Date
25 July 2016

BUSINESS

  • Is it possible to earn over HK$5 billion in three months by investing HK$1 million in stock futures? No way, you would say, as such fabulous return appears beyond the realm even for legendary punters such...
  • A growing number of Chinese investors are showing great interest in top European football teams. Chinese billionaires are looking at English Football League Championship clubs, finding little success in pursuing teams from the five major European leagues.  Wolves...
  • Hong Kong joined the global Pokemon Go frenzy with the launch of the Japanese mobile game Monday. The Hong Kong debut followed Friday’s release of the blockbuster app in Japan.  Niantic Labs, the game’s maker, announced the...
  • Chinese appliance maker Gree had earlier launched a top-end rice cooker in a bid to challenge high-priced Japanese imports. The company wanted to show mainland customers, who have been flocking to Japan to buy the latest...
  • Even during the Great Depression in the 1930s, construction machinery titan Caterpillar managed to grow its business. But its sales have been shrinking since hitting a record in 2012.  Last year its revenue decline accelerated to...
  • With a young population, an expanding middle class and one of Southeast Asia’s fastest-growing economies, Vietnam is luring retailers that are looking for new markets amid China’s slowing economy and declining business at home. “The Vietnamese economy...
  • Chinese fashion house Trendy International Group Co., owner of the Miss Sixty jeans brand in Asia, is planning a domestic initial public offering as soon as the end of next year, Bloomberg reports, citing unnamed sources....
  • Verizon Communications Inc. will announce an agreement on Monday to buy Yahoo Inc. for about US$5 billion. Reuters is reporting that the announcement will come before the start of New York trading hours. The deal will end...
  • Corporates are recommended to seek legal advice before setting up a big data system to help make human resource decisions as their actions may lead to labor disputes, DLA Piper Hong Kong said. A company can...
  • China’s ambitious “One Belt One Road” initiative should start from Southeast Asian nations in order to make big progress. Southeast Asian nations are more developed than other nations along the routes in terms of legal framework...

WORLD

  • A leisurely weekend ride turned into a tragedy after uncaged tigers attacked two women who had walked out of their car in a Beijing safari park, killing one and seriously wounding the other, the Hong Kong Economic...
  • Prime Minister Theresa May is expected to underline her commitment to consulting with Northern Ireland in talks over Britain’s exit from the European Union. May is traveling to Belfast to tell the Northern Irish first minister...
  • A former Wall Street investment banker faces trial in Manhattan for insider trading, the first since a US appeals court curtailed the ability federal prosecutors to pursue such cases. Sean Stewart, an ex-banker at Perella Weinberg Partners...
  • Southeast Asian nations failed to agree on maritime disputes in the South China Sea after Cambodia blocked any mention to an international court ruling against Beijing in their statement, Reuters reports, citing diplomats. Foreign ministers from...
  • The International Olympic Committee (IOC) has rejected calls for Russia to be banned from next month’s Rio Olympics over the nation’s doping record, ruling that decisions on individual competitors will be left to the international sports...

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