The American comedian Will Rogers provided sage advice about investing: "Don't gamble. Take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it."Monday, 31 December, 2012, 4:58am
Year-end sales globally were roughly the same as last year, with the mainland and other emerging markets doing better than the US, Europe and Japan.
Such sales have become a valuable pointer to retail business patterns in the year ahead, according to Daniel Poon, principal economist of the Hong Kong Trade Development Council (HKTDC).29 Dec 2012 - 4:58am
Growth in retail property rents and prices will slow next year, according to landlords and analysts, but the sector will outperform other property types.29 Dec 2012 - 4:58am
Growth in the world economy subsided in 2012. The expansion since 2009 has been a bitter disappointment because much of the slack created by the recession remains. With so much idle capacity, a chance exists for robust growth next year, but only if governments raise their game.28 Dec 2012 - 4:14am
These are perilous economic and financial times. Leading dogmatic US politicians are determined to drive their country over the fiscal cliff, at the risk of tipping their nation and the ailing Western world into renewed recession with potentially devastating effects for the rest of the globe.28 Dec 2012 - 4:14am
India has not been spared the effects of global economic headwinds.
In the 2010-11 fiscal year, India's trade gap with China jumped to US$28 billion, its largest shortfall with a trading partner. The mushrooming foreign trade and current account deficits are serious concerns, because the foreign funds required to finance the shortfalls have largely dried up.20 Dec 2012 - 3:19am
Toyota Motor is poised to take back the title of world's biggest carmaker for this year, as Volkswagen fights General Motors for second place heading into the final weeks.18 Dec 2012 - 4:46am
This will be the last Monitor of 2012, so it's a good time to look back at the past year and see what the column got right, where I went wrong, and whether there are any lessons to be learned for 2013.
The first lesson is that if a newspaper columnist is dumb enough to make predictions on a regular basis, then some of them are going to be wrong.18 Dec 2012 - 2:33am 2 comments
Government researchers are confident Beijing will keep investments stable next year, predicting economic growth will accelerate to 8.2 per cent from an estimated 7.7 per cent this year.6 Dec 2012 - 3:16am
Slowing momentum in China curbed Australia's economic growth to 0.5 per cent in the three months to September and 3.1 per cent from a year earlier, official data showed yesterday.
The Australian Bureau of Statistics (ABS) said gross domestic product grew a seasonally adjusted 0.5 per cent in the quarter, in line with expectations, driven by mining and manufacturing.6 Dec 2012 - 3:16am
The OECD has cut its growth forecasts as it warned of the risk of a "major" global recession and urged the European Central Bank and the People's Bank of China to ease monetary policy.28 Nov 2012 - 2:34am
Our love affair with bonds grows more intense by the day. From investment grade conglomerates in Hong Kong to high-yield energy companies in Kazakhstan, our appetite for credit risk - apparently - is unconditional and indiscriminate. We love them so much, there's not enough to go around. For every dollar issued, there's an average eight dollars of demand.26 Nov 2012 - 2:17am
Higher fuel and other operating costs, coupled with lower passenger and cargo yields, had combined "to make 2012 a difficult year" for Cathay Pacific Airways, the carrier's chief executive said yesterday.24 Nov 2012 - 3:59am
Premier Wen Jiabao will be pushing economic co-operation as he meets counterparts in his last regional summit today - despite attempts to drive South China Sea issues back onto the agenda.20 Nov 2012 - 3:29am
There were net capital inflows to the mainland for a second month in October. But it is unlikely to be sustained owing to global uncertainty and the yuan's stabilising exchange rate, analysts said.17 Nov 2012 - 4:23am