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Breaking up is hard and costly to do

... e-bedroom units were built in 1976. Singer Leslie Cheung was once a resident and his unit was sold for HK$135 million. With the earning ability of Tse, an A-rated movie star and chief executive of his ...More

EJ Insight2014-10-07

Hong Kong system in doubt under ‘one country’ shadow

... istrative unit that enjoys a range of autonomous powers and rights, which are not given to people in the nation’s four municipalities -- Beijing, Shanghai, Tianjin and Chongqing. It might have been a ...More

EJ Insight2014-10-06

Hewlett-Packard plans to split into two companies: WSJ

... d printer unit reported US$55.9 billion in revenue, down 7.1 percent from the previous year amid fierce competition. Last year, H-P was surpassed by China's Lenovo Group as the top PC maker by shipmen ...More

EJ Insight2014-10-06

Alibaba in talks for HK version of Yu’E Bao money market fund

... financial unit is in talks with the Hong Kong Monetary Authority about securing authorisation to offer a local version of its Yu’E Bao money market fund, according to the Financial Times. The Yu'E Bao ...More

EJ Insight2014-09-29

HK professor tipped to win Nobel for inventing OLED

... ; Science unit, Thomson Reuters has been giving out predictions on the likely winners. Since 2002, the unit has accurately predicted 35 Nobel laureates, including nine who won in the year of the forec ...More

EJ Insight2014-09-26

Sanctions may force Rosneft to back out of Morgan Stanley deal

Rosneft, Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley's oil trading unit because Western sanctions make it virtually impossible for the company to finance daily op ...More

EJ Insight2014-09-25

Germany's Merck to pay US$17 billion for Sigma-Aldrich

... aceutical unit Merck Serono, whose sales have been dominated by just two prescription drugs -- Rebif for multiple sclerosis and Erbitux for cancer treatment, the report said. Rebif sales dropped 2.8 p ...More

EJ Insight2014-09-23

Mass layoffs at Shanghai Husi Food after meat scandal

OSI Group began mass layoffs Monday at the Shanghai unit that is under investigation for allegedly selling stale meat to fast-food chains such as McDonald's and KFC, the Wall Street Journal reported. ...More

EJ Insight2014-09-22

Citigroup shortlists buyers for Japan retail unit

... edit-card unit in Japan along with its retail bank, a source was quoted as saying. Citi was seeking a price of about 30 billion yen (US$275.6 million), though some bids came below that, the person sai ...More

EJ Insight2014-09-22

China fines GSK 3 bln yuan, jails former China head

... m's China unit were a "clear breach" of the company's governance and compliance procedures. "Reaching a conclusion in the investigation of our Chinese business is important, but this has been a deeply ...More

EJ Insight2014-09-19

Wuzhou in talks with Alibaba on logistics cooperation

... logistics unit Cainiao only covers a few big cities. "We can help them in Jiangsu province as well as in central and western China," he said. In early September, Wuzhou launched a mobile application f ...More

EJ Insight2014-09-19

Microsoft sheds 2,100 more jobs

... le device unit which it acquired for US$9.5 billion. In July, chief executive Satya Nadella unveiled plans to move Microsoft away from software to online services, apps and devices. Microsoft, which h ...More

EJ Insight2014-09-19

YATA: No Golden Week promotion, no simplified Chinese

... ed retail unit of Sun Hung Kai Properties (00016.HK) has seen its efforts pay off as it recorded strong sales growth in recent months, in contrast to the lackluster showing by several competitors amid ...More

EJ Insight2014-09-18

Confusion surrounds timing of Occupy Central protest

...  tactical unit is stepping up crowd control measures including the use of tear gas and rubber bullets in preparation for the protest, the report said. Officers have been told to cancel day-off and wor ...More

EJ Insight2014-09-16

Professionals seek pay cut to be eligible for HOS flats

Soaring home prices are making more Hongkongers eye government-subsidized apartments, with many families viewing the Home Ownership Scheme (HOS) units as their only chance to have an apartment in the ...More

EJ Insight2014-09-15

A different Greentown under Sunac’s Sun

... e average unit price to the level of nearby competing developments, buyers flocked to its sales centers as with almost the same amount of money, they were able to secure homes of higher quality. On to ...More

EJ Insight2014-09-15

Sinopec to sell nearly 30% of retail unit for US$17.5 bln

China Petroleum & Chemical Corp, or Sinopec, plans to sell nearly 30 percent stake in its retail unit to a group of 25 investors for about 107.1 billion yuan (US$17.5 billion), Wall Street Journal ...More

EJ Insight2014-09-15

HK fans prefer the bigger iPhone

... ne 6 Plus units were sold out soon after Hong Kong's Apple Store opened for the presale session at 3:30 p.m. (Yeah, 30 minutes late.) On the other hand, the 4.7-inch iPhone 6 units were still availabl ...More

EJ Insight2014-09-12

Noodles shop faces closure as developer seeks compulsory sale

... r if each unit made up 10 percent or more of the lot. The threshold to trigger such a move used to be 90 percent earlier. Lai Sun combined three flats on each of the first to fifth floors to come up w ...More

EJ Insight2014-09-11

Concern grows over senior citizen suicides

... y service unit at Hong Kong Council of Social Service (HKCSS), said there could be multiple reasons as to why old people commit suicides -- the lack of community support, children moving out, the pass ...More

EJ Insight2014-09-11

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