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Leighton to sell John Holland unit to Chinese firm

Leighton Holdings Ltd. has agreed to sell its John Holland building division to China Communications Construction Co. (CCCC) (01800.HK, 601800.CN) for about A$1.15 billion (US$950.9 million). The deal ...More

EJ Insight2014-12-12

Porsche 918 Spyder sold out with Americans as top buyers

... f the 918 units, while Chinese and German buyers had about 100 each, Bloomberg News reported, citing a statement from the Stuttgart-based unit of Volkswagen. Porsche chief executive Matthias Mueller p ...More

EJ Insight2014-12-11

Instagram tops 300 mln monthly users, overtakes Twitter

...  with the United States, China and Britain accounting for nearly 70 per cent of the market. Mark Zuckerberg, Facebook’s founder and chief executive, has said none of the company’s collection of apps n ...More

EJ Insight2014-12-11

Two-bedroom Tai Koo Shing flat sells for record HK$10 mln

... Koo Shing unit can borrow 50 percent of the purchase price from a bank and pay back the loan over 25 years at HK$22,430 a month, they said. -- Contact us at [email protected] TL/AC/RA ...More

EJ Insight2014-12-09

Mobile payment driving Alipay deals

Alipay, the third-party payment unit of Alibaba Group Holding Ltd., gets more than half of its business from mobile transactions. It has more than 300 million users, of whom 54 percent use a mobile de ...More

EJ Insight2014-12-09

YouTube offering bonuses to keep video stars

... ogle Inc. unit in recent months, the Wall Street Journal reported. Google is offering some of the top creators bonuses to sign multiyear deals in which they agree to post content exclusively on YouTub ...More

EJ Insight2014-12-08

Dalian Wanda property unit eyes US$3.8 bln in Hong Kong listing

Dalian Wanda expects to raise up to US$3.8 billion in a Hong Kong listing of its property unit. The company plans to sell 600 million shares at HK$41.80 (US$5.39) to HK$49.60 each, according to the Wa ...More

EJ Insight2014-12-08

Japanese, Thai giants eye stake in CITIC

... 43.HK), a unit of CP Group. The three companies are all planning to expand across Asia, and an investment pact would help cement their relationship as partners rather than as competitors, the report s ...More

EJ Insight2014-12-05

Brand Beckham ramps up global push

... anagement unit of Li & Fung Ltd. (00494.HK), to sell lifestyle products under his label, the Hong Kong Economic Journal reported Thursday. The joint venture plans to collaborate with other celebri ...More

EJ Insight2014-12-04

Hong Kong people and the three little pigs

... c housing unit in Singapore. But if you are living in Hong Kong, that would only buy you a couple of parking lots. Even if you have, say, HK$4 million, that wouldn't go too far. As of September 2014, ...More

EJ Insight2014-12-03

HSBC unit cancels bitcoin account

Hongkong and Shanghai Banking Corp., a unit of HSBC Holdings Plc. (00005.HK), has decided to cancel a bitcoin account over money laundering concerns, the Hong Kong Economic Journal reported Wednesday. ...More

EJ Insight2014-12-03

China Life unit targets Southeast Asia markets

China Life Insurance (Overseas) Co. Ltd., a wholly-owned unit of China's largest life insurer, is planning to enter the Southeast Asia markets, with the first target being a foothold in Singapore. "In ...More

EJ Insight2014-12-02

HSBC, Goldman accused of rigging metal prices for years

...  a metals unit of BASF SE, the world’s largest chemical company, were also sued, Bloomberg News reported, citing the complaint. The four companies used insider information about client purchases and s ...More

EJ Insight2014-11-27

Young couples need to save for 14 years to afford a flat

... can buy a unit of about 600 square feet that costs at least HK$4 million (US$516,000). In its recommendations, Bauhinia urged the government to help boost young people's career opportunities by cancel ...More

EJ Insight2014-11-26

US prosecutors probing possible HSBC leak to hedge fund

... insurance unit of American International Group Inc., the sources said. A senior HSBC trader allegedly tipped off a trader at the New York-based hedge fund Moore Capital Management LLC about the impend ...More

EJ Insight2014-11-26

Top Malaysia fund piling cash as bull market loses steam

... cross its unit trusts, a historically “high” level, chief investment officer Chen Fan Fai told the news agency. Analysts predict profit growth at companies in the FTSE Bursa Malaysia KLCI Index (FBMKL ...More

EJ Insight2014-11-25

Liberal studies helps students understand real HK

... nt in community affairs. This shows the government is afraid of young people being involved in activities related to society as a whole and want them instead to be taught to be obedient and avoid crit ...More

EJ Insight2014-11-25

What's the fuss about a Chinese conference table?

... r manager unit with an eight-channel power output independent socket to reduce and restrain surge impact, and a separate equipment cabinet to house the electronic equipment Farahi said the table would ...More

EJ Insight2014-11-25

Singapore still best place to do business: Survey

Singapore remains the best place in the world to do business, for a seventh year in a row, a survey of 82 countries by the Economist Intelligence Unit has found. The EIU gave the top spot to Singapore ...More

EJ Insight2014-11-21

US panel backs tougher trade powers on cyberspying

Congress should consider options to punish cyberspying and theft of trade secrets from United States companies, according to a bipartisan panel. US trade officials should tell lawmakers whether they h ...More

EJ Insight2014-11-21

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