Archive for January 2nd, 2020
Business Briefs 02 Jan 2020
* Vietnam Airlines (HVN) has announced its business results this year, with revenue estimated at VND101.2 trillion, up VND2.2 trillion against last year, and pre-tax profit [...]
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Microsoft says N Korea-linked hackers stole sensitive information
Microsoft Corp said on Monday it has taken control of web domains which were used by a hacking group called “Thallium” to steal information. Thallium is believed [...]
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China rattles sabre – and offers friendship – days before Taiwan’s elections
With just days to go before Taiwan’s elections, its giant neighbour is trying a push-and-pull strategy on the island Beijing claims as Chinese territory, rattling its [...]
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Asia stocks down in thin end of the year trading
Asia stocks were down Tuesday in thin end-of-year trading, following a subdued lead from the US as investors took profits. Wall Street on Monday had its worst day in nearly a [...]
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HK police find six jerry cans of petrol on hillside for use as firebombs to ’cause panic and chaos’ at new year events
Enough petrol to make more than 100 firebombs, which were to be used to cause chaos at public events around new year, was found hidden on a Hong Kong hillside, police said on [...]
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Singapore diplomat defends ‘fake news’ law in HK paper
A Singapore diplomat defended the Asian city-state’s controversial law against “fake news” in a letter published on Tuesday in the South China Morning Post, [...]
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HK protests: city leader Carrie Lam vows to rebuild city and bear responsibilities in new year address
Hong Kong’s embattled leader Carrie Lam Cheng Yuet-ngor has said she hopes to rebuild the city and will not shy from her responsibilities as she shared her resolutions [...]
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HK police search for six people believed to have set fire outside Lai Chi Kok government offices after petrol bombs found at the scene
Hong Kong police are searching for six people believed to have lit a fire outside a government office in Kowloon early on Tuesday morning. Officers seized shards of glass and [...]
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HK MTR staff to get one-off payment as embattled rail giant thanks staff for dedication during troubled year
Hong Kong’s embattled rail giant is giving out a one-off reward to show its gratitude to its staff, despite the firm saying it faces HK$1.6 billion (US$205 million) in [...]
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November rise in HK used home prices proves to be short-lived
The prices of lived-in Hong Kong homes rose in November after five months of declines, the city’s Rating and Valuation Department said on Tuesday. But the 1.78 per cent [...]
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HK property prices are likely to fall across the board in 2020, industry insiders say
Prices of Hong Kong properties residential, retail and office are expected to fall in 2020, according to a majority of 15 industry players and analysts polled by the South [...]
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Man arrested as HSBC cheque deposit machine is smashed in HK branch
A 33-year-old man has been arrested for allegedly smashing a cheque deposit machine at an HSBC branch in Hong Kong, according to police. Two men were spotted smashing the [...]
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HK: reporter blinded covering protests on her bid to sue police
In late September, the journalist Veby Mega Indah stood on a footbridge in Hong Kong’s Wan Chai district documenting another day of clashes between anti-government [...]
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HK school principals under pressure after education chief warns they could lose jobs over handling of protest-related complaints, group warns
One of Hong Kong’s biggest school heads’ associations said on Monday that principals felt pressured by the education chief’s remarks that they would be [...]
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HK again proves itself to be the comeback town, as Hang Seng Index sees 9 per cent gain in roller-coaster 2019
Hong Kong’s stock market was hammered by the US-China trade war, violent protests and the mainland’s economic slowdown. But it came roaring back, gaining 9.1 per [...]
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