Date
29 November 2017

BUSINESS

  • I was stopped by a man when I was heading to a talk in Wan Chai last weekend. The man wanted help as he has largely stuck to conservative old-economy counters and has totally missed the...
  • People in Asia are leading the way into the multi-screen era. Spending an average of 439 minutes per day in front of a screen – more than anywhere else in the world – Asian consumers are...
  • Microsoft has roped in business-software vendor SAP as a cloud partner, its latest effort at using alliances to challenge Amazon’s dominance in the fast-growing business segment, the Wall Street Journal reports. Under a deal announced Tuesday,...
  • Hong Kong’s red-hot stock market has taken a pause after stocks favored by southbound investors plunged on Monday. It’s reported that Chinese authorities have suspended approval of certain new mutual funds that are meant for investing...
  • IOTA, an open-source blockchain network, has teamed up with some of the biggest global corporate names led by Cisco Systems Inc., Volkswagen AG, and Samsung Group to launch what is aimed to be a secure marketplace...
  • Bitcoin crossed US$10,000 on Tuesday to hit a new record in some smaller exchanges and digital currency indexes, but remained just below that mark in major trading platforms, Reuters reports. On CEX.IO, which started out as...
  • More than 174 million US shoppers made purchases over Thanksgiving weekend and Cyber Monday, the National Retail Federation said on Tuesday, beating the industry group’s expectations and signaling a strong start to the holiday quarter, Reuters...
  • As the old trading adage goes, “trees don’t grow to the sky”; markets will correct at some stage. I previously said that economies all over the world were showing positive growth, which is rarely seen, pushing up...
  • Singapore’s Global Innovation Alliance (GIA) will launch an initiative in China, linking the technological landscapes of both countries.  In its 2016 report, the Committee on the Future Economy of Singapore recommended setting up the GIA which...
  • Large populations, rapid urbanization, growing wealth and consumers who are willing and increasingly able to shop online are driving the logistics sector in Asia. Asia is home to more than half the global population and more...

WORLD

  • North Korea fired an intercontinental ballistic missile (ICBM) into waters off Japan early Wednesday, in what is said to be its longest-range test yet of the weapon. According to the US Defense Department, its initial assessment...
  • Chinese childcare services provider RYB Education Inc. is embroiled in a child abuse scandal. At least eight parents have told police their children had fallen victim to abuse and molestation while attending RYB Xintiandi, a private...
  • It was Antibiotic Awareness Week earlier this month, and, as Chair of the UK government’s Review on Antimicrobial Resistance (AMR) under Prime Minister David Cameron, I participated in a number of events to draw attention to...
  • US authorities have charged three Chinese people for cyber-attacks on three firms, including Siemens and Moody’s Analytics, accusing the foreign nationals of stealing confidential business information. The hackers allegedly accessed Siemens’ computer networks and stole around...
  • The people of Hong Kong were shocked when news came out last week that former home affairs secretary Patrick Ho Chi-ping, along with the former foreign secretary of Senegal Cheikh Gadio, was arrested by US authorities...

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