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  • Taiwan's Pou Sheng shakes off January scandal with solid March sales

    HONG KONG -- Taiwanese sportswear retailer Pou Sheng International, a subsidiary of the world's largest contract footwear supplier Pou Chen, saw its share price jump following the announcement of robust consolidated monthly revenue for March.Althoug

    April 12, 2017 06:07 pm JST
  • Hong Kong shares slide as flight to safety continues

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a fifth day of losses as mounting geopolitical worries continued to steer investors away from equities and toward traditional safe-haven assets.The Hang Seng Index slipped 0.2% to 24,046.47 b

    April 12, 2017 02:13 pm JST
  • Military tensions drag on Hong Kong as Shanghai stocks advance

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell to near one-month lows as rising geopolitical worries in the Korean peninsula undermined investor sentiment. Mainland Chinese stocks diverged, sending the Shanghai equity gauge to a 15-month high.H

    April 11, 2017 07:36 pm JST
  • Guotai Junan Securities makes lukewarm debut in Hong Kong

    HONG KONG -- China's third largest brokerage Guotai Junan Securities received a lukewarm response on its debut on the Hong Kong stock market on Tuesday, closing the morning session unchanged.The stock finished at 15.84 Hong Kong dollars at noon, the

    April 11, 2017 04:50 pm JST
  • Hong Kong stocks set for fourth day of losses as Chinese financials retreat

    HONG KONG (Nikkei Markets) -- Hong Kong shares were on course for a fourth day of declines as tensions over North Korea and Syria thwarted risk appetite. Mainland lenders and insurers led losses.The Hang Seng Index slipped 0.9% to 24,054.39 by midda

    April 11, 2017 02:50 pm JST
  • Reeling with debt, Shandong Molong raises 'significant doubts' on future

    HONG KONG (Reuters) -- Shandong Molong Petroleum Machinery Co Ltd said on Tuesday it had "significant doubts" about its ability to continue operating with its liabilities exceeding assets by 15.83 billion yuan ($2.3 billion) at the end of 2016.The p

    April 11, 2017 12:18 pm JST
  • Singapore's CWT surges on HNA takeover bid

    SINGAPORE -- Shares in Singapore logistics company CWT soared more than 9% Monday in response to a takeover offer from Chinese conglomerate HNA Group.HNA Holding Group, a Hong Kong-listed unit of the Hainan Island-based group, announced on Sunday a

    April 11, 2017 01:30 am JST
  • Nikkei Asia300 Index loses as US rate caution, geopolitical risks weigh

    HONG KONG (Nikkei Markets) -- Asian stocks edged lower as the threat of rising U.S. interest rates and caution amid growing geopolitical tensions kept investors on the sidelines.The Nikkei Asia300 Index lost 0.1% or 1.5 points to 1,168.78. China Pet

    April 10, 2017 09:08 pm JST
  • Singapore stocks gain, Malaysian shares fall as US borrowing costs rises

    SINGAPORE (Nikkei Markets) -- Shares in Singapore posted marginal gains while Malaysian stocks edged lower on Monday as a rise in the dollar and U.S. borrowing costs held back investors.The dollar index and U.S. bond yields rose Friday after a mixed

    April 10, 2017 08:13 pm JST
  • Hong Kong stocks end little changed, volume shrinks as yuan worries revisit

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed after a choppy trading session Monday, as investors considered the U.S. Federal Reserve's policy options and geopolitical concerns sapped risk appetite.The Hang Seng Index ended 0.0

    April 10, 2017 08:02 pm JST
  • China's anti-graft watchdog zeros in on top insurance regulator

    BEIJING/HONG KONG -- Chinese President Xi Jinping is gearing up for the reshuffle of party leaders this fall by ratcheting up his anti-graft campaign.The latest victim, according to a notice by China's anti-graft watchdog on Sunday, is Xiang Junbo,

    April 10, 2017 03:35 pm JST
  • Hong Kong shares flat as US policy caution, geopolitical risks weigh

    HONG KONG (Nikkei Markets) -- Hong Kong shares were flat after changing direction at least six times as the prospect of tighter U.S. monetary policy and ongoing geopolitical tensions kept investors cautious.The Hang Seng Index rose less than 0.1% to

    April 10, 2017 02:49 pm JST
  • Sightseers in Japan stop to raise their own kawaii quotients

    TOKYO -- As the recent buying frenzy among foreign tourists in Japan has subsided, visitors seem to have found another inspiration: Japanese techniques of creating a cute look by sprucing up their hair, nails or face.At noon on March 17, a 40-year-o

    April 9, 2017 11:00 am JST
  • Moody's sees rising risk island casino operator may default

    HONG KONG -- The Hong Kong company with a legal monopoly on casino gambling on the Pacific island of Saipan is at "very high" risk of defaulting on its debts, according to Moody's Investors Service.Moody's cut its rating on Imperial Pacific Internat

    April 7, 2017 11:20 pm JST
  • Nikkei Asia300 Index slips after US strikes Syria

    HONG KONG (Nikkei Markets) -- Asian stocks fell on Friday as investor nerves were rattled after the U.S. carried out a missile strike on Syria following a deadly chemical attack in the nation's rebel-held area.The Nikkei Asia300 Index slipped 0.4% o

    April 7, 2017 08:35 pm JST
  • Energy shares help Hong Kong erase losses after US strikes Syria

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed Friday, recouping intraday losses triggered by U.S. missile strikes on a Syrian air base, as energy producers were spurred by a rally in global oil prices.The Hang Seng Index ended

    April 7, 2017 07:20 pm JST
  • China gold stocks soar after US missile barrage on Syria

    HONG KONG -- Western Region Gold and other Chinese companies that mine the precious metal saw their stocks rise virtually across the board on Friday, following the news that the U.S. hit a Syrian air base with cruise missiles.Western Region Gold tem

    April 7, 2017 03:15 pm JST
  • Asian stocks slide as US strike on Syria jolts risk appetite

    HONG KONG (Nikkei Markets) -- Asian shares stumbled as investors sold off risk assets after the U.S. carried out a missile strike on Syria in response to a chemical attack that killed scores of civilians in the nation's rebel-held area.The Nikkei As

    April 7, 2017 01:46 pm JST
  • The internet poised to dethrone TV as ad king

    PALO ALTO, U.S. -- Television's reign as the dominant advertising medium appears near its end, as sellers increasingly reach out to consumers through mobile devices.The rise of smartphones provides a tailwind for spending on internet ads, which is e

    April 7, 2017 08:00 am JST
  • Nikkei Asia300 Index slips on Fed minutes, China-US meeting nerves

    HONG KONG (Nikkei Markets) -- Asian stocks fell Thursday amid concerns the U.S. Federal Reserve will soon consider shrinking its balance sheet, and as caution ahead of a key meeting between U.S. and Chinese presidents kept investors on the sidelines

    April 6, 2017 08:25 pm JST