Let's become a baby formula hub

An influx of parallel traders in Hong Kong who purchase items tax-free such as baby milk formula is causing growing unrest with local residents. Photo: AFP

If every crisis presents an opportunity, then we should look on the continuing furore over the shortage of baby formula as a transformative moment.

Tuesday, 29 January, 2013, 1:41am 6 comments

Demand for flats rises ahead of policy address

The Wings II, a residential project in Tseung Kwan O. Photo: Sandy Li

Buyers have been returning to the local housing market ahead of the government's policy address today, which is unlikely to include further tightening measures, property agents say.

"The market expects only mild property measures in the policy address," said David Chan, a Ricacorp Properties director.

16 Jan 2013 - 5:19am

Gold to test US$2,000 level amid low interest rates and rise in demand

Gold bars, coins, jewellery and industrial gold are expected to see long-term demand, with their value rising further as countries ease their monetary policies. Photo: Reuters

Gold may test the US$2,000 threshold this year, say fund managers and gold traders, who believe low interest rates and rising demand for physical gold from Asia will boost prices.

According to British fund house Schroders, gold has generated handsome returns for its investors - 461 per cent - in the past 10 years.

10 Jan 2013 - 4:21am