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  • So who were the winners after tumultuous week?

    TOKYO -- Darkness often makes the stars stand out more. As the shades of black market sentiment fell this week, there were some stocks which shone.On Friday the stock market ended the week with another massive decline. Growing inflation expectations

    February 9, 2018 10:16 pm JST
  • Nikkei Asia300 Index slumps tracking Wall Street turmoil

    MUMBAI (NewsRise) -- Asian stocks outside of Japan tumbled Friday, after U.S. markets plunged for a second time this week amid lingering concerns over climbing bond yields.The Nikkei Asia300 Index dropped 2.5% to 1,390.81, taking its losses for the

    February 9, 2018 08:32 pm JST
  • China's Tencent to invest $474 mln in Shanda Games

    BEIJING/SHANGHAI (Reuters) -- China's Tencent Holdings will invest 3 billion yuan ($474 million) in smaller peer Shanda Games, the target firm said in a statement to Reuters on Friday, a move that will boost Tencent's lead in the local video game ma

    February 9, 2018 07:44 pm JST
  • Hong Kong stock market posts worst weekly loss since 2008

    HONG KONG (Nikkei Markets) -- Hong Kong stocks posted their worst week on Friday since the depths of the global financial crisis in 2008, as regional markets were slammed by the fear of higher interest rates that led to another sell-off in U.S. equi

    February 9, 2018 07:39 pm JST
  • China's SMIC vows to advance technology despite flagging profits

    TAIPEI -- China's homegrown contract chipmaker, Semiconductor Manufacturing International Co., on Friday vowed to play catch-up in its chip technologies with the help of government support, despite deteriorating profits and a slowing mobile market.C

    February 9, 2018 06:59 pm JST
  • China stocks lead Friday's Asian sell-off after US plunge

    TOKYO -- Asian shares were sold off across the board on Friday, as investors responded to another Wall Street plunge that put U.S. stocks into correction territory overnight.Chinese shares led the decline during the Asian trading day. The Hong Kong

    February 9, 2018 06:47 pm JST
  • Maldives unrest shapes into proxy fight for China and India

    NEW DELHI -- The growing political turmoil in the Maldives is threatening to become a major flashpoint between India and China, with the regional giants supporting opposite sides of a rapidly evolving situation.Known for its beach resorts, the Maldi

    February 9, 2018 04:00 pm JST
  • Datawatch

    The rise of Chinese groups applying for US patents -- in 3 charts

    LONDON -- Beijing has urged Chinese companies to go out and conquer Western markets, and a handful of the country's most innovative businesses have launched ambitious research and development drives. All that intellectual property, however, has to b

    February 9, 2018 03:10 pm JST
  • Hong Kong shares set to erase 2018 gains as sell-off deepens

    HONG KONG (Nikkei Markets) -- Hong Kong's Hang Seng Index on Friday fell below 30,000 for the first time this year, after indexes on Wall Street tumbled overnight as the specter of tightening monetary policy across the developed world worried invest

    February 9, 2018 02:31 pm JST
  • China's Didi, SoftBank to roll out taxi venture in Japan

    SHANGHAI/TOKYO (Reuters) -- China's Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to urban transport.The mo

    February 9, 2018 01:26 pm JST
  • China developers build on the sly, flouting green push

    DANZHOU, China -- Environmental concerns over land reclamation in China's tropical island province of Hainan have brought a flurry of resort and condominium work on an artificial island to a halt -- at least until the sun goes down.Just off the coas

    February 9, 2018 01:00 pm JST
  • China January inflation eases even as global price anxiety grows

    BEIJING (Reuters) -- China's producer and consumer inflation eased as expected in January, even as global stock markets nosedive on fears that price pressures are slowly building in the United States and Europe.A moderation in Chinese inflation woul

    February 9, 2018 12:36 pm JST
  • Business Insight

    The extraordinary power of China's corporate 'mega ecosystems'

    Some observers have criticized China's market economy for lacking the "creative destruction" that is said to give Western capitalism its lasting vitality.Such doubts are misplaced as the new year is likely to underscore. In recent weeks, Didi Chuxin

    February 9, 2018 12:20 pm JST
  • China's car-sharing market draws in big auto players

    BEIJING -- Major Chinese automakers are jumping into the fast-growing car-sharing market as they gear up to increase sales of environmentally friendly vehicles in line with a government push.FAW Group aims to play catch-up with car-sharing front-run

    February 9, 2018 07:44 am JST
  • US, China reaffirm commitment to pressure North Korea: State Dept

    WASHINGTON (Reuters) -- U.S. Secretary of State Rex Tillerson and China's top diplomat Yang Jiechi on Thursday reaffirmed their countries' commitment to exert pressure in Pyongyang over its nuclear weapons, the U.S. State Department said.Yang was on

    February 9, 2018 07:14 am JST
  • China's HNA to sell U.S. properties worth $4bn: Bloomberg

    China's aviation-to-financial services conglomerate HNA Group Co is putting up for sale commercial properties worth $4 billion in New York, Chicago, San Francisco and Minneapolis, in efforts to avert a liquidity crunch, Bloomberg reported.The proper

    February 9, 2018 03:54 am JST
  • Nissan CEO sees China overtaking US as biggest market by 2022

    YOKOHAMA (Reuters) -- Nissan Motor Co expects China to overtake the United States as the Japanese automaker's biggest market in terms of vehicle sales by 2022, Chief Executive Officer Hiroto Saikawa said on Thursday."We're placing strong focus on in

    February 8, 2018 09:44 pm JST
  • Nikkei Asia300 Index posts first gain of week

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday as investors stepped up purchases after three days of losses even as they awaited cues on where the U.S. inflation could be headed.The Nikkei Asia300 Index rose 0.7% to 1,425.88, after

    February 8, 2018 08:24 pm JST
  • Hong Kong stocks halt five-day losing streak

    HONG KONG (Nikkei Markets) -- Hong Kong's main stock index rose for the first time in six days on Thursday, as heavyweights Tencent Holdings and AIA Group found buying support even as Chinese companies listed in the city fell on the back of losses i

    February 8, 2018 07:28 pm JST
  • Hong Kong market flat amid falls in Chinese shares

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed on Thursday after a choppy morning trading session.The Hang Seng Index was up 0.06% at 30,342.53 at noon after rising as much as 1.4% in the early minutes of the morning session. Pin

    February 8, 2018 02:25 pm JST