Page 41 - World Development News Today

Staff reporter Chinachem said yesterday its recent acquisition of the D-Park mall is a long-term investment and the mall will be repositione...

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had added more than 80 points or 0.

Pakistan’s recent economic history shows why it has been so difficult to service the external debt and why this will continue to be a challenge in the future. First, external debt has not been used to expand public investment for many years now; instead, it has largely supported government consumption. Second, the ability to service the debt has been weakened by poor export performance. And while maintaining external balance has been helped by the growth of remittances, this very growth has al...

The Hong Kong stock market has moved lower in back-to-back sessions, dropping almost 280 points or 1.7 percent along the way. The Hang Seng Index now sits just above the 16,510-point plateau although it's due for support on Friday.

Stocks snap a two-day decline after a weak manufacturing report stirred bets on more stimulus measures from Beijing next week to complement its recent market intervention.

New World Development has agreed to sell its shopping centre and parking spaces in Tsuen Wan to Chinachem Group for US$510 million, speeding up asset sales to trim its financing costs.

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The Hong Kong stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped more than 100 points or 0.6 percent. The Hang Seng Index now sits just above the 16,530-point plateau and it's looking at another soft start again on Thursday.

House prices have been dropping for nine months in a row and share prices have been low as changes to freedoms in the former British colony have worried investors

The city has scraped a series of property taxes in an effort to turn around a market that is often seen as a proxy for its beleaguered economy.