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  • Tencent, Shenhua jump as Hong Kong shares rise for third day

    HONG KONG (NewsRise) -- Hong Kong shares headed for a third straight day of gains as expectations of earnings growth from Tencent Holdings and a special dividend from China Shenhua Energy helped fuel strong inflows from mainland investors.The Hang S

    March 20, 2017 02:39 pm JST
  • Thomas Wright

    Trump takes allies back to 19th century global order

    The administration of U.S. President Donald Trump poses a unique and difficult challenge for Washington's democratic allies because of its "America First" foreign policy and cavalier treatment of leaders around the world.For more than 70 years, the

    March 20, 2017 02:00 pm JST
  • Asia stocks mixed, dollar slips as Fed continues to weigh

    SINGAPORE (Reuters) -- Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued

    March 20, 2017 01:07 pm JST
  • China up close

    China's Xi maneuvers to extend his reign

    BEIJING -- In any large organization, the top leader's influence can erode if an heir apparent emerges. The Chinese Communist Party is no exception, but Xi Jinping is now fighting to avoid that fate.The 63-year-old Chinese president, who also heads

    March 20, 2017 12:40 pm JST
  • Tillerson ends China trip with warm words from President Xi

    BEIJING (Reuters) -- With warm words from Chinese President Xi Jinping on Sunday, U.S. Secretary of State Rex Tillerson ended his first trip to Asia since taking office with an agreement to work together with China on North Korea and putting aside t

    March 19, 2017 03:15 pm JST
  • Tillerson says Trump looks forward to enhancing understanding with China

    BEIJING (Reuters) -- U.S. Secretary of State Rex Tillerson told Chinese President Xi Jinping on Sunday that President Donald Trump looks forward to enhancing understanding with China and the opportunity for a visit in the future.Xi said he was glad

    March 19, 2017 01:00 pm JST
  • Chinese Premier Li to visit New Zealand, Australia

    SYDNEY (Reuters) -- Chinese Premier Li Keqiang will travel to New Zealand for talks with government and business leaders next week, New Zealand Prime Minister Bill English announced on Sunday.Li's visit comes as international attention centres on Ch

    March 19, 2017 11:53 am JST
  • Tillerson agrees with China tensions over N. Korea now very high

    BEIJING (Kyodo) -- U.S. Secretary of State Rex Tillerson said Saturday he agreed with China that tensions over North Korea are now very high, although sharp differences remain between Washington and Beijing over how best to rein in an increasingly a

    March 19, 2017 02:04 am JST
  • Apple CEO Tim Cook calls for more global trade with China

    BEIJING (Reuters) -- Apple Chief Executive Tim Cook expressed support for globalisation and said China should continue to open its economy to foreign firms, while speaking at a forum in Beijing on Saturday."I think it's important that China continue

    March 18, 2017 08:34 pm JST
  • Apple says to add two more R&D centres in China

    HONG KONG (Reuters) - Apple will set up two new research and development centres in Shanghai and Suzhou in China, it said in a statement in its Chinese website on Friday.Apple said it is adding the two new locations after the two previously announce

    March 18, 2017 01:01 pm JST
  • Tillerson doubles down on support for THAAD missile shield

    SEOUL -- By stressing the importance of a new U.S. missile shield to be deployed in South Korea, Secretary of State Rex Tillerson sent a message Friday to the system's critics in the South as well as a disgruntled China about Washington's commitment

    March 18, 2017 06:20 am JST
  • Chinese capital controls hit Japanese corporations

    SHANGHAI -- As China bolsters efforts to slow massive capital flight that topped $300 billion last year, Japanese companies operating in the country face disruptions, with even routine transactions blocked.Where's the money?Asahi Group Holdings sold

    March 18, 2017 05:50 am JST
  • Regulator clears Muji operator of Chinese import fraud claim

    SHANGHAI -- The city's food safety agency found no evidence that Muji retail chain operator Ryohin Keikaku imported food produced in areas of Japan subject to a Chinese ban, discrediting claims made on a popular state television program."No products

    March 18, 2017 12:30 am JST
  • Hong Kong luxury retailer flags turnaround signs

    HONG KONG -- Spring might have come for Emperor Watch and Jewellery, as the Hong Kong-based luxury retailer reported a surprise turnaround in second-half profits following steep rental cuts and the return of mainland Chinese tourists to the territor

    March 17, 2017 08:47 pm JST
  • Hong Kong stocks clinch best week in six months after Fed

    HONG KONG (NewsRise) -- Hong Kong shares posted their steepest weekly advance since September as the Federal Reserve's members chose not to signal faster interest-rate increases and flows from mainland investors accelerated.The Hang Seng Index ended

    March 17, 2017 07:23 pm JST
  • Japan's energy future hinges on diplomatic prowess

    TOKYO -- After Japan's Economy, Trade and Industry Minister Hiroshige Seko met with Sultan Ahmed al Jaber, the United Arab Emirates' state minister and CEO of Abu Dhabi National Oil, in January in the emirate, he breathed a big sigh of relief. The U

    March 17, 2017 05:30 pm JST
  • Dollars do not lie -- the true picture of China's growth

    BEIJING -- When Chinese President Xi Jinping attended a meeting of representatives from Liaoning Province at the recent National People's Congress, he made it clear in no uncertain terms that a return to the provincial government's practice of paddi

    March 17, 2017 03:05 pm JST
  • China flows help Hong Kong shares extend gains

    HONG KONG (NewsRise) -- Hong Kong stocks extended gains from 19-month highs on upbeat investor sentiment after the U.S. Federal Reserve maintained its outlook for gradual rate increases and buoyant flows from across the Chinese border.The Hang Seng

    March 17, 2017 02:56 pm JST
  • Interview

    New Hope Group has $1bn for Belt and Road countries

    BEIJING -- New Hope Group has unveiled plans to focus its overseas investments in countries that will benefit from China's Belt and Road Initiative, meant to link the world's second-biggest economy to Europe and Africa by land and sea.The developmen

    March 17, 2017 01:00 pm JST
  • China's yield-strapped investors spark peer-to-peer explosion

    SHANGHAI -- Peer-to-peer lending is surging in China as conventional financial products lose their appeal -- creating new opportunities and substantial risks for yield-hungry retail investors.Outstanding peer-to-peer loans -- funds lent by one indiv

    March 17, 2017 12:22 pm JST