Selasa, 26 Mei 2020

Trump furious as Twitter adds fact-check warning to his tweets - South China Morning Post

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  1. Trump furious as Twitter adds fact-check warning to his tweets  South China Morning Post
  2. Twitter places fact-check notification on Trump tweet about mail-in ballots  CNA
  3. Twitter tags Trump tweet with fact-checking warning  BBC News
  4. Twitter Must Cleanse the Trump Stain  The New York Times
  5. Trump is spreading a murder conspiracy to the horror of a widower. Jack Dorsey's stance will cost him  The Independent
  6. View Full coverage on Google News

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2020-05-26 23:18:39Z
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Hong Kong 'hard to see' as finance hub if China takes over: US - CNA

WASHINGTON, DC: President Donald Trump said on Tuesday (May 26) he will give a "very interesting" response within days to China's threat to tighten control over Hong Kong, but he was vague on what to expect.

The United States has spoken out strongly against Beijing's plan for tightening its grip on the semi-autonomous territory.

Asked if he was considering sanctions against China or restrictions on visas for Chinese students, Trump said that was a "very important question" and that he would do something "you'll find very interesting."

"It's something you're going to be hearing about over the next, before the end of the week. Very powerfully, I think," he said, without giving more detail.

Asked about a bill in Congress that would lay out sanctions against Chinese officials due to human rights abuses against the Uighur ethnic minority, Trump said, "We're taking a look at it very strongly ... I'll be looking at it this afternoon."

Earlier, Trump spokeswoman Kayleigh McEnany said the president told her he feels that Hong Kong's status as a global finance centre, alongside London and New York, was in danger.

She said Trump felt that it's "hard to see how Hong Kong can remain a financial hub if China takes over."

Beijing wants to enact legislation banning secession, subversion, terrorism and foreign interference in Hong Kong after months of massive, often violent pro-democracy protests last year.

Activists in Hong Kong warn the clampdown would effectively mean an end to the former British colony's special status, enjoying elections, a free press and other liberties absent in mainland China.

The announcement of plans for the new law - which will be written by Beijing and bypass Hong Kong's legislature - sparked the biggest drop on the city's stock exchange in five years on Friday.

Hong Kong's chief executive, Carrie Lam, said on Tuesday that essential freedoms would remain.

READ: Security laws will not affect Hong Kong's rights and freedoms, says leader Carrie Lam

She argues that the controversial law would "only target a handful of lawbreakers." However, she would not be drawn on what actions and opinions would be deemed illegal.

The commander of China's military garrison in Hong Kong warned the law would "punish any acts of separatism."

"Garrison officers have the determination, faith and capacity to defend national sovereignty," Chen Daoxiang told state-run CCTV.

But Lam said fears the city's business-friendly freedoms were at risk were "totally groundless".

"Hong Kong's freedoms will be preserved and Hong Kong's vibrancy and the core values in terms of the rule of law, the independence of the judiciary, the various rights and freedoms enjoyed by people, will continue to be there," Lam told reporters.

The proposed law, she added, "only targets a handful of law-breakers ... it protects the vast majority of law-abiding, peace-loving residents."

MAINLAND AGENTS?

Hong Kong was upended last year by seven months of huge pro-democracy protests, fueled by years of rising fears that Beijing is chipping away at the city's freedoms.

Millions took to the streets for rallies that routinely ended with clashes between riot police and smaller groups of militant protesters wielding petrol bombs.

READ: Thousands protest in Hong Kong over China security law proposal

Beijing portrays the protests as a foreign-backed plot. Protesters say their rallies are the only way to voice opposition in a city with no universal suffrage.

Thousands protested on Sunday after the security law announcement and were dispersed by tear gas and water cannon in the worst clashes in months.

The precise wording of the security law has yet to be revealed but China's rubber-stamp parliament previewed initial details last week.

It is expected to approve a draft of the law on Thursday and analysts say it could be implemented in the summer.

