Hong Kong Markets Roiled by Interbank Rate Squeeze Amid Protests
15 June, 2019, 09:21
Asian markets fell on Wednesday after two days of healthy gains, with Hong Kong the worst performer - sinking 2 percent as a huge anti-government protest paralysed key roads in the city before turning violent.
TOKYO, June 13 (Reuters) - Asian shares slumped on Thursday as the Hong Kong market was hit for the second straight session following a day of massive street protests, while oil prices flirted with five-month lows due to higher USA crude inventories and a bleak demand outlook.
Shares were mostly lower in Asia on Wednesday and Hong Kong's Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory's legal autonomy.
Major thoroughfares were blocked by the protests as lawmakers prepared to debate the bill, which would allow extraditions to China and that many fear will hammer Hong Kong's reputation as an global business hub. A Chinese investor sits near a poster with the words "Treasure your hard earned money, Protect your parent's retirement fund, Defend your children's education fund" at a brokerage in Beijing Wednesday, June 12, 2019.
The Dow Jones Industrial Average rose 101.94 points, or 0.39%, to 26,106.77, the S&P 500 gained 11.8 points, or 0.41%, to 2,891.64 and the Nasdaq Composite added 44.41 points, or 0.57%, to 7,837.13.
Japan's Nikkei lost 0.8% while US stock futures slipped 0.2% in Asia, following small losses the previous day when the S&P 500 shed 0.20%.
The Hang Seng Index fell 0.86 per cent, or 235.47 points, to 27,072.99 by the break.
The Hang Seng lost 1.7% to 27,308.46 as thousands of protesters, majority young, prevented lawmakers from entering Hong Kong's government headquarters Wednesday.
They obstructed the flow of traffic and delayed a debate on a bill that would allow criminal suspects in Hong Kong to be sent for trial in mainland China.
Australia beats Brazil 3-2 with aid from an own goal France, meanwhile, are certain to at least be one of the best third-placed teams as they already have six points in Group A. That's a tough one, isn't it? They overcame a 2-0 deficit to score three straight goals and regained a lot of confidence.
NBA Finals Game 1: Mini-movie That made Siakam's 32-point performance in Game 1 even more impressive. Toronto took Game 1 and will host Game 2 on Sunday night. Kerr said the team isn't going to rush Durant's return.
Japan's Nikkei shed 0.8 percent, while US Stock futures in Asia dipped 0.3 percent and the Bombay Stock exchange (BSE) had shrugged off 0.49 percent. Australia's S&P ASX 200 edged 0.1% higher 6,550.40.
Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data that was seen as strengthening the case for the Federal Reserve to cut interest rates this year.
HK- Shanghai Connect daily quota used 2.7%. But he said he's prepared to expand existing tariffs if a deal with Beijing falls through.
"It's me, right now, that's holding up the deal", Trump said in comments carried by CNBC and other news outlets.
Benchmark 10-year notes last rose 11/32 in price to yield 2.091%, from 2.127% late on Wednesday. Brent crude oil, the global standard, fell $1.33 to $60.96 a barrel.
President Donald Trump has said he plans to meet with Chinese President Xi Jinping at the Group of 20 summit late this month in Osaka, Japan.
The dollar index, which tracks the greenback against six major currencies, rose 0.01%, with the euro down 0.09% to $1.1277.
US crude settled up 2.23% at $52.28 while Brent rose $1.14 to $61.31.
The dollar fell to 108.36 Japanese yen from 108.52 yen on Friday.
And they rounded off the year by beating Arsenal in the Europa Leauge final, securing Sarri's first major piece of silverware. And should Chelsea fire him, Sarri is said to be ready to lure Emerson Palmieri away from Stamford Bridge to Juventus.
From June 2020, around 3.7 million households which previously received a free licence will have to pay for one. Mr Higgins urged people to check if they are eligible for pension credit by calling 0808 802 0020.
The research report covers size, share, trends and growth analysis of the Cellular IoT Market on the global and regional level. Writer, reporters, journalists, editors, and webmasters want to know regarding Internet Of Things (IOT) Security.
The project will also allow Volvo to use a similar autonomous base vehicle concept for its future autonomous drive cars from 2020. Uber says its future plans include having the drones land on top of parked Uber vehicles located near the delivery locations.
Among them, Dimitri Sirota, CEO and co-founder of data privacy company BigID , who said that the app is "a mixed bag for privacy". Also, the firm has said it will not collect a user's ID, passwords, or other content such as photos, videos, or messages.
But I am happy that India has responded, since it was giving a wrong signal about India's decision-making process. The US, on the other hand, is India's largest export market, accounting for 20 per cent of all shipments.
The yet-unnamed Spice Girls film is due to be released in 2020, 13 years after the girls' first move, Spice World was released. Over two decades after the release of Spice World , the Spice Girls are now working on an animated feature with Paramount.
Nearly every single master recording in the vault was destroyed, some of which were from the biggest musicians since the 1940s. PEOPLE reported at the time that the King Kong exhibit was "three quarters lost" and that the NY set "has been totally lost".
Pavel Granados, the library's national director, says Kahlo's voice is the one most requested by visitors to the archives. An investigation into 1300 other recordings of El Bachiller is now underway to see if more of Kahlo's sweet voice exists.
Blood donated by Bertie, and other canine donors, have allowed the RVC to carry out over 600 blood transfusions each year. They do not tend to hide any health related information as they understand their blood is going to save many lives.
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Young Hong Kongers, angered by years of sliding democratic freedoms in the city, have been at the forefront of the protests. Government officials said they had not yet released plans for a news conference but indicated they might have news soon.
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Despite the cease work strike, the emergency services at the State's premier health institute has remained unaffected. The agitation has spread to New Delhi and Mumbai , too, where doctors are protesting the lack of security they face.
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It invests in family-owned companies worldwide. "They have a track record of success with businesses as special as ours that want to grow, while preserving culture and family history".
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In the song, Mac raps about the difficulties of being in an imperfect relationship and the lies couples tell one another. The singer also reportedly played late Miller's music on the speakers, thereby paying a tribute to him.
Everything You May Have Missed Coming Out of E3 2019
Marvel's Avengers is trying to forge its own universe and perhaps borrow from the MCU, but certainly not adapt it directly . Escayg said to the site "we are always listening to, and welcome feedback from our community".
Body of 7-year-old Indian girl found in Arizona desert
According to authorities, the unidentified girl "was trying to cross into the U.S. with a group of people from her country". The statement goes on to describe it as "rugged desert wilderness with few backcountry roads and little to no resources".
Huawei reportedly urging Verizon to pay fees on over 200 patents
A new report from Reuters claims that Huawei is in a patent dispute with Verizon for unregulated use of an estimated 230 patents. Four days later, Google announced it was cutting off Huawei's access to future updates of Google's Android and Google Play Store.