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Updated: 4 years 22 weeks ago
Hong Kong stocks fall most since 2015 as Beijing pushes security law
* Analysts fear rekindling of streets protests, U.S.
tensions
(Adds bullets, attaches alert, updates prices)
Categories: Business News
REFILE-GLOBAL MARKETS-Tensions over Hong Kong unnerve world stocks, oil tumbles
Categories: Business News
MORNING BID-A turn for the worse
* Note: There will be no Morning Bid on Monday, May 25,
because of
a public holiday in the UK.
Things have taken another turn for the worse between the world's
two superpowers. Escalating rhetoric from President Donald Trump
hit Wall Street yesterday, but Asian markets today are red all
over following China's proposal for a new Hong Kong law to ban
sedition, secession and treason. That will almost certainly
reignite protests in Hong Kong and drive another wedge with
Washington.
Categories: Business News
UPDATE 4-Beijing may base security agencies in Hong Kong as part of new laws
Categories: Business News
UPDATE 1-Nissan considering 20,000 job cuts, mainly in Europe, developing nations -Kyodo
Nissan Motor Co is
considering cutting 20,000 jobs from its global workforce,
focusing on Europe and developing countries, Kyodo news reported
on Friday, as the Japanese automaker struggles to recover from
plunging car sales.
Categories: Business News
RPT-Hong Kong bankers worry that new laws could lead to capital flight
China's plans to impose
national security legislation in Hong Kong are expected to lead
to the flight of capital and talent from the Asian financial
hub, bankers and headhunters said.
Categories: Business News
Hong Kong bankers worry that new laws could lead to capital flight
China's plans to impose
national security legislation in Hong Kong are expected to lead
to the flight of capital and talent from the Asian financial
hub, bankers and headhunters said.
Categories: Business News
UPDATE 1-UK set to outline quarantine measures for international arrivals
The United Kingdom will later on
Friday spell out details of its plans for a COVID-19 quarantine
for travellers arriving from overseas, a measure that airlines
have warned will devastate their industry.
Categories: Business News
Luxury stocks hammered as Chinese trade fears hit Europe
European shares fell on Friday as a
deterioration in U.S.-China ties compounded fears of a slower
recovery from the economic damage wreaked by the COVID-19
pandemic.
Categories: Business News
Banks pursue Luckin Coffee chairman's assets after loan default
The banks that lent $518
million to Luckin Coffee Chairman Charles Zhengyao Lu
have started court proceedings to liquidate his private company,
a government gazette for the British Virgin Islands showed.
Categories: Business News
Turkey sees rebounds in capacity utilisation, manufacturing confidence
Turkey's capacity utilisation
rate rebounded to 62.6% in May after hitting a 10-year low of
61.6% a month earlier, while confidence among manufacturers also
jumped, data from the central bank showed on Friday.
Categories: Business News
UPDATE 4-KKR to invest $1.5 bln in Reliance Industries' digital unit, its biggest deal in Asia
Categories: Business News
Hong Kong stocks set for worst day since 2015 as Beijing pushes security law
Hong Kong's stock
market tumbled more than 5% to seven-week lows on Friday as
China moved to impose new national security laws on the city,
raising fears of a revival of the civil unrest that convulsed
the financial hub for much of last year.
Categories: Business News
China's biggest automaker expects domestic car sales to pick up in Q2
China's biggest automaker SAIC
Motor expects the nation's auto sales to post
year-on-year growth in the second quarter due to recovering
demand and supportive policies, its chairman said on Friday.
Categories: Business News
GLOBAL MARKETS-Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint
Categories: Business News
UK to set out quarantine measures for international arrivals
The United Kingdom will on Friday
set out details of its plans for a quarantine for international
arrivals, Northern Ireland Secretary Brandon Lewis said.
Categories: Business News
UPDATE 7-Trump visits Ford plant in politically crucial Michigan, leaves mask off for cameras
President Donald Trump
traveled on Thursday to the crucial U.S. election battleground
state of Michigan to visit a Ford Motor Co plant amid
tensions with its Democratic governor during the coronavirus
pandemic, opting not to wear a protective face mask for the
cameras.
Categories: Business News
PRESS DIGEST - Wall Street Journal - May 22
The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Categories: Business News