Archive for August 12th, 2019

Macau billionaire loses US appeal of UN-related bribery conviction

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

A US appeals court on Friday rejected billionaire Macau real estate developer Ng Lap Seng’s request to throw out his conviction and four-year prison sentence for [...] » More

China waiting out HK protests, but backlash may come

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

China’s central government has dismissed Hong Kong pro-democracy protesters as clowns and criminals while bemoaning growing violence surrounding the monthslong [...] » More

China issues ‘red alert’ as super typhoon Lekima approaches

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

Strongest storm in five years has already cancelled 300 flights and cut power to 40,000 homes in Taiwan China’s weather bureau issued a red alert as super typhoon [...] » More

Commentary: Who’s manipulating who in this China-US currency war?

12-Aug-2019 Intellasia | CNA | 6:02 AM

The US risks overstepping and becoming a currency manipulator itself, says Lowy Institute’s Roland Rajah. The United States has labelled China a currency manipulator. [...] » More

Explainer: How does China manage the yuan, and what is its real value?

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

The US government’s decision to label China a currency manipulator after Beijing allowed the yuan to weaken past the symbolic 7-per-dollar level has raised questions [...] » More

Trump says US government won’t do business with Huawei, not ready to make a trade deal with China

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

President Donald Trump said Friday that the US government will no longer have any dealings with Chinese telecom giant Huawei as the trade war continues to escalate. “We [...] » More

Canada praises ‘grit’ of Canadians detained in China

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

Canada’s foreign minister on Friday praised two Canadian men detained in China for their “grit” and “tenacity,” as the countries’ [...] » More

Chinese karaoke lover suffers collapsed lung after straining to reach the high notes

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

A man from eastern China needed hospital treatment after a marathon karaoke session left him with a collapsed lung, according to media reports. The 65-year-old from Nanchang [...] » More

Super Typhoon Lekima slams into southeast China

Super Typhoon Lekima slams into southeast China

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

At least 13 people were killed and 16 others missing in a landslide after Typhoon Lekima lashed eastern China, national television reported Saturday. The tragedy occurred in [...] » More

US-China trade deal in doubt, Trump says US ‘not ready’

US-China trade deal in doubt, Trump says US ‘not ready’

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

President Donald Trump cast more doubt on chances for a trade deal with Beijing on Friday, signaling he might cancel talks set for September amid an intensifying US-China [...] » More

US oil is likely to be China’s next target as trade war rages, energy analysts warn

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

China is expected to dramatically reduce its intake of US crude imports over the coming weeks, energy analysts have warned, following the latest flare-up in trade war [...] » More

IMF warns increasing US tariffs could cut China growth sharply

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

China’s economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth [...] » More

US, China step up war of words over HK

US, China step up war of words over HK

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

The United States and China have stepped up an increasingly harsh war of words over pro-democracy protests in Hong Kong, as Beijing seeks to push its accusations that the [...] » More

The escalating trade war between Korea and Japan, explained

The escalating trade war between Korea and Japan, explained

12-Aug-2019 Intellasia | VOX | 6:02 AM

South Korea and Japan are embroiled in a bitter trade war that could have consequences for a global economy that is already suffering from another trade war between the US [...] » More

Japan Shipping Key Chemical For Samsung, Does It Signal A Thaw In Japan-Korea Dispute?

12-Aug-2019 Intellasia | Forbes | 6:02 AM

There is hope yet for Japan and South Korea to work out their problems on trade. After Japan said yes to exporting one of the three chemical products needed for producing [...] » More