Issue: July 23, 2012 (Archive)

Wednesday, May 22, 2013

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Yuan deposit rates up on bond apathy
Several local banks have raised interest rates on yuan deposits after reducing them earlier this month.

Follow the pointers for devising tactics
Federal Reserve chairman Ben Bernanke has good reason to worry. Last week we saw unexpected declines in US retail sales, existing home sales and building permits, and unemployment claims surged.

Perfect Shape sitting pretty
Slimming and beauty company Perfect Shape (PRC) Holdings (1830) is looking for specialists from South Korea, Japan and Taiwan to join its mainland team as demand soars for high-end services.

More Spain provinces set to seek bailout
Tiny Murcia yesterday became the second Spanish region to say it would tap an 18-billion-euro (HK$169.73 billion) government program to keep its finances afloat, while media reported half a dozen governments are ready to follow in the footsteps of Valencia.

Three firms seek in for exchange-traded funds
Three more fund-management firms have submitted applications to launch exchange-traded funds linked to mainland A shares.

Spain notes sale a chilling signal
US stocks closed lower on Friday as the Spanish 10-year bond yield once again topped 7 percent.

Equity financing urged for SMEs
The mainland's small-to-medium-sized enterprises should try to attract more equity financing in the current situation when banks are reluctant to lend, a senior economist at the Chinese Academy of Social Sciences said yesterday.

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