Date
24 March 2019

BUSINESS

  • After grabbing the No. 1 spot in the Indian smartphone market, China’s Xiaomi Corp (01810.HK) has rolled out its mobile payment service, Mi Pay, in the world’s second most populous nation. Following a December launch in...
  • The Hang Seng Index has been on a strong rebound since the beginning of this year. The 250-day moving average has started to edge up after falling for nearly nine months. If the uptrend continues, the...
  • There were two high-profile bets among Chinese business tycoons in recent years. One was a 100 million yuan bet between Alibaba founder Jack Ma and Wang Jianlin, head of Dalian Wanda Group. By 2020, if online...
  •   President Donald Trump has postponed until at least April the supposed deadline for concluding the United States’ current trade negotiations with China. A good outcome for both sides would be reached if China agreed to...
  • Apple is expected to launch an ambitious entertainment and paid digital news service on Monday in a challenge to streaming video leader Netflix. But it is not likely to feature the New York Times, Reuters reports. Mark...
  • Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, Reuters...
  • Property magnate Lee Shau-kee, 91, is considering stepping down from his posts as chairman and managing director of Henderson Land Development (00012.HK) for “being advanced in age”, the company said in a filing to the Hong...
  • The American and Chinese trade delegations have been conducting intensive talks to try to reach a deal acceptable to both sides. Progress reports have been positive as US President Donald Trump recently postponed imposing a 25...
  • Xiaomi Corp has been struggling to get its act together in relation to supply of its newly-launched flagship Mi 9 smartphone. Unable to get enough devices onto the market, the firm was recently forced to backtrack...
  • Robert Kuok Hock Nien, an ethnic Chinese-Malaysian business magnate, controls nearly 10 listed companies including Kerry Properties (00683.HK), Kerry Logistics Network Ltd (00636.HK) and Shangri-La Asia Ltd (00069.HK). Lesser known is the fact that the tycoon...

WORLD

  • How many times have you heard officials insisting that Hong Kong should not get involved in other people’s affairs and its corollary, that other people should not meddle in Hong Kong affairs? So what are we...
  • An explosion at a pesticide plant in eastern China has killed 47 people and injured more than 600, according to reports. The blast occurred on Thursday at the Chenjiagang Industrial Park in the city of Yancheng,...
  •   Barring any sudden reversals, Italy will formally endorse China’s “Belt and Road Initiative” (BRI) during Chinese President Xi Jinping’s visit to Rome this week. Though US President Donald Trump’s administration recently signaled its disapproval of...
  • China urged the United States not to allow Taiwan President Tsai Ing-wen to stop over in Hawaii next week when she makes a tour of the island’s diplomatic allies in the Pacific, Reuters reports. Beijing has...
  • Britain could leave the European Union without a Brexit deal on April 12 if MPs fail next week to back Prime Minister Theresa May’s agreement with Brussels, EU leaders said on Thursday after a crisis summit...

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