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  • Hong Kong-listed mainland stocks seen strengthening

    HONG KONG -- The Hang Seng China Enterprises Index, composed of 40 mainland Chinese issues listed on the Hong Kong Stock Exchange, is performing steadily, in line with the Chinese economy and expectations the government will press ahead with economi

    December 19, 2013 12:00 am JST
  • Despite rise, yuan still global minnow

    HONG KONG -- With the yuan reaching a 20-year high against the dollar, the rise in the Chinese currency's value and importance can seem inexorable. SWIFT, a global financial information exchange network, reported Dec. 3 that the yuan, also known

    December 19, 2013 12:00 am JST
  • Google ditches Hong Kong data center plan

    HONG KONG -- Google has scrapped a plan to build a data center in Hong Kong, saying it fears future expansion in the densely packed city would be too tall an order. As Internet use surges in Asia, there is a growing need for large-scale data cen

    December 12, 2013 11:16 am JST
  • Asian students still ace world rankings

    TOKYO -- The OECD's latest international student assessment shows that Asia continues to have some of the highest scoring students in the world when it comes to reading, mathematics and science. Students in Shanghai topped all three rankings, wh

    December 12, 2013 12:00 am JST
  • Skepticism remains about Cinda's business

    HONG KONG -- Prior to the listing on the Hong Kong market on Dec. 12, investors' response to China Cinda Asset Management has been generally positive. The initial public offering is expected to bring roughly 19 billion Hong Kong dollars ($2.45 billi

    December 12, 2013 12:00 am JST
  • 'Vulture' fund's Hong Kong IPO points to more bad loans in China

    SHANGHAI -- The listing of a Chinese state-backed "vulture fund" is seen as an indicator that another round of bad-loan problems is underway in the country. China Cinda Asset Management is to debut on the Hong Kong stock exchange on Dec. 12. The

    December 12, 2013 12:00 am JST
  • Tycoon Li denies rumors of Hong Kong pullout

    HONG KONG -- Li Ka-shing, known as Hong Kong's "Superman" for his prowess as head of property developer Cheung Kong (Holdings) and Hutchison Whampoa, a conglomerate active in everything from supermarkets to port facilities, recently denied rumors th

    December 12, 2013 12:00 am JST
  • Call it an Asia pivot

    TOKYO -- General Electric, the storied American conglomerate, is rapidly expanding its presence in Asia. This does not simply mean selling more products. It is about gaining in-depth understanding of specific markets and striving to meet their needs

    December 12, 2013 12:00 am JST
  • Mainland stocks listed in Hong Kong hit 9-month high

    HONG KONG -- The Hang Seng China Enterprises Index, composed of 40 mainland Chinese issues that are listed on the Hong Kong Stock Exchange, is trading near a nine-month high. The index is performing strongly in line with the Chinese economy and expe

    December 11, 2013 01:00 pm JST
  • Hong Kong band helped inspire Chinese-speaking world with Mandela's story

    HONG KONG -- The death of Nelson Mandela has for many in the Chinese-speaking world brought back a song that came out in 1990 in celebration of Mandela's release from 27 years in prison. "The Glorious Years" was composed by lead vocalist Wong K

    December 10, 2013 01:00 pm JST
  • Asian students continue to ace world education rankings

    TOKYO -- The OECD's latest international student assessment shows that Asia continues to have some of the highest scoring students in the world when it comes to reading, mathematics and science. Students in Shanghai topped all three rankings, wh

    December 8, 2013 01:00 pm JST
  • Asia's commercial real estate torn between bullish investors, cautious occupiers

    The world of commercial property should be straightforward. Developers take a risk and build a building. If they are good or lucky, a business will like it and rent the space. An investor may like the look of the rental income stream and buy the bui

    December 5, 2013 12:00 am JST
  • Tycoon Li denies rumors of Hong Kong pullout

    HONG KONG -- Li Ka-shing, known as Hong Kong's "Superman" for his prowess as head of property developer Cheung Kong (Holdings) and Hutchison Whampoa, a conglomerate active in everything from supermarkets to port facilities, recently denied rumors th

    December 3, 2013 01:00 pm JST
  • Old guard at Hong Kong conglomerates gives way to young blood

    HONG KONG -- Peter Woo, chairman of Hong Kong conglomerate Wheelock, will step down and hand the reins to his 35-year-old son Douglas as of Jan. 1. Douglas Woo, grandson of the late Y. K. Pao, the shipping tycoon, will become Wheelock's third le

    November 29, 2013 07:00 am JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 01:00 pm JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 12:00 am JST
  • Hang Seng enjoying boost from China hopes

    HONG KONG -- Stocks are trading higher in Hong Kong. The rise has been led by factors including investor praise of Chinese willingness to promote economic reforms. The Hang Seng Index ended modestly higher on Wednesday, closing slightly below the ye

    November 26, 2013 12:24 pm JST
  • Plenary opacity a boon for China stocks

    TOKYO -- Chinese stocks contradicted conventional logic by rising earlier this month in the aftermath of reform announcements. "Likonomics," as the set of economic measures by Premier Li Keqiang have come to be known, had been thought a selling

    November 25, 2013 07:00 pm JST
  • Beijing's hand seen in Hong Kong telecom policy zigzag

    HONG KONG -- Hong Kong's telecommunications regulator is coming under fire from critics who claim it is using double standards in its policy decisions to appease Beijing. The Commerce and Economic Development Bureau, which is in charge of teleco

    November 21, 2013 01:00 pm JST
  • Ripples from Western derivatives regulation spreading across Asia

    Since the beginning of the financial crisis in 2008, Group of 20 governments have sought to extend their regulation of the financial markets -- to avoid letting "Main Street pay for a failure on Wall Street."The leaders' statement issued at the G-20

    November 21, 2013 12:00 am JST