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Baidu tops revenue estimates with strong app traffic

... analysts’ target of 27.69 billion yuan. At the same time, Baidu has become one of China’s biggest names in AI, with its efforts endorsed by the government as well as international firms. This month, i ...More

EJ Insight2018-10-31

Facebook says profit up but user and sales growth slow

Facebook Inc. beat profit estimates but missed targets for growing monthly users and reported its slowest revenue growth in about six years, Reuters reports. Facebook is keeping costs in check better ...More

EJ Insight2018-10-31

What Xiaomi can do to lift its sagging stock price

...  shipment target of 100 million units in October. It seems investors are mainly concerned about a sluggish smartphone market in China in the near future, looking beyond Xiaomi's individual performance ...More

EJ Insight2018-10-30

Circle CEO says stablecoin offers secure value in crypto deals

...  specific target and timeline on USD Coin's market share/adoption that you can share with us? A: We don't have a hard target but expect it to be widely adopted, globally, in the months and years ahead ...More

EJ Insight2018-10-30

Should tax incentives be used to support HK's maritime industry?

...  offering targeted tax breaks at the maritime sector, Hong Kong officials are in an awkward position. Should they match these low tax rates, or just let parts of the industry leave for other cities? I ...More

EJ Insight2018-10-29

Microsoft overtakes Amazon as second most valuable US company

... ok missed targets, fanning concerns that Wall Street’s tech darlings are finally starting to face stronger competition. Microsoft fell a more modest 1.1 percent in a broad technology sell-off that was ...More

EJ Insight2018-10-29

First phase of Lantau reclamation seen costing up to HK$150 bln

... emains on target for completion in 2022. The authority said a deep cement mixing method is being used for the reclamation for the third runway project. However, Edward Yiu Chung-yim, a former lawmaker ...More

EJ Insight2018-10-26

Amazon's holiday season sales outlook misses Wall St targets

Amazon.com Inc. forecast holiday season sales and profit that missed Wall Street targets, projecting revenue growth that would be the slowest in years, Reuters reports. Shares of the world’s largest o ...More

EJ Insight2018-10-26

Democrats blame Trump rhetoric after suspected bombs intercepted

Former US President Barack Obama and former Secretary of State Hillary Clinton were among the targets of suspected package bombs delivered to several high-profile Democrats and CNN, which the FBI said ...More

EJ Insight2018-10-25

Putin warns Europe against hosting US nuclear missiles

President Vladimir Putin said Russia would be forced to target any European countries that agreed to host US nuclear missiles following Washington’s withdrawal from a landmark Cold war-era arms contro ...More

EJ Insight2018-10-25

Tesla shares jump as Musk delivers quarterly profit, cash

... roduction target it set for June of 5,000 Model 3s per week, the roughly 4,300 Model 3s the company is now averaging per week were enough to boost results. Despite pledges by Musk and chief financial ...More

EJ Insight2018-10-25

Brazil's fintech startup StoneCo attracts Buffett and Jack Ma

... marily on targeting the approximately 8.8 million small- and medium-sized businesses,” StoneCo said in its filing. “We believe these merchants have been historically under-served and over-charged by t ...More

EJ Insight2018-10-23

Netflix plans another big bond sale to fund content spending

... re it can target a mass audience at profitable prices. While Netflix has huge potential in emerging markets like India, some brokerages have begun to draw attention to the overall high cost it is payi ...More

EJ Insight2018-10-23

Will black technologies boost Huawei Mate 20 sales?

... te 20 Pro target the mass market while the other two models focus on serving specific users’ needs. (Mate 20X, for example, has a 7.2-inch OLED display, making it ideal for gamers who would want a wid ...More

EJ Insight2018-10-19

China GDP growth slows to weakest pace since Q1 2009

... full-year target of around 6.5 percent with the possibility of overshooting. Economists expect China’s full-year growth to come in at 6.6 percent this year -- comfortably meeting the government’s targ ...More

EJ Insight2018-10-19

Will Italy sink Europe?

... inflation target of just under 2 percent. That target, along with Germany’s own 2 percent target, leaves Italy locked into a state of low inflation, even when it could benefit from more monetary-polic ...More

EJ Insight2018-10-18

HSBC, 6 other banks ink deal on digital trade finance network

... not set a target for the size of the platform but said he hoped it could finance a “significant” part of the US$1.5 trillion demand per year for trade finance from small and medium-sized companies tha ...More

EJ Insight2018-10-18

Fed sees need for more rate hikes despite Trump criticism

... raise the target policy rate to between 2 percent and 2.25 percent, Reuters reports. Participants in the Fed’s rate-setting committee also "generally anticipated that further gradual increases” in sho ...More

EJ Insight2018-10-18

Bankruptcy judge approves financing to keep Sears open

...  Inc. and Target Corp. “It’s a sad thing that they are going bankrupt. But they didn’t run it quite well, and that’s the consequence of not running something right,” said 61-year-old retiree Paul Thom ...More

EJ Insight2018-10-16

China has plenty of room for monetary adjustments: PBoC chief

... full-year target of around 6.5 percent in 2018 with the possibility of overshooting, adding that he is comfortable with current inflation levels. China has implemented four RRR cuts this year, releasi ...More

EJ Insight2018-10-15

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