Archive for September 5th, 2019

Business Briefs 05 Sep 2019

05-Sep-2019 Intellasia | | 9:15 AM

* Thang Long Air Services Corporation, which owns Taseco Air Services JSC (AST), will sell 4.5 million AST shares, or a 10% stake, between September 5 and October 4 to cut [...]
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Pound builds on recovery as election looms, Asia markets rise

05-Sep-2019 Intellasia | AFP | 6:02 AM

The pound edged up Wednesday to extend the previous day’s rebound with Britain looking set for a snap general election, while investors brushed off Donald Trump’s [...]
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Asian stocks rise after disappointing US manufacturing data

05-Sep-2019 Intellasia | AP | 6:02 AM

Asian stock markets rose Wednesday following surprise weakness in US manufacturing and wrangling in Britain over the country’s departure from the European Union. [...]
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Asia’s growing coal use could negate global climate change progress, UN says

05-Sep-2019 Intellasia | Reuters | 6:02 AM

Asia’s heavy and expanding reliance on coal power risks cancelling out global progress towards preventing catastrophic climate change, a top United Nations official [...]
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Joshua Wong asks people of Taiwan to show their support for HK protests

05-Sep-2019 Intellasia | Malay Mail | 6:02 AM

Joshua Wong Chi-fung has urged the Taiwanese people and politicians to stage a mass protest ahead of mainland China’s National Day to step up the pressure on Beijing [...]
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Beijing’s HK dilemma: ‘Play long’ or send troops?

05-Sep-2019 Intellasia | Malay Mail | 6:02 AM

China is facing tough choices over how to tackle months of pro-democracy protests in Hong Kong: hold dialogue with protesters, play the long game or send in troops. The [...]
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HK leader insists she will stay on

05-Sep-2019 Intellasia | AFP | 6:02 AM

Hong Kong’s embattled leader insisted Tuesday she had no intention of stepping down after an audio recording emerged of her saying she wanted to quit over three months [...]
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HK officials offer firms caught in US-China trade war and city protests fast tracked access to government funds worth up to HK$35 billion

05-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

Smaller firms in Hong Kong caught in the crossfire of city protests and the US-China trade war will have immediate access to funding worth up to HK$35 billion (US$4.5 [...]
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HK sapphire coating start-up targets expanded use in foldable phones, seeks $1.5 million in funding

05-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

Hong Kong start-up Cathay Photonics, which has patented technology for the application of scratch proof sapphire on glass and plastic, is targeting $1.5 million in pre-series [...]
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HK Businesses Are Reeling Amid the Protests, But Their Workers Say ‘Freedom’ Is More Important

05-Sep-2019 Intellasia | Time | 6:02 AM

On a recent weekday afternoon, twelve employees sat awaiting shoppers in a luxury jewellery store in Hong Kong’s prime tourist district, Tsim Sha Tsuiknown to locals [...]
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HK protester injured by police during arrest

05-Sep-2019 Intellasia | Reuters | 6:02 AM

Riot police fired beanbag guns and used pepper sprayboth anti-riot weaponsto clear demonstrators from outside Prince Edward metro station. Witness video obtained by Reuters [...]
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Singapore will not escape economic impact if HK unrest persists, trade minister Chan Chun Sing says

05-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

Prolonged disruption to Hong Kong’s stability will have a “negative spillover impact” on Singapore and the wider region, the Southeast Asian city [...]
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Facts about HK’s extradition bill

05-Sep-2019 Intellasia | Reuters | 6:02 AM

Hong Kong leader Carrie Lam is due to announce on Wednesday the formal withdrawal of an extradition bill that triggered months of unrest and has thrown the Chinese-controlled [...]
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FedEx says correctly handled HK package, disputing Xinhua report

05-Sep-2019 Intellasia | Reuters | 6:02 AM

FedEx Corp (FDX.N) on Tuesday said it correctly handled a package containing restricted types of knives that was bound for Hong Kong after China’s state-run Xinhua news [...]
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Two hospitalised in HK after police clash with protesters

Two hospitalised in HK after police clash with protesters

05-Sep-2019 Intellasia | Reuters | 6:02 AM

Hong Kong leader Carrie Lam will announce the withdrawal of an extradition bill that triggered months of unrest and has thrown the Chinese-ruled city into its worst crisis in [...]
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