Jack Ma’s Ant seeks $200 billion value in landmark dual IPO

Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off

Japan starts paying firms to cut reliance on Chinese factories

Japan’s government will start subsidizing some companies to invest in factories in Japan and South-East Asia as part of efforts to reduce reliance on manufacturing in China. Fifty-seven companies including privately-held

Hong Kong activist Joshua Wong seeking seat in legislature

Pro-democracy activist Joshua Wong filed candidacy papers yesterday for upcoming legislative elections in Hong Kong, where the new national security law could prevent opposition candidates from taking seats. Wong was one

HK jobless rate jumps to highest in over 15 years

Hong Kong’s unemployment rate rose in June to the highest in more than 15 years, as the city’s economy remains under pressure from the coronavirus pandemic as well as escalating

UK to make changes to extradition treaty with Hong Kong

Britain’s government will be making changes in its extradition arrangements with Hong Kong, after China imposed a tough new national security law. As tensions grow with Beijing, Prime Minister Boris Johnson

This Day in History | 1969 Man takes first steps on the Moon

American Neil Armstrong has become the first man to walk on the Moon. The astronaut stepped onto the Moon’s surface, in the Sea of Tranquility, at 0256 GMT, nearly 20 minutes

Insults, slammed fists: EU virus summit goes into fourth day

Weary and bleary, European Union leaders yesterday geared up for a fourth day of fighting over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund, barely recovered

Citi, UBS pause Hong Kong back-to-office plans as cases jump

Global banks including Citigroup Inc. and UBS Group AG are suspending their return-to-office plans in Hong Kong after the city reported a daily record of more than 100 new coronavirus

Football | Madrid and Barcelona savor break ahead of Champions League

With the Spanish league over, Real Madrid and Barcelona are ready to recharge and regroup as they turn their focus to the Champions League. The teams responded differently following the stoppage

Ballon d’Or canceled this year amid coronavirus disruption

The prestigious Ballon d’Or will not be awarded this year because the coronavirus pandemic has disrupted the soccer season. Awarded by France Football magazine, the Ballon d’Or has been given out

The Buzz | UK buying 90 million coronavirus vaccine doses

British officials say they have signed a deal to buy 90 million doses of experimental coronavirus vaccines being developed by the pharmaceutical giant Pfizer and others. The British government said in

North Korean leader berates officials over hospital project

North Korean leader Kim Jong Un berated construction managers for unspecified problems in building a showpiece hospital in comments reported yesterday that may indicate the country is struggling to secure

The Conversation | Mandatory face masks might lull people into taking more coronavirus risks

  Governments all around the world are trying to contain the spread of the coronavirus. Making it mandatory for people to wear face masks is a policy that has gained favor

Tuesday, July 21, 2020 – edition no. 3580

* IPIM trial | Chang’s defense denies ‘criminal organization’ * WeChat only payment method for Golden Bus tickets * Hong Kong announced the extension of social distancing measures as 73 more cases

Asia Today: Outbreak in northwest China spreads to second city

BEIJING — China's latest coronavirus outbreak has spread to a second city in the northwestern region of Xinjiang. One of the 17 new cases reported on Monday was in the ancient

Corporate Bits | MGM’s pandemic prevention efforts recognized by Liaison Office

A delegation led by Yao Jian, Deputy Director of the Liaison Office of the Central People’s Government in the Macao SAR, recently visited MGM Cotai and presented a certificate of

Corporate Bits | Liaison Office recognizes Melco’s pandemic prevention efforts

Melco Resorts & Entertainment’s pandemic prevention efforts have been recognized by the Liaison Office of the Central People’s Government in the Macau SAR. A certificate commending the epidemic prevention efforts

Briefs | Off-duty PJ inspector drives drunk and crashes

  An off-duty Judiciary Police (PJ) inspector was driving under the influence of alcohol and crashed into a series of parked motorcycles on the slope next to Government Headquarters early Saturday

Child pornography cases prompt police to issue multilingual public warning

The recently reported cases of people found in the possession of, or attempting to publish, pornographic content involving minors on several social media networks have prompted the Judiciary Police (PJ)

Crime | Three eateries shutdown after supplier bust

  The Municipal Affairs Bureau (IAM) has ordered three eateries located in Taipa be shutdown after their supplier, a food processing company, was found to be breaching several hygiene and sanitation

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