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US and China sign initial deal to ease trade tensions

... unresolved. Beijing and Washington touted the “Phase 1” agreement as a step forward after months of start-and-stop talks, and investors greeted the news with relief. Even so, there was skepticism the ...More

EJ Insight2020-01-16

Huijing IPO turns cold amid listing frenzy

They say when it rains, it pours. But some end up with just trickles. Same thing with IPOs. Beijing-based mobile app developer NewBorn Town (09911) saw the retail tranche of its initial public offerin ...More

EJ Insight2020-01-15

Google to end lucrative tracking tool for advertisers

... from users. Google's plan is to restrict advertising software companies and other organizations from connecting their browser cookies to websites they do not operate, the company said in a blog post o ...More

EJ Insight2020-01-15

Iran makes arrests in plane shootdown

Iran said on Tuesday that it has arrested people accused of a role in shooting down a Ukrainian airliner that killed all 176 people aboard last week. President Hassan Rouhani, in address Tuesday, prom ...More

EJ Insight2020-01-15

Analysts doubt if China can achieve Phase 1 commodity pledges

Commodity traders and analysts are struggling to map out how China will reach the eye-popping amounts it is committing to buy from the United States under Phase 1 of their trade deal. China has pledge ...More

EJ Insight2020-01-15

US tariffs on Chinese goods to stay until Phase 2 deal: Mnuchin

... terim deal. Mnuchin told reporters that President Donald Trump could consider easing tariffs if the world’s two largest economies move quickly to seal a follow-up agreement. “If the president gets a P ...More

EJ Insight2020-01-15

What HK should do to enhance image as shopping paradise

We have now seen ten consecutive months of double-digit year-on-year retail sales declines in Hong Kong. Retailers are wondering if there will be a recovery soon and how much recovery they can expect. ...More

EJ Insight2020-01-15

China property: Why policy easing impact may be different now

China loan prime rate (LPR) is down 16 basis points (bps) compared to half a year ago. Authorities have also cut the reserve requirement ratio (RRR) for commercial lenders, and there could be more suc ...More

EJ Insight2020-01-15

Microsoft issues Windows security fix after NSA tipoff

Microsoft Corp. rolled out an important security fix after the US National Security Agency tipped off the company to a serious flaw in its widely used Windows operating system, Reuters reports. Micros ...More

EJ Insight2020-01-15

EU powers formally accuse Iran of breaking nuclear deal

... rs reports. The European powers on Tuesday said they were acting to avoid a crisis over nuclear proliferation adding to an escalating confrontation in the Middle East. Russia, another signatory to the ...More

EJ Insight2020-01-15

Taiwan's Tsai faces formidable challenges after election win

As many had expected, Taiwan's incumbent leader Tsai Ing-wen swept to an easy victory in the island's presidential election last Saturday, securing a second term in office. Tsai, from the ruling Democ ...More

EJ Insight2020-01-14

Renault, Nissan say alliance not headed for break-up

... iyear lows. The alliance, which also includes Japan’s Mitsubishi Motors Corp., is “solid, robust, everything but dead”, the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L’Echo. Ni ...More

EJ Insight2020-01-14

Not all protester cases would warrant prosecutions: HKBA chief

... c interest. Legal proceedings should be taken up only if the cases pass the public interest test, Philip Dykes said, reminding the government that not all of the arrested persons may need to be taken ...More

EJ Insight2020-01-14

PBoC completes 'top-level' development of digital currency

The People’s Bank of China (PBoC) has revealed the latest developments in the country's pioneering efforts toward launching its own digital currency. In a recent post on its WeChat account, the centra ...More

EJ Insight2020-01-14

Top judge vows to expedite protest cases, ensure fair trial

... t movement. In his remarks at a ceremony opening the legal year 2020 on Monday, Hong Kong's top judge took exception to criticism that courts have been sluggish in handling such cases, the Hong Kong E ...More

EJ Insight2020-01-14

China to frame rules for online-only banks this year: report

... the matter. The guidelines could also bolster foreigners with existing China operations such as Citigroup Inc., HSBC Holdings Plc (00005.HK) and Standard Chartered Plc (02888.HK) by allowing them to s ...More

EJ Insight2020-01-14

Police chief set to 'face off' with pan-dems at DC meeting

...  of events. Some district councilors have even established concern groups to voice feelings about perceived police brutality, and are determined to prioritize the issue within the DCs. A source who is ...More

EJ Insight2020-01-14

Taiwan denies using swaps to intervene in currency market

... s doing so. The US Treasury, as part of its semi-annual report on foreign exchange policies of major US trading partners, said it was “concerned” by recent analysis from the US Council of Foreign Rela ...More

EJ Insight2020-01-14

Time for China and Taiwan to reassess cross-strait policies

The election last Saturday, in which Tsai Ing-wen won a second term as president, shows democracy maturing in Taiwan, which only started direct presidential elections in 1996. Political power has now ...More

EJ Insight2020-01-14

Mnuchin: Boeing woes could cut half-point from US growth

... es Network. "For this year, we've been looking at 2.5 to 3 percent [GDP growth], as I said, it may be closer to 2.5 because of the adjustment of the Boeing numbers," Mnuchin told Maria Bartiromo on Fo ...More

EJ Insight2020-01-14

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