Archive for February 23rd, 2021

US-based NeoImmuneTech eyes W96b IPO in Korea

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

NeoImmuneTech, a US immunotherapy drug development company, said Monday that it was looking to raise as much as 96 billion won ($86.9 million) in fresh funds via an initial [...] » More

Trump ‘offered Kim Jong Un a ride home on Air Force One’

Trump ‘offered Kim Jong Un a ride home on Air Force One’

23-Feb-2021 Intellasia | BBC | 6:02 AM

President Trump’s meetings with Kim Jong-un were among the most eye-catching moments of his presidency. In the third and final episode of a new BBC series Trump Takes [...] » More

Should President Moon be 1st in line for COVID-19 vaccine?

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

President Moon Jae-in has faced calls from the conservative main opposition party to be the first recipient of Korea’s administration of AstraZeneca’s COVID-19 [...] » More

Did Biden just endorse ‘human rights with Chinese characteristics’?

23-Feb-2021 Intellasia | TheHill | 6:02 AM

President Joe Biden recently made the same cultural relativism argument that has been used by authoritarians and dictators to defend themselves against the concept of [...] » More

Sexist tea mugs leave a sour taste in China: Shanghai Daily

23-Feb-2021 Intellasia | Reuters | 6:02 AM

A popular chain of Chinese tea shops has apologised for a range of cups and teabags sporting sexist slogans, after they sparked widespread outrage on the internet, the [...] » More

China shares dramatic video of mountain clash with India troops

23-Feb-2021 Intellasia | AFP | 6:02 AM

Dramatic footage released by Chinese state media purportedly shows deadly clashes between troops at the Indian border last yeara rare insight into violence at the tense, [...] » More

Chinese ambassador to US says the two countries must define policy boundaries

23-Feb-2021 Intellasia | Reuters | 6:02 AM

China and the United States must clearly define their policy boundaries and have an accurate understanding of each other’s strategic intentions, Chinese Ambassador to [...] » More

Soaring EU-Xinjiang trade in textile machinery, tomatoes piles pressure on Brussels to act on alleged forced labour

23-Feb-2021 Intellasia | South China Morning Post | 6:02 AM

From the ancient ports of southwest Italy to the industrial heartlands of Germany, European companies are enjoying strong trade with China’s Xinjiang region amid [...] » More

China blue-chips slump most in nearly 7 months on valuation, policy tightening concerns

23-Feb-2021 Intellasia | Reuters | 6:02 AM

China’s blue-chip index posted its biggest daily drop in nearly seven months on Monday after touching record highs last week, as investors fretted over high stock [...] » More

Alibaba and Pinduoduo join fight against looming China food crisis

23-Feb-2021 Intellasia | Bloomberg | 6:02 AM

The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands, where they are [...] » More

Ant faces another setback in curbs on joint lending with banks

23-Feb-2021 Intellasia | Bloomberg | 6:02 AM

Jack Ma’s Ant Group Co. and China’s other fintech giants were dealt another blow by new rules that target a lucrative growth area joint lending with banks. Banks [...] » More

Biden may face an uphill task trying to form an ‘anti-China alliance’ in Asia

23-Feb-2021 Intellasia | CNBC | 6:02 AM

US President Joe Biden may find it difficult to gather Asian “swing states” into a coalition against China, a political analyst told CNBC. Part of that challenge [...] » More

China regulator finalises guidelines on banks’ internet loan businesses

23-Feb-2021 Intellasia | CNBC | 6:02 AM

China’s bank regulator on Saturday tightened requirements on the internet loan business of commercial banks, amid heightened scrutiny of online lending by internet [...] » More

Huawei to slash 2021 smartphone output by more than half

23-Feb-2021 Intellasia | TaiwanNews | 6:02 AM

Chinese telecoms giant Huawei has alerted its suppliers that its smartphone component orders for this year will be cut by more than 60 percent as it continues to struggle [...] » More

Chinese loans to Latin America plunge as virus strains ties

23-Feb-2021 Intellasia | AP | 6:02 AM

It seemed like a match made in finance heaven. In 2010, China, its economy roaring and state companies looking to expand globally, set its eyes on Latin America, a region [...] » More