Issue: February 02, 2012 (Archive)

Saturday, May 25, 2013

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PMI flags global growth slowing
Crumbling global demand restrained factory output in Asia and most of Europe in January, business surveys showed yesterday, putting pressure on policymakers to shore up growth and counter a spreading malaise.

Mortgage rates go down as curbs ebb
Some banks have lowered mortgage rates for first- home buyers in Shanghai and Shenzhen, according to an official report.

Shares look ripe as turnover drops in volatile times
Stock investing is not what it used to be. The historical average of the price earnings ratio for Hong Kong stocks is 12 times. But when the ratio falls below 10, experience tells us that we should be buying.

Wen unveils fund to help small business
China announced more help yesterday for its struggling private sector, unveiling a 15 billion yuan (HK$19.35 billion) fund to finance new small businesses and promising tax breaks and more lending for entrepreneurs.

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