Archive for December 9th, 2016

Satellite images appear to show Vietnam dredging on disputed reef

Satellite images appear to show Vietnam dredging on disputed reef

09-Dec-2016 Intellasia | AFP | 2:04 PM

Vietnam has started dedging work on a small reef in the South China Sea, fresh satellite images appear to show Vietnam has started dredging work on a reef in the South China [...]
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South Korea’s President Park faces historic impeachment vote

South Korea’s President Park faces historic impeachment vote

09-Dec-2016 Intellasia | Reuters | 2:02 PM

South Korean lawmakers began voting on Friday on whether to impeach President Park Geun-hye over an influence peddling scandal, setting the stage for her to become the [...]
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Bourse: HCM City shares up 2nd consecutive day

09-Dec-2016 Intellasia | VNA | 1:30 PM

Shares rose for a second day on the HCM Stock Exchange on December 8, propped up by recovery of large-cap shares, while continuous foreign sells keep threatening market [...]
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VNM and SAB support VN Index increased

09-Dec-2016 Intellasia | Vneconomic Times | 1:30 PM

Despite VNM experienced strong net sold from foreign investor, this stock was still being strong pillar to made VN Index increased Only the HNX-Index decreased while the [...]
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Business Briefs December 9

09-Dec-2016 Intellasia | | 1:29 PM

* Sao Vang Rubber Company (SRC) said it would use VND28.1 billion to pay a 2016 dividend of VND1,000 per share on the record date of December 19. Payments are slated for [...]
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Korea parliament introduces bill to impeach Park; vote due Friday

Korea parliament introduces bill to impeach Park; vote due Friday

09-Dec-2016 Intellasia | Reuters | 7:16 AM

South Korea’s parliament introduced a bill on Thursday to impeach President Park Geun-hye, setting the stage for a historic vote to oust the embattled leader engulfed [...]
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Vietnam Warns of Return of Protectionism as TPP Hopes Fade

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

Vietnam prime minister Nguyen Xuan Phuc warned of the risk of returning protectionism as Southeast Asian nations brace for potentially tighter trade controls in the US [...]
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Asia markets build on global rally with ECB in focus

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

A global stocks rally extended into Asia on Thursday, with investors betting the European Central Bank will prolong its stimulus programme, while the positive mood helped [...]
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Asian stocks advance ahead of ECB decision

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

Asian shares rose on Thursday after an overnight surge on US markets. Investors were focused the European Central Bank’s meeting later in the day. KEEPING SCORE: [...]
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Asia shares hit 1-month peak, bonds bet on ECB support

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

Asian shares hopped higher on Thursday after Wall Street strode to new records and bonds rallied on wagers the European Central Bank would extend its asset buying campaign at [...]
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East Asian stocks set for better 2017 if Trump thump turns into Trump bump

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

East Asian stocks are expected to have a better run next year, provided US equities perform well on US President-elect Donald Trump’s tax cut plans and investors [...]
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Top-Tier HK Developers Cut Loan Costs by as Much as 40pct

09-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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Exclusive: Edmond de Rothschild to close HK operations – sources

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

Swiss private bank Edmond de Rothschild is closing its Hong Kong operations, according to three people familiar with the matter, more than two decades after it opened shop in [...]
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Singapore Is Beating HK in Asia’s Fintech Race

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

Tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology companies, [...]
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HK’s Ocean Park sees record deficit, announces entry fee hike: Report

09-Dec-2016 Intellasia | CNA | 6:00 AM

Iconic Hong Kong theme park Ocean Park announced an entrance fee hike after recording its first deficit since 2003, local media reported on Wednesday (December 7). The park [...]
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