Hong Kong’s tycoons ‘are the problem’ underlying recent unrest, economist says


Hong Kong’s tycoons ‘are the problem’ underlying recent unrest, economist says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-15
Keywords: news, cnbc, companies, unrest, kongs, hong, economist, tycoons, problem, recent, underlying



Company: cnbc, Activity: cnbc, Date: 2019-08-15
Keywords: news, cnbc, companies, unrest, kongs, hong, economist, tycoons, problem, recent, underlying


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Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest

Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest23 Hours AgoSat Duhra of Janus Henderson Investors says Hong Kong’s protests are becoming a “stronger” concern, but the U.S.-China trade war, Brexit and Fed policy are still “way ahead” in terms of global issues he worries about.


Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest23 Hours AgoSat Duhra of Janus Henderson Investors says Hong Kong’s protests are becoming a “stronger” concern, but the U.S.-China trade war, Brexit and Fed policy are still “way ahead” in terms of global issues he worries about.
Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-13
Keywords: news, cnbc, companies, investor, way, kongs, im, terms, stronger, uschina, fairly, concerned, worries, war, unrest23, trade, hong, unrest


Investor: I'm 'fairly concerned' about Hong Kong's unrest

Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest

23 Hours Ago

Sat Duhra of Janus Henderson Investors says Hong Kong’s protests are becoming a “stronger” concern, but the U.S.-China trade war, Brexit and Fed policy are still “way ahead” in terms of global issues he worries about.


Company: cnbc, Activity: cnbc, Date: 2019-08-13
Keywords: news, cnbc, companies, investor, way, kongs, im, terms, stronger, uschina, fairly, concerned, worries, war, unrest23, trade, hong, unrest


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Cathay Pacific suspends pilot for involvement in Hong Kong protests

Cathay Pacific shares fell more than 4% on Monday after the carrier announced it had suspended a pilot for his involvement in Hong Kong’s anti-government protests. The airline said Saturday that employees who “support or take part in illegal protests, violent actions, or overly radical behaviour” would be barred from crewing flights to mainland China. Hong Kong — a former British colony that was returned to Chinese rule in 1997 — has been struggling to end weeks of protests that have in recent w


Cathay Pacific shares fell more than 4% on Monday after the carrier announced it had suspended a pilot for his involvement in Hong Kong’s anti-government protests. The airline said Saturday that employees who “support or take part in illegal protests, violent actions, or overly radical behaviour” would be barred from crewing flights to mainland China. Hong Kong — a former British colony that was returned to Chinese rule in 1997 — has been struggling to end weeks of protests that have in recent w
Cathay Pacific suspends pilot for involvement in Hong Kong protests Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: grace shao
Keywords: news, cnbc, companies, pacific, pilot, china, suspends, involvement, violent, kong, protests, weeks, turned, hong, unrest, mainland, cathay, flights


Cathay Pacific suspends pilot for involvement in Hong Kong protests

Cathay Pacific shares fell more than 4% on Monday after the carrier announced it had suspended a pilot for his involvement in Hong Kong’s anti-government protests.

The airline said Saturday that employees who “support or take part in illegal protests, violent actions, or overly radical behaviour” would be barred from crewing flights to mainland China. It also confirmed that one of its pilots was removed from his duties since July 30.

The pilot was reportedly among over 40 people charged with rioting, during clashes with police near Beijing’s main representative office in the city.

Hong Kong — a former British colony that was returned to Chinese rule in 1997 — has been struggling to end weeks of protests that have in recent weeks turned increasingly violent and disruptive.

The rallies, which were started to protest a bill that would have allowed people to be extradited to mainland China, have snowballed into a democracy movement, with some even demanding full autonomy from Beijing.

The unrest has frequently crippled the Asian financial hub’s transportation system and last Monday, Cathay cancelled hundreds of flights during a general strike.


Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: grace shao
Keywords: news, cnbc, companies, pacific, pilot, china, suspends, involvement, violent, kong, protests, weeks, turned, hong, unrest, mainland, cathay, flights


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Protesters clash with police, chant ‘liberate Hong Kong’ as unrest continues for 10th week

Hong Kong police and protesters clashed in cat-and-mouse encounters across the city on Sunday, marking a shift in tactics during a tenth straight weekend of unrest in the former British colony where many are chafing at Chinese rule. “If she doesn’t listen to the people and respond to our reasonable demands, we’re going to continue to spread protests across Hong Kong.” Demonstrators say they are fighting against the erosion of the “one country, two systems” arrangement enshrining some autonomy fo


