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China reports 5,000 new coronavirus cases

China’s coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus ...More

EJ Insight2020-02-14

Air France-KLM seeks to buy 49% of Malaysia Airlines: report

Air France-KLM has submitted a proposal to acquire 49 percent stake in Malaysia Airlines, while Japan Airlines is looking at buying 25 percent, according to Reuters. Malaysia-based AirAsia Group and M ...More

EJ Insight2020-01-21

An iconic restaurant can't escape sector woes

An iconic Hong Kong restaurant has cut its staff by half as it attempts to stay afloat amid reduced business, joining the list of entities that have been hit hard by the months-long social unrest. The ...More

EJ Insight2020-01-07

The allure and limits of monetized fiscal deficits

A cloud of gloom hovered over the International Monetary Fund’s annual meeting this month. With the global economy experiencing a synchronized slowdown, any number of tail risks could bring on an outr ...More

EJ Insight2019-10-29

Goldman wants traders to be more like dealmakers and coders

Over the past decade or so, Goldman Sachs Group has watched its annual trading profits fall 84 percent, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they h ...More

EJ Insight2019-10-18

Fed eases post-crisis rules for domestic, foreign banks

The US Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic US and foreign banks that were originally introduced following the 2007-2009 ...More

EJ Insight2019-10-11

AB InBev Asia unit raises US$5 billion in Hong Kong IPO

AB InBev raised about US$5 billion in a Hong Kong IPO of the brewer’s Asia-Pacific unit after pricing it at the bottom of a marketed range, Reuters reports. The IPO of the unit of Anheuser-Busch InBev ...More

EJ Insight2019-09-24

'Hung To' march passes without clashes despite tense moments

A protest march in Hung Hom and To Kwa Wan on Saturday passed without any major incident, prompting sighs of relief from authorities and local residents as well as the event organizer. The demonstrati ...More

EJ Insight2019-08-19

Wilson Fung convicted of misconduct in public office

The District Court found former senior government official Wilson Fung Wing-yip guilty of misconduct in public office for accepting HK$510,000 from his lover, Macau businesswoman Cheyenne Chan Ung-iok ...More

EJ Insight2019-08-15

IBM closes US$34 billion deal to buy Red Hat

International Business Machines Corp. said it has closed its US$34 billion acquisition of software company Red Hat Inc., as it looks to ramp up its cloud computing business, Reuters reports. Underscor ...More

EJ Insight2019-07-10

Will the mindset of our authorities ever change?

The Stanley Prison, where I am now serving an eight-month jail sentence on charges related to the 2014 Occupy pro-democracy protests, has been notorious for the unbearable heat and poor ventilation in ...More

EJ Insight2019-06-28

Morgan Stanley wants majority stake in China joint venture: CEO

Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, chief executive James Gorman said. Morgan Stanley, the sixth-larges ...More

EJ Insight2019-06-13

Bribery trial: Fung and Chan were 'like a married couple'

The District Court hearing the bribery case involving former government official Wilson Fung Wing-yip and Macau businesswoman Cheyenne Chan Ung-iok was told that the two defendants had been having a r ...More

EJ Insight2019-05-28

Housing Society seeks to ease restrictions on subletting scheme

A scheme launched by the Hong Kong Housing Society (HKHS) in 2018 to ease the housing shortage has not been yielding positive results, and now the group is said to be in discussion with the government ...More

EJ Insight2019-05-22

Ex-official on trial for taking bribes from Macau businesswoman

A former government official who had been in charge of air service negotiations and air traffic rights went on trial on Monday in a corruption case, accused of taking more than half a million Hong Kon ...More

EJ Insight2019-05-21

Apple's upbeat forecast allays fears over declining iPhone sales

Apple Inc. shares rose nearly 5 percent, pushing the iPhone maker’s market valuation back toward US$1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhon ...More

EJ Insight2019-05-02

China drone maker EHang delays IPO plan: report

Chinese drone maker EHang has delayed plans for a US initial public offering (IPO) and is instead looking to raise up to US$200 million in a private fundraising, Reuters reports, citing two people wit ...More

EJ Insight2019-04-02

Fed rate cut seen nearer as yield curves invert

The Federal Reserve’s stunning about-face on rate increases along with weak economic data has left a key part of the US Treasury yield curve close to levels at which the US central bank has in the pas ...More

EJ Insight2019-03-26

SFC fines top investment banks US$100 million for IPO failures

Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined US$100 million for due d ...More

EJ Insight2019-03-15

US buyout firms offer 5.7 billion euros for Scout24

Hellman & Friedman and Blackstone have offered to buy online classifieds group Scout24 for 5.7 billion euros (US$6.4 billion), including debt, potentially the biggest takeover of a listed German c ...More

EJ Insight2019-02-15

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