Date
22 July 2017

BUSINESS

  • Eslite's business model transformed the traditional bookshop into a lifestyle emporium. Photo: Eslite

    The legacy of Eslite founder Robert Wu

    - Jul 21, 2017 10:55am
    Robert Wu Ching-yu, founder of Taiwan’s famed Elite Bookstore, died of heart failure on Tuesday night. Wu created a new business model for the struggling bookshop business and his company, once suffering from chronic losses, is...
  • The group said barring Apple from importing foreign-assembled iPhones that use Intel chips, as Qualcomm has asked, would cause "significant shocks to supply" for phones and would hurt consumers. Photo: AFP

    Tech group sides with Apple in Qualcomm’s iPhone ban dispute

    Jul 21, 2017 8:25am
    A group representing major technology companies has aligned itself against Qualcomm Inc. in its legal dispute with Apple Inc. by calling on regulators to reject Qualcomm’s bid to ban the import of iPhones, Reuters reports. A...
  • Consumer Watchdog said an analysis found that in 61 percent of products with reference prices, Amazon's reference prices were higher than it had sold the same product in the previous 90 days. Photo: AFP

    FTC probing allegations of Amazon’s deceptive discounting

    Jul 21, 2017 8:16am
    As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, Reuters reports, citing a source close to the...
  • Driehaus’ price momentum approach would work well in a market where outperformers keep outperforming. Photo: archinect.com

    Stock-picking: Spotting the stars with Driehaus strategy

    - Jul 20, 2017 3:57pm
    Given the recent market conditions which saw strong stocks become even stronger, the strategy of picking outperforming counters assumes ever greater importance. This week, we apply the Richard Driehaus approach in selecting the top-performing stocks. Richard...
  • Cargo logistics network has gained critical importance for many Chinese enterprises. Photo: GLP

    Logistics seen as new lifeblood of China economy

    - Jul 20, 2017 12:23pm
    Oil has been long considered the lifeblood of the global economy. Nations have tried their best to protect oil shipping routes. But oil dependence has started to fall thanks to nuclear energy and technological advances in new...
  • Shopping as a part of overall spending by Chinese travelers is likely to decline in the foreseeable future, according to consultancy Oliver Wyman. Photo: Xiechoutianya / Pixabay

    WeChat cashes in on China’s booming outbound travel

    Jul 20, 2017 10:13am
    Eyeing the Chinese outbound travel market, WeChat has been expanding its mobile payment services beyond the border. In 2016, Chinese tourists made 135 million overseas trips, spending a combined US$261 billion, according to data from the United...
  • Kaisun Energy suffered from the slump in commodity prices and losses from impairment of mining assets and supply chain management receivables. Photo: Kaisun

    HK must change mentality to seize Belt & Road opportunities

    - Jul 20, 2017 8:30am
    Hong Kong’s government, companies and people need to change their mentality if they are to seize the business opportunities offered by Beijing’s One Belt, One Road (B&R) initiative, said the chairman of a company which has...
  • The news product is likely to allow publishers to create a paywall on Facebook's Instant Articles and guide readers to a publisher's home page to opt for a digital subscription. Photo: AFP

    Facebook in talks with publishers on digital subscription

    Jul 20, 2017 8:26am
    Facebook Inc. is in early talks with several news publishers about how its social media site can better support subscription business models, Reuters reports, citing a statement from the company’s head of news partnerships, Campbell Brown....
  • Dalian Wanda chairman Wang Jianlin said the revised deal will significantly lower the company's debt. Photo: Bloomberg

    Wanda amends Sunac property deal amid China funding curbs

    Jul 20, 2017 8:13am
    Chinese commercial property conglomerate Dalian Wanda Group altered a deal with Sunac China (1918.HK) announced a week ago, after banks scrutinized their credit risk, by bringing in another developer Guangzhou R&F Properties (2777.HK). In a joint...
  • Neither the US Treasury nor the Chinese embassy offered explanations for why their news conferences scheduled for late afternoon were canceled. Photo: Reuters

    US, China conclude economic talks but outcome unclear

    Jul 20, 2017 8:01am
    Senior US and Chinese officials concluded contentious economic talks on Wednesday but the outcome was clouded by the cancellation of closing news conferences and US demands for a “more fair” trading relationship with Beijing. US Treasury...
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WORLD

  • Slowing down gives us time to reflect on ourselves and be of help to others. Photo: wehearthonda.com

    Slow down

    - Jul 21, 2017 5:31pm
    I’ve just spent the past week in the US and even though I lived here during my studies, I’m still shocked by the vast amounts of space, large food portions and the number of TV channels...
  • A video clip circulating on social media shows the restaurant engulfed in fire, with plumes of smoke rising into the air. Photo: Internet

    Two killed, 55 injured in Hangzhou restaurant explosion

    Jul 21, 2017 1:21pm
    Two people died and at least 55 injured after an explosion ripped through a noodle restaurant in Hangzhou city on Friday morning. The blast damaged the street-side eatery and shattered the windows of passing vehicles and...
  • After Liu Xiaobo died, international attention has shifted to the well-being and freedom of his widow, Liu Xia. Photo: Reuters

    Why can’t Beijing just go easy on Liu Xia?

