Date
18 December 2017

BUSINESS

  • A growing number of Chinese state-owned enterprises (SOEs) have redrafted their by-laws to put Communist Party of China (CPC) organizations at the top of their corporate governance structures, according to news reports. Foreign investors and businesses...
  • CME kicks off bitcoin futures

    Dec 18, 2017 10:07am
    CME Group, the Chicago-based exchange company, launched bitcoin futures on Sunday, seeking to capitalize on the speculative fervor surrounding the virtual currency. The exchange kicked off trading of bitcoin futures at 6 pm US Eastern Time, with...
  • European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies.  The agreement is part of a broader set of...
  • Europe’s second-highest court has rejected a request from the US government to intervene in Apple’s challenge against an EU order to pay back taxes of up to 13 billion euros (US$15.27 billion) because it failed to...
  • Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros (US$5.64 billion), trumping an earlier bid by fellow French firm Atos to expand in the fast-growing digital security market, Reuters reports....
  • France will propose that the G20 group of major economies discuss regulation of the bitcoin virtual currency, the nation’s finance minister said on Sunday. “I am going to propose to the next G20 president, Argentina, that...
  • The festive season is upon us, and Santa Claus has stuffed our Christmas stockings with bulging goodies, that is, in the form of pension investment and stock portfolio returns. Mind you, the best ones are from...
  • Recently the US Senate passed a sweeping tax reform plan proposed by the Donald Trump administration, a move that could encourage capital worldwide to flow back to the United States. Given that, there is growing concern...
  • For years after the 2008 financial crisis, policymakers congratulated themselves for having averted a second Great Depression. They had responded to the global recession with the kind of Keynesian fiscal and monetary stimulus that the moment...
  • Andrew Ng, co-founder of some of Alphabet Inc.-owned Google’s most prominent artificial intelligence projects, launched a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor, Reuters reports. Consumers...

WORLD

  • Since last summer when the ex-gymnast Rachael Denhollander accused Larry Nassar, the former physician for the US women’s gymnastics team, of sexual assault, many other athletes have broken their silence about sexual abuse. After Nassar was...
  • I have just published my new book, Smart City 3.0, which illustrates how young people can seize the opportunity to create their own future. I was privileged to have two heavyweights in my field – geographic...
  • Since its introduction four decades ago, genetic engineering has been a source of high hopes for health, agriculture, and industry. But it has also provoked deep anxiety, not least owing to the laborious nature of the...
  • Although Zimbabwe is halfway across the world, many Hong Kong people are quite familiar with the African country, not least because the daughter of its former leader Robert Mugabe, who fell from power recently, used to...
  • It is no surprise that bureaucrats around the world often say one thing and do another. Still, one cannot help but gasp at the scale of hypocrisy that Cai Qi, the party boss of Beijing municipality,...

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