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  • November 29, 2014
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  1. Business - Economy - UNITED STATES

    US spending data points to slower economic growth

    Posted Nov 27th 2014, 06:17am by Reuters

    ... Reuters in Washington US spending points to slowing growth United States consumer spending rose modestly last month and a key measure of business spending plans on equipment fell ... The Commerce Department said consumer spending, which makes up more than two-thirds of US economic activity, increased 0.2 per cent last month after being flat in September. Still, the steady gains ...

    http://www.scmp.com/business/economy/article/1649553/us-spending-data-points-slower-economic-growth
  2. Business - Economy - ECONOMY

    Thailand to ramp up infrastructure spending in bid to revive GDP growth

    Posted Nov 22nd 2014, 04:57am by Bloomberg

    ... Bloomberg in Bangkok Thailand to ramp up investment in infrastructure Thailand will step up spending on mass transit, railways and roads to counter falling exports and boost economic ... US$11 billion and has pledged to quicken budget spending to boost domestic consumption. "The government's investments will be the only hope to kick-start growth again, as private ...

    http://www.scmp.com/business/economy/article/1645763/thailand-ramp-infrastructure-spending-bid-revive-gdp-growth
  3. Business - Economy - ECONOMY

    Consumer confidence in Hong Kong rises as China economy stabilises

    Posted Nov 29th 2014, 03:46am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com Mainlanders back and ready to spend: survey Consumer confidence in Hong Kong has bounced back from a five-month low as a stabilised mainland economy ... the negative impact of the pro-democracy Occupy movement. "We believe that China's economy has stabilised, so Chinese consumers will start to spend again," said Raymond Yeung Yu-ting, ...

    http://www.scmp.com/business/economy/article/1651290/consumer-confidence-hong-kong-rises-china-economy-stabilises
  4. Business - Economy - ECONOMY

    Japan's lacklustre data deals blow to Abe growth push

    Posted Nov 29th 2014, 04:14am by AFP

    ... growth. The figures come after Prime Minister Shinzo Abe called a snap election and delayed a sales tax rise set for next year after a previous levy increase hammered spending and pushed ... in a note. Separate figures showed the country's unemployment rate slipped to 3.5 per cent from 3.6 per cent, while retail sales rose 1.4 per cent in October. However, household spending fell ...

    http://www.scmp.com/business/economy/article/1651269/japans-lacklustre-data-deals-blow-abe-growth-push
  5. News - World - EUROPE

    EU gives France extra 3 months to fix budget

    Posted Nov 29th 2014, 03:20am by AFP

    ... Agence France-Presse in Brussels Sanctions threatened if country – along with Italy and Belgium – fails to curb spending EU gives France extra 3 months to fix budget The EU yesterday gave France, Italy and Belgium an extra three months until March to fix their bloated budgets, but warned it would still enforce humiliating sanctions if they failed to curb spending. The three ...

    http://www.scmp.com/news/world/article/1651144/eu-gives-france-extra-3-months-fix-budget
  6. News - World

    140m US shoppers join the hunt for post-Thanksgiving bargains

    Posted Nov 27th 2014, 09:42pm by Bloomberg

    ... to spend more this time. The National Retail Federation is forecasting a 4.1 per cent gain in retail sales in November and December, the biggest increase since the industry grew 4.8 per cent in 2011. Falling unemployment, rising wages and lower gas prices have put more money in Americans' pockets. "We're expecting a robust spending weekend," said Rod Sides, who ...

    http://www.scmp.com/news/world/article/1650157/140m-us-shoppers-join-hunt-post-thanksgiving-bargains
  7. News - Asia - INDONESIA

    Eat local and rein in the parties, Indonesian officials told

    Posted Nov 29th 2014, 02:43am by AFP

    ... figure from a humble background, has made reining in official spending and trimming back the graft-ridden nation's bloated democracy a key goal. He has already slashed travel and meeting ...

    http://www.scmp.com/news/asia/article/1651127/eat-local-and-rein-parties-indonesian-officials-told
  8. Sport - Soccer

    Pele eases health fears by saying he is doing fine

    Posted Nov 28th 2014, 09:01pm by AFP

    ... would spend the upcoming holidays with family and looked forward to beginning 2015 "with renewed health", adding he had "many international trips already planned". Earlier, ...

    http://www.scmp.com/sport/soccer/article/1651090/pele-eases-health-fears-saying-he-doing-fine
  9. News - China - EDUCATION

    China's lesson: why the West was wrong to abandon 'chalk and talk' teaching methods

    Posted Nov 29th 2014, 03:45am by Kevin Donnelly, THE WASHINGTON POST

    ... spends more time standing at the front of the class, directing learning and controlling classroom activities. Debates about direct instruction versus inquiry learning have been going on for many ... of every child in the classroom, it is more effective to employ more explicit teaching strategies and to spend additional time monitoring and intervening. Lavish praise does no one any good. One ...

    http://www.scmp.com/news/china/article/1651155/chinas-lesson-why-west-was-wrong-abandon-chalk-and-talk-teaching-methods
  10. News - China - EXTRAVAGANCE

    Lavish Chinese wedding leaves social media stunned amid anti-corruption crackdown

    Posted Nov 28th 2014, 03:10pm by Andrea Chen

    ... was sacked after spending 1.6 million yuan on his son’s wedding. Since President Xi Jinping came to power in late 2012, he has overseen a series of campaigns to help crack down on government spending ...

    http://www.scmp.com/news/china/article/1650723/lavish-wedding-30-rolls-royce-phantoms-and-ferrari-leaves-chinas-social

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