Archive for December 4th, 2018

Trump and Xi agreement buys time in trade war

04-Dec-2018 Intellasia | AP | 6:10 AM

The dinner-table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to [...]
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University denies ‘Chinese Frankenstein’ He Jiankui detained over gene-edited babies claim

04-Dec-2018 Intellasia | South China Morning Post | 6:10 AM

A university in southern China has dismissed claims that its controversial former employee He Jiankui, the scientist who claimed to have produced the world’s first [...]
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Jack Ma-backed Yunfeng broadens financial services with MassMutual’s insurance products

04-Dec-2018 Intellasia | South China Morning Post | 6:10 AM

Yunfeng Financial Group, backed by Alibaba Group Holding executive chair Jack Ma, will use fintech to sell insurance products of recently acquired MassMutual Asia, filling [...]
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No houses or cars, please: China calls for end to expensive, ‘vulgar’ wedding gifts

04-Dec-2018 Intellasia | The Guardian | 6:10 AM

The Chinese government has taken aim at the wedding industrial complex, calling for a “comprehensive reform” of the country’s increasingly expensive [...]
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Watch for another PBOC credit jolt to prop up China’s economy as growth momentum fades

04-Dec-2018 Intellasia | South China Morning Post | 6:10 AM

A sharp drop in government bond yields last month was fuelled by expectations that Beijing will take greater monetary policy easing steps, with the central bank likely to [...]
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China and Argentina sign currency swap deal after G20 summit

04-Dec-2018 Intellasia | Aljazeera | 6:10 AM

The new deal, an extension of a swap signed by the two countries last year, brings the total swap amount to $18.7bn. Argentina’s central bank has signed a deal with its [...]
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Japan’s Financial Regulator to Issue ICO Guidelines: Report

04-Dec-2018 Intellasia | CNN | 6:10 AM

Citing “informed sources,” Japanese press outlet JIJI Press reports that the Japanese Financial Services Agency is soon to regulate Initial Coin Offerings. The [...]
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Ghosn’s legal woes highlight governance failings in Japan

04-Dec-2018 Intellasia | AP | 6:10 AM

One of the biggest mysteries surrounding the arrest of Nissan’s former chair Carlos Ghosn is over how he allegedly could have underreported his income by millions of [...]
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Lockheed Martin Is Nearing $8 Billion F-35 Deal With Japan

04-Dec-2018 Intellasia | Fool | 6:10 AM

Japan is reportedly planning to acquire up to 100 additional Lockheed Martin (NYSE:LMT) F-35s, a big boost to the contractor’s effort to make the Joint Strike Fighter a [...]
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Japan’s corporate investment slows sharply, raises doubt about outlook

04-Dec-2018 Intellasia | Reuters | 6:10 AM

Japanese corporate capital expenditure rose for an eighth consecutive quarter in July-September but the pace of gains slowed sharply, raising doubts about the strength of [...]
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Japan November factory activity expands at weakest pace since August 2017: PMI

04-Dec-2018 Intellasia | Reuters | 6:10 AM

Japanese manufacturing activity expanded in November at the slowest pace in more than a year as growth in new orders slowed, a revised survey showed on Monday in a worrying [...]
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Cloud of suspicion in China over rice from near Japan’s nuclear meltdown zone

04-Dec-2018 Intellasia | South China Morning Post | 6:10 AM

The Chinese authorities may be ready to lift a ban on importing rice from a Japanese prefecture neighbouring a nuclear disaster site but Chinese consumers might need more [...]
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PM Lee puts hope on constructive outcome from Trump-Xi meeting

04-Dec-2018 Intellasia | Straits Times | 6:10 AM

That may pave way for further steps, he says, and points to positive aspect of G-20 summit Prime minister Lee Hsien Loong hopes the meeting between United States President [...]
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Financial resilience key as greater uncertainty looms: Finance minister Heng Swee Keat

04-Dec-2018 Intellasia | CNA | 6:10 AM

One key issue discussed among finance ministers at the G20 Leaders’ Summit was how to build a more resilient financial system at a national, regional and global level, [...]
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Grab in talks to invest $100 million in Indian hotels startup Oyo: ET

04-Dec-2018 Intellasia | Reuters | 6:10 AM

Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter told Reuters on Monday. Both [...]
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