Archive for July 8th, 2017

Asian markets down after US jobs disappoint, oil plunges

08-Jul-2017 Intellasia | AFP | 6:00 AM

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

08-Jul-2017 Intellasia | Reuters | 6:00 AM

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

08-Jul-2017 Intellasia | Bloomberg | 6:00 AM

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

Chinese aircraft carrier Liaoning arrives in HK

08-Jul-2017 Intellasia | AFP | 6:00 AM

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

08-Jul-2017 Intellasia | The Guardian | 6:00 AM

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

08-Jul-2017 Intellasia | Newsweek | 6:00 AM

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

08-Jul-2017 Intellasia | AFP | 6:00 AM

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

08-Jul-2017 Intellasia | Bloomberg | 6:00 AM

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

08-Jul-2017 Intellasia | RTT News | 6:00 AM

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

08-Jul-2017 Intellasia | CNA | 6:00 AM

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

08-Jul-2017 Intellasia | The China Post | 6:00 AM

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

08-Jul-2017 Intellasia | Study International | 6:00 AM

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

08-Jul-2017 Intellasia | NY Times | 6:00 AM

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

08-Jul-2017 Intellasia | Reuters | 6:00 AM

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

Taiwan charges Chinese grad student with spying

08-Jul-2017 Intellasia | AFP | 6:00 AM

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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