The Japanese government announced on Tuesday that it will promote space-related startups in the country by offering them monetary assistance via a 100 billion yen (around US$940 million) fund. The fin ...More
EJ Insight2018-03-23
South African media and e-commerce group Naspers is cutting its stake in Chinese internet giant Tencent Holdings (0700.HK) by up to 2 percent in a deal that could net the firm about US$11 billion. Nas ...More
EJ Insight2018-03-23
Hong Kong’s Financial Reporting Council (FRC) is mulling over an overhaul to make local auditors shift from a self-regulatory to an independent regulatory regime. That would put Hong Kong on par with ...More
EJ Insight2018-03-22
The government is likely to change course and give cash handouts to specific groups of people after its budget plan for the next fiscal year drew criticism that it ignored those in need of relief, the ...More
EJ Insight2018-03-22
More new-economy firms are following the big players that have succeeded in listing with dual-class share structure. It behooves Hong Kong to introduce weighted voting rights in order to lure more hig ...More
EJ Insight2018-03-22
Meredith Corp said on Wednesday that it will explore a sale of Time, Sports Illustrated, Fortune and Money magazines as it seeks to streamline its operations following the acquisition of Time Inc. The ...More
EJ Insight2018-03-22
Chinese internet giant Tencent has struck a strategic partnership with videogame developer Ubisoft Entertainment, a deal that includes the acquisition of a small stake in the French firm. Ubisoft anno ...More
EJ Insight2018-03-21
Hong Kong's Securities and Futures Commission (SFC) has stopped an initial coin offering (ICO) and ordered the issuer to refund investors, the first time the city's regulator blocked this new way of f ...More
EJ Insight2018-03-20
Village Global, an early-stage venture capital firm based in the US, has raised US$100 million for its seed fund, securing the backing of some of the world’s best entrepreneurs, including Facebook fou ...More
EJ Insight2018-03-20
A number of events took place in the banking sector recently, and they all seem to be closely connected. First is the merger of the China Banking Regulatory Commission (CBRC) and China Insurance Regul ...More
EJ Insight2018-03-15
China's securities regulator has slapped a record 5.5 billion yuan (US$871 million) fine on a Xiamen-based firm for manipulating share prices of some Shenzhen-listed firms. The China Securities Regula ...More
EJ Insight2018-03-15
The decade since the global financial crisis has been tumultuous, to say the least. True, no great war has erupted, and we have more or less avoided the mistakes of the Great Depression, which led in ...More
EJ Insight2018-03-14
China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years, Reuter ...More
EJ Insight2018-03-13
The Hong Kong government, in its recent budget, has allocated more than HK$50 billion to promote the growth of innovative and technology enterprises. The spending, up five-fold compared to such outlay ...More
EJ Insight2018-03-13
As part of initiatives to take Hong Kong into a new era of smart banking, the Hong Kong Monetary Authority (HKMA) last month issued an update on a guideline related to authorization of virtual banks, ...More
EJ Insight2018-03-12
