Economic History of the United Kingdom

Syndicated loans climb to new highs in Asia

Syndicated loan volume in the Asia-Pacific region, including Hong Kong, was the highest on record last year as economic growth increased corporates' demand for loans.

Wednesday, 4 January, 2012, 12:00am

US job woes a reality check for exporters

The latest unemployment figures from the United States have surprised many people, and hit stock markets. After several months in which the pace of job losses had been slowing, people had expected the jobless queue to grow more slowly. Indeed, the falling trend has been pointed to as further evidence of the 'green shoots' of economic recovery in the US.

4 Jul 2009 - 12:00am

Mainland risks conflict with Sid

If you see Sid, tell him the Chinese are coming. It seems a long time ago now, but the privatisation of British Gas in 1986 was a social, political and economic landmark. For one thing, the GBP5.4 billion (HK$86 billion at today's exchange rate) listing of Britain's monopoly gas company was the biggest stock offering the world had ever seen.

2 Aug 2007 - 12:00am

HK takes second place for targeted activity in region

Hong Kong was the second-most targeted place for cross-border mergers and acquisitions (M&A) in Asia - excluding Japan and China - last year, according to a report by consultancy Dealogic.

With the help of the US$5.77 billion takeover of Dao Heng Bank by Singapore's DBS Group, Hong Kong attracted US$9.04 billion from 95 deals.

3 Jan 2002 - 12:00am

Effects of Industrial Revolution

The Industrial Revolution was a great change which took place in Europe in the 1700s and 1800s. The term Industrial Revolution refers both to the changes that occurred and to the period itself.

Towards the end of the 18th century, a series of changes occurred in England in the methods of industrial technique and in the social and economic organisations.

15 Sep 1999 - 12:00am

EFI overhang weighs heavy

THE Hong Kong Monetary Authority looked like one of the world's boldest and savviest investors in the months following last August's stock market intervention.

7 Mar 1999 - 12:00am

Stamp duty expected to exceed $10 billion

Stamp duty from shares trading is estimated to exceed $10 billion by the end of the current financial year, more than double last year's $5.1 billion.

According to figures from the Stock Exchange, turnover volume from April to December was $3,192 billion due to the volatile market.

3 Feb 1998 - 12:00am

Property index falls 8.2pc

The China Property Shanghai Index fell 73 points, or 8.2 per cent, to 820 points at the end of last year from 893 points in 1996, a newspaper has reported. The Shanghai Securities News daily reported the index fell five points, or 0.6 per cent, in December from the previous month.

23 Jan 1998 - 12:00am

Equities issues urged to reduce banks' loan load

An expansion of the shareholding system is the only way to reduce the risk of mainland banks squeezed between too many deposits and too many bad loans.

So argued a front-page article in yesterday's Economic Information Daily, part of a heated debate ahead of the Communist Party's 15th congress this autumn over how to reform the country's ailing state companies.

7 Aug 1997 - 12:00am

Billion in search of $51m

Billion International Holdings is to raise $51 million via the placement of 100 million new shares to reduce bank loans and as general working capital. The new shares will be placed at 52 cents each, an 8.8 per cent discount to the average closing price of 57 cents for the previous 10 trading days.

23 Jul 1997 - 12:00am

US rates optimism lifts prices

HONG KONG stock prices rose 2.5 per cent over a holiday-shortened week amid optimism that US interest rates would remain unchanged, dealers said.

9 Feb 1997 - 12:00am

European banks top Asian lending

German, French, Dutch and British banks recorded the most pronounced growth in terms of exposure to Asian countries, according to the Basle-based Bank for International Settlements (BIS).

6 Jan 1997 - 12:00am