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More stimulus needed to keep Chinese economic growth in place

China’s Communist Party has published a document in which it projects slower economic growth in 2016. Continued contraction in new real estate investment and exports means risks are tilted to the down ...More

EJ Insight2015-11-20

From Miss Canada to global property queen

“Many people believe a beauty pageant is all about ‘beauty’, but I think intelligence carries more weight than beauty,” said Andrea Eng (伍慧芬), Canada’s first Chinese representative at a global pageant ...More

EJ Insight2015-11-14

China 2020 plan looks familiar but some parts are interesting

China’s Communist Party has published a document about the 13th Five-Year Plan. The 17-page document provides more details about the blueprint for economic growth in the next five years than were foun ...More

EJ Insight2015-11-06

Former Rabobank traders convicted in US over Libor rigging

A federal jury found two former traders at Rabobank guilty of fraud in the first US trial arising from a global investigation into manipulation of Libor, the leading benchmark for pricing financial tr ...More

EJ Insight2015-11-06

Bank of America to sell US$87 bln fund unit to BlackRock

Bank of America Corp. has agreed to sell its US$87 billion money-market fund business to BlackRock Inc in one of the cash-management industry's largest deals ever, Reuters reported. The deal, whose te ...More

EJ Insight2015-11-04

Hello Kitty, goodbye Rolex: Hong Kong retail mix goes downmarket

When US luxury handbag maker Coach Inc. opened its four-story flagship store in the heart of Hong Kong’s Central district, it marked the occasion with a celebrity-studded, champagne-fueled party. Seve ...More

EJ Insight2015-10-28

Facebook makes trillions of older posts easier to find

Facebook users are being told to double-check their privacy settings after the social media network issued an update that allows third parties to access trillions of older posts from any public profil ...More

EJ Insight2015-10-27

How nurses saved China GDP growth from margin traders

The sector breakdown of China’s data for third-quarter gross domestic product shows it was higher output from public services that rescued growth from the impact of the equity market collapse. With g ...More

EJ Insight2015-10-23

China GDP data awaited with trepidation, skepticism

The markets are awaiting China’s data for third-quarter gross domestic product -- slated for publication Monday -- with a combination of trepidation and skepticism. Trepidation that the data might sh ...More

EJ Insight2015-10-16

China economic woes shift the narrative in Sino-US talks

Following the latest discussions between Chinese President Xi Jinping and his US counterpart Barack Obama, the momentum in the bilateral economic relationship is tipping away from Beijing. During the ...More

EJ Insight2015-09-29

Myanmar lost nearly US$20 bln in illicit money since 1960

Nearly US$20 billion flowed illegally out of Myanmar between 1960 and 2013, according to a report by Global Financial Integrity (GFI), a Washington, D.C.-based research and advocacy organization based ...More

EJ Insight2015-09-11

Will Xi encounter a tougher US stance during his visit?

President Xi Jinping’s impending state visit to the United States will focus attention on the widening differences between the two countries rather than their common interests, despite slowing economi ...More

EJ Insight2015-09-01

How a miscalculation added up for this startup entrepreneur

Teach English, pay off a student loan and leave. The plan was as straightforward as it gets but Tom Grundy somehow got sidetracked which is why he is still in Hong Kong years later.    It didn't occur ...More

EJ Insight2015-08-22

Ex-trader Hayes jailed for 14 years for Libor rigging

Former trader Tom Hayes has been sentenced by a London court to 14 years in jail after he was found guilty of conspiring to rig Libor benchmark interest rates. The jury of five women and seven men on ...More

EJ Insight2015-08-04

China must apply global standards to open up bond market

The global bond market has stepped into the bear territory, except for a handful of markets like India and China. That's why many foreign investors are keen to jump into China’s bond market. Its bond ...More

EJ Insight2015-07-30

Honeywell bags Melrose metering unit for U$5.1 bln

Honeywell International Inc. has agreed to buy the utility consumption metering business of Britain's Melrose Industries Plc. for about US$5.1 billion. It's the largest acquisition by Honeywell in mor ...More

EJ Insight2015-07-29

Obama says US to increase support for Syria opposition

President Barack Obama pledged to increase US support for the moderate opposition in Syria's civil war on Monday, Reuters reported. Speaking during a visit to the Pentagon, Obama also said the United ...More

EJ Insight2015-07-07

Affluent Chinese chasing stocks, not cars

The stockbroker is beating the car salesman in the battle for Chinese wallets, Bloomberg reported. With China’s benchmark stock index more than doubling in the past year, consumers like Tom Zhang are ...More

EJ Insight2015-06-08

Disney may roll out mobile technology at more parks

Walt Disney Co. may take its MyMagic+ program to the company's other theme parks after a positive experience with the mobile technology at the firm's flagship resort in Florida. "The folks who are say ...More

EJ Insight2015-05-22

David Letterman has left the building

He's outta here. After more than 6,000 broadcasts and 33 years in late-night television, David Letterman took the stage at the Ed Sullivan Theater for the final time on Wednesday. It was a mix of irre ...More

EJ Insight2015-05-21

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