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There's money to be made in a haunted house

... ought the unit in December 2015 for HK$1.55 million, and immediately leased it to a firefighter for a monthly rent of HK$7,000. So aside from his rental earnings, in a matter of 18 months, the owner m ...More

EJ Insight2017-09-04

Why GoGoVan and 58 Suyun are meant for each other

GoGoVan, a Hong Kong app-based transport service for freight and goods, is merging with mainland-based 58 Suyun, the freight business unit of multi-category services platform 58 Home. The transaction ...More

EJ Insight2017-09-04

Yahoo must face litigation by data breach victims, says US judge

... a Verizon unit called Oath. -- Cotact us [email protected] RA ...More

EJ Insight2017-09-01

Bain adds Apple for last-minute US$18 bln Toshiba chip unit bid

A consortium led by Bain Capital has made a revised last-ditch offer for Toshiba Corp’s chip unit worth about US$18 billion, bringing in Apple Inc. to help bolster its bid, Reuters reports, citing sou ...More

EJ Insight2017-08-31

HK startup GoGoVan to merge with China-based 58 Suyun

GoGoVan, a Hong Kong startup that has created an app-based platform for logistics services through vans, will be merging with mainland-based 58 Suyun, a freight unit of internet marketplace 58 Home.  ...More

EJ Insight2017-08-30

Google acts to comply with EU antitrust order

... engine, a unit of Alphabet Inc., had earlier on Tuesday said it would meet the EU deadline to do so. Google was hit with a record 2.4 billion euro (US$2.9 billion) fine from the EU over the practice i ...More

EJ Insight2017-08-30

Western Digital group finalizing US$17 bln deal for Toshiba unit

... sh memory unit -- the world’s No. 2 producer of NAND chips -- to cover billions in losses at its bankrupt US nuclear business Westinghouse. It would also be a remarkable victory for Western Digital, T ...More

EJ Insight2017-08-29

Style and substance

... created a unit to blend in. Its Frame TV, designed by Yves Behar, delivers sharp, HD 4K images on a screen that looks like a framed piece of art when not in use. Ingeniously, with a range of paintings ...More

EJ Insight2017-08-26

Huochebang: How a truck app gained traction in China

... a's cloud unit and Zhong An Online Property and Casualty Insurance, China's first internet-only insurer. The platform matches freight trucks across the nation with shippers in need of transportation h ...More

EJ Insight2017-08-25

Meet China’s first AI unicorn

... nvestment unit owned by Alibaba Group. It’s the nation’s first unicorn (unlisted startup valued at over US$1 billion) in the AI chip industry, according to mainland media reports. Established in 2016, ...More

EJ Insight2017-08-24

China’s renewable energy revolution

... ereas the United States could account for just 12 percent by 2035, down from 16 percent today. China has already made significant progress in reducing its resource intensity: between 1980 and 2010, it ...More

EJ Insight2017-08-22

China Unicom shares surge after regulator backs reform plan

China Unicom's US$11.7 billion ownership reform plan does not violate rules, the nation's securities regulator said, helping shares in the telecom group's units surge as they resumed trade on Monday a ...More

EJ Insight2017-08-21

Nestle's Poland Spring is common groundwater, suit alleges

A lawsuit filed in a US federal court has accused a Nestle SA unit of duping American consumers into paying premium prices for ordinary groundwater that’s pumped from some of Maine’s most populated ar ...More

EJ Insight2017-08-21

Fire rocks PetroChina refinery in Dalian

... tillation units with total processing capacity of 410,000 barrels per day of crude oil.  Firefighters battled huge flames and billowing smoke, pictures on the People's Daily twitter account showed, be ...More

EJ Insight2017-08-18

HK falls behind Singapore first time in EIU livability rankings

Singapore has surpassed Hong Kong in the annual global livability rankings list compiled by the Economist Intelligence Unit (EIU). In the latest report from the research and analysis division of The E ...More

EJ Insight2017-08-17

Housing Society to release 620 HOS flats by October

The Hong Kong Housing Society (HKHS) will release 620 units under the Home Ownership Scheme (HOS) for application by the end of October this year. The new flats include 330 units at Chui Ling Court in ...More

EJ Insight2017-08-17

Howard Lam held without bail as investigation continues

... nal crime unit said no footage showed Lam had been pushed into a van as he claimed, adding that Lam left the area where the alleged abduction took place by catching a red minibus. Based on discrepanci ...More

EJ Insight2017-08-16

Fatal Kwai Chung blaze highlights dangers of subdivided flats

... ishers. A unit of about 6,000 sq. ft of factory space has been turned into 17 subdivided flats. Hong Kong people who cannot afford sky-high rent are forced to live in illegal structures such as subdiv ...More

EJ Insight2017-08-14

Over 60 children die in Indian hospital due to oxygen shortage

...  neonatal unit or being treated for encephalitis. A district official said there was a "payment issue" with the supplier, but said the deaths could have been caused by "natural" causes as many patient ...More

EJ Insight2017-08-14

HK man says he was seized, tortured by mainland agents

... nal Crime Unit of West Kowloon is investigating the case. Police Commissioner Lo Wai-chung said Lam has yet file a formal report to the police, but Lam's claims during the press conference contains se ...More

EJ Insight2017-08-11

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