Archive for May 23rd, 2019

In the Philippines, police inquiry finds no evidence of Huawei spying for Beijing

In the Philippines, police inquiry finds no evidence of Huawei spying for Beijing

23-May-2019 Intellasia | South China Morning Post | 9:07 AM

Philippine authorities on Tuesday said there was no evidence Huawei engages in spying for Beijing, based on the initial results of an inquiry into espionage allegations [...]
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Business Briefs 23 May 2019

23-May-2019 Intellasia | | 8:54 AM

* Vietnam National Seed Group (NSC) plans to issue VND100 billion worth of unsecured non-convertible bonds via a private placement. The one-year notes will be offered in the [...]
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After Huawei blow, China says US must show sincerity for talks

After Huawei blow, China says US must show sincerity for talks

23-May-2019 Intellasia | Reuters | 8:45 AM

The United States must show sincerity if it is to hold meaningful trade talks, China said on Friday, after US President Donald Trump dramatically raised the stakes with a [...]
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‘The Economy Is Slipping’: China’s Slowdown Hits Former Boomtown

‘The Economy Is Slipping’: China’s Slowdown Hits Former Boomtown

23-May-2019 Intellasia | NPR | 8:44 AM

He Qiang should be manning his convenience store, but today he’s collecting tiny green berries along the road and shooting them at birds with his slingshot. The [...]
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US firms rethink China presence because of trade war: survey

US firms rethink China presence because of trade war: survey

23-May-2019 Intellasia | AFP | 8:39 AM

Most US businesses in China are hurting from the tariffs war between the two countries, forcing some companies to relocate abroad or refocus their business, a survey showed [...]
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Washington and Beijing in ‘contest of wills’ in South China Sea

Washington and Beijing in ‘contest of wills’ in South China Sea

23-May-2019 Intellasia | South China Morning Post | 8:38 AM

China and the United States have entered a “contest of wills” in the South China Sea, according to analysts. The assessment follows the latest passage of a US [...]
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Indonesian capital tense after overnight election clashes

Indonesian capital tense after overnight election clashes

23-May-2019 Intellasia | AFP | 8:35 AM

Indonesian police said Wednesday they were probing reports that at least one demonstrator was killed in clashes that broke out in the capital Jakarta overnight after a rally [...]
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Indonesian police arrest at least 20 amid post-election violence

Indonesian police arrest at least 20 amid post-election violence

23-May-2019 Intellasia | AFP | 8:13 AM

Six people died in civil unrest that gripped parts of Jakarta on Tuesday night after the election commission confirmed that President Joko Widodo won last month’s [...]
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US-China trade war may ‘get worse before it gets better’ as Beijing cranks up nationalism

US-China trade war may ‘get worse before it gets better’ as Beijing cranks up nationalism

23-May-2019 Intellasia | CNBC | 8:10 AM

* Talks to end the trade dispute between the US and China are believed to have hit a roadblock, and relations between the economic superpowers have deteriorated earlier this [...]
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N Korea: US should consider consequences of ship seizure

N Korea: US should consider consequences of ship seizure

23-May-2019 Intellasia | Fox News | 8:09 AM

North Korea’s UN ambassador says the Trump administration should consider the possible consequences its seizing of a North Korean cargo ship could have on relations [...]
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Hong Kong leader presses on with extradition bill undeterred by critics

Hong Kong leader presses on with extradition bill undeterred by critics

23-May-2019 Intellasia | Reuters | 8:08 AM

Hong Kong’s leader said on Tuesday that her administration was determined to push through an extradition bill that could see individuals sent back to mainland China for [...]
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US-China trade dispute could last ‘not just over months or years, but even decades’

US-China trade dispute could last ‘not just over months or years, but even decades’

23-May-2019 Intellasia | Finance | 8:07 AM

The US trade dispute with China isn’t going to see a real resolution anytime soon. “It’s a long-term issue where we and Chinese are going to have to figure [...]
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As Asia’s worst currency keeps dropping, warnings get louder

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

Are South Korean authorities drawing a line in the sand for the won? As the currency dropped around 2 percent this month toward 1,200 against the dollar, the Ministry of [...]
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HK civil servant among 13 injured in Guangzhou as car ploughs into pedestrians

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

A Hong Kong senior government press officer was among at least 13 people injured when a car ploughed into pedestrians in the southern Chinese city of Guangzhou on Tuesday [...]
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China makes its case for HK’s divisive extradition bills

23-May-2019 Intellasia | CNBC | 6:00 AM

* A Chinese official in Hong Kong is urging quick passage of legal measures to allow fugitives to be transferred to the mainland. * The Hong Kong government plan has spawned [...]
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