• Tue
  • Sep 23, 2014
  • Updated: 6:09am

Global Financial Crisis in October

Stock markets rally despite global economic malaise

You had perfectly good reasons for being cowardly about the stock market in 2012, but caution didn't serve you well.

Wednesday, 2 January, 2013, 4:24am

Europe told to solve crisis itself

The euro-zone debt crisis should be solved by Europeans, and the best help China can offer is to develop its own economy in a balanced way, Liu Mingkang, former chairman of the China Banking Regulatory Commission, said yesterday.

12 Nov 2011 - 12:00am

HSI may fall 4pc before rebound

Markets to stay volatile after cash injections

The main measure of Hong Kong shares, the Hang Seng Index, is expected to open lower today and could retreat by another 4 per cent or so this week, warned Paul Pong, the managing director of Pegasus Fund Managers.

13 Aug 2007 - 12:00am

Banks waive US$13b of debt

Tokyo: Japan's 17 leading banks abandoned more than US$13 billion in lending to collapsed and troubled firms in the year to last month, as the number of corporate failures increased, according to a report. Banks are also helping troubled borrowers restructure their business.

15 Apr 2000 - 12:00am

October deposits fall 3.9pc to $1.53 trillion

Hong Kong dollar deposits recorded a significant 3.9 per cent drop in October to $1.53 trillion, after a 1.7 per cent increase in September, government statistics published yesterday showed.

The Government attributed the drop to a bigger comparison base for September, which was boosted by subscriptions for new shares in China Telecom (Hong Kong).

29 Nov 1997 - 12:00am

Europe banks aim to win top spot for loans

European banks dominated international lending to China in the last six months of last year and are rapidly encroaching on the leading position in Hong Kong commanded by Japanese banks, the Bank for International Settlements (BIS) says.

3 Jul 1997 - 12:00am

Foreign buying of Japanese equities soars to new high

FOREIGN purchases of Japanese stocks soared from US$3.4 billion in December to a record high of $10.6 billion in January, the finance ministry says.

The ministry said yesterday the record surpassed the previous high of $9.1 billion in September, 1991.

5 Mar 1994 - 12:00am