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Gap to close 175 stores, cut jobs at headquarters

...  to close 175 of the 675 specialty stores under the Gap label over the next few years, resulting in annual sales losses of about US$300 million. The company also said it expects to incur one-time cost ...More

EJ Insight2015-06-16

Nigeria central bankers charged in US$40 mln currency scam

... th out of 175 countries in Transparency International’s 2014 Corruption Perceptions Index, in joint place with Russia and Iran, the report said. -- Contact us at [email protected] CG ...More

EJ Insight2015-06-02

China-backed AIIB unstoppable despite US attempts to foil it

... tal of US$175 billion. China is believed to be prepared to put up US$50 billion on its own. The original group did not include any US allies. Australia, which had been expected to join, was lobbied in ...More

EJ Insight2015-03-17

Valeant dangles US$10.96 bln cash to win Salix bid

...  about US$175 per share in cash and stock. As of Friday's close, Endo's offer was worth US$172.56 per share. -- Contact us at [email protected] CG/RA ...More

EJ Insight2015-03-17

Picasso electrician accused of stealing US$75 mln art trove

... wife took 175 pieces in a suitcase to the Picasso Administration headquarters in Paris and showed them to Claude Picasso – the artist’s son, who administers his estate – and asked to have the works au ...More

EJ Insight2015-02-12

Grant Thornton: PE deals in Asia Pacific set for buoyant growth

... thirds of 175 senior industry practitioners around the globe covered by the survey expect exit activity to increase, driven by higher valuations, initial public offerings and a positive macro-economic ...More

EJ Insight2015-01-27

StanChart provisions US$175 mln for suspected Qingdao fraud

Standard Chartered Plc has taken a US$175 million provision to cover its exposure to suspected commodities fraud in China, Reuters reported Wednesday. "We believe that in the provisioning we have take ...More

EJ Insight2014-08-07

Microsoft to sever 14% of its workforce

... ld be the 175-strong Xbox Entertainment Studios unit, which will start to wind down efforts to create original content. But it will continue to work on its highest-profile project, a filmed version of ...More

EJ Insight2014-07-18

China graft probe uncovers taste for French vineyards

... , up from 175 cases in its previous report. -- Contact us at [email protected] CG ...More

EJ Insight2014-06-26

Why China Travel won't miss its detained chairman

... ion of HK$175 million. We also found the company under Wang had almost made no acquisition, save for a recent proposal to sell its loss-making online portal Mangocity to parent CTS (Holdings) that is ...More

EJ Insight2014-05-19

Chinese developers expand abroad and drive wealth migration

... rovide US$175 million and its partner Tishman Speyer US$75 million, with the rest coming from debt financing. Vanke holds 70 percent of the joint venture. While Chinese will not be the exclusive targe ...More

EJ Insight2014-03-19

Wind power capacity to grow 16.6% this year, paper says

... o rise to 175 billion kilowatt-hours (kWh) from 134.9 billion last year. The administration on Tuesday pledged to aggressively push for the development of offshore wind power in 2014, the report said. ...More

EJ Insight2014-02-26

Wanda's Wang Jianlin denies Southampton FC bid, paper says

Dalian Wanda Group denied recent British media reports suggesting that billionaire chairman Wang Jianlin was in talks to acquire Premier League soccer team Southampton FC for 175 million pounds (US$28 ...More

EJ Insight2014-01-23

Brokerages multiply asset management offerings, paper says

... , down to 175 million units last year from 2.13 billion units in 2007, and returns overall were weak, the report said. -- Contact HKEJ [email protected] TL/AC/SK   ...More

EJ Insight2014-01-02

Changan Auto posts 21% sales growth, Xinhua says

... evenue of 175 billion yuan, the report said. -- Contact HKEJ [email protected] SK/CG     ...More

EJ Insight2013-12-31

Dongfeng, Geely zoom in on smart French JVs

... le (HKEx: 175), which is trying hard to turn around struggling Swedish automaker Volvo, has announced its own major new auto financing joint venture with France's BNP (Paris: BNP). This sudden love fe ...More

EJ Insight2013-12-18

GCL-Poly's move on Same Time hard to justify

...  lost HK$ 175 million for the year ended March. Thus it is hard to understand why GCL would want to spend so much money on an irrelevant business.  Given these concerns, it is not surprising that GCL- ...More

EJ Insight2013-11-01

Sany Heavy in deal for Austrian lifting gear firm, SCMP says

Sany Heavy Industry, China's largest listed construction machinery maker, plans to pay €108 million (US$175 billion) for 10 per cent of Austrian firm Palfinger, the South China Morning Post reported T ...More

EJ Insight2013-10-03

China, Indonesia extend currency swap deal, PBoC says

The People’s Bank of China and Bank Indonesia signed an extension on Tuesday to a bilateral currency swap agreement valued at 100 billion yuan (US$16.33 billion), or 175 trillion Indonesian rupiah, th ...More

EJ Insight2013-10-03

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