Date
22 March 2017

BUSINESS

  • China’s retail sales rose 9.5 percent in February from the year before, making it one of the few sectors that maintain nearly double-digit growth rate. Online shopping has reported more than 30 percent growth, indicating that...
  • If it was a joke, it was a bad joke. Financial reporters posed a tough question to K Wah chairman Lui Che-woo: “How big a flat should a family of three live in when new homes...
  • Meitu (01357.HK) experienced a roller coaster ride Monday, surging above 30 percent to more than HK$23 at a point before closing with an 11 percent loss at HK$15.98, or a 40 percent swing within an hour...
  • Senior Goldman Sachs Group Inc. and Morgan Stanley are preparing to shift staff and operations from London to elsewhere in the European Union as Prime Minister Theresa May sets up the UK’s exit from the bloc....
  • Apple Inc. introduced a revamped version of the most popular size of its iPad at the cheapest price yet, and a shiny red iPhone 7, whose sales will help to combat AIDS. Apple unveiled a new...
  • Led by a recovery in old-economy stocks, the benchmark Hang Seng index continues to gain ground. Nevertheless, we have also witnessed some sharp pullbacks in sectors that advanced notably previously such as Chinese property counters and...
  • China and the European Union curtailed meat imports from Brazil after police accused inspectors of taking bribes to allow sales of rotten and salmonella-tainted meats. As the scandal deepened, Brazil’s Agriculture Minister Blairo Maggi said the...
  • Over the past month or so, home prices in a number of major Chinese cities have surged 30 percent. The buying frenzy started right after the Lunar New Year holiday and is quickly spreading from Beijing...
  • Google has apologized for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer and HSBC pulled advertising for British markets from Google sites. The British government has...
  • Hong Kong has long been known as one of the world’s leading financial centers, able to attract some of the best global talent and multinational organizations. While its strengths are widely recognized, the city, however, cannot...

WORLD

  • Last week, Dutch voters dealt a blow to far-right populism in their country’s general election. With the Euroskeptic, anti-immigration Party for Freedom (PVV), led by Geert Wilders, having managed to secure substantially fewer seats than anticipated,...
  • Park Geun-hye’s impeachment as South Korea’s president and her fall from power probably marked not only the end of her political career but also the end of the political legacy of her father, Park Chung-hee. Almost 38...
  • A team of scientists seeking to restore Pluto to planethood launched a campaign on Tuesday to broaden the astronomical classifications which led to its demotion to a “dwarf planet” a decade ago. Six scientists from institutions...
  • Indonesia will continue to send domestic helpers overseas after saying it would stop sending maids abroad from this year on the grounds of protecting the women. The about-turn was welcomed by campaigners who said it would...
  • Despite US moves to broaden sanctions against it, North Korea will pursue “acceleration” of its nuclear and missile programs, a North Korean envoy told Reuters. This includes developing a “pre-emptive first strike capability” and an inter-continental ballistic...

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