EJ Insight

BUSINESS

Liquidity and low rates, wrong solutions for the wrong diagnosis

Daniel Lacalle - Jan 21, 2019 11:45am

Recent macro data from the leading economies point to a widespread slowdown. What is more concerning is not just a logical moderation in the path of growth, but acceleration in the weakening of economies that were...
China GDP cools in fourth quarter, 2018 growth hits 28-year low

Jan 21, 2019 10:48am

China’s economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in...
Berkshire denies report on accord to extract lithium

Jan 21, 2019 10:38am

A unit of Berkshire Hathaway Inc. denied a report on Sunday that it reached an agreement to allow extraction of lithium from its geothermal wells in California, a project that could offer US carmakers and battery...
Pinduoduo reports theft of online discount vouchers

Jan 21, 2019 9:13am

Chinese social e-commerce firm Pinduoduo said on Sunday that an online collective exploited a loophole on its platform to “steal” tens of millions of yuan worth of discount vouchers. According to a statement posted on its official...
Paris wants Renault and Nissan to integrate: Nikkei

Jan 21, 2019 8:16am

A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported. The delegation, which included French government-designated Renault...
US demands regular review of China trade reform: report

Jan 21, 2019 7:38am

The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal – and could again resort to tariffs if it deems Beijing has violated the...
From SimCity to smart city

Erwin Huang - Jan 18, 2019 6:10pm

SimCity, a popular city-building video game, will mark its 30th anniversary this year. In the game, players scramble to build their ideal cities, but no matter how much effort you put into designing a virtual city, chances...
What a Bollywood movie tells us about the economy

Ko Tin-yau - Jan 18, 2019 6:08pm

Some are worried that the global economic growth may run out of steam if the world’s largest growth engine, China, shifts to a lower gear. A recent Bollywood movie, Pad Man, may offer some insight as to...
Hongkongers contribute much to Japan tourism boom

Ben Kwok - Jan 18, 2019 11:05am

Who doesn’t want to go to Japan for a vacation? All the delicious sushi and sashimi you can eat, a stay in a quaint and tidy ryokan, amazing sights, great shopping bargains: just the perfect therapy...
China envoy to Canada issues warning on Huawei 5G ban

Jan 18, 2019 9:13am

China’s envoy to Canada warned Ottawa there would be repercussions if it banned technology firm Huawei Technologies Co. Ltd. from supplying equipment to Canadian 5G networks, Reuters reports. Ambassador Lu Shaye, speaking at a news conference...

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WORLD

Liquidity and low rates, wrong solutions for the wrong diagnosis

Daniel Lacalle - Jan 21, 2019 11:45am

Recent macro data from the leading economies point to a widespread slowdown. What is more concerning is not just a logical moderation in the path of growth, but acceleration in the weakening of economies that were...
US immigration debate: Going beyond the surface

Simon Shen - Jan 21, 2019 10:27am

Ever since he took office two years ago, US President Donald Trump has been vigorously promoting the “America First” policy theme. A key element in that political agenda is tightening the relatively loose immigration policies adopted...
Gap between rich and poor growing, fueling global anger: Oxfam

Jan 21, 2019 10:26am

Tax systems that put a high burden on the poor mean public services are underfunded, stretching the gap between rich and poor and fueling global public anger, Winnie Byanyima, executive director of Oxfam International, said on...
What HK bureaucrats can learn from Kaohsiung mayor

HKEJ Editorial - Jan 18, 2019 6:20pm

Flowing through the city of Kaohsiung in southwestern Taiwan is a body of water known as the Love River among the locals. At one time, the river was largely shunned by the people because it used...
Taiwan probing surveillance by pro-China media on island

Jan 18, 2019 3:49pm

Taiwan will step up its investigation of pro-Beijing newspapers accused by politicians on the self-ruled island of spreading fake news and surveillance activities that infringe national security, Reuters reports, citing a security official. Claimed by Beijing...

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Hong Kong

Fires engulf two warehouses in Tuen Mun

Two major fires engulfed two warehouses in Tuen Mun over the weekend. At about 4:30 a.m. on Sunday, a massive fire broke out at a one-storey metal-sheeted warehouse at the Tuen Mun River Trade...
What HK bureaucrats can learn from Kaohsiung mayor

Flowing through the city of Kaohsiung in southwestern Taiwan is a body of water known as the Love River among the locals. At one time, the river was largely shunned by the people because...
Two women sentenced to jail for child abuse

A Hong Kong court on Thursday sentenced two women to jail after they pleaded guilty to a charge of mistreating a four-year-old girl who had been in their care. District Court judge Ho Chun-yiu handed...
Lam unveils new benefits for elderly after CSSA backlash

Chief Executive Carrie Lam Cheng Yuet-ngor rolled out a fresh package of welfare benefits for senior citizens who will be affected by the government’s decision to raise the age requirement for eligibility under the Comprehensive...
Dead pig found on beach tests negative for African swine flu

A pig found lying dead on a Cheung Chau beach has tested negative for swine flu, Hong Kong authorities said on Thursday, helping ease worries among the public about a possible spread of the...