Archive for November 7th, 2019

Business Briefs 07 November 2019

07-Nov-2019 Intellasia | | 8:57 AM

* Tien Phong Commercial Bank (TPB) has joined Ripple’s block chain-based payments network, RippleNet, seeking faster international money transfers. Claiming to be the [...]
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Asia stocks mixed on possible US-China trade snag

07-Nov-2019 Intellasia | AP | 6:02 AM

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 [...]
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Asian investors bide their time as they weigh trade prospects

Asian investors bide their time as they weigh trade prospects

07-Nov-2019 Intellasia | AFP | 6:02 AM

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 [...]
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HK business activity contracts at fastest pace in 21 years

07-Nov-2019 Intellasia | Reuters | 6:02 AM

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, [...]
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China defense chief defends policy on HK, Xinjiang

07-Nov-2019 Intellasia | AP | 6:02 AM

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 [...]
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Chinese face recognition firm Megvii denies report it is mulling delay of HK IPO after US blacklisting

07-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

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 [...]
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Effort in US Congress to rein in China on HK protests faces obstacles

Effort in US Congress to rein in China on HK protests faces obstacles

07-Nov-2019 Intellasia | Reuters | 6:02 AM

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, [...]
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Here’s another sign of the economic pain being felt in HK

07-Nov-2019 Intellasia | Aljazeera | 6:02 AM

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, [...]
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From Luxury Watches to Broiler Hens, Companies Around the Globe Say HK Protests Are Hurting Them

07-Nov-2019 Intellasia | Fortune | 6:02 AM

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 [...]
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Pro-Beijing politician wounded in HK knife attack

07-Nov-2019 Intellasia | AFP | 6:02 AM

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 [...]
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Junius Ho attack: man arrested after HK lawmaker wounded campaigning in Tuen Mun

07-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

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 [...]
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Why HK’s public washrooms have been dubbed ‘reservoirs of drug-resistant bacteria’

07-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

Researchers have dubbed hand hygiene facilities in Hong Kong’s public washrooms “reservoirs of drug-resistant bacteria”, after finding 52 bacterial species, [...]
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Hang Seng Index ekes out small gain to extend winning streak to fifth session, with CK Life Sciences soaring 153.5 per cent

07-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

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. [...]
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Nearly 70 per cent of Hongkongers oppose postponing district council elections despite threat of protest violence, survey finds

Nearly 70 per cent of Hongkongers oppose postponing district council elections despite threat of protest violence, survey finds

07-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

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 [...]
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China’s Xi reiterates support for HK leader in Shanghai meeting: Xinhua

07-Nov-2019 Intellasia | Reuters | 6:02 AM

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 [...]
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