Monday, March 31, 2014
Profitable Japan trade going into reverse as investors grow wary of Abenomics
There are three reasons people in Hong Kong should care about the apparent crumbling of last year’s best investment bet – Japan.
One is that local investors snapped up Japan funds with abandon last year, and smartly so: the returns were huge.
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High minimum wage kills jobs and makes poor worse off
US President Barack Obama set the chattering classes abuzz after his unilateral decision to raise the minimum wage for newly hired federal contract workers.
“It’s good for the economy, it’s good for America,” he said in his recent State of the Union address.
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Sunday, March 30, 2014
Saturday, March 29, 2014
Friday, March 28, 2014
Fosun takes a leaf out of Warren Buffett’s book
Starting from humble beginnings and building up a portfolio of businesses ranging from real estate and consumer products to insurance over the last 22 years, Fosun International is moving on a new growth target: chasing Warren Buffett.
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Thursday, March 27, 2014
China extends domestic production of Airbus A320 for 10 years
China signed a new 10-year accord allowing Airbus to assemble A320 planes on its soil until 2025 and unblocked orders for larger jets worth a total of more than US$6 billion, restoring ties after a row with Europe over aircraft emissions.
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A hawk in dove’s clothing?
As the dust begins to settle around the latest perceived shift in policy on the part of the US Federal Reserve, uncomfortable questions are being asked about the credibility of US monetary policy and the communication skills of the world’s most closely watched central ban
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Wednesday, March 26, 2014
Chinese dairy giants' global race for milk leaves small local farmers in the lurch
Every morning, retired forest worker Li Shulin and his wife get up at 5 am, milk the cattle in the shed, load the fresh milk on a truck, and drive to the nearby milk station to sell it to Swiss food giant Nestle, a major raw milk collector in the area.
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Agricultural Bank on target with 14.5pc profit jump
Agricultural Bank of China, the mainland's third-largest lender in terms of market capitalisation, saw the slowest profit growth since its 2010 listing but last year's results were in line with market expectations, with slightly improved credit quality and a more or less stable lending margin.
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World Bank-State Council study urges priority on China land reforms
Beijing must put land reforms at the top of its agenda to turn more rural people into city dwellers, a joint study on the mainland's new urbanisation model launched by the World Bank and the Development Research Centre of the State Council said.
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