Date
19 December 2018

BUSINESS

  • Fifth-generation mobile services are witnessing gradual rollout in some markets in the world. A look at the current offerings will give us some clues as to how much we, as consumers, might end up paying extra...
  • One tough lesson investors should have learnt by now is this: avoid holding onto Tencent spinoffs. To be specific, if you happen to land any shares of the units that the Chinese internet giant has spun...
  • There has been talk that the action against Huawei CFO Meng Wanzhou, who has been arrested in Canada earlier this month at the request of the United States, can be seen as part of Washington’s attempts...
  •   Financial digitalization – the digital revolution’s system-level transformation of the entire financial ecosystem – could catalyze global efforts to finance sustainable development. According to the McKinsey Global Institute, the expanded use of financial technology could...
  • CBS Corp said on Monday that its former CEO Leslie Moonves will not receive a US$120 million severance package as the firm has determined that there were ample reasons to fire him for cause. “We have...
  • US stocks will suffer further falls, billionaire bond trader and investment guru Jeffrey Gundlach said on Monday, warning of a long-term bear market. Speaking on CNBC TV, Gundlach, who is the chief executive of DoubleLine Capital, said passive...
  • The Czech Republic’s cyber watchdog on Monday warned the nation’s network operators against using software or hardware made by Chinese telecoms equipment firms Huawei and ZTE, Reuters reports. The Czech National Cyber and Information Security Agency...
  • With the US Federal Reserve expected to announce this week another hike in benchmark interest rates, President Donald Trump and his top trade adviser on Monday ratcheted up their criticism of the central bank’s monetary tightening,...
  • Google announced on Monday that it will invest more than US$1 billion on a new campus in New York, becoming the second major tech giant after Amazon to pick America’s financial capital for new business facilities....
  • Wei Jie was once the poster child for young and successful real estate developers focused on the country’s smaller cities. His company once boasted a contract value of more than 570 billion yuan (US$82.64 billion) from 58...

WORLD

  • Chinese President Xi Jinping called on Tuesday for the unswerving implementation of reforms on Beijing’s terms but offered no new specific measures in a closely watched speech marking 40 years of market liberalization, Reuters reports. In...
  • Chinese President Xi Jinping praised Hong Kong’s leader Carrie Lam Cheng Yuet-ngor during a meeting held in Beijing Monday afternoon, lauding her for her work over the past year.  Lam led the Hong Kong government well,...
  • The Czech Republic’s cyber watchdog on Monday warned the nation’s network operators against using software or hardware made by Chinese telecoms equipment firms Huawei and ZTE, Reuters reports. The Czech National Cyber and Information Security Agency...
  • Henry Kissinger, in his book On China, wrote that Chinese strategists think differently than their western counterparts because they are used to playing a different board game, weiqi, where the player patiently gains relative advantage through...
  • Students are often overwhelmed by too many subject choices and don’t really know which one they should pick when they go to college. I believe the so-called T-Model is the best approach to learning. The vertical...

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