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30d06/18

China’s US envoy calls for 10-fold rise in tariff-free trade under joint board

Chinese ambassador to the United States Xie Feng on Wednesday proposed to increase the limit of tariff-free goods under the newly created US-China Board of Trade from the existing US$30 billion to US$300 billion – a 10-fold rise in non-sensitive trade covered by the mechanism. Addressing a gathering at the US-China Business Council gala in Washington, Xie said he shared the view of “many friends from American businesses” that the tariff-free basket was “far from big enough”. “I cannot agree...

unclassifiedchina · asia · usa
30d06/18

Shanghai charts IPO path for cash-hungry AI labs racing against US

The Shanghai Stock Exchange (SSE) has clarified rules for unprofitable artificial intelligence model developers wanting to go public, as China’s large language model (LLM) firms scramble for fresh capital in an intense race with US labs. LLM developers can go public on the Shanghai bourse’s Star Market under a set of listing standards that require them to have an anticipated market cap of at least 4 billion yuan (US$591 million), as well as meeting certain criteria in terms of market potential,.

unclassifiedchina · asia
30d06/18

Retirement with the use of covered call income etfs and the use of ROC tax treatment

I've been running numbers last few months, something I enjoy dreaming. I'm 38 wife 35 and roughly in 20 years we will amass 500k+ brokerage account 1.5mil roth 401k About 500k roth accounts between the 2 of us. My thoughts are everybody really enjoys seeing those amazing monthly dividens but many dont understand how a ROC tax treatment is. So my thoughts is to at some point gift my 3 kids about 20k each of my brokerage account so they can realize the long term capital gains with there much lower

Socialunclassifiedsocial-signal
30d06/18

Japan’s Tokyo city male workers can wear shorts in summer. Some call it harassment

When Yuriko Koike was Japan’s environment minister in 2005, she was hailed by legions of salarymen as they shed ties and jackets in summer during the “Cool Biz” national energy-saving campaign that she helped to launch. Now, as Tokyo governor, Koike has taken the idea a step further: shorts in the office. In April, the Tokyo Metropolitan Government said it would allow male employees to turn up for work in shorts, and it urged businesses across the capital to adopt similarly relaxed dress...

unclassifiedchina · asia · japan
30d06/18

Our ancient enemy: scientists discover oldest-known plague outbreak

Scientists have found the oldest known evidence of the plague, which sparked deadly outbreaks dating back about 5,500 years ago – some 200 years earlier than previously thought. The disease has sickened humans for thousands of years and wiped out a significant chunk of Europe’s population in the 14th century during what’s known as the Black Death. Though rare, the plague is still around today and is treated with antibiotics. “To understand our own history, we believe that understanding the...

unclassifiedchina · asia · usa
30d06/18war-conflict · 3/5

Persistent heavy downpours expected to ease for Hong Kong’s Tuen Ng Festival

Hong Kong has been hit by more heavy downpours, with flooding risks persisting, but the Observatory expects conditions to improve during the Tuen Ng Festival. The Hong Kong Observatory cancelled an amber rainstorm warning at 9.25am on Thursday after it was issued following more than 30mm (1.2 inches) of rain within an hour. In Sai Kung East, hourly rainfall was expected to exceed 70mm. The forecaster said sunny intervals were likely to return on Friday afternoon despite strong winds and a few...

unclassifiedchina · asia · usa
30d06/18

Teen dies in horse carriage incident in New York’s Central Park

A teenager thrown to the ground Wednesday when a Central Park carriage horse bolted away from its driver has died, according to police. The 18-year-old was riding in the horse-drawn carriage with three other passengers when the accident happened just before 3pm, according to the New York Police Department. At least two passengers were sent flying out of the careening cab. The teenager was initially hospitalised in critical condition, while the other passengers refused medical treatment. The four

unclassifiedchina · asia
30d06/18war-conflict · 3/5

Green group urges Hong Kong to cut excessive e-commerce packaging waste

A leading green group has urged Hong Kong to align with coming national standards on excessive packaging, warning that the city generated at least 2.7 million kg (5.9 million lbs) of waste from e-commerce parcels last year. The call coincided with an online survey by non-profit group The Green Earth, which found that 60 per cent of respondents in Hong Kong considered parcel packaging excessive, while 76 per cent felt frustrated when handling the waste. Steven Chan Wing-kit, assistant...

unclassifiedchina · asia
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