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GM to pay US$900 mln to settle US case on ignition switches

... ed in New York have been investigating GM since at least March 2014 over the company's disclosures to regulators about vehicles equipped with the faulty ignition switches. The ignition switches on Che ...More

EJ Insight2015-09-17

What's behind London's attraction to Asian property buyers

... ed by New York (US$3.7 billion) and Sydney (US$2.2 billion) during the first half, according to real estate group CBRE.  London alone accounted for 20 percent of US$19 billion in Asian outbound invest ...More

EJ Insight2015-09-16

Corruption in China: This will blow your mind

... n The New York Review of Books. “That's eight million people." "Then add in family members, who the Wen Jiabao (溫家寶) case suggests may well also be corrupt. With a spouse, the figure becomes 16 millio ...More

EJ Insight2015-09-15

Credit Suisse to pay US$80 mln in dark pool settlement

... o the New York Attorney General. Dark pools, where supply and demand is kept private and only details of executed trades are made public, account for nearly one-fifth of trading in the US$23 trillion ...More

EJ Insight2015-09-15

Deutsche Bank aims to cut a quarter of workforce

... ndon, New York and Frankfurt, the source said. PostBank has about 15,000 positions, pointing to roughly 8,000 layoffs at Deutsche once the unit's spinoff is completed as planned in 2016. Cryan aims to ...More

EJ Insight2015-09-15

Ex-propaganda official buys NYT full-page ad on Xi visit

A former Beijing propaganda official has splashed out US$100,000 on a full-page advertisement in the New York Times to "warmly welcome" President Xi Jinping in his upcoming US visit. Zhu Daping, chair ...More

EJ Insight2015-09-14

Haunting images capture plight of foreign maids in HK

...  wins New York photography scholarship ...More

EJ Insight2015-09-12

Jockey Club manager or Michael Chugani: Which one misspoke?

... m the New York colony, say, might take part in a race in a city in California, the home of its own colony. That is why a British jockey, the netizen said, may be confused when he first hears the word ...More

EJ Insight2015-09-11

Fed liftoff has futures and economists at odds for next week

... li, a New York-based interest-rate strategist at BMO Capital Markets. “This means there is one subset of investors that is probably really wrong,” he said. “That should mean you’ll get some sort of co ...More

EJ Insight2015-09-11

New US policy on corporate wrongdoing under fire

... ch at New York University School of Law that companies must be more willing to give up their own officers or employees, not hide people's crimes when authorities start asking questions. "We're not goi ...More

EJ Insight2015-09-11

Didi Kuaidi closes US$3 bln funding round

... . and New York hedge-fund manager Coatue Management LLC. The Chinese startup’s latest round is the largest equity funding globally in a single placement for a private tech startup, according to Dow Jo ...More

EJ Insight2015-09-10

US bids to stop Russia Greek flights amid Syria ‘build-up’

... . The New York Times reported on Sept. 5, citing unidentified US administration officials, that Russia filed military overflight requests with neighboring countries through September as it stepped up ...More

EJ Insight2015-09-08

How China slowdown could burst the art bubble

... ch as New York, London, and Vancouver. Forget gold as an inflation hedge; buy paintings. What made Fink’s elevation of art to investment-grade status so surprising is that no one of his stature had be ...More

EJ Insight2015-09-07

Specified growth index needed for Pearl River Delta region

... , the New York metropolitan area includes five districts of New York City and 26 counties in the states of New York and New Jersey along with neighboring areas, Connecticut and Pennsylvania. The regio ...More

EJ Insight2015-09-05

Microtransit takes off as commuters embrace 'Uber for buses'

...  from New York City to San Francisco in 2010 without a car. As a daily commuter, he once tried riding Muni, the bus and streetcar system run by the San Francisco Municipal Transportation Agency, but  ...More

EJ Insight2015-09-04

This is where the future lies for Asian authors

... pular New York Times columnist like Thomas Friedman and writers from Britain and the US. One can bring up the likes of Asian-American author Amy Tan but she is one of the exceptions rather than the ru ...More

EJ Insight2015-09-03

Google revamps logo to make it mobile-friendlier

... ed in New York to begin the project in a week-long sprint, the company said on its site. The company wanted the new logo to work well in constrained spaces and maintain consistency across many product ...More

EJ Insight2015-09-02

America experiments with smarter ways to combat crime

... es at New York City’s Rikers Island Correctional Facility, was not so effective. Last month independent evaluators concluded that the program had not met New York City’s targets. But, far from being a ...More

EJ Insight2015-09-01

China expands crackdown on Christianity to Hong Kong

... , the New York Times reported. In recent months, Chinese officials have barred mainland residents from attending some religious conferences in Hong Kong, increased oversight of mainland programs run b ...More

EJ Insight2015-09-01

Chemicals and corruption: How the Tianjin tragedy unfolded

... o The New York Times.  Rui Hai offered lower prices, a no-hassle approach to paperwork and quick government approvals. Business was brisk. It seemed like another success story for the Binhai New Area ...More

EJ Insight2015-08-31

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