Date
24 April 2018

Business

  • Twelve partner companies and "incubatees" of Hong Kong Science and Technology Parks Corporation won 15 awards at the 46th International Exhibition of Inventions of Geneva. Photo: Internet

    HKSTP delegation bags 15 awards at top invention show

    - Apr 24, 2018 5:55pm
    A dozen partner companies and “incubatees” of Hong Kong Science and Technology Parks Corporation (HKSTP) brought home 15 awards from this year’s International Exhibition of Inventions of Geneva, the world’s most prestigious innovation show. The awards include...
  • With a total reach of 30 million to 50 million websites, Google tracks its users whether or not they are logged in. Photo: Bloomberg

    Google collects more data on users than Facebook does: report

    - Apr 24, 2018 3:30pm
    After Facebook’s Cambridge Analytica scandal, Alphabet-owned Google’s data practices may be under fire next. Writing in the Wall Street Journal, Christopher Mims explains how the search engine giant hoovers up user data through apps, web browsing,...
  • The new PBOC governor Yi Gang acknowledged that interest-rate differentials with the United States are in a "comfortable range". Photo: Reuters

    HK and China: Travelling in different directions

    - Apr 24, 2018 2:11pm
    North Asian equity markets face a stark choice: follow the Fed or follow China. The Fed is expected to hike rates at least three times in 2018 while the economy experiences fiscal easing. In contrast, China...
  • ZTE has no one to blame but itself for the US export ban that is now threatening to wreak havoc on its supply chain. Photo: Reuters

    ZTE owes its investors an apology

    - Apr 24, 2018 11:31am
    ZTE Corp. could be going through an existential crisis at the moment after the US Commerce Department barred American companies from selling technologies and components to the Shenzhen-based telecommunications equipment maker for seven years. The export...
  • Thanks to a cross-border stock link program, mainland investors have begun to embrace concepts such as value investment and fundamental analysis widely adopted by global investors. Photo: Reuters

    Why the A-H share gap may narrow further

    - Apr 24, 2018 10:17am
    The AH premium index, a gauge of price gaps in dual-listed shares, has been falling rapidly recently after hitting a high of 138.96 points in the beginning of this year. The index tumbled to a low...
  • The European Commission is concerned that  Apple's acquisition of  Shazam might give the iPhone maker an unfair advantage in poaching users from its rivals. Photo: Bloomberg

    EU opens competition probe into Apple’s bid for music app Shazam

    Apr 24, 2018 9:37am
    EU antitrust regulators have opened an investigation into Apple’s bid for British music discovery app Shazam, concerned the deal might give the iPhone maker an unfair advantage in poaching users from its rivals, Reuters reports. Apple...
  • The EU is said to have made a formal request to join the WTO consultations in relation to the US-China steel tariffs row. Photo: Bloomberg

    EU seeks to join US-China steel dispute at WTO

    Apr 24, 2018 9:36am
    The European Union asked on Monday to join a dispute brought by China to the World Trade Organization (WTO) over US import tariffs on steel and aluminum, Reuters reports. The Trump administration had set duties of...
  • Strong ad sales and good investments in startups helped Google's parent company post better-than-expected first-quarter results. Photo: Reuters

    Google parent delivers forecast-beating quarterly results

    Apr 24, 2018 9:26am
    Alphabet Inc, the corporate parent of Google, on Monday reported first-quarter sales and profit that topped analyst forecasts, thanks to strong ad sales and a change in accounting for investments in startups, Reuters reports. Net income...
  • Brazil fans celebrate after the team's 2014 World Cup semi-finals victory against Germany. The World Cup is a cash-cow for FIFA, which is under pressure to generate more consistent revenue flows. Photo: Reuters

    What exactly is the game world football is playing?

