Vietnam 

Season 3 of Shark Tank unveiled – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Shark Tank Vietnam will return for a third season in July. — VNS Photo HCM CITY — Shark Tank Việt Nam will be back for the third season with two new investors, organisers announced in HCM City on Thursday. At the launch the organisers, VTV24 News Centre and TVHub, said the reality show for start-up investors will be shown every Wednesday on VTV3 starting on July 24. The two new “sharks” this year are Đỗ Liên, the founder of insurance application LIAN, and Phạm Văn Tam, chairman of Asanzo…

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Home 

Growth in home prices in China’s bigger cities may push up costs countrywide, think tank says

A bridge modelled on London’s Tower Bridge in Suzhou, in China’s eastern Jiangsu province. New home prices rose in 67 out of the 70 cities monitored by China’s National Bureau of Statistics in April. This prompted the housing ministry to warn four cities, including Suzhou, that they were showing signs of overheating. Photo: AFP Source link

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Home 

Hong Kong traded shares in Chinese peer-to-peer lending platform Gold-Finance tank after founder put in police custody

China’s efforts to clean up its embattled peer-to-peer lending sector are behind the latest shock wave to affect trading in Hong Kong.Shares in Gold-Finance Holdings, a Chinese wealth management firm, tumbled as much as 70 per cent in the city on Tuesday. The decline came after police in China’s eastern city of Hangzhou said over the weekend its owner, Wei Jie, was in custody for suspicious illegal fundraising.The stock traded at 15.7 Hong Kong cents, slumping 67 per cent, before trading was… Source link

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Singapore 

It’s gone: Unusual koi tank outside Tampines flat dismantled following failed appeal, Singapore News

SINGAPORE – A Housing Board flat owner who had converted the doorstep of his property into a fish tank for his koi carp has dismantled the tank, after his appeal to keep it was rejected. The Tampines Street 41 resident, who wanted to be known only as Mr Tan when approached by The Straits Times previously, had attached glass panels to the walls around the four steps leading to his ground-floor unit to house about 10 fish. The structure was put in place three to four years ago, and the…

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China 

China’s economic growth unable to boost employment as job market drops to six-year low, says think tank

Despite better-than-expected economic growth in the first quarter, China’s job market performed at its worst level in six years at the start of 2019, according to an industry report published on Friday.The number of jobs seekers normally rises during January to March when many workers look to change jobs and college graduates start looking for career opportunities after their graduation. However, in the first quarter, the number of potential applicants rose to the highest level since 2011 while… Source link

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Home 

Leica Camera backs away from promotional video depicting ‘Tank Man’ in Tiananmen Square

Leica Camera AG has sought to distance itself from a promotional video – depicting photographers covering the deadly Tiananmen Square crackdown three decades ago – that has landed the German company in hot water in China.The five-minute promotional video, “The Hunt”, depicts various dark moments of war and conflicts through the lenses of photojournalists. But its main plot follows a Western journalist inside a Beijing hotel in 1989, who tries to go outside to document the shooting but is… Source link

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Singapore 

HDB rejects owner’s appeal to keep unusual koi fish tank outside Tampines flat, Singapore News

SINGAPORE – A Housing Board flat owner who had converted the doorstep of his property into a fish tank for his koi carp has failed in his appeal to keep the unusual structure. The Tampines Street 41 resident installed glass panels to the walls around the four steps leading to his ground floor flat to house around a dozen pet fish, but was not aware that he needed permission to make the alteration. He declined to be named when approached by The Straits Times previously. The Housing and Development Board…

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Home 

China’s debt-fuelled ‘aircraft of private businesses’ took off – and then the tank ran dry

Daniel Wu, a Hong Kong based banker, remembers an investment proposal two years ago: A team from a subsidiary of the China Minsheng Investment Group (CMIG), a private conglomerate founded under the direction of Premier Li Keqiang in 2014, tried to persuade him to finance a property project being planned in Vietnam’s Ho Chi Minh City, along the Saigon River.“They depicted a marvellous plan to turn the area into another Lujiazui,” Wu said, referring to the financial hub of Shanghai. Wu’s company,… Source link

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Global 

United States to remain sole global economic superpower until 2035, Chinese government think tank says

The United States will remain the world’s only global economic superpower until 2035 even though China’s role in the world economic landscape will become more important, according to Beijing’s latest predictions, in an apparent toning down of the mainland’s public ambitions for its future role in global economy. While the report by the Development Research Centre of the State Council (DRC) does not directly address the rivalry between China and US, it does attempt to project a relatively low profile role for China over the next two decades. It is…

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