Archive for August 21st, 2020

A 5,000pct surge makes medical-wear firm Singapore’s top stock

21-Aug-2020 Intellasia | Reuters | 8:21 AM

Shares of Medtecs International Corp., a maker of medical apparel, traded for just a few Singapore cents at the start of the year before the pandemic roiled financial [...] » More

China reports 22 new coronavirus cases on August 20; fifth day of zero local cases

21-Aug-2020 Intellasia | Reuters | 8:05 AM

China reported 22 new coronavirus cases in the mainland for August 20, compared to seven a day earlier, the health commission said on Friday. All 22 new infections were [...] » More

Wuhan and Hubei Province officials tried to hide coronavirus information from China’s central leadership, US intelligence says

Wuhan and Hubei Province officials tried to hide coronavirus information from China’s central leadership, US intelligence says

21-Aug-2020 Intellasia | The Independent | 8:04 AM

US intelligence officials claim that local officials in China kept the devastation caused by the coronavirus in its earliest days away from the broader Chinese government for [...] » More

Chinese students in Australia head home as coronavirus upends study

21-Aug-2020 Intellasia | Reuters | 8:02 AM

Just a few months after arriving in Sydney for a planned two-year stay, university students Maggie Zhang and boyfriend Sunny Gu sat down to make a “pros and cons” [...] » More

VeChain Introduces New Blockchain-enabled Sustainability Solution To Power “Green Business” For Enterprises

VeChain Introduces New Blockchain-enabled Sustainability Solution To Power “Green Business” For Enterprises

21-Aug-2020 Intellasia | PR Newswire Asia | 8:00 AM

SHANGHAI, Aug. 21, 2020 /PRNewswire/ -- As consumer behaviors shift towards greener and more sustainable [...] » More

Corteva Agriscience Recognized As An Employer of Choice 2020

21-Aug-2020 Intellasia | PR Newswire Asia | 8:00 AM

SINGAPORE, Aug. 21, 2020 /PRNewswire/ -- Corteva Agriscience has been named an Employer of Choice by HR Director (HRD) Magazine in the [...] » More

At OCB Life, Digital-first Equals Customer-first

At OCB Life, Digital-first Equals Customer-first

21-Aug-2020 Intellasia | PR Newswire Asia | 8:00 AM

HO CHI MINH CITY, Vietnam, Aug. 21, 2020 /PRNewswire/ -- The COVID-19 pandemic has accelerated the digital transformation because more people are working from home, [...] » More

Xinhua Silk Road: The 5th international chili expo kicks off in Southwest China’s Guizhou Province

21-Aug-2020 Intellasia | PR Newswire Asia | 7:56 AM

BEIJING, Aug. 21, 2020 /PRNewswire/ -- The 5th Guizhou Zunyi International Chili Expo kicked off on August 18 in Zunyi, a major chili [...] » More

Belarus protests cast shadow over China’s Belt and Road ambitions as Lukashenko refuses to relinquish power

21-Aug-2020 Intellasia | South China Morning Post | 6:59 AM

China’s growing influence in Belarus through its Belt and Road Initiative could be derailed as mass demonstrations triggered by a disputed presidential election grip [...] » More

Vietnam and Denmark cooperate in pushing forward energy saving efforts

21-Aug-2020 Intellasia | VNS | 6:57 AM

The Vietnamese Ministry of Industry and Trade (MoIT) has issued the Guidelines for Developing Provincial Action Plan on Energy Efficiency for the 2020-25 period. The [...] » More

Bank of East Asia interim profit jumps on efforts to contain bad loans from ill-fated strategy in mainland China business

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

The Bank of East Asia (BEA) said efforts to arrest a surge in bad loans in its mainland China business are paying off, as earnings improved from its worst year in a decade [...] » More

Bulls move deeper on most Asian currencies on recovery hopes: Reuters poll

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

Long positions across most Asian currencies were comfortably raised, a Reuters poll found, as investors turn increasingly optimistic of the region’s economic rebound [...] » More

Asian markets track US losses as Fed raises economy concerns

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

Asian markets dropped Thursday after a sobering Federal Reserve assessment of the US economic outlook, as talks on a stimulus that bank officials say is needed remain [...] » More

Asian shares retreat after Fed minutes bring reality check

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

Asian shares slipped Thursday after sobriety set in on Wall Street, and the US Federal Reserve minutes laid out challenges for the economy amid the coronavirus pandemic. [...] » More

HK cruise ship owner suspends payments to creditors

21-Aug-2020 Intellasia | Bloomberg | 6:02 AM

A cruise ship operator controlled by Malaysian tycoon Lim Kok Thay suspended all payments to creditors, triggering a 36 percent drop in the company’s shares and denting [...] » More