EJ Insight

BUSINESS

Beijing nano flat fetches sky-high price

Ben Kwok - Jun 22, 2018 12:42pm

Hong Kong’s property market is crazy, but Beijing’s is crazier. A subdivided unit in the capital city near the National Center for the Performing Arts, dubbed The Giant Egg, was sold for 2.5 million yuan (US$384,00)...
Top US banks clear toughest Fed annual stress tests

Jun 22, 2018 9:02am

The 35 largest US banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test that shows they have enough capital to...
Tesla to close solar facilities in US nine states: Reuters

Jun 22, 2018 8:45am

Electric car maker Tesla Inc.’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial US$2.6 billion deal, Reuters reports, citing...
$JD.com is China’s second-largest e-commerce company, but its market value is only a fraction of Alibaba’s US$500 billion plus. Photo: Reuters$

How JD could help fight a proxy war for its strategic investors

Ko Tin-yau - Jun 22, 2018 8:26am

A proxy war is a strategy that refers to a conflict instigated by opposing powers who do not fight against each other directly. By using third parties to do the fighting, it is still possible to...
Intel CEO resigns after probe of relationship with employee

Jun 22, 2018 7:38am

Intel Corp.’s chief executive Brian Krzanich has resigned after an investigation found he had a consensual relationship with an employee in breach of company policy, Reuters reports. The head of the largest US chipmaker is the...
What Xiaomi’s first IPO presser would look like

Ben Kwok - Jun 21, 2018 4:28pm

Financial journos, especially those covering the technology beat, will have to postpone plans for a well-deserved beauty sleep this weekend if they don’t want to miss an important event in the sector. Smartphone maker Xiaomi Inc....
Facebook eyes fees for groups with exclusive content

Jun 21, 2018 2:50pm

Facebook has always been a free service, and supported by targeted advertising. But now, the social media giant is starting to test a new feature that will allow Facebook Group administrators to charge a monthly fee...
ViuTV should build on World Cup ratings to challenge TVB

SC Yeung - Jun 21, 2018 12:33pm

Over the past five decades, Television Broadcasts (TVB) has dominated local television, enjoying more than half of the viewership market during prime time. But here comes PCCW’s ViuTV, which recently broke the norm by broadcasting select...
Startup takes voiceprint recognition technology to Indonesia

Jonathan Chong - Jun 21, 2018 12:31pm

Imagine hundreds of senior citizens lining up at a bank to receive their pension several times each year. This involves so much effort on the part of the pensioners, but also a lot of time and...
Volvo Cars CEO says auto tariffs threaten jobs at new US plant

Jun 21, 2018 9:57am

Chinese-owned Volvo Cars opened a new auto factory in South Carolina on Wednesday as company executives warned that the US-China trade dispute could undermine plans to create up to 4,000 more auto jobs in the heavily...

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WORLD

How the World Cup could impact stock markets

Ko Tin-yau - Jun 22, 2018 5:16pm

A recent study shows that a loss by the England national football team in the 2018 FIFA World Cup in Russia had the potential to wipe tens of billions of pounds off the London stock market....
Smart city needs big data for decision-making

Erwin Huang - Jun 22, 2018 2:32pm

In last week’s Hong Kong Smart City Summit, experts discussed the basic requirements for the city to transform itself into a smart city. Speeches made during the meeting stress the need for the government to understand...
Beijing nano flat fetches sky-high price

Ben Kwok - Jun 22, 2018 12:42pm

Hong Kong’s property market is crazy, but Beijing’s is crazier. A subdivided unit in the capital city near the National Center for the Performing Arts, dubbed The Giant Egg, was sold for 2.5 million yuan (US$384,00)...
Toward a more democratic Europe?

Kemal Derviş - Jun 22, 2018 10:20am

A year ago, Emmanuel Macron’s decisive victory in the French presidential election, and his party’s subsequent success in legislative elections, caused many to breathe a sigh of relief. The rising tide of extremist populism in the...
Rediscovering the promise of nuclear power

Wade Allison - Jun 22, 2018 10:05am

At the 2015 United Nations Climate Change Conference in Paris, world leaders at last seemed to recognize the reality of climate change. But the response they are pursuing is fundamentally flawed, given its dependence on “renewable...

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Hong Kong

Things you should know about food quality

The quality of food refers to the nutritional value and the eating experience, which includes its color, aroma, taste, and texture. The quality could be affected by the composition of the food, such as water,...
Yo Hong Kong DJ! The motherland is calling

The problems in Hong Kong’s DJ scene are well-documented: high rents, expensive drinks, lack of support from authorities (and frequent police raids), crowds that seem to care more about looking cool than the music. We...
HK slips to 11th place in world digital competitiveness ranking

Hong Kong dropped four notches to No. 11 in the world digital competitiveness ranking compiled by the International Institute for Management Development (IMD). The IMD study, which covers 63 countries, assesses the extent to...
Lawmaker cries ‘murder’ after gay marriage motion mangled

People Power lawmaker Raymond Chan Chi-chuen said he has written to Legislative Council president Andrew Leung Kwan-yuen demanding an explanation on why his proposal to study the feasibility of allowing homosexual couples to enter...
MTR bosses admit responsibility for scandals, dodge resign call

The MTR Corp. management admitted responsibility for the spate of scandals that rocked the Shatin-Central Link (SCL) project, but did not give a clear answer on whether the rail operator’s top officials will resign,...