• Typhoon Hato batters HK, streets flooded, flights cancelled, trading halted

    Typhoon Hato batters HK, streets flooded, flights cancelled, trading halted

    Typhoon Hato, a maximum category 10 storm, slammed into Hong Kong on Wednesday lashing the Asian financial hub with destructive winds and waves which uprooted trees, flooded streets and forced most businesses to close. More than 400 flights were cancelled, financial markets suspended and schools closed as Hato bore down on the city, the first [...]

    24-Aug-2017 Intellasia | Reuters | 6:00 AM
  • US targets Chinese, Russia entities for helping N Korea

    US targets Chinese, Russia entities for helping N Korea

    The United States on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang’s weapons programmes, but stopped short of an anticipated focus on Chinese banks. The US Treasury designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. They included a Namibia-based subsidiary of [...]

    24-Aug-2017 Intellasia | Reuters | 6:00 AM
  • Remains of US sailors found on warship that collided off Singapore

    Remains of US sailors found on warship that collided off Singapore

    Divers have found the remains of some of the 10 sailors who went missing when a US destroyer collided with a tanker off Singapore, the navy said Tuesday, the latest deadly accident involving an American warship. The US Navy has announced a fleet-wide global investigation after the incident Monday involving the USS John S. McCain [...]

    24-Aug-2017 Intellasia | AFP | 6:00 AM
  • China urges US to fix ‘mistake’ of sanctioning firms over N Korea

    China urges US to fix ‘mistake’ of sanctioning firms over N Korea

    The United States should “immediately correct its mistake” of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation, a Chinese embassy spokesman said on Tuesday. Washington announced new North Korea-related sanctions on Tuesday, targeting Chinese and Russian firms and individuals for allegedly facilitating Pyongyang’s weapons programmes. “China opposes unilateral sanctions out [...]

    24-Aug-2017 Intellasia | Reuters | 6:00 AM
  • Tillerson says talks with N Korea may be close, notes ‘restraint’

    Tillerson says talks with N Korea may be close, notes ‘restraint’

    The United States said Tuesday that talks with North Korea may be possible “in the near future” after Pyongyang reacted to tough new UN sanctions with a level of restraint. But, in keeping with a “dual track” strategy of reaching out to the North diplomatically while increasing economic pressure, Washington also imposed new sanctions on [...]

    24-Aug-2017 Intellasia | AFP | 6:00 AM
  • N Korea will never surrender nuclear arms, says envoy

    N Korea will never surrender nuclear arms, says envoy

    North Korea’s self-defensive nuclear deterrence arsenal will never be on the negotiating table, a Pyongyang envoy said on Tuesday. Ju Yong Chol, a North Korean diplomat, spoke at a UN-sponsored Conference on Disarmament after the US disarmament ambassador Robert Wood said that President Donald Trump’s “top priority” was to protect the United States and its [...]

    24-Aug-2017 Intellasia | Reuters | 6:00 AM
  • Judgment day looms for Thai ex-PM Yingluck and Shinawatra clan

    Judgment day looms for Thai ex-PM Yingluck and Shinawatra clan

    Clobbered by coups and courts, Thailand’s Shinawatra political dynasty is bracing for another withering blow in its decade-long power struggle with the kingdom’s establishment as judges decide whether to convict the clan’s ex-premier Yingluck. The Supreme Court will on Friday rule if Yingluck is guilty of criminal negligence over a rice subsidy that showered cash [...]

    24-Aug-2017 Intellasia | AFP | 6:00 AM
  • China allegedly planted its flag on Philippine territory

    China allegedly planted its flag on Philippine territory

    Magdalo Party-list Representative Gary Alejano claims it has been almost a month since China planted its flag in an area seven nautical miles northeast of Kota Island. The lawmaker has expressed grave concern after receiving new information about the matter. Alejano said, since the Department of Foreign Affairs (DFA) remains mum on the said issue, [...]

