Financial Crises

Lack of political leadership bad for business

31 Oct 2012

We are in the midst of a protracted global slowdown and there is no sign of improvement," worries one Asian business executive. "The world economy is on the brink," frets another.

2:43AM

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

17 Aug 2012

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...

5:54AM

It's too easy to blame the shifty-eyed speculators

7 Aug 2012

The Kay report is concerned about short-termism because, in Britain, hedge funds, high frequency traders and proprietary traders account for 72 per cent of market turnover, but roughly one third...

11:07PM

If Greenspan could get things so wrong, then what about us?

24 Jul 2012

For the last couple of years Monitor has argued doggedly that there is no bubble in Hong Kong's property market.

10:09PM

China's Economic Superpower Aspiration in the New Paradigm

22 Jul 2012

China's Economic Superpower Aspiration in the New Paradigm
by Chi Lo
Enrich Professional Publishing

9:57PM

HK's sky-high property prices the reward for fiscal prudence

12 Jul 2012

Hong Kong government officials are still warning about the dangers of a property market bubble. Speaking before the Legislative Council this week, Financial Secretary John Tsang Chun-wah insisted...

9:08PM

Opinion

Placating graduates a work in progress

5:24AM

George Chen

For HSBC, the first love is apparently not the deepest

7:12AM

Turning Japanese?

Will the gravity-denying Chinese economic and equities boom finally end with a dramatic bust? This question is being asked with increasing urgency, although there is a lingering belief that...

5:16PM

Tsang's warnings are on the money

Hong Kong's property market has come through some turbulent times since the handover - the Asian financial crisis, the Sars outbreak and the global financial crisis.

5:14PM

Turn off the money pump

Any attempts by Beijing to dust off infrastructure projects unfinished after the last stimulus package in a bid to revive a slumping economy could do more harm than good, potentially causing a...

3:45PM

Beijing cuts lenders' reserve ratio

The central bank moved to stimulate the economy yesterday by lowering by half a percentage point the proportion of cash banks must hold in reserve against bad debts.

2:51PM

Risk of a housing bubble? It's already with us

'On my radar screen another risk has emerged. That's the risk we encountered back in 2009: the renewed risk of a housing price bubble. The city's low mortgage rates are hugely negative.

11:19AM

Euro move to tweak rules on capital

The European Parliament may amend controversial legislation on tightening banking capital requirements in an effort to stem debt contagion, a representative said yesterday.

8:11AM