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  • Wall Street rally leads Nikkei Asia300 Index higher

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan rose on Wednesday after all three major U.S. indexes scaled record highs overnight. Regional energy producers advanced as global crude prices headed for a second day higher.The Nikkei Asia300 Ind

    November 22, 2017 08:15 pm JST
  • Hong Kong stock index ends above 30,000 for first time in decade

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose for a fifth straight day on Wednesday, sending the Hang Seng Index to a close above 30,000 for the first time in 10 years, as banks rallied on upbeat signals from China and the U.S.The 50-stock gau

    November 22, 2017 08:04 pm JST
  • Credit tightening 'dominoes' threaten Asia with hidden risks

    HONG KONG/SINGAPORE -- With Asia's economies humming along, consumer prices rising and the U.S. edging toward higher interest rates, markets have been unloading Asian government bonds and sending long-term interest rates soaring. Expectations are gr

    November 22, 2017 07:50 pm JST
  • China says it respects Mugabe's decision to resign

    BEIJING (Reuters) -- China said on Wednesday that it respects Robert Mugabe's decision to resign as Zimbabwe's president, a week after the African country's army and Mugabe's former political allies moved to end his four decades of rule.The 93-year-

    November 22, 2017 06:04 pm JST
  • Alibaba 'almost destroyed' in early days, says Jack Ma

    HONG KONG -- Jack Ma Yun, founder and chairman of Alibaba Group Holding, one of China's most successful startups, said that his company was "almost destroyed" in its early days due to hiring senior executives from established companies.Startups shou

    November 22, 2017 05:49 pm JST
  • Hang Seng Index breaches 30,000 after Wall Street hits highs

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for fresh 10-year highs in heavy trading on Wednesday, as investors bought into mainland financial heavyweights after all three major U.S. indexes scaled record highs overnight.By noon, the Hang

    November 22, 2017 02:59 pm JST
  • LCD panel prices plunge as television sales dip in US, China

    TOKYO -- Bulk rates for liquid crystal display panels have crashed by 10-20% since the start of the year depending on size, amid struggling sales of flat-screen televisions in the U.S. and China.Large-lot buyers are paying roughly $67 apiece in the

    November 22, 2017 01:50 pm JST
  • China hopes for stable partner in Zimbabwe after Mugabe

    JOHANNESBURG -- On Saturday, tens of thousands of people gathered on the streets of Zimbabwean capital Harare to demand the ouster of their long-ruling President Robert Mugabe. But the 93-year-old leader was not the only target of Zimbabweans' ire t

    November 22, 2017 01:45 pm JST
  • State enterprises profit in China's manufacturing crackdown

    BEIJING -- As China squeezes its manufacturing sector to address overproduction and environmental damage, small private-sector businesses are feeling the brunt of the pain while state enterprises remain largely unscathed.The government is leading an

    November 22, 2017 01:00 pm JST
  • James Stavridis

    China's military power already on par with US in East Asia

    In his recent study of U.S.-China relations, Harvard professor Graham Allison provocatively asks whether the two superpowers of the 21st century are destined for war. After studying similar situations over the past 2,500 years -- when a rising power

    November 22, 2017 11:06 am JST
  • Former China internet regulator probed for suspected graft

    BEIJING (Reuters) -- The former head of China's powerful internet regulator is under investigation for suspected corruption, the ruling Communist Party said on Tuesday, the latest senior official to be caught up in a sweeping campaign against graft.

    November 22, 2017 10:43 am JST
  • Asian countries water down criticism of North Korea

    MANILA -- Several but not all of the 18 participants at the recent East Asia Summit slammed North Korean weapons development in a statement released Tuesday, likely in a nod to Chinese and Russian hopes of bringing Pyongyang back to the negotiating

    November 22, 2017 08:13 am JST
  • US aims for 'maximum pressure' on North Korea

    WASHINGTON/BEIJING/SEOUL -- By designating North Korea as a state sponsor of terrorism for the first time in nearly a decade, the U.S. has signaled that appeasement may no longer be an option in dealing with the rogue state.The designation "supports

    November 22, 2017 07:28 am JST
  • Ross Anthony

    China will navigate through Zimbabwe's troubles

    In the hours following the house arrest of Zimbabwean President Robert Mugabe last week, rumors swirled of Chinese involvement.The speculation was not entirely baseless. Just days before the coup, Gen. Constantino Chiwenga, Zimbabwe's military chief

    November 22, 2017 07:00 am JST
  • Itochu gets serious about selling Japanese goods online in China

    TOKYO -- Itochu and two partners are investing roughly 7.6 billion yen ($67.6 million) in an e-commerce venture selling Japanese goods to the Chinese market -- a move the trading house hopes will enhance its own forays into China's internet sector.T

    November 22, 2017 06:48 am JST
  • Japan business leaders seek a more investment-friendly China

    BEIJING -- Though the recent thaw in Sino-Japanese relations has been good for business, government constraints on foreign companies discourage investment in China, a Japanese business delegation told Premier Li Keqiang here Tuesday.Both sides prais

    November 22, 2017 03:28 am JST
  • China clamps down on micro-loan market; US-listed shares plunge

    BEIJING (Reuters) -- China's financial regulators on Tuesday took steps to clamp down on the fast-growing market for web-based micro-lenders, a credit sector Beijing has grown increasing worried about, sending shares of U.S.-listed shares of Chinese

    November 22, 2017 03:22 am JST
  • Chow Tai Fook: To open net 35-45 jewelry stores in China in fiscal second-half

    HONG KONG (Nikkei Markets) -- Chow Tai Fook Jewellery Group, the Hong Kong-based jewelry group, said it will open a net 35 to 45 points of sale for jewelry in mainland China during the fiscal second-half ending on March 31.The company plans to open

    November 21, 2017 10:20 pm JST
  • Nikkei Asia300 Index gains as Tencent, China insurers rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Tuesday, as index heavyweight Tencent Holdings' market capitalization crossed $500 billion. Chinese insurers rallied.The Nikkei Asia300 Index rose 1.1% to 1,411.97.Hong Kong-listed Chinese

    November 21, 2017 08:56 pm JST
  • Hong Kong shares close at highest level in more than 10 years

    HONG KONG (Nikkei Markets) -- Hong Kong stocks jumped on Tuesday to send the benchmark Hang Seng Index to its highest close in more than 10 years, with heavyweights Tencent Holdings, AIA Group and Ping An Insurance Group powering the advance.The Han

    November 21, 2017 08:16 pm JST