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  • Macao is under China's full jurisdiction, Xi says

    HONG KONG (Kyodo) -- Chinese President Xi Jinping stressed Saturday China's full jurisdictional control over the special administrative region of Macao as the former Portuguese enclave celebrates its 15th anniversary of return to Chinese rule.

    December 20, 2014 03:56 pm JST
  • Hong Kong corruption

    High Court rules former top civil servant guilty of graft

    HONG KONG -- Rafael Hui Si-yan, Hong Kong's former chief secretary, was found guilty on Dec. 19 of accepting millions of dollars in bribes in a trial that has stunned this city of 7 million and seriously dented its reputation as a clean place to do

    December 19, 2014 09:50 pm JST
  • Tony Tan

    Setting standards for funds passports

    Since August, investors in Malaysia, Singapore and Thailand have been allowed to buy into retail funds offered by fund managers from across ASEAN. Officials are finalizing plans for cross-border fund sales between Hong Kong and mainland China wh

    December 18, 2014 07:00 pm JST
  • Gambling in Macau

    Regulator sanguine about industry outlook

    Manuel Joaquim das Neves, director of Macau's Gaming Inspection and Coordination Bureau, has been in charge of regulating the industry since its liberalization in 2002. He discussed what lies ahead for the gaming sector in a recent interview.Q: Maca

    December 18, 2014 01:00 pm JST
  • Macau's future

    City in somber mood on 15th anniversary of handover

    HONG KONG -- Chinese President Xi Jinping will be in Macau on Dec. 20 for the 15th anniversary of the territory's return to the motherland. There will be a red-carpet welcome and endless photo calls with local grandees. But quite a few of them proba

    December 18, 2014 01:00 pm JST
  • Frederic Neumann: Asia does not have a dollar problem

    After a few false starts in recent years, the greenback is embarking on a relentless climb. Major swings in exchange rates force investors to reassess their positions, not just tactically but strategically. Global finance is thus in for a turbul

    December 18, 2014 12:00 am JST
  • Official sanguine about Macau's gambling outlook

    Manuel das Neves, director of Macau's Gaming Inspection and Coordination Bureau, has been in charge of regulating the industry since its liberalization in 2002. He discussed what lies ahead for the gaming sector in a recent interview.Q: Macau's gami

    December 18, 2014 12:00 am JST
  • Macau in somber mood on 15th anniversary of handover

    HONG KONG -- Chinese President Xi Jinping will be in Macau on Dec. 20 for the 15th anniversary of the territory's return to the motherland. There will be a red-carpet welcome and endless photo calls with local grandees. But quite a few of them proba

    December 18, 2014 12:00 am JST
  • Curtain falls, but no happy ending for Hong Kong occupiers

    HONG KONG -- Law enforcement officers dispersed the last of the pro-democracy encampments last week, bringing to a close a 79-day protest that failed to extract concessions from the Hong Kong government or Beijing. The Hong Kong authorities will

    December 18, 2014 12:00 am JST
  • Hong Kong stocks

    Mainland-based issues help limit Tuesday plunge

    HONG KONG -- Stocks in Hong Kong fell Tuesday to a seven-month low amid a sell-off across Asia, but shares of mainland companies traded here saw a much smaller retreat thanks to their relative immunity to external factors. The benchmark Hang Sen

    December 17, 2014 01:11 am JST
  • Richard Li chips in $50 million

    Nova Founders bets on online financial services

    Nova Founders Capital, a two-year-old investment fund set up by three veterans of Germany's Rocket Internet, is looking to shake up Asia's stodgy financial services. Mads Faurholt-Jorgensen, Raphael Strauch and Stefan Bruunthat cut their teeth a

    December 16, 2014 07:00 pm JST
  • H.K. police clear last occupation site, organizers remain defiant

    HONG KONG (Kyodo) -- Student leaders who led a marathon occupation campaign to press for "true universal suffrage" in the upcoming leadership and legislature elections said Monday another round of civil disobedience is imminent next year, while poli

    December 15, 2014 08:03 pm JST
  • UN talks agree building blocks for new-style climate deal in 2015

    LIMA (Reuters) -- About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures. Under the de

    December 14, 2014 06:18 pm JST
  • Asia-Pacific cities

    Tokyo tops poll in sightseeing, food culture

    TOKYO -- Japan's capital came in No. 1 among eight major Asia-Pacific cities in 10 categories, including sightseeing and food culture, in a survey this summer by Constituency Management Group, a U.S. public relations consultancy better known as Webe

    December 12, 2014 01:30 pm JST
  • The Umbrella Movement folds

    Beijing feared democratic domino effect

    BEIJING -- Hong Kong youths bent on protecting their enclave of freedom in China put themselves on a collision course with a Communist Party leadership that demands obedience to centralized authority. Born around 1997, when Hong Kong reverted to

    December 12, 2014 06:14 am JST
  • Hong Kong protests

    Curtain falls, but no happy end for demonstrators

    HONG KONG -- Law enforcement officers dispersed the biggest encampment of pro-democracy demonstrators Thursday, essentially bringing to a close a 75-day protest that failed to extract concessions from the Hong Kong government or in Beijing. Poli

    December 12, 2014 05:01 am JST
  • Japanese chains expand

    Barbers, shoe repairers, dry cleaners gain ground in Asia

    TOKYO -- For a long time, Japanese retail and restaurant chains have established their presence in other Asian countries. But expanding overseas has been more challenging for other chains such as barbers, shoe repairers and dry cleaners. Now, s

    December 11, 2014 07:00 pm JST
  • Hong Kong stocks

    Investors on guard over bad Chinese loans

    HONG KONG -- The Hong Kong Hang Seng Index bounced back only slightly Wednesday despite a big jump in the Shanghai bourse, as investors became disheartened by Chinese indicators showing lackluster growth for November. There was also some soberin

    December 11, 2014 01:45 am JST
  • Chinese real estate

    Dalian Wanda Commercial to debut on Hong Kong stock market

    HONG KONG -- The real estate unit of Dalian Wanda Group, China's largest commercial property company, will list its shares in Hong Kong on Dec. 23 in an offering that is expected to raise up to 30 billion Hong Kong dollars ($3.9 billion). The in

    December 10, 2014 03:06 am JST
  • Shanghai stocks plunge

    Sell-off taken in stride, but more bumps may lie ahead

    HONG KONG -- The Shanghai Composite Index tumbled 5.4% to 2,856 Tuesday after climbing to its highest level in more than three and a half years the previous session. The sell-off came as no surprise to many, given the buildup of investors lookin

    December 10, 2014 02:08 am JST