Hong Kong police and protesters clashed in cat-and-mouse encounters across the city on Sunday, marking a shift in tactics during a tenth straight weekend of unrest in the former British colony where many are chafing at Chinese rule. “If she doesn’t listen to the people and respond to our reasonable demands, we’re going to continue to spread protests across Hong Kong.” Demonstrators say they are fighting against the erosion of the “one country, two systems” arrangement enshrining some autonomy fo
Protesters clash with police, chant ‘liberate Hong Kong’ as unrest continues for 10th week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-11
Keywords: news, cnbc, companies, streets, volley, clash, tear, continues, shopping, week, 10th, violent, kong, chant, chinese, response, protests, hong, protesters, unrest, liberate


Protesters clash with police, chant 'liberate Hong Kong' as unrest continues for 10th week

Hong Kong police and protesters clashed in cat-and-mouse encounters across the city on Sunday, marking a shift in tactics during a tenth straight weekend of unrest in the former British colony where many are chafing at Chinese rule.

Seeking to clear streets more quickly than before, police fired tear gas and charged with batons at flashpoints from big shopping boulevards to bar-lined streets and railway stations.

Demonstrators, who at one point lobbed two petrol bombs, retaliated with a flash-mob strategy – withdrawing when pressed, only to re-appear elsewhere relentlessly.

The increasingly violent protests since June have plunged the Asian financial hub into its most serious crisis in decades and are one of the biggest popular challenges to Chinese leader Xi Jinping since he came to power in 2012.

Despite the intense police response and a toughening stance from China, the movement that began two months ago in opposition to a bill allowing extradition to the mainland still seems to enjoy broad support in the city of more than 7 million people.

“We’ve been running all day but we’re not tired,” said Ah Sing, a protester in his 30s, wearing a black vest and surgical mask while he rushed from one protest to another.

“This is our response to Carrie Lam,” he added, referring to the city’s Beijing-backed leader. “If she doesn’t listen to the people and respond to our reasonable demands, we’re going to continue to spread protests across Hong Kong.”

Beijing says criminals and agitators are stirring violence, encouraged by “interfering” foreign powers including Britain.

Hong Kong’s government called the protests “unlawful assemblies” and said a petrol bomb had injured a policeman.

There is “no longer any fixed period of time or fixed locations for these persistent and large-scale illegal and violent acts”, which have deprived ordinary people of the right to carry on their daily lives, a government spokesman said in a statement.

Demonstrators say they are fighting against the erosion of the “one country, two systems” arrangement enshrining some autonomy for Hong Kong when China took it back in 1997.

“Independence for Hong Kong is not viable in the near term,” acknowledged protester Sam, 23, a barrister, while music pumped from cabaret lounges in Wan Chai’s bar district behind him. “But we have to fight for our freedoms and democracy.”

Shortly after, riot police fired volley after volley of tear gas at his makeshift barricade of railings, wood and police cones, forcing protesters to withdraw.

“Why are you hitting my friends? They are teenagers,” politics student Sabrina, 19, cried out after officers went in with batons at crowds in a shopping district at Kowloon.

“Who are you working for? The Communist Party? The Chinese government? How can you sleep at night?”


Company: cnbc, Activity: cnbc, Date: 2019-08-11
Keywords: news, cnbc, companies, streets, volley, clash, tear, continues, shopping, week, 10th, violent, kong, chant, chinese, response, protests, hong, protesters, unrest, liberate


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What Hong Kong’s unrest means for Asia’s largest financial hub

How bonds with negative yields work and why it’s bad for the… Imagine paying a highly educated, market-seasoned master of the financial universe to put your hard-earned cash in an investment that is guaranteed to lose. Marketsread more


How bonds with negative yields work and why it’s bad for the… Imagine paying a highly educated, market-seasoned master of the financial universe to put your hard-earned cash in an investment that is guaranteed to lose. Marketsread more
What Hong Kong’s unrest means for Asia’s largest financial hub Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: brian clark jordan smith, brian clark, jordan smith
Keywords: news, cnbc, companies, yields, marketseasoned, largest, asias, hong, theimagine, hub, work, means, negative, investment, kongs, financial, paying, master, losemarketsread, unrest, universe


What Hong Kong's unrest means for Asia's largest financial hub

How bonds with negative yields work and why it’s bad for the…

Imagine paying a highly educated, market-seasoned master of the financial universe to put your hard-earned cash in an investment that is guaranteed to lose.

