• Fri
  • Apr 18, 2014
  • Updated: 12:17am

Leverage

Danger signals as China's state sector leverage reaches new heights

If there is one lesson everyone learned from the 2008 crisis, it is that a rapid rise in leverage can signal the risk of an approaching financial crash.

Thursday, 9 May, 2013, 4:39am 2 comments

Starbucks experience a lesson in getting back to basics

In workshops based on his book, The Starbucks Experience: 5 Principles for Turning Ordinary into Extraordinary, Dr Joseph Michelli explains key steps that allowed the company to build its profile, create new markets and, for quite a while, maintain a stupendous rate of growth.

7 Aug 2010 - 12:00am

Rein in the banks and end fat-cat bonuses

Bankers and financiers in the West have long been accustomed to being treated like masters of the universe. It must, therefore, be disconcerting to be cast in the role of public villains in the two years since the onset of the financial crisis. The Financial Crisis Inquiry Commission in the US lined up Wall Street's top bankers for public testimony last week.

21 Jan 2010 - 12:00am

Cash-strapped developers sell assets

Private companies find way to improve cash flow and cut debt amid falling prices

Mainland developers are under growing pressure to repair balance sheets that are beginning to show the strains of high debt levels at a time of falling property prices and sales.

30 Apr 2008 - 12:00am

Rate rise to hurt small mainland developers

The central bank's surprise announcement of an interest rate rise on Thursday has dealt a psychological blow to the mainland real estate market and hurt investment sentiment, according to developers.

29 Apr 2006 - 12:00am

Nine Dragons wins tycoons' backing

Paper products maker signs up three prominent businessmen as substantial shareholders in flotation

Listing candidate Nine Dragons Paper (Holdings) has introduced Cheng Yu-tung, Robert Kuok and Lee Shau-kee as its substantial shareholders to back Hong Kong's largest initial public offering so far this year.

14 Feb 2006 - 12:00am

Quote ... Unquote

'I don't care if the new Thai NPL (non-performing loan) standards are the same as that followed in Hong Kong . . . if delinquent but still hard-pressed borrowers get short lucky breaks - probably some small bailout money from mums to repay loans - should they all be taken off the NPL lists?' Thailand's central bank policy department director Kiatchai Sophastienphong.

2 May 1999 - 12:00am

Gearing of Gold Peak to be cut

Gold Peak Industries (Holdings) has pledged to reduce its gearing ratio this year in an effort to cut the group's interest expenses, which have been boosted along with the rise in rates.

30 Sep 1998 - 12:00am

Materials stockpile cut aimed at gearing

Festive goods maker Perfectech International Holdings plans to cut its gearing to less then 100 per cent this year by reducing stockpiles of raw materials.

Chairman Norman Poon Siu-chung said the company's net debt-to-equity ratio was expected to fall by up to 30 per cent to 96.72 per cent this year, reducing interest expenses significantly.

19 Jun 1997 - 12:00am

Merrill Lynch International

Merrill Lynch International launched a small offering of covered call warrants on HSBC yesterday, confirming rumours which had been circulating the market earlier.

The American-style derivatives were priced at $2.08 each and give the holder the right to buy one HSBC share at $105 for every 10 warrants held.

22 May 1996 - 12:00am