Archive for March 28th, 2019
Business Briefs 28 March 2019
* Total assets of credit institutions and foreign banks in Vietnam by the end of last year had surged by 10.62 percent against the beginning of the year to more than VND11 [...] » More
China and Russia claim thousands of N Korean workers sent home
China and Russia have sent home more than half of their North Korean workers, likely tens of thousands of people, according to reports submitted to the UN North Korean [...] » More
The Latest: US had ‘nothing to do’ with NKorea embassy raid
The Latest on last month’s assault at the North Korean Embassy in Madrid (all times local): 9 p.m. A US State Department spokesman says that the government had nothing [...] » More
Asian shares mixed following rebound on Wall Street
Shares were mixed in Asia on Wednesday after US stocks finished broadly higher on Wall Street, erasing modest losses from a day earlier. Japan’s Nikkei 225 index fell [...] » More
Asian markets mostly up but traders remain on edge
Asian markets mostly rose Wednesday following a strong lead from Wall Street but traders remained on edge about the global economy, while oil prices extended gains after [...] » More
HK Refugee Who Sheltered Snowden Granted Asylum In Canada
The first of three Hong Kong-based refugee families who helped shelter National Security Agency leaker Edward Snowden when he was on the run, has been granted asylum in [...] » More
Cathay Pacific to buy budget airline HK Express for $628 mn
Hong Kong flag carrier Cathay Pacific announced Wednesday that it will buy budget airline HK Express for $628.15 million, as it moves to counter competition from the [...] » More
Cathay buys HK Express, will operate it as low-cost carrier
Cathay Pacific Group is acquiring budget regional carrier HK Express, which it will continue to operate as a low-cost carrier. The company, which operates Cathay Pacific [...] » More
US House speaker Nancy Pelosi has expressed ‘deep concern’ over HK plan to extradite fugitives to mainland China, visiting opposition politicians say
US House speaker Nancy Pelosi has expressed deep concern over a Hong Kong government plan to allow the transfer of fugitives to mainland China, according to a delegation of [...] » More
HK tourist charged in Australia after French woman finds hidden camera in Bondi Beach bathroom
A Hong Kong man has been charged in Australia for allegedly hiding a camera in a deodorant stick in a hostel bathroom at Sydney’s popular Bondi Beach. Local media [...] » More
Cryptocurrency miner Bitmain lets its HK IPO application lapse
Bitmain Technologies, the world’s largest designer of products used for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering [...] » More
HK’s Cathay Pacific Airways to pay HK$4.93 billion to buy budget carrier HK Express
Cathay Pacific Airways will pay HK$4.93 billion (US$628 million) to buy budget carrier HK Express from the HNA Group to become the dominant airline group in Hong Kong. The [...] » More
The New St. Regis HK Joins A Growing List Of Ultra Luxury Developments
One of the most dynamic, energetic, and cultural cities in the world, Hong Kong offers up a spectacular contrast with its famous city skyline surrounded by dramatic green [...] » More
Google expanding presence in Taiwan, hiring hundreds of employees
Today, Google announced that it is initiating a large expansion in Taiwan (via TechCrunch). The search giant will build a new campus not far from its current Taiwanese campus [...] » More
China Offers Special Breaks To Attract Taiwanese Startups, But Only 1pct Find Success
Taiwan’s government says many of the island’s young entrepreneurs are ready to seek their fortunes in China because mainland officials are offering incentives for [...] » More
