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  • August 28, 2014
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  1. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... in the headline number likely reflects the impact of the ongoing property slowdown in many cities as property-related activity, such as agencies and residential services, see less business," said ...

  2. News - Hong Kong - ECONOMY

    Restaurants serving locals keep up sales amid drop in tourist spending

    Posted Aug 01st 2014, 04:03am by Amy Nip

    ... restaurants also saw fewer tourists than before, which affected their businesses as tourists could spend HK$100 more per person than locals at a dinner, Yeung said. On retail rents, a property-sector ...

  3. Business - Economy - ECONOMY

    Beijing's economic growth targets are too high, IMF says

    Posted Jul 31st 2014, 11:26am by Victoria Ruan

    ... the economy, he said. "So the short-term fix for the economy is exacerbating its longer-term structural weaknesses." The key question related to China's sovereign credit rating over ...

  4. News - China - ECONOMY

    Targeted measures to spur growth

    Posted Jul 30th 2014, 05:21am by Cary Huang

    ... and relatively big challenges ahead," the Politburo said. In a separate meeting, Xi, who is also the Communist Party's general secretary, also warned of challenges the economy faced. "We ...

  5. Business - Banking & Finance - ECONOMY

    French economist's long-forgotten demand theory gets its due after new US policy

    Posted Jun 30th 2014, 01:20pm by STEVE HANKE

    ... omissions. Even though the always clever Keynes temporarily buried JB Say, the great Say is back. With that, the relative importance of consumption and government expenditures withers away. And, yes, ...

  6. Business - Economy - ECONOMY

    Outsized conglomerates weigh on Korea's growth

    Posted Jun 25th 2014, 02:37am by William Pesek

    ... down on the cross-holding of shares, and on deals where chaebol steer business to friends or relatives, Park is relying on the big companies to boost economic growth. Last August, Park even met ...

  7. Business - Economy - ECONOMY

    Data gives mixed picture of China's economy

    Posted Jun 24th 2014, 05:58am by Victoria Ruan

    ... infrastructure investments and related sectors will continue to support the recovery. We expect policymakers to continue their current path of accommodative policy stance until the recovery ...

  8. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... that the relationship was mutually beneficially and not about "who relies on whom". But he conceded any drop in the number of solo visitors from the mainland could have a bearing on tourism-related ...

  9. Business - Economy - ECONOMY

    Military coup raises fears over Thailand's sick economy

    Posted Jun 09th 2014, 03:29am by AFP

    ... to an official estimate. The fear is that it will contract again in the second quarter, sliding into recession. "The economy is like a dying person- it's sick so it needs oxygen," said ...

  10. Business - Economy - ECONOMY

    Euro endgame

    Posted Jun 09th 2014, 03:29am by DAVID BROWN

    ... option left. That means the euro zone's rich economies will get richer and the austerity-bound poorer countries, especially those facing costly bailout paybacks, will get relatively poorer. ...




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