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  • Technology stocks drag Nikkei Asia300 Index down

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, weighed by a slump in technology stocks and North Korea's latest round of threats.The Nikkei Asia300 Index shed 0.5% to close at 1,297.50. Tencent Holdings dropped 1.2% in Hong Kon

    September 26, 2017 08:43 pm JST
  • Chinese shares in Hong Kong rebound from one-month low

    HONG KONG (Nikkei Markets) -- Chinese shares in Hong Kong rebounded from a one-month low on Tuesday, with energy and automobile companies leading gains amid speculation regulators will help stabilize markets before a key political meeting next month

    September 26, 2017 08:26 pm JST
  • Alibaba to take control of Cainiao, plans $15bn logistics investment

    HONG KONG (Nikkei Markets) -- Alibaba Group Holding will invest $807 million in Cainiao Smart Logistics Network to take control of the affiliate as the Chinese e-commerce giant seeks to augment its delivery systems.The investment will boost Alibaba'

    September 26, 2017 04:23 pm JST
  • Hong Kong stocks waver near one-month lows a day after tumble

    HONG KONG (Nikkei Markets) -- Hong Kong stocks wavered near one-month lows on Tuesday amid caution over elevated tensions over North Korea, with gains for energy producers countered by losses in heavyweight Tencent Holdings.The benchmark Hang Seng I

    September 26, 2017 04:21 pm JST
  • Global trade, China will buoy Asia's growth to 5.8% in 2018

    MANILA -- China's better-than-expected economic expansion and a rebound in global trade will buoy growth in Asia, the Asian Development Bank said in a report on Tuesday.In its Asian Development Outlook Update, the regional lender forecast 5.9% growt

    September 26, 2017 10:30 am JST
  • Nikkei Asia300 Index declines as Chinese real-estate stocks slump

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday, weighed by a slump in Chinese real-estate developers and suppliers to Apple.The Nikkei Asia300 Index declined 0.8% to 1,303.90. China Vanke and China Overseas Land & Investment plunged

    September 25, 2017 08:32 pm JST
  • Hong Kong stocks fall as China's housing curbs hurt developers

    HONG KONG (Nikkei Markets) -- Hong Kong shares sank to a one-month low on Monday, with Chinese property developers tumbling after mainland authorities imposed fresh curbs to prevent speculative activity in the housing market.The benchmark Hang Seng

    September 25, 2017 08:05 pm JST
  • Asian stocks pressured by North Korea tensions, German election

    HONG KONG (Nikkei Markets) -- Asian equity markets broadly declined on Monday on lingering tensions over North Korea and concern that weekend election results in Germany may add to political uncertainty in the euro zone.Hong Kong shares led the loss

    September 25, 2017 03:31 pm JST
  • Nikkei Asia300 Index falls as North Korea tensions resurface

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Friday as North Korea's threat of a hydrogen bomb test exacerbated tensions surrounding the region, hurting investor appetite.The Nikkei Asia300 Index lost 1% to end at 1,313.72. For the we

    September 22, 2017 08:53 pm JST
  • Hong Kong stocks trim weekly gains on new North Korea tensions

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell on Friday to pare a second weekly advance, after North Korea threatened to detonate a nuclear bomb in another act of defiance against international pressure on its weapons-development programs.The

    September 22, 2017 07:48 pm JST
  • Hong Kong stocks poised for biggest drop in a month

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for their steepest loss in a month on Friday after North Korea threatened to test a hydrogen bomb in response to U.S. President Donald Trump's speech at the United Nations earlier this week.North

    September 22, 2017 02:50 pm JST
  • Hong Kong insurer AIA bulking up in Australia, New Zealand

    HONG KONG -- AIA Group will acquire the life insurance operations of Commonwealth Bank of Australia for 3.8 billion Australian dollars ($3.02 billion), vaulting the Hong Kong-based insurer to the top of the market in that country and New Zealand.Pro

    September 22, 2017 01:52 am JST
  • New World Development pauses on retail unit privatization, may try again

    HONG KONG -- Hong Kong-based real estate conglomerate New World Development intends to take a wait-and-see approach toward its plan to take a struggling mainland retail arm private after a recent frustrated attempt."We might revisit the plan [for th

    September 22, 2017 01:35 am JST
  • Casinos rise, developers slide as Hong Kong stocks end flat

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed on Thursday. Property developers retreated as many investors interpreted the U.S. Federal Reserve's latest policy statement as hawkish.The Hang Seng Index slipped less than 0.1% to

    September 21, 2017 08:25 pm JST
  • Fledgling Japanese fintech sector needs to 'design for global use'

    TOKYO -- For a country with such a strong reputation for advanced technology, Japan has lagged far behind its global peers when it comes to applying it to financial services.Both the national and metropolitan governments have now embarked on an aggr

    September 21, 2017 05:25 pm JST
  • Hong Kong stocks edge higher after Fed signals rate hike

    HONG KONG (Nikkei Markets) -- Hong Kong shares posted modest gains on Thursday morning after the U.S. Federal Reserve indicated it could raise borrowing costs before the end of the year. Financial shares broadly advanced, while property developers s

    September 21, 2017 02:55 pm JST
  • Asia will be home to 60% of world's elderly by 2030s: Deloitte

    SINGAPORE -- Some 60% of the world's population of people over 65 years old will live in Asia by 2030, causing a number of economies in the region to face demographic challenges before they get rich enough, according to a recent report by consultanc

    September 21, 2017 02:45 pm JST
  • Asia's regulators crack down on digital currencies

    HONG KONG Authorities in Asia are alarmed at the rapid volume of investment in digital tokens offered through initial coin offerings, and are scrambling to create regulatory frameworks for the sector.The People's Bank of China has declared all ICOs

    September 21, 2017 10:00 am JST
  • The remarkable ability of opera to defy cultural appropriation

    Opera Hong Kong's new production of "Aida" in October will feature a Chinese soprano playing an African princess singing in Italian.At a time when cultural appropriation, whitewashing and other actual or perceived artistic infractions are topics of

    September 21, 2017 10:00 am JST
  • The remarkable ability of opera to defy cultural appropriation

    Opera Hong Kong's new production of "Aida" in October will feature a Chinese soprano playing an African princess singing in Italian.At a time when cultural appropriation, whitewashing and other actual or perceived artistic infractions are topics of

    September 21, 2017 10:00 am JST