• Monday
  • April 21, 2014
  • Last updated: 12:35am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 111 for subprime mortgages

Related topics matching your search

Search results

  1. Economic deals not good enough, say China's critics

    Posted May 25th 2007, 12:00am by Ray Cheung

    ... Ray Cheung in Washington 'Vague assurances' of broadened market access for US financial institutions rarely become reality, lawmakers complain The agreements reached during the Strategic Economic Dialogue talks between the mainland and the US in ...

  2. Land premiums expected to boost coffers by $31.9b

    Posted Mar 17th 2005, 12:00am by Staff Reporter

    ... Cheung Chi-fai The government is expected to pocket $31.9 billion from land premiums next year, further improving its financial situation. Based on the budget forecast, the administration is able to add to the public coffers an estimated $51 billion from ...

  3. Cuts to tax rates win Legco approval

    Posted May 25th 2006, 12:00am by Dennis Eng

    ... of 16 per cent. The new rates, which take effect in the current tax year, will cost the government an estimated $1.5 billion for a full year. The bill also extends a tax deduction for mortgage ... the salaries tax rate to the 2002/03 level, which would lower the top marginal rate to 17 per cent. The party also wants home loan interest deductions to apply for the entire mortgage period, a 0.5 per ...

  4. Anson Chan's 100pc home loan queried

    Posted Jan 17th 2008, 12:00am by Staff Reporter

    ... Eva Wu The residential mortgage lending cap of 70 per cent adopted by banks is not a statutory requirement, the treasury boss told the Legislative Council yesterday. Secretary ... discussing the 70 per cent mortgage cap later this month. ...

  5. Financial secretary expected to be more cautious in budget

    Posted Jan 23rd 2008, 12:00am by Jimmy Cheung

    ... need very careful consideration, this source said. The source, and others, said government economists were still studying the impact of the subprime mortgage crisis on the US economy, but had ...

  6. George Bush. Position held: president of the United States

    Posted Jan 20th 2009, 12:00am by Sara Yin, Sunny Tse

    ... Compiled by Sara Yin and Sunny Tse End of term report. Years: 2001 - 2009 Economy George loosened the rules and oversight of US markets, which some blame for the sub-prime mortgage crisis and the current, apparently worsening recession. At the same time, he borrowed money to give tax cuts to the wealthy, widening the gap between the rich and poor and further weakening the US economy. grade: ...

  7. Home down payments helped by mortgage insurance scheme

    Posted Apr 17th 2009, 12:00am by Staff Reporter

    ... correspondents feel the down payment for a mortgage is the main hurdle to home ownership and want to have the home-starter loan scheme revived. However, they seem to be oblivious to the Mortgage Insurance Programme launched by the Hong Kong Mortgage Corporation in March 1999. That programme provides insurance cover to the banks for mortgage loans of up to 95 per cent of the property value. ...

  8. Opening acts in a year of change

    Posted Mar 03rd 2012, 12:00am

    ... unprecedented challenges ahead. Leaders have recently warned that the country faces an 'extremely grim and complicated' global outlook, worse than in 2008 when the United States subprime mortgage crisis spread globally. In his latest weekly commentary on the upcoming parliamentary session, China International Capital chief economist Peng Wensheng said that 'economic issues ...

  9. Economic uncertainty at home for both sides casts long shadow over proceedings

    Posted Dec 11th 2007, 12:00am by Cary Huang

    ... for negotiators, with both economies facing challenges. The United States is grappling with the fallout from the subprime mortgage loan crisis, and administration officials are braced for a possible ... International Relations, said China was likely to be made a scapegoat, with the effects of the subprime crisis set to bite harder ahead of the presidential election, which 'would increase ...

  10. Government plans to sell another $10b of mortgage loans this year

    Posted Aug 05th 2003, 12:00am by Enoch Yiu

    ... The government plans to sell another $10 billion worth of mortgage loans this year, according to Secretary for Financial Services and the Treasury Frederick Ma Si-hang. 'The government has a lot of loans, including the mortgage loans made to first-time home buyers' scheme and the other lending offered to the civil servants,' Mr Ma said in Guangzhou yesterday. ...




SCMP.com Account