    - Jul 21, 2017 11:03am
    Nobel Peace Prize laureate Liu Xiaobo has passed away, but his spirit and legacy continue to live on not only among the Chinese people but in the international community as well. The Economist ran a cover...
  • Ali Al-Mohannadi, Director of Technology Affairs Department at Qatar's Ministry of Interior, gestures during a news conference in Doha on Thursday. Photo: Reuters

    Qatar blames hackers in UAE for sparking crisis

    Jul 21, 2017 8:57am
    Hackers in the United Arab Emirates were behind a cyber-attack on Qatar’s state news agency in late May, Doha said on Thursday, laying blame for an episode that helped spark the Gulf’s worst diplomatic crisis in...
  • US Attorney General Jeff Sessions speaks at a news conference in Washington on Thursday to announce the shuttering of the dark web marketplace AlphaBay. Photo: Reuters

    US authorities shut down dark web bazaar AlphaBay

    Jul 21, 2017 8:24am
    The US Justice Department announced on Thursday that it had shut down the dark web marketplace AlphaBay, which has been accused of facilitating a global trade in drugs, firearms, computer hacking tools and other illicit goods....
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Living

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Hong Kong

  • The Complaints Against Police Office confirmed receiving a complaint against a police officer who made private contact with a female citizen, using personal information he gained while on duty. Photos: HK Police/Internet

    Complaint: Cop accosts woman, asks if she has boyfriend

    A man has filed a complaint against a police officer who used personal information gained while on duty to contact his girlfriend and ask her about private matters. The man said the policeman had...
  • Kan Kee Vegetarian Food at Bowrington Road Market and Cooked Food Centre attracts quite a lot of devoted diners, including celebrities. Photo: HKEJ

    Genuine veggie dishes from Kan Kee

    Looking at myself in the mirror, I couldn’t help but wonder if my current physique is the inevitable destiny of a middle-aged man or the result of accumulating years of experience as a food critic....
  • It is estimated that around a third of Hong Kong people receive unsolicited marketing calls on a daily basis. Authorities are accused of not doing enough to combat the nuisance. Photo: Bloomberg

    Why the government won’t act on junk calls

    How many junk calls do you receive each day? On good days I get just one but often a great many more. It is estimated that around a third of Hongkongers are bothered by...
  • Parents and teachers need to work together to take better care of SEN students. Simple issues like making sure the kids take their medicines on time require collaboration between the two sides. Photo: Xinhua

    Home-school collaboration for SEN students

    As I have noted in my previous article, schools can better support students with special educational needs (SEN) when apprised by parents of the capabilities and needs of their children. Practical arrangements for taking...
  • Hong Kong's public hospitals are operating well beyond their optimal capacity to cope with a spike in seasonal influenza. Photo: HKEJ

    Are you prepared for flu season?

    The summer flu crisis in Hong Kong is getting increasingly worse and is expected to peak in the next two weeks. Follow these simple tips to help protect your children from the flu, plus...
  • Parents believe that having more native English speakers will help improve their kids' English capabilities. But what if these teachers haven't received any training in teaching the language to non-native speakers? Photo: Internet

    Having more native English teachers better for schools?

    Quite a number of parents have asked me if a kindergarten would be a better school when it has many native-speaking English teachers (NETs). We should try to determine whether more necessarily means better....
  • The government plans to convert 500 hectares of land in Robin's Nest into a country park. Photo: Wan Sammy / Google Maps

    Environment task force to study housing plans near country parks

    The government will set up a task force comprising environmentalists to study the development of housing projects in the periphery of country parks, Secretary for the Environment Wong Kam-sing said. At the same time, Wong...
  • Commissioner of Police, Lo Wai-chung (seventh from left), officiates at the opening ceremony of the Tseung Kwan O Police District. Photo: HK Police

    Tseung Kwan O Police District gets a boost

    Police held an opening ceremony for the Tseung Kwan O Police District Friday to mark its upgrading to an independent police district. Commissioner of Police Lo Wai-chung, accompanied by Regional Commander of Kowloon East...
  • Kwok Cheuk-kin (above) is accusing the DAB's Elizabeth Quat and Wilson Or of having fake academic credentials. Photo: HKEJ

    Serial legal challenger seeks to oust DAB lawmakers

    An elderly Cheung Chau resident filed a judicial review application on Thursday to disqualify two pro-Beijing lawmakers due to their problematic academic credentials. Kwok Cheuk-kin, who has lived in Cheung Chau since 1996 after...
  • Rescue personnel pull the motionless body of Cheng from the water after a search operation at the Butterfly Beach on Thursday. Photo: Now TV

    Girl, 11, drowns while swimming off Tuen Mun beach

    An 11-year-old girl died from drowning after she went swimming at a beach in Hong Kong’s Tuen Mun area on Thursday. The tragedy happened after the girl, surnamed Cheng, went to the Butterfly Beach with...

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