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  1. How to survive an oil shock

    Posted Mar 06th 2011, 12:00am by Veronica O'Connell

    ... really knows. This is largely because no one knows how far or wide this will spread. The worst-case scenario, from an oil-supply point of view, is if the turmoil spreads to the world's biggest producer of oil: Saudi Arabia. At this point, there have been few signs of a widening of the political crisis to Saudi Arabia. Indeed, Saudi Arabia is the oil market's saviour- its ...

  2. Mainland food price hikes hit HK families, diners; more rises loom

    Posted Dec 22nd 2010, 12:00am by Amy Nip, Martin Wong

    ... Amy Nip and Martin Wong Rising food prices are eating into the pockets of Hongkongers, both at home and in the city's restaurants. Food costs, as measured by the consumer price index, were up 6.1 per cent year on year last month, compared with 5.7 pe ...

  3. Comment - Insight & Opinion

    Talking points

    Posted Apr 09th 2013, 12:00am

    ... him. The battle between the two men reflects tensions at the famed Moscow theatre that spilled into the open in January's acid attack against the ballet's artistic director, Sergei ...

  4. Business - Economy

    Venezuela June inflation soars to 40pc

    Posted Jul 10th 2013, 10:49am by Reuters

    ... have left the country in a dire economic situation even as the price of oil, the OPEC nation’s principal import, remains at a comfortable $100 per barrel. Government supporters point to advances in social welfare over the last decade, thanks to the government’s spending of oil revenue on programs such as free health services and subsidised groceries, as reasons to back Chavez’s ...

  5. Prices increase 1.3pc as HK economy recovers

    Posted Jan 22nd 2010, 12:00am by Paggie Leung

    ... said the prices of ingredients such as rice, edible oil and sugar had risen significantly in the past few months. For example, Wong said, sugar prices had climbed more than 30 per cent from ...

  6. Inflation empties pockets and lai see packets of the poor

    Posted Feb 02nd 2011, 12:00am by Amy Nip

    ... Amy Nip The Lunar New Year is supposed to be a festival during which families and friends gather for big meals and to exchange lai see packets. But such celebrations will be off-limits this year for poor people hit hard by inflation. 'I don't da ...

  7. Record crop yields likely to stem food inflation

    Posted Dec 03rd 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The mainland's grain output rose 4.5 per cent this year to a record 571.21 million tonnes, with corn output beating expectations, the National Bureau of Statistics said. The bumper harvest will help ease infl ...

  8. Magic number

    Posted Mar 16th 2009, 12:00am by Drew Thompson

    ... Drew Thompson There are few constants during a time of economic uncertainty. But for those seeking solace in the midst of economic torment, look to the just-concluded meetings of the National People's Congress in Beijing. Premier Wen Jiabao launched ...

  9. McDonald's blames costs for price rise

    Posted Oct 03rd 2008, 12:00am by Staff Reporter

    ... Jasmine Wang McDonald's Corp, the world's largest restaurant chain, has raised prices by between 50 fen (57 HK cents) and 1.50 yuan at its 953 mainland outlets, the third rise this year as it combats higher food, paper, labour and utility costs. ...

  10. Livelihood issues darken the public mood

    Posted Jun 18th 2008, 12:00am by Chris Yeung

    ... has proved to be short-lived. Inflationary pressure on daily living has significantly diluted the impact of tax cuts and subsidies on the likes of electricity and water fees. Rising oil prices ... of the overall economy and quality of life will inevitably spill over into politics. Candidates from across the political spectrum will be of one voice, championing an anti-inflation agenda, although ...




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