EJ Insight

BUSINESS

Technology helps replicate in-store customer experience online

Raymond Tsoi - Nov 14, 2018 4:51pm

As an increasing number of consumers prefer to seek product information on the internet and do their shopping online, being able to deliver a good digital customer experience has become a key to business success. Meanwhile,...
Bank of East Asia sees fintech as way forward in next 100 years

HKEJ - Nov 14, 2018 3:04pm

The Bank of East Asia (BEA), which is celebrating its 100th anniversary this year, has been a mainstay of the Hong Kong banking industry. Its development in the next 100 years will depend on financial technology...
Apple gets some good news from China

SC Yeung - Nov 14, 2018 1:22pm

After a spate of negative reports recently, featuring topics such as rumored cuts in iPhone orders and fading luster in the Indian market, there is finally some good news for Apple. In China, Apple’s second largest...
Juul Labs to pull sweet e-cigarette flavors to curb youth use

Nov 14, 2018 10:49am

Juul Labs Inc., the US market leader for electronic cigarettes, said it will pull out popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of...
Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: Mahathir

Nov 14, 2018 10:09am

Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc. “cheated” the country in dealings with state fund 1MDB and that US authorities have promised to help return the fees the Wall Street bank...
Snap subpoenaed by US authorities over IPO disclosures

Nov 14, 2018 10:06am

The US Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc. for information about its March 2017 initial public offering, the social media app maker told Reuters. Snap said in a statement it has...
Japan economy contracts amid decline in exports

Nov 14, 2018 9:36am

Japan’s economy contracted more than expected in the third quarter, hit by natural disasters and a decline in exports, Reuters reports. The 1.2 percent annualized contraction in July-September was more than the median estimate for a...
Amazon picks NYC, Washington DC area for new offices

Nov 14, 2018 9:28am

Amazon announced on Tuesday that it will build new offices in New York City and in an area just outside Washington, D.C., splitting its second headquarters, or HQ2, between the two locations. Branching out from its...
Johnson Controls sells power business for US$13.2 billion

Nov 14, 2018 9:20am

Johnson Controls International Plc said it will sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners LP, in a cash deal valued at US$13.2 billion. Shares of Johnson Controls were...
WeWork gets US$3 billion in new funding from SoftBank

Nov 14, 2018 9:02am

US shared office space provider WeWork Cos has secured an additional US$3 billion in funding from Japan’s SoftBank Group Corp., according to an investor presentation seen by Reuters. The latest funding was in the form of a...

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WORLD

Banning civilian think-tanks won’t do Beijing any good

Chung Man - Nov 14, 2018 6:07pm

This year marks the 40th anniversary of the start of China’s economic reforms. Compared to 10 years ago, it is beyond dispute that both the international status of China and the average incomes of mainlanders have...
Pence decries violence against Rohingya in meeting with Suu Kyi

Nov 14, 2018 3:47pm

US Vice President Mike Pence criticized Myanmar’s military for the persecution of Rohingya Muslims in a meeting with the country’s leader Aung San Suu Kyi on Wednesday, and said he was keen to hear that those...
Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: Mahathir

Nov 14, 2018 10:09am

Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc. “cheated” the country in dealings with state fund 1MDB and that US authorities have promised to help return the fees the Wall Street bank...
Britain, EU reach draft agreement on Brexit

Nov 14, 2018 8:19am

Britain struck a draft divorce deal with the European Union after more than a year of talks, Reuters reports. Prime Minister Theresa May, hemmed in by opponents in government and her own Conservative party, must now try...
US in China trade talks again, demands ‘change of posture’

Nov 14, 2018 7:28am

US President Donald Trump’s top economic adviser said the United States welcomed the resumption of talks with China on trade, while Vice President Mike Pence warned Beijing to change its behavior so as to avoid a...

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Hong Kong

Regulation, not ban, the right response to home-sharing

The Hong Kong government will soon hold the third reading of the Hotel and Guest House Accommodation (Amendment) Bill. The bill introduces three major changes. First, all premises have to obtain an official license...
Maid who killed toddler sentenced to mental hospital

A 24-year-old domestic helper who had pleaded guilty to killing a child under her care was on Tuesday ordered to a mental hospital by a Hong Kong court, with a judge saying that he...
Student, 12, dies after collapsing during PE class

A 12-year-old student died after collapsing while jogging during a physical education (PE) class at Queen’s College in Causeway Bay. The Secondary 1 student was found lying unconscious on the ground during his PE class...
Cathay says too early to talk about compensation for data breach

Cathay Pacific Airways (00293.HK) said on Wednesday it is working with 27 regulators in 15 jurisdictions to investigate a data breach that affected millions of passengers, as Hong Kong lawmakers grilled executives over how...
Regulation can help crypto business development

In recent years, we have seen many traditional media outlets branching out into or migrating to online platforms. However, the players have mostly found that it’s difficult to turn online traffic into income, such...