News Snapshot:
Taiwan says Hong Kong tycoon asset freeze a warning to global investors 1:53 AM TAIPEI (Reuters) – Taiwan warned on Saturday that Hong Kong’s decision to freeze assets belonging to jailed media tycoon Jimmy Lai was a sign to the international community that doing business in the Chinese-controlled city was becoming increasingly risky. The asset freeze, announced on Friday, includes all shares in his company, Next Digital – the first time a listed firm has been target by national security laws in the financial hub. Shortly before the announcement, the Taiwan arm of Lai’s popular Apple Daily said it would...