One concern is a provision allowing Chinese security agents to operate in Hong Kong, with fears it could spark a crackdown on those voicing dissent against Beijing.

Subversion laws are routinely wielded against critics on the mainland.

ANTHEM LAW

Asked by a reporter whether mainland officials could arrest protesters in Hong Kong, Lam dismissed the question as "your imagination".

She said anti-government protests would continue to be allowed "if it is done in a legal way", but she did not elaborate on what views would be considered illegal under the new law.

A common chant at protests over the last year has been "Free Hong Kong, revolution of our times", a cry that encapsulates frustration with Beijing's rule since the city's 1997 handover by Britain.

Activists fear such calls might be considered illegal given the broad definition of subversion.

In an interview with AFP on Tuesday, Elsie Leung, a former secretary for justice, said activities seeking to undermine the local government might be covered by the law.

"I don't think chanting of the slogan itself is so important, but when chanting of slogans (is) coupled with other behavior, that might well amount to subversion of Hong Kong's government," she said.

Further protests are expected despite anti-coronavirus measures banning large public gatherings.

On Wednesday Hong Kong's legislature will debate a bill banning insults to China's national anthem.

Police have ringed the building - which was ransacked by protesters last year - with water-filled barriers ahead of the debate.

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2020-05-26 20:29:56Z
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Hong Kong 'hard to see' as finance hub if China takes over: US - CNA

WASHINGTON, DC: US President Donald Trump on Tuesday (May 26) warned that Hong Kong could lose its status as a global financial centre if a proposed Chinese crackdown goes ahead, as the territory's leader tried to reassure nervous investors.

It's "hard to see how Hong Kong can remain a financial hub if China takes over," White House press secretary Kayleigh McEnany told a briefing, saying this warning came directly from Trump.

"He's displeased with China's efforts," she said.

Trump was voicing fears expressed by many Hong Kongers, business groups and Western nations about the proposed Chinese legislation clamping down on the semi-autonomous territory.

Critics fear the law could be a death blow to the city's treasured liberties, which are crucial to making it an international financial centre on a par with New York and London.

The announcement of plans for the new law - which will be written by Beijing and bypass Hong Kong's legislature - sparked the biggest drop on the city's stock exchange in five years on Friday.

The legislation would ban secession, subversion, terrorism and foreign interference after months of massive, often-violent pro-democracy protests last year.

Hong Kong's chief executive, Carrie Lam, said on Tuesday that essential freedoms would remain.

READ: Security laws will not affect Hong Kong's rights and freedoms, says leader Carrie Lam

She argues that the controversial law would "only target a handful of lawbreakers." However, she would not be drawn on what actions and opinions would be deemed illegal.

The commander of China's military garrison in Hong Kong warned the law would "punish any acts of separatism."

"Garrison officers have the determination, faith and capacity to defend national sovereignty," Chen Daoxiang told state-run CCTV.

But Lam said fears the city's business-friendly freedoms were at risk were "totally groundless".

"Hong Kong's freedoms will be preserved and Hong Kong's vibrancy and the core values in terms of the rule of law, the independence of the judiciary, the various rights and freedoms enjoyed by people, will continue to be there," Lam told reporters.

The proposed law, she added, "only targets a handful of law-breakers ... it protects the vast majority of law-abiding, peace-loving residents."

MAINLAND AGENTS?

Hong Kong was upended last year by seven months of huge pro-democracy protests, fueled by years of rising fears that Beijing is chipping away at the city's freedoms.

Millions took to the streets for rallies that routinely ended with clashes between riot police and smaller groups of militant protesters wielding petrol bombs.

READ: Thousands protest in Hong Kong over China security law proposal

Beijing portrays the protests as a foreign-backed plot. Protesters say their rallies are the only way to voice opposition in a city with no universal suffrage.

Thousands protested on Sunday after the security law announcement and were dispersed by tear gas and water cannon in the worst clashes in months.

