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  • July 11, 2014
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  1. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... each year, but that figure is projected to hit 100 million by 2020, which has raised fears over whether the city can cope with the influx. Lawmaker Claudia Mo Man-ching said yesterday ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang
  2. Business - Economy - ECONOMY

    Small firms to feel pinch from Japan's tax cut plan

    Posted May 03rd 2014, 04:00am by Bloomberg

    ... Bloomberg in Tokyo Small firms to feel pinch from Japan's tax cut plan Prime Minister Shinzo Abe's efforts to lower Japan's corporate tax rate are increasingly set to include steps to ensure more businesses pay at least some levies, a move that endangers the survival of a swathe of smaller firms. Abe faces opposition to the move among lawmakers concerned ...

    http://www.scmp.com/business/economy/article/1502963/small-firms-feel-pinch-japans-tax-cut-plan
  3. Business - Economy - ECONOMY

    India seeks seven-year low deficit ahead of elections

    Posted Feb 18th 2014, 04:34am by Bloomberg

    ... 30, Chidambaram said, while urging lawmakers to pass a goods and services tax. Defence spending would rise about 10 per cent to modernise the country's military, he said. Reserve Bank ...

    http://www.scmp.com/business/economy/article/1429849/india-seeks-seven-year-low-deficit-ahead-elections
  4. News - China - ECONOMY

    Politburo focuses on growth ahead of Li Keqiang's first work report

    Posted Feb 25th 2014, 04:48am by Cary Huang

    ... of 7 per cent to 7.5 per cent a year constituted a medium- to high-growth rate. In his policy address to lawmakers, Li is expected to announce his government's target for economic growth ...

    http://www.scmp.com/news/china/article/1434409/politburo-focuses-growth-ahead-li-keqiangs-first-work-report
  5. News - Hong Kong - ECONOMY

    Learn from Singapore's economic success, John Tsang tells Hong Kong

    Posted Feb 17th 2014, 04:54am by FANNY W. Y. FUNG

    ... that would free up more women to join the workforce. Over the past decade, Singapore has imported massive amounts of talent Financial Secretary John Tsang Chun-wah Labour Party chairman and lawmaker ...

    http://www.scmp.com/news/hong-kong/article/1429135/learn-singapores-economic-success-john-tsang-tells-hong-kong
  6. Business - China Business - ECONOMY

    Shanghai mayor vows progress on free-trade zone this year

    Posted Jan 20th 2014, 12:20am by Daniel Ren

    ... In his report, Yang forecast growth in Shanghai's gross domestic product would fall to 7.5 per cent this year from 7.7 per cent last year. He told the lawmakers the local government would ...

    http://www.scmp.com/business/china-business/article/1409320/shanghai-mayor-vows-progress-free-trade-zone-year
  7. Business - Economy - ECONOMY

    Yellen and Carney face test over interest rates

    Posted Feb 10th 2014, 04:31am by Bloomberg

    ... that test falls to Janet Yellen, when she delivers her first Fed semi-annual monetary policy report to lawmakers. The first female chairman of the central bank testifies on the economy days after ...

    http://www.scmp.com/business/economy/article/1424900/yellen-and-carney-face-test-over-interest-rates
  8. News - World - ECONOMY

    China welcomes US debt agreement, but Xinhua pours scorn on politicians

    Posted Oct 17th 2013, 10:06pm by AGENCIES

    ... borrowing authority until February 7. Lawmakers also reached agreement on funding the government until January 15. At the end of a weeks-long stalemate, President Barack Obama managed to ward off ... by lawmakers. Speaking later in the State Dining Room of the White House, Obama said America could recover if Republicans and Democrats worked together and finished by the end of the year work ...

    http://www.scmp.com/news/world/article/1333923/china-welcomes-us-debt-agreement-xinhua-pours-scorn-politicians
  9. News - World - ECONOMY

    Yellen vows to focus on jobs and stability as US central bank head

    Posted Oct 10th 2013, 09:33am by Reuters in Washington

    ... that has led to a partial government shutdown and now threatens a possible default. The US Treasury has warned it could run out of cash quickly to pay the nation’s bills if lawmakers do not raise ... some Republican lawmakers who think the Fed has already pumped too much money into the economy. “Ms Yellen subscribes to the liberal school of thought that the best way to handle our nation’s ...

    http://www.scmp.com/news/world/article/1328373/yellen-vows-focus-jobs-and-stability-us-central-bank-head
  10. News - World - ECONOMY

    Bernanke says Federal Reserve keeping bond purchase option open

    Posted Jul 18th 2013, 12:00am by AFP

    ... economy performs. Bernanke told lawmakers the job market has made some progress since the Fed began buying US$85 billion a month in bonds in September. And he repeated his belief that the Fed ...

    http://www.scmp.com/news/world/article/1285026/bernanke-says-federal-reserve-keeping-bond-purchase-option-open

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