Markets

Hong Kong Legislature Approves US$32.8 Million To Host WTO Meeting

Hong Kong's legislature approved 256 million Hong Kong dollars (US$32.8 million) on Friday to host the World Trade Organization's sixth ministerial conference, the government said. Financial Secretary Henry Tang said he welcomed the legislature's approval and the Hong Kong government will now proceed "full steam ahead" with the necessary preparations for the conference.

Waking Up To The Rise Of The Red Dragon

The Australian | By Florence Chong | April 7, 2004 THE door is about to swing open for adventurous Australian investors to enter the promising Chinese stock market. Small funds dedicated to Chinese stocks have started to come on the market, offering retail Australian investors the opportunity to leverage on to China's dynamic economic growth.

World Bank Chief Treads New Ground in US

Reuters | By Lesley Wroughton | March 13, 2004 WASHINGTON - The United States is the World Bank (news - web sites)'s biggest shareholder, and bank president James Wolfensohn wants Americans to know where their dollars are going.

Unctad Report Says FDI Flows to Brazil, Mexico Dropped in 2002

The Main Wire | March 5, 2004 A report released Friday by the United Nations Conference on Trade and Development found that foreign direct investment (FDI) inflows to Brazil, Mexico and Columbia dipped in 2002 from 2001. The agency said FDI flows to Brazil declined from $22.5 billion in 2001 to $16.6 billion in 2002, or by more than 26%.

DAVOS At-a-glance Guide to the Main Points

AFX European Focus | January 26, 2004 Following are the main points from this year's World Economic Forum here. ECONOMY - US Commerce Secretary Donald Evans told the forum he felt the US budget deficit as it stands is 'appropriate', but will come down

New Book: Debating the Tobin Tax

New Rules for Global Finance Coalition | November 4, 2003

US Congressional Panel Votes To End Tax Breaks For Exporters

Agence France Presse | October 29, 2003 A US congressional panel Tuesday voted to strike down tax breaks for US exporters, which have been deemed illegal by the World Trade Organization and which could draw massive European countermeasures if not repealed.

Finance Ministers From 20 Rich And Poor Nations Look For Ways To Help World Economy

Associated Press | By TRACI CARL | October 24, 2003 Finance officials from twenty rich and poor nations are looking for ways to revitalize the sluggish global economy and to get world trade talks back on track.

China Not Honouring Its WTO Promises, American Report Claims

South China Morning Post | By Allen T. Cheng | September 23, 2003 China not honouring its WTO promises, American report claims; Little progress is seen on financial services, agriculture and distribution

US Says Not Averse To Unbundling Of Singapore Trade Issues

Asia Pulse | September 3, 2003 NEW DELHI -- The US on Tuesday indicated that it was not averse to unbundling of new trade issues in the face of developing countries' resistance to bringing investment and competition policy into the work programme of WTO.