Date
19 April 2015

BUSINESS

  • In many ways, the first phase of the “Happy at Hong Kong Super Jetso” has failed to live up to its name, and will probably do little to cheer up this city. This is simply because...
  • I attended a luncheon with the management of China Railway Group (00390.HK) the other day. One of the hot topics was how Beijing’s “One Belt, One Road” strategy would benefit the company. It’s widely expected that...
  • The recent article “Is Jetstar Hong Kong push worth it?” struck me as a little odd. Not only because the processing of the airline’s application has been dragging on for several years but because the author...
  • China will continue to loosen policies in the housing sector to support property demand, Moody’s said on Friday. Property sales nationwide this year will be similar to the levels seen in 2014 due to the various...
  • The United States will remain the world’s largest economy in 2023, when its gross domestic product is expected to grow to US$24.8 trillion from US$16.8 trillion this year, according to the latest forecast by the US Department of...
  • The conventional view in mainstream economics today is that governments have little capacity to spark innovation. The state should play as limited a role in the economy as possible, the thinking goes, intervening only in cases...
  • Investors are betting that Samsung Electronics is poised to recoup its title as the world’s top maker of smartphones. The company’s market value has risen by US$12 billion since March 1, when it unveiled a pair...
  • Hong Kong’s tourism and retailing industries are joining hands to boost sales with the largest discount program since business hit a trough in 2003 amid the SARS pandemic. During the promotion, “Happy@hongkong Super Jetso”, which runs for five...
  • BlackRock Inc, the world’s largest asset manager, is switching a portion of the A-shares in its China fund portfolio into H-shares in view of increased liquidity flows into Hong Kong from mainland China. The proportion of...
  • US solar panel maker SunPower Corp. said it would partner with consumer electronics giant Apple Inc. to build two solar power projects in Sichuan province, Reuters reported. The projects, when completed, will have a total capacity...

World

  • Veteran Chinese journalist Gao Yu was sentenced to seven years in jail on Friday on charges of leaking a Communist Party document detailing the leadership’s resolve to clamp down on civil society and press freedom, which...
  • Chinese President Xi Jinping US$46 billion worth of energy and infrastructure projects during his visit to Pakistan next week. A long-awaited plan to sell Pakistan eight Chinese submarines is also being finalized, Reuters reported Friday. The...
  • China has made rapid progress in building an airstrip suitable for military use in disputed South China Sea waters. Work is progressing on a runway on reclaimed part of Fiery Cross Reef in the Spratly archipelago,...
  • A “blue paper” issued by the former press chief of the State Council has hailed the role and contribution of China’s First Lady, Peng Liyuan, in the nation’s diplomacy efforts. The document compiled by Zhao Qizheng,...
  • Government ministers from Australia, China and Malaysia said Thursday they will double the search area for missing Malaysia Airlines Flight MH370 if wreckage is not found in the existing target area. No trace has been found of...
  • Migrants from Africa and the Middle East, who take the perilous journey across the Mediterranean in small, crowded boats to find a better life in Europe, are facing another danger: religious conflict. Italian police have arrested 15...
  • China is said to have ordered the closure of small plants in ten so-called dirty industries in a renewed bid to curb contamination of underground water sources. Industries ordered shut include fertilizer and coking plants, small...
  • Iraqi Prime Minister Haidar al-Abadi said he welcomes Iranian assistance in his country’s fight against Islamic State but indicated unease with the prominence of a top Iranian general, who has been widely seen in photos from Iraq’s battlefields....
  • President Vladimir Putin is accusing the United States of undermining Russia’s plans to mark the 70th anniversary of the end of World War II in Europe. Putin said Washington is putting pressure on some world leaders not...
  • Russia is accusing the United States of seeking political and military dominance and blaming the West for international security crises, including the conflict in east Ukraine. Russian Defence Minister Sergei Shoigu said Moscow was forced to react...

COMMENTARY

  • The recent article “Is Jetstar Hong Kong push worth it?” struck me as a little odd. Not only because the processing of the airline’s application has been dragging on for several years but because the author...
  • Two of the main themes of Hong Kong’s budget this year are “diversified development” and “augmenting competitiveness”. I don’t think there will be much opposition to this set of strategies. The problem is, however, whether the allocation...
  • The conventional view in mainstream economics today is that governments have little capacity to spark innovation. The state should play as limited a role in the economy as possible, the thinking goes, intervening only in cases...

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