Archive for March, 2016

Business Brief March 31

31-Mar-2016 Intellasia | | 3:57 PM

* Ten million VIC1l502 bonds of Vingroup Company (VIe) have been floated on the Hochiminh Stock Exchange for the first time and will be available for trading on April 5. The [...]
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Asia Stocks Jump With Europe Index Futures on Yellen; Oil Gains

31-Mar-2016 Intellasia | Bloomberg | 6:00 AM

European and Asian stocks surged after Federal Reserve Chair Janet Yellen reasserted the central bank’s gradual approach to raising interest rates. Oil rallied as the [...]
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ADB cuts Asia growth forecast for 2016 on China, global drag

31-Mar-2016 Intellasia | Reuters | 6:00 AM

The Asian Development Bank slashed its economic growth forecast for developing Asia this year, citing global headwinds and a weaker outlook for China. Developing Asia will [...]
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Trump Policies Perplex US Allies in Asia Amid China’s Rise

31-Mar-2016 Intellasia | Bloomberg | 6:00 AM

Donald Trump’s apparent willingness to upend decades of US security dominance in Asia is baffling major allies given China’s increasing clout and North [...]
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Asia stocks up on Yellen caution but Tokyo hit by yen

31-Mar-2016 Intellasia | AFP | 6:00 AM

Asian markets rallied and the dollar extended losses Wednesday after Federal Reserve boss Janet Yellen struck a cautious note on the global economy that lessened the [...]
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New HK independence party slammed by Chinese media

New HK independence party slammed by Chinese media

31-Mar-2016 Intellasia | AFP | 6:00 AM

Young Hong Kongers who set up a party calling for independence from the mainland were labelled “political hooligans” by Chinese media on Wednesday, which [...]
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China banks’ IPOs make losses on HK debut amid debt fears

31-Mar-2016 Intellasia | CNBC | 6:00 AM

Shares of two mid-sized Chinese lenders that made their debuts on the Stock Exchange of Hong Kong Wednesday traded lower to flat, reflecting investor fears about [...]
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Chinese banks underwhelm in HK debut

31-Mar-2016 Intellasia | FT | 6:00 AM

The world’s biggest public float this year slipped on its debut in Hong Kong, underlining investor caution towards initial public offerings in spite of global equity [...]
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US, HK bust huge smuggling operation

31-Mar-2016 Intellasia | AFP | 6:00 AM

United States and Hong Kong authorities have smashed a massive operation smuggling Chinese-made clothing, believed to be the largest such find ever uncovered on the US West [...]
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Taiwan’s Outgoing Leader, Successor Pledge Smooth Transition

31-Mar-2016 Intellasia | ABCNews | 6:00 AM

Taiwan’s outgoing president and his successor on Wednesday emphasized the need for a smooth transition of power amid a slowdown in the island’s high-tech economy [...]
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Howard Marks Raises Stake in Taiwan Semiconductors

31-Mar-2016 Intellasia | Nasdaq | 6:00 AM

Guru Howard Marks ( Trades, Portfolio ), Oaktree Capital co-founder, billionaire and author of “The Most Important Thing,” upped his stake in Taiwan [...]
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US official calls on Taiwan’s president-elect

31-Mar-2016 Intellasia | CNA | 6:00 AM

Kurt Tong, principal deputy assistant secretary for the Bureau of Economic and Business Affairs at the US Department of State, called on President-elect Tsai Ing-wen (???) [...]
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Indonesia insists patrol boats ‘will not shoot’ Taiwanese fishermen

31-Mar-2016 Intellasia | CNA | 6:00 AM

“My people will not shoot the person,” Indonesian Ocean and Fisheries minister Susi Pudjiastuti said Tuesday, refuting Taiwanese Fisheries Agency investigation [...]
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Urgent need to set up social programmes for mentally ill

31-Mar-2016 Intellasia | China Post | 6:00 AM

Another random attack gripped the nation this week. The victim, a 4-year-old girl, was gruesomely decapitated in Taipei City’s Neihu District. In two recent horrific [...]
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Soul-searching in Taiwan after four-year-old girl beheaded

31-Mar-2016 Intellasia | BBC | 6:00 AM

A day after a man grabbed a four-year-old girl off her bicycle and decapitated her with a cleaver in broad daylight, Taiwan is in shock. “A mother couldn’t [...]
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