Archive for July 8th, 2017
Asian markets down after US jobs disappoint, oil plunges
Asian markets headed into the weekend on a negative note Friday following a sell-off on Wall Street, US jobs data coming in below par and a dive in oil prices fuelling losses [...]
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Most Asian currencies drop on Fed uncertainty; US payrolls eyed
Most emerging Asian currencies edged lower on Thursday, taking their cue from regional equities, after minutes from the Federal Reserve’s last meeting showed a lack of [...]
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IMF Struggles to Shake Off Stigma 20 Years After Asia Crisis
It’s a photo that still haunts the International Monetary Fund. In 1998, as a financial crisis raged across Asia, then IMF Managing director Michel Camdessus was [...]
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Chinese aircraft carrier Liaoning arrives in HK
China’s sole operational aircraft carrier arrived in Hong Kong for the first time Friday in a display of military might less than a week after a high-profile visit by [...]
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US-based Asia Society accused of kowtowing to China over HK activist
Congressman says New York charity ‘has some explaining to do’ after refusal to host event featuring democracy campaigner Joshua Wong A US congressman has accused [...]
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Largest-Ever Ivory Shipment Seized in HK Worth $9 Million
Hong Kong customs officials have announced their largest-ever seizure of ivory, a haul of “about 7,200 kilograms,” or 16,000 pounds. The shipment was hidden in a [...]
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HK seizes 7.2 tonnes of ivory
More than seven tonnes of ivory worth over $9 million was seized in Hong Kong, officials said Thursday, the largest bust of its kind in the city in three decades. The 7,200 [...]
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HK Braces for Higher Rates as Currency Losses Accelerate
How long can it last? That’s what watchers of Hong Kong’s markets are asking as the gap between local and US interbank rates widens to the most since 2009. The [...]
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Taiwan Stock Market May Extend Thursday’s Losses
The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day slide in which it had surrendered [...]
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Chinese man indicted for espionage in Taiwan
A Chinese man was indicted Thursday for violation of Taiwan’s National Security Act after he was found to have attempted to bribe an official with money in exchange for [...]
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EU parliament has urged China to release Taiwan’s Lee Ming-che
The government has again called on Beijing to immediately release pro-democracy advocate Lee Ming-che, after the European Parliament passed a resolution on Thursday [...]
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China doesn’t want its students to study in Taiwan
Less than half the number of Chinese students will be allowed to study at Taiwan’s universities compared to last year, after Beijing announced cuts to student numbers [...]
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Muffled by China, Taiwan President Embraces Twitter as Megaphone
Over the past year, China has doubled down on its campaign to reduce Taiwan’s presence on the world stage, whether by luring away its few remaining diplomatic allies [...]
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Taiwan to spend $33 million over five years on AI research centers
Taiwan plans to spend T$1 billion ($32.73 million) every year over a period of five years on artificial intelligence research centers, the government said, in a move that [...]
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Taiwan charges Chinese grad student with spying
A Chinese graduate from one of Taiwan’s top universities was charged with espionage on Thursday as prosecutors accused him of attempting to recruit spies for Beijing. [...]
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