Day: May 25, 2020

Hong Kong businesses navigate radically altered security landscape

HONG KONG — After Beijing’s proposals to implement national security legislation in Hong Kong triggered the worst day on the city’s stock market in five years, what caught the eye in following days was the number of businesses offering staunch support for the proposal.

In numerous newspaper ads over the weekend and on Monday, various trade organizations and companies connected to mainland China welcomed the legislation. Among those weighing in were China Merchants Group and China Resources Group, two of the major Hong Kong-based Chinese state-owned conglomerates, and the big four state-owned banks. Messages, mostly written in red ink in

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China plan for security law rattles Hong Kong businesses

HONG KONG — After Beijing’s proposals to implement national security legislation in Hong Kong triggered the worst day on the city’s stock market in five years, what caught the eye in following days was the number of businesses offering staunch support for the proposal.

In numerous newspaper ads over the weekend and on Monday, various trade organizations and companies connected to mainland China welcomed the legislation. Among those weighing in were China Merchants Group and China Resources Group, two of the major Hong Kong-based Chinese state-owned conglomerates, and the big four state-owned banks. Messages, mostly written in red ink in

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Suicide note written by Netflix star Hana Kimura found

TOKYO (Kyodo) — An apparent suicide note written by Hana Kimura, the 22-year-old female professional wrestler who was among the cast in the latest series of the internationally popular Netflix reality show “Terrace House,” was found at her Tokyo home in the wake of her death, investigative sources said Monday.

The note left behind by Kimura, who was a popular wrestler who usually played the role of “heel,” or villain, expressed her gratitude toward people around her, the sources said.

Based on evidence she had been victimized by cyber-bullying, police have still to determine the cause of her death on

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The story behind Jaguar Land Rover’s proposed government bailout

British carmaker Jaguar Land Rover has gone to the Government for support to steer it through the coronavirus pandemic.

The company, owned by India’s Tata Motors, is Britain’s biggest car manufacturer employing more than 38,000 people making luxury Jaguar saloons and 4x4s under the Land Rover and Range Rover brands, such as the new Defender. 

While the business has been a crown jewel of British industry for decades, coronavirus has savaged car sales and left the automotive industry desperate for a reprieve. 

This weekend, it was reported that JLR had gone to the Treasury for a state support package thought

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