Archive for May 16th, 2019

Business Briefs 16 May 2019

16-May-2019 Intellasia | | 9:21 AM

* Tu Liem Urban Development JSC (NTL) will pay a 2018 cash dividend for its shareholders at a ratio of 15%, or VND1,500 per share. With 61 million outstanding shares, NTL [...]
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China, HK stocks gain on trade, stimulus hopes

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

Chinese stocks broke a two-day losing streak as traders hoped for fresh stimulus on weak economic data and an end to the US-China trade impasse. The Shanghai Composite gained [...]
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HK internet celebrity Raymond Yuen sparks outrage after hitting back at investors in HK$30 million controversy over online claw machine business

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

A Hong Kong man accused of being behind a multimillion-dollar online investment trap caused an uproar on Wednesday after he said those who claimed they were victims were not [...]
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HK sounds the alarm on Chinese capital flight

16-May-2019 Intellasia | Telegraph | 6:00 AM

egulators in Hong Kong are increasingly nervous about the accelerating pace of capital outflows from China after the collapse of trade talks, fearing a wave of financial [...]
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HK is Set for a US-China Showdown

HK is Set for a US-China Showdown

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

Authoritarian governments deploy a range of strategies to maintain their grip on power. Sometimes, they terrify their citizens into submission. At other times, they take a [...]
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More mainland Chinese want to buy HK property: UBS survey

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

Hong Kong is the most favourable offshore real estate market for mainland Chinese, despite an escalation in US-China trade tensions and concerns over a controversial [...]
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HK lawmakers clash over what democrats call ‘evil’ extradition bill

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

Hong Kong legislators clashed on Tuesday over a proposed extradition law that would allow people to be sent to China for trial, after ugly brawls in the legislature over the [...]
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71 people from mainland China detained in separate raids against prostitution and illegal hiring in HK

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

Seventy-one people from mainland China were arrested in three separate operations by Hong Kong authorities against prostitution and illegal employment, police said on [...]
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Pilot e-health portal to give HK patients a closer look at their vital health data and allow them to actively manage their health

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

Patients in Hong Kong will be able to access their own medical records and input health data with the trial run later this year of a new portal for the city’s [...]
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MSCI cuts Taiwan’s weighting in three indexes

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

Global index provider MSCI Inc. has decided to lower Taiwan’s weighting in three of its indexes in the latest adjustments announcement overnight after a semi-annual [...]
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Taiwan’s LGBT community protests ahead of parliament vote

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

Taiwan has until May 24 to legalise same-sex marriage after a 2017 ruling by the island’s top court. The court did not give specific guidance on how laws regulating [...]
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Taiwan gay couples plan weddings even as opponents fight back

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

At the cake shop they run in Taipei, Shane Lin and Marc Yuan are planning their upcoming wedding as they expectantly await Asia’s first gay marriage lawbut a [...]
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10 more foreign professionals become naturalised citizens in Taiwan

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

Another 10 foreign professionals, including a university professor and an agricultural machinery technician, have been approved for naturalisation in Taiwan without [...]
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Commentary: As N Korea fires missiles again, diplomacy teeters on the brink of collapse

Commentary: As N Korea fires missiles again, diplomacy teeters on the brink of collapse

16-May-2019 Intellasia | CNA | 6:00 AM

If we get to 2020 without any substantive change in the Trump administration’s approach to North Korea, a reversion to North Korea’s belligerent behaviour of the [...]
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Samsung says new smartphone series off to strong start in India

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

Samsung Electronics has sold 5 million units of its Galaxy A series smartphones, generating sales of over $1 billion since it began selling the devices in March, a senior [...]
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