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Honda to invest US$2.75 billion in GM's self-driving car unit

Honda Motor Co. Ltd. will invest US$2.75 billion and take a 5.7 percent stake in General Motors Co.’s Cruise self-driving vehicle unit, to jointly develop autonomous vehicles for deployment in ride se ...More

EJ Insight2018-10-04

What the strong response to Vanke’s Tuen Mun project tells us

... ium. Each unit costs between HK$4 million to HK$6 million. Le Pont is 20 minutes away from the downtown area of Tuen Mun. Despite the less desirable location, all 347 flats were sold out on the first ...More

EJ Insight2018-10-04

Boost speech and occupational therapy services for SEN students

... olyU. The unit cost for each student in these UGC-funded speech and occupational therapy degree programs stands at around HK$268,000. So it would require an extra HK$26.8 million in annual funding to ...More

EJ Insight2018-10-03

Discovery Bay boat families look for new homes

...  a humble unit equivalent to no more than two car parking spaces, Discovery Bay's boat people had come up with a smart, less expensive solution to the problem of ever-escalating home prices. They figu ...More

EJ Insight2018-10-03

Tencent online music unit files for US listing

Tencent Music Entertainment Group has formally filed with regulators to list in the United States, under the symbol “TME”, in what could be the biggest US initial public offering by a Chinese company, ...More

EJ Insight2018-10-03

Amazon raises minimum wage to US$15, urges rivals to follow

... ng in the United States. The company also said it will now lobby in Washington D.C. for an increase in the federal minimum wage and urged its competitors to follow its lead as the union-led “Fight for ...More

EJ Insight2018-10-03

Tencent aims to become enterprise-focused service provider

...  into one unit and create a new group for cloud and smart businesses. The move is seen as part of the company's bid to beef up its cloud-based data offering services for corporate clients. Its newly e ...More

EJ Insight2018-10-02

GE shares soar after CEO replaced with outsider

... wer plant unit have been intensifying, as Reuters reported in July, with the news that one of its most valuable clients, Saudi Arabia, was lining up competitors to bid against GE for lucrative power p ...More

EJ Insight2018-10-02

Is the oil burden a rising problem?

... ption per unit of GDP) declined by 1.2 percent in 2017, slightly below its historical yet unstoppable trend (-1.5 percent/year on average between 2000 and 2017 and -1.8 percent in 2016). In fact, glob ...More

EJ Insight2018-09-28

Didi faces intensifying competition from state rivals

... on Co., a unit owned by the State-owned Assets Supervision and Administration Commission of Guangdong province, has also obtained the green light to roll out ride-hailing service. Among other entities ...More

EJ Insight2018-09-28

Police's OCTB unit seen tasked with enforcing HKNP ban

As the Security Bureau's ban on the Hong Kong National Party (HKNP) was gazetted on Monday and came into immediate effect, it is believed that the police's Organized Crime and Triad Bureau (OCTB) will ...More

EJ Insight2018-09-26

What lies in store for Instagram after exit of the founders?

... ip on the unit, which boasts a billion monthly active users. The bid for stronger control comes as Facebook eyes enhanced monetization of Instagram, which has become popular with younger users, the de ...More

EJ Insight2018-09-26

Probe launched after woman, 56, dies in Yuen Long fire

...  out at a unit on the 10th floor of Block 5 of Emerald Green, a luxury private estate on Shap Pat Heung Road, the Hong Kong Economic Journal reports. About 72 firefighters and paramedics, with 19 fire ...More

EJ Insight2018-09-24

Porsche abandons diesel cars amid EV push

Porsche will stop offering diesel versions of its cars, the Volkswagen unit announced on Sunday, outlining its aim to sharpen focus instead on hybrid and battery-powered vehicles. “Porsche is not demo ...More

EJ Insight2018-09-24

Will AI replace fund managers?

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

Subsidized flat owners may rent out spare rooms under new scheme

... qualified unit must have at least two bedrooms and the owner, who is required to have owned the title of the unit for at least 10 years, must retain one for self-use while renting out the rest, meanin ...More

EJ Insight2018-09-20

Why XR may fare better than Apple's other new iPhones

...  terms of unit sales.   After the launch event, Apple started to take orders for the iPhone XS and iPhone XS Max last Friday. What is interesting to note is that availability of the products will be s ...More

EJ Insight2018-09-18

Anta seeks to acquire Amer Sports: Is that a good idea?

... ther high unit prices. A set of skiing equipment or a bike wheelset, for example, could cost more than HK$10,000. Europe, Middle East and Africa contributed 43 percent of its revenue last year while t ...More

EJ Insight2018-09-14

HSBC to bolster Asia private banking headcount

... es as the unit that caters to the rich is focusing once more on growth after years of painful restructuring. “Asia is the key driver for future profitability in the private bank ... it’s been the driv ...More

EJ Insight2018-09-12

Two hundred evacuated after blaze at Tsing Yi apartment block

About 200 residents of an apartment block in a public rental housing estate in Tsing Yi had to be evacuated in the evening on Monday following a fire at a unit in the building. A blaze was reported at ...More

EJ Insight2018-09-11

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