Archive for May 9th, 2018

Business Briefs 09 May, 2018

09-May-2018 Intellasia | | 1:56 PM

* Thai Hung Trading Co Ltd has registered to sell over 33.2 million shares of Viet-Italy Steel Company (VIS) between May 10 and June 6, cutting its ownership from 65 percent [...]
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Malaysians begin voting in fiercely contested election

Malaysians begin voting in fiercely contested election

09-May-2018 Intellasia | AP | 9:29 AM

Voting is underway Wednesday in a fiercely contested Malaysian election that pits an opposition led by former authoritarian leader Mahathir Mohamad against the ruling [...]
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Pompeo arrives in NKorea to finalize Trump-Kim summit

Pompeo arrives in NKorea to finalize Trump-Kim summit

09-May-2018 Intellasia | AP | 9:26 AM

U.S. Secretary of State Mike Pompeo arrived in North Korea on Wednesday to finalize details of a historic summit planned between President Donald Trump and North Korean [...]
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Asian shares advance as China reports recovery in exports

09-May-2018 Intellasia | AP | 6:01 AM

Shares were mostly higher in Asia on Tuesday following an upbeat finish on Wall Street. Chinese benchmarks surged after Beijing reported that exports rebounded in April, [...]
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HK cabby arrested for allegedly pocketing HK$1.1 million left in taxi

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

A Hong Kong taxi driver has been arrested on suspicion of pocketing more than HK$1 million (US$127,400) left in his vehicle by a passenger. The 59-year-old woman, who owns a [...]
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One Wall Street address on offer to HK buyers as flats in New York skyscraper go on sale

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

Hongkongers will have a chance to own a part of an 80-year-old New York landmark, the One Wall Street building, when 566 residential units in the refurbished 50-storey [...]
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Use HK’s example to argue against ‘China model’ of development, opposition politicians tell US audience

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

The head of a leading Hong Kong opposition party told his American audience at a seminar in New York to continue keeping an eye on developments in the city amid growing [...]
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‘Death threat’ with nine dead cockroaches sent to HK lawmaker Elisabeth Quat

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

A pro-establishment legislator in Hong Kong received nine dead cockroaches in the mail on Monday, in what a staff member considered to be a death threat. The incident has [...]
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HK IPO Flop a Warning for Speculators in Xiaomi Mega Deal

09-May-2018 Intellasia | Bloomberg | 6:01 AM

One of Hong Kong’s most popular investment strategiesborrow big and plow the money into a red-hot IPOis starting to fail, just as the city prepares to host Xiaomi [...]
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HK surgeon who left operation halfway through offered new job by mainland Chinese hospital

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

A surgeon who left a patient open on an operating table last year while he worked at a different hospital will reportedly take up a job at a mainland Chinese hospital [...]
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HK dominates busy air routes, but budget carriers can’t get a look-in

09-May-2018 Intellasia | SCMP | 6:01 AM

Booming low-cost sector helped budget carriers such as Air Asia and Jetstar become dominant players in the region but the trend has had little impact on key routes in and out [...]
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Taiwan regrets latest exclusion from World Health Assembly

09-May-2018 Intellasia | CNA | 6:01 AM

Taiwan on Tuesday expressed regret that it has once again being excluded from the annual World Health Assembly (WHA) meeting, after the registration deadline for the forum [...]
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US and international airlines risk curbs on mainland operations if they refuse to obey Beijing’s ‘one-China’ rules in Taiwan row

09-May-2018 Intellasia | South China Morning Post | 6:01 AM

Foreign airlines risk restrictions on their permission to operate in mainland China if they fail to back the government’s stance on “one-China” as tensions [...]
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Taiwan hits back at WHO exclusion under Beijing pressure

Taiwan hits back at WHO exclusion under Beijing pressure

09-May-2018 Intellasia | AFP | 6:01 AM

Taiwan accused the World Health Organization of succumbing to political pressure from Beijing Tuesday after the island failed to receive an invitation to a major [...]
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Taiwan’s LGBT groups participate in Tokyo Rainbow Pride 2018

09-May-2018 Intellasia | Taiwan News | 6:01 AM

Taiwan’s LGBT groups participated in Tokyo Rainbow Pride 2018 on Sunday, joining other groups from around the world. According to media reports, the annual LGBT pride [...]
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