Archive for May, 2016

Business Briefs May 31

31-May-2016 Intellasia | | 3:33 PM

* Ben Tre Water Supply and Sewerage Company (NBT) has registered to float 28 million shares on the market for unlisted public companies (UPCoM) on June 6. The shares will be [...]
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Asian stocks rise after Wall Street gains

31-May-2016 Intellasia | AP | 6:00 AM

Asian stocks rose Monday following Wall Street’s gains as investors looked ahead to economic data this week from China, Australia and Korea. KEEPING SCORE: [...]
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Asia shares slip, dollar firm after Yellen’s hike remarks

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

Asian shares edged down on Monday while the dollar marked fresh highs after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States could [...]
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Dalian Wanda makes $4.4 billion offer to take HK-listed property arm private

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

China’s Dalian Wanda Group, owned by tycoon Wang Jianlin, is offering HK$34.45 billion ($4.4 billion) in cash to buy out Hong Kong-listed unit Dalian Wanda Commercial [...]
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More flights to HK

31-May-2016 Intellasia | The Star | 6:00 AM

A twice-weekly direct flight from Kuching to Hong Kong has begun. The first Hong Kong Airlines flight landed at Kuching International Airport on Saturday at 5.30am. The [...]
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HSBC boosts oversight of safety boxes in HK

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

HSBC has introduced stricter rules for the use of safety-deposit boxes in Hong Kong, which customers use to store valuables but which are at risk of being abused for money [...]
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Brokers complain about high trading costs on HK bourse

31-May-2016 Intellasia | Ejinsight | 6:00 AM

Stock brokers in Hong Kong are complaining that transactions on the local exchange are sometimes barely profitable due to the bourse’s rules on minimum fees, Bloomberg [...]
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Wall collapses at HK’s historic former Central Police Station

31-May-2016 Intellasia | SCMP | 6:00 AM

A large structure collapsed at the historic former Central Police Station on Hollywood Road on Sunday night. Police said there were no preliminary reports of injuries and [...]
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Dalian Wanda makes $4.4 billion offer to take HK-listed property arm private

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

China’s Dalian Wanda Group is offering $4.4 billion in cash to buy out Hong Kong-listed unit Dalian Wanda Commercial Properties, part of a plan to take it private [...]
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HK Stock Brokers Cry Foul at Fees Crimping Their Profits

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

Brokers in Hong Kong are being slapped with fees vastly higher than peers elsewhere in the region, prompting claims that the national stock exchange’s rules [...]
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In high-rise HK, fine wines lurk in British war bunker

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

In high-rise, high-priced Hong Kong, even millionaires don’t always have room to store their fine wine collection at home, but a converted British war bunker offers [...]
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Taiwan Futures Exchange to launch US dollar-yuan futures options – sources

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

May 30 Taiwan Futures Exchange plans to launch a US dollar-yuan futures options product next month, two sources with direct knowledge of the matter told Reuters on Monday. [...]
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Spate of earthquakes rattle eastern Taiwan

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

Three earthquakes rocked eastern Taiwan Monday morning, with the largest one measuring 4.7 on the Richter scale, according to the Central Weather Bureau. As of noon, there [...]
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Taiwan Editorial Abstract: government murders woman veterinarian

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

A memorial service was held on May 20, the day Taiwan’s first woman President Tsai Ing-wen (???) was sworn in, to mourn the death of a young veterinarian who killed [...]
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Cross-strait relations’ possible impact on the farming sector

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

Cross-strait exchange in fishing and agriculture has grown increasingly intimate over the years. Taiwan’s agriculture-related investment in mainland China has reached [...]
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