Date
22 July 2017

BUSINESS

  • Robert Wu Ching-yu, founder of Taiwan’s famed Elite Bookstore, died of heart failure on Tuesday night. Wu created a new business model for the struggling bookshop business and his company, once suffering from chronic losses, is...
  • A group representing major technology companies has aligned itself against Qualcomm Inc. in its legal dispute with Apple Inc. by calling on regulators to reject Qualcomm’s bid to ban the import of iPhones, Reuters reports. A...
  • As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, Reuters reports, citing a source close to the...
  • Given the recent market conditions which saw strong stocks become even stronger, the strategy of picking outperforming counters assumes ever greater importance. This week, we apply the Richard Driehaus approach in selecting the top-performing stocks. Richard...
  • Oil has been long considered the lifeblood of the global economy. Nations have tried their best to protect oil shipping routes. But oil dependence has started to fall thanks to nuclear energy and technological advances in new...
  • Eyeing the Chinese outbound travel market, WeChat has been expanding its mobile payment services beyond the border. In 2016, Chinese tourists made 135 million overseas trips, spending a combined US$261 billion, according to data from the United...
  • Hong Kong’s government, companies and people need to change their mentality if they are to seize the business opportunities offered by Beijing’s One Belt, One Road (B&R) initiative, said the chairman of a company which has...
  • Facebook Inc. is in early talks with several news publishers about how its social media site can better support subscription business models, Reuters reports, citing a statement from the company’s head of news partnerships, Campbell Brown....
  • Chinese commercial property conglomerate Dalian Wanda Group altered a deal with Sunac China (1918.HK) announced a week ago, after banks scrutinized their credit risk, by bringing in another developer Guangzhou R&F Properties (2777.HK). In a joint...
  • Senior US and Chinese officials concluded contentious economic talks on Wednesday but the outcome was clouded by the cancellation of closing news conferences and US demands for a “more fair” trading relationship with Beijing. US Treasury...

WORLD

  • Slow down

    - Jul 21, 2017 5:31pm
    I’ve just spent the past week in the US and even though I lived here during my studies, I’m still shocked by the vast amounts of space, large food portions and the number of TV channels...
  • Two people died and at least 55 injured after an explosion ripped through a noodle restaurant in Hangzhou city on Friday morning. The blast damaged the street-side eatery and shattered the windows of passing vehicles and...
  • Nobel Peace Prize laureate Liu Xiaobo has passed away, but his spirit and legacy continue to live on not only among the Chinese people but in the international community as well. The Economist ran a cover...
  • Hackers in the United Arab Emirates were behind a cyber-attack on Qatar’s state news agency in late May, Doha said on Thursday, laying blame for an episode that helped spark the Gulf’s worst diplomatic crisis in...
  • The US Justice Department announced on Thursday that it had shut down the dark web marketplace AlphaBay, which has been accused of facilitating a global trade in drugs, firearms, computer hacking tools and other illicit goods....

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