Issue: April 11, 2012 (Archive)

Friday, May 24, 2013

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China trade data signals lower domestic demand
The mainland turned in a positive trade balance last month on higher outward shipments and lower imports.

High oil price could sap Sinopec Shanghai
Soaring crude oil prices could erode earnings this year at Sinopec Shanghai Petrochemical Company (0338) as operating costs rise, the firm said yesterday.

Markets turn south on gloomy data
German government bond yields hit their lowest level since September yesterday and European shares fell as investors returning from a long weekend switched to safer assets after surprisingly weak US jobs data.

Hold on to long positions as bulls buy
Unfavorable factors are aplenty for equities - in the United States, Europe and China. Europe's outlook remains gloomy and US employers added the fewest number of jobs in March, when both consumer and producer prices eased in China.

Two in deals worth $2.9b
Household paper producer Vinda International Holdings (3331) and luggage maker Samsonite International (1910) announced equity deals valued at a combined HK$2.9 billion yesterday.

Recycling champions chomp for a challenge
The Hong Kong Organic Waste Recycling Centre, backed by at least 10 green firms, wants a totally new approach to managing what we throw out of our homes every day.

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