Archive for March 7th, 2020

Thirty-two banks join interbank money transfer fee cut programme

07-Mar-2020 Intellasia | VNS | 7:38 AM

Stores in HCM City have introduced a wide range of products for International Women’s Day (March 8) and are offering promotions to attract buyers. Co-opmart and Co-op [...]
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Coronavirus could erase $211 billion from Asia-Pacific economiesS&P

07-Mar-2020 Intellasia | Reuters | 6:02 AM

A fast spreading coronavirus outbreak could knock $211 billion off the combined economies of the Asia-Pacific, with Japan, Hong Kong, Singapore and Australia among the most [...]
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Asian shares drop as virus fears grip markets again

07-Mar-2020 Intellasia | AP | 6:02 AM

Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan’s benchmark Nikkei dived 2.7 percent to finish at 20,749.75. [...]
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Asian markets plunge, yen and gold rally as virus fears mount

07-Mar-2020 Intellasia | AFP | 6:02 AM

Asian equities tumbled Friday as analysts warned the volatility that has characterised markets during the coronavirus crisis is likely to continue for some time. While [...]
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Riding the ‘water buffalo’China brokerage earnings surge on virus-fighting liquidity

07-Mar-2020 Intellasia | Reuters | 6:02 AM

China-listed brokerages reported a jump in February earnings as their trading and underwriting businesses benefited from Beijing’s monetary easing and relaxed financing [...]
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HK tycoon Chan Tai-ho, whose Playmates empire sold the Teenage Mutant Ninja Turtles action figure, dies aged 87

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

the founder of Playmates toymaker which gave the world the Teenage Mutant Ninja Turtle action figures died on Thursday aged 87. His wife called police after a domestic helper [...]
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Coronavirus: more than 100 HK restaurants refuse to serve customers from mainland China, investigation reveals

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

More than 100 restaurants in Hong Kong have refused to serve diners from mainland China during the coronavirus outbreak, according to a human rights group that is warning [...]
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HK ombudsman should investigate more government departments on how surgical masks meant for internal distribution surfaced on market, lawmaker says

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s ombudsman should investigate more departments over how surgical masks meant for the government’s internal use had reached the market, critics said on [...]
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HK’s TVB axes RTHK programmes after watchdog’s rule change but smaller rivals likely to continue airing shows

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Two television stations are likely to continue running programmes produced by public broadcaster RTHK, the Post has learned, although Hong Kong’s communications [...]
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HK outlook ‘pathetic’, ‘dire’ in near term, mall and hotel operator Wharf REIC says as it reports drop in revenue, profit

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong shopping centre and hotel operator Wharf Real Estate Investment Company (Wharf REIC) said on Thursday the outlook for the city’s economy was [...]
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Coronavirus: HK man who recently returned from Europe returns initial positive test, potentially taking confirmed cases in city to 105

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Two more Covid-19 cases were confirmed in Hong Kong on Friday, including a businessperson recently back from Europe, bringing the city’s tally of confirmed infections [...]
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HSBC sends home 100 London staff, confirms China coronavirus case

07-Mar-2020 Intellasia | Reuters | 6:02 AM

HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at a major company in Europe’s [...]
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Cathay Pacific to close Vancouver base in June as part of ‘ongoing business review’ putting 147 jobs at risk

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

Cathay Pacific is to close its final cabin crew base in Canada as part of its “ongoing business review”, putting 147 jobs at risk. Flight attendants are expected [...]
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Coronavirus: more than 100 HK restaurants refuse to serve customers from mainland China, investigation reveals

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

More than 100 restaurants in Hong Kong have refused to serve diners from mainland China during the coronavirus outbreak, according to a human rights group that is warning [...]
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HK workers far less satisfied with employers’ support measures during coronavirus crisis than their Singapore peers, survey finds

07-Mar-2020 Intellasia | South China Morning Post | 6:02 AM

From providing masks and sanitisers to enabling flexible work arrangements, employers across Hong Kong have been rolling out measures to protect and support staff during the [...]
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