• Thu
  • Jul 31, 2014
  • Updated: 1:49pm

Coins of the United States

Land prices fall 14pc amid rise in unsold new homes

Mainland residential land prices fell 14 per cent last month from April as developers grew cautious about acquiring sites given their growing inventories of unsold new homes and the tight credit environment.

Wednesday, 6 June, 2012, 12:00am

Smart money

Best sites for coin and bullion investing:


14 May 2012 - 12:00am

Wages and currency gains eat into profit at Vtech

Vtech Holdings said rising wages and currency appreciation on the mainland were to blame for declining profit in the six months to the end of September.

17 Nov 2011 - 12:00am

There's a little less gold at the end of the rainbow

Precious metals, a safe haven until last week for investors fleeing crumbling valuations of risky assets such as equities and commodities, saw their biggest price declines since the global financial crisis in 2008. Gold mining stocks also plummeted.

27 Sep 2011 - 12:00am

Weak sales leave SMIC with loss for quarter

Semiconductor Manufacturing International Corp (SMIC), the mainland's largest contract chip maker, is hoping for better days after it reported weak earnings in the quarter to June and a dim outlook for the rest of the year.

12 Aug 2011 - 12:00am

Lai See

Housewives put up price of money

9 Jul 2011 - 12:00am

City Digest

Groups urge quick adoption of green treaty

Twenty-four green groups urged the government to put the United Nations Convention on Biological Diversity into force in the city this year, once Beijing had finalised the formalities of joining the treaty. They also called for development of a nature conservation framework and timeline, with public input.

27 May 2011 - 12:00am

Citi, Wing Lung cut yuan deposit rates

Citi and Wing Lung Bank slashed yuan deposit rates in Hong Kong. Citi cut the absolute interest rate of one-week deposits to 0.45 per cent from 0.7 per cent. The one-month deposit rate is down to 0.6 per cent from 0.8 per cent and the 12-month deposit rate is 0.629 per cent, down from 0.865 per cent. Citi also cut the three-month and six-month deposit rates.

2 Apr 2011 - 12:00am


Reading comprehension

Answer the following questions

1 Which of the following is not true about Norman Foster's design?

a. It features a large 'forest' at the arts hub's western tip.

b. The project can be divided into small phases to reduce costs.

c. It has won the applause of everyone in the arts community.

15 Mar 2011 - 12:00am

Prosperity Reit posts steady revenue rise

Prosperity Real Estate Investment Trust chairman Justin Chiu Kwok-hung said the price of the company's shares was stellar last year, and in fact outshone the rise in the price of gold.

26 Feb 2011 - 12:00am