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The ghosts of North Korea

... longed to unit 325 of the North Korean army. Another contained a tattered cloth that appeared to have once been part of a North Korean flag. Add to that the boats' dilapidated condition and lack of eq ...More

EJ Insight2015-12-31

Residential landlords begin adjusting rents amid sluggish market

After rental cuts on commercial properties, landlords in Hong Kong are also being forced to adjust the rents on some residential units due to the slowdown in the housing market. An apartment at the po ...More

EJ Insight2015-12-30

Evergrande to buy US$3.2 bln China assets from New World group

... a Land, a unit of Cheng's New World group, for 7.3 billion yuan. Meanwhile, Evergrande will also buy some properties in Shandong province from Cheng's privately-owned Chow Tai Fook Enterprises and som ...More

EJ Insight2015-12-30

North Point flats find buyers but at hefty discounts

... evel, the unit price is comparable to those in the New Territories, the Hong Kong Economic Journal reports. The owner was asking for HK$16.3 million in September but cut the price to HK$14.5 million t ...More

EJ Insight2015-12-29

Hanergy Thin Film emerges with vastly shrunken valuation

... he listed unit’s revenue during the past few years. The group’s business plan called for Hanergy Holding to make the panels in China, use some to develop domestic power projects and sell some back to ...More

EJ Insight2015-12-29

Police detain journalists, sparking concern about press freedom

... ion crime unit stopped the journalists -- one surnamed Yuen and the other, Lai -- near the MTR Central Station. Even after they showed the inspectors their press cards, they were asked to step out of ...More

EJ Insight2015-12-28

China economy: What lies ahead in 2016?

... using the unit to fall to a multi-year low. That has stoked market concerns for further currency depreciation. Some foreign financial institutions have been quite pessimistic. Some predicted that the ...More

EJ Insight2015-12-25

'One Belt, One Road' - hype or reality?

... elligence Unit estimated that the initiative will “lift the value of trade with more than 40 countries to US$2.5 trillion within a decade, spending nearly US$1 trillion of government money”. But what ...More

EJ Insight2015-12-25

HK luxury flat sold for over US$76 mln, marking new Asia record

... ves a new unit on the 46th floor of Henderson Land Development Ltd.'s (00012.HK) 39 Conduit Road tower, the Hong Kong Economic Journal reported. The apartment, which comes with a rooftop facility, has ...More

EJ Insight2015-12-24

Google plans 'smart' messaging app

... Google, a unit of Alphabet Inc., plans to integrate chatbots -- software programs that answer questions inside a messaging app -- the report said. Users will be able to text friends or a chatbot, whi ...More

EJ Insight2015-12-23

Six men arrested in suspected arson at Legco building

... the crime unit at Hong Kong Island Regional Headquarters immediately launched an investigation. More than 10 days of investigation involved going through about 2,000 hours of video footage taken by se ...More

EJ Insight2015-12-22

Toshiba plans job cuts, asset sale as it expects record loss

... ppliances unit, while 1,000 positions will be shed in its headquarters operations, the Wall Street Journal reported. The announcement came as the Toshiba said it expects a net loss of 550 billion yen ...More

EJ Insight2015-12-22

Cloud to play critical role as business disruptor in 2016

... new opportunities for their business to grow and at the same time save cost. The trend is moving towards companies wrapping up all of their multiple clouds into one single cloud that they can manage a ...More

EJ Insight2015-12-19

China's financial reforms will continue

... e Chinese unit will be included into the SDR basket, joining major currencies such as the US dollar and euro. It's a milestone for the yuan to become a global currency. It's also a sign that Beijing w ...More

EJ Insight2015-12-18

The Yellen hike: market verdict is coming

...  offshore unit has already hit the 6.5 level against the US dollar. The rate increase has complicated the old woes, like lukewarm growth, tepid export as well as fleeing domestic and overseas capital. ...More

EJ Insight2015-12-18

HK home prices cut in knee-jerk reaction to Fed rate hike

While the government's pledge earlier this year to increase the supply of new residential units has been expected to ease home prices, the US Federal Reserve's interest rate hike this week could be an ...More

EJ Insight2015-12-18

How to relieve Hong Kong of its housing woes

...  a rented unit into their thirties, even forties. The government should meet their needs by providing reasonable and sufficient alternatives for those who cannot afford a home or are not eligible for ...More

EJ Insight2015-12-17

Why tech bureau should take a page from ICAC

...  research unit of ICAC is a great role model. It reviews the policies of different government departments, searches for rules that might encourage bribery and gets them amended,” Wong says. “Similarly ...More

EJ Insight2015-12-17

Freedom of speech hits 'new low' in Thailand

... elligence Unit think tank said the military had become "quite sensitive" over any criticism and was anxious about what an eventual succession would bring. "The transition is very fragile because there ...More

EJ Insight2015-12-17

Japan, Korea test climate deal with new coal-powered plants

... search, a unit of ratings agency Fitch Group. South Korea did scrap plans for four coal-fired power plants as part of its pledge to the Paris summit but 20 new plants are still planned by 2021. In Jap ...More

EJ Insight2015-12-16

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