Archive for May, 2019

Business Briefs 31 May 2019

31-May-2019 Intellasia | | 8:52 AM

* Power Engineering Consulting Company No.2 (TV2) will start trading over 12.3 million shares on the Hochiminh Stock Exchange on June 6 at the initial price of VND151,000. [...] » More

Asian markets slump over slowdown fears

31-May-2019 Intellasia | AFP | 6:00 AM

Asian markets largely fell Thursday as Beijing ratcheted up its rhetoric against Washington, fanning investor anxiety over the US-China trade war and a potential global [...] » More

Singapore, Malaysia, Vietnam added to US currency watchlist

31-May-2019 Intellasia | Bloomberg | 6:00 AM

The US Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny. Singapore made the [...] » More

Why Alibaba’s HK IPO May Signal a Chinese Retreat From Wall Street

31-May-2019 Intellasia | Fortune | 6:00 AM

Clay Chandler here, filling in for Adam from rainy Hong Kong where everybody is buzzing about Alibaba. As we briefly mentioned on Tuesday, the Chinese tech behemoth is [...] » More

Exclusive: HK judges see risks in proposed extradition changes

31-May-2019 Intellasia | Reuters | 6:00 AM

Some Hong Kong judges fear they are being put on a collision course with Beijing as the special administrative region’s government pushes for sweeping legal changes [...] » More

HK’s Basic Law allows for same-sex marriage restrictions, city’s lawyers argue in landmark LGBT court challenge

31-May-2019 Intellasia | South China Morning Post | 6:00 AM

Lawyers for the government on Wednesday argued that Hong Kong’s constitution allowed for not recognising same-sex marriages and civil unions, as the city’s first [...] » More

HK leader Carrie Lam survives first no confidence vote, as democrats cite ‘lies’ over extradition row

31-May-2019 Intellasia | HKFP | 6:00 AM

Hong Kong’s pro-democracy lawmakers have put forward the first no-confidence vote against Chief Executive Carrie Lam, which took place amid escalating international [...] » More

Cigarette Giant Rolls Into HK With IPO Plan

31-May-2019 Intellasia | Caixin Global | 6:00 AM

It won’t win the award for the most politically correct initial public offering. But that’s not stopping cigarette behemoth China Tobacco, also known as CNTC, [...] » More

Hundreds of petitions appear in protest of HK’s controversial China extradition bill

31-May-2019 Intellasia | HKFP | 6:00 AM

Hundreds of petitions have appeared over recent days in opposition to the Hong Kong government’s controversial extradition bill, attracting thousands of signatories [...] » More

‘No easy fix’ for HK firms affected by tariffs as US customs tightens scrutiny, former trade official says

31-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong businesses impacted by the US tariffs on $250 billion in Chinese goods have “no easy fix” but could consider several strategies to minimise their [...] » More

Taiwan holds military drills, vows to defend against Chinese aggression

31-May-2019 Intellasia | Reuters | 6:00 AM

Taiwan’s air, sea and land forces conducted a drill to repel an invading force on Thursday, as its defence minister pledged to defend the self-ruled island against [...] » More

Taiwan should diversify exports amid trade war: IMD economist

31-May-2019 Intellasia | Focus Taiwan | 6:00 AM

Taiwan needs to diversify the products it exports and the markets it sells to if it wants to ease pressures it faces from the United States-China trade war, an economist with [...] » More

Taiwan’s military trains for a Chinese invasion on the beach

31-May-2019 Intellasia | AP | 6:00 AM

Taiwanese tanks and soldiers have fired at simulated Chinese forces in an anti-invasion drill on the island’s coast. The live-fire drill on Thursday at a beach in [...] » More

Beijing angered by Taiwan president’s meeting with Tiananmen Square activists

Beijing angered by Taiwan president’s meeting with Tiananmen Square activists

31-May-2019 Intellasia | Taiwan News | 6:00 AM

Tsai Ing-wen met last week with Chinese activists involved in the democracy protests, the first Taiwan president to do so in 30 years President Tsai Ing-wen’s recent [...] » More

No military purchases from Taiwan companies on US blacklist: MND

31-May-2019 Intellasia | Focus Taiwan | 6:00 AM

Taiwan’s military has not purchased products from eight Taiwanese companies that have recently been put on a US Department of Commerce blacklist, military officials [...] » More