Archive for January 16th, 2020
US, China sign ‘momentous’ trade deal
The United States and China signed a truce in their trade war on Wednesday after nearly two years of tensions, bringing relief to markets but largely leaving massive tariffs [...] » More
Business Briefs 16 January 2020
* International Finance Corp and IFC Capitalization Fund, L. P, a group of large shareholders of Vietnam Joint Stock Commercial Bank For Industry and Trade (CTG), sold over [...] » More
China’s Xi visits Myanmar to drive home Belt and Road plan
China’s President Xi Jinping arrives in Myanmar this week to nail down multi-billion-dollar infrastructure deals in a country abandoned by many in the West appalled at [...] » More
Asian markets retreat as US, China prepare to sign trade pact
Asian markets mostly fell on Wednesday as investors took their foot off the pedal following weeks of gains, with focus on the signing later in the day of the China-US trade [...] » More
Asia trades lower as investors await signing of US China trade truce
Market sentiment dragged in Asia on Wednesday ahead of the US and China signing a phase one trade deal. The Nikkei 225 in Japan fell 0.45 percent to 23,916.58 while the Topix [...] » More
Chinese restaurant chain Jiumaojiu jumps as much as 48 per cent on HK debut after completing biggest IPO of new year
Jiumaojiu International’s shares rose on debut in Hong Kong on Wednesday as the Chinese restaurant chain operator completed the city’s biggest stock offering in [...] » More
Hongkongers looking to move abroad warned to be careful when using immigration consultants after family spends HK$400,000 on going nowhere
Hongkongers hoping to start a new life overseas have been warned to be careful which immigration firm they pick after several people shelled out hundreds of thousands of [...] » More
HK police defuse pipe bomb, arrest four for manufacturing explosives
Hong Kong police said they defused a pipe bomb and arrested four men for manufacturing explosives after raiding an apartment where they found protest-related items such as [...] » More
Cardiac arrest patient not given certain drug because of time needed to get it from hospital pharmacy, HK inquest hears
An elderly asthma patient was not given a certain medicine before his death in a Hong Kong hospital because it would have taken too long to obtain the drug in an emergency, [...] » More
HK welfare chief Law Chi-kwong says latest relief measures aimed at the elderly and low-income people will pose a burden on city’s coffers
South China Morning PostHong Kong’s welfare chief admitted on Wednesday that the latest relief measures aimed at the city’s elderly and low-income groups would [...] » More
HK’s ‘yellow economy’ rewards protester-friendly businesses
Seven months of unrest have taken a heavy toll on many Hong Kong businesses, but pro-democracy protesters are now seeking to reward shops and restaurants that support their [...] » More
HK health insurance: Consumer Council warns ‘lazy’ shoppers to compare deals carefully after revealing huge price differences
Hongkongers should study voluntary health insurance plans carefully because they could spend twice as much on a policy that offered nearly identical cover to cheaper ones, a [...] » More
Chow Tai Fook to shut protest-hit stores in a sign HK’s retail slump to persist in 2020
Chow Tai Fook Jewellery Group’s decision to shut about one-fifth of its stores in protest-hit Hong Kong and focus on growing its presence in the mainland China market [...] » More
HK protest shoppers show their true colours
Seven months of unrest have taken a heavy toll on many Hong Kong businesses, but pro-democracy protesters are now seeking to reward shops and restaurants that support their [...] » More
Legal challenges filed after HK police obtain warrants to search seized digital devices
Legal challenges have been filed against court-issued warrants to search digital devices of arrestees held within the Hong Kong police headquarters. Two warrants were issued [...] » More