Markets

read more


Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: brian clark jordan smith, brian clark, jordan smith
Keywords: news, cnbc, companies, yields, marketseasoned, largest, asias, hong, theimagine, hub, work, means, negative, investment, kongs, financial, paying, master, losemarketsread, unrest, universe


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Bloodshed, unrest and more oil disruption predicted as Nigeria re-elects its president

Nigeria’s President Muhammadu Buhari has won a second term in office after a contentious Nigerian election this weekend, but the opposition are refusing to accept the outcome and a period of uncertainty and unrest is expected to follow. That could impact the OPEC member’s oil production, according to RBC Capital Markets’ Global Head of Commodity Strategy Helima Croft. “Given the premium that the American president places on low oil prices, he will need to hope that Nigeria does not revert to pas


Nigeria’s President Muhammadu Buhari has won a second term in office after a contentious Nigerian election this weekend, but the opposition are refusing to accept the outcome and a period of uncertainty and unrest is expected to follow. That could impact the OPEC member’s oil production, according to RBC Capital Markets’ Global Head of Commodity Strategy Helima Croft. “Given the premium that the American president places on low oil prices, he will need to hope that Nigeria does not revert to pas
Bloodshed, unrest and more oil disruption predicted as Nigeria re-elects its president Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-27  Authors: holly ellyatt, pius utomi ekpei, afp, getty images, kola sulaimon
Keywords: news, cnbc, companies, oil, votes, region, president, refusing, won, bloodshed, weekend, reelects, nigeria, unrest, disruption, rbc, production, predicted, election


Bloodshed, unrest and more oil disruption predicted as Nigeria re-elects its president

Nigeria’s President Muhammadu Buhari has won a second term in office after a contentious Nigerian election this weekend, but the opposition are refusing to accept the outcome and a period of uncertainty and unrest is expected to follow.

That could impact the OPEC member’s oil production, according to RBC Capital Markets’ Global Head of Commodity Strategy Helima Croft.

“With the opposition alleging fraud and refusing to the accept the outcome, the risk of further unrest remains high in the weeks ahead, especially in the restive oil region, which was the scene of some of the worst Election Day unrest,” Croft said in a note Wednesday co-authored with RBC analysts Christopher Louney, Michael Tran and strategist Megan Schippmann.

“If this election does bring a return to militancy in Nigeria’s oil region and major infrastructure attacks, it would be a very material event for the oil market, with two OPEC countries (Venezuela and Iran) under U.S. sanctions and Saudi Arabia continuing to cut production,” they noted.

“Given the premium that the American president places on low oil prices, he will need to hope that Nigeria does not revert to past practice.”

Nigeria’s election last weekend did not run smoothly and was marred by delays, logistical problems, outbreaks of violence and deaths, and allegations of vote rigging.

Buhari, who leads the All Progressives Congress (APC), won the election with almost 15.2 million votes (or 57 percent), the country’s Independent National Electoral Commission (INEC) announced Tuesday evening. Buhari’s nearest rival, Atiku Abubakar, who heads the People’s Democratic Party (PDP), received around 11.2 million votes, or 42 percent.


Company: cnbc, Activity: cnbc, Date: 2019-02-27  Authors: holly ellyatt, pius utomi ekpei, afp, getty images, kola sulaimon
Keywords: news, cnbc, companies, oil, votes, region, president, refusing, won, bloodshed, weekend, reelects, nigeria, unrest, disruption, rbc, production, predicted, election


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US says Americans shouldn’t visit Venezuela

The U.S. State Department says American’s shouldn’t travel to Venezuela, warning of unrest and the threat of being arbitrarily arrested. Tuesday’s announcement raises the travel advisory to its highest level. Venezuela is gripped by escalating political instability as U.S.-backed opposition leader Juan Guaido presses to oust socialist President Nicolas Maduro. The travel advisory warns of the threat of kidnapping, robberies and mass demonstrations occurring with little notice. Opposition leaders


The U.S. State Department says American’s shouldn’t travel to Venezuela, warning of unrest and the threat of being arbitrarily arrested. Tuesday’s announcement raises the travel advisory to its highest level. Venezuela is gripped by escalating political instability as U.S.-backed opposition leader Juan Guaido presses to oust socialist President Nicolas Maduro. The travel advisory warns of the threat of kidnapping, robberies and mass demonstrations occurring with little notice. Opposition leaders
US says Americans shouldn’t visit Venezuela Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: luis robayo, afp, getty images
Keywords: news, cnbc, companies, usbacked, visit, threat, week, advisory, warns, travel, demonstrations, shouldnt, americans, venezuela, unrest, warning


US says Americans shouldn't visit Venezuela

The U.S. State Department says American’s shouldn’t travel to Venezuela, warning of unrest and the threat of being arbitrarily arrested.

