Archive for May 7th, 2019

China frees up $41.5 billion for loans to small firms as Donald Trump threatens tariff rise

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

China’s central bank on Monday announced new measures to free up 280 billion yuan (US$41.5 billion) for loans to small firms. The announcement came just hours after US [...]
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China April services sector expands further on strong export sales: Caixin PMI

07-May-2019 Intellasia | Investing | 6:00 AM

Activity in China’s services sector further improved in April, with export sales rising at a record pace, a private business survey showed on Monday, although the [...]
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China’s consumer spending surges over extended Labour Day holiday

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

Beijing’s decision to extend this year’s Labour Day holiday from 24 hours to 96 achieved the desired effect of increasing consumer spending, according to official [...]
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Fed up Canada tells US to help with China crisis or forget about favours

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

Canada is leaning on the United States to help settle a dispute with China, which has started to block imports of vital Canadian commodities amid a dispute over a detained [...]
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Trump to hike tariffs on $200 bn of Chinese goods

Trump to hike tariffs on $200 bn of Chinese goods

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

US President Donald Trump announced Sunday that the United States would raise tariffs on $200 billion of Chinese goods to 25 percent this week, because trade talks are moving [...]
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Exclusive: Sequoia China to cut up to 20pct of investment staff as tech growth slows sources

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

Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the [...]
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Japan’s new era pits liberal emperor against conservative prime minister

Japan’s new era pits liberal emperor against conservative prime minister

07-May-2019 Intellasia | Asia Times | 6:00 AM

Japan’s Reiwa, or “Beautiful Harmony” era, which got under way with the enthronement of Emperor Naruhito on May 1, may become unattractively contentious: It [...]
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Japanese warships off Okinawa could soon carry ground troops as Tokyo keeps eyes on Beijing

Japanese warships off Okinawa could soon carry ground troops as Tokyo keeps eyes on Beijing

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

Japan is considering deploying ground troops aboard Maritime Self-Defence Force warships in waters off the country’s southwest. It would be the latest enhancement of [...]
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Japan fashion tycoon says selling valuable paintings, has no money

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

Japanese fashion tycoon Yusaku Maezawa said he plans to auction off artworks worth millions of dollars because he has no money. Maezawa, the founder and CEO of online fashion [...]
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56 sexual misconduct cases handled by autonomous universities in past 3 years: Ong Ye Kung

07-May-2019 Intellasia | Yahoo News Singapore | 6:00 AM

A total of 56 disciplinary cases involving sexual misconduct were handled by autonomous universities over the past three years, said Education minister Ong Ye Kung in [...]
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Spotted: Captain America casually taking the train in Singapore while dressed in full gear

07-May-2019 Intellasia | Coconuts Singapore | 6:00 AM

Avengers: Endgame has been out for more than a week, but the hype is still going strong. (No spoilers here, don’t worry.) Which is probably why Captain America decided [...]
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Voyeurism is a growing concern in Singapore: Ong Ye Kung

07-May-2019 Intellasia | Yahoo News Singapore | 6:00 AM

Voyeurism must be recognised as a growing concern in Singapore, and autonomous universities must “keep up with the times” and ensure that policies and processes [...]
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$1.2M lottery win by husband part of divorcing couple’s matrimonial assets: Court of Appeal

07-May-2019 Intellasia | Yahoo News Singapore | 6:00 AM

Lottery winnings constitute a “matrimonial asset” and form part of the pool of monies to be divided between a divorcing couple, the Court of Appeal ruled on [...]
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Aloysius Pang’s death was preventable if all in howitzer gun complied with safety rules: COI

07-May-2019 Intellasia | Yahoo News Singapore | 6:00 AM

The death of CFC (NS) Aloysius Pang was preventable had there been compliance with safety rules by all personnel inside the self-propelled howitzer (SSPH) that Pang was [...]
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Charlie Munger: ‘If you want one mantra, it comes from’ Singapore’s first prime minister

07-May-2019 Intellasia | Yahoo Finance | 6:00 AM

Berkshire Hathaway’s vice chair, Charlie Munger, said Saturday that the one mantra he followed in life came from Singapore’s Lee Kuan Yew, the first prime [...]
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