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  1. Interest costs, lower property income cut Towngas profit

    Posted Sep 14th 2006, 12:00am by Denise Tsang

    ... profit fell 19.7 per cent on lower property income and higher interest expenses. Net profit dropped to HK$2.5 billion from HK$3.12 billion. Turnover grew 12.03 per cent to HK$5.41 billion, helped ... through debt drove up interest expenses to HK$146.2 million from HK$24.6 million. Towngas forecast smaller gas bills next year when it begins a partial switch to cheaper natural gas. The 12 HK ...

    http://www.scmp.com/article/563950/interest-costs-lower-property-income-cut-towngas-profit
  2. Panva lifts interest in Anshan gas venture

    Posted Mar 25th 2005, 12:00am by Denise Tsang

    ... Denise Tsang Panva Gas Holdings, one of the mainland's largest private piped-gas suppliers, has tightened its grip on a piped-gas project in Liaoning province by boosting its interest ... purchase of of a 30 per cent interest in the project for 41.46 million yuan. Panva, committed to a 51 per cent interest for 70.49 million yuan in the Anshan City Gas project, yesterday said ...

    http://www.scmp.com/article/494217/panva-lifts-interest-anshan-gas-venture
  3. KCRC seeks developers' interest in key project

    Posted Jan 03rd 2005, 12:00am by Denise Tsang

    ... Denise Tsang Railway operator is looking to exploit market sentiment to help recoup costs The Kowloon-Canton Railway Corp (KCRC) has invited developers to express their interest ... for the first quarter of the year. The move comes three weeks after MTR Corp solicited developers for its Tseung Kwan O Area 86 development. Seventeen developers have signalled an interest in bidding ...

    http://www.scmp.com/article/484089/kcrc-seeks-developers-interest-key-project
  4. Homebuyers to feel rates heat

    Posted Jul 05th 2005, 12:00am by Denise Tsang, Sandy Li

    ... interest rates that could take the steam out of the property market and have knock-on effects on domestic consumption. Yesterday's announcement that banks would institute an across-the-board ... interest rates by 50 basis points, rather than 25,' CLSA banking analyst Dominic Chan said. 'It will certainly [affect] the property market in the short term.' Interest ...

    http://www.scmp.com/article/507161/homebuyers-feel-rates-heat
  5. Tight monetary policy overdone, say majority of mainland bankers

    Posted Jun 26th 2008, 12:00am by Denise Tsang

    ... in commercial banks having to set aside a record 17.5 per cent of their deposits as reserves. It has kept interest rates on hold so far this year, after six increases last year, to avoid attracting more capital into the world's fourth-largest economy. The one-year deposit rate is 4.14 per cent while the one-year loan rate is 7.47 per cent. 'Bankers believe the current interest rates ...

    http://www.scmp.com/article/642961/tight-monetary-policy-overdone-say-majority-mainland-bankers
  6. Beijing says US levy on tyres 'unreasonable'

    Posted Jul 04th 2009, 12:00am by Denise Tsang

    ... will urge the US to consider from the perspective of mutual interest and scrap the proposed import duties,' the ministry said. 'The US should not send a wrong signal ... consumers' interest ultimately. The proposed duty is pending final approval by President Barack Obama in September. Some economists said the decision would signal how his administration handled trade ...

    http://www.scmp.com/article/685797/beijing-says-us-levy-tyres-unreasonable
  7. Provision slashes Panva profit

    Posted Apr 25th 2006, 12:00am by Denise Tsang

    ... Denise Tsang Gas supplier may face rating downgrade after $208 million hedging for interest rate swaps cuts its earnings 45 per cent Panva Gas Holdings, a mainland piped-gas supplier, faces a possible downgrade of its credit ratings after a surprise provision of $208 million for interest rate swaps slashed its earnings 45.4 per cent to $155.77 million last year. Standard ...

    http://www.scmp.com/article/546199/provision-slashes-panva-profit
  8. Further pump-priming on cards as exports fall

    Posted Jan 14th 2009, 12:00am by Denise Tsang

    ... pressure on policymakers to strengthen domestic demand and resume cutting interest rates. On a full-year basis, exports rose 17.2 per cent to US$1.42 trillion and imports grew 18.5 per cent ... force Beijing to boost efforts to increase domestic consumption, raising the prospect that the central bank could cut interest rates by at least 81 basis points this year and boost credit ...

    http://www.scmp.com/article/666872/further-pump-priming-cards-exports-fall
  9. Output slows but inflation still No 1 worry

    Posted Dec 31st 2010, 12:00am by Denise Tsang

    ... the impact of excessive fund inflows arising from the United States' latest round of quantitative easing and 'modest' interest rate increases were necessary, he said. In its latest ...

    http://www.scmp.com/article/734417/output-slows-inflation-still-no-1-worry
  10. Mainland manufacturing sector drops to six-month low in April

    Posted May 05th 2010, 12:00am by Denise Tsang

    ... effective in dealing with negative real interest rates, inflation expectations, and spot prices. Within a few months, the government will have to resort to rate rises and some price controls.' ...

    http://www.scmp.com/article/713459/mainland-manufacturing-sector-drops-six-month-low-april

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