Huge discrepancies between government estimation and the actual amount of budget surplus have become almost a routine feature, and this year's budget is no exception. According to a projection made by ...More
EJ Insight2015-02-27
... ig budget surplus. Admittedly, Tsang appeared friendlier when he doled out HK$6,000 to each adult Hong Kong resident in 2011 after a public outcry. All told, however, he has not been the most generous ...More
EJ Insight2015-02-26
... a year of surplus (the Chinese word for which sounds like the word for fish). But experts say tattooing fish can increase their risk of being infected by bacteria. Dr. Jack Kwan, a biochemist at the U ...More
EJ Insight2015-02-16
... due to a surplus of savings. It is sometimes possible that debt built on borrowed savings could be more susceptible to financial instability than that built on domestic savings. China's debt belongs ...More
EJ Insight2015-02-13
... the trade surplus rising to 10 percent of GDP in 2007, and manufacturing jobs absorbing surplus rural labor. But the flip side of China’s surplus was huge credit-fueled deficits elsewhere, particularl ...More
EJ Insight2015-02-13
... ting on a surplus of HK$60 billion for the current financial year, five times the budgeted amount of HK$9.1 billion, thanks to the profits tax surplus brought forward from the previous financial year ...More
EJ Insight2015-02-12
... despite a surplus in the current account. And funds outstanding for foreign exchange are no longer a source of long-term liquidity since the central bank stopped frequent interventions in the foreign ...More
EJ Insight2015-02-09
... hly trade surplus of US$60 billion. Analysts had expected exports to gain 6.3 percent and the slowdown in imports to ease to 3 percent after a better than expected showing in December. They had also f ...More
EJ Insight2015-02-09
... a primary surplus. But the contraction in government spending has been predictably devastating: 25 percent unemployment, a 22 percent fall in GDP since 2009 and a 35 percent increase in the debt-to-GD ...More
EJ Insight2015-02-04
... ina had a surplus of US$61.1 billion in the current account, which covers trade in goods and services. It had a surplus of US$213.8 billion for all of 2014, according to initial estimates. The figure ...More
EJ Insight2015-02-04
... estimated surplus of HK$60 billion (US$7.74 billion) it is expected to report for the fiscal year to March. The termination of the concession, which has been in place for seven years, is likely to com ...More
EJ Insight2015-01-29
... t account surplus is expected to stay above US$200 billion this year. – Contact us at [email protected] RC ...More
EJ Insight2015-01-28
With ample surplus expected in government coffers, Hong Kong's Financial Secretary John Tsang is considering fresh "giveaways" to the public, possibly through tax refund or rates concession, Sing Tao ...More
EJ Insight2015-01-27
... ry budget surplus – more than 4 percent of GDP – for many years to come. Syriza also plans to demand a substantial reduction in Greece’s foreign debt, the nominal value of which remains very high – cl ...More
EJ Insight2015-01-21
... he global surplus will swell to more than 200 million tons in 2018 from 35 million tons this year, according to UBS AG. -- Contact us at [email protected] CG ...More
EJ Insight2015-01-20
... if strong surplus countries – say, Finland or Germany – left. Through it all, a consensus emerged that an exit by one country could – like the collapse of Lehman Brothers in 2008 – trigger a wider mel ...More
EJ Insight2015-01-19
... a supply surplus of between one million barrels and two million barrels, and that surplus is not going away soon, the WSJ said. US production, which has grown by more than a million barrels a day in ...More
EJ Insight2015-01-13
... its (with surpluses used to accumulate reserves); and low external public and private debt. Moreover, the emerging economies took governance lessons, recognizing the imperative of improving transparen ...More
EJ Insight2015-01-07
Crude oil prices slumped to fresh five-and-a-half-year lows amid continuing worries about a surplus of global supplies and weak demand. US benchmark crude slid as low as US$51.40 a barrel on Monday, i ...More
EJ Insight2015-01-05
... s the oil surplus grows, the Financial Times said. When prices for future delivery exceed spot prices, traders buy oil and store it on tankers, hoping to sell it later at a profit. -- Contact us at e ...More
EJ Insight2014-12-29