    24-Aug-2017 Intellasia | UNTV | 6:00 AM
  • Japan minister sees unity with Trump, pressure on N. Korea

    Japan minister sees unity with Trump, pressure on N. Korea

    Japan’s new foreign minister is a reputed renegade, famous for bashing his ruling party’s policies with stands against nuclear power and for stricter checks on foreign aid. Taro Kono, appointed earlier this month, said he won’t abandon his pet issues, but will make sure to send a united message when representing his country to the [...]

    24-Aug-2017 Intellasia | Miamiherald | 6:00 AM
  • N Korea reveals missile plans as Kim orders production boost

    N Korea reveals missile plans as Kim orders production boost

    North Korea revealed plans for the development of its missile programme on Wednesday, as leader Kim Jong-Un ordered stepped-up production of rocket engines and intercontinental ballistic missile (ICBM) nosecones. Under Kim, Pyongyang has made rapid strides in its ballistic missile technology, which it is banned from pursuing under United Nations resolutions that have slapped it [...]

    24-Aug-2017 Intellasia | AFP | 6:00 AM
  • US, N Korea clash at UN forum over nuclear weapons

    US, N Korea clash at UN forum over nuclear weapons

    North Korea and the United States clashed at a UN forum on Tuesday over their military intentions towards one another, with Pyongyang’s envoy declaring it would “never” put its nuclear deterrent on the negotiating table. Japan, well within reach of North Korea’s missiles, said the world must maintain pressure on the reclusive country to rein [...]

    24-Aug-2017 Intellasia | Reuters | 6:00 AM
  • N Korea Hints It Is Developing More Advanced Ballistic Missiles

    N Korea Hints It Is Developing More Advanced Ballistic Missiles

    North Korea’s state news media released a photograph Wednesday suggesting that the North was working on a more powerful solid-fuel ballistic missile, and said the country’s leader, Kim Jong-un, had ordered the production of more rocket engines and warheads. Unlike liquid-fuel rockets, solid-fuel missiles do not have to be loaded with fuel just before launching, [...]

    24-Aug-2017 Intellasia | NY Times | 6:00 AM

Society

Metropole Hanoi unveils new charitable mooncake collection

Metropole Hanoi unveils new charitable mooncake collection

To celebrate the annual Mid-Autumn festival, Sofitel Legend Metropole Hanoi is launching their legendary mooncake collection at L’Epicerie du Metropole from Aug. 29 to Oct. 4. This season’s gourmet highlights include eight delectable mooncakes ranging from classic creations such as Traditional Mix, Lotus Seed and Young Rice, and Black Sesame with Coconut to more modern [...]

Vietnam’s president calls for tougher internet controls

Vietnam’s president called on Sunday for tougher controls on the internet in the face of dissidents who are using it to criticise the ruling Communist Party, and to combat threats to cybersecurity. Vietnam’s government has stepped up a crackdown on activists this year, but despite the arrest and sentencing of several high profile figures, there [...]

Dengue fever outbreak in Vietnam sends thousands to hospitals

Dengue fever outbreak in Vietnam sends thousands to hospitals

Dozens of patients have been admitted to a hospital in the Vietnamese capital amid an outbreak of dengue fever, representing just a fraction of the thousands of dengue cases nationwide. About 100 patients, including children, were in Thanh Nhan hospital’s dengue fever ward, with extra beds having been set up in the lobby. The condition [...]

Health

Dengue fever outbreak in Vietnam sends thousands to hospitals

Dengue fever outbreak in Vietnam sends thousands to hospitals

Dozens of patients have been admitted to a hospital in the Vietnamese capital amid an outbreak of dengue fever, representing just a fraction of the thousands of dengue cases nationwide. About 100 patients, including children, were in Thanh Nhan hospital’s dengue fever ward, with extra beds having been set up in the lobby. The condition [...]

