Economy of Russia

Business Digest, February 14, 2013

Peugeot Citroen posts first loss in 3 years

Bank of England governor Mervyn King said Britain faced more inflation and a muted economic recovery. "Inflation is likely to rise further in the near term and may remain above the 2 per cent target for the next two years," King said. 

Thursday, 14 February, 2013, 4:53am

Syria looms over Iraq PM’s Moscow visit

Iraq's Prime Minister Nouri al-Maliki heads to Moscow to boost defence and trade ties. Photo: AP

Iraqi Prime Minister Nouri al-Maliki heads to Moscow on Monday to boost defence and trade ties, but events in Syria loom large over talks between two states criticised over their support for Damascus.

8 Oct 2012 - 2:27pm

China holding up better than monthly figures imply

Flagging demand saps China's trade

SCMP headline, July 11

There is a certain peculiarity of economic statistics that can really help journalists out on a slow news day. The oddity is that they rarely show smooth changes of trend. They tend instead to go up and down erratically from month to month.

12 Jul 2012 - 12:00am

Lai See

Rusal comes unstuck in Nigerian court over some sticky business

7 May 2015 - 4:50pm

Lukoil plans secondary listing in Hong Kong

Lukoil, Russia's second-largest oil producer, is planning a secondary listing in Hong Kong within a year by buying back its issued shares and refloating them, a move that may get it a higher valuation than in Russia.

30 May 2012 - 12:00am

Lai See

A point of clarification on fair comment

14 Apr 2012 - 12:00am

Lai See

Mouths agape at Sir David's tangy criticisms of Tiananmen and graft

We hear that Sir David Tang, of Shanghai Tang and China Club fame, caused a stir in Beijing recently as a guest speaker at the gala dinner of the World Retail Congress Asia Pacific 2012.

11 Apr 2012 - 12:00am

Rusal profits sink under nickel weight

Net profit at Hong Kong-listed aluminium giant Rusal nosedived 91.7 per cent to US$237 million last year, dragged down by its stake in Norilsk Nickel, the world's biggest nickel producer.

20 Mar 2012 - 12:00am

Planners aim at shift to consumption

The central government aims to slow the expansion of capital investment this year, as part of efforts to rebalance the economy in favour of consumption and to keep inflation in check.

7 Mar 2012 - 12:00am

China, not Europe, is 2012's great economic unknown

It's one of the great economic uncertainties of 2012.

I'm not talking here about whether the euro will still exist at the end of the year.

Yes, the European single currency will certainly survive, although it may do so without Greece and at the cost of intense economic pain among its other southern members.

10 Jan 2012 - 12:00am

Growth still heads fight on inflation

Mainland leaders have made the fight against inflation - conspicuously played down at a Politburo meeting last week - an economic policy priority next year at a meeting co-chaired by President Hu Jintao and Premier Wen Jiabao .

15 Dec 2011 - 12:00am

Industrial growth to slow again

Growth in industrial output is likely to slow further this quarter as firms cope with rising costs fuelled by a stronger yuan and weakening global demand caused by the euro zone debt crisis, the Ministry of Industry and Information Technology says.

27 Oct 2011 - 12:00am

Profits up at big firms amid tightening

Profits at mainland industrial companies jumped 28.7 per cent to 2.41 trillion yuan (HK$2.89 trillion) in the first half of this year, but economists say the growth momentum will likely run out of steam.

28 Jul 2011 - 12:00am

Inflation fight hits smaller companies

Beijing's monetary tightening has exacerbated funding difficulties for the mainland's small and medium-sized companies while doing little to tame inflation, according to a senior official with the top legislative body.

24 Jun 2011 - 12:00am

Trade anomaly turns out the great GDP leap that wasn't

The Hong Kong economy sustained strong momentum in the first quarter of 2011, with real GDP leaping by 7.2% over a year earlier.

Government news release, May 13

29 May 2011 - 12:00am