Archive for January 15th, 2020
Business Briefs 15 January 2020
* 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
