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  • November 26, 2014
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  1. Business - Economy - ECONOMY

    Fears of a lull as economic growth wanes in Japan

    Posted Aug 14th 2012, 12:00am

    ... that policymakers will take action to lift their economies. The United States, Japan and China have all reported weaker growth in the April-June quarter compared with their previous-quarter figures. ... at an annualised rate of 1.4 per cent, less than the median forecast of 2.5 per cent and slightly off the 1.5 per cent annualised pace of the United States in the same quarter. The US economy expanded ...

  2. Business - Economy - ECONOMY

    Food scare hurts Taiwan growth

    Posted Nov 01st 2014, 04:54am by Bloomberg

    ... dollar in the past three months on speculation that the United States Federal Reserve is on track to raise interest rates next year, sapping demand for emerging-market assets. Taiwan's central bank has kept its benchmark rate at 1.875 per cent since mid-2011. The statistics bureau has said it will compile GDP data based on the United Nations system of national accounts starting ...

  3. Business - ECONOMY

    World Bank cuts growth forecast for China to 7.6pc

    Posted Jun 12th 2014, 01:10am by BLOOM

    ... cent this year, less than its projection in January of 3.2 per cent. The forecast for the United States was reduced to 2.1 per cent from 2.8 per cent. The setbacks may be temporary: its estimate for world economic growth next year was unchanged at 3.4 per cent. "The global economy got off to a bumpy start this year, buffeted by poor weather in the United States, financial ...

  4. Business - Economy - ECONOMY

    US surprises as third quarter GDP growth hits 3.9pc

    Posted Nov 26th 2014, 05:09am by Reuters, AP

    ... Agencies in Washington Stronger-than-expected third-quarter expansion driven by higher consumer, business spending US surprises as GDP growth reaches 3.9pc United States economic growth was far stronger than initially thought in the third quarter, pointing to strengthening fundamentals that should support the economy for the rest of the year. The Commerce Department yesterday ...

  5. Business - Economy - ECONOMY

    Smaller firms more confident about Hong Kong's economic outlook

    Posted Jan 11th 2013, 12:00am by CHRALOTTE SO

    ... in the first quarter in the face of improving prospects on the mainland and the easing of the fiscal crisis in the United States. The retailing sector in particular has become more upbeat, with its ... the United States economy in the first quarter as the debt ceiling is still an unknown," said Kelvin Lau, a senior economist at Standard Chartered. "The growth engine for 2013 will largely ...

  6. Business - Economy - ECONOMY

    US labour strength spurs hopes for early rate rise

    Posted Oct 04th 2014, 04:46am by Reuters

    ... Reuters in Washington US labour strength spurs talk of early rate rise Employers in the United States stepped up hiring last month and the jobless rate fell to a six-year low, which could bolster bets on a Federal Reserve interest rate rise in mid-2015 or even earlier. Yesterday's report on hiring is the most significant gauge of the economy's health ahead of the November ...

  7. Business - Economy - ECONOMY

    G20 ministers and central bank governors push for 1.8pc growth spurt

    Posted Sep 22nd 2014, 04:28am by AFP

    ... Agence France-Presse in Cairns G20 pushes for 1.8pc growth spurt G20 nations including the United States and China said yesterday that they could overcome geopolitical tensions and financial risks to achieve extra combined growth of 1.8 per cent, adding trillions of dollars to the world economy. Their two-day meeting in Cairns was focused on developing a set of policies ...

  8. Business - Economy - ECONOMY

    US Federal Reserve expected to end monetary stimulus this week

    Posted Oct 27th 2014, 05:19am by AFP

    ... of the Fed's St Louis branch and a former FOMC member, said quantitative easing should continue until the data is more clear. United States inflation expectations are dropping, Bullard said. ...

  9. Business - Economy - ECONOMY

    ECB seen continuing easy-money policy at meeting on Thursday

    Posted Jul 03rd 2013, 12:00am by Reuters

    ... off, and ECB policymakers have gone out of their way to assure investors that they will not follow the Fed any time soon, seeking to calm markets. But like the United States, where recovery ... of stabilisation even as unemployment remained high. "Thursday is Independence Day in the United States and this is going to be the main message from the ECB in terms of declaring it … [has] ...

  10. News - Hong Kong - ECONOMY

    Hong Kong no longer ranked world's most competitive economy

    Posted May 31st 2013, 12:00am by Ng Kang-chung and Stuart Lau

    ... by the International Institute for Management Development (IMD). Its overall ranking has dropped to third this year, overtaken by the United States and Switzerland. The institute's research, which covered ... graft-free ranking fall two places to 14th. Earlier this month, United States social concern group Freedom House also ranked Hong Kong 72nd in press freedom, down from 71st last year and 70th ...




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