News
Cathay Pacific admits company yield has been 'disappointing'
Despite being able to manage capacity growth.
Cathay Pacific admits company yield has been 'disappointing'
Despite being able to manage capacity growth.
Hong Kong's total goods exports dipped 1.9% in April
Imports crept up by 1.6%.
Hong Kong again hailed as Asia’s most expensive office market
It’s the only Asian location to exceed $200 per sq. ft. per year.
Hong Kong retail sales plunge in April
It’s the steepest dip in more than 5 years.
Gross national income inched up 3.5% to $537.3b in 1Q14
GDP also jumped 4.6%.
Credit card circulation crept up a measly 0.1%
But card transactions edged down.
SEA cross-border outbound M&A volume hit record high
It's a whopping 73% spike.
Employment growth remains miniscule at almost 0%
Job cuts in finance are the culprits.
Private consumption drops to measly 2%
It’s going to fall further.
Account surplus reach HKD47.6b
It is swinging back.
Fixed investment up to 3% in Q1
It remains a key driver of growth.
Exports falls to 0.7% in Q1
But there’s still hope.
3-month HIBOR hits 0.4%
It is expected to remain low.
Median household income grows 6.2% in Q4 of 2013
Income of household in private housing stagnates.
Fiscal surplus plunges to 6% of GDP
It’s not a problem.
CCL dropped 4.4% since March
Luxury property prices continue to ease.
Loans hike by 11.5% in 2014 first quarter
But don’t expect strong expansion.
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