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  • Asia's manufacturers start the year off strong

    HONG KONG Asian manufacturers started the year off strong, as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index survey showed. Nine of 11 Asian countries and regions surveyed saw an expansion of manufactur

    February 8, 2018 10:00 am JST
  • Business Insight: Beijing lashes back against overspending corporate giants

    Wu Xiaohui, the now disgraced founder of Anbang Insurance Group, was in New York about a year ago on a mission to raise money.The plan was to receive an investment grade rating from Standard & Poor's, which would allow him to raise debt cheaply offs

    February 8, 2018 10:00 am JST
  • Japan farm co-op group to push beef and rice via a Hong Kong unit

    TOKYO -- Wagyu beef, rice and other foodstuffs are set to reach more Hong Kong dinner tables, with an umbrella group for Japanese farm cooperatives planning to set up a sales unit next month in the nation's biggest food export market.The National Fe

    February 8, 2018 07:53 am JST
  • Interview

    Chief of France's BPCE seeks to enlarge its Asian footprint

    HONG KONG -- Groupe BPCE aims to have the Asia-Pacific region account for 15% of revenue in its corporate and investment banking division in three years, the chairman of its management board told The Nikkei.BPCE, France's second-largest banking grou

    February 8, 2018 03:14 am JST
  • Nikkei Asia300 Index falls, dragged down by Chinese banks

    MUMBAI (NewsRise) -- Asian equities outside of Japan fell Wednesday, as losses in heavyweight stocks overshadowed an overnight rally in U.S. indexes.The Nikkei Asia300 Index declined 0.7% to 1,416.66, adding to Tuesday's tumble of more than 3%. Chin

    February 7, 2018 08:43 pm JST
  • Wynn exit brings Macau and Japan hopes into focus

    HONG KONG -- Steve Wynn, the billionaire U.S. gaming tycoon, has stepped down from his namesake casino resort empire following allegations of sexual misconduct, opening questions about its future prospects in Macau and Japan."In the last couple of w

    February 7, 2018 07:06 pm JST
  • Hong Kong shares extend fall as inflows from China dry up

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell to their lowest closing level of the year on Wednesday, with Chinese banks leading an afternoon retreat as mainland investors turned sellers.The benchmark Hang Seng Index fell 0.9% to 30,323.20, it

    February 7, 2018 06:52 pm JST
  • With North Korea sanctions, Taiwan tries to play a global role

    TAIPEI -- Taiwan, increasingly obscured on the global stage by China, might have found a way to catch the international community's eye.It is acting on sanctions that the United Nations has imposed against North Korea for that country's nuclear and

    February 7, 2018 02:50 pm JST
  • Hong Kong shares climb after Wall Street bounce

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose on Wednesday, a day after their worst single-day performance in nearly two-and-a-half years as indexes on Wall Street gathered some steam overnight following a plunge on Monday.The Hang Seng Index

    February 7, 2018 02:12 pm JST
  • Asian manufacturers make strong start to 2018

    HONG KONG -- Asian manufacturers started the year strongly as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index (PMI) survey shows.Nine of 11 Asian economies surveyed saw an expansion of manufacturing acti

    February 7, 2018 01:50 pm JST
  • Asian stocks rally after Wall Street rebound

    TOKYO -- Asian stocks are following the rebound in the U.S. equity market, just as they trailed Wall Street off a cliff earlier in the week.In Hong Kong, the benchmark Hang Seng Index opened 2.55% higher on Wednesday morning. Index heavyweights such

    February 7, 2018 01:26 pm JST
  • Wynn Resorts' Steve Wynn steps down as CEO in wake of sexual harassment claims

    U.S. mogul Steve Wynn has resigned from his casino company Wynn Resorts, as the billionaire battles claims that he routinely subjected women who worked for him to unwanted sexual advances.Wynn has denied the accusations published by the Wall Street

    February 7, 2018 12:13 pm JST
  • Asian stock rout worsens as Nikkei index plunges nearly 5%

    TOKYO -- The rout in Asia's stock markets continued on Tuesday as risk-averse investors reacted to sharp overnight declines in the U.S. and Europe.The Japanese market led the decline, with the benchmark Nikkei Stock Average ending the day down 4.73%

    February 6, 2018 08:50 pm JST
  • Nikkei Asia300 Index slumps after Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan tumbled Tuesday after U.S. markets plunged and volatility jumped amid lingering concerns over U.S. inflation.The Nikkei Asia300 Index declined 3.8% to 1,426.87.The S&P 500 Index slumped more than 4%

    February 6, 2018 08:27 pm JST
  • Cryptocurrencies caught in market turmoil

    TOKYO -- Cryptocurrencies have not escaped the global market turmoil.The price of bitcoin, the most widely known and traded cryptocurrency, on Tuesday in Asia fell to $5,947, down 14% from the previous day and hitting a three-month low.In mid-Decemb

    February 6, 2018 08:05 pm JST
  • Hong Kong top court overturns prison sentences for activists

    HONG KONG (AP) -- Hong Kong's highest court on Tuesday overturned prison sentences for three young pro-democracy activists convicted for their roles in kicking off 2014's "Umbrella Movement" protests in the semiautonomous Chinese city.A panel of jud

    February 6, 2018 07:30 pm JST
  • Hong Kong stocks tumble in heavy volume after US sell-off

    HONG KONG (Nikkei Markets) -- Shares in Hong Kong, among Asia's best performing stock markets over the past year, plunged on Tuesday as a deep sell-off in U.S. equities jolted investor confidence.The benchmark Hang Seng Index fell 5.1%, or 1,649.80

    February 6, 2018 07:24 pm JST
  • Interview

    Ping An's innovation chief: We are a solutions company

    SINGAPORE -- China's largest insurance company by market capitalization has taken its $1 billion investment fund on a buying spree.The Ping An Insurance (Group)'s focus is clear: minority stakes in midsize to large startups, mostly in developed mark

    February 6, 2018 04:48 pm JST
  • Hong Kong stock market sinks below 31,000 on global sell-off

    HONG KONG (Nikkei Markets) -- Hong Kong shares plummeted on Tuesday as Asian equities reeled under the influence of a sharp sell-off on Wall Street overnight that erased this year's gains for the Dow Jones Industrial Average and the S&P 500 Index.Th

    February 6, 2018 01:54 pm JST
  • Cyclical businesses hit hardest by Asian stock market rout

    TOKYO -- Asian stock markets suffered a rough trading day on Monday, taking their cue from a widespread selloff on Wall Street before the weekend that was triggered by soaring long-term interest rates.Tokyo stocks led Monday's decline, with the benc

    February 6, 2018 12:25 am JST