Hong Kong is a city of entrepreneurs. It is not surprising that a lot of games are developed there, and especially mobile. Back in 1999, fellow students from the University of Hong Kong Marti Wong Kwok-hung and Starsky Wong created the game Little Fighter 2. It had become so popular that the university servers could not coped with the influx of people wanting to download the app and. The game...

The study reported that, despite the high-tech companies’ loud statements on launches of new mobile payment services, cash still remains the main mean of payment. 65% of payments in shops of the British supermarket chain is made in cash. The study says that this proportion has not changed for the...

The European Commission has promulgated a set of measures that should tighten recommendations to provide a country-by-country reporting by multinational corporations. Recall that the recommendations had been already approved by the OECD countries and the G20. In particular, it is proposed to openly publish data on profits and taxes paid in every EU country, as well as in offshores and low tax...

The volume of Chinese investment in the US reached a record level last year. There was $ 15 billion injected in the American economy in spite of many politicians’ appeals to tighten control over the purchase of local assets by Chinese companies. According to forecasts, the volume of Chinese investment could grow by half in 2016 - to $ 30 billion. While the Chinese prefer to buy commodities in...

The era of multi-million dollar deals is coming to an end. The number of large transactions worth more than $ 5 billion in the first quarter of 2016 fell by 24% compared with the beginning of 2015. Partially, the deterrent effect also comes from the uncertainty in world markets, the slowdown of emerging economies, and the tightening of the rhetoric on the part of the antitrust and tax...

Dubai real estate developer Emaar Properties unveiled plans to build a new skyscraper. The new building is intended to rise higher than the world-famous "Burj Khalifa", height of 829.8 meters. The newly announced skyscraper, according to the plans of the developer, will be built by 2020 World's Fair. At a presentation of the new project held on Sunday, chairman of Emaar Properties, Mohamed...

London developers are finding it increasingly difficult to sell finished and under-construction residential real estate. The difficulties are cased by a sharp drop in demand from foreign luxury buyers. That is why companies engaged in building luxury real estate in the center of the British capital, are now offering discounts up to 20%. It is even possible to get a discount up to 30% in some...

In today’s world, copper can be considered a precious metal, and major companies from the metallurgical sector understand this. Anglo American and Glencore are willing to sell assets related to iron ore or coal, yet they still stick to copper. The whole reason is that the world would face a serious shortage of copper by the end of this decade, caused by the fall in the sector investment occurred...

According to the bank’s analyst Kamakshya Trivedi, the Asian currencies will again begin to decline against the backdrop of further decline of the Chinese and Japanese economies, bringing the renminbi and the yen to their lowest since 2008. Kamakshya Trivedi is famous for his prediction made in November last year, when he accurately foresaw the emerging markets’ rapidly recover at the beginning...