Tuesday’s announcement raises the travel advisory to its highest level.

Venezuela is gripped by escalating political instability as U.S.-backed opposition leader Juan Guaido presses to oust socialist President Nicolas Maduro.

Officials have cleared the U.S. embassy in Caracas of everybody but essential staff.

The travel advisory warns of the threat of kidnapping, robberies and mass demonstrations occurring with little notice.

Opposition leaders have called for anti-government demonstrations this week.


Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: luis robayo, afp, getty images
Keywords: news, cnbc, companies, usbacked, visit, threat, week, advisory, warns, travel, demonstrations, shouldnt, americans, venezuela, unrest, warning


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Clashes erupt in Paris as ‘yellow vests’ protest Emmanuel Macron

The latest “yellow vest” marches began peacefully but degenerated in the afternoon as protesters threw missiles at riot police blocking bridges over the Seine. Officers fired tear gas to prevent protesters crossing the river and reaching the National Assembly. Two months after they started blocking roads, occupying highway tollbooths and staging sometimes-violent street protests in Paris, the yellow vests wanted to inject new momentum into a movement that weakened over the holidays. Macron’s gov


The latest “yellow vest” marches began peacefully but degenerated in the afternoon as protesters threw missiles at riot police blocking bridges over the Seine. Officers fired tear gas to prevent protesters crossing the river and reaching the National Assembly. Two months after they started blocking roads, occupying highway tollbooths and staging sometimes-violent street protests in Paris, the yellow vests wanted to inject new momentum into a movement that weakened over the holidays. Macron’s gov
Clashes erupt in Paris as ‘yellow vests’ protest Emmanuel Macron Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-05  Authors: geoffroy van der hasselt, afp, getty images
Keywords: news, cnbc, companies, erupt, emmanuel, protest, set, paris, protesters, unrest, small, clashes, yellow, seen, street, protests, river, vests, macron, week


Clashes erupt in Paris as 'yellow vests' protest Emmanuel Macron

Rioters in Paris torched motorbikes and set barricades ablaze on the upmarket Boulevard Saint Germain on Saturday, as protests against high living costs and the perceived indifference of President Emmanuel Macron turned violent on the fringes.

The latest “yellow vest” marches began peacefully but degenerated in the afternoon as protesters threw missiles at riot police blocking bridges over the Seine.

Officers fired tear gas to prevent protesters crossing the river and reaching the National Assembly. One riverboat restaurant was set ablaze and a policeman was wounded when he was hit by a bicycle hurled from a street above the river bank.

Two months after they started blocking roads, occupying highway tollbooths and staging sometimes-violent street protests in Paris, the yellow vests wanted to inject new momentum into a movement that weakened over the holidays.

Macron’s government, shaken by the unrest, had this week hardened its stance, branding the protesters agitators seeking to overthrow the government.

Driving the unrest is anger, particularly among low-paid workers, over a squeeze on household incomes, and a belief that Macron is deaf to citizens’ needs as he enacts reforms seen as favoring the wealthy.

“They have no right to leave us in the shit like this,” said protester Francois Cordier. “We’re fed up with having to pay out the whole time, we’ve had enough of this slavery, we should be able to live on our salaries.”

Government spokesman Benjamin Griveaux escaped from his office through a back door after a small number of protesters broke into the compound and smashed up vehicles.

Interior Minister Christophe Castaner said about 50,000 people had protested in cities nationwide, including Bordeaux, Toulouse, Rouen and Marseille.

The turnout was higher than last week but a small fraction of the numbers seen in the first weeks of the protests.


Company: cnbc, Activity: cnbc, Date: 2019-01-05  Authors: geoffroy van der hasselt, afp, getty images
Keywords: news, cnbc, companies, erupt, emmanuel, protest, set, paris, protesters, unrest, small, clashes, yellow, seen, street, protests, river, vests, macron, week


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India’s ruling party headed for setbacks in state elections amid farmer unrest

Farmer discontent and weak job growth could hurt the performance of Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party in state elections. That offers a crucial opportunity for the main opposition party, the Indian National Congress, to shine. Five states recently went to the polls to elect representatives to their respective assemblies. Votes will be counted on Tuesday, with special attention on the regions of Madhya Pradesh, Chhattisgarh and Rajasthan. Analysts anticipat


