Date
20 August 2017

Industries

  • Peggy Choi, co-founder and CEO of LYNK, says communication and empathy are crucial in managing a startup team. Photo: Cyberport

    Startup tips: Know your staff and show them a career path

    Aug 18, 2017 6:35pm
    Talent recruitment is generally considered one of the biggest challenges confronting startups in Hong Kong. Peggy Choi, co-founder and chief executive of LYNK, which provides expert matching services, thinks otherwise, saying that staff management is a...
  • The unparalleled client base of Baidu, Alibaba and Tencent makes it hard for startups to survive and grow without support from these internet giants.  Image: 2Open

    Is BAT dominance crowding out startups?

    - Aug 18, 2017 5:29pm
    China’s three internet giants – Baidu, Alibaba and Tencent, or collectively known as BAT – has continued to dominate sectors such as online search, e-shopping, gaming and instant messaging. Consistently high revenue and profit growth has enabled...
  • Vishal Sikka has resigned as Infosys CEO after facing criticism from the company's founders over several key decisions. Photo: Reuters

    Infosys CEO quits, citing ‘drumbeat of distractions’

    Aug 18, 2017 4:03pm
    Vishal Sikka, the chief executive of Infosys Technologies, India’s second-largest software services firm, has resigned from his post, citing a stream of distractions and malicious personal attacks against him. “Over the last many months and quarters,...
  • Wong Lo Kat and Jiaduobao herbal tea use identical packaging, featuring red cans with gold lettering. Photo: yahoo

    China ruling on tea packaging row will worry foreign firms

    - Aug 18, 2017 11:53am
    China’s top court ruled on Wednesday that JDB (China) Drink Company and Guangzhou Baiyunshan Pharmaceutical Holdings (00874.HK) can continue to use similar packaging for their herbal tea beverage products. Both companies “had made contributions to promoting...
  • PetroChina has suffered another fire accident at its key oil refinery in Dalian. Photo: Bloomberg

    Fire rocks PetroChina refinery in Dalian

    Aug 18, 2017 8:57am
    A fire broke out on Thursday at a major PetroChina refinery in Dalian, the latest industrial accident to rock the northeastern Chinese port city. The inferno in the plant’s 1.4 million-tons-per-year residue catalytic cracker started around...
  • Rosneft has said it would be open to selling CEFC a stake in its retail business, which includes almost 3,000 filling stations, around 150 oil storage complexes and over 1,000 gasoline tankers. Photo: Reuters

    China’s CEFC said to be in talks to buy stake in Rosneft

    Aug 18, 2017 8:29am
    CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft, Reuters reports, citing three people with direct...
  • Having achieved a strong earnings recovery in recent years, Fiat Chrysler is in a strong position to negotiate with potential bidders. Photo: Bloomberg

    Acquiring Fiat Chrysler won’t be a cinch for Chinese carmakers

    - Aug 17, 2017 2:08pm
    Several Chinese automakers are reportedly interested in acquiring Italian-American company Fiat Chrysler. Great Wall Motor (02333.HK), Guangzhou Automobile Group (02238.HK) and Dongfeng Motor Group (00489.HK) are said to be some of the potential bidders. They are...
  • A specialist monitoring a 3D printing machine at 3D printing service company Fast Radius. Photo: UPS

    Simplify your manufacturing supply chain with 3D printing

    - Aug 17, 2017 1:18pm
    With its capability and widespread use, 3D printing has evolved from being a novelty to becoming an integral part of the manufacturing process. Whether you’re developing a prototype, or seeking to create an on-demand, customizable product, it’s...
  • Visual data can help marketers gain a deeper understanding of customers. Photo: Salesforce

    A picture is worth a thousand insights

    - Aug 17, 2017 8:48am
    Visual media such as images and video content are dominating social media. People are uploading 1.8 billion photos per day that display higher levels of engagement than written content. This is driven by mobile’s ease-of-use and...
  • China Unicom hopes bringing its ownership structure more in line with 'market-oriented principles' will unleash new vibrancy in the company. Photo: Reuters

