Archive for May 26th, 2020

Japan gives up approving Avigan drug for COVID-19 by May-end – Kyodo

Japan gives up approving Avigan drug for COVID-19 by May-end – Kyodo

26-May-2020 Intellasia | Reuters | 10:26 AM

Japan’s government has given up on approving Fujifilm Holdings Corp’s <4901.T> Avigan drug for the treatment of COVID-19 by the end of May, Kyodo News [...] » More

Hong Kong’s leader says security laws will not affect city’s rights and freedoms

Hong Kong’s leader says security laws will not affect city’s rights and freedoms

26-May-2020 Intellasia | Reuters | 10:01 AM

Hong Kong leader Carrie Lam on Tuesday added to a raft of attempts by local and Beijing officials to provide reassurance that proposed national security laws would not [...] » More

Hong Kong demand for VPNs surges on heels of China’s plan for national security laws

26-May-2020 Intellasia | Reuters | 9:59 AM

Demand for virtual private networks in Hong Kong surged more than six-fold last Thursday as Beijing proposed tough new national security laws for the financial hub, [...] » More

THAI picks new board members, Piyasvasti returns

26-May-2020 Intellasia | BangkokPost | 9:33 AM

Former Thai Airways International (THAI) president Piyasvasti Amranand, widely recognised for his past success in leading the national flag carrier to recoup losses and begin [...] » More

Tourism and Sports Ministry seeks to lift domestic lockdown

26-May-2020 Intellasia | BangkokPost | 9:29 AM

The Tourism and Sports Ministry wants to ask the Covid-19 Situation Administration (CCSA) to lift the domestic tourism lockdown starting in June, as the industry prepared for [...] » More

Quarantine hotels graft probe begins

26-May-2020 Intellasia | BangkokPost | 9:28 AM

The Defence Ministry is tracking down a group of people accused of demanding kickbacks from hoteliers to guarantee that their establishments would be chosen as quarantine [...] » More

‘No politics’ in decree stretch

26-May-2020 Intellasia | BangkokPost | 9:27 AM

Forestalling a second wave of infections, and not politics, is behind the government’s need to extend enforcement of the emergency decree as lockdown measures are set [...] » More

Samsung Group heir questioned by prosecutors over contentious 2015 deal

26-May-2020 Intellasia | Reuters | 9:15 AM

Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group’s affiliates, Yonhap News Agency [...] » More

China central bank resumes reverse repo operations after near two-month hiatus, traders say

26-May-2020 Intellasia | Reuters | 9:14 AM

China’s central bank will inject 10 billion yuan (1.15 billion pounds) into money markets on Tuesday through seven-day reverse bond repurchase agreements, breaking a near [...] » More

Beijing’s top envoy in HK calls on diplomats and business lobbies to back national security law

26-May-2020 Intellasia | South China Morning Post | 9:08 AM

Beijing’s top diplomat in Hong Kong has called on envoys and business chambers to avoid doing anything that would undermine their interests as he urged them to back the [...] » More

HK needs national security law because it is ‘easy target for hostile foreign opportunists’: former leader Tung Chee-hwa

26-May-2020 Intellasia | South China Morning Post | 9:04 AM

Former Hong Kong leader Tung Chee-hwa has made a strong appeal for calm over Beijing’s push for a tailor-made national security law for the city, trying to ease public [...] » More

Taiwan says it ‘isn’t giving up on HK’ as Tsai Ing-wen considers suspending special status

26-May-2020 Intellasia | South China Morning Post | 9:02 AM

Taiwan’s mainland policymaker on Monday clarified that the self-ruled island would continue to support Hong Kong, after President Tsai Ing-wen said its special status [...] » More

China reports seven new mainland COVID-19 cases versus 11 a day earlier

China reports seven new mainland COVID-19 cases versus 11 a day earlier

26-May-2020 Intellasia | Reuters | 9:00 AM

China reported 7 new confirmed coronavirus cases in the mainland as of end-May 25, up from 11 a day earlier, the National Health Commission reported. The commission said in a [...] » More

Japan shares reach 10-week high, look past Sino-US tension

26-May-2020 Intellasia | Reuters | 8:55 AM

Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in US stock futures as investors looked past Sino-US trade tensions to a [...] » More

WHO pauses trial of hydroxychloroquine in COVID-19 patients due to safety concerns

WHO pauses trial of hydroxychloroquine in COVID-19 patients due to safety concerns

26-May-2020 Intellasia | Reuters | 8:54 AM

The World Health Organization has suspended testing the malaria drug hydroxychloroquine in COVID-19 patients due to safety concerns, WHO director general Tedros Adhanom [...] » More