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  • Pro-Beijing donors on the money in Hong Kong vote

    HONG KONG -- Hong Kong's richest man Li Ka-shing had already spelled out his expectations of incoming leader Carrie Lam Cheng Yuet-ngor. The chief executive should "work well" with the Chinese government, he said days before the leadership election

    April 28, 2017 02:12 am JST
  • Asia-Pacific leads global business travel

    BANGKOK -- Business travel within Asia is growing at twice the pace of the rest of the world and looks set to overtake the top-spending Americas within 10 years, according to research by the World Travel and Tourism Council, a leading industry body,

    April 27, 2017 11:20 pm JST
  • Asia Inc. welcomes Trump's big tax plan

    TOKYO/SEOUL -- U.S. President Donald Trump's announcement of a dramatic tax reform plan was greeted with welcome and suspicion by Asian companies on Thursday.If Trump has his way, the corporate tax rate in the U.S. would fall from 35% to 15%.Kawasak

    April 27, 2017 08:00 pm JST
  • Gold holds firm at $1,270 level on geopolitical jitters

    TOKYO/HONG KONG -- Gold prices are hovering around $1,270 per ounce, up roughly 12% since the end of December, as investors remain cautious amid looming geopolitical risks.This was despite initial euphoria after the first round of the French electio

    April 27, 2017 07:50 pm JST
  • Hong Kong shares hit 21-month high on AIA's leap, rebound in China stocks

    HONG KONG (Nikkei Markets) -- Hong Kong shares pulled higher in afternoon trading, sending the benchmark gauge to a 21-month high, as mainland equities rebounded and strong business growth propelled AIA Group to life-time highs.After struggling for

    April 27, 2017 07:30 pm JST
  • Hong Kong stocks flat after Trump tax plan unveiled

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed Thursday morning as declines in casino shares and mainland companies offset advances by AIA Group after the insurer reported a surge in new business.The Hang Seng index was 0.01% dow

    April 27, 2017 03:46 pm JST
  • Li & Fung needs a new case study

    HONG KONG -- For Li & Fung, a leading Hong Kong trading house with a history of more than a century, the next three years will be crucial.Spencer Fung became group CEO in 2014. Earnings have been on the decline ever since. The company, which heavily

    April 27, 2017 11:00 am JST
  • Building Asia's capital markets

    Challenges faced by Asian capital markets present huge potential

    The economies of South and Southeast Asia are all in their own unique stages of development, and each capital market faces a different set of challenges. A common theme, however, is that new business opportunities are cropping up across the region.

    April 27, 2017 10:00 am JST
  • Building Asia's capital markets

    New frontiers, new opportunities

    Introduction: Challenges faced by Asian capital markets present huge potentialFor the second year in a row, the Nikkei Asian Review and The Banker, a Financial Times Group publication, have teamed up to produce a special report looking at the state

    April 27, 2017 10:00 am JST
  • Building Asia's capital markets

    Hong Kong could be the answer for hedging in China

    Could Hong Kong become Asia's equivalent of Chicago? The case for the city to become a derivatives hub has strengthened as China accelerates opening up its capital markets to foreigners. Overseas investors want exposure to the world's second-largest

    April 27, 2017 10:00 am JST
  • Challenges faced by Asian capital markets present unique opportunities

    The economies of South and Southeast Asia are all in their own unique stages of development, and each capital market faces a different set of challenges. A common theme, however, is that new business opportunities are cropping up across the region.

    April 27, 2017 10:00 am JST
  • Hong Kong could be the answer for hedging in China

    Could Hong Kong become Asia's equivalent of Chicago? The case for the city to become a derivatives hub has strengthened as China accelerates opening up its capital markets to foreigners. Overseas investors want exposure to the world's second-largest

    April 27, 2017 10:00 am JST
  • Export fund seeks inroads for Japanese produce into Asia's middle class

    TOKYO -- A Japanese public-private fund will back an effort to sell domestic produce at supermarkets elsewhere in Asia to middle-class consumers who have mainly seen these imports as a luxury rather than everyday shopping.The Cool Japan Fund's partn

    April 27, 2017 08:00 am JST
  • 'Mr Emerging Markets' finally takes back seat

    HONG KONG -- During the first great boom in emerging markets investment in the 1990s, star fund manager Mark Mobius was ever-present on Asian TV and in magazines. He had an Indiana Jones quality, traveling -- as he still does -- across the globe see

    April 26, 2017 09:08 pm JST
  • HK police charge pro-independence activists with unlawful assembly

    HONG KONG (Reuters) -- Hong Kong police on Wednesday charged two disqualified pro-independence legislators with unlawful assembly and forceful entry over an attempt to barge into a Legislative Council meeting in November.The detentions are likely to

    April 26, 2017 09:00 pm JST
  • Earnings wagers spur casinos as Hong Kong stocks hit five-week high

    HONG KONG (Nikkei Markets) -- Hong Kong shares climbed to a five-week high on Wednesday, with earnings expectations from the gambling sector further brightening investor outlook amid optimism over U.S. tax reforms and French elections.The Hang Seng

    April 26, 2017 07:29 pm JST
  • Sa Sa International's shares decline on profit warning

    HONG KONG -- Shares of Sa Sa International Holdings, Hong Kong's largest cosmetics chain, declined almost 1% here on Wednesday morning after the company warned of a profit decline for the financial year ended in March.The company's shares went as lo

    April 26, 2017 06:00 pm JST
  • Hong Kong clothing trader turns to IT to make fast fashion faster

    HONG KONG -- Li & Fung is planning to spend $150 million over three years building an online system to achieve greater efficiency in its apparel product operations.The Hong Kong trading giant is striving to stop the steady decline of sales because o

    April 26, 2017 03:15 pm JST
  • Canola surges on Chinese demand

    TOKYO/HONG KONG -- Canola prices have been recovering since the start of April driven by robust demand from China.The global benchmark for canola traded at Intercontinental Exchange Futures Canada rose above 530 Canadian dollars ($390.56) per ton on

    April 26, 2017 02:50 pm JST
  • Hong Kong stocks climb for third day as casinos rally

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a third day of advances as an overnight rally on Wall Street kept investor spirits high and Wynn Macau paced gains among casino stocks after reporting earnings.The Hang Seng Index added 0.6%

    April 26, 2017 02:26 pm JST