Archive for August 16th, 2019

Business Briefs 16 Aug 2019

16-Aug-2019 Intellasia | | 9:27 AM

* Property developer FLC Group (FLC) will begin construction tomorrow on FLC Legacy Kon Turn, the first modern urban area in the Central Highlands. Covering 19 hectares, the [...]
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Asian stocks lower after US indexes tumble on recession fear

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

Global stock markets were mostly lower Thursday after Wall Street fell on mounting fears of a possible recession. Benchmarks in London, Tokyo and Sydney declined while [...]
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Asia stocks slump on recession fears

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

Asian markets fell Thursday after the Dow suffered its worst day of the year as fears of a global recession mounted with investors fleeing equities. Tokyo’s key Nikkei [...]
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Trump suggests trade deal can wait for HK resolution

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

President Donald Trump suggested Wednesday that trade talks with China can wait until tensions in Hong Kong have eased, tweeting: “Of course China wants to make a deal. [...]
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Huawei needs its Android rival to succeed where Samsung and Microsoft failed

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

Huawei has a plan B to help protect its global smartphone business from the US-China trade war. But it’s incredibly risky. The Chinese company recently unveiled its own [...]
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HK tycoons toe China’s line on violent protests: Nisha Gopalan

16-Aug-2019 Intellasia | Bloomberg | 6:02 AM

After 10 weeks of silence, Hong Kong’s business elite have started voicing opposition to the city’s increasingly violent protests. The cracking in the facade of [...]
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US ‘deeply concerned’ by reports of China paramilitary movement near HK

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

The United States is “deeply concerned” about Chinese paramilitary movement along the Hong Kong border, a US State Department spokeswoman said on Wednesday, while [...]
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HK airport attacks trigger nationalist frenzy in mainland China

HK airport attacks trigger nationalist frenzy in mainland China

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

The attacks on two mainland Chinese men at Hong Kong airport on Tuesday evening by anti-government protesters have set off a firestorm of criticism on the mainland. The two [...]
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Trump links HK crisis to trade as China military rallies

Trump links HK crisis to trade as China military rallies

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

Donald Trump has urged China to “humanely” resolve the violent stand-off with pro-democracy protestors in Hong Kong, on the back of growing concerns that Beijing [...]
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Cathay Pacific Airways’ handover of crew details ‘satisfies mainland Chinese regulator’

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

Cathay Pacific Airways’ handover of details on crew working in mainland airspace has met the requirements of China’s aviation regulator, a senior official has [...]
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Two men accused of assaulting police at HK airport protest bailed

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

Two Hong Kong men accused of assaulting police during a protest at the city’s airport on Tuesday have been released on bail but barred from setting foot at the scene of [...]
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HK protesters offer apologies, China doubles down after airport clash

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

China said on Wednesday Hong Kong’s protest movement had reached “near terrorism” and more street clashes followed ugly scenes the previous day when [...]
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‘Disgusted’ HK civil servants warn of strike in second petition to government over handling of protests

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

More than 350 Hong Kong government workers have launched a second petition to their employer in less than a month this time with much stronger wording saying they are [...]
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HK Umbrella Movement leader released on bail

HK Umbrella Movement leader released on bail

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

A top opposition leader imprisoned on public disorder charges was released on bail Thursday as Hong Kong’s government attempts to quell a protest movement that has [...]
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Economist: HK’s tycoons ‘are the problem’ underlying recent unrest

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

* Civil unrest in Hong Kong stems in part from stratospheric housing prices that have locked many residents out of the market, says independent economist Andy Xie. * Hong [...]
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