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  • April 23, 2014
  • Last updated: 6:43pm
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  1. News - China - ECONOMY

    Asia forum to focus on reform and growth

    Posted Apr 08th 2014, 02:40am by Adrian Wan, Li Jing

    ... reform, and the internationalisation of the renminbi. The forum has placed more weight on private companies in recent years and the trend would prevail at this year's event as more and more mainland companies do business overseas, Zhou said. This year's event would, for the first time, encourage more young businessmen and women to take part, Zhou said. Among the particular ...

  2. Business - Economy - ECONOMY

    Reform drive faces slowdown test

    Posted Apr 14th 2014, 05:07am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Expectations of first-quarter growth coming in below the year's target rate may weaken the premier's resolve to make tough ... As inflation remains benign, market participants are shifting their focus to new loans as they seek to gauge monetary policy. Barclays Capital said it looked for new loans to come in at 1.1 trillion ...

  3. Business - Banking & Finance - ECONOMY

    Federal Reserve chief Yellen plans to keep US interest rates low

    Posted Apr 18th 2014, 01:17am by BLOOM

    ... to be maintained," Yellen said on Wednesday to the Economic Club of New York. The gap, in both cases, is large, with a jobless rate of 6.7 per cent more than a percentage point higher than the top end ... including it in the title of her remarks. "Thus far in the recovery and to this day, there is little question that the economy has remained far from maximum employment," she said. Yellen, ...

  4. Business - Economy - ECONOMY

    Top finance officials confident world has turned corner

    Posted Apr 14th 2014, 05:07am by AP

    ... and the finance ministers who sit on the IMF's policy panel said they believed the world had entered a new phase with stronger growth that will begin to make inroads into unemployment that remains ... with closer economic ties to Russia, said diplomatic efforts should be given more time to work. The conclusion of Saturday's discussions ended three days of talks that began with meetings ...

  5. Business - Banking & Finance - ECONOMY

    Fed moves to correct concern over rates

    Posted Apr 11th 2014, 12:59am by Reuters

    ... market participants that the Fed is on a set course to pull back before the economy is ready," said Phil Orlando, chief equity market strategist at Federated Investors in New York. Although ... of opinion that we have are on full display in those dot charts," he said. The minutes shed little new light on what might prompt an eventual policy tightening after the Fed ends its bond-buying ...

  6. Business - Economy - ECONOMY

    Welcome to euro casino

    Posted Apr 14th 2014, 05:07am by DAVID BROWN

    ... is the chief executive of New View Economics ...

  7. Business - Economy - ECONOMY

    Australian jobs revival surprises

    Posted Apr 11th 2014, 12:59am by Reuters

    ... per cent and nearer the 1.5 per cent pace needed to absorb new entrants into the workforce and stop the jobless rate from rising further. Forward-looking indicators of labour demand suggest ...

  8. Business - Economy - ECONOMY

    More room for policy easing after China CPI rises at slowest rate in 13 months

    Posted Mar 10th 2014, 05:59am by Reuters

    ... unnerving global investors. That has led analysts to say Beijing may need to ease policies if it wishes to meet its annual 7.5 per cent growth target, slightly below last year's 7.7 per cent ... which drew new concerns after figures showed export growth slumped nearly a fifth last month. Some analysts say that at least with inflation clearly not a threat, Beijing will have the room ...

  9. Business - Economy - ECONOMY

    No Christmas cheer for Hong Kong's retailers as they reveal lower-than-expected sales growth

    Posted Feb 05th 2014, 05:37am by TIFFANY AP

    ... For the whole of last year, the figure came to HK$494.5 billion, an increase of 11 per cent from 2012. Last year's growth was slightly better than 2012, which saw muted growth of 9.8 per cent from ... and celebrate. The spending comes later in the holiday." However, she added that the association forecast growth of at least 9 per cent for the first half of this year. "Last year's first ...

  10. Business - Economy - ECONOMY

    Japan's tankan survey points to slower recovery as outlook dims

    Posted Apr 02nd 2014, 05:45am by Reuters

    ... uncertainty over how much a sales tax rise that kicked off the same day could hurt a fragile economic recovery. The data will likely keep alive market expectations the BOJ may ease policy further ... as exports remain sluggish. Big firms expect to increase capital spending by 0.1 per cent in the new financial year starting this month, compared with a median market forecast for a 0.2 per cent ...




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