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Chinese internet tycoons closing in on Li Ka-shing

...  software unit Cheetah Mobile (CMCM.US). So, what kind of conclusions can we draw from all this, and where are these tech titans likely to be this time next year? It's no coincidence that the top thre ...More

EJ Insight2015-04-22

Man busted after trying to make others pay for parking tickets

... nal crime unit said forgery is a serious crime and offenders could be jailed up to 14 years. -- Contact us at [email protected] EL/AC/RA ...More

EJ Insight2015-04-22

Chinese state-owned firm defaults on bond payment

Baoding Tianwei Baobian Electric Co., a unit of China South Industries Group Corp., has become China's first state-owned company to default on domestic debt. The power-equipment manufacturer failed to ...More

EJ Insight2015-04-22

Lugard Road building conservation project faces new uncertainty

... sidential unit for rental or for a museum, with a view to strike a balance between business interests and conservation. A spokesperson at Crown Empire said the property has already seen a huge amount ...More

EJ Insight2015-04-21

Hutchison receives near-100% support for merger plan with parent

...  business unit spin-off plan is also approved by shareholders after the landmark merger of Li's flagship firms. In response to a shareholder's concerns over the future, Li said the merged group will c ...More

EJ Insight2015-04-21

Tencent unit teams up with BEA to take on Alibaba's MYbank

... e Alibaba unit that runs the country’s most popular online payment service Alipay, MYbank will be a tough rival for Tencent and BEA, as Alipay owns the most comprehensive data about mainland internet ...More

EJ Insight2015-04-21

GE in talks to sell commercial lending unit

... financial unit not long after the company said it would get out of banking amid widespread investor discontent and growing regulatory burdens. General Electric has said it would sell off US$200 billio ...More

EJ Insight2015-04-21

30 sq ft unit snapped up for HK$2,500 monthly rent

Owners of subdivided flats are becoming increasingly creative in generating revenue from every inch of space, Sky Post reported Monday. The newspaper found advertised online a unit in a subdivided fla ...More

EJ Insight2015-04-20

China approves first domestically designed nuclear reactor

... nstration unit of the Hualong-1 nuclear reactor, the report said, citing an official statement. The reactor, which has been jointly developed by state-backed nuclear companies, is expected to be built ...More

EJ Insight2015-04-16

Maxim’s unit fined HK$7,000 for cockroach found in food

Fast food chain Can.teen, which is owned by Maxim’s Group, has been fined HK$7,000 (US$903) after a cockroach was found in a lunch box. The company pleaded guilty to a charge of breaking environmental ...More

EJ Insight2015-04-15

Nokia buys Alcatel-Lucent in all-share deal

... e network unit, a smaller map unit and a bunch of technology patents. JPMorgan advised Nokia on the takeover, and boutique investment bank Zaoui & Co. advised Alcatel-Lucent. Separately, Nokia con ...More

EJ Insight2015-04-15

China Resources said to mull retail assets revamp

... he listed unit accounts for two-thirds, the report said, citing analysts. The listed company halted trading of its shares last week due to an impending announcement. There had been some speculation in ...More

EJ Insight2015-04-15

IBM forms health unit, teams up with Apple, J&J

International Business Machines Corp., in partnership with Apple, is creating a unit dedicated to providing data analytics to the healthcare sector. Its new Watson Health unit will make use of health ...More

EJ Insight2015-04-14

Nokia nears deal to buy Alcatel-Lucent mobile networks unit

Finland's Nokia Oyj is close to a deal to buy Alcatel-Lucent's mobile networks unit that will boost its core business, especially in the United States and China. An announcement could come anytime soo ...More

EJ Insight2015-04-14

Former Kaisa chairman reappointed

...  property units, and one of its shareholders, Sino Life Insurance Co., extended a 1.377 billion yuan (US$222 million) loan to the developer, the newspaper said. “Following recent news about a partial ...More

EJ Insight2015-04-13

Thousands protest in Heyuan over coal-fired power plant project

... wer plant unit will not cause pollution. Residents had complained of smog in Heyuan city since the power plant there began operations in 2008. But officials recently approved a second phase for the pr ...More

EJ Insight2015-04-13

Mini storage operators warned on land use violations

... ee if the unit had been subdivided into small flats for rental, but the inspection yielded no such evidence. The Lands Department said it has sent out warning letters to owners of four premises in Kwa ...More

EJ Insight2015-04-10

Why this DCH unit is a potential game changer

Dah Chong Hong Holdings (01828.HK) has a conservative, old-school image but its new e-commerce venture could change that. At present, the two major businesses of the 66-year-old group -- food trading ...More

EJ Insight2015-04-10

Pet shop owner leaves 100 reptiles after failing to pay rent

...  back the unit after the tenant failed to pay the rent for two consecutive months. As the tenant or any of his staff was not around, Sung called the police after she found a dog and over 100 reptiles, ...More

EJ Insight2015-04-09

Thieves steal safe in biggest HK public housing theft

Thieves broke into a flat in a Hong Kong public housing estate and made off with HK$1.2 million (US$155,000) worth of valuables.  The occupants of the unit in Sheung Tak Estate in Tseung Kwan O distri ...More

EJ Insight2015-04-09

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