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Posted on June 2, 2020

Rare Cyclone to Disrupt Business in India’s Financial Hub

Mumbai, the financial capital of Asia’s third-largest economy, is likely to be affected by a cyclonic storm Wednesday, potentially causing widespread disruption in business and hurting efforts to …

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Posted on June 2, 2020

Hong Kong leader accuses US of ‘double standards’ over protests

Hong Kong’s leader accused the United States on Tuesday of applying “double standards” in its response to violent protests as she warned Washington’s plan to place trade restrictions on the financial …

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Posted on June 2, 2020

China’s NetEase Kicks Off $3.2 Billion Hong Kong Offering

NetEase has officially launched a long-rumored second offering in Hong Kong, seeking to raise up to 24.5 billion Hong Kong dollars ($3.2 billion) as it prepares to expand globally.

( read original story …)



Posted on June 2, 2020

New iOS Update Brings Hong Kong-Specific Features To iPhone And Apple Watch

Apple’s newest iOS update (version 13.5.1) brings two new features that are specific for Hong Kong users. The first is Apple Wallet support for Octopus, the contact-less digital payment card that is …

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Posted on June 2, 2020

Beijing is unlikely to target U.S. investors in retaliation, Hong Kong lawmaker says

Any counter measures that China lobs back in retaliation for the U.S. revoking Hong Kong’s special status will not likely to hurt American investors, according to Regina Ip.

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Posted on June 2, 2020

Hong Kong Investor David Webb Says City Is Facing ‘Brain Drain’

More talented workers are likely to leave Hong Kong if China imposes a vaguely worded national security law on the financial hub, according to one of the city’s most prominent investors.

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Posted on June 2, 2020

‘It doesn’t seem logical,’ says Hong Kong official on U.S. threat to remove city’s trade status

“It doesn’t seem logical” for the U.S. to hurt its own business interests while trying to “harm” Hong Kong, says Edward Yau, Hong Kong’s secretary for commerce and economic development, in response to …

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Posted on June 2, 2020

Taiwan Billionaire K.C. Liu’s Son Joins Advantech Board

The son of one of Taiwan’s wealthiest tech entrepreneurs has joined the board of his father’s flagship business. Lesley Liu, 37, joined the board of Advantech on May 28, according to a company …

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Posted on June 2, 2020

Temporary law permitting ‘salary cuts’ in private sector in Kuwait

KUWAIT CITY: The government has revised its plan to amend the Labor Law in the Private Sector No. 6/2010 to allow companies whose business activities have been affected by Corona virus crisis to agree …

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Posted on June 2, 2020

Coronavirus deals heavy blow to Cambodia’s shaky tourism industry

Cambodia is not alone in its tourism troubles … Indirectly, it supports the livelihoods of millions. In Siem Reap, business owners say they are not sure how long they can hang on. “It’s been two …

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