Thursday, 25 February 2010

Bullish a Year Ago, Robert Prechter Now Sees "the Biggest Bubble in History"

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Bear Market Armageddon: Why Prechter Might Be Right This Time

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In late February last year, Robert Prechter of Elliott Wave International said "cover your shorts" and predicted a sharp rally tha...

Keynesian economics: dying where it was born

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The UK has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly global...
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More clarity needed for SGX policy on firms at risk of delisting

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Why is it that shareholders’ hopes of recovering their investments in China Printing & Dyeing and FerroChina should be dashed when a res...
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Operations of key Sino-Environment unit have ceased

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Sino-Environment said that all business operations at its main subsidiary in Fuzhou have ceased, leaving its plant and equipment sitting idl...
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Sino-Environment issues update following criticism

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Embattled Sino-Environment Technology Group has issued a long-awaited update to anxious shareholders, just hours after it received a tongue-...
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Sovereign debt crisis on the cards

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Ballooning public debt is likely to force several countries to default and the United States to slash spending, according to Harvard Univers...
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Toyota chiefs blame fast rise, admit recall limits

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Toyota’s top US executive has admitted that global vehicle recalls had “not totally” fixed dangerous safety flaws, as angry US lawmakers loo...
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US and Europe dig themselves in fiscal hole

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The fiscal time bomb is ticking ever louder, from Greece to Japan and from Britain to the United States, not to mention Portugal, Spain and ...
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Oxfam calls halt after ‘warning’

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Hong Kong charity suspends training of mainland students until ‘ministry notice’ clarified
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Prices steady as home buying starts to wane

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Surging home prices on the mainland have shown signs of slowing down as buyers hesitate about entering the market in the wake of government ...
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Pressures point to fresh yuan appreciation in coming months

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In recent days market chatter about the yuan has reached deafening volumes. Lots of people agree; at some point soon Beijing is going to cha...
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Mainland tells banks to limit loans to local bodies

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Mainland’s banking regulator has told commercial lenders to restrict new credit they provide to local governments’ financing vehicles, to wa...
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Hong Kong to Raise Luxury Property Tax

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Hong Kong’s government plans to raise the tax on luxury apartment deals and increase land supply to try and prevent the property market from...
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Hong Kong introduces measures to avoid property bubble

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Hong Kong said Wednesday that it will introduce a series of measures to cool the overheating property market, including increasing residenti...
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Crackdown on soccer spreads to top team

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One of the mainland’s most successful and popular soccer clubs has been dragged into the sweeping crackdown on the sport, a report said yest...
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Chinese Flock to Parks for Closer Look at Minorities

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Tucked away in China’s steamy tropical southwest are the villages of the Dai people, famous throughout the country for a raucous annual trad...
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China could benefit from Swatch threat to halt component supply

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Swatch Group’s plan to stop supplying rivals with key components threatens the “Swiss made” seal on which the industry rests and could force...
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China’s Communists issue ethics code

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China’s ruling Communist Party has issued an ethics code to curb the widespread corruption that its leaders see as one of the biggest threat...
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Wednesday, 24 February 2010

Beijing government’s tightening package on property

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Beijing local government released a policy package to cool down the property market. The key highlights as the following:
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