Archive for September 20th, 2019

Business Briefs 20 Sep 2019

20-Sep-2019 Intellasia | | 9:22 AM

* The State Capital Investment Corporation (SCIC) will hold an auction to offload its 32% stake totaling nearly 2.5 million shares in Lam Dong Pharmaceutical JSC (LDP) with [...]
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Temasek’s Vertex closes record $305 million Southeast Asian fund

20-Sep-2019 Intellasia | Bloomberg | 6:02 AM

Vertex Venture Holdings Ltd, a unit of Singapore’s Temasek Holdings Pte, has closed its fourth Southeast Asia and India fund at a record $305 million. The amount raised [...]
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Asian shares mixed following Fed’s decision to cut rates

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

Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, [...]
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Asian markets mostly up but Fed leaves traders seeking more

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

Federal Reserve boss Jerome Powell said the bank ‘will act as appropriate’ to support the economy World stock markets mostly rose Thursday after the Federal [...]
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Antiseptic may have caused infection in 53 HK kidney patients, Hospital Authority says as manufacturer issues recall

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

An antiseptic commonly used by renal patients is suspected to have caused a bacterial infection in 53 people in Hong Kong over the past two years. The Department of Health [...]
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HK could roll out relief measures to buttress economy, amid domestic unrest and US-China trade war

HK could roll out relief measures to buttress economy, amid domestic unrest and US-China trade war

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

Hong Kong’s finance chief has said more relief measures will be rolled out if necessary, warning the protest-plagued city’s economy could enter a recession. In an [...]
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US Congress to advance ‘HK Human Rights and Democracy’ bill

US Congress to advance ‘HK Human Rights and Democracy’ bill

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

US congressional committees are due to start voting next week on legislation supporting human rights in Hong Kong, with measures under consideration including annual reviews [...]
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Civil unrest stalling HK’s housing market over the coming year

20-Sep-2019 Intellasia | MediaOutReach | 6:02 AM

Amidst trade tensions between China and the US, Hong Kong’s political unrest has continued to dampen market sentiment. According to the newly published RICS-Spacious [...]
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HK could roll out relief measures to buttress economy, amid domestic unrest and US-China trade war

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

Hong Kong’s finance chief has said more relief measures will be rolled out if necessary, warning the protest-plagued city’s economy could enter a recession. In an [...]
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Protest safety fears put paid to HK climate march

Protest safety fears put paid to HK climate march

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

Student climate activists in Hong Kong have abandoned a planned march on Friday as ongoing anti-government protests heighten safety concerns. The event, including a school [...]
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HK stocks hit longest losing streak in six weeks as investors fear more protests on the way

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

Hong Kong stocks fell for a fourth straight day, their longest losing streak in six weeks, on concerns there will be more protests ahead of China’s National Day. The [...]
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Court spares HK couple from prison for assaulting their adolescent daughters

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

A local court spared a middle-aged couple from jail on Thursday after they admitted slapping their daughter, gripping her neck and hitting another daughter on the head with [...]
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China rebukes Washington after HK activists make Congress plea

China rebukes Washington after HK activists make Congress plea

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

Prominent activist Joshua Wong (L) and Cantopop star Denise Ho (C) testified before a congressional commission about the pro-democracy movement in Hong Kong Beijing Thursday [...]
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HK’s Green Monday sees breakthrough for plant-based ‘pork’ in swine fever-hit China

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

Spiralling pork prices, caused by the African swine fever epidemic ravaging China’s pig herds, has created a crisis that could spur demand for plant-based meat products [...]
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New US National Security Adviser O’Brien friendly to Taiwan: MOFA

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

O’Brien visited Taiwan in May 2016 and advocated support for the island democracy New United States National Security Adviser Robert O’Brien visited Taiwan in [...]
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