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  • HNA in talks to sell stake in Hilton Grand Vacations

    HNA Group Co., one of China's biggest private companies, is looking to further cash out its stakes in companies related to the Hilton hotel chain roughly a year after becoming a major shareholder.The Chinese conglomerate is in discussions to sell a

    March 13, 2018 06:35 am JST
  • Lenovo adopts Japanese-style quality checks at PC plants

    TOKYO -- Lenovo Group has introduced rigorous Japanese-style product quality checks at factories in China to address complaints from customers in Japan.The Chinese computer maker has brought some of the proprietary inspection procedures developed at

    March 13, 2018 03:02 am JST
  • Amazon to enter Vietnam in challenge to Alibaba

    HO CHI MINH CITY -- is to officially launch its e-commerce services in Vietnam, with the aim of taking on Chinese rival Alibaba Group Holding in one of the fastest-growing e-tailing markets in the world.The U.S. company has partnered with

    March 12, 2018 10:05 pm JST
  • Nikkei Asia300 Index jumps as US jobs data fuel equity gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan jumped Monday, as subdued U.S. wage growth eased fears the Federal Reserve may raise its interest rate outlook at its next meeting.The Nikkei Asia300 Index rose 1.7% to 1,476.76. Energy companies ad

    March 12, 2018 08:43 pm JST
  • China's Xi says looks forward to smooth US-North Korea talks

    BEIJING (Reuters) -- China is looking forward to smooth talks between the United States and North Korea, President Xi Jinping told the head of South Korea's National Security Office on Monday, state media said.Chung Eui-yong is visiting China to dis

    March 12, 2018 08:40 pm JST
  • Hong Kong shipping group OOIL wary of a Trump trade war

    HONG KONG -- Orient Overseas (International) Ltd, the Hong Kong-based shipping company that is awaiting approval for a takeover by Chinese state-owned Cosco Shipping Holdings, is upbeat on the trade recovery, but concerned about the potential trade

    March 12, 2018 08:25 pm JST
  • Soft demand for iPhone X dents Taiwan tech sales

    TAIPEI -- The revenue of major Taiwanese tech companies declined year-on-year for the first time in 15 months in February, hit by lackluster iPhone X demand, a slowing mobile market and fewer working days due to a shorter month and the Lunar New Yea

    March 12, 2018 08:20 pm JST
  • Hong Kong shares rise for third straight day

    HONG KONG (Nikkei Markets) -- Hong Kong shares climbed for a third consecutive day on Monday, with improved sentiment driving broad market gains on easing concerns about a global trade war and upbeat U.S. economic data.The Hang Seng Index ended the

    March 12, 2018 07:09 pm JST
  • Tencent video unit buys stake in Chinese production house for $524mn

    HONG KONG (Nikkei Markets) -- Shenzhen-listed film and television company Beijing Enlight Media said it sold its entire 27.64% stake in Chinese production house New Classics Media for 3.32 billion yuan ($524 million) to an affiliate of social-media-

    March 12, 2018 04:42 pm JST
  • Hong Kong democracy movement hit by election setback

    HONG KONG -- Hong Kong's pro-democracy camp failed to win enough seats to be able to veto government bills in the city's legislature in a by-election on Sunday, having recaptured just two positions vacated by disqualified lawmakers.The results furth

    March 12, 2018 03:59 pm JST
  • Asia's lively LNG spot market spurs rush to derivatives

    TOKYO/BEIJING -- More of the liquefied natural gas market, typically dominated by long-term fixed contracts, is obeying the law of supply and demand. A number of factors are at play, including China's industrial policies.A result is derivatives tran

    March 12, 2018 03:57 pm JST
  • Hong Kong shares extend gains on easing trade fears

    HONG KONG (Nikkei Markets) -- Hong Kong shares extended their gains on Monday, after receding fears of a global trade war and upbeat U.S. economic data bolstered U.S. equities on Friday.The Hang Seng Index had climbed 1.5% to 31,469.17 by the noon b

    March 12, 2018 02:39 pm JST
  • Sreeram Chaulia

    India belatedly boosts naval competition with China

    The signing of a military agreement between India and France granting mutual access to naval bases is a clear indication that India is ramping up its defense diplomacy in response to China's growing presence in the Indian Ocean.The March 10 deal was

    March 12, 2018 02:00 pm JST
  • As Myanmar eats more meat, Sumitomo to sell drugs for livestock

    TOKYO -- Japanese trading house Sumitomo Corp. is set to start selling drugs for animals in Myanmar later in March as part of an effort to enlarge its presence in what it expects to be a lucrative global market for drugs for livestock and pets.The c

    March 12, 2018 01:30 pm JST
  • China up close

    Next phase of Belt and Road: Xi's own military-industrial complex

    BEIJING -- Reporters covering the National People's Congress, China's parliament, headed to a Beijing hotel on March 6 to watch Chen Min'er, the Communist Party secretary of Chongqing and a rising star in Chinese politics. Chen is a confidant of Pre

    March 12, 2018 01:16 pm JST
  • William Pesek

    Broadcom's bid for Qualcomm stokes Trump's China fears

    In the Donald Trump political-industrial complex, all roads lead to China.But other countries risk getting trampled along the way. Take steel and aluminum exporters suddenly confronting White House tariffs -- 25% on steel and 10% on aluminum. China

    March 12, 2018 07:00 am JST
  • Door opens to lifetime rule as China scraps presidential term limit

    BEIJING -- China on Sunday abolished term limits on the presidency, opening a path for President Xi Jinping to rule the country as he pleases for decades to come, absent some unforeseen blow to his substantial political support.The National People's

    March 12, 2018 05:27 am JST
  • Xi's swift strike on term limits left no time for opposition

    BEIJING -- The rapid speed at which Chinese President Xi Jinping rushed through a constitutional amendment abolishing limits on his time in office gave little time for the steep opposition from some quarters in the Communist Party to block the measu

    March 12, 2018 05:27 am JST
  • Nippon Steel looks west as Trump turns protectionist

    TOKYO -- Nippon Steel & Sumitomo Metal is on a westward expansion path, perhaps a good direction considering the tide of tariffs and protectionism rising on the other side of the Pacific.After being on the defensive for four years under President Ko

    March 12, 2018 12:43 am JST
  • Buddhist mobs threaten Sri Lanka's fragile ethnic peace

    COLOMBO -- Roving mobs of Buddhist nationalists have been rampaging through two areas of Sri Lanka for days, straining the South Asian country's fragile ethnic peace and forcing the government to declare a state of emergency and deploy troops. The v

    March 11, 2018 12:50 pm JST