Date
7 December 2016

BUSINESS

  • Italy’s Prime Minister Matteo Renzi is preparing to resign after voters dismissed his plans for constitutional reform. If Italy’s anti-establishment Five Star Movement wins the next general election, it will almost for certain call for a...
  • Public opinion is divided over the harsh comments made late last week by China’s top securities regulator on professionals involved in the asset management industry. During a speech at a meeting of the Asset Management Association...
  • Japan’s lower house of parliament on Tuesday passed a bill to legalize casino gambling, a long-awaited move that will open up a market worth tens of billions of dollars a year. The controversial bill, which will...
  • Chinese firms are holding off investments in the United States and other overseas markets as they try to figure out the ramifications of a Donald Trump presidency and possible government curbs on overseas acquisitions, according to Fred...
  • SoftBank Group Corp. chief executive Masayoshi Son said he will invest US$50 billion in the United States and create 50,000 new jobs. Son, who controls Sprint Corp., announced his investment plans after a 45-minute meeting with President-elect...
  • Microsoft has won approval from the European Union for its US$26 billion bid for professional social network LinkedIn, its largest ever acquisition. The US giant clinched the deal after agreeing to a number of modest concessions,...
  • Italy’s Prime Minister Matteo Renzi said he is preparing to resign after voters dismissed his plans for constitutional reform. While European equity markets have reacted calmly to the referendum result, political uncertainties will continue to cloud...
  • Christmas has come early for tycoon Joseph Lau Luen-hung’s fiancée and his eldest son. According to an announcement from Chinese Estates Holdings, Joseph Lau’s 35-year-old son, Lau Ming-wai, will get some Lo Wu Commercial Tower units worth...
  • China Securities Regulatory Commission chairman Liu Shiyu delivered a strongly worded speech during a meeting of the Asset Management Association of China. He lashed out at asset managers who are acting like“barbarians at the gate”, using...
  • Investors gave a muted response to Monday’s launch of the much-awaited Shenzhen-Hong Kong Connect stock trading link. Chinese investors poured 850 million yuan (US$123.4 million), representing only 8 percent of the daily quota, into Hong Kong...

WORLD

  • Hong Kong lives cheek by jowl with a ruthless one-party autocracy, despite which it enjoys a remarkable degree of free thought and speech. Lately, however, its freedoms are beginning to feel like a soap bubble perched...
  • Sometimes, it is better to be a massage therapist or personal trainer than a management trainee. Consider the latest city service sector salary survey by mainland recruitment website 58.com, which listed massage therapist as the highest-paid professional...
  • Following the surprising outcomes of the Brexit referendum and the US presidential election, there are fears that we could witness another possible stunning upset — this time from the upcoming French presidential election. There is anxiety...
  • China is calling on Washington not to let Taiwanese President Tsai Ing-wen pass through the United States en route to Guatemala next month. The move comes just days after President-elect Donald Trump irked Beijing by speaking...
  • Heavy security at subway stations in Los Angeles greeted commuters on Tuesday as federal and local authorities investigated a specific but uncorroborated threat to detonate a bomb at the Metro Red Line’s Universal City station, Reuters...

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