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29d06/18

Towngas customers face higher bills as tariffs set to rise 4.4% in August

Towngas customers are facing higher bills as Hong Kong’s largest piped-gas provider will raise tariffs by 4.4 per cent in August, citing higher operating costs, while pledging no further changes over the next two years. The Hong Kong and China Gas Company (Towngas) said on Thursday that the tariff increase would result in about half of its commercial and industrial customers paying no more than HK$320 extra a month. It added that 65 per cent of residential customers would pay at most HK$10 more.

unclassifiedchina · asia
29d06/18

Thinking of moving my 401k to a Bond index.

(50m) This years Bull Market has got me back on track with my 401k, so I want to keep my gains. I'm currently in one of Fidelity's Blended Funds, but I'm considering moving to the FXNAX Bond Fund because this Market can't keep going up forever. Or am I just over thinking it? *Edit - Thanks for the responses, I appreciate the education! Also, I now realize I poorly worded this post. I meant to say I want to this TEMPORARILY for the next year or 2. Sorry, that was probably some important informati

Socialunclassifiedsocial-signal
29d06/18

Is hit indie film Dear You propaganda? Don’t be disrespectful, Chinese media says

Chinese state media and influencers have pushed back on criticism of hit indie movie Dear You, which has been described as a tool to expand Beijing’s influence over the Chinese diaspora. The Chinese media’s counterpunch this week came in the countdown to the movie’s release in Singapore and other Southeast Asian markets on Thursday. The film, which is in the Teochew dialect of Chinese, depicts a young man uncovering his family’s past by tracing remittance letters sent home from Thailand. It...

unclassifiedchina · asia · usa
29d06/18shipping-routes · 2/5

More Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz Reopens

Crude cargo arrivals in Asia from the Middle East could accelerate in the coming weeks as more than 60 million barrels of oil stuck in the Persian Gulf prepare to exit the Strait of Hormuz and head to Asian markets once the chokepoint reopens to traffic. About 62 million barrels of crude oil on nearly three dozen supertankers are expected to make their way to Asia within weeks after the Strait reopens, according to Signal Group data carried by Bloomberg. Asia, which felt the supply shock first a

unclassifiedmiddle-east · russia · usa
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