Archive for December 26th, 2018

Business Briefs 26 Dec 2018

26-Dec-2018 Intellasia | | 9:19 AM

* Vinh Hoan Corporation (VHC) sold its entire 102,000 treasury shares at the average price ofVND101,712 each from November 20 to December 13 via order matching transactions. [...]
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Asian shares mixed on US partial shutdown, Wall Street slump

26-Dec-2018 Intellasia | AP | 6:00 AM

Stock markets around the world remained under pressure Monday with investor confidence weighed down by the recent big sell-off that’s put key US indexes on course to [...]
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Wall Street battered as Treasury chief fails to reassure

26-Dec-2018 Intellasia | AFP | 6:00 AM

Wall Street shares plunged for a fourth straight session Monday as investors panned Treasury Secretary Steven Mnuchin’s efforts to try to reassure markets. Mnuchin on [...]
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Renewable energy applications skyrocket, but attaching remote HK houses to the grid is proving to be a challenge

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s biggest electricity supplier has received more than 1,100 applications to sell renewable energy into the grid since the scheme was announced earlier this [...]
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Pig farmers call for tougher measures as fears grow HK is not prepared for threat of African swine fever

Pig farmers call for tougher measures as fears grow HK is not prepared for threat of African swine fever

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Pig farmers in Hong Kong have threatened to stop cooperating with the government, and said the city’s reputation as a hotbed of gastronomy could suffer if measures to [...]
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Industrial waste in landfills up a fifth as China-bound rubbish piles high in HK

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

The amount of industrial waste ending up in Hong Kong’s landfills rose by a fifth last year as mainland China began shutting out waste imports from around the world, [...]
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The HK whizz kid who wants to revolutionise the way we use cryptocurrency

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Kenta Iwasaki wants to revolutionise cryptocurrency. The 20-year-old undergraduate, who turned down offers from Stanford University and California Institute of Technology in [...]
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Finance chief Paul Chan hints at fewer sweeteners in 2019-20 HK budget

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Finance minister Paul Chan Mo-po on Sunday hinted there would be fewer sweeteners for cash-strapped Hongkongers in his next budget as “public resources are not [...]
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Fault hits HK Observation Wheel, trapping dozens of passengers in cars

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

The Ferris wheel on Hong Kong’s harbourfront broke down on Sunday night, trapping dozens of passengers in cabins for up to an hour. Services on the Hong Kong [...]
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CNMC Goldmine’s bid for dual listing in HK rejected

26-Dec-2018 Intellasia | Straits Times | 6:00 AM

Hong Kong’s stock exchange has rejected Catalist-listed CNMC Goldmine’s application for a dual listing on its mainboard, citing CNMC’s inability to meet the [...]
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HK regains global IPO crown from New York in 2018 thanks to its listing reforms

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

The Hong Kong stock exchange reclaimed its crown as the No 1 IPO market in the world in 2018, beating last year’s winner New York, as listing reforms led to the highest [...]
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Industrial waste in landfills up a fifth as China-bound rubbish piles high in HK

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Industrial waste in landfills up a fifth as China-bound rubbish piles high in Hong Kong The amount of industrial waste ending up in Hong Kong’s landfills rose by a [...]
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African swine fever closes in on HK after latest case hits southern China

26-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

China’s agriculture ministry on Sunday reported a new outbreak of African swine fever at a pig farm in the outskirts of Guangzhou, bringing the virus closer to the [...]
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Taiwan records hottest winter solstice in 10 years

26-Dec-2018 Intellasia | CNA | 6:00 AM

Taiwan experienced the hottest winter solstice in 10 years when temperatures soared above 30 degrees Celsius Saturday at noon, the Central Weather Bureau (CWB) said that day. [...]
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S. Korea, Japan to hold talks over bilateral ties, N Korea

26-Dec-2018 Intellasia | Yonhap | 6:00 AM

The top nuclear envoys of South Korea and Japan met Monday to discuss ongoing efforts to denuclearise North Korea amid tensions in the bilateral ties caused by historical and [...]
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