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  1. Air service negotiations pit vested interests against vested interests

    Posted Apr 15th 2005, 12:00am by Russell Barling

    ... purport to offer advice that is in Hong Kong's best economic interest, it should be viewed with heavy scepticism. Just like Cathay, their motives are driven by loyalty to their shareholders, ...

  2. Bombing fallout may prompt interest rate cuts

    Posted Jul 27th 2005, 12:00am by Richard Warren

    ... interest rate cuts sooner than expected to revive consumer activity, according to analysts. Last week, four small bombs failed to detonate properly on three London Underground trains and a bus, ... this drop in confidence might affect a decision by the Bank of England when it next reviews interest rates, and this could benefit the housing sector. 'In the United States, the Federal Reserve ...

  3. High interest rates may delay launch of prosperity reit

    Posted Nov 14th 2005, 12:00am by Staff Reporter

    ... Maria Chan Cheung Kong (Holdings) chairman Li Ka-shing has raised the possibility that the firm's planned Prosperity reit could be delayed due to high interest rates even as the government pushes ahead with its Link Reit offering. Speaking after the group's annual sports day, Mr Li raised the prospect of the deal being pulled this year should interest rates continue ...

  4. Amid all the self-interest, the Vatican keeps eye out for poor

    Posted Dec 15th 2005, 12:00am by Nick Gentle

    ... According to the archbishop, the Vatican injects a moral component into what is an otherwise self-interested affair. 'We are injecting a dimension that often is forgotten,' Archbishop Tomasi said. 'That is a responsibility the world community has in looking also at the interests of the poorer countries around the table. 'We need to keep an eye out for the poor ...

  5. Asian reits hold interest despite rate rises

    Posted Nov 18th 2005, 12:00am by Staff Reporter

    ... Foster Wong While rising interest rates may have put the squeeze on yields from real estate investment trusts (reits) in the short term, it is unlikely to dampen global investor appetite for such vehicles in Asia, according to Standard & Poor's. The agency forecasts interest rates in the United States will peak next summer, with the Federal Funds Rate climbing to 5 per cent from ...

  6. Banks unite in ignoring HKMA on interest rate

    Posted Nov 04th 2005, 12:00am by Enoch Yiu, Sandy Li

    ... forced 12 lenders to ignore the banking regulator's criticism and raise their interest rates by 50 basis points yesterday. The move came a day after the four biggest lenders- HSBC, Hang Seng ... 'Banks should take into account the negative impact of rate rises when they consider their interest levels,' Mr Yam said, adding it would not be a good move if the public thought the banks ...

  7. Exco?s newcomers play down conflict-of-interest concerns

    Posted Oct 15th 2005, 12:00am by Dennis Eng

    ... to allay public fears of possible conflicts of interest despite collectively having directorships in over 50 local and overseas companies and extensive business links with one another.?I have ... Science and Technology Parks Corporation and has long known Chief Executive Donald Tsang Yamkuen, stressed he would abide by the council?s rules on declaration of interests. Mr Lo is also chairman ...

  8. Low interest rates spur Canada homes market

    Posted Oct 19th 2005, 12:00am by John Gray

    ... John Gray in Toronto Canada's continuing low interest rates pushed up home construction by a surprising 12 per cent last month, with no sign that the interest rates level ... while urban multiple dwellings jumped a startling 17.8 per cent. There had been predictions for months that the Bank of Canada would increase interest rates in line with the US. But, ...

  9. Slowing sales and interest rates dampen pace of sector recovery

    Posted Nov 22nd 2005, 12:00am by Staff Reporter

    ... and rising interest rates continue to cast a shadow over the sector. Souring sentiment has badly hit sales on the secondary market. Transactions at the 35 most popular housing estates came to 115 ... of sentiment has prompted many highly geared property speculators to slash asking prices by up to 15 per cent to sell their stocks as a deadline for full payment draws closer. Sustained interest ...

  10. HK lenders likely to follow Fed's lead with 0.25pc interest-rate rise

    Posted Nov 02nd 2005, 12:00am by Staff Reporter

    ... and raise their interest rates a further 25 basis points this week and some lenders' rates may go even higher. The Fed was widely tipped to introduce its 12th successive 25-basis point increase ... rate in a few days. He Guangbei, the vice-chairman and chief executive of Bank of China (HK), also expected that Hong Kong's banks would increase their interest rates and concurred with Mr ...




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