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  • Hong Kong stocks dragged to weekly loss as North Korea tensions rage

    HONG KONG (Nikkei Markets) -- Hong Kong shares snapped to their first weekly loss in five weeks, as investor sentiment in one of the region's best-performing equity markets this year succumbed to tensions between the U.S. and North Korea.The Hang Se

    August 11, 2017 08:11 pm JST
  • Hong Kong shares extend slump as Trump gets tougher on North Korea

    HONG KONG (Nikkei Markets) -- Hong Kong shares were the worst hit in Asia on Friday after U.S. President Donald Trump dialed up his warning to North Korea, leading investors to shun risk assets.The Hang Seng Index fell 1.9% to 26,926.38 by midday, h

    August 11, 2017 02:35 pm JST
  • Choosy Asians lift Japan's rice exports to record high

    TOKYO -- Japanese rice exports climbed 28% on the year to 5,589 tons for the six months ended in June, an all-time high for the first half, but growth is slowing as often exorbitant prices drive consumers to cheaper alternatives.The largest share we

    August 11, 2017 06:09 am JST
  • Hong Kong's MTR pumps brakes on property development

    HONG KONG -- MTR, Hong Kong's sole railway operator, intends to ease up on soliciting bids for residential construction near its stations as it braces for the impact of greater land availability on sales.The company, which builds residences and shop

    August 11, 2017 12:12 am JST
  • Hypermarket chain turns sunny on China e-commerce

    HONG KONG -- It is easier said than done for any brick-and-mortar retailer to build its own e-commerce business. This is especially so in China where retail space has been swiftly taken over by internet conglomerates like Alibaba Group Holding and J

    August 11, 2017 12:06 am JST
  • Hong Kong stocks fall on North Korea worries as earnings buoy China Mobile

    HONG KONG (Nikkei Markets) -- Hong Kong stocks fell the most in five weeks as investor appetite for risk assets weakened after North Korea detailed plans to launch missiles near the U.S. territory of Guam, further ratcheting up geopolitical tensions

    August 10, 2017 08:15 pm JST
  • Hong Kong stocks hit by US - North Korea tensions as heavyweights fall

    HONG KONG (Nikkei Markets) -- Hong Kong shares were on course for this year's worst day on elevated geopolitical tensions after North Korea said it is considering launching intermediate missiles into waters near the U.S. territory of Guam.North Kore

    August 10, 2017 02:21 pm JST
  • Investor mistrust bodes ill for a foundering Noble Group

    For decades, there was no better way to profit from the rise of value-added manufacturing in Asia, particularly in China, than to invest in Singapore-listed Noble Group. Its ships tied the region's supply chains together as they transported raw mate

    August 10, 2017 10:00 am JST
  • Fraser Howie: Don't expect much from China's bond market opening

    China's central bank has surprised market watchers with a rapid-fire series of moves to liberalize the country's domestic bond market.A market link to allow trading by Hong Kong retail and institutional investors opened on July 1, just three and a h

    August 10, 2017 10:00 am JST
  • Uber stuck in neutral under Hong Kong taxi regime

    HONG KONG -- Uber Technologies' ride-hailing service is stalling in Hong Kong, cut off by taxi interests that wield heavy influence in local politics.Law enforcement authorities in May arrested 22 Uber drivers on suspicion of operating without a tax

    August 10, 2017 01:48 am JST
  • Decline in trades forces London Metal Exchange to rethink fees

    HONG KONG -- Hong Kong Exchanges & Clearing said Wednesday it will adjust the fee structure of the London Metal Exchange, which it purchased in 2012, in a bid to stem its trading decline.Still relying on an old-fashioned open outcry system to set pr

    August 10, 2017 01:07 am JST
  • Hong Kong's HKT hit with 7% fall in mobile subscribers

    HONG KONG -- Major Hong Kong telecommunications player HKT had a lackluster first half, with the company announcing on Wednesday that net profit rose 3% on the year to 2.4 billion Hong Kong dollars ($307 million) despite a 5% decline in revenue to H

    August 9, 2017 11:35 pm JST
  • Shares in Hong Kong's Wharf hit high on $29 billion spinoff

    HONG KONG -- Hong Kong commercial landlord Wharf Holdings has announced plans to spin off landmark assets worth $29 billion for separate listings, sending its shares up 14% to a record high on Wednesday.Wharf, a 58%-subsidiary of property developer

    August 9, 2017 11:31 pm JST
  • Hong Kong shares dragged by U.S. warning on North Korea while Wharf surges

    HONG KONG (Nikkei Markets) -- Hong Kong shares snapped a three-day rising streak Wednesday as U.S. President Donald Trump's warning to North Korea weighed on investor sentiment. The losses were tempered by Wharf Holdings, which surged to an all-time

    August 9, 2017 08:25 pm JST
  • Uni-President China shares spike 14% despite dip in revenue, profit

    HONG KONG -- Uni-President China Holdings, the mainland Chinese unit of Taiwanese food and beverage conglomerate Uni-President Enterprises, saw its share price spike up over 14% to reach a new year high during the morning trading session in Hong Kon

    August 9, 2017 02:45 pm JST
  • Hong Kong shares slide off 26-month peak as geopolitical woes surface

    HONG KONG (Nikkei Markets) -- Hong Kong shares retreated from 26-month highs as rising geopolitical tensions between the U.S. and North Korea sparked a flight to safety among investors.The Hang Seng Index shed 0.8% to 27,629.68 by midday. Mainland f

    August 9, 2017 02:44 pm JST
  • Hong Kong dollar hits 10-year low against greenback

    HONG KONG -- The Hong Kong dollar hit its weakest level against the greenback in a decade on Tuesday, as flush liquidity continued to curb Hong Kong money market rates and spurred carry-trades for the higher-yielding dollar and yuan.The local curren

    August 8, 2017 11:19 pm JST
  • China Jinmao expects 20% sales growth this year

    HONG KONG -- Chinese state-owned real estate developer China Jinmao Holdings Group expects to increase its contracted sales by 20% this year to 58 billion yuan ($8.66 billion), despite government measures to cool the red-hot property market.The comp

    August 8, 2017 10:32 pm JST
  • Asian global property investment hits record

    HONG KONG -- Asian investors are increasingly buying into bricks and mortar abroad, with real estate capital flows from the region hitting record highs in the first half of this year.Five of the 10 largest cross-border spenders globally are now from

    August 8, 2017 08:20 pm JST
  • Autos rev up alongside Tencent as Hong Kong shares hit fresh 26-month high

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose for a third day as earnings optimism continued to spur blue-chip companies, with heavyweight Tencent Holdings and Chinese automakers pacing gains.The Hang Seng Index rose 0.6% to 27,854.91, its hig

    August 8, 2017 07:30 pm JST