Archive for August 16th, 2019
Business Briefs 16 Aug 2019
* 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 [...] » More
Asian stocks lower after US indexes tumble on recession fear
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 [...] » More
Asia stocks slump on recession fears
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 [...] » More
Trump suggests trade deal can wait for HK resolution
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. [...] » More
Huawei needs its Android rival to succeed where Samsung and Microsoft failed
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 [...] » More
HK tycoons toe China’s line on violent protests: Nisha Gopalan
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 [...] » More
US ‘deeply concerned’ by reports of China paramilitary movement near HK
The United States is “deeply concerned” about Chinese paramilitary movement along the Hong Kong border, a US State Department spokeswoman said on Wednesday, while [...] » More
HK airport attacks trigger nationalist frenzy in mainland China
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 [...] » More
Trump links HK crisis to trade as China military rallies
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 [...] » More
Cathay Pacific Airways’ handover of crew details ‘satisfies mainland Chinese regulator’
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 [...] » More
Two men accused of assaulting police at HK airport protest bailed
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 [...] » More
HK protesters offer apologies, China doubles down after airport clash
China said on Wednesday Hong Kong’s protest movement had reached “near terrorism” and more street clashes followed ugly scenes the previous day when [...] » More
‘Disgusted’ HK civil servants warn of strike in second petition to government over handling of protests
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 [...] » More
HK Umbrella Movement leader released on bail
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 [...] » More
Economist: HK’s tycoons ‘are the problem’ underlying recent unrest
* 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 [...] » More
