Date
24 August 2016

BUSINESS

  • The new listing market appears to have regained it momentum as the overall stock market continues to strengthen, bolstered by events like the approval of Shenzhen-Hong Kong stock trading link. There were 23 new listings in...
  • Many iPhone users are probably aware that the smartphones they are using, though designed and marketed by Apple, are actually assembled by Foxconn. But few may have heard about a group of rising Chinese contract manufacturers...
  • Famed financial blogger Ben Carlson recently shared the results of his study on the volatility and performance of three key stock indices – S&P500, Russell 2000 (a benchmark for US small caps) and MSCI Emerging Markets Index....
  • Chinese photo app developer Meitu plans to raise up to US$1 billion in a listing on the Hong Kong exchange. The company is valued at over US$5 billion and is regarded as the biggest internet IPO...
  • China is opening up to more foreign investors to counter sliding confidence in the outlook for the world’s second-largest economy. It will continue to open its education, finance, culture and manufacturing sectors to foreign investors, Bloomberg...
  • The Philippines is unlikely to ban mineral-ore exports and force companies to process metals locally, a lawmaker said, amid reports that such a prohibition will soon be enacted into law. Senator Cynthia Villar, who heads the...
  • Shanghai Electric Power and China Southern Power Grid are among the frontrunners to acquire a US$1.5 billion controlling stake in Pakistani utility K-Electric, Reuters reported, citing sources familiar with the matter.  Apart from the Chinese state-backed firms,...
  • Lorraine Lam waits in line for two hours at a luxury Hong Kong mall to buy the same Nutella spread that grocery stores sell for much less. She does it for a friend, so she can...
  • Tesla Motors Inc. has unveiled the world’s fastest production car — a zero-60 mph scorcher in just 2.5 seconds. Chief executive Elon Musk said the company is offering a larger upgraded battery pack for performance versions...
  • Following news of approval of the Shenzhen-Hong Kong Stock Connect program, Hong Kong’s benchmark Hang Seng Index traded as high 23,193 points last week with market turnover soaring to nearly HK$90 billion. With pressure building up...

WORLD

  • The Olympic Games has always been capable of inspiring us. Now the excitement from the Rio de Janeiro games has died down, it would be good if we can look back and perhaps learn from lessons...
  • As China seeks to tighten its grip over Hong Kong, it seems nothing is safe when it comes to the city’s powers and decision-making rights. After chipping away at Hong Kong’s autonomy in areas such as...
  • Philippine officials believe they may have recovered the biggest natural giant clam pearl in the world. The pearl, weighing 34 kilograms, was found 10 years ago by a fisherman who was unaware of its value and kept...
  • The world’s population is getting bigger – and older. With the elderly increasingly close to outnumbering their younger counterparts – by 2050, there will be nearly three times more people aged 65 and above than people...
  • Sitting around is unproductive but being relentlessly sedentary is bad for your health, countless research have shown. So, does crossing your legs while sitting add to the problems? Naresh C. Rao, a doctor of osteopathic medicine...

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