Comcast beat Rupert Murdoch’s Twenty-First Century Fox in the battle for Sky after offering 30.6 billion pounds (US$40 billion) in a dramatic auction to decide the fate of the pay-television group, Re ...More
EJ Insight2018-09-24
There has been chatter that Ping An Insurance (02318.HK), one of China's leading insurance groups, is shutting down an asset management unit and switching to passive investment management using artifi ...More
EJ Insight2018-09-21
The cryptocurrency market has hit the bottom, setting the stage for a bounce-back of units like the bitcoin, according to Michael Novogratz, founder of cryptocurrency asset management firm Galaxy Digi ...More
EJ Insight2018-09-21
Entrepreneurs and academics in China seem to realize that the biggest headwind for the nation’s economy is a deteriorating internal business environment rather than the US-China trade war. At the rece ...More
EJ Insight2018-09-20
Forget the crypto counters or China concept stocks like Nio or Pinduoduo. The red-hot names in the US market right now are cannabis plays. Take a look at Tilray, the Canada-based marijuana producer th ...More
EJ Insight2018-09-20
Germany is seeking to counter a surge in Chinese bids for stakes in German technology firms, with one of the plans under consideration being the creation of a billion-euro fund to rescue troubled take ...More
EJ Insight2018-09-20
Facing criticism that it is lagging China and some other jurisdictions in Asia in adoption of mobile payments and financial technology development, Hong Kong has been seeking to enhance its financial ...More
EJ Insight2018-09-19
Chinese hotpot chain Haidilao raised nearly US$1 billion in its Hong Kong initial public offering by pricing its shares at the top of an indicated range, Reuters reports, citing people familiar with t ...More
EJ Insight2018-09-19
Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest more than US$1 billion in California-based electric car startup Lucid Motors. The funding will enable the American firm to achieve the ...More
EJ Insight2018-09-18
China, in an implicit recognition that at least some of its Belt and Road-related projects risk trapping target countries in debt or fail to meet their needs, has conceded that adjustments may be nece ...More
EJ Insight2018-09-17
Amazon founder Jeff Bezos said on Thursday that he will commit US$2 billion to helping homeless families and starting pre-schools for low-income communities, Reuters reports. The new philanthropic eff ...More
EJ Insight2018-09-14
