• Tue
  • Sep 23, 2014
  • Updated: 4:34pm

Economics

Five years after crisis began, we still can't see the elephant

The global financial crisis is five years old - more or less. There is some disagreement over when precisely it began. A lot of newspapers now seem to have fixed on August 9, 2007, as the fateful day.

Friday, 17 August, 2012, 5:54am

Study links 1,000 suicides to a recession in Britain

A painful economic recession, rising unemployment and biting austerity measures may have already driven more than 1,000 people in Britain to commit suicide, according to a study published yesterday.

16 Aug 2012 - 4:29am

How to turn 'resource curse' into blessing

New discoveries of natural resources in several African countries raise an important question: will these windfalls be a blessing that brings prosperity and hope, or a political and economic curse, as has been the case in so many countries?

13 Aug 2012 - 11:14am

Victimised foreign helpers face uphill struggle when seeking justice

Your articles concerning injustices to overseas domestic helpers ('Maids get raw deal in labour tribunal', and 'Helper's wages case drags on after eight months', August 5) should be observed and action taken on behalf of the maids.

15 Aug 2012 - 11:30pm

Factory output growth weakest in three years

The mainland's industrial output growth cooled the most in more than three years last month, a further sign that Beijing will have to prepare more aggressive measures to counter a worse-than-expected economic slowdown.

15 Aug 2012 - 11:20pm

Leave the family out of the eligibility test for elderly aid

Hong Kong is a prosperous city with a per capita gross domestic product of HK$268,213 in 2011. Yet, in the middle of this great prosperity, we see the saddening sight of elderly people collecting waste paper and discarded items on the streets.

14 Oct 2012 - 11:20pm

Beijing to step up policy fine-tuning

The mainland's central bank said yesterday that it would strengthen monetary policy fine-tuning in the second half of the year to improve credit quality and economic development in the run-up to the 18th National People's Congress.

15 Aug 2012 - 11:05pm

'Big four' dole out 16pc more new loans

The mainland's 'big four' state-controlled banks extended an estimated 220 billion yuan (HK$269.69 billion) in new loans last month, but failed to arrest a slide in total credit growth as smaller banks cut back sharply on new lending.

15 Aug 2012 - 10:58pm

Home prices rise across mainland in July

Beijing's relaxation of monetary policy and its encouragement of flat purchases by first-time buyers lifted average property prices across 100 major mainland cities for a second month.

29 Aug 2012 - 2:43pm

The real life lessons to teach about China's economic model

We don't yet know exactly what Hong Kong's new textbooks on national and moral education will try to teach the city's schoolchildren about the superiority of China's economic model.

But I bet the line they take will run something like this:

'Over the last 30 years, China has achieved an unparalled economic revolution.

15 Aug 2012 - 10:47pm