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Lingang’s inclusion in Shanghai Free-Trade Zone a chance for Beijing to conduct bold reforms

Shanghai’s move to replicate a mini-Hong Kong style free marketplace after it included a 119.5 sq km untapped area at Lingang into its free-trade zone is a step in the right direction analysts say, but they caution more needs to be done to create a flourishing zone that can pose a real threat to the region’s established financial centre.The renewed effort to turn the six-year-old Shanghai FTZ into a boomtown to showcase China’s economic might reflects Beijing’s resolution in opening up the… Source link

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HMV’s liquidation next week to give Hongkongers a chance to get their hands on 100,000 DVDs, records and its iconic dog statues

HMV, the collapsed music retailer, will hold a liquidation sale next week, allowing the public to buy some 100,000 CDs, DVDs and vinyl records at heavily discounted prices, according to its liquidator.The largest liquidation sale in the city for more than a decade comes after a failed tender sale, said Wong Sun-keung, a partner at accounting firm Vision AS, which is handling HMV’s liquidation.“We tried to sell a whole lot of inventory by way of tender in June, but the offer prices from the 10… Source link

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Stocks Blog: Cloudy day with a chance of turbulence ahead

The markets will be braced for volatility on Wednesday, with Asian equities looking like they are set for a mixed start following an overnight rebound in US stocks. But even as China moves to stabilise the yuan, fuelling hopes that cooler heads will prevail, Hong Kong could be in line for more losses. Join us, Azar Zaidi in Hong Kong and Zhang Shidong in Shanghai, as we track all the day’s happenings in the bourses of mainland China and Hong Kong.  Source link

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The trade war lull is a good time to assess the damage, and corporate earnings give investors that chance

Taking a look at the world and capital markets through the widest macroscopic lens is a sensible way of determining what matters when it comes to investing. However, now and again the micro narrative takes over, and the corporate earnings season is one of those times.The current macro economic backdrop is uninspiring but understandable. The trade war has dented corporate activity and economic sentiment, but central banks have signalled their intent to ease rates to steady the economic ship.The… Source link

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Vietnam 

CPTPP gives Vietnamese firms a chance to invest in Canada – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Panellists at the workshop. Vietnamese businesses are being offered the opportunity to increase trade and investment ties with Canada through CPTPP. — Photo thesaigontimes.vn HÀ NỘI – Vietnamese enterprises are being encouraged to tap into business opportunities in Canada as the nation actively calls for foreign investment in the wake of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially coming into effect. In the workshop “Business opportunity with Canada through CPTPP” on Friday in HCM City, chairman of Canada Trade Link Bryon Wilfert said Canada wanted…

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Singapore 

Second chance at life: Singaporean finds liver donor after son posts appeal on social media, Singapore News

SINGAPORE – When his father’s chronic hepatitis B infection took a turn for the worse last month, Mr Leslie Tan decided to post an appeal for a liver donor on social media. He and his family were not sure if they could find any donors through the Facebook post. But within days, a 36-year-old stranger, Mr Lin Hanwei, offered his father a new lease of life. Mr Tan, 24, who is a student at Nanyang Technological University, told The Straits Times that it was “pure luck and coincidence” that Mr…

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Singapore 

Win $1,888 and a chance to meet F1 driver Kimi Raikkonen when you head to Beerfest Asia 2019 – Here’s how, Lifestyle, Singapore News

Things are about to get heated trackside at the Marina Bay Street Circuit, with the Singapore Grand Prix rolling around again this September. But an exclusive encounter with well-known ‘Iceman’ Kimi Raikkonen may just be the thing to cool you off – that and winning $1,888 in cold hard cash. EuroAutomobile, the official distributor of Alfa Romeo cars in Singapore, is partnering Beerfest Asia in giving three lucky winners access to the Alfa Romeo Racing F1 Paddock this season. The Alfa Romeo Racing Paddock Passes are not available for public purchase, and…

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Vietnam 

Take a chance on Việt Nam: PM Phúc wants Swedish investment – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Ministers Nguyễn Xuân Phúc (third, left) and Stefan Löfven (third, right) witness the exchange of cooperation documents at the Việt Nam-Sweden business forum in Stockholm on May 27. — VNA/VNS Photo STOCKHOLM — Việt Nam hopes that Swedish investors and businesses will cooperate with and invest in the Southeast Asian nation, Prime Minister Nguyễn Xuân Phúc has said.  The PM on Monday told the Việt Nam-Sweden business forum in Stockholm that the Southeast Asian nation is reforming its institutes and restructuring its economy, while promoting the private sector, so the…

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Vietnam 

High supply gives Việt Nam’s poultry firms chance to reach export markets – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A poultry farm in the central province of Bình Định. High supply levels mean Việt Nam’s poultry producers have a chance to expand to export markets. VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam’s poultry producers have a big opportunity to export their products thanks to high supply levels, according to the Ministry of Agriculture and Rural Development (MARD). Nguyễn Thanh Sơn, chairman of the Việt Nam Poultry Association, said Việt Nam’s signing of several free trade agreements has created chances for local firms to approach new markets…

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Singapore 

#Joeyjios: Last chance to brave the crowds at Shilin Night Market – 3 things you shouldn’t miss , Singapore News

Shilin Night Market is probably the one place every first-time visitor to Taiwan checks off their must-visit list. It’s no wonder then, that last weekend’s Shilin-inspired pop-up event at The Grounds @ Kranji drew 60,000 visitors within the first three hours on the opening day (April 19). The Good Friday crowd seemed undaunted by the wet weather – throngs of people held umbrellas and swarmed F&B booths, with many on the lookout for the shortest queue to join. One of the most popular food items, the Devil’s Chicken Chop fried…

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