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Can PayPal challenge dominance of local players in China?

... tween the two countries, the PayPal deal shows that the private sector will not be intimidated by political pressure to pursue business growth wherever there are opportunities available. That said, Pa ...More

EJ Insight2019-10-03

Our city is dying and there's little we can do

... lity from two fundamentally unchangeable empirical realities – that Hong Kong is a part of China, and that there is a significant group of individuals in Hong Kong who find integration with China diff ...More

EJ Insight2019-10-03

Investors keep their faith in HK markets despite protests

... al one to two months in share prices, and mostly in retail, property and tourism,” he said. “[But] the index mostly reflects onshore Chinese market and economy. Hong Kong companies’ share is not that ...More

EJ Insight2019-10-03

Tesla Q3 deliveries fall short of market expectations

... es of the two high-priced models fell 1.4 percent to 17,400 from the second quarter and came in below analysts’ estimates of 18,829 vehicles. Tesla also delivered 79,600 Model 3 sedans in the third qu ...More

EJ Insight2019-10-03

Johnson's final Brexit offer draws guarded welcome from EU

British Prime Minister Boris Johnson made a final Brexit offer to the European Union, pitching a possible compromise for a last-minute exit deal that was cautiously welcomed by the EU, though the two ...More

EJ Insight2019-10-03

US unveils tariffs on planes, cheese, whiskies from EU

... part of a two-way dispute that diplomats and trade experts expect to lead to tit-for-tat European import tariffs against US goods next year over state subsidies for Boeing. The Trump administration as ...More

EJ Insight2019-10-03

Britain hurtles toward a No-Deal Brexit

... more than two-thirds of the plant’s output. Now, if there is a No Deal, Nissan will review its decision and may close the plant entirely. In May, Honda announced the closure of its auto plant at Swind ...More

EJ Insight2019-10-02

Students, alumni rally after police use live round on teen

... day, with two still in critical condition, after protesters fought pitched battles with the police in multiple locations. The Tsuen Wan secondary school’s principal, Tse Yun-ming, said on Wednesday th ...More

EJ Insight2019-10-02

How to rethink capitalism

...  the past two decades. Second, a balance obviously needs to be struck between public and private (profit-seeking) efforts. Appelbaum’s strongest argument is that leading economists denigrated public a ...More

EJ Insight2019-10-02

The next phase of China’s reform and opening up

Over the last four decades, China has integrated into global networks in trade, finance, data, and culture (encompassing social values, religion, and political beliefs). But, as the United States embr ...More

EJ Insight2019-10-02

A business that thrives even in these dark days

...  closed a two-year leasing deal for a three-storey, 11,600-square-foot prime property on Percival Street in Causeway Bay. The monthly rent of HK$480,000 is 60 percent more than fashion retailer Bauhau ...More

EJ Insight2019-10-02

Toward ethical standards for autonomous vehicles

... more than two million online responses from around the world. Although the companies that develop autonomous driving insist that AI is a more dependable driver than humans, and the number of road acci ...More

EJ Insight2019-10-02

J&J to pay US$20.4 million to settle opioid lawsuits

Johnson & Johnson said it will pay US$20.4 million to settle claims by two Ohio counties in a lawsuit that accused the drugmaker of contributing to a US opioid addiction epidemic, Reuters reports. ...More

EJ Insight2019-10-02

Fitch downgrades WeWork after aborted IPO leaves financing hole

Global credit rating agency Fitch Ratings downgraded WeWork’s credit rating by two notches to “CCC+”, putting the SoftBank-backed office-sharing firm deep into junk territory a day after it abandoned ...More

EJ Insight2019-10-02

UAW rejects new GM offer as strike forces 6,000 Mexico layoffs

The United Auto Workers union has rejected a new comprehensive offer from General Motors Co. to end a two-week-old strike, saying the automaker came up short on several fronts including wages, healthc ...More

EJ Insight2019-10-02

North Korea launches projectile after announcing US talks

...  appeared two missiles were launched within minutes of each other and that the second of them fell in waters within Japan’s Exclusive Economic Zone, or EEZ. That projectile fell at 7:27 a.m. local tim ...More

EJ Insight2019-10-02

Is it the fault of the robot?

...  champion two years ago, made AI famous all over the world. However, the board game has standard rules. It is a different story in the stock market where many factors, including human factors that hav ...More

EJ Insight2019-10-02

Visa, Mastercard reconsider backing Facebook's Libra: WSJ

... urrency’s two dozen backers, have been summoned to a meeting in Washington, D.C., on Thursday, the WSJ reported. Separately, Bloomberg reported that PayPal Holdings Inc. and Stripe Inc. are also undec ...More

EJ Insight2019-10-02

A Hongkonger's letter to Carrie Lam

...  country, two systems”. Yet such upholding – as we all know – is by no means easy. The deeply rooted antagonism of Hongkongers towards your administration casts an unmistakable shadow over the future ...More

EJ Insight2019-10-02

Zuckerberg says Warren as US president would be bad for tech

...  audio of two internal company meetings published by The Verge. “If [Warren] gets elected president, then I would bet that we will have a legal challenge and I would bet that we will win the legal cha ...More

EJ Insight2019-10-02

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