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Why the closing of the Newton Hotel is a warning to Hong Kong

... he recent sharp decline in the number of tourists is not the direct “cause of death” of the Newton Hotel, it is undeniable that the tourism industry in Hong Kong is facing a tough time. Occupancy and ...More

EJ Insight2015-09-04

Migrants refuse to leave Hungarian train

...  put into sharp focus on Wednesday when five children were among 12 migrants who drowned in Turkish waters while trying to reach Greece. Images of the washed-up body of three-year-old Alan Kurdi, who ...More

EJ Insight2015-09-04

Shenzhen steps up security for HK-China World Cup qualifier

... xchanging sharp words online ahead of the much-anticipated event, Apple Daily reported. Mainland supporters who were unhappy with Hong Kong match goers have urged their compatriots to go to Shenzhen t ...More

EJ Insight2015-09-02

Why stock markets may remain weak in September

After a turbulent August, equity investors worldwide are wondering what lies in store during the new month.   People may need more time to digest the various uncertainties. Despite the recent sharp co ...More

EJ Insight2015-09-01

Hong Kong visitor arrivals, hotel revenues dive

... ining the sharp decrease in the number of tourist arrivals, Travel Industry Council chairman Michael Wu said many travel destinations have loosened their visa restrictions on mainland tourists while c ...More

EJ Insight2015-09-01

Why a September US rate liftoff is a fading hope

... ove given sharp volatility in A shares. The market rescue depends on an improved economic picture and stronger corporate earnings which are nowhere in sight. Last week, global equity markets suffered ...More

EJ Insight2015-08-31

China Cinda lone bidder for Nanyang Commercial Bank

... wth and a sharp downturn in the stock market. The shares recouped some gains and closed down 1.7 percent. Cinda, one of four state-backed managers of bad debt in China, did not disclose the value of i ...More

EJ Insight2015-08-28

PBoC official blames US for global market turmoil

... e slowing sharply despite Beijing's efforts. That could have a significant impact on global growth, hitting company earnings and reducing demand for commodities. Yao said China's economy remains on a ...More

EJ Insight2015-08-28

Wall Street snaps six-day losing streak

US stocks rebounded sharply on Wednesday after running up six straight days of sharp losses caused by worries about China's economy. Long-term bonds fell after a top Federal Reserve official scaled ba ...More

EJ Insight2015-08-27

Rate cut makes insurance plays more attractive

... continued sharp declines. The market turnover for Shanghai and Shenzhen was reduced to 646.7 billion yuan on Tuesday. The latest RRR cut is expected to inject 710 billion yuan into the market, and low ...More

EJ Insight2015-08-26

How Beijing is humiliated when confidence is gone

... ed by the sharp declines in A shares as long as the economies of the United States, Japan, Europe, Hong Kong and Taiwan are doing well themselves. The global economy remains lukewarm amid gloomy prosp ...More

EJ Insight2015-08-26

Why the market correction may play out some more

The Hang Seng Index has tested the 2014 March-low, and the benchmark should now find some technical support at the 20,800 level. Both Hong Kong and mainland markets have sharply swung to bear market ...More

EJ Insight2015-08-26

Apple strong in China, Xiaomi looks to Africa

...  marked a sharp reversal for trends the previous year, when Beijing-based Xiaomi was posting triple-digit growth and some were predicting it could pose a serious challenge to its much older and highly ...More

EJ Insight2015-08-26

Wall Street rally fizzles as China worries prevail

China's imploding equity market spooked Wall Street again Tuesday, halting a rally in US stocks and turning sharp gains into deep losses.    Major indices turned negative in the final minutes of tradi ...More

EJ Insight2015-08-26

Maybe things aren't so bad in China

...  that the sharp downturn in growth seen during 2014 might be starting to abate. As early as December last year there were tentative signs that the plunge in consumer sentiment was beginning to level o ...More

EJ Insight2015-08-25

Why the worst is yet to come in stock markets

... triggered sharp currency devaluations in Malaysia and Indonesia. Even the Australian dollar has suffered from the sell-off. The Indonesian central bank used US$300 million to safeguard its currency wh ...More

EJ Insight2015-08-25

Why manufacturers' confidence in the renminbi is crashing

... e enjoyed sharp appreciation in their assets. However, the devaluation prompted them to dump their property investment, triggering a fall in property prices. The billionaire's wife used to go on shopp ...More

EJ Insight2015-08-24

World markets in turmoil amid China rout

Alarm bells rang across world markets on Monday as a plunge in Chinese shares and a sharp drop in the dollar and major commodities panicked investors. European stocks opened more than 3 percent in the ...More

EJ Insight2015-08-24

IMF official says premature to talk about China crisis

China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official sa ...More

EJ Insight2015-08-24

Japan's Sharp in LCD tie-up talks with Hon Hai

Japan's Sharp Corp. is in talks with Taiwan's Hon Hai Precision Industry Co. for a tie-up in its struggling flat-panel display business, Reuters reported, citing sources. Under the proposed plan, Shar ...More

EJ Insight2015-08-24

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