Asian Financial Crisis

End of easy money won't lead to repeat of 1997 crash in Asia

Ben Bernanke. Photo: NYT

US Federal Reserve chairman Ben Bernanke has sparked significant nervousness in the markets with recent hints of an end to the third round of quantitative easing.

Monday, 17 June, 2013, 4:23am

Drawing talent

Asia is ageing. Current projections indicate that the working population in most Asian countries will decline over the coming years, if they haven't started already. In response, calls for greater investment become louder. It is hoped that greater efficiency can compensate for the reduction in raw labour input.

30 Apr 2012 - 12:00am

Lai See

Why pampering civil servants can be really bad for morale

17 Apr 2012 - 12:00am

Unlike schools, expats can come and go

It's painful to read so much nonsense written and said about long queues at international schools. For once, on this very narrow issue - the supply of places at international schools - the government is correct.

29 Feb 2012 - 12:00am

Euro woes too dire even for HK's Overkiller Man

'You need decisive action. You need overkill. You need to inspire confidence.'

Donald's advice to Europe SCMP, Jan 29

Yassuh, they calls him Donald the Overkiller Man. Proved it, too, back in '98 when he whupped dem speculator folk right outta town. Saw the backs of their hides, he did, in the shootout at the HKEx Corral.

31 Jan 2012 - 12:00am

Fewer cheap flats sold last year

Sales of second-hand flats costing HK$2 million or less fell sharply last year, as rising property prices reduced their supply, according to Centaline Property Agency.

25 Jan 2012 - 12:00am

China trade surplus down 12.5pc

China's overall trade surplus shrank 12.5 per cent last year as its tight monetary regime curtailed domestic consumption and imports, but many economists expect Beijing to unleash measures to spur growth this year.

6 Jan 2012 - 12:00am

IMF director backs rate reforms to ensure asset quality at China's banks

China should widen the reform of its financial sector by liberalising controls on bank interest rates as a way to ensure the quality of domestic lenders' assets, an International Monetary Fund director suggested.

12 Dec 2011 - 12:00am

The challenge of thinking big

A common belief about Hong Kong is that people are only concerned about making money and spending it. It's a place for doers, not thinkers. It's the trader and tycoon who get respect, not the theorist.

2 Nov 2011 - 12:00am

Ask our experts

Given the persistent gloom in the markets, this week the expert panel is asked: Can an argument be made that the markets will turn around? What is the case for optimism?

Shun Pang (market manager for Hong Kong at JP Morgan Private Wealth Management) says that in the past few weeks, many clients have asked if it's time to buy.

3 Oct 2011 - 12:00am

Investors flee further from Asian currencies

Asian currencies, including Hong Kong's growing pool of yuan, fell further yesterday as investors sought the safety of the US dollar amid fears a global economic slump is imminent.

24 Sep 2011 - 12:00am

New IMF chief almost guaranteed to be European

Even before Dominique Strauss-Kahn resigned yesterday as head of the International Monetary Fund, the battle to appoint his successor had already begun.

20 May 2011 - 12:00am

Lai See

Summons pitfall for Mongolian miner

7 Apr 2011 - 12:00am

Rise and revolution

Many people have talked about the rise of Asia. This is especially so now, post financial crisis, when prospects for the United States and Europe seem quite weak for the short to medium term.

15 Jan 2011 - 12:00am

Return investment gains to the people

The Community Care Fund (aptly dubbed the Community Collusion Fund) is not the only example of the official failure to guard Hong Kong's fiscal interests. Legislators who purport to represent business, labour or professional sectors should be making common cause against officialdom which uses every device to evade scrutiny by siphoning off public money into funds.

7 Nov 2010 - 12:00am