The precise wording of the security law has yet to be revealed but China's rubber-stamp parliament previewed initial details last week.

It is expected to approve a draft of the law on Thursday and analysts say it could be implemented in the summer.

One concern is a provision allowing Chinese security agents to operate in Hong Kong, with fears it could spark a crackdown on those voicing dissent against Beijing.

Subversion laws are routinely wielded against critics on the mainland.

ANTHEM LAW

Asked by a reporter whether mainland officials could arrest protesters in Hong Kong, Lam dismissed the question as "your imagination".

She said anti-government protests would continue to be allowed "if it is done in a legal way", but she did not elaborate on what views would be considered illegal under the new law.

A common chant at protests over the last year has been "Free Hong Kong, revolution of our times", a cry that encapsulates frustration with Beijing's rule since the city's 1997 handover by Britain.

Activists fear such calls might be considered illegal given the broad definition of subversion.

In an interview with AFP on Tuesday, Elsie Leung, a former secretary for justice, said activities seeking to undermine the local government might be covered by the law.

"I don't think chanting of the slogan itself is so important, but when chanting of slogans (is) coupled with other behavior, that might well amount to subversion of Hong Kong's government," she said.

Further protests are expected despite anti-coronavirus measures banning large public gatherings.

On Wednesday Hong Kong's legislature will debate a bill banning insults to China's national anthem.

Police have ringed the building - which was ransacked by protesters last year - with water-filled barriers ahead of the debate.

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2020-05-26 19:30:17Z
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Macau gambling king Stanley Ho dies aged 98, East Asia News & Top Stories - The Straits Times

HONG KONG (BLOOMBERG) - Mr Stanley Ho, a one-time kerosene trader who built a casino empire in Macau that propelled the Chinese island past Las Vegas as the world’s biggest gambling hub, has died at age 98, local media reported. 

Known as the King of Gambling, Mr Ho dominated gaming in the former Portuguese colony after winning a monopoly licence in 1961.

His SJM Holdings flourished as China’s economic opening created a flood of new wealth in a country with a passion for gambling. SJM now controls 20 casinos on an island of about 26 sq km. 

Mr Ho’s rise transformed Macau from a commercial backwater into the “Las Vegas of Asia” by exploiting its big advantage over the rest of China – casinos were legal.

As his fortune swelled, he expanded beyond the island, building residential and office buildings in Hong Kong.

In 1984, he won a licence to operate a casino in Portugal and spent US$30 million to open the Casino Pyongyang in North Korea in 2000. 

Mr  Ho’s Macau monopoly expired in 2001, two years after China regained control of the island from Portugal. China then granted licences to competitors, including Mr Sheldon Adelson’s Las Vegas Sands and Wynn Resorts.

Rather than hurting Mr Ho, the increased competition, coupled with China’s booming economy, accelerated Macau’s growth into the world’s biggest gaming hub and Mr Ho’s fortunes ballooned. 

The city’s gaming revenue has become a barometer of the economy of China, where two-thirds of its gamblers are from.

While casino takings have usually grown with China’s GDP, it plummeted in 2014 when China launched an anti-corruption campaign and again in 2020, after the coronavirus pandemic triggered a 97 per cent drop in revenue as Chinese gamblers were prevented from travel into the enclave. 


Mr Stanley Ho at the opening of his new casino in Macau on April 19, 2006. PHOTO: AFP


Mr Stanley Ho at the Macau Ferry Terminal, where his latest in a fleet of jetfoils from his Hong Kong flagship company Shun Tak Holdings is berthed in the background. PHOTO: REUTERS


Mr Stanley Ho during an event in Macau on April 10, 2006. PHOTO: REUTERS

Mr Ho fathered 17 children with four women and when he retired around mid-2018, he passed some of the top roles at SJM to his heirs.

Ms Daisy Ho, his daughter, became chairman and executive director.

