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  • China Unicom shares halted, market awaits unveiling of ownership reform

    HONG KONG (Reuters) -- Shares in China Unicom Hong Kong Ltd were halted from trade on Wednesday pending the release of a statement - a suspension that comes amid market expectations of imminent reform to the ownership structure of its state-owned pa

    August 16, 2017 01:19 pm JST
  • South Asian literary duel highlights festival boom

    LONDON -- On either side of the River Thames, two nations often in conflict were recently unified by a single topic, with simultaneous panels sharing stories of the event that gave birth to both: the partition of British India into India and Pakista

    August 16, 2017 12:08 pm JST
  • Hitachi to offer 'internet of things' security service in China

    TOKYO -- Hitachi will bring its "internet of things" expertise to offer all-in-one monitoring of elevators, staff entry and power usage at office buildings in China, hoping to spur sales of its hardware there as well.China has undergone rapid urbani

    August 16, 2017 12:05 pm JST
  • India, China soldiers involved in border altercation - Indian sources

    NEW DELHI/SRINAGAR, India (Reuters) -- Indian and Chinese soldiers were involved in an altercation in the western Himalayas on Tuesday, Indian sources said, further raising tensions between the two countries which are already locked in a two-month s

    August 16, 2017 10:09 am JST
  • China regains spot as largest foreign US creditor

    WASHINGTON (Reuters) -- China purchased the most Treasuries in six years in June, vaulting past Japan as the largest overseas lender to the U.S. government, according to data released by the U.S. Treasury Department on Tuesday.The world's second big

    August 16, 2017 05:56 am JST
  • US leans harder on China with trade probe threat

    WASHINGTON -- The U.S. threat of an investigation into alleged intellectual property thefts reflects President Donald Trump's frustration with Beijing in trying to enlist its help to defuse the increasingly tense North Korea standoff.Trump authorize

    August 16, 2017 05:37 am JST
  • IMF urges greater transparency in China's capital curbs

    BEIJING -- The International Monetary Fund pressed China to improve consistency and transparency in its capital flow restrictions rolled out last summer, in light of mounting complaints from Japanese, U.S. and European companies.The organization hig

    August 16, 2017 05:10 am JST
  • Exclusive

    Alibaba to cash in on Japan's nascent e-payment market

    TOKYO -- China's e-commerce leader Alibaba Group Holding will bring a version of its hit smartphone-based payment platform to Japan as early as next spring, hoping the simple technology will convince many cash-reliant shoppers here to go digital.The

    August 16, 2017 02:14 am JST
  • Trade war fears cast shadow over Chinese yarn-maker Texhong

    HONG KONG -- Growing threats of a trade war between China and the U.S. are concerning Texhong Textile Group, which has shifted assembly lines to regional countries for lower production costs.The Shanghai-based yarn and garment maker told reporters o

    August 16, 2017 01:13 am JST
  • Next 'big short' becomes a market preoccupation

    TOKYO -- "What is your big short?"Hedge fund managers and investment bankers are tossing this question around a lot these days -- prompted, perhaps, by the 10th anniversary of BNP Paribas' suspension of funds exposed to the U.S. subprime mortgage pr

    August 15, 2017 10:24 pm JST
  • Commodities eye

    That rumbling you hear is China's hunger for beef

    TOKYO -- China's swelling appetite for beef is having a global impact, with Brazilian and U.S. exporters benefiting from the lifting of import bans, and Japanese and Southeast Asian buyers bracing for higher prices amid competition with Chinese riva

    August 15, 2017 04:00 pm JST
  • Sunny Optical stock renews intraday high after 150% profit leap

    HONG KONG -- Sunny Optical Technology (Group) shares touched a new intraday high for the second straight session on Tuesday morning, after the company's first-half results surpassed analysts' expectations.The stock at one point hit 111.80 Hong Kong

    August 15, 2017 03:54 pm JST
  • Asian equity markets extend gains as North Korea holds fire

    HONG KONG (Nikkei Markets) -- Asian equity markets extended gains on Tuesday after North Korea's leader signaled the country would hold off on any decision to fire missiles toward the U.S. territory of Guam, helping lift investor sentiment.The Nikke

    August 15, 2017 02:28 pm JST
  • Anthony Couse

    Retail in Asia may finally be turning a corner

    Stung by acute challenges in the last decade, the gloom pervading the retail sector may soon be lifting in several Asian cities. The ubiquity of e-commerce has long been blamed for the doldrums, and there are some chilling figures underpinning it. R

    August 15, 2017 01:00 pm JST
  • North Korea's Kim holds off on Guam plan; U.S says it can intercept missile

    SEOUL/WASHINGTON (Reuters) -- North Korea's leader has delayed a decision on firing missiles towards the U.S. territory of Guam while he watches the actions of the United States a little longer, the North's state media said on Tuesday, as Washington

    August 15, 2017 10:24 am JST
  • 2 years after blasts, Tianjin leads campaign to worship Xi

    TIANJIN, China -- This coastal city has worked assiduously to foster loyalty to President Xi Jinping since the warehouse explosions that claimed some 170 lives here two years ago, a devastating incident that has given rise to conspiracy theories cha

    August 15, 2017 09:40 am JST
  • Germany's Kuka arms self-driving cart for bigger factory role

    TOKYO -- Kuka, one of the world's leading makers of industrial robots, is expanding its lineup with a self-driving assistant capable of picking parts off shelves and handing them to human workers.The Germany-based group, which came under the wing of

    August 15, 2017 06:08 am JST
  • Trump orders inquiry into Beijing's intellectual property policy

    WASHINGTON -- President Donald Trump on Monday directed U.S. Trade Representative Robert Lighthizer to weigh investigating the alleged theft of American intellectual property by China, a move likely intended to push Beijing to take a harder line aga

    August 15, 2017 06:06 am JST
  • Cooling of real estate fever ripples through Chinese economy

    BEIJING -- China's frenzied real estate market eased in the January-July period as monetary tightening and other market-cooling measures set in, with the effects becoming widespread to blunt growth in the larger economy.The impact of the government

    August 15, 2017 05:00 am JST
  • Analysts see Tencent posting 25% net profit growth for April-June

    HONG KONG -- As Tencent Holdings gears up to release its April-June results this week, market expectations for earnings growth are high in light of the Chinese company's booming game operations, which account for some 70% of overall sales.Ahead of t

    August 15, 2017 02:28 am JST