Archive for October 4th, 2019
Business Briefs 04 Oct 2019
* Credit in the banking system hes grown 8.4% against the end of 2018, the General Statistics Office said. The growth rate was slower than last year when bank loans rose [...] » More
Asian markets tumble on growing global economy fears
Asian markets mostly sank Thursday after a below-par US jobs report compounded worries about the world’s top economy, while the WTO fanned fresh trade war fears by [...] » More
Asian stocks fall further on economy worries
Asian stocks fell for a fourth day Thursday as weaker US manufacturing and hiring data fueled jitters about the global economy. Tokyo’s Nikkei 225 fell by an unusually [...] » More
Defiant Occupy leaders released from HK prison and immediately vow to join new anti-government protest movement
Two leading figures in the Occupy movement were released from a Hong Kong prison on Thursday morning, after serving five months in jail for their roles in the 2014 [...] » More
Investors keep their faith in HK markets despite protests
As anti-government protesters fought pitched battles with police in Hong Kong streets last week, a group of bankers in another part of the city were busy taking in billions [...] » More
Shot HK teen charged with rioting, attacking police
The teenager who was the first victim of police gunfire in Hong Kong’s monthslong pro-democracy protests was charged Thursday with rioting and attacking police, as [...] » More
HK’s Political Crisis Deepens After the Worst Day of Violence in Decades
Amid worsening political tensions, hundreds of protesters gathered in the streets of Hong Kong’s financial quarter from lunchtime Wednesday in a spontaneous [...] » More
HK protests: 18-yr-old shot by police to be charged with rioting and assaulting an officer
Hong Kong police say criminal charges will be filed against an 18-year-old student who was shot in the chest on Tuesday in an incident that has sparked outrage and [...] » More
Cyclothon and Wine & Dine Festival cancelled in HK because of safety risk posed by anti-government protests, causing loss of millions of dollars
Two major Hong Kong events scheduled for later in October have been cancelled because of safety risks posed by the ongoing anti-government protests, with critics saying the [...] » More
Mainland tourists skip HK for Singapore as city misses out on golden week bonanza
For months, Ye Rongchang and his wife had been planning to travel to Hong Kong for the week-long National Day holiday. When the unrest started in June, he did not expect the [...] » More
Friends say ticking clock drove wounded HK protester
Born after the historic July 1 day when Britain handed Hong Kong back to China in 1997, the 18-year-old protester who was shot at close range in the chest by a police officer [...] » More
HK set to ban face masks in bid to curb violencemedia
Hong Kong is set to enact an emergency law to ban face masks at rallies, media reported on Thursday, as authorities grapple with nearly four months of anti-government [...] » More
HK flash-mob rallies erupt as anger mounts over shot protester
Flash-mob rallies broke out in Hong Kong Wednesday as anger mounted over police shooting a teenage protester who attacked officers in a dramatic escalation of the violent [...] » More
Pepe the protest frog? HK kids aren’t alt-right
He may have become a far-right internet meme in the West, but Pepe the Frog’s image is being rehabilitated in Hong Kong where democracy protesters have embraced him as [...] » More
Goldman says billions moved from HK to Singapore amid unrest
The potential benefit to Singapore from the turmoil in Hong Kong: $4 billion. That’s the upper end of an estimate from Goldman Sachs Group Inc. of the money investors [...] » More
