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The liberalization of wealth-building

... would put two-thirds of the world’s middle class in the region. We’re also at the beginning of a significant transfer of wealth from the baby boomers to younger generations. The mindset of the future ...More

EJ Insight2020-03-10

Aon buys Willis for US$30 bln in world's largest insurance deal

... ents. The two firms also provide investment and employee benefits advice, and broker deals for reinsurers, who share part of insurers’ exposure to potential large losses like hurricanes, in return for ...More

EJ Insight2020-03-10

China has no new local Covid-19 cases outside Hubei for 3rd day

... remaining two due to shut on Tuesday. On Saturday, a small hotel used to quarantine people under observation in southern Fujian province collapsed, killing 18, while 12 had yet to be rescued. Of the 7 ...More

EJ Insight2020-03-10

Twitter CEO Dorsey keeps job in deal with Elliott

... he CEO of two publicly traded companies: Twitter and Square, a mobile payments company he co-founded. Each company, Elliott and other investors argued, deserves a full-time chief executive. Investors ...More

EJ Insight2020-03-10

Royal farewell: Harry and Meghan bow out from official roles

... less than two years after they married in a dazzling ceremony watched by millions. “Our hope was to continue serving the queen, the Commonwealth and my military associations without public funding. Sa ...More

EJ Insight2020-03-10

Wall Street 'fear gauge' signals more selling to come

...  the past two weeks. The current inversion – stretching all the way to seventh-month contracts expiring in September – suggests that investors see enduring risks ahead, said Matt Thompson, managing pa ...More

EJ Insight2020-03-10

Italy under lockdown as death toll soars

... ttle over two weeks, out of a global total of more than 113,000 in over 100 countries. Nearly 4,000 people have died across the world, the vast majority in mainland China. “Now that the virus has a fo ...More

EJ Insight2020-03-10

Chinese firm develops technology to recognize faces behind masks

...  It sells two main types of products that use the technology. One performs “single channel” recognition that is best used at, for example, entrances to office buildings. The other, more powerful produ ...More

EJ Insight2020-03-09

Cathay may fly passenger jets for cargo only after Japan curbs

... ers faced two weeks of quarantine on arrival. “Although we do expect our passenger belly cargo operations to be impacted, we are currently evaluating how to continue serving our cargo customers to and ...More

EJ Insight2020-03-09

17 arrested, explosives, devices seized in police raids

A total of 17 people were arrested on Sunday morning on suspicion of being linked to bomb threats over the past two months. Senior Superintendent Steve Li Kwai-wah of the Police Organized Crime and Tr ...More

EJ Insight2020-03-09

How BlockFi is growing its 'bitcoin lending' business

... the first two weeks since launching, according to the firm. “We’re now paying out over US$1.5 million per month in interest to our BIA users,” said Prince. However, skeptics have raised an alarm as th ...More

EJ Insight2020-03-09

HSBC: The heartbreak bank

...  the past two days. Industries are also coming back to life, and probably will recover soon to make up for the lost time. But for HSBC, the prospects remain bleak. The current low interest rate enviro ...More

EJ Insight2020-03-09

Huge turnout, some violence at Latin America Women's Day marches

... ade about two female reporters. Protesters also targeted violence against women in Brazil, where four women were killed a day in 2019, according to the Inter-American Commission on Human Rights. Many ...More

EJ Insight2020-03-09

What Covid-19 means for international cooperation

... d-spoke network in which all nodes are separated by very short distances and essential functions are centralized in large hubs. Financial activity is concentrated in the United States, for example, wh ...More

EJ Insight2020-03-09

Dilatory justice

... delivered two years after the conclusion of the evidence and legal argument. The old adage ‘Justice delayed is justice denied’ used to refer to the delay before getting a case heard but these days it ...More

EJ Insight2020-03-09

US coronavirus cases soar to 550 with 22 deaths

... uding the two passengers aboard the Grand Princess who tested positive two days earlier, the state Public Health Department. New York Governor Andrew Cuomo said the number of cases in New York was now ...More

EJ Insight2020-03-09

PIMCO warns worst yet to come for economy amid coronavirus

... ssion, or two consecutive quarters of negative growth, in the United States and the euro zone during the first half of 2020, Fels said. PIMCO anticipates a slow and mild U-shaped recovery in the latte ...More

EJ Insight2020-03-09

Oil plunges 30% after Saudi Arabia slashes prices

... of March, two sources told Reuters on Sunday. Saudi Arabia, Russia, and other major producers last battled for market share like this between 2014 and 2016 to try to squeeze out production from the U1 ...More

EJ Insight2020-03-09

Virus outbreak: HK civil society can save itself – and China too

...  country, two systems” – Hong Kong’s autonomy and institutional independence from the mainland are assets for China at large, as opposed to defects that must be limited. Carrie Lam's administration ha ...More

EJ Insight2020-03-09

Malaysia’s palace denies 'royal coup' in appointing new PM

... edings by two months amid opposition efforts, spearheaded by the 94-year-old Mahathir, to challenge his government with a confidence vote. Mahathir’s unexpected resignation as prime minister on Feb. 2 ...More

EJ Insight2020-03-09

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