Archive for September 13th, 2018

Business Briefs 13 Sep 2018

13-Sep-2018 Intellasia | | 9:10 AM

* Hoang Quan Consulting-Trading-Service Real Estate Corporation (HQC) has decided to issue Maximum VND300 billion worth of three-year bonds to invest in budget home projects [...]
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Asian stocks fall as China reacts to US tariffs

13-Sep-2018 Intellasia | AP | 6:00 AM

Asian shares fell on Wednesday as China delayed issuing licenses to American businesses hoping to operate in the country, as the threat of more trade tariffs from Washington [...]
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Asian markets stumble again as trade fears persist

13-Sep-2018 Intellasia | AFP | 6:00 AM

The sell-off on Asian markets extended into Wednesday with investors fearing an escalation in the US-China trade row after Beijing said it planned to impose anti-dumping [...]
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HSBC to bolster Asia private banking headcount, double client assets

13-Sep-2018 Intellasia | Reuters | 6:00 AM

* Plans to add 700 staff in Asian private banking business by 2022 * To double client assets under management in Asia by 2025 * Asia accounts for 39 percent of $330 billion [...]
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Seven pct of HK exports could be hit by US-China ‘trade typhoon’-official

13-Sep-2018 Intellasia | Reuters | 6:00 AM

Around seven percent of Hong Kong’s total exports could be impacted if the United States imposes a new round of trade tariffs on China, the city’s Commerce and [...]
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China hotpot firm Haidilao tests investor appetite with $1 billion HK IPO

13-Sep-2018 Intellasia | Reuters | 6:00 AM

Haidilao International Holding, one of China’s most popular hotpot chains, is seeking to raise up to $963 million (739.24 million pounds) in its Hong Kong initial [...]
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Australia competition watchdog okays bid by HK’s CKI for APA Group

13-Sep-2018 Intellasia | Reuters | 6:00 AM

Australia’s competition watchdog said on Wednesday it would not oppose a proposed A$12.98 billion ($9.2 billion) bid for APA Group by a consortium led by Hong [...]
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HK’s KMB looking to spend HK$200 million on seat belts for older buses

13-Sep-2018 Intellasia | South China Morning Post | 6:00 AM

Hong Kong transport operator KMB is looking into spending at least HK$200 million (US$25.5 million) to install seat belts on more than 1,000 existing buses, a panel heard on [...]
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Typhoon signal No 3 issued as winds strengthen in HK with Tropical Storm Barijat’s approach

13-Sep-2018 Intellasia | South China Morning Post | 6:00 AM

The Hong Kong Observatory issued the typhoon signal No 3 at 12.20pm on Wednesday as Tropical Storm Barijat moved closer to the city. The alert means strong winds are expected [...]
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US-China ‘trade typhoon’ could knock 7 pct off HK exports official

13-Sep-2018 Intellasia | Reuters | 6:00 AM

* Hong Kong highly exposed to US, China trade tensions -Yau * Says a dip expected in orders, shipments in Q4 and early 2019 * 2018 GDP growth forecast of 3-4 percent [...]
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HK secondary student gets 18-month probation for carrying airgun near Legco protest

13-Sep-2018 Intellasia | South China Morning Post | 6:00 AM

A pro-independence secondary school student in Hong Kong who brought an air pistol to a protest against changing the Legislative Council’s rule book was on Wednesday [...]
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Restriction on HK barristers taking second job set to be eased under proposed changes to Bar Association Code of Conduct

13-Sep-2018 Intellasia | South China Morning Post | 6:00 AM

Barristers will no longer need permission to have a second job under proposed changes by the Hong Kong Bar Association, after a challenge to the long-standing restriction [...]
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In HK, Anwar seeks to smooth ruffled Chinese feathers

13-Sep-2018 Intellasia | Malay Mail | 6:00 AM

Datuk Seri Anwar Ibrahim reiterated Malaysia’s commitment to ties with China and East Asian partners during a Hong Kong forum yesterday, after Putrajaya cancelled three [...]
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Taiwan must halt brain drain being encouraged by Beijing, says president-elect of top university

13-Sep-2018 Intellasia | AFP | 6:00 AM

Taiwan authorities should step up efforts to counter an academic “brain drain” from the island amid escalating political and economic pressure from Beijing, said [...]
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Taiwan’s stance on comfort women issue unchanged: foreign ministry

13-Sep-2018 Intellasia | Focus Taiwan | 6:00 AM

The government’s stance on seeking the rights and dignity of Taiwanese “comfort women”women forced to work in wartime brothels for the Japanese military [...]
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