Archive for August 5th, 2020

HDB resale market avoided major price correction during pandemic: OrangeTee & Tie

05-Aug-2020 Intellasia | PropertyGuru | 11:45 AM

Despite the COVID-19 pandemic and circuit breaker measures, HDB resale prices remained stable. However, HDB resale transactions fell by over 41.9% to 3,426 units during Q2 [...] » More

Pompeo vows to protect HK activists sought abroad

Pompeo vows to protect HK activists sought abroad

05-Aug-2020 Intellasia | AFP | 10:44 AM

US Secretary of State Mike Pompeo on Tuesday vowed to protect Hong Kong pro-democracy campaigners who have fled the city and denounced China after Beijing said that police [...] » More

Australian PM says no evidence to suggest TikTok should be banned

05-Aug-2020 Intellasia | Reuters | 10:43 AM

Australia has found no evidence showing it should restrict the popular short-video app TikTok, the country’s prime minister Scott Morrison said on Tuesday, after US [...] » More

Trump’s bid for a piece of Microsoft-TikTok deal could spur legal action

05-Aug-2020 Intellasia | Reuters | 10:42 AM

President Donald Trump’s unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDance’s [...] » More

Philippines reports 6,352 new COVID-19 cases, Southeast Asia’s biggest daily jump

Philippines reports 6,352 new COVID-19 cases, Southeast Asia’s biggest daily jump

05-Aug-2020 Intellasia | CNA | 10:36 AM

The Philippines reported 6,352 new COVID-19 infections on Tuesday (Aug 4), marking the biggest daily jump in cases in Southeast Asia. Tuesday’s figures represent the [...] » More

Malaysian police raid Al Jazeera’s office, seize computers

Malaysian police raid Al Jazeera’s office, seize computers

05-Aug-2020 Intellasia | Aljazeera | 10:28 AM

Malaysian police have raided Al Jazeera’s Kuala Lumpur office and seized two computers, the news network said, condemning the incident as a “troubling [...] » More

Foreign workers, flying cars among highlights at Parliament sitting today

05-Aug-2020 Intellasia | Malay Mail | 10:18 AM

The government’s efforts to reduce the country’s dependence on foreign workers as well as the progress in the development of the flying car industry are among [...] » More

Covid-19: Malaysia logs just one positive case today

05-Aug-2020 Intellasia | Malay Mail | 10:16 AM

Malaysia recorded only one new Covid-19 case today, bringing the country’s total number of cases to 9,002. The Ministry of Health (MOH) said the new patient is a [...] » More

Raid on KL office ‘troubling escalation’ in Putrajaya’s media crackdown, say Al Jazeera

05-Aug-2020 Intellasia | Malay Mail | 10:11 AM

News agency Al Jazeera has condemned the raid by authorities against its bureau office in the capital here earlier today, saying such a move was an escalation in [...] » More

U.S. health chief to visit Taiwan, likely angering China

U.S. health chief to visit Taiwan, likely angering China

05-Aug-2020 Intellasia | Reuters | 10:00 AM

U.S. Secretary of Health and Human Services Alex Azar will visit Taiwan in coming days, making the highest level visit by a U.S. official in four decades, his office said on [...] » More

Asian shares extend rally after S&P 500 nears record

05-Aug-2020 Intellasia | AP | 6:02 AM

Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3 percent of the record [...] » More

HSBC is biggest loser in never-ending US-China global power play

05-Aug-2020 Intellasia | Reuters | 6:02 AM

In most respects HSBC is no different from any other bank. Plunging activity means lending is down, more money is being put aside to cover losses and profits are being [...] » More

UPenn struggles to explain $3M donation from HK shell company: report

05-Aug-2020 Intellasia | FoxNews | 6:02 AM

The University of Pennsylvania has not explained a $3 million donation from a Hong Kong shell company tied to a Chinese businessperson, the Washington Free Beacon reported. [...] » More

Covid-19 time bomb: HK jobs crisis sparks rise in serious emotional and mental health problems, experts warn

05-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

After Ken Yung lost his job in late January, he became irritable, lost his temper easily and kept picking quarrels with his wife over trivial matters. Sometimes, they fought [...] » More

Jittery HK authors seek Taiwan safety after security law

05-Aug-2020 Intellasia | AFP | 6:02 AM

China’s new security law has cast a threatening shadow over Hong Kong’s dynamic book industry, with anxious publishers combing through back catalogues for [...] » More