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HK cuts loan size to 60% of home’s value

A man walks outside a property agency featuring posters of the latest high-rise apartment buildings in Hong Kong. Hong Kong imposed new measures yesterday in its latest bid to cool one of the world’s most expensive real estate markets, cutting the amount of money home buyers can borrow to 60 percent of the property’s value, from 70 percent. — Reuters...

February 28, 2015, Saturday


Fair opens despite absence of small firms

The Spring Festival holiday last week did not upset plans for the East China Fair which will open tomorrow as originally scheduled, although some small firms decided not to attend, the fair organizers...

Wang Yanlin | February 28, 2015, Saturday


Better returns expected as more funds go into services

China can expect to see better investment returns as more funds are injected into the country’s service industry, US investment firm Kohlberg Kravis Robers Co LP said in a report yesterday. ...

Leng Cheng | February 28, 2015, Saturday


Shares rise as reforms anticipated

Shanghai stocks ended at a one-month high yesterday as investors hoped reforms of China’s military industry would draw more investments....

Amber Ji | February 28, 2015, Saturday


Plans afoot to revive northeast

China will encourage new industries to develop in the country’s northeast region in a bid to revive its fortunes, the National Development and Reform Commission said on Thursday....

Ji Xiang | February 28, 2015, Saturday

More News


China's Feb manufacturing PMI rises to 49.9%

CHINA'S manufacturing activity improved slightly in February thanks to increased output and new orders, and the economic operation shows signs of improvement. Statistics have been newly released by the ...

March 1, 2015, Sunday


China's Feb non-manufacturing PMI up, consumption robust

CHINA'S non-manufacturing activity picked up in February due to robust consumption during the Spring Festival holiday, an official monthly survey showed today. The purchasing managers' index (PMI) for ...

March 1, 2015, Sunday


Central bank cuts interest rates

CHINA’S central bank yesterday cut interest rates for the second time in three months as inflation cooled and the authorities stepped up stimulus measures to curb the economic slowdown. From today, the ...

Feng Jianmin | March 1, 2015, Sunday


Central bank to cut interest rates

THE People's Bank of China, the central bank, announced on Saturday that it will cut the benchmark deposit and loan interest rates by 0.25 basis point starting March 1. ...

February 28, 2015, Saturday


China overhauls industry gas pricing

China will set an equal, fair natural gas pricing structure for all industrial users to allow market forces to lead the energy sector, the top economic planner announced on Saturday. The National Development ...

February 28, 2015, Saturday


Capital gains tax on stocks likely

China is planning to levy tax on capital gains derived from trading of domestic securities by foreign fund managers during the five years through November 2014, a move that may result in a large cut in...

Vera Ye | February 28, 2015, Saturday


BOJ may extend monetary boost

Japanese factories churned out more machinery and electronic devices in January as export shipments rose, but lower energy costs due to cheaper crude oil failed to provide a boost to consumer spending...

February 28, 2015, Saturday




 

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