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  • China's big property stocks stand to gain from industry shakeout

    HONG KONG -- Lifted by real estate and financial shares, the Hang Seng Index bounced back Tuesday after three straight sessions of declines to mark a new year-to-date high. Mainland Chinese real estate firms trading on the Hong Kong bourse logge

    July 23, 2014 12:42 am JST
  • Li & Fung hopes brand business spinoff strengthens its trading empire

    HONG KONG -- Li & Fung, a leading supplier of consumer goods based in Hong Kong, has spun off its brand management unit and taken it public in the Chinese territory. Global Brands Group Holding, the newly listed entity, has licenses to hundreds

    July 22, 2014 01:00 pm JST
  • Forbes to sell majority stake to group of international investors

    NEW YORK (Dow Jones) -- The Forbes family is giving up control of the business magazine which bears its name, striking a deal to sell a majority stake in Forbes Media LLC to a Hong Kong investor group for more than $300 million, according to people

    July 19, 2014 08:50 pm JST
  • Budget carrier Peach aiming to take off from Naha

    OSAKA -- Peach Aviation is building up Okinawa's Naha Airport as a second hub, looking to use it as a foothold to return to a growth track after setbacks from a pilot pinch. The Japanese low-cost carrier will begin service Saturday between Naha

    July 19, 2014 01:14 am JST
  • Japan's BBIX to set up Internet exchanges in Hong Kong, Singapore

    TOKYO -- BBIX will start offering Internet exchange services in Hong Kong and Singapore next month, aiming to reduce costs and lag time as the advent of smartphones causes network traffic to swell. Internet exchanges allow different Internet ser

    July 18, 2014 12:55 am JST
  • George Magnus: Asia looks vulnerable as Fed prepares to change its tune

    Asia-Pacific equity markets have recovered by about 8% from their nadir in February, according to the MSCI Emerging Markets Asia Index. That mirrors a global trend in which equity markets have risen strongly, especially in the U.S., while bond yield

    July 17, 2014 12:00 am JST
  • Gregory Poling: Asia's democratic growing pains

    Asia analysts have spent a considerable amount of time wringing their hands over the perceived retreat of democracy and its institutions in the region. Contested elections in Cambodia and Malaysia in 2013 fed this sense of gloom, and Thailand's mili

    July 17, 2014 12:00 am JST
  • Occupy Central roils Hong Kong markets

    HONG KONG -- Growing tensions in Hong Kong over efforts by activists to broaden the territory's democratic freedoms are rattling financial markets. The pro-democracy camp has hinted at holding an "Occupy Central with Love and Peace" protest in J

    July 17, 2014 12:00 am JST
  • Hong Kong election debate centers on direct nominations

    HONG KONG -- A report released by the Hong Kong government Tuesday advocated the direct election of the chief executive in 2017, but took a more negative view of petition-based nominations, a reform demanded by pro-democracy activists. Chief Exe

    July 16, 2014 04:51 am JST
  • Chinese telecom trio planning infrastructure venture

    HONG KONG -- Three major Chinese state-owned telecom companies have agreed to form a business for jointly preparing communications infrastructure. The new company will be capitalized at around 10 billion yuan ($1.61 billion), according to docume

    July 15, 2014 01:39 am JST
  • Hong Kong company offering Docomo's Japanese-translation app

    HONG KONG -- Hong Kong residents visiting Japan this summer will have an easier, more enjoyable time if they subscribe to 3 Hong Kong, the mobile telecom service operated by Hutchison Telecommunications Hong Kong Holdings. The company is offerin

    July 12, 2014 02:23 am JST
  • Singapore Post enters Hong Kong self-storage market

    SINGAPORE -- National postal service provider Singapore Post (SingPost) announced on Thursday its entry into Hong Kong's self-storage market with an agreement to acquire The Store House in totality for a considered cash sum of up to 75 million Hong

    July 11, 2014 07:55 pm JST
  • Shanghai KFC automates amid labor shortage

    SHANGHAI -- A Kentucky Fried Chicken outlet in Shanghai's Metro City commercial complex in China serves customers through an automatic order-taking machine. The system, implemented on an experimental basis, has been well-received as it cuts down on

    July 11, 2014 07:00 pm JST
  • George Magnus: Asia looks vulnerable as Fed prepares to change its tune

    Asia-Pacific equity markets have recovered by about 8% from their nadir in February, according to the MSCI Emerging Markets Asia Index. That mirrors a global trend in which equity markets have risen strongly, especially in the U.S., while bond yield

    July 10, 2014 01:00 pm JST
  • Hong Kong banks exposed to China

    HONG KONG -- Fears that Chinese economic turbulence could hit Hong Kong banks are rising because of the surge in lending to the mainland in recent years. Warnings issued by major ratings agencies about Hong Kong's banking system have also cast a sha

    July 10, 2014 12:00 am JST
  • Hong Kong rethinking its 'one share, one vote' principle

    HONG KONG -- Regulators here rejected Alibaba Group Holding's application to list on the stock exchange, arguing that the Internet giant's governance structure violates Hong Kong's strict "one share, one vote" rule. But with the e-commerce company n

    July 10, 2014 12:00 am JST
  • Massive Hong Kong rally represents growing dissatisfaction with Beijing

    HONG KONG -- Suffocating heat and rising political tension point to a long, hot summer in Hong Kong. In the week following a large protest reported around the world, police made fresh arrests of protest organizers, and lawmakers raised havoc in

    July 10, 2014 12:00 am JST
  • Soccer diplomacy leads to a win-win

    SAO PAULO/MACAU -- The Brazilian city of Porto Feliz, around an hour's drive from Sao Paulo, has one of Brazil's largest soccer training centers. Honduras used the facility, built on a 156,000-sq.-meter site and equipped with five pitches, for train

    July 10, 2014 12:00 am JST
  • Singapore Exchange's new liquidity hub in Hong Kong

    SINGAPORE -- Singapore Exchange Derivatives Trading (SGX-DT) opened a branch in Hong Kong Tuesday after gaining an automated trading services license. A direct trading facility, or "liquidity hub," was also established connecting SGX with the d

    July 9, 2014 09:15 pm JST
  • China may be behind $40 billion Nicaragua canal project

    SAO PAULO -- A Nicaraguan plan to build a canal that would link the Pacific and Atlantic oceans is slowly getting off the drawing board and into reality. Construction is set to begin as early as later this year, with a view to having the waterway be

    July 9, 2014 04:00 pm JST