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  • Hong Kong shares rebound after strong China loans data

    HONG KONG (Nikkei Markets) -- Hong Kong shares rebounded from a seven-week low on Tuesday, spurred by extended gains in the U.S. and strong credit data from China.The benchmark Hang Seng Index added 1.3% to 29,839.53, its first gain in three days. S

    February 13, 2018 07:01 pm JST
  • Hong Kong's Hang Seng Index tops 30,000 following US rebound

    HONG KONG (Nikkei Markets) -- Hong Kong shares set course for their best single-day advance in more than four months on Tuesday, tracking U.S. equities after they extended gains overnight following a week-long sell-off that wiped away $2 trillion in

    February 13, 2018 02:11 pm JST
  • Macau cryptocurrency exchange hit with warning in Japan

    TOKYO -- Japan's Financial Services Agency on Tuesday issued a warning to Macau-based cryptocurrency exchange operator Blockchain Laboratory, which has been courting investors in the country.The warning is the FSA's first following a revision to the

    February 13, 2018 12:50 pm JST
  • HNA unit to sell two Hong Kong sites to Henderson Land for $2bn

    HONG KONG (Reuters) -- A unit of China's HNA Group , the cash-starved aviation-to-financial services conglomerate, said on Tuesday it was selling two Hong Kong sites to Henderson Land Development Co Ltd for HK$16 billion ($2 billion).Completion of t

    February 13, 2018 10:37 am JST
  • Nikkei Asia300 Index rebounds after U.S. equities gain

    MUMBAI (NewsRise) -- Asian stocks outside of Japan, tracking a recovery in U.S. equities, rebounded Monday, even as investors braced for more volatility this week.The Nikkei Asia300 Index advanced 0.6% to 1,398.82, after slumping 7.5% in the previou

    February 12, 2018 08:57 pm JST
  • Hong Kong shares erase gains amid caution before holiday

    HONG KONG (Nikkei Markets) -- Hong Kong shares succumbed to selling pressure in the afternoon session on Monday, as gains by social-media major Tencent Holdings and real-estate companies were overshadowed by declines for heavyweight banks and oil pr

    February 12, 2018 07:02 pm JST
  • Hong Kong stock market rebounds as US equity futures advance

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed higher on Monday following their steepest weekly loss in nearly a decade, as U.S. equity-index futures pointed toward extended gains for stocks on Wall Street.The Hang Seng Index was up 0.7% to 2

    February 12, 2018 02:01 pm JST
  • Future of Wynn Resorts' Asian operations comes into question

    HONG KONG -- The future of the Asian gambling business built by U.S. casino tycoon Steve Wynn has been thrown into question after his resignation from management amid allegations of sexual misconduct with employees.Wynn's reputation for creating the

    February 11, 2018 11:23 pm JST
  • Hong Kong bus crash kills 18, injures 62

    HONG KONG (Kyodo) -- A packed double-decker bus crashed Saturday in a suburban area of Hong Kong killing at least 18 people and injuring 62 others, local media reported.Ten of the injured people remain in critical condition, including one who sustai

    February 11, 2018 12:49 am JST
  • Vatican's China policy questioned by Hong Kong cardinal

    HONG KONG/JAKARTA -- Cardinal Joseph Zen, former bishop of Hong Kong, has criticized the Vatican for being "unfaithful" to its subjects in striking a deal with Beijing on the appointment of Chinese bishops, which he believes would eliminate the ver

    February 9, 2018 10:30 pm JST
  • 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
  • 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
  • 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
  • Swire Pacific appoints first family member as chairman

    HONG KONG -- The Hong Kong-listed arm of British conglomerate Swire Group has appointed its first chairman from its founding family, Swire Pacific announced on Thursday.Merlin Swire, the oldest son of Swire family patriarch Adrian Swire, will reloca

    February 8, 2018 10:55 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