• Wednesday
  • September 17, 2014
  • Last updated: 11:51pm
Hong Kong




Search Results

Results 1 - 10 of 572 for parallel trading

Related topics matching your search

Search results

  1. News - Hong Kong - RETAIL

    Rising yuan boosts mainland visitors's spending power

    Posted Oct 24th 2012, 12:00am by Amy Nip, Johnny Tam

    ... in Causeway Bay said it had yet to see more mainland visitors. "There are as many of them as always," a Fortress salesman said. In Sheung Shui, where parallel trading is a nuisance ... the station, as in the past, she said. Fellow protester Dennis Wong said: "No matter how much work they do in Hong Kong to combat parallel trading, it won't be effective unless customs ...

  2. Beijing warns of 'trade war' over US currency bill

    Posted Oct 05th 2011, 12:00am

    ... disastrous consequences. China, the fastest-growing major economy, has been suggested as a potential saviour of the teetering global economy. 'A trade war would complete the parallel between ... Cary Huang in Beijing cary.huang@scmp.com Beijing has warned Washington that it risks triggering a trade war with legislation being considered by the US Senate that would punish China ...

  3. Facing up to the crisis in fiat money

    Posted Apr 16th 2011, 12:00am

    ... of Bancor'. Padoa-Schioppa, who died later that year, had a major role in the creation of the euro and was a member of the board of the European Central Bank. In his speech, he drew parallels between ...

  4. Business - Comment - MONITOR

    Widening the yuan's trading band won't solve anything

    Posted May 03rd 2013, 12:00am by Tom Holland

    ... Tom Holland By fixing the rate higher each day, the authorities have encouraged more inflows, forcing them to intervene to buy even more foreign currency Widening the yuan's trading ... of recent highs, yesterday's gain prompted fresh market speculation that the authorities in Beijing are preparing to widen the yuan's permitted trading band, a move widely regarded ...

  5. Business - Banking & Finance - CURRENCIES

    Direct yuan-A$ trade gets off to A$250m start

    Posted Apr 12th 2013, 12:00am by BLOOM

    ... Bloomberg in Canberra Australian prime minister says transactions point to great promise in two countries' future Direct yuan-A$ trade gets off to A$250m start Australian Prime Minister Julia Gillard said direct trading between the yuan and the Australian dollar totalled A$250 million (HK$2.04 billion) on the first day. That is equivalent to about 70 per cent of daily ...

  6. Comment - Insight & Opinion

    Doors will open for Hong Kong businesses switching to renminbi trade

    Posted Apr 11th 2013, 12:00am by ALBERT CHAN

    ... Albert Chan Albert Chan looks at how HK businesses can open up new opportunities Lower costs, bigger market await the renminbi adopters The renminbi is reordering the global trade environment, presenting new opportunities for those businesses bold enough to grasp them. Hong Kong's trade with the mainland has grown exponentially over the past few years, boosted by the twin ...

  7. Business - Economy - JAPAN

    Japan trade deficit widens on weaker yen

    Posted Feb 21st 2013, 12:00am by BLOOM

    ... Bloomberg in Tokyo Japan's trade deficit hits record on weaker yen Japan's trade deficit swelled to a record 1.63 trillion yen (HK$135 billion) on energy imports and a weaker ... with Deputy Economy Minister Yasutoshi Nishimura saying last month that a yen at more than 110 per US dollar would raise import costs. "The trade deficit means the yen can't just keep ...

  8. Business - Banking & Finance - TRADE

    More countries use yuan to settle international payments

    Posted May 23rd 2013, 12:00am by JANE CAI

    ... with the growing size of the Chinese economy, Beijing launched a pilot scheme in 2009 that allowed companies to settle cross-border trades in yuan and receive tax rebates. It has also encouraged banks ...

  9. Business - Economy - CURRENCY

    A strait yuan trade deal

    Posted Nov 01st 2012, 12:00am by Ralph Jennings

    ... Ralph Jennings in Taipei Beijing and Taipei are working a plan that would turn the island into a major offshore settlement centre for the Chinese currency Strait yuan trade deal Beijing has been on a charm offensive to bring Taiwan closer into the fold. First, it lowered trade and investment barriers, and then it allowed mainland tourism to the island. Now it is widening use ...

  10. Business - Money

    Dollar, euro gain in Asian trade after China PMI

    Posted Nov 01st 2012, 01:59pm by AFP

    ... Agence France-Presse in Hong Kong The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report. The dollar climbed back above the 80 yen mark, fetching 80.04 yen in afternoon Tokyo trade, up from 79.78 yen in New York late Wednesday. The euro bought ...




SCMP.com Account