EJ Insight

BUSINESS

Google to invest US$550 million in China e-commerce giant JD.com

Jun 19, 2018 9:16am

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’s Musk alleges ‘extensive’ employee sabotage

Jun 19, 2018 9:05am

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...
Trump threatens new tariffs on US$200 billion of China goods

Jun 19, 2018 8:38am

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 top court to take up antitrust case on App Store commissions

Jun 19, 2018 8:35am

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...
Who will benefit most from electric and self-driving cars?

Hao Chenglin - Jun 15, 2018 12:53pm

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...
Famous goose barbecue restaurant closes juicy deal

Ben Kwok - Jun 15, 2018 11:26am

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

Neil Dwane - 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...
ZTE seeks US$10.7 bln credit line, nominates 8 board members

Jun 15, 2018 9:41am

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...
US Supreme Court sides with Trump in China antitrust case

Jun 15, 2018 9:24am

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 working on checkout-free retail tech: report

Jun 15, 2018 8:46am

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...

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WORLD

A post-North Korea Asia: What will it look like?

Frank Ching - Jun 19, 2018 11:21am

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...
A fruitless summit and an escalating trade conflict

Ko Tin-yau - Jun 19, 2018 11:16am

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...
India: The new motorbike superpower

Simon Shen - Jun 19, 2018 9:05am

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...
Trump threatens new tariffs on US$200 billion of China goods

Jun 19, 2018 8:38am

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 seeks to establish military ‘space force’

Jun 19, 2018 7:57am

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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Hong Kong

Govt demands report on work flaws from SCL contractor

The government has ordered Leighton Asia, one of the main contractors of the MTR Corp.’s HK$87.3 billion Shatin-Central Link (SCL), to submit a report addressing safety concerns plaguing the construction work at Hung Hom station, Chief...
Imposing vacant property tax is still better than doing nothing

At the beginning of this month, Financial Secretary Paul Chan Mo-po told the Legislative Council that the government is nearing the completion of its study of introducing a vacant property tax. Chief Executive Carrie...
Govt, experts launch program to monitor trees at risk of falling

A three-year program to monitor and identify trees in danger of falling and posing risk to public safety has been launched in a collaborative effort by universities, experts and the government. Under the program,...
Myofascial pain syndrome

Myofascial pain syndrome and fibromyalgia may sound totally different, but their expression of pain is very much alike. Since both illnesses are caused by problems arising from tissues like muscles, tendons or fascia, they...
Today’s criminals – tomorrow’s heroes?

Chief Executive Carrie Lam, her bosses in Beijing and the usual rabble of anti-democrats think that jailing Edward Leung and others for offenses arising out of the Mong Kok disturbances in 2016 can be...