Archive for December 12th, 2019

Business Briefs 12 December 2019

12-Dec-2019 Intellasia | | 9:15 AM

* VNDirect Securities Corporation (VND) will issue a maximum of VND200 billion worth of bonds via two placements on December 19 and 25. In each placement, a maximum of VND [...] » More

Experts quit HK police probe, in blow to government

Experts quit HK police probe, in blow to government

12-Dec-2019 Intellasia | AFP | 6:41 AM

An international panel of experts hired to advise Hong Kong on the police response to huge pro-democracy protests announced Wednesday they were quitting, saying the watchdog [...] » More

World shares gain on reports Trump might delay tariff hike

12-Dec-2019 Intellasia | AP | 6:02 AM

Global stock markets rose Wednesday following reports President Donald Trump’s advisers were preparing for a possible delay in a weekend tariff hike on Chinese goods. [...] » More

Asian markets struggle for traction as trade concerns fester

12-Dec-2019 Intellasia | AFP | 6:02 AM

Asian markets were mixed Wednesday as investors grow nervous at the lack of news on China-US trade talks, with Washington yet to cancel tariffs on a swathe of Chinese goods [...] » More

HK’s Carrie Lam unbowed; wants ‘action’ against teachers

HK’s Carrie Lam unbowed; wants ‘action’ against teachers

12-Dec-2019 Intellasia | Aljazeera | 6:02 AM

City’s divisive chief executive also concedes that crisis led to defeat of pro-China candidates in local polls. Hong Kong’s Chief Executive Carrie Lam has ruled [...] » More

Foreign experts quit HK police probe in blow to force’s credibility  RTHK

Foreign experts quit HK police probe in blow to force’s credibility RTHK

12-Dec-2019 Intellasia | Reuters | 6:02 AM

Foreign experts said they had quit advising a Hong Kong police watchdog on Wednesday due to doubts over its independence and ability to conduct an investigation into police [...] » More

HK Unrest Causes ‘Worst Ever’ Retail Decline, With Thousands Of Stores Threatened

12-Dec-2019 Intellasia | Forbes | 6:02 AM

Topline: Over 10 percent of retailers in Hong Kongthousands of storescould shut down in the next six months, with more than 5,600 jobs set to be lost, as the city faces its [...] » More

The people sing: ‘Les Mis’ soothes, breaks HK hearts

12-Dec-2019 Intellasia | AP | 6:02 AM

For Hong Kong spectators mentally and physically drained from six months of pro-democracy protests that have convulsed the city, a rousing performance of “Les [...] » More

HK protests and Typhoon Mangkhut prove to be perfect storm for Ocean Park as deficit more than doubles to $72 million

HK protests and Typhoon Mangkhut prove to be perfect storm for Ocean Park as deficit more than doubles to $72 million

12-Dec-2019 Intellasia | South China Morning Post | 6:02 AM

Hong Kong resort Ocean Park reported a widening deficit for the past financial year largely caused by Typhoon Mangkhut, with the ongoing civil unrest also dimming its [...] » More

HK’s airport authority to subsidise airline discounts on cargo charges

12-Dec-2019 Intellasia | Reuters | 6:02 AM

Hong Kong’s airport authority said on Wednesday it would help subsidise airline plans to discount charges paid by freight forwarders on air cargo as it seeks to bolster [...] » More

Security guard fighting for his life after armed robbery at HK restaurant

12-Dec-2019 Intellasia | South China Morning Post | 6:02 AM

A security guard was fighting for his life in hospital on Wednesday after being hit over the head with a hammer during a suspected break-in at a Hong Kong restaurant. The [...] » More

Overseas experts advising police watchdog on HK protests quit their jobs as disagreement over powers remains unresolved

12-Dec-2019 Intellasia | South China Morning Post | 6:02 AM

Overseas experts advising Hong Kong’s police watchdog have abruptly announced they will “stand aside” from an ongoing review of the force’s actions [...] » More

HK police offer HK$800,000 reward for information to find killer of cleaner hit by brick during clash between protesters and Sheung Shui residents

12-Dec-2019 Intellasia | South China Morning Post | 6:02 AM

Police are offering an HK$800,000 (US$102,564) reward for information on the killer of a 70-year-old cleaner who was hit on the head by a brick during a clash between [...] » More

Cathay Pacific gets a helping hand as Asia Miles unveils no-expiry policy for air miles from 2020

12-Dec-2019 Intellasia | South China Morning Post | 6:02 AM

Asia Miles, a Cathay Pacific-owned frequent flier programme, is amending its policy by removing the expiry date on air miles collected from next year in a move seen as [...] » More

HK market gains as Xiaomi records rare rebound on new 5G phone

12-Dec-2019 Intellasia | South China Morning Post | 6:02 AM

Hong Kong stocks advanced on Wednesday as traders piled into technology shares, while China markets ended mixed ahead of a key US tariff deadline. The Hang Seng Index [...] » More