Archive for August 6th, 2019

Business Briefs 06 Aug 2019

06-Aug-2019 Intellasia | | 8:39 AM

* The State Capital Investment Corporation (SCIC) will hold an auction to offload its entire 12 million shares or 34.71% at Domesco Medical Import Export Joint Stock [...]
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Asian stock tumble for 3rd day after China lets yuan sink

06-Aug-2019 Intellasia | AP | 6:02 AM

Asian stock markets fell for a third day Monday after China allowed its yuan to sink to an 11-year low following President Donald Trump’s latest tariff threat. [...]
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Asia markets sink as the Chinese yuan tumbles

06-Aug-2019 Intellasia | AFP | 6:02 AM

Asian markets plummeted Monday as the Chinese yuan fell sharply, days after US President Donald Trump’s vow to impose fresh tariffs on goods from China sent trade war [...]
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HK brought to a standstill as city-wide strikes and protests hit

06-Aug-2019 Intellasia | The Guardian | 6:02 AM

Hong Kong’s embattled leader, Carrie Lam, has warned that mass protests have pushed the region to the brink of a “very dangerous situation” as residents [...]
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Second night of tear gas as HK protesters defy China warnings

06-Aug-2019 Intellasia | AFP | 6:02 AM

Riot police fired tear gas at pro-democracy protesters in a Hong Kong shopping district Sunday during a second consecutive night of clashes, as China delivered fresh warnings [...]
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HK protests: Driver ‘injures one’ after ploughing through crowd of demonstrators

06-Aug-2019 Intellasia | The Independent | 6:02 AM

One person has reportedly been injured after a car ramming through barricades set up by pro-democracy protesters in Hong Kong. Demonstrators had been attempting to block a [...]
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HK police play catch-up as anti-government protesters wreak havoc across the city

HK police play catch-up as anti-government protesters wreak havoc across the city

06-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

Tear gas filled the streets of Causeway Bay on Sunday as Hong Kong’s premier shopping district became the latest battleground for repeated clashes between police and [...]
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HK shares drop close to 3pct amid disruptions due to a general strike

06-Aug-2019 Intellasia | CNBC | 6:02 AM

* Hong Kong shares declined Monday as businesses faced major disruptions amid a general strike aimed at bringing the city to a standstill. * The benchmark Hang Seng index [...]
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Longstanding economic frustration is fuelling HK’s protests, expert says

06-Aug-2019 Intellasia | CNBC | 6:02 AM

* Hundreds of thousands of protesters have taken to Hong Kong’s streets since early June, spurred by their opposition to a proposed bill that would have allowed people [...]
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Clashes, travel chaos in HK as leader warns city on brink

06-Aug-2019 Intellasia | AFP | 6:02 AM

Hong Kong riot police clashed with pro-democracy protesters for a third straight day Monday, as the city’s leader warned the global financial hub was nearing a [...]
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Strikes in HK force Cathay Pacific to cancel more than 150 flights

Strikes in HK force Cathay Pacific to cancel more than 150 flights

06-Aug-2019 Intellasia | CNN | 6:02 AM

Mass demonstrations and strikes in Hong Kong forced its biggest airline, Cathay Pacific, to cancel more than 150 flights on Monday and urge passengers to postpone [...]
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HK leader says city on brink as protesters unleash travel chaos

HK leader says city on brink as protesters unleash travel chaos

06-Aug-2019 Intellasia | AFP | 6:02 AM

Hong Kong riot police clashed with pro-democracy protesters for a third straight day Monday as the city’s leader warned the global financial hub was nearing a [...]
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The night quiet HK working-class neighbourhood Wong Tai Sin became a smoking battleground

06-Aug-2019 Intellasia | AFP | 6:02 AM

Residents of Wong Tai Sin are used to the sight and smell of smoke, but only from the burning of incense at the altars of its famed temple, which, like the district itself, [...]
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Strike grips HK as leader warns protests challenge China’s sovereignty

06-Aug-2019 Intellasia | Reuters | 6:02 AM

Hong Kong was plunged into fresh chaos on Monday as a general strike followed another weekend of violent protests, paralysing transport, leading to more than 200 flight [...]
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Hundreds of flights cancelled leaving travellers facing chaos as citywide strike action hits HK International Airport

06-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

A paralysing citywide strike as part of the escalating anti-government protests forced Hong Kong airport authorities to cancel some 230 flights on Monday morning. Air traffic [...]
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