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  • 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
  • China bristles at US trade probe threat

    BEIJING -- China denounced Monday the threat of a trade probe by the Trump administration over alleged intellectual property thefts, arguing there was no future in a trade war.Foreign Ministry spokesperson Hua Chunying made the comments at a news co

    August 15, 2017 01:53 am JST
  • JD.com beats revenue expectations, boosted by robust anniversary sales

    HONG KONG -- China's second largest e-commerce company JD.com surprised investors with a revenue jump of 43.6% in the second quarter, boosted by robust sales during its mid-June anniversary event.Revenue for the three months to June 30 expanded to 9

    August 15, 2017 12:49 am JST
  • Alibaba lowers retail investor ceiling again on money market fund

    SHANGHAI -- China's Alibaba Group Holding on Monday imposed a lower cap on individual holdings in its 1.43 trillion yuan ($214 billion) online money market fund, an apparently voluntary move to restrict flows into a vehicle that regulators worry cou

    August 15, 2017 12:30 am JST
  • Meat supplier WH Group expands Europe presence amid Beijing's M&A curb

    HONG KONG -- Despite Beijing's wish to rein in outbound investments by Chinese companies, Henan-based pork producer and processor WH Group said on Monday that it had doubled down its investments in Poland in a bid to strengthen its foothold in conti

    August 15, 2017 12:19 am JST
  • Amid renewed N.Korea tensions, China appoints new special envoy

    BEIJING (Reuters) -- China has appointed a new special envoy for the North Korean standoff, the foreign ministry said on Monday, a relatively low-profile diplomat now in charge of Asian affairs, amid renewed international concern over China's nuclea

    August 14, 2017 09:44 pm JST
  • Nikkei Asia300 Index recovers from weekly loss as US inflation damps Fed rate hike bets

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rebounded from a weekly loss, tracking gains on Wall Street after slower-than-expected U.S. inflation data eased expectations of another rate increase this year.The Nikkei Asia300 Index add

    August 14, 2017 09:24 pm JST
  • William Pesek

    Asia is about to get Trumped, again, and again

    President Donald Trump is not known to sport tinfoil hats around the White House, despite a well-worn penchant for conspiracy theories and paranoia. But one storyline regarding aluminum foil makers should be of grave concern to Asian markets.On Aug.

    August 14, 2017 05:00 pm JST
  • China Unicom shares up as six-month profit increases 69%

    HONG KONG -- China Unicom (Hong Kong) shares bounced back sharply in Hong Kong on Monday after the telecommunications company announced a 69% increase in its net profit for the first six months of the year.The stock hit a high of 12.26 Hong Kong dol

    August 14, 2017 04:13 pm JST
  • Bitcoin secessionists' fate hinges on Chinese 'miners'

    BANGKOK -- It has been a turbulent few months for technologists, investors and regulators with an interest in bitcoin, the world's most widely circulated cryptocurrency. After weeks of market fluctuations, a long dispute over how to cope with surgin

    August 14, 2017 03:54 pm JST
  • Hong Kong stocks bounce off year's worst weekly loss on Tencent, financials

    HONG KONG (Nikkei Markets) -- Hong Kong stocks rebounded on Monday from their steepest weekly loss of 2017, with internet major Tencent Holdings and financial heavyweights pacing advances, signaling optimism geopolitical tensions over North Korea ma

    August 14, 2017 02:35 pm JST
  • China July factory output, retail sales, investment miss forecasts

    BEIJING (Reuters) -- China's factory output slowed more than expected in July while investment and retail sales also disappointed, reinforcing views that the world's second-largest economy is starting to lose some steam as lending costs rise and the

    August 14, 2017 01:23 pm JST
  • Ryan Hass

    Navigating China's post-congress landscape

    The Chinese Communist Party will hold its twice-per-decade party congress this fall to select its leaders for the next five years. In the coming weeks, much ink will be spilled speculating about President Xi Jinping's grip on power and his policy pr

    August 14, 2017 01:00 pm JST