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Power utilities to raise tariffs 1.9% next year

... 1.154 per unit of electricity after offering special rebates, while that charged by HK Electric will be HK$1.125, also with special rebates, the Hong Kong Economic Journal reports. The announcements w ...More

EJ Insight2017-12-13

Singapore's electric car-sharing program hits the road

... BlueSG, a unit of France’s Bollore Group, is a part of Singapore’s plans to reduce the number of vehicles on its roads and encourage the use of public transport. The city-state, one of the world’s mos ...More

EJ Insight2017-12-13

Founder of China's embattled LeEco placed on debt blacklist

... smart-car unit looking to rival electric car giant Telsa Inc. The latest twist, which follows court cases and Jia being ousted as chief executive of the main listed unit of the group he founded, is sy ...More

EJ Insight2017-12-13

What would every local startup buy after making big bucks?

... mes; each unit measures 1,700 square feet and has four bedrooms, valued at over HK$19,360 per square foot. Both units belonged to the same seller who acquired them from developer Sino Land for HK$57.6 ...More

EJ Insight2017-12-13

HK online rental platform finalist in global startup contest

Like startups involved in artificial intelligence, real estate-focused new technology businesses also have opportunities to showcase their strengths at a global event, a fact that a Hong Kong firm wil ...More

EJ Insight2017-12-13

Bitcoin investing: The ABCs and the risks you need to know

... e minimum unit can be down to a hundredth of a bitcoin or even less. Note: The views expressed in this interview are personal opinions of the industry professional and do not necessarily reflect those ...More

EJ Insight2017-12-12

Will bitcoin become the fourth classic bubble in history?

...  and as a unit of account. But as long as people are willing to trade them, they can serve as investment products. Bitcoin prices are extremely volatile. They surpassed US$19,000 at one point last Fri ...More

EJ Insight2017-12-12

Bitcoin looks remarkably like a bubble, NZ central bank warns

... uctuating unit of payment that has no backing from a government or a central bank. Bitcoin, “mined” by computers performing complex calculations, surged to over US$16,000 last week, and all bitcoins i ...More

EJ Insight2017-12-11

Mediaset eyes Telecom Italia deal from truce with Vivendi

... ’s pay-TV unit Premium. The rift deepened when Vivendi built up a 28.8 percent stake in Mediaset, controlled by former Prime Minister Silvio Berlusconi. Vivendi also controls TIM, with a 24 percent st ...More

EJ Insight2017-12-11

AT&T-Time Warner antitrust trial set for March

... adcasting unit had offered its distributors licensing terms that forbid Turner from “going dark” for seven years after the deal closes if they reach an impasse in negotiations. Blackouts are a negotia ...More

EJ Insight2017-12-08

Xiaomi said to eye 2018 IPO at US$50 bln minimum valuation

... needed ammunition for expansion, according to Bloomberg sources. Xiaomi, led by Lei Jun, often dubbed China's answer to Steve Jobs, is making a shift towards relying on brick-and-mortar stores. The co ...More

EJ Insight2017-12-05

CVS Health to buy Aetna for US$69 bln in year's biggest deal

...  separate unit and Aetna’s existing leadership is expected to run the Aetna businesses, CVS chief executive Larry Merlo was quoted as saying. Aetna will have two of its directors, in addition to Aetna ...More

EJ Insight2017-12-04

Bitcoin loses over a fifth of its value in less than 24 hours

... e digital unit is slowly gaining traction in the mainstream investment world, as well as by increasing awareness. Several large market exchanges including Nasdaq, CBOE and CME have said they are plann ...More

EJ Insight2017-12-01

Nasdaq plans bitcoin futures contract in 2018: report

... oin, that unit takes prices from four bitcoin exchanges. CBOE will price its bitcoin future off the Gemini Trust, the digital currency exchange founded by brothers Cameron and Tyler Winklevoss. The SE ...More

EJ Insight2017-11-30

Nokia said to be in talks to buy Juniper Networks

... ile phone unit to Microsoft. The Finnish firm bought Alcatel-Lucent for about US$16.6 billion last year as part of its business transformation. -- Contact us at [email protected] RC ...More

EJ Insight2017-11-30

Bitcoin shoots past US$10,000 in some exchanges

... GDAX. The unit hit a high of US$9,968 BTC=BTSP on BitStamp on Tuesday.  Bitcoin has gained more than 900 percent so far this year, on increased institutional demand for crypto-currencies as financial ...More

EJ Insight2017-11-29

Asia-Pacific logistics: path to growth

... and opportunities in the performance on trade logistics, highlights the inadequacy of transport networks across the region. The Asia Development Bank estimates that between 2016 and 2030, an investmen ...More

EJ Insight2017-11-28

Meredith to buy Time Inc for US$1.85 bln

... te-equity unit of the Koch brothers’ Koch Industries, the Journal said. Time Inc. has been investing in online video and branded content, yet its print magazine circulation and advertising still accou ...More

EJ Insight2017-11-27

Amazon unit expected to unveil deal with healthcare tech firm

Amazon Web Services (AWS), a unit of e-commerce behemoth Amazon, is said to be teaming up with US healthcare tech giant Cerner on a cloud platform related to healthcare services. CNBC reports that the ...More

EJ Insight2017-11-23

Hanwha unit leads US$6.6 mln funding round of Tech in Asia

... e the community," Tech in Asia CEO Willis Wee said in a statement. According to the company, the fresh funds will be used for research and product development for Tech in Asia's media, events, and job ...More

EJ Insight2017-11-22

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