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Anbang Insurance sees global footprint in 10 years

... el in New York for US$1.95 billion and acquired two key Belgian assets.  Wu said the hotel will be redeveloped into a luxury residential project. Translation by Vey Wong -- Contact us at english@hkej. ...More

EJ Insight2015-02-05

Silk Road website operator convicted on US drugs charges

... o the New York Times. Ulbricht sold heroin, cocaine, LSD and other illegal drugs and goods in a hidden part of the internet, where deals are conducted anonymously and outside the scrutiny of law enfor ...More

EJ Insight2015-02-05

State media: Anbang aggressively bought Minsheng A shares

... o buy New York's Waldorf Astoria Towers last year in addition to its purchase of a Belgian bank and Belgian insurer FIDEA. Anbang has a complex ownership structure that has largely shielded it from pr ...More

EJ Insight2015-02-04

Doubts raised about China’s new wealthiest man

Alibaba's public squabble with Chinese regulators over fake goods being sold on its online platform has resulted in a dramatic change in the country's rich list. While shares of the New York-listed e- ...More

EJ Insight2015-02-03

Is Jack Ma a good role model for Hong Kong youth?

... n the New York bourse plunged on the news about counterfeit goods being sold on his online shopping mall Taobao. Sure, no one will argue that Ma's desire to "let everyone start their own business" is ...More

EJ Insight2015-02-03

What lies behind Alibaba’s Taobao fake goods tussle?

... ce in New York tumbled 4.5 percent during that day's trading and plummeted a further 9 percent the following day. The firm rules the roost in China’s online marketplace, commanding a market share of 8 ...More

EJ Insight2015-02-03

Minsheng Bank ex-chairman said be under graft probe

... ws, a New York-based portal which often carries gossipy items about the Chinese leadership. The reported move by the Commission for Discipline Inspection of the Central Committee of the Communist Part ...More

EJ Insight2015-02-03

Alibaba has a lot of fence mending to do with govt, customers

... n the New York Stock Exchange. On Wednesday and Thursday last week, Alibaba’s market value evaporated by US$33 billion. The decline in the stock price reduced the wealth of Jack Ma Yun, Ablibaba’s cha ...More

EJ Insight2015-02-02

Outrage in Japan as IS kills second hostage

Islamic State militants released a video showing the gruesome killing of Kenji Goto, a journalist who was the second of two hostages to be killed, prompting grief and outrage in Japan, The New York Ti ...More

EJ Insight2015-02-02

US tax plan targets profits stashed abroad

... o The New York Times. The budget also includes US$105 million for “trade adjustment assistance” to help workers who have been affected by free trade pacts, it said. Obama's latest tax proposals are pa ...More

EJ Insight2015-02-02

China accuses Alibaba of sloppy oversight on merchants

... nt in New York trading Wednesday. – Contact us at [email protected] FL/RC ...More

EJ Insight2015-01-29

JPMorgan reaped up to US$300 mln from Swiss turmoil

... t the New York-based bank to assess their position immediately and buy or sell the franc accordingly, the people said. JPMorgan, the world’s biggest investment bank, generated US$2.5 billion in fixed- ...More

EJ Insight2015-01-28

China closes door on western values

... y the New York Times in August that year, warned that power could escape the party's grip unless it eradicated subversive western currents coursing through Chinese society. “Western forces hostile to ...More

EJ Insight2015-01-27

Filipino maid wins New York photography scholarship

Xyza Bacani is as handy with a digital camera as with a broom. The Filipino nanny has won a scholarship to study photography at New York University this summer, Ming Pao Daily reported Tuesday. Bacani ...More

EJ Insight2015-01-27

What Krugman's visit means for Hong Kong

... gular New York Times column over Leung’s comment that civil nomination would cause Hong Kong to end up with bad politics and policies. Krugman ironically charged Leung with telling the truth about why ...More

EJ Insight2015-01-21

Tumblr eyes China as censors watch

... d The New York Times have been blocked for more than two years. Leading video site YouTube is also blocked, and the search site and email services operated by Google, which has a contentious relations ...More

EJ Insight2015-01-21

Pampered pooch to inherit a fortune

... eens, New York, says her children are getting more than Bella, her three-year-old pooch who stands to inherit a million-dollar fortune consisting of jewelry, a trust fund and a vacation home, accordin ...More

EJ Insight2015-01-19

Press freedom in HK under threat: US writers group

... ty, a New York-based writers' group said. In a report, the PEN American Center said cases such as assaults on journalists, news organizations censoring stories and advertisers shunning anti-establishm ...More

EJ Insight2015-01-16

Many Chinese remain cynical about anti-graft campaign: NYT

Many Chinese remain deeply cynical about whether President Xi Jinping can truly bring about a change in the behavior and ways of mainland officials despite the anti-graft campaign, the New York Times ...More

EJ Insight2015-01-16

Why Chinese stock investors are moving money home

... y the New York listing of of Alibaba Group Holding Ltd. in September, according to the Wall Street Journal. Gang Hu, an entrepreneur in Shanghai, sold his business last year and invested in a dozen US ...More

EJ Insight2015-01-16

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