Vietnam battles dengue outbreaks with 42pct more cases

Vietnam battles dengue outbreaks with 42pct more cases

Vietnam has been battling raging dengue fever outbreaks with more than 10,000 new infections reported over the past week stretching its medical system. The number of admitted patients represents a 42-percent increase over the same period last year along with seven more deaths, the Ministry of Health said Friday. A total of 90,626 people have [...]

China confirms bird flu outbreak at quail farms in Guizhou province

China confirmed a bird flu outbreak at quail farms in the country’s southwestern province of Guizhou, according to a Ministry of Agriculture statement on Friday. The outbreak in Luodian, a city of 345,000 people in southwestern Guizhou, was confirmed as the H5N6 strain of virus, the ministry said in the statement on its website. The [...]

FinanceAsia

CrowdStrike Expands Operations in APAC and Achieves Strong Growth in First Half of 2017

CrowdStrike Expands Operations in APAC and Achieves Strong Growth in First Half of 2017

Company broadens footprint in Singapore, New Zealand, India and Northern Asia; appoints key hires in Asia Pacific Region SYDNEY–(BUSINESS WIRE)–CrowdStrike® Inc., the leader in cloud-delivered endpoint protection, today announced the rapid expansion of its Asia Pacific (APAC) operations on the heels of triple-digit bookings growth. The company has established offices and headcount in key markets [...]

Asian stock markets gain on US tax plan hopes

Asian stocks mostly rose Wednesday, extending a global equities rally driven by growing optimism over a US tax reform plan and as investors look ahead to a key central bankers meeting. Markets have bounced back after struggling in recent weeks due to the continuing standoff between the US and North Korea, which has been compounded [...]

MHI Launches Latest “roomiest” Humidifier Lineup

- Includes 5 Fan-powered Steam Units, 3 Hybrid Evaporative Warm-mist Systems, 4 Limited-edition E-commerce Models – TOKYO, Aug 23, 2017 – (JCN Newswire) – Mitsubishi Heavy Industries (MHI) will launch its latest 2017 lineup of “roomiest” humidifiers for the Japanese market, available from September 1. The lineup consists of eight models, including four limited-edition models [...]

Regional

US targets Chinese, Russia entities for helping N Korea

US targets Chinese, Russia entities for helping N Korea

The United States on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang’s weapons programmes, but stopped short of an anticipated focus on Chinese banks. The US Treasury designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. They included a Namibia-based subsidiary of [...]

US Navy to relieve Seventh Fleet commander after collisions in Asia: source

The US Navy will relieve Seventh Fleet Commander vice Admiral Joseph Aucoin after a series of collisions involving its warships in Asia, a US official told Reuters, as the search goes on for 10 sailors missing since the latest mishap. The move to replace Aucoin comes days after a pre-dawn collision between a guided-missile destroyer [...]

Burma’s startups map past, shape future with virtual reality

Gasps echo across the hall as the Myanmar school kids trial virtual reality goggles, marveling at a device that allows some of Asia’s poorest people to walk on the moon or dive beneath the waves. “In Myanmar we can’t afford much to bring students to the real world experience,” beamed Hla Hla Win, a teacher [...]

China

Family of Chinese scholar missing in Illinois asks Trump for help

Family members of a Chinese scholar presumed kidnapped in Illinois asked President Donald Trump on Tuesday to provide additional resources to help find her. Yingying Zhang, a 26-year-old visiting scholar to the University of Illinois from southeastern China, disappeared on June 9. Police believe Zhang is dead, although no body has been found. Brendt Christensen, [...]

If a crisis shuts down the South China Sea, here are the losers and a few winners

Several industries are trying to assess what open confrontation in the South China Sea would cost them, and a lot of them don’t like what they’re finding. The world’s second-largest economy is getting more wary and more vocal in its opposition about increased US naval patrols along the vast body of water, which holds some [...]

