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Posted on August 13, 2020

GLOBAL MARKETS-Japan stocks surge, dollar sags as investors see ‘glass half full’

Japanese stocks soared to a six-month peak and the dollar was under pressure on Thursday as investors picked positives out of recent economic data and bet on China and the United States sticking with …

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Posted on August 13, 2020

Jimmy Lai says swift arrest points to ‘great disorder’ between Hong Kong and China police

Pro-democracy activist says he did not expect to be arrested so soon given the global outcry, and that it suggested chaos in the ranks …

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Posted on August 13, 2020

Taiwan to boost defence spending 10% in face of China pressure

Taiwan’s defence spending next year is set to grow 10.2% compared with this year, according to Reuters calculations, as the government ramps up military investment in the face of increased pressure …

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Posted on August 13, 2020

Taiwan’s Foxconn second-quarter results topped expectations: Kirkland Capital

Hon Hai Precision Industry, which trades as Foxconn Technology Group, is also “doing the right thing” by being quick to diversify its manufacturing business out of China due to emerging U.S.-China …

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Posted on August 13, 2020

14.5-km tunnel on China-Laos railway drilled through

Vientiane Railway to link China with Laos has been bored through, the China State Railway Group Co., Ltd. (China Railway) said.

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Posted on August 13, 2020

ByteDance in talks with India’s Reliance for investment in TikTok: TechCrunch

China’s ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok’s business in India, TechCrunch reported on Thursday, citing sources.

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Posted on August 13, 2020

China launches ‘Clean Plate’ campaign against food waste

The “Clean Plate Campaign” comes after Mr Xi highlighted that Covid-19 had “sounded the alarm” on food waste. He added that China had to “maintain a sense of crisis about food security”. It also comes …

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Posted on August 13, 2020

China central bank issues 30 billion yuan of offshore bills: HKMA

China’s central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority.

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Posted on August 13, 2020

China’s Tencent downplays Trump’s WeChat app ban

Tencent has played down Donald Trump’s ban on its WeChat app, believing it will only affect its US operations. The tech giant runs an equivalent messaging platform in China called Weixin which it …

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Posted on August 13, 2020

China’s Xi tells people to stop wasting food

China has stepped up measures to reduce food waste, after President Xi Jinping called the amount wasted “shocking and distressing”. The “Clean Plate Campaign” comes after Mr Xi highlighted that …

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