Archive for January 15th, 2020

Business Briefs 15 January 2020

15-Jan-2020 Intellasia | | 9:33 AM

* Vietnam National Petroleum Group (PLX) has announced that its consolidated pre-tax profit in 2019 reached over VND5.4 trillion, an increase of 9% versus the 2018 figure. [...] » More

Asian shares rise ahead of US-China ‘Phase 1′ trade deal

15-Jan-2020 Intellasia | AP | 6:02 AM

Asian shares mostly followed Wall Street higher on Tuesday amid optimism that a trade deal between the US and China will be a boon for the regional economy. Japan’s [...] » More

Global markets subdued ahead of US-China trade pact signing

15-Jan-2020 Intellasia | AP | 6:02 AM

Global stock markets were subdued Monday ahead of the signing of an interim US-Chinese trade pact and as concerns about US-Iranian tensions eased. Indexes in Europe were [...] » More

Most Asian markets, yuan boosted by easing China-US tensions

15-Jan-2020 Intellasia | AFP | 6:02 AM

Asia equities extended a global rally on Tuesday, with the US decision to no longer designate China a currency manipulator a further sign of easing tensions between the [...] » More

HK knifemen attack motorist trapped in overturned vehicle after car chase in Sheung Shui

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

Three knife-wielding men attacked a motorist who was trapped in his car when it overturned during a car chase in northern Hong Kong on Monday, sparking a police manhunt. The [...] » More

HK pledges $1.3 billion in economic relief amid unrest

15-Jan-2020 Intellasia | Reuters | 6:02 AM

Hong Kong pledges $1.3 billion in economic relief amid unrest Hong Kong leader Carrie Lam on Tuesday pledged HK$10 billion ($1.3 billion) in relief measures to prop up the [...] » More

HK government will fully cooperate with judiciary to expedite trials in protest cases, city leader Carrie Lam says

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

The Hong Kong government will fully cooperate with the judiciary in providing resources, the city’s leader has pledged, a day after the top judge revealed his intention [...] » More

HK police watchdog finds ‘shortcomings,’ report says

15-Jan-2020 Intellasia | FreeMalaysiaToday | 6:02 AM

An investigation by Hong Kong’s police watchdog into the conduct of the city’s officers throughout recent unrest has revealed “many shortcomings,” the [...] » More

Carrie Lam performs U-turn and gives all Hongkongers aged 60 and over cheaper travel fares of HK$2 per trip

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

All Hongkongers aged 60 or above will soon be able to travel on public transport for HK$2 in an expansion of the fare concession scheme, according to government sources. Hong [...] » More

Financial consultant killed after being struck by taxi on busy HK road

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

Police were on Tuesday investigating a mysterious incident in which a financial consultant died after running into a busy road in Central and being hit by a taxi. The [...] » More

HK police seize 80kg of illegal fireworks and firecrackers from shipping container ahead of Lunar New Year

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

Eighty kilograms of illegal fireworks and firecrackers thought to have been smuggled into Hong Kong from mainland China for Lunar New Year were seized by police on Tuesday [...] » More

HK funds eye Singapore offices to dodge protest fallout

15-Jan-2020 Intellasia | Bloomberg | 6:02 AM

Hong Kong’s protests are spurring more asset managers from the city to ask about opening offices in Singapore, according to consultants. While the unrest isn’t [...] » More

HK leader Carrie Lam dismisses property tycoon Adam Kwok’s call to halve the quota of mainland Chinese relocating to city

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s leader Carrie Lam Cheng Yuet-ngor has dismissed a property tycoon’s call to halve the quota of mainland Chinese relocating to the city, saying the [...] » More

Struggling HK theme park to end dolphin shows

Struggling HK theme park to end dolphin shows

15-Jan-2020 Intellasia | AFP | 6:02 AM

A struggling Hong Kong theme park has said it will end its controversial dolphin and sea lion shows but will continue to allow visitors to hug a dolphin, drawing criticism [...] » More

China and HK stocks dip on signs of technically being overbought

15-Jan-2020 Intellasia | South China Morning Post | 6:02 AM

Stocks in the mainland and Hong Kong fell on concern the recent gains were excessive after a technical indicator signalled that equities were being overbought. The Shanghai [...] » More