Trump’s N Korea strategy proves he’s more than willing to alienate Russia and China

The White House isn’t afraid of angering potential partners in its quest to pressure North Korean leader Kim Jong Un into denuclearisation, experts said. The Treasury Department on Tuesday announced new penalties against 10 entities and six individuals, mostly Chinese and Russian, for providing support to North Korea in ways that aided the rogue state’s [...]

Malaysia

KL2017: Malaysia has already done its best to resolve Indonesian flag issue, says KJ

: Malaysia believes it has already done its best to resolve the issue of the upside-down Indonesian flag printed in the Kuala Lumpur Sea Games (KL2017) souvenir book. In addition to issuing a formal apology, Sports minister Khairy Jamaluddin said the Malaysian Organising Committee for the Games (MASOC) has also reprinted and replaced the old [...]

Malaysia’s AMMB, RHB Bank Plan to Scrap Proposed Merger

RHB Bank Bhd., Malaysia’s fourth-largest lender by assets, and AMMB Holdings Bhd. are planning to scrap their proposed merger, according to people with knowledge of the matter. RHB and AMMB had difficulty reaching agreement on terms, one of the people said, asking not to be identified because the information is private. The companies could announce [...]

Malaysia July inflation rate eases to 3.2 pct y/y, just below forecast

Malaysia’s consumer price index in July rose 3.2 percent from a year earlier, government data showed on Wednesday, slowing in pace for the fourth month in a row. July’s annual inflation rate was just below the 3.3 percent forecast by economists in a Reuters poll. Headline inflation reached an eight-year high of 5.1 percent in [...]

Indonesia

Digital evolution in Indonesia’s  banking industry

Digital evolution in Indonesia’s banking industry

In today’s digital era, changes in technology trends and customer behavior have compelled businesses to be more agile and adaptive to the rapidly evolving market. For the banking industry, the need for digital acceleration has become a top priority in order to stay competitive. With about 260 million people, Indonesia poses tremendous opportunity for digitization [...]

Indonesia court scraps new ride-hailing tariff rules

Indonesia’s Supreme Court has ruled that tariff ranges imposed by the government last month on online ride-hailing services are illegal, saying they impede competition. The Southeast Asian nation’s transport ministry introduced minimum and maximum tariffs for ride-hailing firms such as Uber Technologies, Indonesia’s GO-JEK and Southeast Asia’s Grab from July 1. It had cited a [...]

Jailed Indonesian cleric named suspect in deadly 2016 attack

A jailed Indonesian cleric has been named as a suspect in a suicide bomb attack that killed eight people in Jakarta last year and was claimed by the Islamic State group, police said Tuesday. They said Aman Abdurrahman is suspected of masterminding the attack in January 2016, which killed four attackers and four civilians. “He [...]

Singapore

Remains of US sailors found on warship that collided off Singapore

Remains of US sailors found on warship that collided off Singapore

Divers have found the remains of some of the 10 sailors who went missing when a US destroyer collided with a tanker off Singapore, the navy said Tuesday, the latest deadly accident involving an American warship. The US Navy has announced a fleet-wide global investigation after the incident Monday involving the USS John S. McCain [...]

Man jailed 5 months for stealing motorcycle parts

They scoured the Bukit Merah area in the wee hours of the morning looking for a motorcycle from which they could steal parts to add to an e-scooter. Chancing upon one at Bukit Merah Lane, 24-year-old Zulkarnahin Johari and his accomplice, 20-year-old Mohammad Irwan Atan, proceeded to remove parts of the vehicle using a wirecutter. [...]

Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber

Singapore’s biggest taxi operator, ComfortDelgro Corp Ltd, entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab. ComfortDelgro signed a letter with Uber for exclusive discussions to form a potential strategic alliance, which may [...]

Thailand

Judgment day looms for Thai ex-PM Yingluck and Shinawatra clan

Judgment day looms for Thai ex-PM Yingluck and Shinawatra clan

Clobbered by coups and courts, Thailand’s Shinawatra political dynasty is bracing for another withering blow in its decade-long power struggle with the kingdom’s establishment as judges decide whether to convict the clan’s ex-premier Yingluck. The Supreme Court will on Friday rule if Yingluck is guilty of criminal negligence over a rice subsidy that showered cash [...]

