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  • Hong Kong's Cheung Kong

    Superman Li's steady hand boosting stock price

    HONG KONG -- Real estate giant Cheung Kong Holdings' shares have been soaring, thanks in large part to a planned merger and reorganization with group conglomerate Hutchison Whampoa that highlights Chairman Li Ka-shing's acumen. Cheung Kong rose

    February 28, 2015 02:20 am JST
  • Telstra shakeup

    Incoming CEO to lead overseas expansion

    BANGKOK -- The CEO-designate of Telstra, Australia's top telecommunications company, has vowed to speed up its international expansion. David Thodey, the current CEO, surprised investors when he announced his retirement on Feb. 20. Andy Penn, ch

    February 27, 2015 07:00 pm JST
  • Squabbling at the top

    Hong Kong's ATV on the brink

    HONG KONG -- Hong Kong's Asia Television, the oldest station in the greater China region, is on the brink of collapse. The financially-troubled station, commonly known as ATV, is struggling to pay salaries and is under intense pressure before it

    February 27, 2015 07:00 pm JST
  • China visitor cap

    Profit vs. well-being for Hong Kong, Macau

    HONG KONG -- Plans to limit the number of mainland visitors to Hong Kong and Macau are weighing on stocks. Shares of Hong Kong retailers as well as Macau casino operators have been under broad-based selling pressure on the Hong Kong stock market

    February 27, 2015 07:00 pm JST
  • More M&As planned

    Cheung Kong net profit rose 53% in 2014

    HONG KONG -- Hong Kong conglomerate Cheung Kong Holdings on Thursday announced that its net profit for the year ended December 2014 jumped 53% on the year to HK$53.8 billion ($6.93 billion) as a result of listing a group power company on the Hong Ko

    February 27, 2015 04:36 am JST
  • American hospitals ahead, at least in terms of market value

    BANGKOK -- U.S. medical companies are ahead of the pack, at least on the markets. Asian companies such as Malaysia's IHH Healthcare and Bangkok Dusit Medical Services of Thailand also rank high in terms of market capitalization. But American ope

    February 26, 2015 12:00 am JST
  • Business aviation takes off in Asia

    TOKYO/YANGON/GUANGZHOU -- Cross-border business is becoming more commonplace in China and Southeast Asia, a trend which has executives turning to the convenience offered by private jets. To cater for the increased use of individualized business avia

    February 26, 2015 12:00 am JST
  • CEO makes case for more baggage

    HONG KONG -- Samsonite International sees bright prospects for expansion, particularly in Southeast Asia, CEO Ramesh Tainwala said in a recent interview with The Nikkei. The head of the leading luggage maker talked about how his company plans to gro

    February 26, 2015 12:00 am JST
  • Samsonite treads path to recovery

    HONG KONG -- Samsonite International's new focus on Asia has started paying dividends. A brand targeting the region's consumers is enjoying strong sales. Giant posters, featuring the popular South Korean actor Lee Min-ho, fill the walls of subwa

    February 26, 2015 12:00 am JST
  • Hong Kong-listed Chinese companies under attack by short sellers

    HONG KONG -- A tug of war is underway between short-selling funds and Chinese companies listed on the Hong Kong stock exchange. Speculators looking to profit from share price declines raise questions about the financial statements of target comp

    February 26, 2015 12:00 am JST
  • Yoshino, Morgan, Wignaraja: Why Asia needs more financial education

    In the aftermath of the global financial crisis of 2007-2008, financial literacy and financial education are gaining more attention around the world. There were sobering lessons, for example, in how the misselling of financial products contributed d

    February 26, 2015 12:00 am JST
  • Tejraj M. Aminabhavi: Eating our way to a healthier world

    A balanced diet is essential for not only providing energy and nutrients but also preventing disease. Changes in lifestyles and what we eat have greatly influenced human health, resulting in higher risks of noncommunicable diseases such as cancer, d

    February 26, 2015 12:00 am JST
  • Umbrella Movement finds shelter in galleries, online

    HONG KONG -- A common misconception about last year's Umbrella Movement in Hong Kong is that it ended when the police cleared the last protest site on Dec. 15. In reality, the most radical anti-government campaign since the 1967 leftist riots contin

    February 26, 2015 12:00 am JST
  • Biggest shopping season

    Lunar New Year sales turn lackluster in China

    BEIJING -- Retail sales over the weeklong Lunar New Year holidays were rather modest in China, as many people chose to travel abroad. Nationwide retail sales came to 678 billion yuan ($108 billion) for the period, according to the Ministry of Co

    February 25, 2015 03:54 am JST
  • Asian stocks

    Scandal-hit HSBC casts shadow on Hong Kong market

    HONG KONG -- Amid a general upswing in Asian stock markets, Hong Kong shares languished Tuesday, dragged down by a plunge in financial giant HSBC Holdings. The Hang Seng Index dropped 86 points to 24,750, falling for the first time in seven sess

    February 25, 2015 01:33 am JST
  • Chinese eco-car maket

    BYD's stock jumps on electric-vehicle expectations

    HONG KONG -- BYD, the Chinese automaker backed by U.S. billionaire investor Warren Buffett, is getting some love from investors after a dry spell that kicked off when the company's stock price plummeted in December. Earlier this month, BYD annou

    February 24, 2015 07:00 pm JST
  • Shakespeare in Asia

    While audiences love the Bard of Avon, rulers may not be so keen

    TAIPEI -- Four hundred years and 10,000 km lie between the plays of William Shakespeare and contemporary Asia. But playhouse crowds across the region have much in common with their 16th and 17th century English predecessors. They embrace the broodin

    February 23, 2015 07:00 pm JST
  • Bilahari Kausikan

    How history is helping to rebalance Asia

    The U.S., China and Japan are groping toward a new equilibrium in their relationship with each other and with other countries in East Asia. The adjustments underway are complex and psychologically wrenching. Profound interdependence among the U.S.,

    February 23, 2015 07:00 am JST
  • Tempest in a Twitter account

    Shadowy research company makes out Hong Kong's Noble Group to be another Enron

    SINGAPORE -- Last week, an incendiary report titled, "Noble Group, a Repeat of Enron," written by an obscure research company, caused an immense stir in Singapore's stock market, sending the big commodities trader's shares into a tailspin. The r

    February 22, 2015 07:00 am JST
  • Upscale sushi

    Hong Kong chain expanding into Southeast Asia

    TOKYO -- Itamae Sushi of Hong Kong is taking its high-quality, high-priced fare to Southeast Asia, starting this month with its first restaurant in Indonesia. Later this year the company will also push into Malaysia, with plans to open 20 to 30

    February 21, 2015 02:39 am JST