Issue: January 16, 2012 (Archive)

Thursday, June 20, 2013

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Cheung Kong to slick up Oil Street with hotel, flats
Cheung Kong (Holdings) (0001) is planning an 800-room hotel and a 400-unit luxury residential project on Oil Street in North Point.

Caution urged on yuan funds `promised' returns
Financial advisers are urging potential investors to factor in fees as they consider promised returns from funds under the renminbi qualified foreign institutional investor program.

Loan demand sparks deposits rush
Local banks are clamoring to attract new yuan deposits to meet increasing demand for loans in the currency.

Volume turned up on euro zone siren
Early last week, global stock markets rebounded. Bond auctions of Spain and Italy were well received.

Industry and homes propel power usage
Power consumption in the mainland ticked up last month to its highest level since August, implying the economy may have found a firmer footing after a lackluster November.

New flats deter housing market
Apartments at new projects continued to attract buyers while sales of secondary homes picked up slightly at the weekend.

Draghi doing the right thing
Last year, I predicted European Central Bank president Mario Draghi would perform better than his predecessor, Jean-Claude Trichet.

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