EJ Insight

BUSINESS

Outlook for Asia-Pacific REITs: Japan, Australia promising

Victor Yeung - Dec 14, 2018 5:03pm

My team and I have recently published our firm’s Outlook for 2019. Our top call is Australia and Japan. Australia’s rental upward cycle started in 2016, and this year we have continued to see rental increases...
Apple to push software update in China amid sales ban

Dec 14, 2018 4:59pm

Apple Inc., facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc. patents, said on Friday it will push software updates to users in a bid to resolve...
Long-term thematic opportunities in financial innovation

Guy de Blonay - Dec 14, 2018 4:51pm

The Hong Kong Monetary Authority (HKMA) in 2017 announced seven initiatives to move Hong Kong into a new era of smart banking. Virtual Banking, Open API and the Faster Payment System are the latest buzzwords that...
China consumers, factories feel deepening economic gloom

Dec 14, 2018 1:16pm

China’s November retail sales grew at their weakest pace since 2003 and industrial output rose the least in nearly three years as the economy lost further momentum, heaping pressure on Beijing to defuse its trade dispute...
Almost half of HK taxpapers yet to use eTAX to file returns

Dec 14, 2018 1:12pm

Digitization has streamlined tax administration in various jurisdictions. In Hong Kong, the Inland Revenue Department (IRD) launched eTAX in 2008, offering taxpayers a simpler, quicker, more secure and environment-friendly way to settle their tax obligations through electronic...
Trump’s economic war of choice

Jim O'Neill - Dec 14, 2018 9:47am

The brewing conflict between the United States and China is typical of zero-sum contests among countries, firms, and individuals. The US is acting under the implicit assumption that if China’s GDP were to surpass that of...
Qualcomm evidence ruled inadmissible in US antitrust case

Dec 14, 2018 9:23am

A federal judge in the US on Thursday ruled that evidence provided by chip supplier Qualcomm that major phone makers like Apple have moved to competing suppliers like Intel cannot be used to fight allegations Qualcomm...
YouTube takes down 58 million videos in quarter

Dec 14, 2018 9:23am

YouTube took down more than 58 million videos and 224 million comments during the third quarter based on violations of its policies, in an effort to demonstrate progress in suppressing problem content, Reuters reports. Government officials and...
Why HK’s latest data center land plot drew so many bids

Ko Tin-yau - Dec 14, 2018 9:06am

The Hong Kong government sold on Wednesday, for HK$5.46 billion, the second land parcel specifically earmarked for the purpose of building a data center. The auction attracted nine bidders and the winning bid, at HK$4,500 per square...
SoftBank to shun Huawei in favor of Ericsson, Nokia: Nikkei

Dec 13, 2018 3:27pm

SoftBank Group Corp. plans to replace 4G network equipment from China’s Huawei Technologies Co. Ltd. with hardware from Nokia and Ericsson, Nikkei reported on Thursday, without citing sources. The move comes at a time of heightened...

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WORLD

Fear of returning violence key argument for Brexit ‘backstop’

Mark O'Neill - Dec 14, 2018 1:23pm

On Aug. 13, 1974, two British soldiers were on duty at an observation post overlooking the border with the Republic of Ireland. A remote-controlled bomb went off and killed them both. They were stationed at a...
Meng becomes a pawn in US-China trade talks

HKEJ Editorial - Dec 14, 2018 12:14pm

Sabrina Meng Wanzhou, chief financial officer and deputy chairwoman of Huawei Technologies, is awaiting a hearing in a Canadian court following an extradition request from the United States. The Chinese telecoms executive in now out on...
A climate-friendly financial system

Dec 14, 2018 10:03am

The climate conference now underway in Katowice, Poland, has been billed as the most consequential since the 2015 summit, which produced the Paris climate agreement. Amid unprecedented public concern over the threat posed by climate change...
Trump’s economic war of choice

Jim O'Neill - Dec 14, 2018 9:47am

The brewing conflict between the United States and China is typical of zero-sum contests among countries, firms, and individuals. The US is acting under the implicit assumption that if China’s GDP were to surpass that of...
Suspect in Strasbourg attack killed in gun battle with police

Dec 14, 2018 9:12am

The suspected gunman who killed three people at a Christmas market in the French city of Strasbourg was shot dead on Thursday in a brief gun battle with police after being on the run for 48...

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Hong Kong

As dark clouds loom over economy, how should HK respond?

The Sino-US trade war has cast a cloud over the global economy, bringing many uncertainties. As an international trade and financial hub, Hong Kong is at the receiving end of some pressure, with the territory’s...
Man, 19, arrested after Porsche smashes cafe in Sheung Wan

Police arrested a 19-year-old man after the luxury sports car he was driving crashed into a coffee shop in Sheung Wan. The man was driving a Porsche 911 Carrera along Queen’s Road Central shortly...
At last the truth starts trickling out – albeit inadvertently

Some little-noticed but amazing revelations were inadvertently made by Frederick Ma Si-hang, the MTR chairman, as he desperately tried to cover his backside when giving evidence to the inquiry looking into the construction scandal...
Most Hongkongers expect home prices to fall in 2019: survey

More than half of Hong Kong residents expect home prices in the city to fall over the next twelve months, with the bearish view gaining ground significantly since the third quarter of this year,...
High Court rules co-location scheme consistent with Basic Law

The High Court has ruled that the co-location arrangement for the Guangzhou-Shenzhen-Hong Kong Express Rail Link is consistent with the Basic Law. The co-location bill, which was passed on third reading in the Legislative...