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  • China's Chalco to raise about $1.90 billion by selling stakes in 4 units

    HONG KONG (Nikkei Markets) -- Aluminum Corporation of China (Chalco) said it entered agreements to raise a total 12.60 billion yuan ($1.90 billion) by selling stakes in four subsidiaries to investors including China Life Insurance, in a move aimed a

    December 5, 2017 03:49 pm JST
  • Tech stocks drag Hong Kong shares lower after Nasdaq slide

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower on Tuesday, led by weaker technology stocks, as an overnight selloff in New York on the Nasdaq Composite spilled over into Asia.The Hang Seng Index lost 0.3% to 29,051.63 by midday. Social m

    December 5, 2017 02:40 pm JST
  • Asia Insight

    Pope Francis clearing new path for Christianity in Asia

    YANGON/TOKYO -- On the third day of his recent visit to Myanmar, Pope Francis entered the Kaba Aye Center, one of the most important Buddhist temples in Yangon, with his shoes off in accordance with local customs.There, he delivered a message: "For

    December 5, 2017 12:15 pm JST
  • Hong Kong PMI up slightly in November

    TOKYO -- The Nikkei Hong Kong Purchasing Managers' Index, or PMI, showed a slight improvement in November thanks to a rebound in sales to mainland China.The composite indicator of business conditions stood at 50.7 in November, up from 50.3 in Octobe

    December 5, 2017 09:30 am JST
  • Nikkei Asia300 Index rises as U.S. inches closer to corporate tax cuts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Monday as the U.S. took a step closer to passing a bill that offered significant tax cuts to businesses.The Nikkei Asia300 Index advanced 0.6% to 1,380.98.Index equity futures pointed to a stro

    December 4, 2017 08:34 pm JST
  • Hong Kong stocks edge higher on Ping An, Tencent rebound

    HONG KONG (Nikkei Markets) -- Hong Kong stocks bounced off a two-week low on Monday, with property developer Country Garden Holdings pacing gains as it began trading as a member of the Hang Seng Index.The benchmark index rose 0.2% to close at 29,138

    December 4, 2017 07:53 pm JST
  • Hong Kong shares rise after US tax reform vote

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for their first gains in six days, spurred by heavyweight stocks such as Tencent Holdings and Ping An Insurance Group, as progress on a move to overhaul U.S. taxes bolstered investor sentiment.Th

    December 4, 2017 02:17 pm JST
  • Dining out in Tokyo with Taiwan's biggest Japanese star

    Tourists from Taiwan and Hong Kong gather at a Tokyo sushi restaurant to dine with Koichi Yoshida, whose Japan tourism information site attracts over 1 million hits a month.

    TOKYO -- He is known as the most famous Japanese in Taiwan.Koichi Yoshida is the president of Tokyo-based Geelee Media Group, which operates a tourist information website for Taiwanese planning to visit his country. He has repeatedly appeared on TV

    December 3, 2017 04:33 pm JST
  • Nikkei Asia300 Index edges lower as Tencent extends losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan retreated Friday, as heavyweight Tencent Holdings extended losses and a private survey showed China's manufacturing activity weakened last month.The Nikkei Asia300 Index dropped 0.6% to 1,373.25. Fo

    December 1, 2017 08:31 pm JST
  • Hong Kong stocks suffer worst week this year

    HONG KONG (Nikkei Markets) -- Hong Kong shares on Friday posted their biggest weekly loss this year, with Tencent Holdings and other index heavyweights sliding on worries they may have risen too much too fast, while some mainland Chinese companies l

    December 1, 2017 07:48 pm JST
  • Hong Kong shares slip in choppy trade as Tencent slides

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower in a choppy morning session on Friday as lingering weakness in heavyweight Tencent Holdings overshadowed positive overnight cues from Wall Street.The Hang Seng Index had fallen 0.1% to 29,13

    December 1, 2017 02:16 pm JST
  • Nikkei Asia300 Index up 31% in first year from launch

    TOKYO -- The Nikkei Asia300 Index rose 31% in the first years since its launch on Dec. 1, 2016, buoyed by fast-growing Asian companies that are aggressively adopting information technologies, and by a surging health care sector.The index is calculat

    December 1, 2017 10:50 am JST
  • China's HNA Group accelerates assets sales amid drop in creditworthiness

    HONG KONG -- China's aggressive outbound investor HNA Group is winding down its overseas assets as borrowing costs for the Hainan-based conglomerate have shot up on concerns over its mounting debt piles and murky structure.The company that started o

    December 1, 2017 12:31 am JST
  • Tech companies lead Nikkei Asia300 lower after Nasdaq slide

    MUMBAI (NewsRise) -- Asian stocks outside of Japan slumped Thursday, as regional technology companies fell, tracking an overnight selloff in their U.S. counterparts.The Nikkei Asia300 Index declined 1.5% to 1,381.03. South Korea's Samsung Electronic

    November 30, 2017 08:14 pm JST
  • Hong Kong shares tumble but still post 10th monthly gain this year

    HONG KONG (Nikkei Markets) -- Hong Kong stocks tumbled on Thursday, trimming their 10th monthly advance of 2017, as Tencent Holdings slumped after rallying to a string of record-highs earlier in November.The Hang Seng Index sank 1.5% to 29,177.35, p

    November 30, 2017 07:49 pm JST
  • Nikkei launching new index for Asian corporate investment on Dec. 11

    TOKYO -- Nikkei Inc. on Dec. 11 will begin publishing the Nikkei Asia300 Investable Index in an effort to make Asia's leading companies more accessible to investors.Retail investors will be able to buy in via investment trusts and other instruments

    November 30, 2017 04:30 pm JST
  • Tech companies lead Hong Kong stocks lower after Nasdaq slump

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a fourth day of losses on Thursday, led by heavyweight internet major Tencent Holdings and Apple-supplier AAC Technologies Holdings, following a sell-off in U.S. technology stocks overnight.T

    November 30, 2017 03:12 pm JST
  • Mainland Chinese names drive Hang Seng's return to 30,000

    HONG KONG The Hang Seng Index topped 30,000 for the first time in a decade on Nov. 22 amid a market sea change that is bringing mainland Chinese companies to the fore and leaving many big local names behind.The Hong Kong benchmark ended the day at 3

    November 30, 2017 10:00 am JST
  • Hong Kong stocks slip as Chinese companies extend fall

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower on Wednesday as Chinese companies listed in the city fell for the fourth time in five days, led by insurers and banks.The Hang Seng Index gave up 0.2% at 29,623.83, with heavyweight Tencent

    November 29, 2017 08:22 pm JST
  • Nikkei Asia300 Index falls as North Korea tests another missile

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday as investors digested news of North Korea's latest missile test.The Nikkei Asia300 Index declined less than 0.2% to 1,401.62North Korea tested an intercontinental ballistic missile ea

    November 29, 2017 08:18 pm JST