| Israel says envoy's 'GOOD LUCK' to Myanmar for genocide case was a mistake Posted: 28 Nov 2019 04:03 AM PST ![Israel says envoy's 'GOOD LUCK' to Myanmar for genocide case was a mistake]( "Israel says envoy's 'GOOD LUCK' to Myanmar for genocide case was a mistake") The Israeli ambassador was mistaken to have sent a "GOOD LUCK" message to Myanmar ahead of World Court hearings on accusations the state committed genocide against Rohingya Muslims, Israel's foreign ministry said on Thursday. Israel's Haaretz newspaper reported that the ambassador to Myanmar wished authorities good luck in tweets that have since been deleted ahead of the hearings next month at the International Court of Justice (ICJ) in The Hague.
This posting includes an audio/video/photo media file: Download Now |
| New retrial ordered for South Korea ex-leader Park Posted: 27 Nov 2019 09:56 PM PST  South Korea's top court on Thursday ordered a second retrial for disgraced former president Park Geun-hye, seeking heavier punishment for illegally taking money from the country's spy agency. Park, the country's first female president, was impeached in 2017 after huge street protests over a sprawling scandal, and already faces a separate retrial for corruption and abuse of power that could add to her 25-year jail term. Thursday's ruling came after an appeals court reduced Park's sentence by one year to five years in prison in proceedings for pocketing money from the National Intelligence Service.
This posting includes an audio/video/photo media file: Download Now |
| Hong Kong Sets Record in $5 Billion Land Sale Posted: 27 Nov 2019 06:56 PM PST  (Bloomberg) -- Hong Kong's government fetched a record HK$42 billion ($5 billion) for a plot of land, a sale coming in at the lower end of estimates after the financial hub has been rocked by six months of pro-democracy protests.A tender for the site, which sits atop the high-speed railway station in Kowloon that connects to mainland China's urban hubs, was won by Sun Hung Kai Properties Ltd., the city said late Wednesday.The plot is expected to yield 294,000 square meters (3.2 million square feet) of floor area with offices, a luxury hotel as well as retail space. It's adjacent to Hong Kong's tallest building, the International Commerce Centre, also owned by Sun Hung Kai, a firm controlled by the billionaire Kwok family.The price far surpasses the previous land record of $3.2 billion paid for a residential site in Kai Tak in 2018. Analysts had valued the Kowloon plot in a range of $4 billion to $12 billion ahead of the auction."The site will house offices, a hotel and a mall, which will be highly exposed to social movements and the city's economy in the future," said Thomas Lam, an executive director at Knight Frank LLP. "Developers had to consider this when making their offers."Sun Hung Kai is interested in inviting long-term strategic investors in the development of the site, Chairman Raymond Kwok said in a statement. The completion of the project will provide the company with stable and promising rental income, he added.After another land sale failed in September, the deal marks a partial vote of confidence in one of the world's most expensive real estate markets amid unprecedented turmoil and provides authorities with a welcomed financial injection. Demonstrations have crippled the financial hub, driving tourists away, damaging retail trade and hotel occupancy and hurtling the economy into a recession. The city's office market suffered its worst decline in more than a decade last month.But turmoil subsided in the days up to Wednesday's announcement, which also follows a district election over the weekend where pro-democracy candidates scored a landslide victory.CK Asset Holdings Ltd. and a group formed by Chinese Estates Holdings Ltd., Henderson Land Development Co., Lifestyle International Holdings Ltd., Sino Land Co. Ltd. and Wharf Estates Ltd. also submitted bids for the site.(Adds comment from Raymond Kwok in 6th paragraph)To contact the reporter on this story: Shawna Kwan in Hong Kong at wkwan35@bloomberg.netTo contact the editors responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net, Jonas Bergman, Peter VercoeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
 This posting includes an audio/video/photo media file: Download Now |
Aucun commentaire:
Enregistrer un commentaire