Archive for November 7th, 2019
Business Briefs 07 November 2019
* Tien Phong Commercial Bank (TPB) has joined Ripple’s block chain-based payments network, RippleNet, seeking faster international money transfers. Claiming to be the [...] » More
Asia stocks mixed on possible US-China trade snag
Asian stock markets were mixed Wednesday after investors were rattled by a possible snag in a US-Chinese trade truce following reports Beijing wants Washington to lift [...] » More
Asian investors bide their time as they weigh trade prospects
Asian investors moved cautiously on Wednesday as optimism over the China-US trade talks was offset by profit-taking after a recent rally. Another record close on Wall Street [...] » More
HK business activity contracts at fastest pace in 21 years
Business activity in Hong Kong’s private sector fell to its weakest in 21 years in October, weighed down by anti-government protests and softening global demand, [...] » More
China defense chief defends policy on HK, Xinjiang
China’s defense minister defended his country’s policy on the controversial issues of Hong Kong and the northwestern territory of Xinjiang in a telephone [...] » More
Chinese face recognition firm Megvii denies report it is mulling delay of HK IPO after US blacklisting
Chinese artificial intelligence start-up Megvii Technology dismissed a report that it is considering a delay in its Hong Kong initial public offering over US trade blacklist [...] » More
Effort in US Congress to rein in China on HK protests faces obstacles
A push in the US Congress for legislation to support pro-democracy protests in Hong Kong and pressure China to refrain from a violent crackdown faces an array of obstacles, [...] » More
Here’s another sign of the economic pain being felt in HK
Business activity in Hong Kong’s private sector fell to its weakest in 21 years in October, weighed down by anti-government protests and softening global demand, [...] » More
From Luxury Watches to Broiler Hens, Companies Around the Globe Say HK Protests Are Hurting Them
Whether they sell luxury watches from Switzerland or farm hens from Mississippi, a surprising concern is occupying a number of corporate executives this earnings season: Hong [...] » More
Pro-Beijing politician wounded in HK knife attack
A firebrand pro-Beijing politician in Hong Kong was wounded in a knife attack on Wednesday, the latest tit-for-tat political violence to break out in a city engulfed by [...] » More
Junius Ho attack: man arrested after HK lawmaker wounded campaigning in Tuen Mun
A man has been arrested over the attack on lawmaker Junius Ho Kwan-yiu, a hate figure for the anti-government movement who was expected to undergo surgery on Wednesday for a [...] » More
Why HK’s public washrooms have been dubbed ‘reservoirs of drug-resistant bacteria’
Researchers have dubbed hand hygiene facilities in Hong Kong’s public washrooms “reservoirs of drug-resistant bacteria”, after finding 52 bacterial species, [...] » More
Hang Seng Index ekes out small gain to extend winning streak to fifth session, with CK Life Sciences soaring 153.5 per cent
The Hang Seng Index extended a winning streak to a fifth day, eking a teensy gain as investors bagged profits while waiting for fresh news on US-China trade negotiations. [...] » More
Nearly 70 per cent of Hongkongers oppose postponing district council elections despite threat of protest violence, survey finds
Nearly seven out of 10 Hongkongers surveyed were opposed to postponing the district council elections despite the threat of violence from anti-government protests, according [...] » More
China’s Xi reiterates support for HK leader in Shanghai meeting: Xinhua
China’s President Xi Jinping on Monday told embattled Hong Kong leader Carrie Lam the central government has a high degree of confidence in her and fully recognises the [...] » More
