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  • Hong Kong shares flat as oil slump counters positive US stock cues

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed as a slump in oil prices that dragged energy producers lower eroded gains stemming from Wall Street's sixth consecutive day higher.The Hang Seng Index was up less than 0.1% at 25,637

    May 26, 2017 03:14 pm JST
  • Geely underlines global ambitions in wake of Proton deal

    HONG KONG -- Top management of the listed arm of Zhejiang Geely Holding said they hope to turn the carmaker into a global player, just a day after its parent company announced a deal to acquire a 49.9% stake in Malaysia's struggling Proton Holdings.

    May 26, 2017 01:12 am JST
  • East Asian workers remarkably disengaged

    TOKYO -- Workers in East Asia are much less engaged in their jobs than their counterparts in the rest of the world, a recent survey by Gallup shows. Experts say East Asian companies need to alter their management styles before disengaged workforces

    May 25, 2017 10:40 pm JST
  • Hong Kong shares set fresh 22-month peak as Lenovo, developers climb

    HONG KONG (Nikkei Markets) -- Hong Kong shares scaled fresh 22-month highs as investors interpreted discussions at the U.S. Federal Reserve's latest meeting as suggesting the central bank may raise rates in June, but remain cautious beyond.The Hang

    May 25, 2017 07:19 pm JST
  • Mainland ties drag down Hong Kong credit score

    HONG KONG - A day after China's sovereign debt rating downgrade, Hong Kong, by virtue of its links with the mainland, also saw its credit rating fall, despite robust fiscal strength.Credit agency Moody's on Thursday cut the special administrative re

    May 25, 2017 04:00 pm JST
  • Hong Kong shares head for fifth advance after Fed meeting minutes

    HONG KONG (Nikkei Markets) -- Hong Kong shares set course for a fifth day higher following a decline in U.S. bond yields and the dollar after the Federal Reserve's meeting minutes reinforced expectations of a rate increase next month, but signaled c

    May 25, 2017 03:34 pm JST
  • Asian companies shine in Forbes Global 2000

    TOKYO -- Chinese banks topped the list and a slew of Asian corporations were featured in the Forbes Global 2000 ranking of the world's largest and most powerful public companies, reflecting the region's growing economic clout.Industrial and Commerci

    May 25, 2017 02:30 pm JST
  • Shenzhen Investment sells property assets to Evergrande for $788 mln

    HONG KONG (Reuters) -- Shenzhen Investment Ltd said it would sell four property and hotel assets to China Evergrande Group for 5.42 billion yuan ($788 million), walking away from projects in third and fourth-tier cities to enhance its financial posi

    May 25, 2017 01:46 pm JST
  • Company in focus: Hong Kong's MTR gets praise abroad but criticism at home

    HONG KONG Long before any talk of belts and roads, MTR looked beyond the territory for expansion.But it was not until recently that the monopoly operator of Hong Kong's profitable metro system said it wanted to do business in Southeast Asia. With a

    May 25, 2017 10:00 am JST
  • Singapore Airlines and Cathay Pacific set a new course for survival

    SINGAPORE The rise of budget airlines and powerful emerging carriers from the Middle East and China is forcing two of Asia's best-known players, Singapore Airlines and Hong Kong's Cathay Pacific Airways, to rethink the way they do business.Singapore

    May 25, 2017 10:00 am JST
  • Guarded optimism greets China's Bond Connect program

    HONG KONG As part of efforts to internationalize its currency and fledgling capital market, China has announced a new channel for foreign investors to access its $9 trillion onshore debt market via Hong Kong. But the so-called Bond Connect is unlike

    May 25, 2017 10:00 am JST
  • Chinese state-owned bank spinoffs continue

    HONG KONG Instead of seeing fresh names coming forward, Hong Kong's listing market so far this year has been largely a case of deja vu, with the bigger deals mostly being launched by established Chinese corporations seeking to capitalize on their as

    May 25, 2017 10:00 am JST
  • Japan welcomes a record number of tourists in April

    TOKYO Summer is on its way and Japan's tourism industry has plenty to smile about. The number of foreign visitors to the country topped 2.57 million in April, the highest ever total for a single month.The figure represents a 23.9% rise from a year e

    May 25, 2017 10:00 am JST
  • AI takes its place 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, or even a human being. It is an artificial i

    May 25, 2017 10:00 am JST
  • Yanfei Li

    Services the next frontier in Asian energy revolution

    Modern life is characterized by a constant quest for energy. Every day, we refill our gas tanks, charge our phones or replace the batteries in our devices. This need for energy can provoke anxiety when we cannot find power plugs to charge our laptop

    May 25, 2017 12:15 am JST
  • Hong Kong shares erase losses, shrugging off Moody's China downgrade

    HONG KONG (Nikkei Markets) -- Hong Kong shares managed to squeeze out a fourth consecutive advance as traders seemed to take Moody's Investors Service's downgrade of China's credit ratings in their stride. Cathay Pacific Airways and property develop

    May 24, 2017 07:45 pm JST
  • Hong Kong shares edge lower after Moody's cuts China rating

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell after Moody's Investors Service downgraded China's sovereign rating by a notch on concern over eroding financial strength and slowing growth potential. Shanghai equities headed toward a seven-month

    May 24, 2017 02:02 pm JST
  • EY: Asian millennials more likely to bend corporate rules

    HONG KONG -- Compared to other age groups, millennials might be more audacious and willing to subvert conventions. Yet, they are also more prone to compromising business ethics for survival despite professed aversion to working for unprincipled comp

    May 24, 2017 02:05 am JST
  • Hong Kong police arrest 21 Uber drivers

    HONG KONG (Reuters) -- Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of a clamp down against Uber Technologies Inc's operations in the Asian financial city.The arrests marked the latest upset for the San Francis

    May 23, 2017 08:50 pm JST
  • Hong Kong shares perched at 22-month highs thanks to casinos, insurers

    HONG KONG (Nikkei Markets) -- Hong Kong shares crept up to new 22-month highs on Tuesday, as gains by casino operators and insurers helped overshadow losses for the city's property developers.The Hang Seng Index added less than 0.1% to 25,403.15, it

    May 23, 2017 08:00 pm JST