Economy

Hong Kong’s recovery unlikely to be swift: Hang Seng Bank

Economic growth is expected to ease to an average of 4%.

Hong Kong’s recovery unlikely to be swift: Hang Seng Bank

Economic growth is expected to ease to an average of 4%.

Only for the brave: the Mainland’s still a tough market

The Chinese mainland has its problems but still offers business opportunities for Hong Kong businesses that can afford the uncertainties and risk.

Retail sales whacked by inflation

Inflation took some of the luster off a welcome rise in retail sales in November.

Painful inflation nullifies wage increase impact

Inflation erased over half the value of wage increases that Hong Kong’s employees received in September 2011.

Hong Kong posts $1.5bn deficit

Scheme $6,000.expenditure boosted the deficit.

Anemic trade triggers economic worries in 2012

Hong Kong's rising trade deficit and stubbornly weak exports in November raise the prospects of tough times in 2012.

Korea’s inflation ends 2011 on a bad note

The country’s inflation remained stubbornly high, up 4% in December.

Balance of Payments surplus reaches a whopping $23.6b

This represents almost 5% of the country's gross domestic product.

Service activities net output increased 3.9% in 3Q11

Net output in the import and export, wholesale and retail trades sector rose 4.8% in real terms.

Hong Kong’s GPD up 8.8% to a whopping $487b in 3Q11

The country’s GNP was larger by $6 billion, rising 9.8% in the third quarter.

India continues its battle with inflation

Even if inflation eased to 9% in November, it's still a chellenge as it has remained above 5% for the past 2 years.

Exports and imports volume up in October

Double-digit increase was recorded for the total export volume to Taiwan.

China's top economic concern now growth not inflation

What are Beijing's five priority policies for economic expansion in 2012?

Hong Kong to boost Renminbi's internationalisation

Hong Kong was an important constituent of China’s financial market, and the Mainland could leverage Hong Kong’s effective financial resource...

November Exchange Fund foreign assets drop $100mn

The Monetary Base reached $1.0602tn while claims on the private sector amounted to $143.5bn.

Renminbi business boosts Hong Kong's status as financial hub

Government believes Hong Kong has very good potential to develop into an offshore renminbi business centre.

Third quarter industrial production index up 0.2%

Producer price index also increased 9.6% in the third quarter.