    - Apr 24, 2018 9:02am
    Recently, in the space of one week, two reports emerged about FIFA-related developments that could profoundly affect the future direction of world football. The first report concerned proposals for an extension of the Club World Cup,...
  • Page previews have been introduced in the English version of Wikipedia since last Tuesday, allowing users to aim the cursor over a blue link to read a preview of another page. Photo: Bloomberg

    Wikipedia adds page previews for faster comprehension

    Apr 23, 2018 6:17pm
    Wikipedia has added a new feature to save users’ time and facilitate a better of understanding of the subject being searched. Page previews have been introduced in the English version of Wikipedia since last Tuesday, Engadget reports,...
  • Shenzhen has developed an ecosystem that has substantially shortened the product development cycle for a much lower cost. Photo: Reuters

    Why rampant copying hasn’t stopped Shenzhen’s advance

    - Apr 23, 2018 10:22am
    Shenzhen is known as the capital of knockoffs. If a company wants to leverage on Shenzhen’s strong manufacturing ability, it has to be prepared for the very real possibility of its proprietary ideas being copied. That’s...
  • Vietnam reported an inflation-adjusted GDP growth of 7.4 percent in the latest quarter, outpacing China, and is on track to maintain a similar level of growth for the year. Photo: Bloomberg

    The ‘Next Eleven’ and the world economy

    - Apr 23, 2018 10:21am
    On a recent holiday in Vietnam, Cambodia, and Laos, I couldn’t resist thinking about these countries’ economic potential and ongoing policy challenges. After all, in 2005, my Goldman Sachs colleagues and I had listed Vietnam as...
  • A slide in values of bitcoin and other virtual currencies has dampened retail trading activity on major crypto exchanges. Photo: Reuters

    Crypto trading on exchanges halved from Dec peak: report

    Apr 23, 2018 9:32am
    Trading activity on cryptocurrency exchanges has halved from its December peak, Reuters reports, citing data compiled by crypto analysis website CryptoCompare. Average daily traded volumes across cryptocurrency exchanges fell to US$9.1 billion in March and to...
  • A component failure in a limited number of MacBook Pros has caused the built-in battery to expand. Photo: Bloomberg

    Apple offers battery replacement for some MacBooks

    Apr 23, 2018 9:20am
    A component failure in a limited number of MacBook Pros has caused the built-in battery to expand, Apple Inc. said. It has offer worldwide free replacement for such batteries worldwide, Reuters reported. The flaw, reported in some...
  • ZTE says it is in ‘active communications with relevant parties and seeking a solution to the US export denial order.’ Photo: Bloomberg

    ZTE seeks resolution of US export ban

    Apr 23, 2018 9:14am
    ZTE Corp said on Sunday that it is seeking a resolution to the ban imposed by the United States on sale of components and software to the company. ZTE “has learnt from its past experiences on export...
  • The seven-year export ban on ZTE Corp. will definitely affect the Chinese company's supply chain. Photo: Reuters

    China’s muted response to US export ban on ZTE

    - Apr 23, 2018 8:58am
    The United States has imposed a seven-year export ban on China’s ZTE Corp., which means American companies are prohibited from selling hardware and software to the Chinese telecom giant. The ban, which will last until 2025,...
  • Amazon is committed to large-scale investments in India to achieve its business goals in the country, says Amit Agarwal, the head of Amazon India. Photo: Reuters

    Amazon expects groceries to make up large part of India sales

    Apr 23, 2018 8:56am
    Amazon.com expects groceries and household products to account for more than half of its business in India in the next five years, a top executive said. Amit Agarwal, the India head of Amazon, told Reuters that...
  • Apple’s new recycling robot can disassemble up to 200 iPhone devices per hour. Photo: Apple

    Apple unveils its new iPhone recycling robot ‘Daisy’

    Apr 20, 2018 6:14pm
    Apple on Thursday introduced a new iPhone recycling robot, alongside several recycling initiatives. The tech giant launched a robot which can disassemble used iPhones with greater efficiency and sort the phone components for recycling. The recycling...
  • Facebook, as well as other tech giants such as Amazon and Google, are facing questions about their social impact and value – and they’re feeling pressure from governments and regulators. Photo: Bloomberg

    Why FANG firms are at a crossroads

    - Apr 20, 2018 4:14pm
    The tech stocks that fuelled the last bull market have seen their share prices plummet as an onslaught of bad headlines took its toll. More regulation and taxation are almost certainly on the horizon amid growing...
  • Household consumption as a share of GDP fell in 2017 after consistently rising for six years. Photo: Reuters

    Is China’s economy really rebalancing?

    - Apr 20, 2018 4:04pm
    Amid the media attention to a potential trade war, a new debate is emerging over whether China’s economy is finally rebalancing. Some commentators have proclaimed that the Chinese economy is rebalancing at last. We, however, would...

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