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  • July 30, 2014
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  1. Glencore takes inflation in stride

    Posted Jun 15th 2011, 12:00am

    ... company unveiled its first quarterly results as a public company, Glencore chief executive Ivan Glasenberg insisted that soaring mainland inflation would cause just a temporary pause in the bank ... they get some inflation they do pull back on things like bank lending, but these are short-term efforts we see from time to time.' Consumer prices on the mainland rose 5.5 per cent year ...

  2. Higher prices add inflation pressure

    Posted Nov 03rd 2007, 12:00am by Cary Huang

    ... could hit poorer residents as consumer inflation has already reached decade-high record. Zhu Hongren, a vice-head of the National Development and Reform Commission's economic operations department, said higher upstream prices could stoke inflation if companies managed to pass on the costs. 'At present, continuous increases in material prices are not only boosting production ...

  3. Shoppers count the cost of rising inflation

    Posted Feb 24th 2007, 12:00am by Agnes Lam

    ... now and there is no way you can avoid inflation,' housewife Ho Yin-ping said. ...

  4. Prices continue to rise but inflation still low

    Posted Apr 23rd 2005, 12:00am by Staff Reporter

    ... Staff Reporter Prices in Hong Kong maintained their rising trend last month, with the consumer price index recording a 0.8 per cent year-on-year increase- as it did in February. The year-on-year rise in electricity charges was higher last month than in Fe ...

  5. Move to limit impact of fuel price increases

    Posted Jun 22nd 2008, 12:00am by Staff Reporter

    ... Natalie Chiu The government yesterday signalled its determination to limit the impact on inflation of its decision last week to sharply increase fuel and energy prices. The National ... will be punished.' The commission announced on Thursday that it would allow retail petrol and diesel prices to rise by up to 18 per cent. Inflation has been rising fast on the mainland, though last month ...

  6. Mainland factory prices surge to three-year high

    Posted May 10th 2008, 12:00am by Staff Reporter

    ... it difficult for the mainland authorities to contain inflation. Yesterday, crude oil reached a record US$126.20 a barrel. While addressing a financial forum in Shanghai yesterday, Vice-Premier Wang Qishan said the government would strengthen macroeconomic controls through prudent fiscal policies and tighter monetary policies to guard against accelerating inflation. Guotai Junan Securities ...

  7. Crude price breaches US$57 barrier

    Posted Mar 18th 2005, 12:00am by Eric Ng

    ... with some analysts noting that so far, oil price gains have had little upward impact on inflation. 'You also need to look at oil prices in terms of what they will do to interest rates,' ...

  8. Laundries pressed to raise prices

    Posted Nov 06th 2004, 12:00am by Polly Hui

    ... Polly Hui Government criticises union advertisement calling for 10pc hike to compensate for cost of oil The government has condemned a union after it urged laundries to increase their prices by 10 per cent. In an announcement yesterday in several Chinese- ...

  9. Beijing on the right road with fuel price rises

    Posted Jun 21st 2008, 12:00am by Staff Reporter

    ... are correct, the government will be compelled to raise prices again. Despite concern about inflation, low fuel prices are unsustainable. Even after yesterday's rises at the pump, prices for petrol ... The significance of the policy shift behind the fuel price rises should not be underestimated. It sends a signal that Beijing is willing to confront immediate fears of inflation and social instability ...

  10. Time almost right to scrap fuel price caps

    Posted Jun 09th 2008, 12:00am by Tom Holland

    ... inflation, which hit 8.5 per cent last month. However, with food prices now falling on a month-on-month basis and the headline inflation rate expected to decline over the coming months, there is heavy speculation that the government will seize the opportunity following the Olympic Games in August to begin dismantling its fuel price controls. That may push inflation back up in the short ...




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