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Category: BUSINESS

Posted on November 2, 2020

China’s blue-chip stocks firm on strong factory data; Hong Kong up

HK daily quota used 4.7% SHANGHAI, Nov 2 (Reuters) – China’s blue-chip stocks started the month on a firm note on Monday, with consumer stocks leading gains, as a private survey showing strong factory …

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Posted on November 2, 2020

JPMorgan takes 71% in China securities business

JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, …

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Posted on November 2, 2020

Hong Kong mogul Bill Wong looks beyond Covid-19, ready to hire pilots as he prepares Greater Bay Airlines for take-off

Bill Wong Cho-bau, a Hong Kong tycoon who invests heavily over the border, is making a HK$2 billion (US$258 million) bet with his launch of a new city airline that will focus on a region expected to …

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Posted on November 2, 2020

Hong Kong fintech startup Statrys nets $5m in angel round

Statrys, a Hong Kong-based digital payment services platform, announced that it has raised US$5 million in a funding round from an angel investor. Founded in 2018, Statrys provides payment solutions …

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Posted on November 2, 2020

Do department stores still have a future in Singapore?

In its 162 years of operations in Singapore, department store Robinsons survived bombings, a three-year closure during the Japanese …

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Posted on November 2, 2020

Australian IT Consultancy, Servian, expands into Singapore to address urgent regional need for digital transformation

He said Singapore’s position on the world stage hangs … cloud-based solutions that help them evolve their business at speed.” “Having worked with hundreds of organisations in different segments …

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Posted on November 2, 2020

Alibaba-owned Lazada suffers data breach for its grocery delivery business in Singapore

Southeast Asian e-commerce firm Lazada said last week it detected a data breach that exposed personal details of many users in Singapore. Lazada’s cybersecurity team discovered on Oct. 29 illegal …

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Posted on November 2, 2020

Kyrgyz ambassador visits ICCI

Ambassador of Kyrgyzstan Erik Beishembiev visited the Islamabad Chamber of Commerce and Industry (ICCI) to meet …

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Posted on November 2, 2020

From Hummus To High-tech: Israel CEOs Seek ‘Friends’, Deals In UAE

He was one of the 13 business leaders who joined a four-day trip to the UAE organised by Jerusalem Venture Partners (JVP), a venture capitalist firm. Before normalisation, there had been discreet …

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Posted on November 2, 2020

UAE SMEs have options to press their legal claims

But the UAE has no such systems in place – or so I thought until I discovered that some protection, albeit modest, exists. In the UAE, the legal process is daunting to most companies, especially SMEs, …

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