Archive for December 24th, 2016

Asia stocks pressured by Wall Street, dollar holds below 14-year peak

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

Asian stocks retreated in subdued trade on Friday after Wall Street took a breather from its surge since the US election, while the dollar hovered below the 14-year high set [...]
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Asian stocks fall after Wall Street rally stalls

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

Most Asian markets fell Friday following a retreat on Wall Street and as oil prices weakened on the last trading day before Christmas. Regional stocks mirrored negative [...]
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Asian stocks markets slide after Wall Street loss

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

Asian markets slid Friday in thin trading ahead of the Christmas holiday after Wall Street fell for a second day. KEEPING SCORE: The Shanghai Composite Index declined 0.6 [...]
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This HK Developer Is Selling Apartments That Are Smaller Than Parking Spaces

24-Dec-2016 Intellasia | Fortune | 6:00 AM

A new residential complex in Hong Kong will feature apartments that are smaller than the parking spots. According to the South China Morning Post, apartments at the 356-unit [...]
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Mainland buyers heat up HK insurance market

24-Dec-2016 Intellasia | China Daily | 6:00 AM

Buyers from the Chinese mainland are driving a big increase in insurance policies taken out in Hong Kong. Chinese mainlanders spent HK$48.9 billion on insurance policies [...]
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A Goldman You’ve Never Heard of Is Pursuing an IPO in HK

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

Goldman is planning an initial public offering in Hong Kong-but it’s not the Goldman you’ve heard of. Goldman Faith Holdings Ltd, a local engineering [...]
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One Yuan Buys You One HK Dollar – in 7-Eleven at Least

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

In a sign of how far confidence in China’s currency has fallen, 7-Eleven stores in Hong Kong are valuing the Chinese currency at par with the city’s dollar. Just [...]
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Can Taiwan survive an avalanche?

24-Dec-2016 Intellasia | Taiwan News | 6:00 AM

On December 21, 1471, Portuguese sailors arrived at a small island off the west coast of Central Africa which they named after the patron saint of the day, Saint Thomas, or [...]
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Taiwan should avoid baiting China, say experts

24-Dec-2016 Intellasia | Straits Times | 6:00 AM

They say the ball is in Beijing’s court, and Taipei has to be cautious in engaging friends In the wake of West African nation Sao Tome and Principe’s decision to [...]
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Taiwan’s president to visit US despite objections from China

Taiwan’s president to visit US despite objections from China

24-Dec-2016 Intellasia | The Guardian | 6:00 AM

Planned trip causes speculation in Washington and Taiwan that Tsai Ing-wen may meet Donald Trump in person Taiwan’s president is planning to meet members of Congress [...]
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Taiwan Holds Rate as New iPhone, Rising Oil Boost Outlook

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

Taiwan held its benchmark interest rate for a second straight quarter as economic indicators show fourth-quarter strength and improving growth prospects for 2017. Policy [...]
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Christmas in N. Korea: Lights and trees, but void of Jesus

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

If Santa Claus stops in North Korea this year, he’ll find some trees and lights and might even hear a Christmas song or two. But he won’t encounter even a hint of [...]
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N Korea ridicules UN chief’s presidential ambitions

N Korea ridicules UN chief’s presidential ambitions

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

North Korea on Friday mocked outgoing United Nations Secretary-General Ban Ki-moon over his apparent ambitions to run for South Korean president, calling him an opportunistic [...]
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Korea President Park Geun-hye’s Impeachment Trial Holds First Hearing

24-Dec-2016 Intellasia | NBC News | 6:00 AM

South Korea’s Constitutional Court held its first preparatory hearing Thursday in the trial of impeached President Park Geun-hye, whom lawmakers voted to remove over an [...]
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N Korea denounces Japan’s Shinzo Abe for Pearl Harbor visit

24-Dec-2016 Intellasia | UPI | 6:00 AM

North Korea condemned Japanese prime minister Shinzo Abe for his plans to attend a ceremony next week in remembrance of the victims of the Pearl Harbor attack, calling the [...]
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