Archive for September 15th, 2016

Typhoon Meranti Makes Landfall in China After Sweeping Taiwan

Typhoon Meranti Makes Landfall in China After Sweeping Taiwan

15-Sep-2016 Intellasia | CNN | 2:13 PM

While weakened by its brush with Taiwan, Typhoon Meranti is still considered very dangerous The strongest storm of 2016, Typhoon Meranti, slammed the coast of China on [...]
» More

Australian among 14 injured in fatal Indonesian boat blast

Australian among 14 injured in fatal Indonesian boat blast

15-Sep-2016 Intellasia | SBS | 2:10 PM

It was not immediately clear what caused the explosion in the speedboat but police said it was not caused by a bomb. Indonesia has a poor maritime safety record and there [...]
» More

Vietnamese stocks still on downward trend

15-Sep-2016 Intellasia | VNA | 12:51 PM

Shares declined on September 14 on the two national stock exchanges after brief rises on the previous day. Investors remain cautious about trading exchange-traded funds, [...]
» More

Business Briefs Sep 15

15-Sep-2016 Intellasia | | 12:50 PM

* Nam Kim Steel Company (NKG) plans to issue six million shares to raise its chartered capital to VND634.1 billion this year. NKG will sell the shares to its partner Unicoh [...]
» More

Asian stocks fall to six-week lows as bond rout intensifies

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

Asian stocks wallowed near six-week lows on Wednesday and the dollar stood strong against a broad swathe of currencies including the Japanese yen as concerns grew about the [...]
» More

MarketsIntervention speculation as offshore renminbi volatility rises

15-Sep-2016 Intellasia | FT | 6:00 AM

Renminbi volatility in Hong Kong increased on Wednesday as traders and analysts speculated that China’s central bank was intervening just ahead of a Chinese bank [...]
» More

HK sets overnight yuan borrowing rate at 7-month high

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

Hong Kong’s overnight yuan borrowing rate on Wednesday was fixed at the highest level in seven months. The CNH Hong Kong Interbank Offered Rate benchmark (CNH Hibor), [...]
» More

Postal Savings Bank of China launches $8.1bn HK IPO

15-Sep-2016 Intellasia | FT | 6:00 AM

Cornerstone investors include China’s leading state shipbuilder and Shanghai International Port Group Postal Savings Bank of China has launched the biggest initial [...]
» More

Xi’s increasing pressure spawns ‘anti-China forces’ in HK

15-Sep-2016 Intellasia | Chicago Tribune | 6:00 AM

The following editorial appears in Tuesday’s Yomiuri Shimbun: The heavy-handed posture of Chinese President Xi Jinping’s administration appears to have led to the [...]
» More

Taiwan charges three foreigners over $2.6 mn cyberheist

15-Sep-2016 Intellasia | AFP | 6:00 AM

Taiwan has charged three foreigners over a $2.6 million cyberheist that used malware to hack into a major local bank’s ATM network, prosecutors said Tuesday, adding [...]
» More

Typhoon Meranti causes flight disruptions in southern Taiwan

15-Sep-2016 Intellasia | CNA | 6:00 AM

Local airlines said Tuesday that some of their flights scheduled to depart from airports in southern Taiwan the next day have been disrupted due to the impact of approaching [...]
» More

Foreign minister still optimistic about Taiwan’s ICAO bid

15-Sep-2016 Intellasia | CNA | 6:00 AM

Foreign minister David Lee (???) said Tuesday that he is optimistic about Taiwan’s participation in this year’s assembly of the International Civil Aviation [...]
» More

How Taiwan’s own silk road could help reduce regional tensions

15-Sep-2016 Intellasia | SCMP | 6:00 AM

If plans come to fruition, Taiwan will have its own modern silk road after Taipei officially advanced the “New Southbound Policy” on September 5. The [...]
» More

Protesters demand migrant rights

15-Sep-2016 Intellasia | China Post | 6:00 AM

Migrant workers and labour rights groups protested outside the Legislature Yuan, Tuesday, demanding that the majority Democratic Progressive Party (DPP) prioritise amendments [...]
» More

Overseas Taiwanese to rally for Taiwan’s membership in UN

15-Sep-2016 Intellasia | CNA | 6:00 AM

Several Taiwanese non-governmental organisations in New York will take to the streets Saturday in support of Taiwan’s membership in the United Nations. It will be the [...]
» More