Issue: May 10, 2006   (Archive)
Thursday, January 29, 2015   




Luxury homes become sales focus
Sales of luxury homes are picking up and more projects are expected to launched after the Lunar New Year holiday.

Slower loan growth for local banks
Total loans rendered by local banks rose just 12.7 percent last year from 2013, with trade finance slipping 1.4 percent, Hong Kong Monetary Authority data showed yesterday.

A little extra in the pay packet
Hong Kong employees will be given bonuses equivalent to 1.56 months of their salary in the lunar year, up 8 percent from a year back, a survey by HR Business Solutions Asia has found.

Rogue agents on rise
Complaints about new home sales practices jumped nearly 30 percent in 2014 from a year earlier, as more agents illegally lent money to prospective buyers for registering intent to buy in a bid to stimulate market response, the Estate Agents Authority said yesterday.

Apple calls it right
Apple Inc quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the US remained the top iPhone market.

Mainland growth target set to be 7pc
China plans to cut its growth target to around 7 percent in 2015, its lowest goal in 11 years, sources said.

Yuan hits milestone
The yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organization SWIFT said yesterday.

New probe into margin trading
Mainland regulators will launch a fresh investigation into stock margin trading, and banks have been told to tighten lending supervision to avoid loans being funnelled into stock markets, three sources with direct knowledge of the matter said.

Alibaba roasted for `arrogance'
A powerful mainland regulator yesterday blasted e-commerce giant Alibaba for allowing "illegal" actions on its multibillion-dollar online shopping platform, accusing executives of conceit in an unusual government dressing down of a major domestic company.

Power of positive thinking should be real comfort
Poor earnings reports in the United States that caused a 1.6-percent sell-off on the Dow Jones Index brought some concern to Asian stock markets yesterday.



© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.