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  • Luxe 'lite' takes flight in Asia

    How many among the legions of budget travelers who struggle down the narrow aisles of a plane toward the nether regions of "cattle-class" have not looked wistfully at the cool, comfortable passengers sipping pre-takeoff champagne in their deluxe bus

    May 11, 2017 10:00 am JST
  • One country's slump isn't ruining the Asia300 profit party

    HONG KONG The Asia300 -- Nikkei's curated selection of listed corporate standouts from across the region, excluding Japan -- took another knock last year, when its members' combined net profit suffered its first back-to-back decline in two decades.

    May 11, 2017 10:00 am JST
  • Hong Kong retailers boosted by the rocky Beijing-Seoul relationship

    HONG KONG Retail sales here started growing again in March, ending a two-year decline, as mainland Chinese tourists have been shunning South Korea to shop in the former British colony.Retail sales hit 35.7 billion Hong Kong dollars ($4.58 billion) i

    May 11, 2017 10:00 am JST
  • Policy support props up China's earnings in the run up to key party congress

    SHANGHAI China appears to have brought its economy to heel before this autumn's National Congress of the Chinese Communist Party. Growth continues at the 6%-plus level, while the yuan's depreciation and capital outflow have halted, for the time bein

    May 11, 2017 10:00 am JST
  • The troubling truth behind China's banking 'recovery'

    HONG KONG These days in China, when banks are in no mood to dole out cash, the country's old-economy enterprises start falling like a house of cards.Soon after China Huishan Dairy Holdings, late on bank payments, saw its Hong Kong-listed shares plun

    May 11, 2017 10:00 am JST
  • Hong Kong's Causeway Bay Books looks for a home in Taiwan

    HONG KONG Hong Kong bookseller Lam Wing-kee dropped a bombshell last June when he gave an account of his eight-month detention in China. Now, as the media sensation dies down, Lam is working to revive Causeway Bay Books, the small shop he ran until

    May 11, 2017 10:00 am JST
  • Luxe 'lite' takes flight in Asia

    How many among the legions of budget travelers who struggle down the narrow aisles of a plane toward the nether regions of "cattle-class" have not looked wistfully at the cool, comfortable passengers sipping pre-takeoff champagne in their deluxe bus

    May 11, 2017 10:00 am JST
  • HKEx quarterly profit surges 20% on bustling mainland links

    HONG KONG -- The company that runs Hong Kong's stock exchange on Wednesday said its net profit attributable to shareholders surged 20% in the first quarter, to 1.72 billion Hong Kong dollars ($220.39 million).Hong Kong Exchanges & Clearing's better

    May 11, 2017 01:55 am JST
  • Artificial intelligence gets a seat in the boardroom

    HONG KONG -- A Hong Kong venture capitalist fund credits a single member of its management team with pulling it back from the brink of bankruptcy. But the executive is not a seasoned investment professional, nor even a human being. It is an algorith

    May 10, 2017 10:52 pm JST
  • Nikkei Asia300 Index slips on caution after Trump fires Comey

    HONG KONG (Nikkei Markets) -- Asian stocks edged lower Wednesday as caution reigned after U.S. President Donald Trump abruptly dismissed the nation's top law enforcement official and as investors took profits in South Korean shares following preside

    May 10, 2017 08:14 pm JST
  • Hang Seng Index reclaims 25,000 while China shares wither

    HONG KONG (Nikkei Markets) -- Hong Kong shares defied broad losses in Asia, sending the benchmark gauge above 25,000 for the first time since July 2015, as investors snapped up Chinese financials listed in the city despite a retreat for stocks on ma

    May 10, 2017 07:48 pm JST
  • Hong Kong shares eye new 21-month highs as China rebound extends

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for fresh 21-month highs, spurred by a rally in mainland companies listed in the city as Chinese equity markets showed signs of stabilizing.The Hang Seng Index rose 0.8% to 25,088.27 by midday, s

    May 10, 2017 02:45 pm JST
  • Hong Kong shares at 21-month high as China companies bounce back

    HONG KONG (Nikkei Markets) -- Hong Kong shares forged their way back to 21-month highs Tuesday, inspired by a rally in mainland companies that saw Shanghai equities snap a five-day losing streak.The Hang Seng Index rose 1.3% to 24,889.03, closing at

    May 9, 2017 08:13 pm JST
  • Apple's record market cap pushes Asian tech shares higher

    HONG KONG -- Shares of Asian suppliers to Apple Inc. rose across the board Tuesday, buoyed by the news that the gadget maker has become the first U.S. company in history to reach a market capitalization of $800 billion.On Monday, Apple topped $153.4

    May 9, 2017 03:50 pm JST
  • Oil, power shares lead Hong Kong higher for second day

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed higher for a second day on Tuesday, led by oil and power companies, and as risk sentiment remained supported amid easing political uncertainty in the euro zone.The Hang Seng Index rose 0.4% to 24

    May 9, 2017 02:45 pm JST
  • Asia remains 'core market' for Barclays -- Asia Pacific co-head

    YOKOHAMA, Japan -- Despite cutting a large number of jobs and shutting down several offices across the region, Asia remains a core market for Barclays, its Asia Pacific co-head Jaideep Khanna told the Nikkei Asian Review.2016 was a year of restructu

    May 9, 2017 11:00 am JST
  • Australia's Crown Resorts quits Macau as Packer sells Melco stake

    SYDNEY (Reuters) -- Australian billionaire James Packer's casino group Crown Resorts Ltd has agreed to sell its remaining stake in Macau-focused Melco Resorts and Entertainment Ltd for $1.16 billion, ending its exposure to the Asian gaming hub.Crown

    May 9, 2017 10:53 am JST
  • Chinese e-commerce company JD.com logs first quarterly profit

    HONG KONG -- China's second-largest e-commerce company JD.com has recorded its first quarterly profit after revenue surged 41.2% from a year ago, supported by the nation's strong appetite for online shopping. However, management remained "cautious"

    May 9, 2017 02:30 am JST
  • Hong Kong airlines see 'indirect' benefit from lower tax for lessors

    HONG KONG -- Hong Kong's bid to boost its attractiveness as a hub for aircraft leasing drew a tepid response from local airlines, which say the impact of tax concessions would be indirect.Proposals to give tax concessions to aircraft lessors have be

    May 8, 2017 11:24 pm JST
  • Hong Kong shares rise as French election cheer trumps China woes

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose for the first time in three days Monday, shrugging off persistent weakness in mainland markets, as centrist Emmanuel Macron's victory in French elections allayed fears about the euro zone.The Hang

    May 8, 2017 07:37 pm JST