Archive for December 24th, 2019

Business Briefs 24 December 2019

24-Dec-2019 Intellasia | | 9:40 AM

* Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurance group Bao Viet Holdings (BVH). Sumitomo currently owns more than 122.5 [...] » More

Stalled talks with US not good for North Korea, South Korea tells China ahead of trilateral meeting with Japan

Stalled talks with US not good for North Korea, South Korea tells China ahead of trilateral meeting with Japan

24-Dec-2019 Intellasia | | 7:01 AM

Stalled denuclearisation talks and a recent flare-up in tension between the United States and North Korea are not beneficial for Pyongyang, South Korean President Moon [...] » More

Asian shares mixed in quiet pre-Christmas trading

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

Shares were mixed Monday in quiet trading ahead of Christmas holidays for many markets. Concern over the possibility of a North Korean missile test was leavened by signs of [...] » More

Asian markets mostly down as festive break approaches

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

Asian markets were mixed in early trade Monday with activity thinning out as investors wind down for the Christmas break, while confidence remains buoyed by relief at the [...] » More

Taiwan and HK trade insults over robbery suspect in extradition row

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

Taiwan has criticised Hong Kong authorities for rejecting its request for legal help in a robbery case, accusing the city of a similar denial of justice as its handling of a [...] » More

HK faces gloomy and uncertain economic future, say two of city’s senior officials

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

Shrinking growth, more job losses, and companies moving their activities elsewhere as social unrest and the US-China trade war continue to take their toll that is the gloomy [...] » More

Thieves rob HK jewellery store and local businessperson of HK$1.2 million, sparking police hunt

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

Hong Kong police were on Monday hunting two groups of thieves after a jewellery shop was burgled and a businessperson robbed in the same district within 90 minutes, with [...] » More

Manhunt after masked robbers hit watch shop in Causeway Bay, HK

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

A manhunt was under way on Sunday night for three masked robbers who looted a watch shop in Causeway Bay, threatening staff with what turned out to be a replica gun. Police [...] » More

Amid economic downturn in HK, a lukewarm response to latest batch of subsidised homes

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

Hong Kong homebuyers gave a lukewarm reception to the latest batch of subsidised houses to hit the market, with most of the estates involved shifting fewer than 10 per cent [...] » More

HK drug seizures surge 74 per cent to HK$1.9 billion so far this year as syndicates become brazen amid protest chaos

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

Hong Kong customs and police seized nearly HK$1.9 billion in drugs in the first 11 months of 2019, a 74 per cent jump over the same period last year, with syndicates thought [...] » More

Manhunt after masked robbers hit watch shop in Causeway Bay, HK

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

A manhunt was under way on Sunday night for three masked robbers who looted a watch shop in Causeway Bay, threatening staff with what turned out to be a replica gun. Police [...] » More

HK teen arrested for firing live round at police part of a gang that planned to ‘slaughter’ officers during protest rally, court hears

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

A Hong Kong man who shot a live round at police in Tai Po on Friday night was part of a syndicate that planned to “slaughter” members of the force during an [...] » More

Smash and grab: Crime gangs prey on HK protests

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

he Hong Kong seller of luxury watches looked on in horror as masked men wielding the biggest sledgehammer he’d ever seen smashed through the door of a neighbouring [...] » More

National security law in HK unlikely any time soon despite Beijing’s renewed calls, say political veterans

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

The Hong Kong government will not have the political energy to legislate the controversial national security law in the next few years despite renewed calls from Beijing, [...] » More

HK braces for protests over Christmas holidays

HK braces for protests over Christmas holidays

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

Hong Kong is gearing up for demonstrations over Christmas week with protesters planning events in districts across the city, including in prime shopping malls, the latest in [...] » More