Archive for May 19th, 2018

Asian stocks higher on backdrop of US-China talks

19-May-2018 Intellasia | AP | 6:00 AM

Asian stock markets were marginally higher on Friday as US and Chinese officials held a new round of talks seeking to avert a trade war between the world’s two largest [...]
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Asian markets trade mixed as investors digest US-China trade news

19-May-2018 Intellasia | CNBC | 6:00 AM

Asian shares traded mixed on Friday following off the soggy close seen on Wall Street overnight amid investor concerns over US-China trade talks. Japanese markets traded [...]
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BreakingviewsCiti’s HK slap has lesson for new IPO boom

19-May-2018 Intellasia | Reuters | 6:00 AM

Citi’s shortcomings on a small Hong Kong IPO offer lessons ahead of a new listings boom. On Thursday, the city’s securities regulator fined the US bank roughly $7 [...]
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Always wish you could reserve your cheap seat early with Cathay Pacific? Now you can as airline changes economy class policy to offset losses from price war

19-May-2018 Intellasia | SCMP | 6:00 AM

Cathay Pacific is to allow customers flying on the cheapest fares to reserve their seat for a fee of HK$150 (US$20) for regional flights and HK$300 for long-haul ones. Hong [...]
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Citigroup Fined $7.3 Million in HK for IPO Sponsor Work

19-May-2018 Intellasia | Bloomberg | 6:00 AM

Citigroup Inc. was fined HK$57 million ($7.3 million) by Hong Kong’s Securities and Futures Commission for the bank’s actions around the listing application of an [...]
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Judge denies bail for HK businessperson in bribery case

19-May-2018 Intellasia | AP | 6:00 AM

A New York judge rejected bail on Thursday for a prominent Hong Kong businessperson awaiting trial in a United Nations-linked bribery conspiracy, saying evidence in a [...]
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Taiwan’s FSC plans to ease custodian rule for foreign investors

19-May-2018 Intellasia | Asiaasset | 6:00 AM

Taiwan’s financial industry regulator plans to ease custody requirements for foreign investors to outsource their mandates to local asset managers as early as July, in [...]
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Why Taiwan must focus on developing a balanced energy supply

19-May-2018 Intellasia | Taiwan News | 6:00 AM

As Taiwan steps up offshore wind investments, their focus needs to be on building a balanced energy supply and replacing polluting fossil fuel burning power stations [...]
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UOB ceasing foreign currency banknotes import in Taiwan sources

19-May-2018 Intellasia | Reuters | 6:00 AM

United Overseas Bank (UOB) will stop supplying foreign currency banknotes to lenders in Taiwan from June 18 amid concern on tighter anti-money laundering rules in the region, [...]
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China to use Taiwan as base to isolate India, Japan: US lawmaker

19-May-2018 Intellasia | Indian Express | 6:00 AM

China is assembling a power-projection Navy that, by the 2030s, may have the world’s first totally nuclear-powered carrier battle group, Fisher said. China will turn [...]
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Taiwan’s Tsai under mid-term pressure over economic woes

19-May-2018 Intellasia | AFP | 6:00 AM

As Taiwan’s President Tsai Ing-wen reaches the half-way mark in her first term on Sunday, she is under growing pressure from a public tired of economic stagnation but [...]
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Taiwan slams Spain’s deportation of Taiwanese suspects to China

19-May-2018 Intellasia | CNA | 6:00 AM

Taiwan expressed serious concern and regret Thursday after Spain deported two Taiwanese suspected of involvement in telecoms fraud to China last Friday, according to a [...]
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Thousands sign online petition to protest Air Canada’s erroneous listing of Taiwan

19-May-2018 Intellasia | Taiwan News | 6:00 AM

Thousands sign online petition to get Air Canada to restore its listing of Taiwan as a sovereign country Thousands have signed an online petition calling for the restoration [...]
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Hottest day of the year so far in Taiwan

19-May-2018 Intellasia | Taiwan News | 6:00 AM

36 degrees in Taipei and 37.9 degrees in Taitung County Taipei City saw the mercury climbing to 36 degrees Celsius Thursday, its highest level for the year so far, though it [...]
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The Pentagon has no plans to scale back military operations in Korea after threats from N Korea

19-May-2018 Intellasia | CNBC | 6:00 AM

The Pentagon defended the ongoing joint US and South Korean military exercises Thursday amid North Korean threats of withdrawing from a highly anticipated summit with [...]
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