EJ Insight

BUSINESS

Why passive investment may not work in HK stock market

Hao Chenglin - Jan 22, 2019 2:27pm

John Bogle, the founder of Vanguard Group and a major proponent of index investing, passed away last Wednesday in the United States at the age of 89. The passive investment approach he advocated has been extremely...
China gears up for 5G launch

SC Yeung - Jan 22, 2019 12:52pm

China is frenziedly preparing for the rollout of fifth-generation mobile technology even as several western nations appear to be ganging up on Huawei Technologies to exclude the Chinese telecommunications equipment giant from their own 5G plans...
Why HK’s stock and property markets didn’t fall further

Ko Tin-yau - Jan 22, 2019 9:14am

At an investment outlook summit held by the Hong Kong Economic Journal last weekend, most guest speakers agreed that Hong Kong may not suffer much this year despite bearish sentiment in both the property and equity markets. Alex...
WhatsApp restricts text forwards to curb rumors

Jan 22, 2019 9:12am

WhatsApp has begun to limit worldwide the number of times a user can forward a message to five as the popular messaging service looks to fight “misinformation and rumors”, Reuters reports. The limit of five is...
South Korea economy gets lift from government spending

Jan 22, 2019 9:11am

South Korea’s economy expanded at the fastest pace in three quarters in the last three months of 2018 as a jump in government spending juiced up construction and investment, though weak exports cast a cloud over...
Tesla’s Model 3 gets green light in Europe

Jan 22, 2019 8:18am

Tesla’s Model 3 has been given the green light to hit the road in Europe, clearing the final hurdle for the European introduction of the battery-powered sedan expected next month, Reuters reports. The Model 3 is...
Global economy losing steam, IMF warns at Davos

Jan 22, 2019 8:04am

The International Monetary Fund trimmed its global growth forecasts and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world’s biggest annual gathering of the rich and powerful, Reuters...
France fines Google US$57 million over privacy breach

Jan 22, 2019 7:31am

France’s data protection watchdog fined Alphabet’s Google 50 million euros (US$57 million) for breaching European Union online privacy rules, the biggest such penalty levied against a US tech giant, Reuters reports. The French regulator CNIL said...
Fears of a euro area recession overdone

Karsten Junius - Jan 21, 2019 5:15pm

The euro area has shown no signs of improvement in recent weeks. Industrial production fell by 3.3 percent year on year in November, its first decline since January 2017. The German economy only managed to expand...
Thai tycoon quits listed firms on regulator’s order

Jan 21, 2019 1:11pm

Thai tycoon Prasert Prasarttong-osoth resigned on Monday as chief executive of Bangkok Dusit Medical Services and Bangkok Airways after the securities regulator barred him from holding executive positions in listed Thai firms, citing share manipulation, Reuters...

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WORLD

South Korea to launch its biggest probe of sex abuse in sports

Jan 22, 2019 5:31pm

South Korea will hold its largest-ever investigation into sexual abuse in sports, its human rights watchdog said on Tuesday, after an Olympic speed skating star accused her former coach of abuse triggered a wave of similar...
Macau, Beijing police arrest 37 in crackdown on illicit banking

Jan 22, 2019 3:24pm

Police in Macau and mainland China detained 39 suspects in an underground lending case involving more than 30 billion yuan (US$4.42 billion) as China steps up measures to reduce economic risks and clamp down on illicit...
Experts work on gene-edited chickens to stop next flu pandemic

Jan 22, 2019 10:43am

British scientists are developing gene-edited chickens designed to be totally resistant to flu in a new approach to trying to stop the next deadly human pandemic, Reuters reports. The first of the transgenic chicks will be...
Macron’s great gamble

Jean Tirole - Jan 22, 2019 9:30am

In reaction to the ongoing “Yellow Vest” revolt in France, President Emmanuel Macron has decided to hold a “grand” nationwide debate. Over the coming months, locally organized workshops, internet-based consultations, and regional citizen conferences will assess...
Shenzhen university fires ‘gene-editing’ scientist

Jan 22, 2019 9:06am

Chinese authorities said a Chinese scientist who created what he said were the world’s first “gene-edited” babies evaded oversight and broke ethical boundaries in a quest for fame and fortune while his former university said he had...

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Hong Kong

As population ages, care homes face worsening staff shortage

With the “old-age tsunami” looming on the horizon, Secretary for Labour and Welfare Law Chi-kwong wrote on his blog on Sunday that the government would need to build at least 62 to 70 residential care...
The HA only has itself to blame for acute nurse shortage

With the winter flu season in full swing, doctors and nurses in government hospitals are having increased workloads as the public healthcare sector grapples with acute manpower shortage. Last Sunday, members of the Association...
No pork in the Year of Pig?

If you are one of those who are planning a pork-laden meal to welcome the Year of the Pig, you could be in for some disappointment. There are reports that fresh pork suppliers might...
Ex-cop convicted in Occupy-related case loses final appeal bid

A retired police superintendent who had been convicted and jailed for beating up a bystander during the 2014 Occupy pro-democracy protests has failed in his final bid to have his name cleared. On Monday,...
Hong Kong ranks worst in housing affordability survey

Hong Kong has the “least affordable” home prices in the world, not only ranking the worst for the ninth straight year but also setting a new record, according to an annual survey. The 15th...