Archive for November 15th, 2018

Business Briefs 15 November 2018

15-Nov-2018 Intellasia | | 8:59 AM

* Ardolis Investment Pte Ltd acquired 27.4 million shares in Masan Group (MSN) early this month, having purchased 24.5 million shares of the consumer goods producer on [...]
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In factory after factory, Kim tries to grow N. Korea economy

In factory after factory, Kim tries to grow N. Korea economy

15-Nov-2018 Intellasia | AP | 6:12 AM

 For North Korean factory managers, a visit by leader Kim Jong Un is the highest of honors and quite possibly the most stressful event imaginable. The chief engineer at the [...]
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Energy firms dive with oil in Asia, most regional markets retreat

15-Nov-2018 Intellasia | AFP | 6:00 AM

Asian energy firms took another battering on Wednesday after oil prices suffered their worst day in three years, while most of the region’s major equity markets fell [...]
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Asian stocks mostly in negative territory as oil prices slip further

15-Nov-2018 Intellasia | CNBC | 6:00 AM

* The mainland Chinese markets were in mixed territory by the end of the morning session. * Both US and Brent crude prices slipped in the afternoon of Asian trade, after oil [...]
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Asian mega free-trade deal stalls in Singapore despite China’s push against protectionism

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

China’s attempt to seal Asia’s biggest trade deal stalled at a regional summit in Singapore, despite Beijing’s efforts to counter American protectionism and [...]
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Cathay apologises over data breach but denies cover-up

15-Nov-2018 Intellasia | AFP | 6:00 AM

The top two executives at Hong Kong carrier Cathay Pacific on Wednesday apologised for the firm’s handling of the world’s biggest airline hack that saw millions [...]
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Louis Koo saddened by deaths of great HK icons

15-Nov-2018 Intellasia | Yahoo Newsroom | 6:00 AM

Louis Koo recently expressed his sadness over the continuous loss faced by the Hong Kong film industry, following the death of the many industry giants this year. As reported [...]
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Here’s what we know, and don’t know about the Cathay Pacific cyberattack after airline bosses faced lawmakers

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

Lawmakers grilled Cathay Pacific bosses for two hours on Wednesday about the massive cyberattack that hit the airline this year. Called “pathetic” by Claudia Mo, [...]
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Cathay Pacific execs grilled over data breach ‘crisis’

15-Nov-2018 Intellasia | Reuters | 6:00 AM

Cathay Pacific Airways said on Wednesday it is working with 27 regulators in 15 jurisdictions to investigate a data breach that affected millions of passengers, as Hong Kong [...]
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HK and Shenzhen officials can’t agree where the border is or if a river has moved

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

Hong Kong and Shenzhen officials cannot agree where the border between the two cities lies, it emerged on Wednesday. Chief Executive Carrie Lam Cheng Yuet-ngor made the [...]
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HK domestic helper who killed boy, 2, sent to mental hospital indefinitely after court concludes she is ill

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

A domestic helper in Hong Kong who claimed to be “possessed” by spirits when she killed a 21/2-year-old boy under her care, was sent to a mental hospital [...]
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Senior HK prosecutor charged with indecent assault must report to police every month as part of bail conditions

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

A senior Hong Kong public prosecutor must report to police every month as part of his bail conditions after being charged with indecently assaulting three women at the [...]
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Medical watchdog faces questions after revelations doctor arrested over suspected Botox death in HK was involved in fatal beauty treatment case in 2003

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s medical watchdog faces scrutiny over a decision to restore a veteran plastic surgeon’s licence after he was arrested over a suspected fatal Botox [...]
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Would-be buyers take heart as HK property market finally begins to cool

15-Nov-2018 Intellasia | Reuters | 6:00 AM

Potential homebuyers priced out of Hong Kong’s stratospheric property market may now feel more hopeful as housing prices finally begin to cool after a bullish stampede [...]
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Woman, 23, latest HK phone scam victim with HK$136,000 lost to fraudsters posing as mainland officials

15-Nov-2018 Intellasia | South China Morning Post | 6:00 AM

A 23-year-old Hong Kong woman has been cheated out of 121,000 yuan (HK$136,000) by fraudsters posing as mainland officials on the phone, becoming the latest victim as such [...]
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