Date
19 November 2018

BUSINESS

  • China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, Reuters reports, citing people with knowledge...
  • Tesla has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan (US$1,153), Reuters reports, citing information posted on the electric carmaker’s China website. Chief Executive Officer Elon Musk said,...
  • The State-owned Assets Supervision and Administration Commission (SASAC), China’s top regulator of state assets, has vowed to loosen its grip on government-owned companies. Not long ago, Beijing was trying to boost the role of state firms...
  • Speculators are staging a forceful comeback in China’s stock market, bidding up shares in loss-making companies, as regulators ease rules around trading, fundraising and backdoor listings to prop up struggling bourses. In a bid to stop...
  • Hong Kong’s MTR Corp. (00066.HK) is introducing QR code-based payments for travelling on the city’s railway and metro system, with AlipayHK selected as the service provider for an initial period. According to an agreement signed between...
  • The Hang Seng Index has trended downward since hitting an all-time high at 33,484 on January 29. The benchmark is now more than 7,500 points, or 22 percent, off its peak. While market sentiment remains lackluster,...
  • Apple has inked a multi-year content deal with A24, the studio behind Oscar-winning projects “Moonlight” and “Amy”, Reuters reports, citing a source familiar with the matter. The partnership comes as the iPhone maker pushes deeper into...
  • China’s written response to US demands for trade reforms is unlikely to trigger a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this month, a senior Trump administration official told Reuters on Thursday....
  • Tesla Inc. chief executive Elon Musk said Model 3s ordered in the United States by the end of this month will be delivered by Dec. 31, Reuters reports. “Tesla just acquired trucking capacity to ensure Model...
  • Of late, we have seen a new wave of virtual talents making their presence felt in the online entertainment scene in the region. Called “virtual YouTubers,” or “VTubers”, the entertainers, represented by digital avatars that look...

WORLD

  • A reported decision by China and the United States for negotiators to meet in Buenos Aires ahead of a Dec. 1 summit between President Xi Jinping and Donald Trump suggests that the two sides feel that...
  • Recently I encountered five robots, with different functions, within seven days, reminding me that the robotic era is approaching. I recall that when my primary school teacher talked about dreams during my childhood, he said: “What...
  • Renowned martial arts novelist Louis Cha Leung-yung, better known by his pen name Jin Yong, and Stan Lee, the legendary writer, editor and publisher of Marvel Comics, passed away recently, but their works will live on....
  • China should cut corporate and personal income taxes to support the slowing economy amid a trade dispute with the United States, former Chinese finance minister Lou Jiwei said on Sunday. “There is room for cutting the...
  • Asia-Pacific leaders failed to agree on a communique at a summit in Papua New Guinea on Sunday for the first time in their history as deep divisions between the United States and China over trade and...

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