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  • October 23, 2014
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  1. Business - Economy - ECONOMY

    US labour strength spurs hopes for early rate rise

    Posted Oct 04th 2014, 04:46am by Reuters

    ... made in the labour market this year. Non-farm payrolls rose 248,000 and the jobless rate fell to 5.9 per cent, the lowest since July 2008, the Labour Department said. The results showed ...

    http://www.scmp.com/business/economy/article/1609132/us-labour-strength-spurs-hopes-early-rate-rise
  2. Business - Economy - ECONOMY

    Australia worries about two housing markets: its own and China's

    Posted Oct 01st 2014, 04:18am by Reuters

    ... housing market. Loans for investment were up 30 per cent by value in July compared with the same month last year, four times the growth in loans for owner-occupiers. They also made up 40 per cent ...

    http://www.scmp.com/business/economy/article/1604932/australia-worries-about-two-housing-markets-its-own-and-chinas
  3. Business - Economy - ECONOMY

    China's factories pick up pace but credit costs hold back recovery

    Posted Sep 23rd 2014, 10:35am by Victoria Ruan

    ... on the basis of changes in any single economic indicator, with policy to remain focused on keeping employment and inflation stable. His remarks, made at a Group of 20 meeting in Australia, strengthened ...

    http://www.scmp.com/business/economy/article/1598561/china-factory-activity-edges-employment-shrinks
  4. News - China - ECONOMY

    Cut taxes to boost the economy, urges China's second richest man Zong Qinghou

    Posted Aug 25th 2014, 03:35pm by Kathy Gao

    ... Kathy Gao kathy.gao@scmp.com Wahaha chairman suggests country's 'huge contingent of public servants' needs to be thriftier to ease the burden on taxpayers Drinks tycoon calls for tax cuts The mainland's second-richest man, Zong Qinghou, has urged the government to cut taxes and spending to boost economic growth, according to a financial news site. ...

    http://www.scmp.com/news/china/article/1580537/chinas-second-richest-man-zong-qinghou-tells-government-tax-cuts-will
  5. News - China - ECONOMY

    Premier Li Keqiang points to six barriers to rural progress

    Posted Sep 23rd 2014, 03:16am by MANDY ZUO

    ... in Rongchang county, Chongqing, many children had to walk 5km to school because of poor infrastructure. He said he made the same journey 40 years ago, leaving home at dawn and returning in the dark. ...

    http://www.scmp.com/news/china/article/1598288/premier-li-keqiang-points-six-barriers-rural-progress
  6. Business - Economy - ECONOMY

    Weaker mainland China industrial output fuels regional pessimism

    Posted Sep 16th 2014, 03:23am by Victoria Ruan

    ... control on bank lending", he said. "Otherwise, China's economy would be like a man swimming in an ocean of currency, whose survival may be endangered if he fails to get enough fresh ...

    http://www.scmp.com/business/economy/article/1593498/weaker-mainland-china-industrial-output-fuels-regional-pessimism
  7. Business - Economy - ECONOMY

    China credit fluctuation stirs policy uncertainty

    Posted Sep 12th 2014, 12:15pm by Victoria Ruan

    ... a dilemma that Li is facing in tackling the weak demand. Li has made clear his reluctance to flood the market with liquidity for fear of fuelling new bubbles and hurting the progress in economic ...

    http://www.scmp.com/business/banking-finance/article/1590778/chinas-money-supply-rebounds-still-short-expectations
  8. News - China - ECONOMY

    Li Keqiang downplays fears over anti-monopoly probes ahead of economic forum

    Posted Sep 09th 2014, 11:47pm by Victoria Ruan

    ... of anti-monopoly, IT security and other regulations that made foreign companies feel targeted. The complaints came after Beijing launched antitrust probes into multinational firms from Microsoft to Audi, ...

    http://www.scmp.com/news/china/article/1588982/li-keqiang-downplays-fears-over-anti-monopoly-probes-ahead-world-economic
  9. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... many G20 countries, although progress has been made in a few emerging economies, like Brazil and South Africa." He said that emerging market economies had done better than advanced G20 ...

    http://www.scmp.com/news/world/article/1588934/world-bank-warns-global-jobs-crisis
  10. Business - Economy - ECONOMY

    Investors in Asia calmer over future U.S. interest rate rise

    Posted Sep 09th 2014, 04:42am by Reuters

    ... to worry, says Aziz, and this abnormally long period of very low volatility and memories of the vicious sell-off in 2013 have made them uneasy. "There could be significant pre-emptive reaction ... Westpac's chief Asian economist Huw McKay finds India has made greater strides in fixing its current account problem, more so than Indonesia, which was hit hard last year. Plus, if a rise in US ...

    http://www.scmp.com/business/economy/article/1588108/investors-asia-calmer-over-future-us-interest-rate-rise

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