Archive for May 28th, 2018

Business Briefs 28 May 2018

28-May-2018 Intellasia | | 2:40 PM

Masan Group Corporation (MS ) has announced to issue over 5.7 million shares under an employee stock ownership plan, or 0.5 percent of the total outstanding volume. MSN will [...]
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Corrupt Chinese Official Launders Money Through Banks in HK

28-May-2018 Intellasia | The Epoch Times | 6:00 AM

China’s state-run media recently reported on the ongoing trial of a corrupt official and revealed how he was able to launder bribes he received through banks in Hong [...]
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Catalyst to sell Rumford paper mill to HK company

28-May-2018 Intellasia | Bangor Daily News | 6:00 AM

Catalyst Paper, the Canadian company that last July said it planned to pump $56 million into a new tissue-making machine to tap what it called a growing market for the [...]
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US House includes provisions to help improve Taiwan’s defenses in budget

28-May-2018 Intellasia | Taipei Times | 6:00 AM

The US House of Representatives on Thursday passed its annual defense spending bill for fiscal year 2019, which includes provisions to help strengthen Taiwan’s military [...]
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Taiwan raises 2018 GDP forecast on strong tech demand

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

Taiwan raised its 2018 economic growth forecast to 2.60 percent from 2.42 percent previously, the statistics agency said on Friday, with global tech demand helping to [...]
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Taiwan Loses 2 More Allies To China And Scrambles Jets To Track Chinese Bomber Drills

28-May-2018 Intellasia | NPR | 6:00 AM

It’s not easy being in charge of foreign relations of a country most of the world refuses to recognise. Taiwan lost another ally on Thursday. The West African country [...]
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World Health Organization blocks Taiwanese outlets from attending annual assembly

28-May-2018 Intellasia | CPJ | 6:00 AM

The Committee to Protect Journalists is deeply troubled by the World Health Organization’s decision to deny Taiwanese media outlets press accreditation to its annual [...]
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N Korea imposed strict rules for journalists at nuclear demolition show

N Korea imposed strict rules for journalists at nuclear demolition show

28-May-2018 Intellasia | CBS News | 6:00 AM

North Korea set off a series of massive explosions at the Punggye-ri nuclear testing site in the northeast of the country, claiming it was destroyed. CBS News was the only US [...]
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On again? Trump says still chance of June 12 N Korea summit

On again? Trump says still chance of June 12 N Korea summit

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

US President Donald Trump on Friday dangled the possibility that a June 12 summit with North Korea’s leader Kim Jong Un could still take place, just a day after he [...]
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Trump says N Korea summit could still happen

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

One day after abruptly pulling the plug on a high-stakes summit with North Korea, US President Donald Trump said Friday the meeting with Kim Jong Un could go ahead after [...]
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Trump says he’ll spare Chinese telecom firm ZTE from collapse, defying lawmakers

28-May-2018 Intellasia | Washington Post | 6:00 AM

President Trump said late Friday he had allowed embattled Chinese telecommunications giant ZTE Corp. to remain open despite fierce bipartisan opposition on Capitol Hill, [...]
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Trump administration reaches deal to save China’s ZTE

Trump administration reaches deal to save China’s ZTE

28-May-2018 Intellasia | CBS News | 6:00 AM

The Trump administration has told Congress that it’s reached a deal allowing Chinese telecommunications giant ZTE Corp. to stay in business on Friday. A resolution of [...]
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Exclusive: China Inc tightens reins on debt, raises specter of slowdown

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

Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried [...]
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Airlines comply with China’s request to change description of territories

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

China’s aviation regulator said on Friday (May 25) 18 out of 44 airlines it contacted have changed how they refer to Chinese territories on their websites by the 30-day [...]
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There’s no China crisis, it’s called diplomacy and it works

28-May-2018 Intellasia | The Australian | 6:00 AM

What a boisterous week it has been in our relationship with China. It began the previous weekend when former Australian ambassador to China Geoff Raby criticised the Turnbull [...]
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