Ms Angela Leong, SJM’s second-largest shareholder whom Mr Ho referred to as his fourth wife, became co-chairman with another executive director. 

Still, the succession reopened long-simmering family rivalries.


Family members of Mr Stanley Ho speak to the media in Hong Kong on May 26, 2020. PHOTO: REUTERS


Mr Stanley Ho with Ms Angela Leong, whom Mr Ho referred to as his fourth wife, in Hong Kong on June 23, 2008. PHOTO: EPA-EFE


Mr Stanley Ho with his first wife Clementina Leitao, who died in 2004 at the age of 80. PHOTO: APPLE DAILY

In January 2019, Pansy, his eldest daughter with his second wife, joined forces with some siblings in an alliance that holds sway over a controlling stake in SJM, giving her the upper hand over Ms Leong in the fight for the jewel in the crown of Mr Ho’s US$14.9 billion(S$21 billion)  empire.

Pansy, one of Hong Kong’s richest people, is also executive chairman of Shun Tak Holdings, which runs most of the ferries between Hong Kong and Macau.

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2020-05-26 11:17:54Z
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Macau casino magnate Stanley Ho dies aged 98 - South China Morning Post

Stanley Ho, chairman of Shun Tak Holdings, taking the controls of the Barca, one of the foilcats (high-speed ferries) launched by Far East Hydrofoils, a subsidiary of Shun Tak Holdings, for the Hong Kong-Macau route, on November 20, 1995. Photo: SCMP

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2020-05-26 07:34:43Z
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Senin, 25 Mei 2020

Macau casino tycoon Stanley Ho dies at 98 - CNA

HONG KONG: Macau casino king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday (May 26) at the age of 98, state broadcaster China Central Television reported.

Known as the "godfather" of Macau casinos, the billionaire was instrumental in turning Macau into a gambling boomtown, with gaming revenue surpassing Las Vegas.

The flamboyant tycoon, who loved to dance but advised his nearest and dearest to shun gambling, headed one of the world's most lucrative gaming businesses through his flagship firm, SJM Holdings Ltd, valued at about US$6 billion.

Shares of the companies in the family empire surged after the news of Ho's death. SJM rose as much as 8.5%, passenger transport firm Shun Tak Holdings Ltd jumped 17.6% and casino operator Melco climbed 4.9%, outpacing a 2% gain for the benchmark index .

Born in Hong Kong, Ho had four wives and 17 children, and was forced to restructure his business after a legal battle erupted within the family in 2012 over his fortune.

In 2017, Ho stepped down as chairman from his Hong Kong-based conglomerate Shun Tak Holdings with his daughter Pansy Ho succeeding him.

He stepped down from his flagship casino empire SJM Holdings in 2018, and handed over the reins to another daughter Daisy Ho.

His privately held company, Sociedade de Turismo e Diversões de Macau, or STDM, has stakes in everything from luxury hotels to helicopters and horse racing.

Ho spearheaded what is known in Macau as the junket VIP system, whereby middlemen act on behalf of casinos by extending credit to gamblers and taking responsibility for collecting debts.

Some of Ho's children have become successful gaming operators in their own right. Daughter Pansy is the co-chairperson of MGM Resorts' Macau unit while son Lawrence runs Melco Resorts & Entertainment.

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2020-05-26 06:02:47Z
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China’s Hong Kong garrison ‘ready to safeguard national security’ - South China Morning Post

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  1. China’s Hong Kong garrison ‘ready to safeguard national security’  South China Morning Post
  2. Security laws will not affect Hong Kong's rights and freedoms, says leader Carrie Lam  CNA
  3. Britain urged to let BN(O) passport holders become citizens  Yahoo Singapore News
  4. NST Leader: One country, two systems  New Straits Times
  5. Hong Kong's leader Carrie Lam says security laws will not affect city's rights and freedoms  The Straits Times
  6. View Full coverage on Google News

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2020-05-26 04:06:37Z
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