Thailand: Don’t Weaken Rights Commission

The bill to revamp Thailand’s human rights commission would seriously weaken the agency and should be substantially revised, Human Rights Watch said today. The Thai junta-appointed National Legislative Assembly unanimously approved the draft law on the National Human Rights Commission of Thailand on August 17, 2017. The bill must be vetted by the Constitution Drafting [...]

BBC journalist Jonathan Head on trial in Thailand over unusual defamation case

Southeast Asia correspondent faces up to five years in jail over 2015 report detailing how foreign retirees had properties stolen by a network of criminals A British BBC journalist has appeared in a Thai court for the start of a criminal defamation trial brought by a lawyer who featured in an investigation about foreigners being [...]

Philippines

Philippines, Indonesia and India Have Got a Fed Problem

The populist leaders of India, Indonesia and the Philippines won office with promises of massive spending to upgrade their nation’s roads, railways and ports. Doing so, the thinking goes, would supercharge economic growth and emulate China’s success. India’s prime minister Narendra Modi intends to spend a record $60 billion on infrastructure this fiscal year. Philippine [...]

China allegedly planted its flag on Philippine territory

China allegedly planted its flag on Philippine territory

Magdalo Party-list Representative Gary Alejano claims it has been almost a month since China planted its flag in an area seven nautical miles northeast of Kota Island. The lawmaker has expressed grave concern after receiving new information about the matter. Alejano said, since the Department of Foreign Affairs (DFA) remains mum on the said issue, [...]

Filipino officials: Chinese navy stalked Philippine area

China recently deployed navy and coast guard ships in a cluster of uninhabited sandbars in the disputed South China Sea amid concerns that the Philippines may build structures on them, two Filipino security officials said Tuesday. The government, however, said the issue was quickly resolved amid the Asian neighbours’ friendlier ties. Two senior Philippine security [...]

Japan

Japan Tobacco to buy Philippine cigarette maker Mighty for $936 million

Japan Tobacco Inc said on Tuesday it would buy the Philippines’ No. 2 cigarette maker Mighty Corp for about $936 million (726 million pounds), its second large deal in Southeast Asia this month as it deepens its push into emerging markets. The acquisition will help Japan Tobacco, which sells the Winston, Mild Seven and Camel [...]

White Actor Cast To Play Japanese-American ‘Hellboy’ Character

In yet another disappointment for advocates of diverse representation in Hollywood, another plum movie role for an Asian-American actor has been handed to a white star. The Hollywood Reporter reported this week that English actor Ed Skrein (“Deadpool”) will be starring as Major Ben Daimio in Millennium and Lionsgate’s upcoming comic book film “Hellboy: Rise [...]

Wage Hikes in China Bring Jobs, Factories Back to Japan

While there is no end in sight to off-shoring by Japanese companies, signs are emerging that surging wages in China are encouraging at least some of them to bring jobs, factories and businesses back home. According to an annual survey of about 3,000 firms by the Japan External Trade Organisation, among those that had recently [...]

Korea

Tillerson says talks with N Korea may be close, notes ‘restraint’

Tillerson says talks with N Korea may be close, notes ‘restraint’

The United States said Tuesday that talks with North Korea may be possible “in the near future” after Pyongyang reacted to tough new UN sanctions with a level of restraint. But, in keeping with a “dual track” strategy of reaching out to the North diplomatically while increasing economic pressure, Washington also imposed new sanctions on [...]

Trump Says N Korea’s Kim Is ‘Starting to Respect’ America

President Donald Trump said North Korean leader Kim Jong Un is beginning to respect the US, the latest comments that suggest his administration is moving closer to seeking talks over Pyongyang’s nuclear arsenal. “I respect the fact that I believe he is starting to respect us,” Trump said of Kim at a rally in Phoenix, [...]

