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CBS denies former CEO Moonves US$120 mln severance package

... o the New York Times this month, accused Moonves of destroying evidence and seeking to mollify accusers with promises of jobs at CBS. The report also included more accusations that Moonves advanced th ...More

EJ Insight2018-12-18

Google to invest US$1 bln on new campus in New York

Google announced on Monday that it will invest more than US$1 billion on a new campus in New York, becoming the second major tech giant after Amazon to pick America's financial capital for new busines ...More

EJ Insight2018-12-18

Unlocking public wealth

... ze of New York City’s without using a single tax dollar: it developed the real estate adjacent to its stations. There is no question that depending on outside capital carries serious risks, especially ...More

EJ Insight2018-12-17

Campus startups seek to provide jobs for 10,000 youths

... rs in New York in September next year. The three winning groups were Sleaner (recycling marine waste into wearable commodities); Vita Y (linking jobless youth with South Korean farms seeking young wor ...More

EJ Insight2018-12-13

Trump ex-lawyer Cohen jailed for three years

... ge in New York on the same day as news that the publisher of the National Enquirer tabloid had struck a deal with prosecutors to avoid charges over its role in one of two hush payments involving Trump ...More

EJ Insight2018-12-13

Gunman kills three near French Christmas market, flees

... m. in New York) as stallholders prepared to close down and restaurants filled in the city, which sits across the Rhine River from Germany. Bystanders were swiftly ushered into nearby shops.  The Europ ...More

EJ Insight2018-12-12

SoftBank invests in US parking management startup ParkJockey

...  from New York-based Owl Roc. Founded in 2013 by Ari Ojalvo and Umut Tekin, ParkJockey’s mission is to take the hassle out of parking for consumers, operators and landlords. It developed an app-based ...More

EJ Insight2018-12-12

Tencent Music raises nearly US$1.1 billion in US share offering

... n the New York Stock Exchange on Wednesday under the symbol “TME”. -- Contact us at [email protected] CG ...More

EJ Insight2018-12-12

Verizon to shed 10,400 jobs amid plans to boost 5G investment

... . The New York-based company has been looking at cutting costs as it ramps up investment in its next-generation 5G network, which is expected to fuel growth. The company has said it was on track to re ...More

EJ Insight2018-12-11

Investors managing US$32 trillion in assets urge climate action

... f the New York State Common Retirement Fund called “misguided”. “Global efforts to address the very real threat climate risk presents to the economy, financial markets and investment returns are ongoi ...More

EJ Insight2018-12-10

Hong Kong set to take global IPO crown but many new listings sag

Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst pe ...More

EJ Insight2018-12-10

WM Motor, SenseTime to jointly develop AI applications for cars

... n the New York stock market in September. Byton is also targeting an IPO to fund its expansion. Shen stressed that the company has no plans to go public at the current stage. “We are still a small com ...More

EJ Insight2018-12-06

Ex-HK minister Patrick Ho convicted in US on corruption charges

... rt in New York convicted Ho, 69, on seven out of eight counts of bribery and other charges laid against him, the report said.  Ho, who had served as Hong Kong's Secretary for Home Affairs from 2002 to ...More

EJ Insight2018-12-06

SoftBank fund to hire China team, open Shanghai office: report

... f the New York-based shared workspace giant WeWork in July, to fuel its expansion in China. Chinese truck-hailing startup Man Bang Group, facial recognition and artificial intelligence startup SenseTi ...More

EJ Insight2018-12-05

US stocks tumble on trade, growth worries

... nt in New York, told Reuters. In comments on Tuesday, New York Fed President John Williams said the US central bank should expect to continue raising interest rates “over the next year or so” even whi ...More

EJ Insight2018-12-05

Tencent Music launches US$1.2 billion IPO in New York

...  in a New York Stock Exchange IPO, according to a filing with the US Securities and Exchange Commission on Monday. The company originally planned to launch its offering in mid-October, Reuters previou ...More

EJ Insight2018-12-04

Has Zuckerberg lost control of Facebook?

... s The New York Times recently revealed, Facebook is so desperate to protect its business model that it hired a shadowy PR firm to spread anti-Semitic misinformation about one of its leading critics, t ...More

EJ Insight2018-11-30

Why human chess survives

... ch in New York City. Although technologists mark this as a signal event of the twentieth century, it initially seemed a real blow for chess professionals. Indeed, when Kasparov next had to defend his ...More

EJ Insight2018-11-29

Fed's Powell says rates just below neutral after Trump attacks

... nt in New York. The Fed has settled into a quarterly rate-hike cycle and is still expected to raise rates again next month, in what would be the fourth hike this year. But signs of a slowdown overseas ...More

EJ Insight2018-11-29

Ho disguised bribes as donations, say US prosecutors

...  at a New York district court, the prosecution told the jury – 12 jurors and three substitutes – that Ho disguised the money given to high officials of the two African nations as charitable donations, ...More

EJ Insight2018-11-28

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