Archive for January 5th, 2017

Reference exchange rate rises by 4 dong

05-Jan-2017 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the reference VND/USD exchange rate at 21,162 VND per USD on January 4, up 4 VND from the day earlier. With the current +/- 3 percent VND/USD [...]
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Overview of the consumer credit boom in 2016

05-Jan-2017 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Although finance companies disclosed very limited information about the growth of their outstanding loans as well as profit results, the fact showed that consumer lending [...]
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US, Switzerland buyers turning towards Vietnam gemstones

05-Jan-2017 Intellasia | VOV | 6:00 AM

The US, the world’s largest diamond market by total dollar sales, is increasingly turning to coloured gemstones from Vietnam as its jewellery of choice, according to [...]
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China’s money rate down, but HK borrowing cost up

05-Jan-2017 Intellasia | Reuters | 6:00 AM

China’s primary money rates fell on Wednesday as seasonal factors faded after the holiday, but offshore borrowing cost largely rose amid a shrinking yuan pool in Hong [...]
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Palace Museum row highlights HK-Beijing tensions

05-Jan-2017 Intellasia | FT | 6:00 AM

Territory’s democracy activists cry foul over $450m branch of China’s famed attraction The decision to build a $450m branch of Beijing’s famed Palace Museum [...]
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HK Airlines adds daily flights to Vancouver

05-Jan-2017 Intellasia | USA Today | 6:00 AM

Noting that Canada is celebrating its 150th anniversary this year, Hong Kong Airlines announced that it will begin daily direct flights between Hong Kong and Vancouver, [...]
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Behind HK’s Failing Appeal as a Luxury Destination

05-Jan-2017 Intellasia | Observer | 6:00 AM

The latest dent in Hong Kong’s flailing retail market came with US clothing brand Abercrombie & Fitch calling time on its flagship store two years before the end of [...]
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Taiwan declares war on fake news from China

05-Jan-2017 Intellasia | Taiwan News | 6:00 AM

A conspiracy from Chinese netisens seeking to undermine national unity? Fake news stories have not only run amok in the United States and left a huge impact on its November [...]
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Taiwan condemns terror attack in Istanbul

05-Jan-2017 Intellasia | CNA | 6:00 AM

The government on Tuesday condemned the New Year’s Day terror attack in Istanbul, Turkey and conveyed its condolences to the victims and their families. The mass [...]
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Rising Tensions: China Confirms Aircraft Carrier Drills Near Taiwan

05-Jan-2017 Intellasia | Sputnik News | 6:00 AM

Days after needling Taipei by sailing 90 nautical miles south of the island, Beijing’s Liaoning aircraft carrier conducted drills in the South China Sea, exacerbating [...]
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New Japanese office name aimed at closer ties with Taiwan: Japan

05-Jan-2017 Intellasia | CNA | 6:00 AM

The renaming of Japan’s representative office in Taiwan to the Japan-Taiwan Exchange Association is aimed at advancing already close Japan-Taiwan relations, said Mikio [...]
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China angered at change in name of Taiwan embassy in Japan

05-Jan-2017 Intellasia | Worldtribune | 6:00 AM

Japan drew angry protests from China after changing the name of its Taiwanese embassy, a move Beijing saw as Tokyo taking a step toward recognising Taiwan as a separate [...]
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Trump recognises ‘urgency’ of N Korea nuclear threat -Korea

05-Jan-2017 Intellasia | Reuters | 6:00 AM

US President-elect Donald Trump’s “clear warning” to North Korea shows he is aware of the urgency of the threat posed by North Korea’s nuclear [...]
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No N. Korea missile will be capable of reaching US: Trump

05-Jan-2017 Intellasia | AFP | 6:00 AM

President-elect Donald Trump took to Twitter again on Monday evening to promise North Korea would not develop a nuclear missile capable of reaching US territory. His comments [...]
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S. Korea president shuns impeachment hearing

05-Jan-2017 Intellasia | AFP | 6:00 AM

South Korea’s Constitutional Court on Tuesday held its first full hearing on whether to confirm the impeachment of President Park Geun-Hye but she stayed away from the [...]
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