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China SOE reform: Three strikes and you're out

... ulk cargo unit to Cosco Group. Both China Cosco and CSCL fell more than 26 percent, suffering their worst-ever decline, while former blue-chip Cosco Pacific fell 17 percent. China Shipping Development ...More

EJ Insight2015-12-15

A blogger shares how Airbnb nearly ruined his vacation

... aimed his unit was ready for occupancy. After much bargaining, Plato only got half of his money refunded. He called Airbnb’s resolution center. After a week, he hasn’t heard any reply from the company ...More

EJ Insight2015-12-14

Investment themes related to China’s smog

... ent opportunities. The government said it would spend 770 billion yuan (US$119.7 billion) to help reduce coal consumption, vehicular traffic, industrial pollution and other sources of air pollution. F ...More

EJ Insight2015-12-14

RMB internationalization has long way to go

The International Monetary Fund (IMF) announced late last month that China's yuan will be included in the fund's SDR currency basket from October next year. The Chinese unit will join the US dollar, e ...More

EJ Insight2015-12-12

How Chinese manufacturers are adjusting to the new normal

... and boost unit prices by up to 20 percent in recent years. Luzhou has developed new products on its own and become a sought-after partner for casual and mass footwear companies. With global brands exp ...More

EJ Insight2015-12-12

Currency concerns weigh on Chinese stocks

... clude the unit into the SDR basket next year. The yuan's slide has gathered pace with a five-day decline. In onshore trade, the unit shed another 260 points to 6.4422 against the dollar Thursday. Howe ...More

EJ Insight2015-12-11

Baby born inside taxi with police officers as midwives

...  tactical unit passed by and came forward to help. The male officers covered the windows of the taxi using their uniform jackets for privacy, while a female officer went in to assist in the delivery o ...More

EJ Insight2015-12-11

HK moves into global top 10 most expensive locations for expats

... the local unit has strengthened along with the greenback, pushing up the costs for those moving to the city from overseas.  In Asia, only Shanghai and Beijing -- which were placed in the 7th and 8th s ...More

EJ Insight2015-12-11

Beverly Hills unit in Tai Po sees 30% valuation loss in 4 years

A property at the upscale Beverly Hills housing complex in Tai Po has fetched a valuation that is nearly 30 percent lower compared to what the owner paid for the unit four years ago. In a secondary ma ...More

EJ Insight2015-12-11

Honda's US$4.5 mln business jet cleared by US for takeoff

...  aircraft unit said. The company has 25 planes in final assembly in North Carolina and is preparing for deliveries and pilot training. With leather seats for as many as seven passengers, the company b ...More

EJ Insight2015-12-11

Two masked men tagged in Legco rubbish bin fire, explosion

...  Disposal Unit arrived and the area was locked down for investigation. Police said they were looking for two men who might be involved in the fire and explosion. They vowed to conduct a more thorough ...More

EJ Insight2015-12-10

China markets: What should investors focus on now?

... ents, the unit has continued to fall in the market. If the trend continues, investors will withdraw more capital from China, leading to negative pressure on the stock market. China has to rely on dome ...More

EJ Insight2015-12-09

Burglar caught after climbing 20-foot road sign in Sai Wan Ho

... -lam, sub-unit commander (task force) of the Chai Wan police division, said her men have increased patrols in Lei King Wan after two burglaries, resulting in the loss of HK$25,000, were reported in th ...More

EJ Insight2015-12-09

RMB seen softening further in next three months

Financial sector professionals mostly expect China's renminbi to weaken in the next three months, with the unit seen hitting the 6.55 level against the US dollar by the end of March. In a survey condu ...More

EJ Insight2015-12-09

Air France flight diverts to Montreal on anonymous threat

... ’s Condor unit made an unscheduled landing in Budapest on Monday after receiving a bomb threat. Officers found no bombs on board the aircraft, which had departed from Berlin bound for the Red Sea reso ...More

EJ Insight2015-12-09

Yahoo will not spin off Alibaba stake, weighs core business sale

...  internet unit focusing on growing mobile, video and social media ads, Reuters reported. Yahoo's shares rose more than 2 percent in after-hours trading, while Alibaba's stock was up 1.3 percent. Yahoo ...More

EJ Insight2015-12-09

Consumer Council warns against meat laced with antibiotics

...  diseases unit in the University of Hong Kong, welcomed the Consumer Council's move. He said antibiotics for treating sick animals are similar to those used in humans. Their random use or misuse in me ...More

EJ Insight2015-12-08

Social experiment for elderly housing under way

Hong Kong's social experiment with rent-for-life flats for the elderly gets under way with the start of application for the first batch of units. Applications will be accepted until Dec. 22 for the Ta ...More

EJ Insight2015-12-08

Debt-strapped Singapore builders face bleak prospects

... anagement unit in Singapore. “Hence, we have not recommended their bonds.” The yield on Tat Hong’s 2018 local-currency debt rose to 6.09 percent on Dec. 7, according Bloomberg data, versus 4.5 percent ...More

EJ Insight2015-12-08

Yuan inching toward world reserve currency status

China's renminbi is on course to become a world reserve currency after its inclusion in the International Monetary Fund's Special Drawing Rights (SDR) basket. The inclusion of the Chinese unit in the ...More

EJ Insight2015-12-08

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