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Tycoon Palmer says China wants to take over Australia resources

... labeled a unit of China’s state-owned Citic Pacific Ltd. (00267.HK), his partner in the world’s biggest magnetite iron ore mine in Western Australia, as “mongrels”. Abbott’s government assailed Palmer ...More

EJ Insight2014-08-20

OCBC sees Wing Hang Bank synergy for China expansion

... tern is a unit of OCBC while Wing Hang Bank holds 33 percent of Hong Kong Life, as shown in the lender's annual report. --Contact us at [email protected] AM/JP/JL ...More

EJ Insight2014-08-18

Young HK woman found unconscious at yacht club party

... sive care unit consistent with a patient who had suffered heart failure, the report said. Tai went with some friends to the party, organized by the Australian Rugby Club, in which food and alcohol wer ...More

EJ Insight2014-08-18

Drug cocktail 'most dangerous therapy' for losing weight

... sive care unit after experiencing spasms. The sodium level in her blood was found to be too low. In another case, a 23-year-old woman experienced depression and attempted suicide. She has been put und ...More

EJ Insight2014-08-15

Ebay eyes bitcoin for payment unit

PayPal, the international online payment service owned by Ebay, is in talks with Coinbase Inc. and other bitcoin transaction providers to integrate the virtual currency into its Braintree payment syst ...More

EJ Insight2014-08-15

Electrolux targets GE appliance business

... appliance unit as chief executive Jeffrey Immelt seeks to allocate resources to higher-growth businesses. The unit is almost exclusively focused on the US market and lacks a global scale and could be ...More

EJ Insight2014-08-15

Manila port snarl-up reveals costs of creaking infrastructure

... ilippines unit at Maersk, the shipping unit of Denmark’s AP Moeller-Maersk and which accounts for 15 per cent of all seaborne trade. Traffic involving trucks carrying container loads of goods for expo ...More

EJ Insight2014-08-14

Sinopec, Tencent hold talks on possible tie-up

... c’s sales unit and expressed resolve to introduce social capital into the operations, while Liu inquired details on possible cooperation, an unnamed source was quoted as saying. Sinopec announced in F ...More

EJ Insight2014-08-13

Audi faces 1.8 bln yuan antirust fine

Audi A.G., a unit of German auto giant Volkswagen A.G., could be fined 1.8 billion yuan (US$292.7 million) for breach of China’s anti-monopoly law, Beijing Times reported Wednesday. The penalty is equ ...More

EJ Insight2014-08-13

Alibaba sells loan unit to Alipay parent

In a restructuring ahead of its expected initial public offering, Alibaba Group Holding Ltd. is selling its small-business lending entity to the company that controls payments affiliate Alipay, the Fi ...More

EJ Insight2014-08-13

Russia said to be studying Harbin nuclear plant proposal

... a Rosatom unit inked a memorandum of understanding with a China National Nuclear Corp. subsidiary for building a floating nuclear power plant. The next step in the implementation of the project will b ...More

EJ Insight2014-08-12

Why Guo Meimei is being nailed to the Red Cross

... ommercial unit of the Red Cross Society of China (RCSC). Her posts generated a lot of controversy as netizens conjectured the source of her obscene fortune could only be the public donations to the ch ...More

EJ Insight2014-08-12

How your iPhone is being hijacked by spammers

... s up, the unit price drops to 3 fen per message. It takes about 270,000 yuan to set up the operation, according to a network engineer. All it needs are 500 units of second-hand iPod Touch which costs ...More

EJ Insight2014-08-12

'Hunger marketing' can only take Xiaomi so far

...  shipment units, beating foreign brands such as Samsung, Apple, LG and HTC as well as homegrown rivals such ZTE and Huawei. Its business model has been clear: using low prices and limited shipments to ...More

EJ Insight2014-08-11

Crosby Capital touts HMV's loyal client base

HMV Ideal Ltd. (HMVideal), a unit of Crosby Capital (8088.HK), remains bullish about HMV's financial performance, saying the music and video retailer has a 100,000-strong Hong Kong client base willing ...More

EJ Insight2014-08-11

Audi, agents face hefty China antitrust fine

Audi A.G., a unit of German auto giant Volkswagen A.G., may be fined hundreds of millions of yuan for breach of China’s anti-monopoly law, 21st Century Business Herald reported Friday, citing unnamed ...More

EJ Insight2014-08-08

More crop for the drop

The United Nations has called drought the "world's costliest natural disaster," both financially, imposing an annual cost of US$6-8 billion, and in human terms. Since 1900, drought has affected two bi ...More

EJ Insight2014-08-08

New goal of China’s top football club investor Xu

... a special unit for the new business. Xu’s interest in the dairy business may be sparked by his buddy, Alibaba’s Jack Ma. Last June, Capital Management, a private-equity fund co-founded by Ma, invested ...More

EJ Insight2014-08-07

SHKP-Norman Chan Index puts HK top earners to affordability test

... The Peak. Unit 1 at 12 Mount Kellett Road, with a saleable area of 4,661 square feet, has a world record price tag of HK$819 million (US$105 million). But developer Sun Hung Kai Properties (SHKP) is t ...More

EJ Insight2014-08-07

Russian gas: What it will bring to China

... e average unit price for China to buy the gas may only be US$9.5-10 per cubic feet, lower than the average US$11.3 per cubic feet that Europe pays for Russian gas. The brokerage points out in a report ...More

EJ Insight2014-08-07

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