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  • The highs and lows of China's massive tourist wave

    BANGKOK -- From Paris to Pretoria, and from New York to Yorkshire, the biggest tourism trend in decades is the explosive boom in mainland Chinese travelers, who now outnumber -- and more importantly, outspend -- all other tourists. Perhaps most amaz

    November 7, 2014 07:00 pm JST
  • Popularity of 'solitary confinement' condos worries Hong Kong property watchers

    HONG KONG -- Cramped condominiums are increasingly hot properties in Hong Kong, prompting pundits to sound the alarm about an overheating real estate market. Large apartments, not to mention single-family homes, are beyond the reach of many in

    November 7, 2014 01:00 pm JST
  • Hong Kong hotels follow Chinese travelers abroad

    HONG KONG -- The Peninsula Paris, the newest luxury hotel in the French capital, has two faces. On the outside, it is a majestic century-old building close to the historic Arc de Triomphe, with marble, mosaics and gold leaf finishing. Inside are

    November 6, 2014 12:00 am JST
  • New gold exchanges out to set benchmark price for Asia

    TOKYO -- Asia accounts for 60% of global gold demand, but it has little influence over prices because the benchmarks are set in London and New York. New exchanges in China and Singapore are hoping to change that.Slow startIt has been more than one m

    November 6, 2014 12:00 am JST
  • Cedric Vanhaver: Asia needs strong guidelines as advertising goes 'native'

    China's state legislature in late August announced it would tighten rules on advertising on the mainland to provide added consumer protection. According to a draft revision of the advertising law, celebrities would no longer be allowed to promote pr

    November 6, 2014 12:00 am JST
  • Selective investors to emerging markets: Show us reforms

    SINGAPORE -- Global investors are becoming increasingly selective when investing in emerging economies. Stock markets in many emerging countries have been hit by moves to wind up easing by the U.S. Federal Reserve and weak economic performances in C

    November 6, 2014 12:00 am JST
  • An Asian post-election checklist for Obama

    Just days after the Nov. 4 midterm election transformed the U.S. political landscape by handing control of Congress to Republicans, President Barack Obama will land in Asia for a series of summits with regional and world leaders. The timing is signi

    November 5, 2014 07:00 pm JST
  • Mitsubishi to partner with Hong Kong group on aircraft leasing

    TOKYO -- Japanese trading house Mitsubishi will join hands with Hong Kong conglomerate Cheung Kong Holdings on aircraft leasing, marrying the former's business expertise with the latter's abundant funding ability. As early as this year, the two

    November 5, 2014 05:35 am JST
  • Macau and Singapore casinos feel China pinch

    SINGAPORE -- Casinos in Singapore and Macau face straitened times with falling revenues from gamblers out of China and increased regional competition, according to a recent report by Fitch Ratings. Highlighting China's economic slowdown and the

    November 5, 2014 12:38 am JST
  • China still top for luxury sales, despite corruption clampdown

    HONG KONG -- These are tough times for luxury goods companies -- especially those that have become accustomed to soaring demand from China's newly-wealthy consumers. Take Prada. The Hong Kong-listed Italian purveyor of handbags, shoes and clothi

    November 4, 2014 10:00 pm JST
  • Yves Tiberghien: Should the world yawn, cheer or fear November's summits?

    For a week in November, an unusual cluster of globally significant economic summits will take place in the Asia-Pacific region: the annual Asia-Pacific Economic Cooperation meeting in Beijing (Nov. 10-11), the East Asia Summit and the Association of

    November 4, 2014 09:00 pm JST
  • Hong Kong to supply yuan to locally based banks

    HONG KONG -- Hong Kong's de facto central bank has picked seven banks as primary liquidity providers for the offshore yuan market. In exchange for a promise to develop yuan products and use locations in Hong Kong for fund settlements with other

    November 4, 2014 05:29 am JST
  • Hong Kong hotels follow Chinese travelers abroad

    HONG KONG -- The Peninsula Paris, the newest luxury hotel in the French capital, has two faces. On the outside, it is a majestic century-old building close to the Arc de Triomphe, with marble, mosaics and gold leaf finishings. Inside are some of

    October 31, 2014 06:00 pm JST
  • Asia would likely have been safe from Fed move even before BOJ acted

    HONG KONG -- Investment advisers are unanimous: The end of the U.S. Federal Reserve's extraordinary dollar-printing policy will hurt emerging equity markets. They are also united in anticipating that Asian markets are unlikely to bear the brunt of t

    October 31, 2014 05:00 pm JST
  • Asian shares explode after BOJ's big surprise

    BANGKOK -- Following the Bank of Japan's stunning move Friday to pump even more yen into Japan's financial system, all major Asian stock market indexes began sharply rising. The Nikkei 225, the Tokyo benchmark, rose almost 5%, closing the day at 16,

    October 31, 2014 04:04 pm JST
  • Hong Kong protests divide loyalties of its celebrities

    HONG KONG -- The ongoing demonstrations in Hong Kong are testing the loyalties of some of the region's biggest celebrities. While some statements from famous actors and other artists could be dismissed as publicity stunts, some incidents are having

    October 31, 2014 01:00 pm JST
  • Hong Kong tycoons still hesitant to pick sides

    HONG KONG -- About a month has passed since pro-democracy protesters first swarmed Hong Kong's major streets, and business leaders here remain conspicuously silent about the upheaval. English-language reports coming from the Chinese state media

    October 30, 2014 01:00 pm JST
  • Japan aims to fill bigger share of global rice bowl

    TOKYO -- Exports of high-quality Japanese rice are increasing to meet surging global demand. In 2013, exports reached a record high of over 3,000 tons. Those shipments look set to grow even more, if barriers that limit Japan's rice exports can b

    October 30, 2014 12:00 am JST
  • Rugby: More and more joining the scrum

    Since the inaugural Rugby World Cup in 1987, the event has scaled up. The tournament matches now attract about 4 billion TV views in total worldwide. In 2019, the year before the Tokyo Olympics, Japan will become the first country in Asia to host th

    October 30, 2014 12:00 am JST
  • Humphrey Hawksley: China will pay a price in Taiwan for its handling of Hong Kong

    The support recently expressed by Taiwan's President Ma Ying-jeou for pro-democracy protests in Hong Kong, and his call for the mainland to move toward democracy, immediately pose two challenging questions to the Communist Party leadership in China.

    October 30, 2014 12:00 am JST