Date
19 June 2018

BUSINESS

  • Google will invest US$550 million in Chinese e-commerce powerhouse JD.com, part of the US internet company’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com, Reuters reports. The two companies described...
  • Tesla Inc. chief executive Elon Musk accused an employee of “extensive and damaging sabotage” to the company’s operations, Reuters reports. In an email sent to company employees on Monday, Musk said an employee had made code changes...
  • US President Donald Trump threatened to impose a 10 percent tariff on US$200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing, Reuters reports. In a statement on Monday, Trump said he had asked...
  • The US Supreme Court agreed to take up Apple Inc.’s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more...
  • Technology innovation is not just about smartphones and the internet. I believe self-driving cars and electric vehicles are the growth point for next decade. Waymo, the self-driving car unit of Google’s parent company, Alphabet, has spent...
  • In the restaurant business, how many dishes does one have to prepare and sell in order to reach HK$100 million?  A lot, you will say. And probably not even several lifetimes of hard work and the...
  • The rise of Asia

    - Jun 15, 2018 10:29am
    Asia is now clearly emerging from its historic position as the “workshop of the world” towards a millennial and services based set of economies, firmly underpinned by structural reforms across China, India and the other major...
  • Chinese telecoms equipment maker ZTE Corp is seeking a US$10.7 billion credit line from banks as it seeks to rebuild a business that had been crippled by a US supplier ban. The firm, meanwhile, nominated eight...
  • The US Supreme Court sided with the Trump administration in a trade row between the world’s two largest economies, throwing out a lower court ruling that had allowed two Chinese vitamin C makers to escape US$148 million...
  • Microsoft is working on technology that will eliminate cashiers and checkout lines from stores, posing a potential challenge to Amazon’s automated grocery shop efforts, Reuters reports, citing people familiar with the matter. The Redmond-based software giant is...

WORLD

  • Who came out on top in Singapore, where the president of the most powerful nation on earth met the North Korean leader, who has made significant steps towards becoming a nuclear power? The world’s press seems...
  • The risk of a global nuclear war has receded considerably following the historic summit between US President Donald Trump and North Korean leader Kim Jong-un. Yet the Trump administration has been criticized for making too many concessions...
  • Apart from dull statistics, there are actually quite a lot of interesting tools to measure the level of economic development and standard of living of a particular country. Some best-known examples of such measuring tools are...
  • US President Donald Trump threatened to impose a 10 percent tariff on US$200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing, Reuters reports. In a statement on Monday, Trump said he had asked...
  • US President Donald Trump says he is ordering the creation of a sixth branch of the military to focus on space, a move critics said could harm the Air Force. “It is not enough to merely...

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