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Jimmy Lai, two other pro-democracy activists arrested

Publishing magnate Jimmy Lai Chee-Ying and two other pro-democracy activists were arrested by police on Friday on charges of illegal assembly. Lai, a self-made millionaire who has been a major financi ...More

EJ Insight2020-02-28

Thyssenkrupp sells elevator unit for US$18.7 billion

Thyssenkrupp AG said it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany’s RAG foundation for 17.2 billion euros (US$18.7 billion) in what could be the world’s large ...More

EJ Insight2020-02-28

US wireless carriers face fines over data misuse: report

... the matter. The FCC is expected to announce the proposed fines on AT&T Inc., Verizon Communications Inc., Sprint Corp. and T-Mobile US Inc. on Friday. The companies will be able to challenge the ...More

EJ Insight2020-02-28

Amazon bars one million products for false coronavirus claims

Amazon.com Inc. said it has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, Reuters reports. Amazon also removed ...More

EJ Insight2020-02-28

Lawmakers want cash handout tackled separately for quicker nod

... s possible. In his budget speech given on Wednesday, Financial Secretary Paul Chan Mo-po proposed HK$10,000 cash assistance to all Hong Kong permanent residents aged 18 or above “with a view to encour ...More

EJ Insight2020-02-27

Coronavirus spreads faster outside China, stoking global fears

... ng illness. Asia reported hundreds of new cases on Wednesday, Brazil confirmed Latin America’s first infection and the new disease – Covid-19 – was also detected for the first time in Pakistan, Sweden ...More

EJ Insight2020-02-27

China's COVID-19 moment

Last October, the 2019 Global Health Security Report included a stark warning: “National health security is fundamentally weak around the world. No country is fully prepared for epidemics or pandemics ...More

EJ Insight2020-02-27

Gilead starts two late-stage studies to test coronavirus drug

Gilead Sciences Inc. said it has started two late-stage studies to test its drug in patients with severe and moderate cases of the illness caused by the coronavirus, Reuters reports. Beginning in Marc ...More

EJ Insight2020-02-27

US appeals court rejects bid on YouTube censorship

Google persuaded a federal appeals court to reject claims that YouTube illegally censors conservative content, Reuters reports. In a 3-0 decision that could apply to platforms such as Facebook, the 9t ...More

EJ Insight2020-02-27

Five-time Grand Slam winner Sharapova retires at 32

Maria Sharapova, the Russian five-time Grand Slam champion who became one of the highest-paid sportswomen in the world, announced the end of her career at the age of 32. Siberia-born Sharapova, whose ...More

EJ Insight2020-02-27

HK offers mortgage loans of up to HK$10 million for homebuyers

Financial Secretary Paul Chan Mo-po on Wednesday unveiled a fixed-rate mortgage loan scheme to support the property sector and enable more citizens to acquire homes. “The residential property market h ...More

EJ Insight2020-02-26

Govt unveils HK$10,000 handout, deficit to hit record HK$139 bln

... al deficit. All permanent residents aged 18 or above will each receive HK$10,000 cash as part of the measures to help citizens cope with the economic downturn resulting from the raging coronavirus out ...More

EJ Insight2020-02-26

Three more Chinese regions lower virus emergency response level

... a reported. China had 406 new confirmed cases of coronavirus infections on Tuesday, the country’s National Health Commission said on Wednesday, down from 508 cases a day earlier. That brings the total ...More

EJ Insight2020-02-26

Bob Iger steps down as Disney CEO after 15 years at helm

Robert Iger will step down as chief executive officer of Walt Disney Co, handing the reins to Disney Parks head Bob Chapek, Reuters reports, citing a company announcement.  Iger will assume the post o ...More

EJ Insight2020-02-26

Tesla, regulators strongly criticized over 2018 Autopilot crash

The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.’s lack of system safeguards in a fatal 2018 Autopilot crash in California and called US regulators’ approach in overse ...More

EJ Insight2020-02-26

US braces for Covid-19 spread as outbreaks worsen in Italy, Iran

US health officials told Americans to begin preparing for coronavirus to spread within the country as outbreaks in Iran, South Korea and Italy escalated. Iran’s coronavirus death toll rose to 16 on Tu ...More

EJ Insight2020-02-26

Countries must shift mindset to virus preparedness: WHO expert

Countries need to prepare immediately for an outbreak of the novel coronavirus so they can respond rapidly when it arrives, a top World Health Organization (WHO) expert said. “Think the virus is going ...More

EJ Insight2020-02-26

Mubarak, the 'Pharaoh' toppled by the Arab Spring, dies at 91

Hosni Mubarak, who died on Tuesday, never expected to be president. But when a very public assassination thrust the former bomber pilot into the job, he made it his mission never to give it up. His st ...More

EJ Insight2020-02-26

K-pop sensation BTS' label pursues IPO: reports

Big Hit Entertainment, the music label of South Korean boy band BTS, has chosen JPMorgan, NH Investment and Securities and others to handle its initial public offering, according to media reports. The ...More

EJ Insight2020-02-25

Will the coronavirus trigger a global recession?

At the start of this year, things seemed to be looking up for the global economy. True, growth had slowed a bit in 2019: from 2.9 percent to 2.3 percent in the United States, and from 3.6 percent to 2 ...More

EJ Insight2020-02-25

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