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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. Stocks take a pounding on interest-rate worries

    Posted Oct 13th 2005, 12:00am by Staff Reporter

    ... expectations of a prolonged cycle of rising interest rates. While morning trading was flat, a sell-down that started at noon and snowballed after the midday break saw the blue-chip index shed 323.75 ... a September 20 policy meeting of the United States Federal Reserve released on Tuesday did little to allay investors' fears and confirmed that more interest-rate increases are likely ...

  3. A victory for the public over drivers' self-interest

    Posted Jul 05th 2005, 12:00am by Staff Reporter

    ... of opposition from professional drivers' groups, which some legislators have strongly supported. It seems that lawmakers will finally put the public interest first. For the past three years, ... Liberal Party legislator representing the transport constituency, has championed their cause. This all smacks of putting self-interest ahead of the public interest- and rather contemptible ...

  4. Canada's oil sands draw new interest

    Posted Aug 08th 2005, 12:00am by John Gray

    ... investment interest in the development of massive oil sand reserves in the Canadian province of Alberta. Last week, Kinder Morgan paid US$3.1 billion to buy Terasen, giving the United States energy ... is 'home to one of the greatest concentrations of investment on the planet'. The expectation in Alberta is that China will be a source of particular interest in oil sands investments. In April ...

  5. Coal and interest costs deal blow to Huadian's earnings

    Posted Aug 26th 2005, 12:00am by Eric Ng

    ... Eric Ng Coal costs and interest expenses are expected again to weigh on Huadian Power International Corp's profit in the second half of the year, according to analysts. The company- ... by a 25.6 per cent rise in its unit fuel costs and a 30.9 per cent jump in its interest expenses. Separately, the National Development and Reform Commission has announced a timetable for the closure ...

  6. CNOOC revives interest in wake of oil price rise

    Posted Aug 26th 2005, 12:00am by Staff Reporter

    ... Fiona Lau and Anette Jonsson A strong performance from China's largest offshore oil producer, CNOOC, on the back of record oil prices, helped Hong Kong share prices higher for the first day in three yesterday- despite market jitters ahead of the wide ...

  7. HSBC should toe the line on interest rates, says Li

    Posted Apr 09th 2005, 12:00am by Staff Reporter

    ... Kelvin Wong HSBC risks losing customers if it does not follow smaller competitors in raising savings deposit interest rates in the next two to three weeks, says a senior banker. David Li ... their prime rates in unison. 'Before it was always HSBC which led the market [in adjusting interest rates], but I think now other banks can play the same role,' he said. 'I hope ...

  8. Interest gap with US dollar figures narrows

    Posted Apr 05th 2005, 12:00am by Staff Reporter

    ... capital mobility, fixed exchange rates can attract speculative capital flows, which can produce unwanted side-effects,' he said in a report. 'Very low interest rates can promote ... with a floating exchange rate and an inflation target that the Hong Kong Monetary Authority (HKMA) would manage through short-term interest rates, Mr Condon argued. 'Such an exchange rate regime ...

  9. Interest rate worries

    Posted Jul 06th 2005, 12:00am by Staff Reporter

    ... Major banks yesterday lifted prime lending rates by half a percentage point, raising concerns about mortgage defaults and an impact on consumer confidence. Are the increases too aggressive? Share your views. Write to us ...

  10. All work and no play makes Scarlett an interesting girl

    Posted Apr 10th 2005, 12:00am by Kavita Daswani

    ... Kavita Daswani As one of Hollywood's busiest actresses, it's not surprising that Scarlett Johansson says she wouldn't know what to do with herself if ever she decided to take some time off. 'I don't have any hobbies,' she say ...




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