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  • Humphrey Hawksley: China's choice over Hong Kong is contagion or compromise

    Beijing has delivered a dose of reality to its citizens in Hong Kong with its recent announcement on how the territory's next leader, known as the chief executive, will be appointed. Its restrictive new rules allow the electorate a choice, but only

    September 18, 2014 12:00 am JST
  • Taiwan's 'gutter oil' scandal shakes faith in regional food safety

    TAIPEI -- In early September, Taiwanese investigators busted Kaohsiung-based Chang Guann for mixing recycled oil from leather factories and food waste into its cooking oil products. It was at first a regional scandal, but it soon became an incident

    September 18, 2014 12:00 am JST
  • UOB survey finds regional companies bullish on China

    SINGAPORE -- Despite increasing costs and slower growth, companies in the region are still keen on expanding in China with its growing middle-class consumer market, according to a survey by Singapore's United Overseas Bank (UOB) of over 1,000 mid-ti

    September 16, 2014 08:42 pm JST
  • Alibaba raises IPO price range

    HONG KONG (Dow Jones) -- Alibaba Group Holding Ltd., which is in the middle of marketing what could be the world's largest initial public offering, now thinks it could do a little better. The Chinese e-commerce firm has raised the deal's price

    September 16, 2014 02:30 pm JST
  • Will lessons be learned from Taiwan's latest 'gutter oil' scandal?

    TAIPEI -- When Taiwanese investigators busted Kaohsiung-based Chang Guann in southern Taiwan in early September for mixing recycled oil from leather factories and food waste in its cooking oil products, few realized the ramifications the incident wo

    September 16, 2014 11:40 am JST
  • Jack Ma says Alibaba plans to expand aggressively in US

    HONG KONG (Dow Jones) -- Alibaba Group Holding Ltd. plans to expand aggressively in the U.S. and European markets following its listing, its executive chairman said Monday, as the Chinese e-commerce giant kicked off the Asia roadshow for its U.S. in

    September 15, 2014 06:09 pm JST
  • Hong Kong government issues its first Islamic bond: Dealogic

    The Hong Kong government issued its first Islamic bond through Hong Kong Sukuk 2014 in a $1 billion bond via bookrunners CIMB Group, HSBC, National Bank of Abu Dhabi PJSC and Standard Chartered Bank. (Click here for full StatShot report.)Click here

    September 14, 2014 02:31 am JST
  • Gambling mecca gets political

    HONG KONG -- Macau is often seen as the docile sibling of unruly Hong Kong, where anti-government protests have become frequent. But a new, louder breed of political activism has emerged despite the lavish economic bounties flowing from the world's

    September 11, 2014 12:00 am JST
  • Beijing embitters Hong Kong's democrats

    HONG KONG -- Beijing has taken an unexpectedly tough stance against the pro-democracy camp in Hong Kong with new rules that will block anyone it does not like from becoming the city's chief executive. The central government had promised to intro

    September 11, 2014 12:00 am JST
  • Steve Vickers: Companies thought they understood risk -- they didn't

    The attacks in New York on Sept. 11, 2001, ended an era in which companies and individuals felt immune from threats, forcing them to reappraise their vulnerabilities and broaden their conceptions of risk. The nature of the 9/11 attacks -- on proper

    September 11, 2014 12:00 am JST
  • Some Hong Kong stocks could gyrate as Alibaba listing approaches

    HONG KONG -- Nikkei Quick News decided to ask three Hong Kong analysts for their views on the estimated pricing that Alibaba Group Holding has set for its initial public offering. The estimate is from $60 to $66. Bob Tsui, senior analyst at One

    September 10, 2014 01:00 pm JST
  • 'Gutter oil' from Taiwan sparks regional food scare

    TAIPEI -- Taiwanese officials are struggling to contain an escalating tainted cooking oil scandal that has affected local businesses and already spread to mainland China, Hong Kong and Macau. Taiwan investigators busted Kaohsiung-based oil whole

    September 9, 2014 09:40 pm JST
  • Humphrey Hawksley: China's choice over Hong Kong is contagion or compromise

    Beijing has delivered a dose of reality to its citizens in Hong Kong with its recent announcement on how the territory's next leader, known as the chief executive, will be appointed. Its restrictive new rules allow the electorate a choice, but only

    September 9, 2014 07:00 pm JST
  • Samsonite trying to add to its suitcase business

    HONG KONG -- Samsonite International is still trying to wean itself off its dependence on its flagship brand. To do that, it has taken the acquisition route, buying up both casual and luxury bagmakers, then filling its global sales channels with

    September 9, 2014 07:00 pm JST
  • New ADB chief economist says middle-income trap a myth

    MANILA -- The so-called middle-income trap, in which certain countries appear stuck at a middle level of development, is a sham, the new chief economist of the Asian Development Bank says. Although it has no formal definition, the "trap" is

    September 8, 2014 02:51 pm JST
  • Sumitomo Mitsui to boost stake in Bank of East Asia

    TOKYO -- Sumitomo Mitsui Banking announced Friday a basic agreement to lift its stake in Bank of East Asia, aiming to use the Hong Kong bank to help ramp up expansion in China. The Japanese bank will purchase the equivalent of roughly 100 billio

    September 6, 2014 12:47 am JST
  • Investors giddy over Shanghai-Hong Kong stock connection

    HONG KONG -- An investment system linking the Shanghai and Hong Kong exchanges will be officially launched in mid-October. There are mounting expectations that the system will make China's stock markets more attractive to investors at home and abroa

    September 4, 2014 12:00 am JST
  • Major Asian airlines struggle to shake off low-cost competitors

    SINGAPORE/HONG KONG/MANILA -- The increasing popularity of budget carriers is shaking up major Asian airlines, causing their market dominance to fade. Singapore Airlines logged a net profit of 360 million Singapore dollars ($288 million) last fi

    September 4, 2014 12:00 am JST
  • Tourist hot spots

    The number of travelers going abroad reached 1.035 billion in 2012, surpassing 1 billion for the first time, according to the U.N. World Tourism Organization. In 2013, the number increased 5%, to 1.087 billion. Europe remains the most popular touris

    September 4, 2014 12:00 am JST
  • Switzerland retains top spot in competitiveness rankings

    GENEVA (Kyodo) -- Switzerland retained first place in global competitiveness rankings in 2014, while the United States rose to third from fifth and Japan moved up to sixth from ninth, the World Economic Forum said in its annual report Wednesday.

    September 3, 2014 02:50 pm JST