• Tue
  • Jul 29, 2014
  • Updated: 11:35pm

Economy

Forget 'Likonomics', it's all about economic stimulus in China again

When Li Keqiang took over as premier early last year, he quickly became known for an economic plan called "Likonomics".

Monday, 7 April, 2014, 7:56am 4 comments

Hong Kong's status as world's freest economy threatened by Singapore, says Heritage Foundation

Hong Kong has been ranked the world's freest economy for the 20th consecutive year by a right-wing US think tank.

But the free-market-orientated Heritage Foundation has warned that increasingly populist policies, perceived levels of corruption and potential political instability mean the SAR's lofty position is being threatened by Singapore.

15 Jan 2014 - 1:43am 19 comments

Pay trends point to greener pastures across the border

Every year at this time, many people will begin to think about the same thing - how big a pay rise can I expect for the coming year?

4 Nov 2013 - 3:08pm

Hope highlights the divide between Hong Kong and Shanghai

People always like to compare Hong Kong and Shanghai, partly due to the interplay between the two cities since the 1940s, when many wealthy Shanghai families relocated to Hong Kong.

2 Sep 2013 - 7:36am 2 comments

Hong Kong's prospects bright even with competition from Shanghai

If you have read this column every Monday over the past year, I guess you would feel that we have talked quite a lot about the historic and present-day interplay of Shanghai and Hong Kong. That's exactly why the column is called "Mr. Shangkong".

19 Aug 2013 - 8:13am 4 comments

Greece sees Monday deal on EU-IMF rescue funds

Greece and its international creditors hope to reach a deal by Monday on reforms including thousands of job cuts needed for the debt-laden nation to unlock further aid worth 8.1 billion euros (HK$79.9 billion).

“We have made substantial progress,” Poul Thomsen, the International Monetary Fund’s representative, told reporters in Athens on Sunday.

8 Jul 2013 - 12:22pm

Beijing and Taipei set to agree on service trade pact

Taiwan and the mainland are expected to sign a service trade pact during a new round of talks later this month, which could help spur mainland investment on the island.

"Senior negotiators from the two sides will discuss, in a preparatory meeting in Taipei on Friday, details concerning the 9th cross-strait talks," a spokesman for Taiwan's Straits Exchange Foundation said.

13 Jun 2013 - 6:02am

French jobless total hits new record, in blow to Hollande

French President Francois Hollande said he was sticking to a target of cutting down unemployment by year-end, after fresh data showed that the number of jobless hit a new all-time high in April.

31 May 2013 - 11:46am

Australia's central bank cut rates as currency stayed strong, minutes show

The Reserve Bank of Australia cut its benchmark interest rate to a record low this month to boost businesses weakened by the currency's sustained strength, even as households reacted to earlier reductions.

22 May 2013 - 4:34am

Asset inflation policies threaten to create another economic bubble

Five years after Lehman Brothers went bust, the global economy remains in stagnation. But you wouldn't notice it if you are in the stock market. The US market is hitting all-time highs. The Japanese market has risen by half in five months. And while Europe's economies are in recession, the shares of its top companies are highly elevated too.

21 May 2013 - 4:15am 12 comments

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