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SMEs starved of finance

After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou Xinqian, vice director of the State-owned Assets Supervision and Administration Commission (SASAC), said that the absence of financing channels has...

#bank#Boost#funding

CBI poll shows ‘deeply worrying’ trend

According to the CBI’s research, almost a third of the companies questioned had relocated some of their business abroad and…

#Clear#investment#Jobs


Bank of England increases the cost of borrowing

The Bank of England has raised interest rates to 3.75% - the first rise in almost four years. The previous…

#bank#Bank of England#interest rates


Barclays confirms a review of its Hastings factoring operation

Barclays confirmed yesterday that it has begun a review of its Hastings-based factoring operation, which employs 350 people. It said…

#Jobs#trade#WHO


Economic upswing is too little too late

The Institute for Economic Research (IER) in Munich gave a glimmer of hope to the economy on Tuesday when its…

#economy#German economy#Jobs


Economy is bouncing back with expected 4% growth in...

Taiwan's economy is bouncing back, HSBC's Economics and Investment Strategy Unit said in its latest report. According to economist Geoffrey…

#Boost#exports#GDP


Financial services bounce back takes hold – survey suggests...

Financial services companies' confidence improved more than at any time in the last four years as business grew at its…

#banks#Boost#financial services


WesBank cuts interest rates for SME job creators

WesBank, the vehicle and movable equipment financier, yesterday launched "job creation finance", an interest rebate based finance scheme aimed at…

#interest rates#Jobs#smes


Business community optimistic about economic partnership with Mainland China

According to a survey of financial experts and professionals from the Hong Kong business community, 79 per cent of respondents…

#economy#GDP#Jobs


Tax changes will give businesses a boost

Tax and business-expense changes enacted earlier this year should begin to kick in before the end of the year, generating…

#Boost#Jobs#small business


Economy slides into recession

Germany's economy shrank by 0.1 per cent in the second quarter compared to the quarter before, the state statistical agency…

#confirming#economy#Jobs


Non-reimbursable loans for SMEs in the second phase of...

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…

#European Commission#Jobs#smes

Finnish industry sees no rapid recovery

According to the new Business Tendency Survey published by the Confederation of Finnish Industry and Employers (TT) on Thursday, executives…

#economic recovery#economy#exports

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