Archive for May 24th, 2018

Business Briefs 24 May, 2018

24-May-2018 Intellasia | | 5:12 PM

* Hoa Binh Construction Group Company (HBC) will make a dividend payment at a 55 percent ratio for 2017 on the record date of May 30. Of the amount, HBC will pay a cash [...]
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Asia markets dive as Trump sparks N Korea, trade worries

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

Asian and European markets tumbled Wednesday after Donald Trump cast doubt on a planned summit with North Korean leader Kim Jong Un and appeared to hit out at a deal with [...]
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Didi Chuxing, China’s answer to Uber, said to consider HK listing in second half of 2018

24-May-2018 Intellasia | South China Morning Post | 6:00 AM

Didi Chuxing, China’s largest ride-hailing service provider, is considering an initial public offering in Hong Kong that is expected to value the company at $70 billion [...]
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Didi’s rumoured HK IPO might bump its market value up to $80B

24-May-2018 Intellasia | E27 | 6:00 AM

Didi Chuxing was valued at $50 billion in December, 2017 and is said to have $12 billion in cash reserves The article Didi’s rumoured Hong Kong IPO might bump its [...]
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A man snagged an $18,000 first-class flight to HK for just $76 here’s how he pulled it off

24-May-2018 Intellasia | Business Insider | 6:00 AM

Travel rewards blogger Ramy Wahby recently flew first class from Hong Kong to New York City for only $76 and a lot of points. Wahby is an engineer who also runs the blog [...]
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HK finance manager lost GBP 1.3m to ‘British film director’ she never met in eight year romance con

24-May-2018 Intellasia | Telegraph | 6:00 AM

A con artist who pretended to be a British film director has reportedly duped a Hong Kong woman out of HK$14 million (GBP 1.3 million) in the city’s biggest ever online [...]
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AP PHOTOS: Thousands join HK bun-snatching festival

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

Thousands of people flocked to an outlying island in Hong Kong on Tuesday to celebrate a local bun festival despite recording-breaking heat. A parade featured children [...]
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Taiwan terrorism suspect skips his trial date, soon to return to Taiwan

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

Taiwan youth threatened to “shoot up” school, now waiving right to trial on May 23 Rumours have been confirmed that An Tso “Edward” Sun (???), an [...]
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Taiwan Boosts Its Defenses Against Chinese ‘Strangulation’

24-May-2018 Intellasia | The American Conservative | 6:00 AM

Washington’s implicit defense commitment to Taiwan, enshrined in the 1979 Taiwan Relations Act, may soon be put to the test. The People’s Republic of China (PRC) [...]
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Airlines caving to Beijing demands on Taiwan despite White House protest

24-May-2018 Intellasia | Chicago Tribune | 6:00 AM

Global airlines are obeying Beijing’s demands to refer to Taiwan explicitly as a part of China, despite the White House’s call this month to stand firm against [...]
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Korea welcomes North’s decision to let reporters visit nuclear site

Korea welcomes North’s decision to let reporters visit nuclear site

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

North Korea has accepted a list of South Korean reporters to visit their nuclear testing site after a days-long tug of war with Seoul, South Korea’s unification [...]
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Korea’s tactic for manipulating Trump: Flatter the hell out of him

24-May-2018 Intellasia | Qz | 6:00 AM

World leaders have tried a wide array of tactics to get on president Donald Trump’s good side. France’s Emmanuel Macron showed him weapons and gives him lots of [...]
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Trump casts doubt on planned summit with N Korean leader

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

US President Donald Trump said on Tuesday there was a “substantial chance” his summit with North Korean leader Kim Jong Un will not take place as planned on June [...]
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Talks between North and Korea likely after May 25Korean official

Talks between North and Korea likely after May 25Korean official

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

High-level talks between North and South Korea will likely resume after May 25, once joint US-South Korea joint military drills are completed, a South Korean government [...]
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N Korea allows Korea reporters to visit nuclear site, official says

N Korea allows Korea reporters to visit nuclear site, official says

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

North Korea has accepted a list of South Korean reporters to visit their nuclear testing site after a days-long tug of war with Seoul, South Korea’s unification [...]
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