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  • July 27, 2014
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  1. Unions seek 12pc pay rise for foreign helpers

    Posted May 23rd 2011, 12:00am

    ... Ng Kang-chung kc.ng@scmp.com A coalition of foreign maids' unions has asked for a 12 per cent pay rise for about 290,000 domestic helpers imported from overseas. The Asian Migrants' Co-ordinating Body (AMCB) said their salary- set by the government after a regular review- had not been adjusted for more than two years and they wanted it to be revised to HK$4,000 ...

  2. Business - Money - BONDS

    Safe havens are now risky

    Posted Sep 23rd 2012, 12:00am by Evelina Leung

    ... in BlackRock's global bond portfolio team. He says the risk profile of peripheral economic and monetary union government bonds varies significantly across countries, with the path to debt sustainability ...

  3. State of Asian politics gives little hope for monetary union

    Posted Oct 05th 2005, 12:00am by Tom Holland

    ... Tom Holland That old chestnut, Asian monetary union, is back on the economic menu. But despite the best efforts of the idea's backers, there is little real appetite among the region's policymakers for greater financial integration. Asian monetary union- and its ultimate objective, a single Asian currency- would hold huge benefits for businesses. It would impose fiscal ...

  4. Lifestyle - Books - HISTORY

    Book review: Merchant, Soldier, Sage, by David Priestland

    Posted Mar 24th 2013, 12:00am by GDN

    ... to a narrative account of recent history seen in terms of the competition between these three castes. Today, he says, the merchant caste rules alone in the West. Everywhere, trade unions were vanquished, ...

  5. Talking points

    Posted Jul 25th 2011, 12:00am

    ... Our editors will be looking ahead today to these developing stories ... Clinton in HK before Dai Bingguo meeting in Shenzhen US Secretary of State Hillary Rodham Clinton, who arrived in Hong Kong last night, will meet Chief Executive Donald Tsang Yam-kuen ...

  6. Misfiring with paper bullets

    Posted Aug 23rd 2011, 12:00am

    ... there is the political will to keep the euro-zone together, or whether the euro or the future of European Union is at risk. The two leaders signalled in advance that they would not even discuss the question ...

  7. Comment - Insight & Opinion

    An economics Nobel for the Chinese Communist Party?

    Posted Oct 26th 2012, 12:00am by Alex Lo

    ... Alex Lo alex.lo@scmp.com MY TAKE An economics Nobel for the CCP? The awarding of the Nobel Peace Prize to the European Union has given pundits the world over a field day. One commentator even asked yesterday in the Financial Times whether any comparable grouping in Asia deserves the prize, and concluded there is none. He also joked that at least they didn't give ...

  8. Minimum wage deadlock makes rise uncertain

    Posted May 29th 2012, 12:00am

    ... Dennis Chong dennis.chong@scmp.com Businesses and unions have been unable to find any middle ground on raising the minimum wage level, as an eight-week consultation came to an end yesterday. Labour unions claim inflation, which has been running at above 5 per cent for most of the past year, has 'eaten away' the benefits of the statutory minimum wage introduced last ...

  9. U.S. may tap third round of bond buys

    Posted Nov 26th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com The US may be forced to launch a third round of bond purchases to stimulate its faltering economy within six months, as the European Union's deepening debt ... as the confidence-boosting effect of such actions would be smaller than before. He sees a fiscal union of the EU, or a successful restructuring of the debts of its weakest member nations, as the long-term solutions. ...


    The week explained: price fixing

    Posted Oct 08th 2012, 12:00am by Stephen Vines

    ... Union and the Japanese government were rattled by the Libor scandal and are setting up reviews to see what can be done to cut the risk of rigged contracts. The international shipping industry ...




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