Finance | South China Morning Post
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Finance

Ask Melanie: should I hoard my cash?

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

When time is money - and you don't have any

Run, don't walk, to your nearest pension planner.

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

Investors stay calm and take stock

European governments and bankers are focused on finding lasting solutions to the euro-zone crisis.Photo: AFP

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

Talking points: corporate earnings

Overinflated earnings projections are likely to fall flat. Photo: Corbis

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

Chicago's CME takes on HKEx in futures for offshore yuan

The CME will begin offering futures contracts in the yuan amid a growing use of the currency in settling world trade.Photo: AFP

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

The EIG-managed investment fund Gateway sets new date for HK listing

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

HKEx chief executive Charles Li has his contract renewed for three years

Charles Li is seen by brokers as a reformer. Photo: Dickson Lee

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

What 'pivot'? Real US-China war will be over money

What 'pivot'? Real US-China war will be over money

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 to 'allow full yuan convertibility' by 2015

As its economic power grows, China aims to make the yuan an international currency. Photo: Bloomberg

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 have until end of year to save on assets over US$5.12m

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

Investment opportunities abound amiddevelopment

Investment opportunities abound amiddevelopment

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 same tough tax choices as Singapore, academic says

Lee Hsien Loong. Photo: EPA

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

Investors fail to read prospectuses

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

Leverage: ramp up your investment and your risk

Photo illustration: Andreas Schallenberger

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 posts sharply lower profit growth

While BOC's bad loans fell 377 million yuan to 63.6 billion yuan in the first half, total overdue loans rose 17 per cent. Photo: Sam Tsang

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