An iconic Hong Kong restaurant has cut its staff by half as it attempts to stay afloat amid reduced business, joining the list of entities that have been hit hard by the months-long social unrest. The ...More
EJ Insight2020-01-07
A cloud of gloom hovered over the International Monetary Fund’s annual meeting this month. With the global economy experiencing a synchronized slowdown, any number of tail risks could bring on an outr ...More
EJ Insight2019-10-29
Over the past decade or so, Goldman Sachs Group has watched its annual trading profits fall 84 percent, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they h ...More
EJ Insight2019-10-18
The US Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic US and foreign banks that were originally introduced following the 2007-2009 ...More
EJ Insight2019-10-11
AB InBev raised about US$5 billion in a Hong Kong IPO of the brewer’s Asia-Pacific unit after pricing it at the bottom of a marketed range, Reuters reports. The IPO of the unit of Anheuser-Busch InBev ...More
EJ Insight2019-09-24
A protest march in Hung Hom and To Kwa Wan on Saturday passed without any major incident, prompting sighs of relief from authorities and local residents as well as the event organizer. The demonstrati ...More
EJ Insight2019-08-19
The District Court found former senior government official Wilson Fung Wing-yip guilty of misconduct in public office for accepting HK$510,000 from his lover, Macau businesswoman Cheyenne Chan Ung-iok ...More
EJ Insight2019-08-15
International Business Machines Corp. said it has closed its US$34 billion acquisition of software company Red Hat Inc., as it looks to ramp up its cloud computing business, Reuters reports. Underscor ...More
EJ Insight2019-07-10
The Stanley Prison, where I am now serving an eight-month jail sentence on charges related to the 2014 Occupy pro-democracy protests, has been notorious for the unbearable heat and poor ventilation in ...More
EJ Insight2019-06-28
Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, chief executive James Gorman said. Morgan Stanley, the sixth-larges ...More
EJ Insight2019-06-13
The District Court hearing the bribery case involving former government official Wilson Fung Wing-yip and Macau businesswoman Cheyenne Chan Ung-iok was told that the two defendants had been having a r ...More
EJ Insight2019-05-28
A scheme launched by the Hong Kong Housing Society (HKHS) in 2018 to ease the housing shortage has not been yielding positive results, and now the group is said to be in discussion with the government ...More
EJ Insight2019-05-22
A former government official who had been in charge of air service negotiations and air traffic rights went on trial on Monday in a corruption case, accused of taking more than half a million Hong Kon ...More
EJ Insight2019-05-21
Apple Inc. shares rose nearly 5 percent, pushing the iPhone maker’s market valuation back toward US$1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhon ...More
EJ Insight2019-05-02
Chinese drone maker EHang has delayed plans for a US initial public offering (IPO) and is instead looking to raise up to US$200 million in a private fundraising, Reuters reports, citing two people wit ...More
EJ Insight2019-04-02
The Federal Reserve’s stunning about-face on rate increases along with weak economic data has left a key part of the US Treasury yield curve close to levels at which the US central bank has in the pas ...More
EJ Insight2019-03-26
Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined US$100 million for due d ...More
EJ Insight2019-03-15
Hellman & Friedman and Blackstone have offered to buy online classifieds group Scout24 for 5.7 billion euros (US$6.4 billion), including debt, potentially the biggest takeover of a listed German c ...More
EJ Insight2019-02-15
Former Hong Kong leader Donald Tsang Yam-kuen vowed on Tuesday that he will continue efforts to clear his name even though he had already completed a reduced jail term for alleged misconduct in public ...More
EJ Insight2019-01-16
Bristol-Myers Squibb Co. said it will buy Celgene Corp. for about US$74 billion, combining two of the world’s largest cancer drug businesses in the biggest pharmaceutical deal ever, Reuters reports. B ...More
EJ Insight2019-01-04
