Date
17 January 2017

BUSINESS

  • Business expansion is one of the sensitive periods in the business lifecycle. Every change or a decision made during this process has to be based on accurate data and any partnerships have to be made very...
  • Financial markets will be keeping a close eye on developments in the United States and the United Kingdom in the coming days. In the US, Donald Trump will be sworn in as the nation’s 45th President...
  • Over a six-hour dinner, Sun Hongbin, boss of China’s seventh largest property developer decided to splurge 15 billion yuan to bail out the debt-laden technology conglomerate LeEco. Sun revealed at a press conference on Sunday that...
  • The International Monetary Fund (IMF) announced Monday that it has raised its forecast for China’s economic growth for this year by 0.3 percentage points to 6.5 percent on expectations of continued government stimulus. While growth has...
  • Airbus Group plans to test a prototype for a self-piloted flying car by the end of the year as a way of avoiding gridlock on city roads.  Airbus last year formed a division called Urban Air...
  • Italy’s Luxottica and France’s Essilor have signed a 46 billion euro (US$49 billion) merger to create a global eyewear powerhouse with annual revenue of more than 15 billion euros. The all-share deal is one of Europe’s...
  • The investment world witnessed various black swan events last year. Now, 2017 could also turn out to be a year full of uncertainties and grey swans, if not black. In Europe, UK will kick off the...
  • In a recent deal, property developer Sunac China Holdings (01918.HK) agreed to pay 2.6 billion yuan (US$376.83 million) for a 6.25 percent stake in Beijing-based online real estate agency Lianjia. The deal put Lianjia’s valuation at...
  • Cathay set for overhaul

    Jan 16, 2017 8:54am
    Cathay Pacific Airways (00293.HK) is expected to announce job cuts, cost reductions and shifting of flights to its short-haul arm when it unveils the results of a key review this week. The 71-year-old Hong Kong airline is...
  • China’s economy will face more pressure and problems in 2017, with changes in global politics and challenges to economic rules adding further uncertainty to the outlook, Reuters reports. Premier Li Keqiang said China will ensure the nation’s...

WORLD

  • Some mainland tourists have been lining their pockets with fake candies stolen from a Donald Duck display in Shanghai Disneyland. The incident came to light after a Weibo user criticized the visitors for their unruly behavior,...
  • Police in Tianjin have raided dozens of underground factories that have been making fake branded seasoning products for more than 10 years. The scandal spurred concerns about food safety in China, with some experts saying the...
  • Governments around the world are facing a huge challenge. The number of international migrants has surged in recent years, reaching 244 million in 2015 – a 41 percent increase from 2000. With that total including 20...
  • Recently two pieces of news grabbed headlines in the mainland: one is that a state-owned enterprise based in Shanxi province has succeeded in producing the first 100 percent homemade ballpoint pen in China, and the other...
  • South Korean prosecutors sought an arrest warrant for Lee Jae-yong, heir to the Samsung conglomerate, ensnaring the leader of the world’s largest smartphone maker in the country’s widening corruption scandal, the Wall Street Journal reports. Lee’s...

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