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  • Analysts worry A-share MSCI inclusion could hurt South Korean shares

    SEOUL -- Analysts in South Korea are keeping an eye on the benchmark stock index, the Kospi, for signs of a capital outflow following news that MSCI would shave the weighting of local equities in its emerging markets index to make way for China's do

    June 21, 2017 10:26 pm JST
  • China's $24tn private wealth is twice the size of GDP

    HONG KONG -- China's private wealth swelled to 165 trillion yuan ($24 trillion) last year, about twice the size of its gross domestic product and six times the level it was a decade ago, new research showed on Wednesday.The pool of private wealth in

    June 21, 2017 09:40 pm JST
  • South Korean tourists sanction China, opt for Japan

    TOKYO -- More South Koreans are visiting Japan this year as they shun China amid worsening relations between Seoul and Beijing.South Korean visitors to Japan in May surged 85% on the year to 558,900, according to data released Wednesday by the Japan

    June 21, 2017 07:44 pm JST
  • China's stainless steel glut a new headwind for nickel

    TOKYO -- International nickel prices have remained soft in recent months, with the price of the metal for three-month delivery on the London Metal Exchange down 20% to around $8,900 per ton from its most recent high reached in late February.Although

    June 21, 2017 07:29 pm JST
  • Fraser Howie

    Bending of MSCI rules not a sign of China's progress

    On its fourth consideration, MSCI has decided to include Chinese domestic shares in its broadly followed global emerging market index, but no one in China or overseas should really be popping any champagne corks. The proposal passed only because MSC

    June 21, 2017 05:15 pm JST
  • China Vanke shares rise as internal squabbles ebb

    HONG KONG -- Investors welcomed an upcoming change of leadership at China Vanke on Wednesday, hoping that it will end an internal management row that has been going on for some time.In Hong Kong, the Chinese property company's shares rose 0.600 Hong

    June 21, 2017 05:07 pm JST
  • SoftBank's Son says company can lead in a connected future

    TOKYO -- Masayoshi Son, the founder and chief executive of SoftBank Group Corp., on Wednesday said he would remain at the helm of his company for years to come.Son wants to guide the decisions of a recently launched technology investment fund, which

    June 21, 2017 02:59 pm JST
  • Oil slump hits Asian stocks, eclipsing MSCI's A-share inclusion

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan retreated as an overnight slide on Wall Street and drop in global oil prices overshadowed MSCI's decision to include China's domestic shares in its global indexes.The Nikkei Asia300 Index o

    June 21, 2017 02:37 pm JST
  • China makes MSCI breakthrough with Stock Connect boost

    HONG KONG -- China's onshore equity market finally won its way into MSCI's major indices after being rejected for three years.The New York-based index provider said the inclusion, which had "broad support from international institutional investors,"

    June 21, 2017 10:49 am JST
  • MSCI adds China A-shares to key index

    NEW YORK -- Index provider MSCI has decided to incorporate yuan-denominated mainland China shares into its benchmark Emerging Markets Index, a vote of confidence in the Asian powerhouse's efforts to expand global access to its capital markets. MSCI

    June 21, 2017 10:07 am JST
  • MSCI nod on China means up to $3.7bn outflow of South Korea stocks

    SEOUL (Reuters) -- The South Korean share market could see outflows of up to 4.3 trillion won ($3.7 billion) with the MSCI's decision to add China's mainland-listed shares to its global indexes, a senior Korean government official said on Wednesday.

    June 21, 2017 09:31 am JST
  • Ford to import its 'Made in China' compacts to US

    DETROIT/WASHINGTON (Reuters) -- Ford Motor Co said on Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China trade relations despit

    June 21, 2017 07:17 am JST
  • Trump says China tried but failed to help on North Korea

    WASHINGTON (Reuters) -- President Donald Trump said on Tuesday that Chinese efforts to persuade North Korea to rein in its nuclear program have failed, ratcheting up the rhetoric over the death of an American student who had been detained by Pyongya

    June 21, 2017 06:46 am JST
  • Nipro to double output of dialysis filters in China

    OSAKA -- Medical equipment maker Nipro will boost production of filters used in dialysis treatments twofold in China, aiming to tap into the country's growing number of diabetes cases.The cylindrical dialyzer serves as an artificial kidney for patie

    June 21, 2017 05:53 am JST
  • China invites Ivanka Trump, Jared Kushner to visit: US official

    WASHINGTON (Reuters) -- The government of China has invited U.S. President Donald Trump's daughter, Ivanka Trump, and his son-in-law, Jared Kushner, to visit Beijing later this year, a White House official said on Tuesday.China's overture appeared a

    June 21, 2017 03:28 am JST
  • JD.com to grow own vegetables in tie-up with Mitsubishi Chemical

    BEIJING -- Chinese e-commerce heavyweight Jingdong Group and Japan's Mitsubishi Chemical Holdings have joined forces to raise vegetables in high-tech hothouses for fresh deliveries to consumers in China.Jingdong, best known for JD.com, will start a

    June 21, 2017 01:03 am JST
  • Tencent CEO urges economic integration for Hong Kong, China

    HONG KONG -- The CEO of e-commerce heavyweight Tencent Holdings called on Hong Kong and the Chinese mainland to bridge their historical gaps so that a new, unified economic zone can flourish.Pony Ma Huateng spoke here Tuesday at a forum on the futur

    June 21, 2017 12:40 am JST
  • Hong Kong stocks pull back on H-shares as MSCI decision awaited

    HONG KONG (Nikkei Markets) -- Hong Kong shares slipped Tuesday, with Chinese companies listed in the city pacing declines, as investors braced for MSCI's verdict on whether it'll include yuan-denominated mainland shares in its benchmark indexes.The

    June 20, 2017 07:43 pm JST
  • Nicholas Borroz

    US and China can work together in Latin America

    Mexico has alternatives to the U.S., Ildefonso Guajardo, the country's economy minister, made clear in recent comments amid demands by Washington to renegotiate the North American Free Trade Agreement. He suggested his country could shift its trade

    June 20, 2017 06:00 pm JST
  • China stocks slip ahead of MSCI decision, liquidity concerns linger

    SHANGHAI (Reuters) -- China stocks slipped on Tuesday amid lingering concerns over liquidity conditions, even as investors awaited a decision by U.S. index provider MSCI on whether to add mainland shares to its Emerging Markets Index .The blue-chip

    June 20, 2017 05:02 pm JST