Tag: business
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Will Hong Kong continue to be the middle man when Apple releases the iPhone 8?
In front of Hysan Place mall that once bustled with trade in iPhones, a Hong Kong shopkeeper sits surrounded by dozens of boxes of Apple headsets, grumbling that business is grim – a domino effect of lack of demand from mainland China. Since 2008, hundreds of thousands of Apple devices were smuggled across the border…
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Imagine Entertainment sets $100M TV Financing Venture With Hong Kong’s TVB
Brian Grazer and Ron Howard’s Imagine Entertainment has struck a $100 million TV co-financing joint venture with TVB Venture, a unit of Hong Kong-based Television Broadcasts Ltd. (TVB), the companies announced on Wednesday. Early Wednesday morning, Brian Grazer and Ron Howard‘s Imagine Entertainment announced a $100 million television co-financing pact with TVB Venture, which works under…
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Myanmar’s Jade Possibly In Short Supply, Causes Prices In Hong Kong To Skyrocket
Hong Kong jade dealers have fallen on hard times, as concerns over a drying-up of jade from Myanmar cause prices to soar. A few years ago, a quality piece of Burmese jade at trade fairs in China cost about $2,700, said Li Qi, a Chinese jade trader who owns a shop in Hong Kong, and…
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Did Soros Just Predict a China Crash?
George Soros probably shouldn’t expect any warm invitations to Beijing — not with the much-reviled short seller warning of a giant Chinese crash. The billionaire first shook a major government in September 1992, when he led an attack on the British pound. For his role in humiliating London and forcing John Major’s government to exit…
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John McAfee: glad Intel dropping name from security software
John McAfee, the flamboyant millionaire who founded a pioneering anti-virus software company that Intel Corp bought for $7.7 billion, says he is glad that the chipmaker plans to drop his name from its products. Intel Chief Executive Brian Krzanich announced the decision to abandon the McAfee name late on Monday at the Consumer Electronics Show…
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Toyota Motor Corp : Toyota sells over 900,000 vehicles in China in 2013, beats sales target – executives
Toyota Motor Corp and its two local joint-venture partners sold more than 900,000 vehicles in China last year, two executives said on Monday, beating its annual sales target after tensions eased in a territorial row between Japan and China. Toyota Motor Corp and its two local joint-venture partners sold more than 900,000 vehicles in China last year,…
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Will Nu Skin Enterprises, Inc. (NUS) Shares Continue to Rise in 2014?
As 2013 draws to a close and many resolve to lose weight in the new year, weight management will require a year-round commitment. Evidence of this is the successful launch of the Nu Skin Enterprises, Inc. (NYSE:NUS) weight-loss product ageLOC TR90, which has sold briskly since its launch in September 2013. There are high expectations that the product’s success…
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Small business caught in Hong Kong property trap
Tucked away above the dazzling storefronts of Cartier and Jaeger-LeCoultre, The People’s Recreation Centre seems completely out of place. The cramped little Mao-themed bookshop has so far managed to hold out, despite finding itself wedged among the world’s most expensive retail space. Burberry, a fellow resident on Russell Street in Hong Kong’s Causeway Bay shopping…
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Hong Kong is the perfect launch pad for companies keen to tap Southeast Asian market
A seminar on “Fast Track to Expand Business with China and International Markets via Hong Kong” was jointly organised by Confederation of Indian Industry (CII) and Hong Kong Trade Development Council (HKTDC) on Friday. Sunny Chau, marketing manager, HKTDC regional office, Bangkok said that “Hong Kong is the perfect launch pad for Indian companies that…
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How Businesses Can Use the Internet to Successfully Tap into Asian Markets
For many businesses in the West, Asia offers a potential treasure trove of new markets. There are still cultural, linguistic and geographical barriers to overcome, but the internet has made these markets much more accessible. Three of the four countries with the most internet users are located in Asia. China alone has more than half…