Archive for September 8th, 2016

Business Briefs Sep 08

08-Sep-2016 Intellasia | | 1:55 PM

* VietFund will be selling its entire stake of 798,570 shares (1.18%) in passenger transport firm Vietnam Sun Corporation (VNS) from September 7 to October 6. * Stainless [...]
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Vinamilk fall extends stock market gloom

08-Sep-2016 Intellasia | VNA | 1:48 PM

Vietnamese shares fell further on September 7, driven down by dairy firm Vinamilk while foreign investors remained net sellers for six consecutive sessions. The benchmark VN [...]
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Obama vows to work to tighten sanctions on N Korea

Obama vows to work to tighten sanctions on N Korea

08-Sep-2016 Intellasia | AP | 7:17 AM

In the wake of another missile launch, President Barack Obama vowed Tuesday to work with the United Nations to tighten sanctions against North Korea, but added that the US [...]
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Most Asia markets rise on weak US data, yen hits Tokyo

08-Sep-2016 Intellasia | Bloomberg | 6:00 AM

Asian markets mostly rose Wednesday but Tokyo tumbled on a strong yen as a shock slump in the US service sector wiped out the chances of an interest rate hike this month. The [...]
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Asia stocks hit one-year high as soft US data quells Fed hike talk

08-Sep-2016 Intellasia | Reuters | 6:00 AM

The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak US services sector activity dashed already slim chances of an interest rate [...]
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HK Squares Up to Singapore, HK With Fintech Hub

08-Sep-2016 Intellasia | Bloomberg | 6:00 AM

The Hong Kong Monetary Authority is establishing a financial-technology hub and adopting a regulatory “sandbox” to allow faster trials of products and [...]
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HK elections: who did you vote for?

08-Sep-2016 Intellasia | The Guardian | 6:00 AM

Four radical candidates set to take up a place in the legislative council in a huge shake-up of Hong Kong politics. Share your thoughts, and hopes for the city Four radical [...]
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Trudeau standoffish about commenting on HK while visiting HK

08-Sep-2016 Intellasia | Nationalpost | 6:00 AM

During remarks and a Q & A in Hong Kong, Justin Trudeau focused on the “revitalisation” of Canada’s relationship with China and the promotion of [...]
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HK’s Election Results Have Been Slammed in Mainland Chinese Media

08-Sep-2016 Intellasia | Time | 6:00 AM

Beijing has emphasized its “resolute” opposition to Hong Kong legislators advocating self-determination While mainland coverage of Hong Kong’s legislative [...]
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Is China nervous about HK’s recent election?

08-Sep-2016 Intellasia | Aljazeera | 6:00 AM

Beijing reiterates that calls for Hong Kong independence will not be tolerated. Pro-democracy activists elected to the Legislative Council in Hong Kong are vowing to continue [...]
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A small step forward to democracy in HK

08-Sep-2016 Intellasia | The Globe and Mail | 6:00 AM

The “yellow umbrella revolution” of 2014 in Hong Kong (also known as the Occupy movement) is bearing some fruit – but without the revolution, or for that [...]
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Vote in HK deepens a thorn in China’s side

08-Sep-2016 Intellasia | The New York Times | 6:00 AM

In Canada, it is the Quebecois. In Spain, the Catalans. In Britain, the Scots. Now, China must deal with its own version of a democratically elected indigenous movement, [...]
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Chinese repression is backfiring in HK

08-Sep-2016 Intellasia | Washington Post | 6:00 AM

PRESIDENT OBAMA has frequently predicted that the aggressive policies of Russia and China in places such as Ukraine and the South China Sea are destined to be self-defeating, [...]
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KKR, HKBN place final bids for Wharf’s HK telecom unit -sources

08-Sep-2016 Intellasia | Reuters | 6:00 AM

KKR & Co LP and HKBN Ltd have placed final bids for the Hong Kong telecom arm of Wharf Holdings Ltd, in a deal likely to fetch $1 billion to $1.2 billion, people familiar [...]
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HK to launch banking fintech ‘sandbox’ as rivals pull ahead

08-Sep-2016 Intellasia | Reuters | 6:00 AM

Hong Kong on Tuesday said it has launched a regulatory regime known as a “sandbox” for financial technology innovation in the banking sector, amid fears the city [...]
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