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China likes lawyers even less than you do

It’s a universal truth that nobody likes lawyers. Lawyers know that. And they don’t care. With a time-worn image as greedy and over-aggressive manipulators, liars and cheats, lawyers get no respect. I ...More

EJ Insight2015-07-14

Netizens stunned as hurdler Liu Xiang announces divorce

Chinese netizens have been shocked by retired star hurdler Liu Xiang's announcement of the end of his 290-day marriage to actress Ge Tian. Liu gave incompatibility as the reason the couple had divorce ...More

EJ Insight2015-06-26

GE sells buyout finance unit to Canada pension fund

General Electric Co. has agreed to sell its private-equity-lending unit to Canada’s largest pension fund in a deal valued at about US$12 billion, The Wall Street Journal reported. The move is a major ...More

EJ Insight2015-06-10

GE close to selling lending unit to Canada fund

General Electric is nearing an agreement to sell its private equity lending unit to the Canada Pension Plan Investment Board, Canada's biggest pension fund, Reuters reported, citing a person familiar ...More

EJ Insight2015-06-08

GE launches sales process for US lending units

General Electric Co. has launched the sales process for a US$40 billion chunk of its US commercial-lending business, the Wall Street Journal reported on Sunday. The business units could all be sold to ...More

EJ Insight2015-06-01

Why China's new crackdown on foreign firms will be mild

...  Siemens, General Electric and Philips are all being probed over whether they bribed hospitals and other medical professionals to achieve their current market dominance. Anyone who is getting a sense ...More

EJ Insight2015-05-05

GE taps Apple, Qualcomm to reignite lighting business

General Electric Co. (GE) is teaming up with Apple Inc. and Qualcomm Inc. to reinvigorate its 130-year-old lighting business. The cooperation will allow GE to harness digital technology and a growing ...More

EJ Insight2015-05-05

GE in talks to sell commercial lending unit

General Electric Co. (GE) is selling its US$74 billion lending business as it moves to dismantle what was one of the country’s largest banks. GE is in talks with Wells Fargo and other bidders, the Wal ...More

EJ Insight2015-04-21

Tighter competition looms in securities industry

... etitive edge amid growing rivalry in the sector. Wang made the remarks after media reports that China's securities regulators will allow overseas firms to own up to 51 percent of domestic joint ventur ...More

EJ Insight2015-03-24

GE sells consumer lending unit in Australia, NZ for US$6.26 bln

General Electric Co. is selling the consumer-lending business of GE Capital in Australia and New Zealand for A$8.2 billion (US$6.26 billion), including debt, to an investor group that includes KKR &am ...More

EJ Insight2015-03-16

Aggressive Chinese funds driving commodities markets

... ed its biggest one-day fall in more than three years on Wednesday amid aggressive selling of futures contracts by Chinese funds on the London Metal Exchange and Shanghai Futures Exchange, the newspape ...More

EJ Insight2015-01-16

Alstom: China train makers upping the game in new markets

French train maker Alstom admits that is facing growing competitive pressure, especially in emerging markets, following the merger of Chinese rivals CNR Corp and CSR Corp. Yves Mouillet, the Asia Paci ...More

EJ Insight2014-11-28

Managerial ability the key to M&A success

Global firms such as Johnson & Johnson and GE and Hong Kong groups like Li & Fung regularly undertake acquisitions in order to grow. Immediate share price reaction to the M&A announcements ...More

EJ Insight2014-11-04

GE seeks to exit S Korea finance joint ventures: WSJ

General Electric Co. is in early talks to sell its stakes in its South Korean auto-financing and credit-card businesses, the Wall Street Journal reported Thursday, citing people familiar with the matt ...More

EJ Insight2014-10-30

Chinese star hurdler Liu Xiang ties the knot

Chinese world champion hurdler and Olympic gold medalist Liu Xiang has married his actress girlfriend Ge Tian. The marriage was confirmed by Liu's father to Xinmin Evening News after photos of the pai ...More

EJ Insight2014-09-10

Electrolux targets GE appliance business

Electrolux, the world's No. 2 maker of home appliances, is in talks to buy General Electric's household appliance business, Reuters reported Friday. GE said it is evaluating options for the home appli ...More

EJ Insight2014-08-15

More crop for the drop

... , on average, worldwide, it seems logical that this sector should be the focus of conservation measures. And, in fact, a proven technology exists that could go a long way toward reducing the impact of ...More

EJ Insight2014-08-08

Issue of access to Chinese audit work papers may be easing

... ock exchange. The firm, now known as EY, refused to provide audit work papers, citing legal restrictions in China. In May, a high court judge ruled in favor of the commission. EY has lodged an appeal. ...More

EJ Insight2014-07-29

China pays high price for foreign oligopoly in natural gas power

Every Chinese will pay a high price for allowing foreign giants to dominate the natural gas power generation sector, the 21st Century Business Herald reported on Tuesday, citing sources with knowledge ...More

EJ Insight2014-07-08

China refutes reports on large-denomination banknotes

The People's Bank of China (PBoC) has no plans to issue larger denomination banknotes this year, Legal Evening News reported Friday, citing an unidentified official from the central bank. The official ...More

EJ Insight2014-06-13

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