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  1. News - China

    Hagel to broach topic of cyber threats with Chinese

    Posted May 31st 2013, 11:11am by Associated Press aboard a US Aircraft

    ... Associated Press aboard a US Aircraft Defence Secretary Chuck Hagel will meet with members of a Chinese delegation this weekend and likely talk about ongoing cyberthreats amid new reports ... Hagel said that the US must find ways to work with the Chinese and other countries to develop rules of the road and a better understanding among nations for the use of cyber. “These are issues ...

    http://www.scmp.com/news/china/article/1250363/hagel-broach-topic-cyber-threats-chinese
  2. Business - Companies - AVIATION

    Cargo revival hinges on US economy, says Cathay

    Posted Sep 15th 2014, 04:40am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Cargo revival hinges on US economy, says Cathay Cathay Pacific, one of the world's largest cargo carriers, is hoping the Christmas season will start ... product launches and recovery in the US economy, said Cathay's cargo director James Woodrow. Speaking to the South China Morning Post in Zhengzhou, where Apple's new iPhone 6 is being ...

    http://www.scmp.com/business/companies/article/1592729/cathay-pacific-cargo-revival-hinges-festive-us-buyers
  3. Business - Economy - JOBS

    US economy beats estimate with 4.2pc growth

    Posted Aug 29th 2014, 09:27am by AP

    ... Associated Press in Washington After a bleak start to the year, the United States economy grew at a brisk annual rate of 4.2 per cent in the April-June quarter, slightly faster than first ... domestic product came after the economy had shrunk at a 2.1 per cent annual rate in the January-March quarter. That was the economy’s biggest drop since the depths of the recession, ...

    http://www.scmp.com/business/economy/article/1581635/us-economy-beats-estimate-42pc-growth
  4. Lifestyle - Books - ECONOMICS

    Book review: Expulsions: Brutality and Complexity in the Global Economy, by Saskia Sassen

    Posted Sep 21st 2014, 11:07am by David Wilson

    ... David Wilson Expulsions: Brutality and Complexity in the Global Economy by Saskia Sassen Belknap Press 4 stars David Wilson Now is a dire time to be poor, according to Columbia University ... is understandable, given the range and thorniness of the threats confronting us, which are hard to tackle because, as she says, rarely does anyone in the process chain look directly responsible. "The ...

    http://www.scmp.com/lifestyle/books/article/1595976/book-review-expulsions-brutality-and-complexity-global-economy
  5. Business - Economy - MACROSCOPE

    China's bad loans threaten to bring down world economy

    Posted Sep 17th 2014, 05:39am by Bloomberg

    ... of export-reliant economies from Australia to Japan to Brazil. It would be an untimely blow to the US and an increasingly fragile Europe. Yet Chinese banks continue to open new credit spigots. Last month, ... threaten to bring down world economy The risk of what Nobel laureate Paul Krugman calls "Japanification"- a semi-permanent economic funk- has haunted China for at least a couple of years ...

    http://www.scmp.com/business/economy/article/1594175/chinas-bad-loans-threaten-bring-down-world-economy
  6. Business - Economy - MACROSCOPE

    European economy weak due to lack of competitiveness

    Posted Sep 16th 2014, 03:23am by Bloomberg

    ... Leonid Bershidsky Rising labour costs which have outpaced productivity and constant underinvestment by firms are to blame for Europe's feeble recovery European economy weak due ... Competitiveness Report and the separate Member States Competitiveness Report focus their attention on industry. Europe has a higher share of global manufacturing value added than China or the US ...

    http://www.scmp.com/business/economy/article/1593365/european-economy-weak-due-lack-competitiveness
  7. Business - Banking & Finance

    Fed’s move to stick with easy-money policy pushes US stocks to record

    Posted Sep 18th 2014, 09:44am by Agence France-Presse

    ... on Wednesday decided that the US economy will still need “unconventional” support well into next year. After a two-day meeting, the Federal Open Market Committee, led by dovish Fed chairwoman Janet ... Agence France-Presse in Washington The US Federal Reserve has declared it will stick to its slow-but-steady plans to tighten monetary policy, disappointing so-called inflation hawks ...

    http://www.scmp.com/business/banking-finance/article/1595255/feds-move-stick-easy-money-policy-pushes-us-stocks-record
  8. Business - Banking & Finance - INTEREST RATES

    Increased Fed fund rate to prick Hong Kong's credit bubble

    Posted Sep 22nd 2014, 04:28am by DON WEINLAND

    ... brought about similar credit conditions in the two cities despite the two Asian tigers having faster-growing economies than the US. That had led to credit bubbles, Ovington said- ones that are set ... Don Weinland don.weinland@scmp.com HK banks have enjoyed cheap credit for seven years due to rock-bottom US interest rates but upcoming changes could be about to hit them hard Increased ...

    http://www.scmp.com/business/banking-finance/article/1597676/increased-fed-fund-rate-toprick-hong-kongs-credit-bubble
  9. News - Asia - JAPAN

    Christine Lagarde backs Shinzo Abe’s plan for women to lift Japan economy

    Posted Sep 12th 2014, 09:43pm by AFP

    ... Agence France-Presse in Tokyo IMF chief agrees on boosting women in workforce to lift economy, but says Japan could do more Lagarde backs Abe's women plan IMF chief Christine Lagarde yesterday backed Tokyo's efforts to boost the Japanese economy by increasing women's participation in the workforce, and called for even more action, including loosening immigration rules. ...

    http://www.scmp.com/news/asia/article/1591186/christine-lagarde-backs-shinzo-abes-plan-women-lift-japan-economy
  10. Business - Banking & Finance

    Investors brace for US Fed verdict on interest rates

    Posted Sep 17th 2014, 11:08am by Reuters

    ... Reuters in New York and San Francisco There is a distinct chance US Federal Reserve officials will rewrite their strategy for normalising monetary policy this week given signs that a roller-coaster debate over a new tool for controlling interest rates is nearing its resolution. Investors worldwide are watching the US central bank’s policy meeting that ends on Wednesday for hints ...

    http://www.scmp.com/business/banking-finance/article/1594472/investors-brace-us-fed-verdict-interest-rates

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