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Snap lowers valuation expectations in highly awaited IPO

... ndon, New York, Boston and San Francisco. Snap is expecting to price its IPO after the US market closes on March 1, according to a confidential document reviewed by Reuters. Snap said in a filing on T ...More

EJ Insight2017-02-17

SoftBank to buy asset manager Fortress for US$3.3 bln

... e for New York-based Fortress, a 39 percent premium to the company’s Feb. 13 closing price, Bloomberg reports, citing a company statement. Fortress co-founders Pete Briger, Wes Edens and Randy Nardone ...More

EJ Insight2017-02-15

GM in talks to sell European auto business to Peugeot

... early New York trading. Shares in Fiat Chrysler Automobiles NV rose 3.9 percent as investors speculated that one consolidation play could lead to another. Fiat Chrysler chief executive Sergio Marchion ...More

EJ Insight2017-02-15

How a Western-educated fund manager became a democracy basher

... n the New York Times on why China’s political model is superior, followed by another piece in Foreign Affairs called The Life of the Party: The Post-Democratic Future Begins in China. His 2013 TED tal ...More

EJ Insight2017-02-14

Apple shares hit record on optimism over next iPhone

... ng in New York on Monday, the highest on record, Bloomberg reports. The increase valued Apple at about US$699 billion, making it the world’s most highly capitalized company. Google parent Alphabet Inc ...More

EJ Insight2017-02-14

Smart pill crisis in primary schools

... . The New York Times has a report on the rising use of smart drugs by American high school students in order to keep up with academic demands and get into Ivy League universities. These drugs have als ...More

EJ Insight2017-01-27

Dow tops 20,000 amid Trump policy hopes

... f the New York Stock Exchange as the market closed. The Dow industrials notched their first close above 19,000 on Nov. 22 amid the post-election rally that has sent the index up more than 9.5 percent ...More

EJ Insight2017-01-26

Roxy Theater is back after 40 years

... t had New York Theater, Capitol, Hoover, President, Isis and Tokyo. All these were sacrificed to trendy small shops that have driven up the rent sky-high in the past two decades. But now with Roxy bac ...More

EJ Insight2017-01-17

Trump vows 'major border tax' on foreign-made US products

... ce in New York City, Reuters reports. Since the Nov. 8 election, Trump has taken to Twitter to call out by name a number of manufacturers with both planned and existing operations outside of the Unite ...More

EJ Insight2017-01-12

Trump son-in-law Kushner to take key White House role

...  from New York and face inevitable questions about a potential conflict of interest. Senior transition officials and a lawyer for Kushner laid out the arrangement in a conference call with a small gro ...More

EJ Insight2017-01-10

Jack Ma tells Trump about plans for US businesses

... er in New York together. The president-elect told reporters they had a "great meeting" and would do great things together. Ma called Trump "smart" and "open-minded." He said the two mainly discussed s ...More

EJ Insight2017-01-10

China state tabloid scolds NYT for investigative reports

An influential Chinese state-run tabloid has chided the New York Times over its reporting practices after Apple Inc. removed the US newspaper's app from its China app store at the request of the Chine ...More

EJ Insight2017-01-06

How Zhengzhou transformed itself into ‘iPhone City’

The New York Times has published a long investigative story about how Zhengzhou's local government lured Foxconn to set up the world’s largest iPhone factory in the capital of Henan province with bill ...More

EJ Insight2017-01-05

Apple pulls New York Times app in China

Apple Inc. has removed the New York Times Co.'s news apps from its app store in China, following a request from the Chinese authorities. Apple removed both the English-language and Chinese-language ap ...More

EJ Insight2017-01-05

Qualcomm to invest in SoftBank’s technology fund

... mp in New York and pledged to invest US$50 billion in the US and create thousands of jobs. That money is expected to come from the new fund. The telecom company’s fund has gathered the US$100 billion ...More

EJ Insight2017-01-04

Russia’s hybrid war against the West

... , the New York Times reported, “Marion Maréchal-Le Pen, Marine Le Pen’s niece and a rising force in the National Front, tweeted, ‘I answer yes to the invitation of Stephen Bannon… to work together.” W ...More

EJ Insight2016-12-28

US accuses Chinese citizens of hacking law firms, insider trade

... on of New York-based Cravath, Swaine & Moore LLP, which represented Pitney Bowes in its 2015 acquisition of Borderfree Inc., one of the mergers in question. -- Contact us at [email protected] RA/CG ...More

EJ Insight2016-12-28

Jin Yong: A pioneer in the study of the Cultural Revolution

... g the New York Times, Voice of America and the BBC, all of which have run documentaries on the topic. In contrast, the mainstream media in the mainland and Taiwan have largely avoided it. Hong Kong ha ...More

EJ Insight2016-12-23

The rise of the middle class and China's democratization

... ty of New York in his book A Middle Class Without Democracy, the Chinese middle class may not follow the same historical pattern as their western counterparts. On the contrary, instead of becoming mor ...More

EJ Insight2016-12-20

US charges Platinum Partners executives with US$1 bln fraud

Top executives of New York-based hedge fund manager Platinum Partners were arrested and charged with running a US$1 billion fraud. Federal prosecutors said the case was "like a Ponzi scheme" as its la ...More

EJ Insight2016-12-20

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