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  • About the Asia300 ranking of power performers

    The Nikkei Asian Review has analyzed the growth, profitability, efficiency and financial soundness of the companies in the Asia300 list, based on their earnings for the most recent fiscal year. A company's power ranking is a comprehensive assessment

    June 15, 2017 10:00 am JST
  • Nikkei Asia300 is on a roll, with a few notable exceptions

    HONG KONG The earnings picture for the Nikkei Asia300 had a number of standouts, among them Indian companies providing consumer goods and IT services, along with Apple's major Taiwanese suppliers and Chinese internet conglomerates. But a few sectors

    June 15, 2017 10:00 am JST
  • Chinese companies pile on debt as others battle high rates

    HONG KONG The two biggest engines boosting economic growth in Asia, China and India, also have the most indebted companies in the region. They helped push the total borrowing of the 300-plus companies in Nikkei's Asia300 list to $1.51 trillion last

    June 15, 2017 10:00 am JST
  • Asian shares outshine their advanced-economy peers

    TOKYO The Nikkei Asia300 Index, which tracks 300 high-profile Asian companies, recorded a 17% gain since its debut six months ago.The index stood at 1052.97 when it first started on December 1, 2016. After slumping briefly out of the gate, it shot u

    June 15, 2017 10:00 am JST
  • Indonesia's Indofood rattles investors by buying land from CEO

    JAKARTA -- Indonesian food giant Indofood Sukses Makmur's 2.2 trillion rupiah ($164 million) purchase of land in Jakarta from its chief executive, billionaire tycoon Anthoni Salim, is raising fresh questions over corporate governance in a country wh

    June 14, 2017 11:03 pm JST
  • Hong Kong dollar weakens on Fed tightening, strong liquidity

    HONG KONG - The Hong Kong dollar is hovering in the bottom half of its pegged range to the U.S. dollar, marking the first time that the currency has breached 7.8 to the greenback since January 2016 when the yuan was devalued.The Hong Kong dollar is

    June 14, 2017 10:00 pm JST
  • Developers drop with Hong Kong on Fed-watch as Tencent climbs

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed after a quiet but choppy trading session Wednesday, with gains by Tencent Holdings helping offset declines by property developers as anxious investors waited for the U.S. Federal Re

    June 14, 2017 08:08 pm JST
  • Hong Kong tycoon Thomas Kwok loses final corruption appeal

    HONG KONG -- Hong Kong property tycoon Thomas Kwok Ping-kwong lost his final appeal Wednesday against a conviction for bribing a senior official, closing the curtains on one of the highest-profile corruption cases in the territory.The Court of Final

    June 14, 2017 06:27 pm JST
  • Detention of Anbang Insurance boss hits China banking shares

    HONG KONG -- Shares in China Merchants Bank and China Minsheng Banking were trading lower in Hong Kong on Wednesday following reports that Wu Xiaohui, chairman of China's Anbang Insurance Group, the banks' largest shareholder, has been detained by t

    June 14, 2017 04:34 pm JST
  • Mainland companies, developers drag down Hong Kong shares as Fed awaited

    HONG KONG (Nikkei Markets) -- Hong Kong shares retreated, with Chinese companies and property developers pacing losses, as investors braced for the U.S. Federal Reserve's interest-rate decision later in the global day.The Hang Seng Index slid 0.3% t

    June 14, 2017 02:38 pm JST
  • Hong Kong's top court upholds property tycoon's graft conviction

    HONG KONG (Reuters) -- Hong Kong's top court on Wednesday upheld a corruption conviction against a billionaire property tycoon, putting an end to a years-long landmark court battle that exposes the cozy ties between government officials and powerful

    June 14, 2017 12:57 pm JST
  • Noble's woes raise specter of commodities meltdown

    TOKYO -- Once the shining star of Asia's commodities market, Noble Group is now facing trouble on all sides with a net loss for the January-March quarter, a stock price plunge, massive debt and harsh credit ratings downgrades.The Hong Kong-based, Si

    June 14, 2017 10:00 am JST
  • Gaming, property shares shine as Hong Kong recoups before Fed mov

    HONG KONG (Nikkei Markets) -- Gaming and property shares advanced to help Hong Kong equities claw back some of the ground they lost amid a technology sector-led selloff the previous day.The Hang Seng Index rose 0.6% to 25,852.10, heading back toward

    June 13, 2017 07:57 pm JST
  • Hisense Electric stock seesaws following Sharp lawsuit

    HONG KONG -- Shares in Chinese home appliance maker Hisense Electric seesawed Tuesday in Shanghai in the wake of a lawsuit filed in the U.S. against its parent, Hisense Group, by electronics maker Sharp.In the lawsuit, filed in a California court on

    June 13, 2017 05:55 pm JST
  • Casinos lead Hong Kong shares higher while WuXi jumps on debut

    HONG KONG (Nikkei Markets) -- Hong Kong shares on Tuesday recovered some of their steep losses from the previous day, with casino operators and technology companies pacing the rebound.The Hang Seng Index rose 0.5% to 25,841.87 by midday, after suffe

    June 13, 2017 02:37 pm JST
  • Australia's Crown Resort says employees charged with gambling offences in China

    SYDNEY (Reuters) -- Australian casino giant Crown Resorts Ltd said on Tuesday more than a dozen of its employees held in China since October have been charged with offences relating to promotion of gambling.Chinese authorities have referred the case

    June 13, 2017 11:43 am JST
  • Japanese fashion publishers headed for Taiwan via app

    TOKYO -- Japanese publishers will present their fashion and lifestyle magazines to an app available in Taiwan and Hong Kong, as a shrinking domestic market prompts companies to seek new income sources abroad.The 24 publishers including Hearst Fujing

    June 13, 2017 06:56 am JST
  • Tencent, developers hand Hong Kong stocks worst loss in almost two months

    HONG KONG (Nikkei Markets) -- Hong Kong stocks suffered their worst loss in almost two months as Tencent Holdings fell off an all-time high, tracking losses for U.S. technology companies, while property developers extended losses from near two-year

    June 12, 2017 07:30 pm JST
  • Hong Kong shares retreat as technology stocks slide on US cues

    HONG KONG (Nikkei Markets) -- Hong Kong shares dropped as investors braced for a rate increase this week by the U.S. Federal Reserve, with technology companies leading losses.The Hang Seng Index fell 1.2% to 25,712.55 by noon, following a five-week

    June 12, 2017 02:20 pm JST
  • China Evergrande selloff lifts China Vanke shares in Hong Kong

    HONG KONG -- Shares in China Vanke, China's largest property developer, rose in Hong Kong on Monday after its third-largest shareholder announced over the weekend that it sold its entire stake in the company. Vanke's stock price was up 0.20 Hong Kon

    June 12, 2017 02:15 pm JST