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  • April 18, 2014
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  1. Business - Economy - ECONOMY

    China's 'black box' economy deserves Group of Seven peer scrutiny

    Posted Feb 24th 2014, 04:27am by Bloomberg

    ... that the world's second-biggest economy is becoming more and more of a black box. What can the world do about it? To me, this is a job for the Group of Seven. It is time the United States, Japan, Germany, ...

    http://www.scmp.com/business/economy/article/1433773/chinas-black-box-economy-deserves-group-seven-peer-scrutiny
  2. Business - Economy - ECONOMY

    India seeks seven-year low deficit ahead of elections

    Posted Feb 18th 2014, 04:34am by Bloomberg

    ... Bloomberg in New Delhi New Delhi to narrow deficit to 7-year low India's government pledged to reduce the fiscal gap to the lowest in seven years in an interim budget before elections due by May, while boosting defence spending and temporarily reducing taxes on goods from cars to mobile phones. The budget deficit will narrow to 4.1 per cent of gross domestic product ...

    http://www.scmp.com/business/economy/article/1429849/india-seeks-seven-year-low-deficit-ahead-elections
  3. Business - Economy - ECONOMY

    Interest rates ready for lift-off

    Posted Mar 17th 2014, 02:27am by DAVID BROWN

    ... rates for some Group of Seven economies could even be on the cards this year. The shift from Wellington- the first since the United States Federal Reserve's decision in December to begin ...

    http://www.scmp.com/business/economy/article/1450174/interest-rates-ready-lift
  4. News - China - ECONOMY

    China's PMI falls, adding to economic jitters ahead of annual NPC meeting

    Posted Mar 01st 2014, 11:11am by Bloomberg

    ... stability." The mainland's benchmark stock index slumped 2.7 per cent last week, the biggest drop in seven weeks, amid concerns economic expansion will ease as banks tame lending and a weaker ...

    http://www.scmp.com/news/china/article/1437878/chinas-pmi-falls-adding-economic-jitters-ahead-annual-npc-meeting
  5. Business - Economy - ECONOMY

    Japan economy expands 1.6 per cent in 2013, but growth slows in last quarter

    Posted Feb 17th 2014, 02:00pm by AFP

    ... has yet to come," Capital Economics said. The figures showed that, after leading Group of Seven countries in the first half of the year, Japan's economy expanded just 0.3 per cent ...

    http://www.scmp.com/business/economy/article/1429573/japan-economy-expands-16-cent-2013-growth-slows-last-quarter
  6. Business - Money - ECONOMY

    Hang Seng Index investors rush for exit as lunar new year trading starts

    Posted Feb 04th 2014, 11:41pm by Ray Chan, JEANNY YIU

    ... Jeanny Yu and Ray Chan Fears over mainland credit and US stimulus bring worst start to lunar new year trade since 2008 Hang Seng joins regional stampede Hong Kong stocks got off to a poor start in the Year of the Horse as the market crashed to its lowest point in seven months, joining others in a region-wide meltdown over fears Beijing will tighten credit and the United States ...

    http://www.scmp.com/business/money/markets-investing/article/1421010/hang-seng-index-investors-rush-exit-lunar-new-year
  7. Business - Banking & Finance - ECONOMY

    Warning sounded on failures linked to cash crunches

    Posted Jan 21st 2014, 01:10am by BLOOM

    ... Industrial and Commercial Bank of China last week rejected calls to bail out a three billion yuan trust product it marketed to savers seeking high returns. The benchmark seven-day repurchase rate ...

    http://www.scmp.com/business/banking-finance/article/1409876/warning-sounded-failures-linked-cash-crunches
  8. News - Hong Kong - ECONOMY

    Change accounting rules to keep land revenue windfalls separate, urges government adviser

    Posted Jan 17th 2014, 04:14am by Olga Wong

    ... suggested setting up a fiscal stabilisation fund comprising revenues that tend to fluctuate, such as land premiums, stamp duty and investment income. The fund's performance over about seven ...

    http://www.scmp.com/news/hong-kong/article/1407216/government-adviser-suggests-land-revenue-windfalls-be-kept-separate
  9. Business - ECONOMY

    Group of Seven leaders will not use currencies to wage 'economic warfare'

    Posted Feb 17th 2013, 12:00am by AFP

    ... bankers agreed on wording closer than expected to a statement issued on Tuesday by the Group of Seven rich nations backing market-determined exchange rates. "We will refrain from competitive ...

    http://www.scmp.com/business/article/1152031/group-seven-leaders-will-not-use-currencies-wage-economic-warfare
  10. News - China - ECONOMY

    State-owned enterprise reform likely to be modest, researcher suggests

    Posted Oct 18th 2013, 11:33pm by Cary Huang

    ... be discussed at the third plenary session of the party's Central Committee next month. Cheng suggested seven changes to state-owned enterprises (SOEs): shifting the division between government ...

    http://www.scmp.com/news/china/article/1334845/state-owned-enterprise-reform-likely-be-modest-researcher-suggests

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