Vietnam 

VN stocks fall on ETFs’ review – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Cows at a Vinamilk farm. Among large-cap stocks that declined on Friday, Vinamilk (HoSE: VNM) dropped 1.2 per cent. — Photo baochinhphu.vn HÀ NỘI — Việt Nam’s benchmark VN-Index fell back to 990 points on Friday as stocks were hit strongly on the last day exchange-traded funds (ETFs) completed reviewing their portfolios. The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) dropped 0.68 per cent to close at 990.36 points. The benchmark index was up slightly 0.20 per cent on Thursday. Friday’s decline almost wiped out all gains…

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Home 

Hong Kong’s hotel sector is in free fall as violent protests keep tourists from the mainland, and elsewhere, away

Global property markets have cooled this year. Leasing activity and transaction volumes have slowed as investors turn cautious and demand from occupiers weakens.However, in Hong Kong’s hotel market, a modest decline in occupancy and room rates in the first half of the year has exploded into a full-blown crisis as the mass anti-government protests that erupted in June descend into violence.The city’s tourism industry, a pillar of the economy, is experiencing its sharpest downturn since the Sars… Source link

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Home 

Rental charges at Hong Kong’s ultra-luxury abodes fall by 30 per cent as expatriates and mainland Chinese renters stay away

Hong Kong’s monthly leases for ultra luxury residences have fallen by almost a third, as three successive months of street protests and the ongoing drought of high-paying financial jobs have deterred expatriate and mainland Chinese renters.Three-storey town houses of around 3,000 square feet (279 square metres) at the South District and on The Peak are now available for between HK$150,000 and HK$200,000 (US$25,000) per month, up to 30 per cent less than what they were going for three or four… Source link

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Vietnam 

VN stocks fall amid lack of support – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A Pan Group’s confectionery plant. The company’s shares helped boost the food and beverage sector on Tuesday. – Photo vietnamfinance.vn HÀ NỘI – Vietnamese shares fell along with global stocks worried about the world economic recession amid a lack of supporting information among local firms. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.40 per cent to close at 970.26 points. The VN-Index has lost total 1.40 per cent since the beginning of September. More than 161.4 million shares were traded on the southern market, worth…

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Home 

With the pound unlikely to fall any further in the event of a no-deal Brexit, now is the time to buy UK property

As I write this, yet again political commentators tell me, we have entered the most important week in British politics. Is this the fifth time this year? We are still no clearer on when the UK will exit the EU with parliament providing unprecedented daily drama.This should be no surprise given the saga that Brexit has become, but it is disappointing for those who think that at last the UK has a prime minster who seems determined to take on the EU and deliver some sort of Brexit result, whether……

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Global 

China exports fall unexpectedly in August, as trade war continues to slam industrial economy

China’s exports fell unexpectedly in August, as the trade war with the United States continued to hit the world’s second largest economy.Exports fell by 1 per cent last month after growing 3.3 per cent in July. The August result was the 2.1 per cent growth expected in poll of analysts conducted by Bloomberg.July’s expansion now seems like an anomaly, likely driven by front-loading as new tariffs of 15 per cent on about US$110 billion of Chinese goods that took effect on September 1. American… Source link

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Home 

In drama-packed day in Hong Kong stock market, big gainers in Wednesday’s ‘olive branch’ surge fall while derivatives trading is suspended over ‘connectivity’

Those big gainers in Wednesday’s surge on a hopeful moment about quieting unrest in Hong Kong broadly fell on Thursday, with Sa Sa International plunging 7.9 per cent.The olive branch extended by city leader Carrie Lam – saying she would formally withdraw the radioactive bill that would have allowed extraditions to the mainland – fell far short of protesters’ demands. Violence broke out again at an MTR subway station, in which a station superviser was attacked by protesters and suffered… Source link

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Vietnam 

VN stocks fall, trading remains quiet amid risk concerns – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Building contractor Viglacera workers pile up tiles. The construction sector was among those that were weighed down by the market caution on Thursday. — Photo nhipcaudautu.vn HÀ NỘI — Vietnamese shares were mixed on Thursday morning while market trading liquidity was modest as investors were unwilling to open checks for buying in assets. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.15 per cent to close at 979.10 points. The VN-Index had dropped total 0.66 per cent in the previous two trading days. The HNX-Index on the…

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Vietnam 

VN stocks fall as worries over potential risks increase – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  An Eximbank office. The bank shares slipped 1.2 per cent on Wednesday morning. — Photo tienphong.vn HÀ NỘI — Vietnamese shares declined on Wednesday morning, dragged by the banking and realty sectors as investors worried about increasing risks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange fell 0.26 per cent to close at 976.78 points. The VN-Index was down 0.48 per cent on Tuesday as the stock market re-opened after the Independence Day holiday. According to VNDirect Securities Corp (VNDS), the market is at risk now as investors worry…

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Singapore 

More than 50 Punggol Primary pupils, teachers fall ill during camp; school, authorities investigating, Singapore News

SINGAPORE – A total of 46 Punggol Primary School pupils and five teachers suffered from diarrhoea and stomach pain during a camp which has since been cut short. In response to queries from The Straits Times, its principal Hanafi Asmore said three students first reported these symptoms on Thursday (Aug 29) – the first night of what was to have been a three-day camp. He said: “Of the affected pupils, 30 said that they were well enough to continue and 15 were sent home.” One pupil was hospitalised for observation and discharged on…

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