Archive for March 27th, 2019

Business Briefs 27 March 2019

27-Mar-2019 Intellasia | | 10:56 AM

* SSI Securities Corporation (SSI) has signed an unsecured-loan contract worth $55 million with a financial institution group led by Taiwan’s SinoPac Bank. The loan [...]
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Thai military accused of ‘rigged’ election by former PM Thaksin

Thai military accused of ‘rigged’ election by former PM Thaksin

27-Mar-2019 Intellasia | AFP | 7:20 AM

Thailand’s military was accused Monday of rigging the country’s first election since a 2014 coup, with former premier Thaksin Shinawatra and his pro-democracy [...]
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Exclusive: Russia, China tell U.N. they sent home over half North Korean workers in 2018

Exclusive: Russia, China tell U.N. they sent home over half North Korean workers in 2018

27-Mar-2019 Intellasia | Reuters | 6:56 AM

Russia sent home nearly two-thirds of some 30,000 North Koreans working there during 2018 and China repatriated more than half of those employed there but did not specify a [...]
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Asian markets rise but traders on edge over global outlook

27-Mar-2019 Intellasia | AFP | 6:00 AM

While equity markets have bounced, there is a lot of uncertainty about the state of the global economy Asian markets mostly rose Tuesday after the previous day’s steep [...]
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Global stocks rebound after slide on growth worries

27-Mar-2019 Intellasia | AP | 6:00 AM

Global stock prices rebounded Tuesday a slide on worries about US and European economic growth. In early trading, London’s FTSE 100 rose 0.1 percent to 7,187.13 and [...]
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Dropping cross-harbour tunnel toll plan for second time ‘does not weaken HK government’, says leader Carrie Lam

27-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Chief Executive Carrie Lam Cheng Yuet-ngor said her government has decided to shelve for the second time a plan to change tolls on Hong Kong’s cross-harbour tunnels, [...]
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Canada grants asylum to woman who sheltered Snowden in HK

27-Mar-2019 Intellasia | AFP | 6:00 AM

Former US National Security Agency (NSA) contractor and whistle blower Edward Snowden speaking on March 15, 2019 via video link from Russia Former US National Security Agency [...]
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Ex-HK official sentenced to three years in prison in US bribery case

27-Mar-2019 Intellasia | Reuters | 6:00 AM

A former Hong Kong government official was sentenced to three years in prison on Monday by a US judge following his conviction for bribing officials in Chad and Uganda in [...]
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‘No regrets’: Saudi sisters hope for bright future after HK

27-Mar-2019 Intellasia | Reuters | 6:00 AM

Two Saudi Arabian sisters are hoping for a “bright, beautiful future” after being granted asylum, fleeing what they describe as an abusive family and a repressive [...]
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HK and Australia sign deals to open up bilateral free trade and services

27-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong and Australia on Tuesday signed deals to open up bilateral free trade and services, allowing the city prized access to the country’s rail and professional [...]
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Cryptocurrency giant Bitmain gives up on HK IPO amid lay-offs, leadership reshuffle

27-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Bitmain Technologies, the world’s biggest producer of bitcoin mining rigs, has given up on its plan to go public in Hong Kong, after the company struggled through mass [...]
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Aviation authority investigates why Cathay Pacific allowed pilot with measles to fly seven times in four days as HK tackles growing outbreak of the disease

27-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s aviation authority is investigating why Cathay Pacific Airways allowed a pilot with measles to fly seven times in four days, while the city grapples with a [...]
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Saudi sisters free but questions remain over 6-month stay in HK

27-Mar-2019 Intellasia | CNN | 6:00 AM

More than six months after they were stopped by Saudi officials at Hong Kong’s International Airport, two sisters who were determined to leave a life of oppression in [...]
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HK ex-official Patrick Ho jailed three years for bribery

27-Mar-2019 Intellasia | AFP | 6:00 AM

Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was jailed for three years Monday for a scheme to bribe African officials to boost a top Chinese energy [...]
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US sends 2 warships through Taiwan Strait ahead of China trade talks

US sends 2 warships through Taiwan Strait ahead of China trade talks

27-Mar-2019 Intellasia | AP | 6:00 AM

Two American warships sailed through the Taiwan Strait on Sunday to send a message to the Chinese government ahead of high-level trade talks between the two nations. The US [...]
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