Goldman’s Bullish on Korea Debt But Investors Unsure on Time

Goldman Sachs Group Inc. said this month that South Korean global corporate bonds are cheap and offer value, in spite of simmering military tensions between the US and North Korea. Some investors aren’t sure the time is right to buy. The average yield premium on Korean dollar bonds has risen 20 basis points this year [...]

Hong Kong

Investors Wave Red Flags at HK’s Dual-Class Shares Plan

Hong Kong Exchanges & Clearing Ltd is having trouble winning over money managers to its plans for dual-class shares in the world’s fourth-largest stock market. The Council of Institutional Investors, Hong Kong Investment Funds Association and Asian Corporate Governance Association have all come out against HKEX’s plans, as has David Webb, one of the city’s [...]

HK Issues Highest Typhoon Warning; Morning Trading Halted

HK Issues Highest Typhoon Warning; Morning Trading Halted

Hong Kong upgraded the storm warning to the highest for the first time in five years and canceled its morning trading session as Severe Typhoon Hato drew closer to the financial centre. The Hong Kong Observatory issued No. 10 Hurricane Signal at 9:10 a.m. local time. It’s the first time since Typhoon vicente in July [...]

Typhoon Hato batters HK, streets flooded, flights cancelled, trading halted

Typhoon Hato batters HK, streets flooded, flights cancelled, trading halted

Typhoon Hato, a maximum category 10 storm, slammed into Hong Kong on Wednesday lashing the Asian financial hub with destructive winds and waves which uprooted trees, flooded streets and forced most businesses to close. More than 400 flights were cancelled, financial markets suspended and schools closed as Hato bore down on the city, the first [...]

Taiwan

Fugitive Taiwan businessperson plans huge Philippines investment

Filipino authorities stood by a businessperson from Taiwan who is planning to build the largest economic zone in the Philippines, notwithstanding a warning from Taipei that he was a fugitive. Taiwan’s de facto embassy in Manila had sought the deportation of You Hao Chen but Filipino authorities declined the request since Chen holds a Chinese [...]

China Warns US Ahead of Taiwan Defense minister’s Brief Visit

China warned the United States on Tuesday against any military contacts with Taiwan ahead of brief visits by the self-ruled island’s defense minister to the United States on his way to and from Central American allies. The United States is Taiwan’s main source of weapons and Taiwan has been pressing for sales of more advanced [...]

6pct of Taiwanese college students sexually active since elementary school: survey

Survey by condom maker reveals 6 percent of Taiwanese college students first had sex in elementary school A survey by a condom maker revealed that more than 60 percent of Taiwanese college students are sexually active, six percent of whom said they began having sex in elementary school. The survey, which sampled 2,477 respondents from [...]

Vietnam

Why does FPT partly withdraw from retail segment?

Finally, the reduction of ownership rate to less than 50 percent in the retail segment of FPT Corporation was initially completed. Although FPT is expected to focus on the core segment i.e. technology in the near future, ambitions in retail segment are not really over. In Mid-August, Dragon Capital and VinaCapital completed the acquisition of [...]

Coca-Cola introduces new warehouse in Da Nang

Coca-Cola Vietnam officially inaugurated a new warehouse and wastewater treatment project for its plant in Da Nang city with total investment of $5 million on Monday. The company said on Monday the wastewater treatment system will operate with a capacity of 1,000cu.m daily. The company said the warehouse and wastewater treatment project completed its investment [...]

Cargill Vietnam raises $307,000 for school building programme

Cargill Cares fund raising events in Vietnam this month raised VND7 billion (US$307,000) from individuals and organisations to advance Cargill’s school building programme in the country. Held in Dong Nai and Hanoi on August 12 and 20 respectively, the events attracted almost 4,000 customers, partners and employees. Since it was started in 1996, the programme [...]