Archive for December 8th, 2016

Only VN30-Index down

08-Dec-2016 Intellasia | Vneconomictimes | 1:20 PM

Today’s market demonstrated a more cautious investor response to a high market risk. Only VN30-Index decreased while other main indexes on Vietnam’s stock market [...]
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Shares rebound after two-day drop

08-Dec-2016 Intellasia | VNA | 1:20 PM

Shares rebounded on December 7 on the two exchanges after a two-day decline as investors took advantage of bargains on attractive valuations. On the Ho Chi Minh Stock [...]
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Business Briefs December 8

08-Dec-2016 Intellasia | | 1:19 PM

* Viet Capital Balanced Fund has registered to sell its entire stake of 77,000 shares in Hoa Sen Group (HSG) over one month starting from December 7. * Saigon Thuong Tin Real [...]
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At least 10 dead after dozens of buildings collapse in 6.5 magnitude earthquake near Banda Aceh

At least 10 dead after dozens of buildings collapse in 6.5 magnitude earthquake near Banda Aceh

08-Dec-2016 Intellasia | 9news | 8:48 AM

At least 18 people are dead and dozens feared trapped in rubble after a 6.5 magnitude earthquake struck off Aceh province on Indonesia’s Sumatra island. “Eighteen [...]
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Rescuers scrabble for survivors as Indonesia quake kills 97

Rescuers scrabble for survivors as Indonesia quake kills 97

08-Dec-2016 Intellasia | AFP | 8:19 AM

Rescuers scrabbled through the rubble of shattered homes, shops and mosques in search of survivors Wednesday after a powerful earthquake struck western Indonesia and killed [...]
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S Korea officials want woman at heart of scandal to testify

S Korea officials want woman at heart of scandal to testify

08-Dec-2016 Intellasia | AP | 7:15 AM

A South Korean parliamentary committee sent a squad of security officers on Wednesday to order the jailed woman at the centre of a scandal that threatens to bring down the [...]
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Asian markets mostly up but Trump caution sets in

08-Dec-2016 Intellasia | AFP | 6:00 AM

Most markets extended gains in Asia Wednesday after another record close on Wall Street but dealers were cautious after the recent Donald Trump-fuelled rally. After the surge [...]
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Asian shares edge up as markets look to ECB after Italian jolt

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

Asian shares edged up on Wednesday as investors covered short positions and looked to the upcoming policy meeting of the European Central Bank for comfort after a referendum [...]
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Asian stocks mostly higher on record Dow, telecom news

08-Dec-2016 Intellasia | AP | 6:00 AM

Asian markets were mostly higher Wednesday, cheered by gains on Wall Street and optimism about the telecommunications industry. KEEPING SCORE: Japan’s benchmark Nikkei [...]
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Hong Kong’s Democracy Icon Joshua Wong Has Distanced Himself From His Homophobic Dad

Hong Kong’s Democracy Icon Joshua Wong Has Distanced Himself From His Homophobic Dad

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

Wong senior is a known adversary of Hong Kong’s LGBT community The 20-year-old poster boy of Hong Kong democracy, Joshua Wong, has distanced himself from his father [...]
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Hong Kong rainbow lions spark LGBT rights debate

08-Dec-2016 Intellasia | BBC | 6:00 AM

One of Hong Kong’s icons – a pair of lions guarding the HSBC building – has been given a rainbow-coloured makeover. Replicas of the two lions have been [...]
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China stocks flat as investors watch regulatory moves; Hong Kong up

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

China shares were little changed on Wednesday morning, with lingering concerns that regulators aim to restrict some investments by insurers offsetting strength in small-cap [...]
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Top-Tier Hong Kong Developers Cut Loan Costs by as Much as 40%

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

The latest round of financing being raised by Hong Kong real-estate developers Wheelock & Co. Ltd and Sun Hung Kai Properties Ltd is likely to drive down loan pricing [...]
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Shareholders Lose 99% as Hong Kong Rights Offerings Go Wrong

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

No one can fault the managers of Eminence Enterprise Ltd for lacking chutzpah. After saddling investors with a 99.99 percent loss over the past five years, the Hong [...]
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Hong Kong Faces Housing Risks as Fed Tightening Looms, IMF Says

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

Stretched property valuations mean Hong Kong’s economy is vulnerable if interest rates rise faster than expected, the International Monetary Fund said. In its annual [...]
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