp.com/business/money/markets-investing/article/1581572/stock-exchange-aims-ensure-occupy-central-will-not
  5. Business - Money

    Chart of the day: How trade and investment add up

    Posted Aug 09th 2014, 04:10am by NICK EDWARDS

    ... relationship: regional trade pacts, deregulation in China and rising incomes across Asia. ...

    http://www.scmp.com/business/money/markets-investing/article/1569581/chart-day-how-trade-and-investment-add
  6. 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
  7. Business - Economy - THE VIEW

    What the minimum wage failed to do

    Posted Jul 29th 2014, 11:48am by Richard Wong

    ... for workers Concern about the ability of markets to provide income equity for the least able members of the workforce has given the minimum wage its strong social appeal. Statutory minimum wages were ... enacted a minimum wage law in May 2011. Has this helped low-income households and reduced income inequality? A preliminary answer to this question can be gleaned from the data in the General ...

    http://www.scmp.com/business/economy/article/1561731/what-minimum-wage-failed-do
  8. Business - Companies - EARNINGS

    Singapore shooting-range builder Starburst to gain from Mideast unrest

    Posted Aug 26th 2014, 01:10am by BLOOM

    ... the size of its fabrication facility in Singapore. Starburst's net income was likely to almost double to S$16.1 million this year and climb to S$28.4 million next year, supported by its strong ...

    http://www.scmp.com/business/companies/article/1580638/singapore-shooting-range-builder-starburst-gain-mideast-unrest
  9. Business - Companies - EARNINGS

    K Wah aims to double its investment property portfolio

    Posted Aug 25th 2014, 02:26pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com K Wah to step up investment focus after sales slide K Wah International aims to double its investment property portfolio to 200,000 square metres in the next three to four years in a bid to enhance its recurrent income after first-half profit sank 76 per cent to HK$214 million due to a sharp fall in property sales. Excluding a HK$101.94 million ...

    http://www.scmp.com/business/companies/article/1580530/k-wah-international-profit-down-76pc
  10. Business - Banking & Finance

    Cash pile mitigates liquidity worries in US bond market

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... liquidity worries in US bond market The record US$3.5 trillion stockpiled in United States fixed-income funds is raising the spectre that the bond market will buckle under the strain of redemptions ... and ended at 2.34 per cent last week. The bond market had been supported by individuals pouring money into fixed-income mutual funds, which had boosted their assets by US$1.77 trillion since 2008, ...

    http://www.scmp.com/business/banking-finance/article/1577219/cash-pile-mitigates-liquidity-worries-us-bond-market

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