Farmer discontent and weak job growth could hurt the performance of Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party in state elections. That offers a crucial opportunity for the main opposition party, the Indian National Congress, to shine. Five states recently went to the polls to elect representatives to their respective assemblies. Votes will be counted on Tuesday, with special attention on the regions of Madhya Pradesh, Chhattisgarh and Rajasthan. Analysts anticipat
India’s ruling party headed for setbacks in state elections amid farmer unrest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: nyshka chandran, vishal bhatnagar, nurphoto, getty images, -radhika rao, economist at dbs bank
Keywords: news, cnbc, companies, ruling, farmer, serve, state, national, rajasthan, indias, party, elections, opposition, pradesh, unrest, states, studies, headed, indian, amid, setbacks


India's ruling party headed for setbacks in state elections amid farmer unrest

Farmer discontent and weak job growth could hurt the performance of Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party in state elections. That offers a crucial opportunity for the main opposition party, the Indian National Congress, to shine.

Five states recently went to the polls to elect representatives to their respective assemblies. Votes will be counted on Tuesday, with special attention on the regions of Madhya Pradesh, Chhattisgarh and Rajasthan. The three Hindi-speaking areas boast a combined state domestic product of roughly $305 billion and are among the country’s easiest places to do business, according to the World Bank.

Analysts anticipate the outcome in the three states could serve as a preview for the country’s general election in 2019.

“The results of these elections, while not conclusive, may serve as bellwethers for whether the nearly 65 parliamentary seats from the electorally important states of Madhya Pradesh, Rajasthan, and Chhattisgarh will ultimately go to the opposition Indian National Congress party or to the BJP in 2019,” said Kartikeya Singh, deputy director of the Wadhwani Chair in U.S.-India policy studies at the Center for Strategic and International Studies, in a note.


Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: nyshka chandran, vishal bhatnagar, nurphoto, getty images, -radhika rao, economist at dbs bank
Keywords: news, cnbc, companies, ruling, farmer, serve, state, national, rajasthan, indias, party, elections, opposition, pradesh, unrest, states, studies, headed, indian, amid, setbacks


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Italy is no longer Europe’s problem child as France’s protest crisis grows

Italy was firmly in the spotlight — and on Europe’s naughty step — until recent weeks for its budget-busting spending plans but civil unrest in France is now dominating Europe’s attention. Riots, looting and vandalism plagued Paris and other cities at the weekend as France witnessed its fourth consecutive weekend of anti-government demonstrations that have made President Macron’s government look vulnerable. The unrest, coupled with political uncertainty in Europe – seen in Germany as Angela Merk


Italy was firmly in the spotlight — and on Europe’s naughty step — until recent weeks for its budget-busting spending plans but civil unrest in France is now dominating Europe’s attention. Riots, looting and vandalism plagued Paris and other cities at the weekend as France witnessed its fourth consecutive weekend of anti-government demonstrations that have made President Macron’s government look vulnerable. The unrest, coupled with political uncertainty in Europe – seen in Germany as Angela Merk
Italy is no longer Europe’s problem child as France’s protest crisis grows Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: holly ellyatt, andreas solaro, afp, getty images, emeric fohlen, nurphoto
Keywords: news, cnbc, companies, italy, protest, europe, crisis, weekend, longer, grows, child, lot, france, witnessed, unrest, problem, 2019, seen, frances, europes


Italy is no longer Europe's problem child as France's protest crisis grows

Italy was firmly in the spotlight — and on Europe’s naughty step — until recent weeks for its budget-busting spending plans but civil unrest in France is now dominating Europe’s attention.

Riots, looting and vandalism plagued Paris and other cities at the weekend as France witnessed its fourth consecutive weekend of anti-government demonstrations that have made President Macron’s government look vulnerable.

The unrest, coupled with political uncertainty in Europe – seen in Germany as Angela Merkel winds down her leadership and wider Europe ahead of European parliamentary elections in May 2019 – mean that Italy’s controversial 2019 budget should no longer be the main focus of attention in the region.

“Italy’s risks to the market, and even Europe, seems quite limited in the sense that you have a lot of safeguards in place and we’ve already seen a lot of risk-off in Italy,” Christian Mueller-Glissmann, Managing Director, Portfolio Strategy at Goldman Sachs, told CNBC on Monday.


Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: holly ellyatt, andreas solaro, afp, getty images, emeric fohlen, nurphoto
Keywords: news, cnbc, companies, italy, protest, europe, crisis, weekend, longer, grows, child, lot, france, witnessed, unrest, problem, 2019, seen, frances, europes


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