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  • MTR downplays tie-up with Chinese in Singapore-KL project

    HONG KONG -- MTR has downplayed its role in a possible Chinese joint venture to build a high-speed railway in Southeast Asia, just weeks after it expressed interest in what could be its first project under China's Belt and Road infrastructure initia

    June 6, 2017 10:44 pm JST
  • Developers stand out as Hong Kong stocks return to 23-month highs

    HONG KONG (Nikkei Markets) -- Hong Kong stocks climbed to reclaim 23-month highs on Tuesday as an improving price outlook bolstered property developers.The Hang Seng Index added 0.5% to 25,997.14. Eight of the day's top nine gainers on the 50-stock

    June 6, 2017 07:21 pm JST
  • The Future of Asia 2017

    Former chief secretary: China can test democracy on Hong Kong

    TOKYO -- Anson Chan Fong On-sang, former Hong Kong chief secretary under British rule, said Tuesday China can use the territory as a testing ground for democracy and that Beijing must not meddle too much in its affairs to ensure stability and prospe

    June 6, 2017 06:15 pm JST
  • The Future of Asia 2017

    Hong Kong awaits 'reassuring message' from Beijing: former official

    TOKYO -- China should live up to its pledge to respect the status of the former British colony, Anson Chan, former chief secretary of Hong Kong, said during a panel discussion on the second day of the Future of Asia conference Tuesday in Tokyo.The d

    June 6, 2017 05:46 pm JST
  • Developers pace Hong Kong share gains as energy producers retreat

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged higher in choppy trading Tuesday, with property developers leading gains on expectations the U.S. Federal Reserve will only tighten policies at a moderate pace beyond June.The Hang Seng Index rose

    June 6, 2017 02:28 pm JST
  • The Future of Asia 2017

    World Bank's Levy calls for new type of globalism

    TOKYO -- Asia should champion a new form of globalism, such as one that facilitates cross-border infrastructure investments, World Bank Managing Director Joaquim Levy said in a speech at the 23rd International Conference on the Future of Asia on Tue

    June 6, 2017 12:21 pm JST
  • Japan reaches out to devout travelers with religious accommodations

    TOKYO -- A prayer room opened in Tokyo Station on Monday, the latest effort by Japan to attract more Muslims, Buddhists and other religiously observant tourists from Asia.The 8-sq.-meter space is located in the station's travel service center. The s

    June 6, 2017 10:47 am JST
  • Weibo's 'systems upgrade' on Tiananmen date angers netizens

    HONG KONG -- Early June is known to be a busy time for China's online police. This year, the internet controls were tightened on the 28th anniversary of the Tiananmen Square crackdown on June 4.Overseas users of Sina Weibo, China's largest microblog

    June 5, 2017 10:28 pm JST
  • Hong Kong shares retreat from 23-month highs as link flows turn negative

    HONG KONG (Nikkei Markets) -- Hong Kong stocks pulled back from 23-month highs on Monday, weighed down by losses for Chinese companies, as mainland investors turned net sellers of local equities.The Hang Seng Index slipped 0.2% to 25,862.99, with a

    June 5, 2017 07:57 pm JST
  • Hong Kong shares drop as UK-exposed stocks retreat after terror attack

    HONG KONG (Nikkei Markets) -- Hong Kong shares slipped in choppy trading after a four-week rising streak, weighed down by losses for companies with British interests after deadly attacks in London drove the pound lower.The Hang Seng Index slipped 0.

    June 5, 2017 02:13 pm JST
  • Hong Kong PMI falls to 50.5 in May

    TOKYO -- The Nikkei Hong Kong Purchasing Managers' Index, or PMI, for May fell to 50.5 from April's 51.1.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."Following a firm start to the second quarte

    June 5, 2017 09:30 am JST
  • Asian flagship carriers sink as Chinese airlines expand

    HANOI -- Major Asian airlines find themselves increasingly squeezed due to the advent of low-cost carriers, rising fuel prices and intense price competition stemming from a sharp expansion of international operations by Chinese air carriers.Chinese

    June 5, 2017 09:00 am JST
  • An animated look at how Asia has changed over 50 years

    Asia has changed considerably since the Association of Southeast Asian Nations came together as a political bloc in August 1967. But how can we get a sense of the pace and direction of that change? Inspiration comes from the Gapminder Foundation,

    June 5, 2017 08:00 am JST
  • Hong Kong activists seek to heal generational divide

    HONG KONG -- Although under the sovereignty of China, Hong Kong continues to keep the light burning in commemorating the Communist government's brutal crackdown against pro-democracy protesters on June 4, 1989, when hundreds were killed in Beijing's

    June 5, 2017 05:50 am JST
  • Ant Financial seen becoming world's top consumer bank

    HONG KONG -- In a world that embraces disruptive technology, China's most prominent financial technology company, Ant Financial Services Group, would probably have no problems morphing into a bank, even without licenses.Beginning as an online paymen

    June 3, 2017 01:45 am JST
  • Developers propel Hong Kong shares to fourth weekly gain amid robust demand

    HONG KONG (Nikkei Markets) -- Hong Kong shares clinched their fourth consecutive weekly advance, fuelled by a rally in developers as local prices continued to defy government curbs.The Hang Seng Index rose 0.4% to 25,924.05 on Friday, ending the wee

    June 2, 2017 07:33 pm JST
  • Nickel sinks to 11-month low on dimmer China outlook

    TOKYO/HONG KONG -- Nickel prices have touched an 11-month low, hit by concerns about oversupply in producing countries coupled with economic warning signs in China, the No. 1 importer.The benchmark three-month contracts on the London Metal Exchange,

    June 2, 2017 03:08 pm JST
  • Asian shares rise after Wall Street climb as Japan's Nikkei 225 rallies

    HONG KONG (Nikkei Markets) -- Asian shares rose on Friday after robust U.S. private jobs data boosted Wall Street equities to record highs, with technology companies driving advances.Japan's Nikkei 225 Index climbed 1.8% to 20,219.53, rising above 2

    June 2, 2017 02:32 pm JST
  • China leaps 7 spots to No. 18 in world competitiveness ranking

    TOKYO -- China saw a big jump in the latest competitiveness ranking by Swiss business school IMD, moving from 25th to 18th place. Its rise was driven by President Xi Jinping's Belt and Road Initiative, which focuses on international trade as a way o

    June 2, 2017 10:00 am JST
  • China debt 'could prompt $7.7 trillion asset sale'

    HONG KONG -- China's mounting bad debts might constitute a nightmare for Beijing as it tries to ensure more stable growth. But they are also fueling an emerging market that could be worth at least $3 trillion for foreign buyers of distressed assets.

    June 1, 2017 11:20 pm JST