Archive for May 28th, 2020

Stock markets in retreat as China-US tensions return to fore

28-May-2020 Intellasia | AFP | 6:50 AM

Asian equities were mixed Wednesday as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies [...]
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Asia Pacific stocks mixed as US-China tensions dampen investor sentiment

28-May-2020 Intellasia | CNBC | 6:50 AM

Stocks in Asia Pacific were mixed in Wednesday morning trade as investors weighed the potential impact of rising tensions between Washington and Beijing against economies [...]
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Fashion distributor I.T warns annual loss will more than double to $90 million as coronavirus hits sales

28-May-2020 Intellasia | South China Morning Post | 6:50 AM

Apparel and accessory retailer I.T has become the latest Hong Kong company to issue a profit warning. The company said it expects net loss to more than double from its [...]
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Hong Kong pupils return to class with protests and coronavirus on their minds

28-May-2020 Intellasia | South China Morning Post | 6:50 AM

Some Hong Kong pupils staged protests against two controversial proposed laws as hundreds of local secondary schools reopened on Wednesday morning, after being forced to shut [...]
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Israel rejects bid by Hong Kong’s CK Hutchison to build plant after US warns against Chinese investment

28-May-2020 Intellasia | South China Morning Post | 6:50 AM

A Hong Kong-based conglomerate founded by the billionaire Li Ka-shing has lost its bid to construct and operate a $1.5 billion infrastructure project in Israel, local [...]
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Riot police take zero tolerance approach to Hong Kong protests as tensions build

28-May-2020 Intellasia | CNN | 6:50 AM

Around 250 people were arrested across Hong Kong Wednesday, as sporadic protests were met by a massive police presence and zero tolerance approach, with pepper spray, [...]
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Hong Kong stocks end lower amid protests and rising US-China tensions over proposed national security law

28-May-2020 Intellasia | South China Morning Post | 6:50 AM

Hong Kong stocks dropped for the first time this week, as US President Donald Trump said that his administration would soon take action against Beijing’s proposed [...]
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Hong Kong’s China national anthem bill aims to legislate ‘respect’

28-May-2020 Intellasia | Reuters | 6:50 AM

Hong Kong’s legislature is moving forward on a controversial bill that would criminalise abuse of China’s national anthem. A second reading of the bill is being [...]
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In Hong Kong and beyond, China moves to consolidate position of strength as country emerges from pandemic

28-May-2020 Intellasia | CNN | 6:50 AM

Sometimes, the best time to act isn’t when you’re at your strongest, but when your rivals are weakest. As much of the world continues to reel from the coronavirus [...]
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Coronavirus: senior students to head back to classrooms in Hong Kong, but pupils over the border still stuck at home

28-May-2020 Intellasia | South China Morning Post | 6:50 AM

About 150,000 senior secondary students in Hong Kong will return to school from Wednesday after a four-month class suspension due to the coronavirus pandemic, but up to 2,500 [...]
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Hong Kong police stamp out national anthem law protests

28-May-2020 Intellasia | AFP | 6:50 AM

Hong Kong police cast a dragnet around the financial hub’s legislature on Wednesday and fired pepper-ball rounds in the commercial district as they stamped down on [...]
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Trump sounds warning over Hong Kong’s future

28-May-2020 Intellasia | AFP | 6:50 AM

US President Donald Trump on Tuesday warned that Hong Kong could lose its status as a global financial centre if a proposed Chinese crackdown goes ahead, and promised a [...]
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Hong Kong crisis: Trump warns China he will take action as protests swell

28-May-2020 Intellasia | The Guardian | 6:50 AM

Thousands of armed police have flooded the streets of Hong Kong in an unprecedented show of force to prevent protests against a law criminalising ridicule of China’s [...]
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Trump sounds warning over Hong Kong’s future

28-May-2020 Intellasia | AFP | 6:50 AM

US President Donald Trump on Tuesday warned that Hong Kong could lose its status as a global financial centre if a proposed Chinese crackdown goes ahead, and promised a [...]
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China expands scope of Hong Kong security legislation: media reports

China expands scope of Hong Kong security legislation: media reports

28-May-2020 Intellasia | Reuters | 6:50 AM

Beijing has expanded the scope of draft national security legislation to include organisations as well as individuals, media reported on Wednesday, a move that is likely to [...]
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