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  • Ivy League controversy

    Asian-Americans call for fairer college admissions system

    NEW YORK -- Elite U.S. universities continue to face claims that they discriminate against Asian-American applicants. In September, the Asian-American Coalition for Education requested an investigation into why Harvard University rejected an Asi

    October 10, 2015 01:00 pm JST
  • Free trade deal

    Hong Kong and Macau to begin CEPA negotiations

    HONG KONG -- The Hong Kong and Macau governments on Friday announced that they will soon be launching negotiations on a free trade agreement, with the intention of promoting economic cooperation within the greater China region. According to a pr

    October 10, 2015 12:30 am JST
  • Hong Kong stocks

    Bank shares rise on yuan payment system's debut

    HONG KONG -- Banks listed on the Hong Kong Stock Exchange surged Friday following China's recent launch of a global payment system offering real-time international transactions in the yuan. Standard Chartered finished 2.1% higher at 90.10 Hong K

    October 9, 2015 09:52 pm JST
  • Rising Chinese gold demand

    Chow Tai Fook Jewelry gains on glittering earnings

    HONG KONG -- Chow Tai Fook Jewelry Group continued its climb here Friday as strong mainland Chinese sales and recent store openings boosted earnings. Shares of Chow Tai Fook climbed 4.5% at one point Friday to 7.17 Hong Kong dollars (94 cents) b

    October 9, 2015 09:50 pm JST
  • UN scandal

    Ban requests probe into dealings involving three Chinese businessmen

    HONG KONG -- United Nations Secretary-General Ban Ki-moon has requested an internal audit of U.N. dealings with Macau businessman David Ng Lap-seng's Sun Kian Ip Group and a foundation backed by executives of Synertone Communication in the wake of b

    October 9, 2015 09:20 pm JST
  • From sadness to wow

    Facebook launches reaction buttons beyond like

    SAN FRANCISCO (Reuters) -- Like it or not, Facebook Inc's trademark "like" button is set to get more expressive. Users will soon be able to do more than "like" posts. They will be able to love them and express sympathy, anger or sadness with ani

    October 9, 2015 09:06 am JST
  • World-wide PC shipments continue to slump

    World-wide personal computer shipments dropped in the September quarter as PC makers didn't receive much of a boost from Microsoft Corp.'s new operating system, Windows 10, according to a pair of data trackers Thursday. International Data Corp.

    October 9, 2015 08:57 am JST
  • UN scandal

    Official was paid to attend China event featuring Bill Clinton

    HONG KONG -- A corruption scandal involving former United Nations official John Ashe and Macau businessman David Ng Lap-seng appears to be widening. A criminal complaint against Ashe and Ng, unsealed by U.S. prosecutors on Tuesday in New York, i

    October 8, 2015 11:00 pm JST
  • Asian markets

    China stocks jump after trading break

    HONG KONG -- Chinese stocks surged on Thursday, the country's first day of trade after a one-week holiday. Market players seemed to be cheered following rallies in the U.S. and Europe during the past week. The benchmark Shanghai Composite Index

    October 8, 2015 05:15 pm JST
  • CLP Holdings

    Hong Kong utility to sell Australian gas plant for $1.3B

    HONG KONG -- CLP Holdings, one of Asia's largest electric power companies, on Thursday said it will sell a gas plant for 1.78 billion Australian dollars ($1.28 billion) to Queensland Investment Corporation, an investment firm owned by the State of Q

    October 8, 2015 03:40 pm JST
  • Ng Lap-seng charged

    UN body backed Macau deal in corruption case

    HONG KONG -- High-level support had been building in the United Nations for a multi-billion dollar Macau convention center project at the heart of a U.S. corruption investigation in the months before the case came to light. A meeting in Macau in

    October 8, 2015 02:21 am JST
  • Sin-ming Shaw

    Beijing versus the billionaire

    BANGKOK -- China's government and Hong Kong's wealthiest man, the much-admired Li Ka-shing, have been waging an acidic spat -- one that increasingly looks like a bitter divorce being played out in tabloid newspapers. Indeed, Chinese media have latel

    October 8, 2015 01:30 am JST
  • TPP

    Deal signals emergence of a new global order

    ATLANTA -- Akira Amari, Japan's economy minister, was fuming. "This is no time for playing games," he told U.S. Trade Representative Michael Froman. "We must make the greatest possible concessions to sort out our differences. Otherwise, we'll ne

    October 8, 2015 12:00 am JST
  • TPP signals emergence of a new global order

    ATLANTA -- Akira Amari, Japan's economy minister, was fuming. "This is no time for playing games," he told U.S. Trade Representative Michael Froman. "We must make the greatest possible concessions to sort out our differences. Otherwise, we'll ne

    October 8, 2015 12:00 am JST
  • Hong Kong business

    CK Hutchison raises offer for Power Assets shares

    HONG KONG -- Hong Kong conglomerate CK Hutchison Holdings, led by Asia's richest man, Li Ka-shing, has raised its offer to acquire Power Assets Holdings, which owns power- and gas-related businesses across Asia and Europe. CK Hutchison's Hong K

    October 7, 2015 11:30 pm JST
  • Hong Kong stock market

    PetroChina gains on possible Saudi deal

    HONG KONG -- PetroChina's stock shot up for the fifth straight session Wednesday in the Hong Kong stock market on reports that Saudi Arabia's state-owned oil conglomerate might purchase assets from the Chinese company's parent. PetroChina rose 9

    October 7, 2015 10:00 pm JST
  • Nikkei PMI

    Software and services rises highest in September

    HONG KONG -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for September showed increased business activity in 10 out of the 19 industries monitored. The software and services sector saw the sharpest output growth in all industries,

    October 7, 2015 11:00 am JST
  • Hong Kong stocks

    Chinese cosplay supplier to list this month

    HONG KONG -- China Partytime Culture Holdings, a maker of costumes and other accoutrements for cosplayers, will debut Oct. 16 on the Hong Kong Stock Exchange. The Chinese company will raise up to 212 million Hong Kong dollars ($27.8 million), pa

    October 7, 2015 03:37 am JST
  • TPP

    Vietnam-linked stocks profit from US-China power struggle

    HONG KONG -- As the recent Trans-Pacific Partnership agreement highlights the battle between Washington and Beijing for supremacy in the Asia-Pacific, traders looking to fish in these troubled waters see promise in Vietnam-related stocks. China'

    October 6, 2015 11:02 pm JST
  • 2015 Nobel

    Medical stocks gain in Hong Kong on China's prize nod

    HONG KONG -- Companies dealing in modern and traditional medicine rose on the stock market here Tuesday after a Chinese researcher was awarded the Nobel Prize in medicine. Tu Youyou, a pharmacologist at the China Academy of Chinese Medical Scien

    October 6, 2015 10:41 pm JST