Archive for May 29th, 2018

Business Briefs 29 May 2018

29-May-2018 Intellasia | | 12:14 PM

* Dream House Investment Company (DRH) plans to issue 12 million shares, including 9.8 million shares at a 10-for-2 ratio to facilitate its capital hike and 2.2 million [...]
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Asian shares advance as markets mull N Korea, Italy, oil

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

European stock markets slipped Monday after small gains in Asia as investors digested the latest developments in North Korean diplomacy and Italian domestic politics. Crude [...]
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Xiaomi targets June hearing for $10bn HK IPO

29-May-2018 Intellasia | Business Live | 6:00 AM

Xiaomi aims to seek formal Hong Kong stock exchange approval on June 7 for an initial public offering (IPO) that could raise about $10bn, people with knowledge of the matter [...]
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Don’t be scared of Pakatan govt under Dr M, HK paper tells Chinese investors

29-May-2018 Intellasia | Malay Mail | 6:00 AM

Investors from China should not be afraid of doing business with Malaysia under the Pakatan Harapan (PH) government led by prime minister Tun Dr Mahathir Mohamad, the South [...]
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Hundreds march in HK to mark Tiananmen crackdown

Hundreds march in HK to mark Tiananmen crackdown

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

Protesters said they were marching to ensure the bloody crackdown was not forgotten Hundreds marched through Hong Kong on Sunday ahead of the 29th anniversary of [...]
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The weakest link in HK’s overall competitiveness

29-May-2018 Intellasia | Einsight | 6:00 AM

Hong Kong has lost the long-time crown as the world’s most competitive economy, according to the latest rankings from the IMD World Competitiveness Centre. Apparently, [...]
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Taiwan Ministry to update Patient Right to Autonomy Act regulations

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

Taiwan first country in Asia to legally protect the right of patients to end life support The Ministry of Health and Welfare is working toward implementing updated [...]
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‘Taiwan Defense Assessment Commission Act’ awaiting action in US House

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

A bill introduced in early May by Rep. Don Bacon would direct the Dept. of Defense to establish a commission to ensure the US is meeting commitments to continually improve [...]
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Honduras denies rumours of talks with Beijing on cutting ties with Taiwan

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

Honduras denies online rumours that its foreign minister has been negotiating with Beijing on severing ties with Taiwan Honduras yesterday (May 27) denied rumours that its [...]
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The Royal Bank of Canada has become the first financial institution to appease China in its political crackdown on Taiwan

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

The Royal Bank of Canada has become the latest foreign company to change its description of Taiwan from a country to a province of China. Bank customers who want to send [...]
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US keeping China out of drills presents opportunity for Taiwan, observers say

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

Academics and analysts called on the government to improve US-Taiwan military ties, after Washington on Wednesday disinvited China from joint military exercise to be held [...]
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Taiwan’s industrial production index up in April

29-May-2018 Intellasia | Xinhua | 6:00 AM

Taiwan’s industrial production index rose 8.5 percent in April from a year earlier to 102.94, mainly driven by strong demand for electronic components, according to the [...]
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Three Taiwanese citizens arrested smuggling gold into India

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

The travellers were caught with 6 kilogram of gold bars sewn into cloth pouches at Chhatrapati Shivaji International Airport on Saturday Three Taiwanese nationals have [...]
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Trump and Kim raise summit hopes after days of brinkmanship

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

North Korean leader Kim Jong Un is committed to “complete” denuclearisation of the Korean peninsula and to a landmark summit with US President Donald Trump, South [...]
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US officials in N Korea for summit preparations: Washington Post

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

A group of US officials crossed into North Korea on Sunday for talks on preparations for a summit between President Donald Trump and North Korean leader Kim Jong Un, The [...]
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