Inflation

Venezuela inflation pushes price of used cars above that of new ones

18 Feb 2013

Buying a used 2012 Ford Explorer SUV means coughing up 1.2 million bolivars (HK$465,000 at the street exchange rate), double the cost of a new car, according to the country's leading used car...

Business Digest, February 14, 2013

14 Feb 2013

Bank of England governor Mervyn King said Britain faced more inflation and a muted economic recovery. "Inflation is likely to rise further in the near term and may remain above the 2 per cent...

Mainland inflation down but signs of rising pressure

9 Feb 2013

The mainland's inflation rate eased from December's seven-month high to just 2 per cent year on year in January but economists warn of greater inflationary pressure ahead.

Talking points

8 Feb 2013

Beijing residents have a last chance today to comment on draft pollution-control regulations intended to help clean up the capital's suffocating smog.

People's Bank of China sounds alarm over inflationary pressures

7 Feb 2013

The mainland's service sector recorded the fastest growth since August last month as the non-manufacturing purchasing managers' index (PMI) hit 56.2, according to the National Bureau of Statistics...

Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

India on course to cut rates this week

India's central bank is expected to cut interest rates this week for the first time in nine months in response to the government's recent economic reforms and slowing inflation, economists say.

Mainland economic growth expected to continue

The mainland economy may have grown close to 8 per cent last year, with economists saying the gain in momentum starting late last year is likely to continue.

CY Leung must use policy address to deliver on his promises

Expectations before Wednesday's policy speech have surged to such a high level that they risk becoming another crisis if Leung Chun-ying fails to comfort an increasingly demanding public.

ECONOMY

Financial Secretary John Tsang says Hong Kong economy faces challenging year

Financial Secretary John Tsang Chun-wah has warned of challenging conditions in the Hong Kong economy this year in light of volatile Western and Japanese markets.

Tsang also raised concern...

SINGAPORE

Singapore economy beats forecasts with 1.8pc expansion

Singapore's economy expanded more than economists estimated last quarter, averting a recession even after the central bank refrained from monetary stimulus as it sought to contain elevated...

Tough year ahead for needy as prices go up

As everything including food, transport and tunnel fares get more expensive, social workers say low-income families are feeling the pinch as they face tough times in the new year.