Search results

Results 21 - 40 of 2920
  • Hong Kong shares extend gains as caution over US politics eases

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a third day higher as investor concern about U.S. political uncertainty showed further signs of easing after Wall Street equities extended gains.The Hang Seng Index rose 0.3% to 25,461.43 by

    May 23, 2017 02:48 pm JST
  • Cathay Pacific shares mixed on additional job cuts report

    HONG KONG -- Shares in Cathay Pacific Airways had mixed movements in Tuesday's trading on the Hong Kong stock exchange after a report emerged that Hong Kong's main carrier is planning additional job cuts.The share price on Tuesday moved up and down

    May 23, 2017 01:53 pm JST
  • Brokerage shares slump as China blocks off 'channel' ops

    HONG KONG -- Chinese authorities have begun cracking down on brokerages engaged in the profitable business of helping banks keep inconvenient loans or assets off the books, sparking a broad slide among Shanghai-listed securities firms Monday.CITIC S

    May 23, 2017 12:08 am JST
  • Financials, Tencent take Hong Kong shares to 22-month highs

    HONG KONG (Nikkei Markets) -- Hong Kong shares revisited their highest levels since July 2015 on Monday, spurred by gains in financial stocks and heavyweight Tencent Holdings after a recovery on Wall Street soothed sentiment.The Hang Seng Index adva

    May 22, 2017 07:47 pm JST
  • Cathay Pacific struggles to remain competitive

    TOKYO -- Hong Kong carrier Cathay Pacific Airways is struggling to chart a new path forward, initiating a round of job cuts and other sweeping restructuring efforts.Internationally, the Hong Kong carrier faces tough competition over flights to and f

    May 22, 2017 04:48 pm JST
  • Hong Kong shares head for best day in two weeks on oil gains, US cues

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose, helped by gains on Wall Street and a rally in crude oil prices that boosted energy producers. Local developers fell after the city's central bank took steps to cool the property market.The Hang Se

    May 22, 2017 02:09 pm JST
  • Cathay Pacific to cut 600 jobs, including 190 management staff

    HONG KONG/SYDNEY (Reuters) -- Hong Kong's flagship carrier Cathay Pacific Airways Ltd said on Monday it would sack nearly 600 staff as the first step in a reorganisation plan as the airline looks to return to profitability.Some 190 management jobs w

    May 22, 2017 11:08 am JST
  • Asian travelers stay loyal to Japanese cosmetics

    TOKYO -- Japan's cosmetics exports surpassed the value of imports for the first time in 2016, surging on repeat purchases by Asian tourists after returning from their visits.According to the Japanese Cosmetic Industry Association, exports climbed 28

    May 22, 2017 07:00 am JST
  • Company in focus

    Hong Kong's MTR is praised abroad for efficiency, but criticized at home

    HONG KONG -- MTR has been venturing abroad long before the Belt and Road Initiative was proposed by Chinese President Xi Jinping in 2013.But it was not until recently that the monopoly operator of Hong Kong's profitable metro system said it wante

    May 21, 2017 12:00 pm JST
  • Tencent boosts Hong Kong shares to weekly gain amid Trump turmoil

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged higher this week after heavyweight Tencent Holdings clinched its longest weekly winning streak in four years on better-than-expected earnings, overshadowing a global selloff sparked by political t

    May 19, 2017 07:55 pm JST
  • Aluminum prices propped up by prospect of Chinese supply cut

    TOKYO/HONG KONG -- Aluminum prices are hovering at high levels, with investors sensing that China is finally getting serious about cutting excess capacity in the sector.The benchmark three-month aluminum futures on the London Metal Exchange closed a

    May 19, 2017 05:50 pm JST
  • Beyond udon -- Japanese chain winding its way to success

    TOKYO -- Takaya Awata, the 55-year-old founder of Japan's Toridoll Holdings, has a dream. He wants to make his company one of the world's biggest restaurant groups. But the operator of Japan's largest udon chain doesn't plan on doing that with the t

    May 19, 2017 04:15 pm JST
  • Hong Kong shares set for first gain in four days after US rebound

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for their first gain in four days following positive overnight cues from Wall Street, with heavyweight Tencent Holdings providing a thrust as it climbed toward another record high.The Hang Seng I

    May 19, 2017 02:22 pm JST
  • Trump turmoil drags down Hong Kong shares as Apple supplier AAC trading halted

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell the most in almost two weeks Thursday, as mounting worries over the fate of U.S. President Donald Trump's economic agenda sparked a selloff in global equity markets.The Hang Seng Index fell 0.6% to

    May 18, 2017 07:48 pm JST
  • Shares of Chinese selfie app provider take wild ride

    HONG KONG -- The Hong Kong-listed shares of Meitu began seesawing this week as an index publisher decided to, then against including the Chinese selfie app provider in its MSCI China Index.MSCI is a U.S. company that publishes a number of indexes an

    May 18, 2017 03:15 pm JST
  • Record number of foreign visitors flock to Japan in April

    TOKYO -- Foreign visitors to Japan topped 2.57 million in April, the highest total for a single month, The Nikkei learned Thursday.The number for April rose 23.9% from a year earlier, due largely to more visitors seeking experience-based tourism, as

    May 18, 2017 03:15 pm JST
  • Hong Kong shares head for third decline on Trump worries, while Tencent rallies

    HONG KONG (Nikkei Markets) -- Hong Kong shares set course for a third day lower as mounting U.S. political turmoil sparked Wall Street's worst selloff in eight months and fuelled a wave of risk aversion. A rally in heavyweight Tencent Holdings after

    May 18, 2017 02:18 pm JST
  • Guarded optimism over 'Bond Connect' between Hong Kong, mainland

    HONG KONG -- As part of China's push to internationalize its currency and fledgling capital market, a new channel for foreign investors to access its $9 trillion onshore debt market through Hong Kong was unveiled late Tuesday. But a long wait is exp

    May 18, 2017 08:15 am JST
  • Hong Kong-Zhuhai-Macau Bridge construction set to finish this year

    ZHUHAI, China -- A bridge connecting this city in the southern Chinese province of Guangdong with Hong Kong and Macau will be completed by year-end and fully open to vehicular traffic in 2018, authorities told foreign media Wednesday.The Hong Kong-Z

    May 18, 2017 04:30 am JST
  • Hong Kong shares down for second day as US turmoil feeds caution

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell Wednesday as mounting political tensions in Washington fuelled doubts about U.S. President Donald Trump's ability to push through economic policies.The Hang Seng Index fell 0.2% to 25,293.63, mirro

    May 17, 2017 07:34 pm JST