Archive for May 30th, 2018

Business Briefs 30 May 2018

30-May-2018 Intellasia | | 2:53 PM

* Saigon Thuong Tin Real Estate Company (SCR) will buy over 5.7 million shares in Nguyen Kim Da Nang Trading Company to secure a 90 percent stake. SCR plans to spend VND297 [...]
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Major markets in Asia close lower amid dampened sentiment

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

Major markets in Asia closed lower on Tuesday, with Italian politics and the slide in oil prices in the spotlight. Japan’s Nikkei 225 declined 0.55 percent, or 122.66 [...]
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Shares fall in Europe, Asia as Italy crisis lingers

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

Worries that Europe’s debt crisis is about to flare up again in the wake of political uncertainty in Italy weighed heavily on stock markets on Tuesday and sent the euro [...]
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Star Peruvian chef Virgilio Martinez to debut on HK dining scene

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

Peruvian chef Virgilio Martinez, whose Lima restaurant Central has held the title of Latin America’s best restaurant three times, will be opening a new restaurant in [...]
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Swiss watch exports rise in April as HK booms

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

Swiss watch exports rose 13.8 percent in April to 1.76 billion Swiss francs ($1.77 billion), powered by a boom in the crucial Hong Kong market, trade data showed on Tuesday. [...]
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New Chinese plans are raising questions about HK’s IPO prominence

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

A slate of hot Chinese technology companies are expected to debut in Hong Kong this year, potentially making the city the top market for IPOs in the world. Advisory firm PwC [...]
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Mainland Chinese woman accused of taking photos in HK courtroom remanded in custody after failing to post bail

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

A mainland Chinese woman accused of taking photos in a Hong Kong court was on Tuesday remanded in police custody, after she failed to post cash bail of HK$50,000 (US$6,400) [...]
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What’s in a name? It’s the difference between boom and bust in HK property

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

There is a Chinese saying that translates roughly as: “Being given a bad name is worse than being born into a life of bad luck.” That sentiment does not just [...]
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Six ways to spot a fake Buddhist monk after HK ex-actress Mary Jean Reimer on crusade to expose them strikes again

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

An actress-turned-lawyer who launched a crusade to expose fake monks has struck again. This time she confronted an impostor soliciting donations in London, who she cornered [...]
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HK is second largest market in the world for smuggled endangered black spotted turtles, report finds

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

Hong Kong has become the second largest market for smuggled endangered black spotted turtles, according to an international report published on Monday. Customs and police [...]
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Taiwan Cabinet confirms approval of new education minister’s resignation

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

Wu Maw-Kuen was in the office for only 41 days, the most short-lived education minister in the history of the country Amid the prolonged controversy of former National [...]
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China gives airlines reprieve on references to Taiwan

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

Beijing wants airlines to stop placing Taiwan on equal footing with mainland China and has given them more time to ensure compliance in their websites or operations MOST of [...]
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Taiwan welcomes Haiti president as China chips away at allies

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

Taiwan President Tsai Ing-wen welcomed the leader of the Caribbean nation of Haiti with a military salute on Tuesday on his first official trip to Taipei, as China ramps up [...]
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Taiwanese citizen assaulted by mainland Chinese tourists in Cambodia, reports say

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

A British-born Taiwanese was beaten up in Cambodia on Saturday by a group of Chinese men who took offence at the fact he had the word “Taiwan” tattooed on his [...]
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Korea keeps door open to more talks with N Korea

Korea keeps door open to more talks with N Korea

30-May-2018 Intellasia | Axios | 6:00 AM

There could be more talks and summits between South Korean President Moon Jae-in and North Korean leader Kim Jong-un, Moon said on Monday according to Reuters, as US [...]
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