Economy
Westpac CEO: Australians are too glum about economy
Despite booming resources sector a survey showed 47% of businesses sees weakening of Queensland economy in the next 12 months.
Westpac CEO: Australians are too glum about economy
Despite booming resources sector a survey showed 47% of businesses sees weakening of Queensland economy in the next 12 months.
Consultation respondents demand statutory regime on MPF products
The regime aims to regulate the sale and marketing of MPF products before the implementation of the Employee Choice Arrangement.
GDP forecast revised
Economists at HSBC raised it from 5.5 to 6.4 for 2011.
Hong Kong 3rd in foreign direct investment flows worldwide rankings
Hong Kong ranked highest in Asia in of foreign direct investment stock last year, enjoying a 30% share, or a little over US$1tn.
155,835 valid applications for iBond subscription received
The retail bond will be issued on July 28 while its listing and dealings on the Stock Exchange will take effect on July 29.
HKMA shows new banknote designs
The notes are equipped with features for security and to aid the visually impaired to differentiate between the denominations.
Hong Kong businessmen look forward to an upbeat third quarter
More survey respondents in the real estate, financing and insurance sectors expect their employment situation to improve.
It doesn't end with pork: Hong Kong’s inflation shoots to 35-month high
The country’s consumer price inflation rose to 5.6% yoy in June.
Hong Kong consumer prices up 5.6% in June
Only the durable goods sector suffered a 3.7% drop in prices.
Exchange Fund posts $46.3bn income during the first half
The fund rakes in $43.6bn net investment income amidst the asset markets’ volatility in the first half of the year.
Tightening bites: China’s Flash Manufacturing PMI drops to 48.9 in July
This is the first time flash PMI fell below 50 in a year.
China's strong GDP pushes metal prices higher
Zinc becomes the star performer, surging 13.3% in June.
June exports up 2.7% while imports rise 5.1%
Yet the volume of re-exports dipped 5.3%, while domestic exports volume fell by 10.3%.
Happy Birthday: The Offshore RMB turns one
From a RMB90bn weakling at birth this monster baby now weighs in at a massive RMB549bn deposit base supporting an actively traded currency and money...
India’s industrial production slows to lowest growth in 9 months
A weak 5.6% growth rate is just the beginning of a slowdown according to RBS
Hong Kong now has more than 900k registered companies
77,991 new local companies were registered during the first half of this year, an increase of 8.53% from 71,861 in the second half of last year.
Bankruptcy petitions down by more than 15%
Total number of bankruptcy petitions was 4,086 for the first six months of 2011.
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