Archive for December 21st, 2016

Beer and milk sink VN Index

21-Dec-2016 Intellasia | Vneconomictimes | 2:10 PM

VNM and SAB drag VN Index down on December 20 for largest daily loss for five months. All main indexes on Vietnam’s stock markets fell on December 20. On HSX the VN [...] » More

Shares drop further, led by SAB, VNM

21-Dec-2016 Intellasia | Bizhub | 2:10 PM

Shares slipped further yesterday December 20 on the HCM Stock Exchange, driven by steep declines of Vinamilk (VNM) and Sabeco (SAB), the two largest listed stocks. The [...] » More

Business Briefs December 21

21-Dec-2016 Intellasia | | 2:09 PM

* The HCM City Tax Department has revealed it is to collect VND1.9 trillion (US$ 82.8 million) in tax arrears in December. * A local company based in the northern [...] » More

Asia markets struggle on geopolitical fears

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

Asian traders moved uneasily Tuesday as geopolitical concerns came back to the fore following a deadly suspected attack in Berlin, while they also wind down going into the [...] » More

Zhongan Online Said to Scrap H.K. IPO, Consider China Listing

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

Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the US and is instead focusing on a listing in mainland China, people [...] » More

HK confirms first case of bird flu this season

HK confirms first case of bird flu this season

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

Hong Kong authorities have confirmed the first human bird flu infection for this season after an elderly man who had recently travelled to mainland China was diagnosed with [...] » More

China May Be Losing Its Cat-and-Mouse Game With HK Insurance Buyers

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

It’s a game of cat-and-mouse that has gone on for most of this year, with Beijing showing no signs of winning yet. Each time China tightens up on money flowing out of [...] » More

Be Wary of HK’s Eye-Popping IPO Gains

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

Hong Kong’s Growth Enterprise Market has seen a string of the world’s best stock debuts this year. It’s also been home to some of the biggest plunges, [...] » More

HK bans poultry products from Japan, Britain

21-Dec-2016 Intellasia | IANS | 6:00 AM

The Hong Kong food safety authority on Monday said it has banned the import of poultry meat and products (including poultry eggs) from Japan and Britain over bird flu [...] » More

Taiwan stocks weaker on global uncertainties, ahead of orders data

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

Taiwan stocks fell on Tuesday after deadly incidents in Germany and Turkey tempered buying, although Wall Street ended higher. As of 0128 GMT, the main TAIEX index fell 0.2 [...] » More

Deep divisions in Taiwan over gay marriage reform

21-Dec-2016 Intellasia | Business Times | 6:00 AM

Watching her boisterous twin toddlers romp around the living room, Hope Chen worries what would happen to them if she ever fell seriously ill or had an accident. In a worst [...] » More

El Salvador says Taiwan’s President Tsai will visit on January 12-13

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

El Salvador said on Monday that Taiwan’s President Tsai Ing-wen will visit the poor Central American country on January 12-13, in a contentious visit that led China to [...] » More

US dollar closes higher on Taipei forex

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

The US dollar rose against the Taiwan dollar Monday, gaining NT$0.003 to close at NT$31.970 as the greenback extended its momentum from a week earlier after the US Federal [...] » More

What Taiwan hopes the Trump call could do for its international standing

21-Dec-2016 Intellasia | LA Times | 6:00 AM

Suddenly, Taiwan sees an opening. Having spent most of the last half a century in a diplomatic no man’s land, in which it technically does not exist as far as most of [...] » More

Prosecutors reopen probe into death of Indonesian fishery worker

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

The investigation into the death last year of an Indonesian fishery worker on a Taiwanese boat has been reopened on the instruction of the Control Yuan, the watchdog arm of [...] » More