Search results

Results 1 - 20 of 3847
  • Chinese companies push Hong Kong shares higher

    HONG KONG (Nikkei Markets) -- Hong Kong shares eked out small gains by the noon lunchbreak on Friday, as mainland companies listed in the city extended gains after China's better-than-expected report on economic growth.The Hang Seng Index was up 0.1

    January 19, 2018 02:11 pm JST
  • Woes deepen for China's smaller smartphone makers

    TAIPEI -- The recent struggles of Gionee and LeEco are raising doubts about whether second-tier Chinese smartphone makers can survive slowing domestic demand for handsets.According to reports from Chinese media outlets earlier this week, a Chinese c

    January 19, 2018 11:30 am JST
  • Hong Kong activist fund presses GMO Internet on governance

    TOKYO -- Hong Kong-based activist fund Oasis Management is demanding that Japan's GMO Internet strengthen corporate governance, calling for such steps as doing away with takeover defenses.The fund wants GMO Internet, an internet services company bas

    January 19, 2018 03:06 am JST
  • Nikkei Asia300 Index advances, buoyed by Wall Street gains, China growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as U.S. indexes continued their record run and China's fourth-quarter economic growth exceeded expectations.The Nikkei Asia300 Index added 0.3% to close at 1,495.46.The S&P 500 Index

    January 18, 2018 09:00 pm JST
  • Beijing's Marriott web ban sends warning to multinationals

    HONG KONG -- China's temporary ban on Marriott International's Chinese websites was a warning to international companies that they must comply with the Communist Party's political agenda if they want to do business in the world's second largest econ

    January 18, 2018 08:39 pm JST
  • Hong Kong stock market hits record on upbeat China data

    HONG KONG (Nikkei Markets) -- Strong fund inflows and a rally by Chinese banks powered Hong Kong's stock index to a fresh record high on Thursday after data showed Asia's largest economy expanded at a faster pace than expected.Government data releas

    January 18, 2018 08:12 pm JST
  • Geely-backed electric-car ride service raises 1 billion yuan

    HONG KONG (Nikkei Markets) -- Zhejiang Geely Holding Group, the controlling shareholder of Hong Kong-listed Chinese automotive group Geely Automobile Holdings, said its electric-car-hailing platform Cao Cao raised one billion yuan ($155.5 million) i

    January 18, 2018 05:08 pm JST
  • Chinese companies push Hong Kong's Hang Seng Index above 32,000

    HONG KONG (Nikkei Markets) -- Hong Kong's main equity gauge breached the 32,000-point level for the first time on Thursday, as index heavyweights and mainland financial stocks continued to draw investors in a New Year rally that has showed few signs

    January 18, 2018 02:14 pm JST
  • Better paydays are in store for Asia

    TOKYO Asian workers are expected to enjoy the highest real wage growth in the world in 2018 thanks to solid growth and changes in the region's economic structure, while their counterparts in Japan and the West will see wages stagnate amid budding in

    January 18, 2018 10:00 am JST
  • Company in focus: China's meat giant is ready to feed the world

    LUOHE, China As a child in the Chinese city of Qingdao, Wu Qionglin would curl up on a sofa watching television before dinner and munch on her favorite snack: a red plastic-wrapped sausage called wangzhongwang, or "king of the king," a processed-por

    January 18, 2018 10:00 am JST
  • Phillip Zhong: Hong Kong's property prices are perilously high

    It is always difficult to predict when a bubble may burst, but the current level of prices in the Hong Kong residential property market suggests that there could be a correction in 2018, if not a U.S.-style crash.Hong Kong property prices have more

    January 18, 2018 10:00 am JST
  • Nikkei Asia300 Index slips after U.S. equities drop from record highs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Wednesday, after U.S. equities retreated from record highs overnight and as investors awaited China's fourth-quarter economic data.The Nikkei Asia300 Index fell less than 0.1% to 1,49

    January 17, 2018 08:43 pm JST
  • New opera looks at the plight of Philippine domestic helpers

    HONG KONG -- The often difficult and isolated lives of Philippine domestic helpers working overseas have served as the inspiration for movies, documentaries, television shows, plays and books for years. Now comes an opera."Mila," a tragedy about a F

    January 17, 2018 07:44 pm JST
  • Hong Kong stocks reverse early losses to end at record high

    HONG KONG (Nikkei Markets) -- Hong Kong stocks ended Wednesday at a record high for a second straight day on buoyant investor sentiment and strong fund inflows, with technology major Tencent Holdings and Chinese banks helping the index recover from

    January 17, 2018 07:26 pm JST
  • Wanda sells landmark London project to pay down debt

    HONG KONG -- A Hong Kong-listed arm of Chinese conglomerate Dalian Wanda Group has agreed to sell a London skyscraper project to pay down debt amid Beijing's crackdown on "irrational" overseas deals.Wanda Hotel Development said in a Tuesday night st

    January 17, 2018 07:05 pm JST
  • Country Garden to raise HK$23.48 bln via share placement, bond issue

    HONG KONG (Nikkei Markets) -- Chinese developer Country Garden Holdings said Wednesday it plans to raise about HK$23.48 billion ($3 billion) via a placement of shares and a convertible bond issue to repay debt and meet general working capital needs.

    January 17, 2018 06:22 pm JST
  • Where are all the tourists in Japan coming from?

    TOKYO -- Japan's tourism bonanza shows no signs of abating. The country welcomed a record 28.6 million visitors from abroad in 2017, an increase of 19.3% on the year. Travelers also spent significantly more: 4.4 trillion yen ($39.68 billion), up 17.

    January 17, 2018 05:43 pm JST
  • Cover story

    Funerals for the 21st century: Asia's new ways to say goodbye

    TOKYO/HONG KONG -- On a recent Saturday afternoon on the roof deck of a small ship in Tokyo Bay, 13 passengers sat in somber silence as the vessel chugged its way to the middle of the inlet. The tortured lyrics of John Lennon's 1970 song "Mother" wa

    January 17, 2018 03:00 pm JST
  • Energy shares drag Hong Kong stocks off record high

    HONG KONG (Nikkei Markets) -- Hong Kong's Hang Seng Index came off a record high on Wednesday, with energy producers facing pressure after global crude oil prices retreated.The Hang Seng Index had lost 0.6% to 31,724.05 by the noon break after closi

    January 17, 2018 02:15 pm JST
  • Hong Kong democracy leader Joshua Wong jailed a second time for 2014 protest

    HONG KONG (Reuters) -- Hong Kong democracy activist Joshua Wong, 21, was sentenced to a second jail term of three months on Wednesday for his role in the 2014 pro-democracy "Umbrella Movement" street occupations.Wong had chosen not to fight the cont

    January 17, 2018 01:01 pm JST