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  1. Business - Economy

    Global debt tops US$100tr as recession hits

    Posted Mar 11th 2014, 01:13am by BLOOM

    ... cent to US$100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record-low interest rates. ... to austerity measures of reduced spending and increased taxes, sacrificing their economies as they tried to restore the fiscal order they abandoned to fight the worldwide recession. Adjusting budgets ...

    http://www.scmp.com/business/economy/article/1445723/global-debt-tops-us100tr-recession-hits
  2. Business - Economy - ECONOMY

    Why a recession would be good for China

    Posted Jan 24th 2014, 10:51am by JOE ZHANG

    ... be a welcome change – despite the economic recession that such action would likely contribute to. Second, in most of the past 35 years, China’s interest rates on bank deposits have not reflected ...

    http://www.scmp.com/business/economy/article/1412369/why-recession-would-be-good-china
  3. Foreign investors set sights on Jakarta

    Posted Dec 08th 2010, 12:00am by Peta Tomlinson

    ... Peta Tomlinson Foreigners flock to Indonesia for the bargains, which can come in all forms- even real estate. In the capital, Jakarta, property was reduced heavily during the global recession. It's still discounted today. Given that, pre-recession Jakarta was already considered to be an entry-level property market that makes some deals seem very cheap indeed. But, ...

    http://www.scmp.com/article/732732/foreign-investors-set-sights-jakarta
  4. Competition intensifies in sector

    Posted Oct 18th 2010, 12:00am by Staff Reporter

    ... business services provider Regus, many enterprises in Europe are looking beyond the recession and planning to increase headcount as they establish overseas offices to target new markets. The recent ... headcount. 'Asia is playing an important part in the emergence of the world economies from recession. Therefore, it is natural that attention is being given to this part of the world ...

    http://www.scmp.com/article/727877/competition-intensifies-sector
  5. Fund to lure high-net-worth investors

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... is out of recession. We expect continued improvement.' The institute says the economy emerged from its worst recession in three decades in the second quarter of New Zealand financial year, ...

    http://www.scmp.com/article/723489/fund-lure-high-net-worth-investors
  6. Consumer, telecoms shares tipped to shine in volatile market

    Posted Aug 28th 2010, 12:00am by Amanda Lee

    ... S&P global chief economist David Wyss says there is a one-in-three chance the US will go back into recession. 'The housing market is less of a risk because it is not a big part of the economy any more,' said Wyss. 'I would not be surprised if the US dips back into recession in the next 12 months.' The US trade deficit with China will increasingly become ...

    http://www.scmp.com/article/723261/consumer-telecoms-shares-tipped-shine-volatile-market
  7. Mood brightens among consumers in HK and mainland, poll shows

    Posted Jul 20th 2010, 12:00am by Sophie Yu

    ... was out of recession, a big increase on the figure of 40 per cent recorded a year earlier. Worldwide, an average of 42 per cent of respondents said their country had left the recession behind. ... for spending spare money on holidays was 37 per cent. Hongkongers' confidence in stocks and mutual funds is back to pre-recession levels. In the past 12 months the proportion of respondents ...

    http://www.scmp.com/article/720158/mood-brightens-among-consumers-hk-and-mainland-poll-shows
  8. Mood of optimism as firms look to recruit

    Posted Jul 24th 2010, 12:00am by John Cremer

    ... and a 58 per cent rise from the 24,094 jobs advertised in last year's recession-hit second quarter. Noting such trends, Emma Charnock, regional director at Hays in Hong Kong and China, ... to be fast on their feet and not to assume that emergence from recession will mean a return to the trade patterns and business models of the past. He describes the local economy as being ...

    http://www.scmp.com/article/720525/mood-optimism-firms-look-recruit
  9. China to overtake US as construction leader

    Posted Nov 14th 2009, 12:00am by Peter Simpson

    ... and India overtaking North America and Western Europe, which have borne the brunt of the global recession. 'We are close to a dramatic shift in the importance of emerging [construction] ... the slowest growth rate over the next decade, the forecast showed. Twenty years ago, Japan was the fastest-growing construction market, but protracted recession has seen expansion slow for the past 15 ...

    http://www.scmp.com/article/698215/china-overtake-us-construction-leader
  10. Data indicates Hong Kong has entered a technical recession

    Posted Oct 06th 2008, 12:00am by Staff Reporter

    ... Neil Gough Hong Kong may have already entered into a technical recession in the third quarter to last month, based on one leading indicator, and other economists are projecting six months ... at a quarterly rate of 0.4 per cent ... The data points to an increased likelihood of Hong Kong being technically in recession,' said Markit chief economist Chris Williamson. GDP fell 1.4 per cent ...

    http://www.scmp.com/article/655217/data-indicates-hong-kong-has-entered-technical-recession

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