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  • September 20, 2014
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  1. Asia Financial hard hit by disasters, investments

    Posted Mar 03rd 2012, 12:00am

    ... May Chan may.chan@scmp.com Asia Financial plunged into the red last year following heavy insurance payouts to natural disaster victims and an investment loss caused by the downturn ... million in 2010. The insurance sector made a loss of HK$57.6 million. Natural disasters in Asia and Australia, including the earthquakes in Japan and New Zealand, and flooding in Australia ...

  2. Land deals that safeguard nature sites are welcome

    Posted Jan 28th 2007, 12:00am by Staff Reporter

    ... of the measures by which a society is judged nowadays is how it conserves its natural heritage. Our city stands out among developed nations where there is still time to prevent ecological disaster ... of fires and use by off-road-vehicle enthusiasts. For the sake of preserving our natural heritage, the chief executive may need to broker agreement within the government over the way forward. ...

  3. Disaster costs force review

    Posted Jul 22nd 2006, 12:00am by Chris Davis

    ... however, just one of many natural disasters which caused about US$210 billion in damage in different parts of the world last year. One result of these catastrophes and their cost to the community ... not provide a complete view of the true underlying risk. The recent history of natural disasters, including the random nature of terrorist attacks, had shown the industry's exposure to unforeseen ...

  4. Shanxi will close more mines to cut disaster toll

    Posted Jul 24th 2006, 12:00am by Elaine Wu

    ... 'The main cause of coal mine disasters in Shanxi is the numerous openings of mines and the scattered locations of these mines,' Mr Yu said in Hong Kong yesterday. One reason why ... on the mainland, like Guangdong in the early 1990s, Mr Yu said Shanxi had the potential to attract investment into its natural resources and raw materials industries. The province's coal reserves ...

  5. Post-crisis specialists needed

    Posted May 28th 2011, 12:00am

    ... Chris Davis In today's increasingly interconnected global economy, the economic fallout from a natural disaster is rarely confined to the geographic area where the event has occurred. Through the popularity of Exchange Traded Funds and other forms of international investment diversification, natural disasters that take place thousands of kilometres away can shake up investment ...

  6. When less is more

    Posted Oct 15th 2004, 12:00am by Michael Richardson

    ... Michael Richardson The United States has something that China would dearly love to have- a huge reserve of oil for use in emergencies. The Bush administration insists that America's Strategic Petroleum Reserve, which currently contains a record 670 m ...

  7. Don't worry, rising rates are good this time

    Posted May 16th 2004, 12:00am by Chris Oliver

    ... Reserve are coming to an end. Mr Luskin believes the current short-term Fed rates are artificially low. 'The reason I say do not worry is that the natural rate of interest, the one ...

  8. Retail and travel-related stocks get holiday lift

    Posted May 04th 2004, 12:00am by Staff Reporter

    ... Anette Jonsson Investors hope to cash in on tourism plays as mainlanders flood Hong Kong Some local retail stocks and travel-related mainland plays were bought up yesterday as investors anticipated the flood of mainlanders hitting the road for the May Day ...

  9. Anhui Conch plans $4.6b boost

    Posted Oct 21st 2003, 12:00am by Denise Tsang

    ... naturally decline next year on the back of an estimated 1.5 billion yuan cash inflow. The H share was sitting on a cash pile of almost 900 million yuan.'We don't feel any pressure to raise ... up 10 per cent between July and September from the second quarter as infrastructure works were resumed following a temporary suspension caused by Sars and a series of flooding disasters. ...

  10. Fast-food chains increase prices

    Posted Mar 01st 2004, 12:00am by Sandy Li

    ... in 2001. 'These fundamental developments are natural signs of a return of inflation,' said Mr Leung, who expected Hong Kong's deflation to end in the third quarter of this year. ...




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