I hate seeing the value of my investments drop, so I've been keeping my money in cash. Is that a good strategy given there's still so much uncertainty around?Monday, 17 September, 2012, 3:26pm
A recent Justin Timberlake science-fiction movie called In Time had the premise that, in the future, people will only live as long as they can pay for time. If your credit expires, so do you. The movie was not up to much, but the concept was compelling.17 Sep 2012 - 3:36am
Asian investors who have struggled to keep pace with news about Brazil, Russia, India, China and South Africa, fiscal cliffs, a possible euro break-up - and what it means for their money - can at least breathe easier for a while.17 Sep 2012 - 8:49am
Buying equities based on hope - for example, the hope of a giant Fed intervention, which pushed up markets last week - is rarely a sound investment strategy.17 Sep 2012 - 1:02am
CME Group, owner of the world's biggest futures exchange, will introduce deliverable futures for offshore yuan in the fourth quarter as growing use of the currency in world trade fuels demand for hedging tools.14 Sep 2012 - 9:30am
Gateway Energy & Resource Holdings, an investment fund managed by the Asian arm of US private equity firm EIG Global Energy Partners, is aiming to list in Hong Kong and raise around US$200 million in the second quarter next year after poor market conditions saw it pull the planned listing last March.13 Sep 2012 - 3:00am
Hong Kong Exchanges and Clearing has renewed the contract of its chief executive, Charles Li Xiaojia, for three years until October 2015.13 Sep 2012 - 3:06am
Anyone who fears that Washington's "pivot" towards the Pacific increases the risk of conflict between the United States and China is behind the times.
America and China are already at war. Only the battle ground isn't the East China Sea. It's money.13 Sep 2012 - 3:14am 3 comments
China will probably take the groundbreaking step of making the yuan a fully convertible currency as early as 2015, former central bank governor Dai Xianglong said.13 Sep 2012 - 3:01am
US citizens living in Hong Kong could save themselves huge sums of money if they exploit a significant tax savings opportunity before the end of this year.9 Sep 2012 - 3:46am
With the government's limited investment participation under
the ETP, business opportunities abound for the private sector.
The programme has identified
six BOs in the financial services sector. The industry requires
145.8 billion ringgit (HK$360.6 billion) in fresh capital, 95 per cent of which is expected to come from the private sector.31 Aug 2012 - 2:40pm
Hong Kong faces the prospect of steadily rising taxes, just like Singapore, if it does not increase productivity in the face of an ageing population, an expert warns.
Paul Yip Siu-fai, a professor in population policy at the University of Hong Kong, said this was the likely scenario if the government did not invest in education and occupational training to boost productivity.28 Aug 2012 - 3:20am
The regulators have worked hard to improve corporate disclosure standards but it is a question whether small investors really care.28 Aug 2012 - 3:38am
There is an investment making the rounds that yields about 9 per cent. This is how it works: a customer puts money into yuan-denominated certificates of deposit (CD), which are short-term debt instruments issued by banks. For example, a one-year yuan CD issued by Bank of China yields 2.73 per cent.25 Aug 2012 - 8:19am
Bank of China, the mainland's fourth-largest lender by assets, says profit growth slowed sharply in the first half of this year because of a weaker economy, regulatory changes and the absence of one-time gains that bolstered earnings last year.24 Aug 2012 - 3:36am