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  • AIA, Tencent declines position Hong Kong shares for first loss in five days

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for their first decline this week, led by technology heavyweight Tencent Holdings and insurer AIA Group, as investors seemed to take a breath after solid recent advances.The Hang Seng Index shed

    July 28, 2017 02:30 pm JST
  • Hang Lung Properties upbeat on China retail

    HONG KONG -- The reshoring of luxury spending in mainland China appears to have eased pressure on premium shopping mall operators, which have been under rising threat from e-commerce and a slowing economy in recent years.Ronnie Chan Chi-chung, chair

    July 27, 2017 11:46 pm JST
  • Belle delists from Hong Kong exchange ahead of digital revamp

    HONG KONG -- Chinese footwear retailer Belle International has called time on its listing a decade after it made its debut on the Hong Kong Stock Exchange, to pave the way for a belated digital revamp aimed at reviving a struggling business hit hard

    July 27, 2017 07:31 pm JST
  • Developers push Hong Kong share gauge atop 27,000 on Fed relief

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a fourth day of gains, sending the benchmark equity index above 27,000, with property stocks rallying as investors took kindly to the U.S. Federal Reserve's latest policy review.The Hang Seng

    July 27, 2017 02:26 pm JST
  • Amazon launches Prime Now in Singapore

    SINGAPORE (Reuters) -- Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's push into populous Southeast Asia and its first head-on battle with its Chinese rival, Alibaba Group Holding.While

    July 27, 2017 12:39 pm JST
  • Hyundai struggles for traction in China and US

    SEOUL/SHANGHAI "We'll give you an additional discount of 7,000 yuan ($1,035) on top of the 20,000 yuan," salesman Zhao Wenxi told a potential customer in mid-July at a Shanghai dealership of South Korea's Hyundai Motor.The popular Tucson SUV model t

    July 27, 2017 10:00 am JST
  • Spring Airlines targets China's ascendant middle class

    Executives from some of Asia's most influential companies gathered in Bangkok on July 14 for the second Nikkei Asia300 Global Business Forum. In a series of interviews on the sidelines, we asked some of the participants to elaborate on their busines

    July 27, 2017 10:00 am JST
  • Tencent's gaming triumph draws a backlash

    Several months ago, Sequoia Capital China, a venture capital firm, noted that traffic had dropped dramatically on Chinese websites in which it had invested. The list included Toutiao, a news provider, Sina Weibo, a news and microblogging site, and o

    July 27, 2017 10:00 am JST
  • Asian investment is turning Ethiopia into textile hub

    ADDIS ABABA, Ethiopia The East African country of Ethiopia is fast developing into a dynamic apparel-sourcing hub, as low labor costs draw in international clothing makers.Manufacturers from China, South Korea, India and other countries have opened

    July 27, 2017 10:00 am JST
  • Pain continues for South Korean companies over THAAD

    SEOUL/DALIAN, China -- Five months after Beijing and Seoul began openly clashing over the deployment of a U.S. missile shield in South Korea, the South's companies continue to suffer a significant dent to their business in China from retaliatory mea

    July 27, 2017 09:18 am JST
  • Alibaba offering marketing tool to Japanese e-tailers

    TOKYO -- Alibaba Group Holding is offering Japanese companies a sales promotion tool to help them step up e-retailing in China.By analyzing user data for Alibaba services, the Uni Marketing tool identifies customer profiles more likely to positively

    July 27, 2017 06:21 am JST
  • Lazada guiding parent Alibaba's Southeast Asian offensive

    HONG KONG -- Online retailer Lazada is working with parent Alibaba Group Holding to bring the Chinese heavyweight's popular online marketplace and suite of digital services to shoppers across Southeast Asia.The Singapore-based e-tailer added a new s

    July 27, 2017 12:35 am JST
  • Hyundai Motor's net profit halves in Q2 on poor China sales, sluggish US demand

    SEOUL -- Hyundai Motor's net profit in the second quarter halved from a year ago, due to a sharp drop in sales in China as well as sluggish demand in the U.S., the company said Wednesday.Hyundai's net profit dropped 48.2% to 914 billion won in the A

    July 26, 2017 06:54 pm JST
  • Hong Kong shares tread water after index tops 27,000, with casinos down

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed, with the benchmark equity index losing early gains after briefly topping 27,000, as weak casino operators helped offset robust gains for energy producers.The Hang Seng Index added l

    July 26, 2017 02:58 pm JST
  • Aging Asia's trillion-dollar business opportunity

    As Asia ages, businesses catering to the elderly are swelling along with the demographic. So alluring is the growth potential that even companies with no prior experience in this segment are rushing in, from property developers to newspaper operator

    July 26, 2017 11:59 am JST
  • LG to build China's first large-panel OLED plant

    SEOUL -- South Korea's LG Display announced Tuesday it will build what is to be China's first production plant for large OLED panels, which are coming into greater use in televisions and digital signage.OLED panels are attracting attention because t

    July 26, 2017 04:08 am JST
  • Hong Kong rail deal prompts 'One country, one system' fears

    HONG KONG -- Hong Kong is to "lease" an area to the Chinese authorities for law enforcement at the terminus of a high-speed railway linking the territory to southern China, in a move that is seen as a breach of its governing "one country, two system

    July 26, 2017 01:20 am JST
  • HNA unveils New York-based charity as controlling shareholder

    HONG KONG -- Acquisitive Chinese outbound investor HNA Group has openly disclosed its shareholding structure for the first time amid rising concerns that Beijing's deleveraging campaign might choke lending to the company which has largely fueled its

    July 25, 2017 11:00 pm JST
  • Hong Kong shares hang on to 25-month highs on HSBC jump, China flows

    HONG KONG (Nikkei Markets) -- Hong Kong shares clung to 25-month highs as heavyweight HSBC Holdings's late rally and sustained inflows from China helped offset weakness for the city's property developers.The Hang Seng Index added less than 0.1% to 2

    July 25, 2017 08:19 pm JST
  • Hong Kong shares little changed as techs advance, developers retreat

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed, with financial and technology companies climbing amid fund flows from China while property developers treaded water before the U.S. Federal Reserve's policy review.The Hang Seng Ind

    July 25, 2017 02:38 pm JST