Archive for September 19th, 2019

Markets Right Now: Stocks fall further after Fed rate cut

19-Sep-2019 Intellasia | | 2:29 PM

The latest on developments in financial markets (all times local): 2:50 p.m. Stocks are dropping after the Federal Reserve cuts its benchmark interest rate for a second time [...]
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Business Briefs 19 Sep 2019

19-Sep-2019 Intellasia | | 9:27 AM

* VinFast Manufacturing and Trading Co., Ltd, will issue VND5 trillion worth of bonds this year underwritten by its parent company, Vingroup Joint Stock Company (VIC). Global [...]
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Asian gasoil profit margins surge to strongest September levels in 6 years

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

Asian refining profit margins for gasoil have surged to their highest levels for the month of September in six years, buoyed by expectations for higher demand as the shipping [...]
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Asian markets mixed ahead of key Fed meeting

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

Asian equities were mixed Wednesday, with attention turning to the Federal Reserve’s key policy decision later in the day, while investors remain on alert for [...]
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UPDATE 1-Activists push US Congress to pass HK bill

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

Hong Kong democracy activists urged members of the US Congress on Tuesday to pass legislation to combat human rights abuses in the city, rejecting any suggestion that such a [...]
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HK train derailing: services returning to MTR East Rail line as fourth crack revealed

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

A fourth crack has been discovered on the track near to Hung Hom station as services partially returned to the MTR line where a train derailed a day earlier. One of two [...]
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Budweiser maker revives HK IPO plan with reduced ambitions

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

The maker of Budweiser and Stella Artois beers has revived plans to list its Asia unit in Hong Kong, saying it wants to raise almost $5 billion in what would be the [...]
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Happy Valley horse races abandoned after HK protest threat

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

Hong Kong’s Jockey Club cancelled all races planned for Wednesday after pro-democracy protesters said they would target the Happy Valley racecourse where a horse [...]
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Former HK leader Tung Chee-hwa honoured by Beijing for contribution to ‘one country, two systems’, praised for ‘safeguarding national security’ during tenure

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

Former Hong Kong leader Tung Chee-hwa has been recognised by Beijing for his contribution to the “one country, two systems” governing principle over the city, [...]
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China’s HK Problem Is Just Beginning

China’s HK Problem Is Just Beginning

19-Sep-2019 Intellasia | Forbes | 6:02 AM

Hong Kong protestors scored a big win. The city’s Beijing-approved chief executive, Carrie Lam, has withdrawn the extradition bill that would have undermined Hong [...]
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Activists testify before US Congress for legislation supporting democracy in HK

Activists testify before US Congress for legislation supporting democracy in HK

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

Prominent pro-democracy figures from Hong Kong made direct calls to United States lawmakers on Tuesday, urging Congress to pass new legislation that bolsters US support for [...]
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HK refuses visa extension for Taiwan Investigation Bureau official

19-Sep-2019 Intellasia | TaiwanNews | 6:02 AM

An official of the Ministry of Justice Investigation Bureau (MJIB) was forced to return home Wednesday (September 18) after Hong Kong refused to extend his working visa. Tsai [...]
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HK’s summer of protests leaves economy bruised and battered

HK’s summer of protests leaves economy bruised and battered

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

As pro-democracy protests grind on for a fourth month, Hong Kong has been left counting the cost, with the city’s tourist industry battered and businesses forced to lay [...]
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Hundreds of supporters turn out at HK court as three anti-government protesters face charges of rioting and assaulting police officers

Hundreds of supporters turn out at HK court as three anti-government protesters face charges of rioting and assaulting police officers

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

Hundreds of people turned out in court on Tuesday to support three young men charged with rioting and assaulting police during anti-government protests across Hong Kong. [...]
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HK sex attacker who claimed woman’s aborted baby could be reincarnated through intercourse jailed for 38 months

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

A serial fraudster has been jailed for more than three years for duping a saleswoman into having sex with him and bilking her out of HK$106,500 (US$13,600) by impersonating a [...]
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