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How Hong Kong can step up fight against money laundering

... elligence Unit (JFIU) of the Hong Kong police is in charge on the operational level, monitoring and analyzing any suspicious money transactions. Information from the JFIU shows the number of suspiciou ...More

EJ Insight2015-05-21

TVB aims to leverage Li Ruigang's contacts for business growth

... hich is a unit of the State-owned Assets Supervision and Administration Commission of the State Council, had recently bought a stake in Young Lion Holdings Ltd., the controlling shareholder of TVB. CM ...More

EJ Insight2015-05-21

Six banks fined over US$5.6 bln in forex probe

... n banking unit of a major American financial institution has pleaded guilty to criminal charges. It marks a major victory for the US Justice Department, which has often been accused of going soft on t ...More

EJ Insight2015-05-21

Tsinghua Unigroup to unveil takeover deal for HP unit

China’s Tsinghua Unigroup Ltd. is taking control of H3C, the Chinese networking unit of Hewlett-Packard Co. (HP). Tsinghua will announce on Thursday its acquisition of a 51 percent stake in H3C, the W ...More

EJ Insight2015-05-20

Uber group joins chase of Nokia map unit

... ile three United States private equity firms -- Hellman & Friedman, Silver Lake Management and Thoma Bravo -- are also in the running, the report said. The next round of bids for the map unit, kno ...More

EJ Insight2015-05-20

Up to 4.12% pay hike for Hong Kong civil servants

...  research unit of the Joint Secretariat for the Advisory Bodies on Civil Service and Judicial Salaries and Conditions of Service. The figures are disappointing, considering an inflation rate of over 6 ...More

EJ Insight2015-05-20

ECB to step up bond purchases in coming weeks

... h the the unit suffering its second biggest one-day fall in three and a half years, FT noted. Traders viewed the ECB official’s comments as an attempt to counter speculation that the central bank woul ...More

EJ Insight2015-05-20

Don’t waste your life for a 500 sq ft home

... . “In the United States, everybody has a dream," he said. "Their dream is to innovate and set up companies like Apple and Facebook; but in Hong Kong, the collective dream is to buy flats." Property ti ...More

EJ Insight2015-05-19

Taikoo Shing penthouse sets new sales record

A penthouse in Hong Kong's Taikoo Shing has been sold for HK$26.8 million, or HK$22,700 per square foot, setting a new transaction record for the residential estate in the Quarry Bay area. The unit at ...More

EJ Insight2015-05-18

China: Fox Hunt brought back 150 graft suspects this year

... stigation unit of the Ministry of Public Security, said a total of 100,000 economic crime cases involving nearly 192 billion yuan (US$30.96 billion) had been tackled, mainly involving the illegal fund ...More

EJ Insight2015-05-15

Govt urged to balance interests of power suppliers, users

... iday. The unit cost that HK Electric Investments Ltd. (02638.HK) charges users in the city is way below those of its counterparts in Singapore, London and Sydney, chairman Canning Fok Kin-ning said. T ...More

EJ Insight2015-05-15

StanChart mulls options for HK pensions business

...  equities unit and announced a further 2000 job cuts in its retail business. – Contact us at [email protected] FL/RC ...More

EJ Insight2015-05-15

Lee Kum Kee unit treats 12,700 staff to Thailand trip

Mainland direct selling company Infinitus China is set to organize a gigantic tour group of 12,700 people to Thailand, a move that will smash the record set by another Chinese firm which sent 6,400 of ...More

EJ Insight2015-05-14

Police face more questions over wrongful arrest of autistic man

... Office, a unit within the Hong Kong police that handles complaints against the force's officers. Meanwhile, it leveled fresh accusations of improper behavior by the officers who handled the arrest and ...More

EJ Insight2015-05-14

CITIC unit pays record HK$1.47 bln for Ma On Shan site

... sidential unit to cost about HK$18,000 to HK$20,000 per square foot. Some home sellers in nearby developments immediately raised their asking prices by about HK$300,000. Meanwhile, a commercial site i ...More

EJ Insight2015-05-14

HK firm makes statement as sole developer of NY condo tower

... eet, a 29-unit high-rise between Park and Lexington Avenues, according to the New York Times. Chinese companies have flocked to build in New York but typically partnered with local firms. In rare case ...More

EJ Insight2015-05-13

How Tencent uses WeChat to command entertainment space

... rtainment unit and former head of Tencent Video. Other firms staking a claim in China's online entertainment market include internet search leader Baidu Inc. and its online video unit iQiyi; Sohu.com ...More

EJ Insight2015-05-13

New i-Cable free-TV unit to get HK$1 bln start-up funding

Hong Kong cable operator i-Cable Communications Ltd. (01097.HK) will invest more than HK$1 billion (US$129 million) in the first six months of its new free-to-air television unit. The company expects ...More

EJ Insight2015-05-12

China Telecom unit in video network partnership with Tata

Tata Communications, a Mumbai-based telecommunications firm, said it has formed a new video network partnership with China Telecom Global, a Hong Kong-based unit of China Telecom Corp. Ltd. (00728.HK) ...More

EJ Insight2015-05-12

China railway firm to build rail, port projects in Russia

A unit of China Railway Construction Corp. Ltd. (CRCC) has signed a memorandum of understanding to build rail and port projects in Russia. The agreement was one of a series signed between China and Ru ...More

EJ Insight2015-05-11

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