    Tencent, Alibaba in group buying stake in China Unicom

    Aug 17, 2017 8:33am
    China’s internet titans are among the companies joining in a government-encouraged plan to pump US$11.7 billion into state-owned telecommunications giant China Unicom (Hong Kong) Ltd., the Wall Street Journal reports.  Beijing has said it wants government-owned...
  • Cathay Pacific blamed intense competition in the industry for its dismal performance. Photo: Bloomberg

    Cathay Pacific posts HK$2.05 billion interim loss

    Aug 16, 2017 7:06pm
    Cathay Pacific Airways on Wednesday posted a net loss of HK$2.05 billion for the first half of this year, compared with a net profit of HK$353 million in the same period in 2016. Group chairman John...
  • North Korea has threatened to attack the US territory of Guam, but has since backed off. Photo: Reuters

    Will Trump declare war on North Korea?

    - Aug 16, 2017 4:51pm
    US President Donald Trump has vowed to respond with “fire and fury” after North Korea threatened to attack the US territory of Guam. His comment sent Hong Kong shares tumbling nearly 1,000 points. The threat of...
  • Shenzhen-based DJI was the first to successfully turn drones into mass-market products. Photo: DJI

    Chinese drone maker DJI faces a sudden obstacle

    - Aug 16, 2017 1:04pm
    Chinese drone maker SZ DJI Technology Co. is the undisputable leader in the field, having captured 60 percent of the global market. The Shenzhen-based firm’s founder is Wang Tao, also known as Frank Wang. Born in...
  • US semiconductor-testing company Cohu Inc. says the sale of Xcerra Corp to a Chinese fund will give China access to valuable semiconductor technology. Photo: BBC

    US chip testing firm urges blocking sale of rival to China fund

    Aug 16, 2017 8:38am
    Citing national-security concerns, US semiconductor-testing company Cohu Inc. is mounting a quiet campaign to derail the planned US$580 million sale of American rival Xcerra Corp. to a Chinese state-backed group, the Wall Street Journal reports. Poway,...
  • Inflation and corporate borrowing rise during the late stages of a business cycle, levering up returns to shareholders — for a while. Photo: Reuters

    If Inflation is fizzling out, can profits be far behind?

    - Aug 15, 2017 3:54pm
    For decades, experts at the US Federal Reserve, academic economists and portfolio managers have been at war with inflation — the phenomenon of price increases without commensurate productivity gains. Investors and policymakers alike hate inflation because...
  • Open floor plans at Apple's new "spaceship" headquarters complex are said to be causing unhappiness among some staff. Photo: macworld.com

    Why Apple’s new campus has upset some employees

    - Aug 15, 2017 10:21am
    More than 12,000 Apple employees are moving into the company’s new US$5 billion headquarters complex in Cupertino, California. The six-year development, completed in April this year, was one of the final projects dreamed up by the...
  • JD.com is taking aim at China's high-end shoppers as part of its growth strategy. Photo: Bloomberg

    JD.com to open new luxury online retail platform

    Aug 15, 2017 8:40am
    Chinese e-commerce firm JD.com plans to open a luxury platform on its online retail site, competing with larger rival Alibaba Group for business from China’s high-end shoppers. CEO Richard Liu announced plans for the new platform...
  • Intensive games like King of Glory and easy-to-play games like Stupid Again 2 represent two very different business models in the mobile gaming sector. Photo: buybackworld.com

    How a low-profile game became the most popular free download app

    - Aug 14, 2017 10:50am
    Tencent’s share price has continued to set fresh record highs, thanks to its highly profitable mobile game King of Glory. However, its Stupid Again 2 has replaced King of Glory as the most popular free download in...
  • North Korean workers make everything from clothes to soccer balls in factories around the border city of Dandong. Photo: Reuters

    Chinese textile firms using North Korea factories

    Aug 14, 2017 8:30am
    Chinese textile firms are increasingly using North Korean factories to take advantage of cheaper labor across the border, Reuters reports, citing traders and businesses in the border city of Dandong. The clothes made in North Korea...
  • Wolf Warrior 2 is widely expected to set a new box office record of over 4 billion yuan. Photo:news.china

    How Wolf Warrior 2 triggered a rush to invest in movie plays

    - Aug 11, 2017 4:35pm
    Wolf Warrior 2 is definitely the story of the summer, after raking in more than 3.9 billion yuan for 15 days of release. That’s a record for Chinese pictures. The whopping revenue has boosted the performance...

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