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  • Host problems cloud the outlook for this year's APEC

    AUCKLAND Corralling the 21 governments in the Asia-Pacific Economic Cooperation bloc into acting on regional challenges is hard enough at the best of times. It may be something practically unachievable in 2018.Already strained by U.S. President Dona

    January 25, 2018 10:00 am JST
  • Nikkei Asia 300 Index falls as Taiwanese suppliers to Apple decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday, led by losses in Taiwanese suppliers to Apple amid concerns over demand for iPhone X.The Nikkei Asia300 Index dropped 0.3% to 1,527.55. Largan Precision, a lens supplier to Apple, dr

    January 24, 2018 08:51 pm JST
  • Mainland Chinese stocks in Hong Kong rise 19th straight day

    HONG KONG (Nikkei Markets) -- An equity index of mainland Chinese companies listed in Hong Kong advanced for a 19th consecutive day on Wednesday on sustained investor appetite for relatively cheaper valuations in the city.The Hang Seng China Enterpr

    January 24, 2018 07:06 pm JST
  • Hong Kong stocks slip from record high

    HONG KONG (Nikkei Markets) -- Hong Kong shares are on course to close lower for the first time in seven days, with investors on Wednesday appearing to lock in profits after steep gains since the beginning of the year.The Hang Seng Index was down 0.3

    January 24, 2018 02:08 pm JST
  • China's LeEco and HNA restructure assets to pay down debt

    HONG KONG -- Chinese tycoon Jia Yueting is facing calls to repay shareholders of his cash-starved conglomerate LeEco with stakes in his car companies, as hopes of another white knight coming to his rescue fade.Such concerns are shared by investors o

    January 24, 2018 12:58 pm JST
  • Nikkei Asia300 Index rises as end of U.S. impasse boosts risk assets

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as a three-day U.S. government shutdown ended, boosting investor appetite for risk assets.The Nikkei Asia300 Index advanced 1.3% to 1,531.99. South Korea's LG Display rallied 5.9% afte

    January 23, 2018 08:40 pm JST
  • Hong Kong stock index jumps 1.7%, moving toward 33,000 level

    HONG KONG (Nikkei Markets) -- Hong Kong shares extended their record run on Tuesday, as Chinese money flows continued to push local stocks higher amid optimism that relatively cheaper valuations in the city left more room for advances. The Hang Seng

    January 23, 2018 07:44 pm JST
  • Japan says trans-Pacific trade pact, without US, to be signed in March

    TOKYO (Reuters) -- Eleven countries aiming to forge a new Asia-Pacific trade pact after the United States pulled out of an earlier version will hold a signing ceremony in Chile in March, Japan's economy minister said on Tuesday in a big win for Toky

    January 23, 2018 06:56 pm JST
  • China's Leshi seeks stake in Jia Yueting's car businesses for debt owed

    HONG KONG (Reuters) -- China's Leshi Internet Information and Technology said it is seeking equity stakes in the car businesses of its largest shareholder, Jia Yueting, for debts amounting to as much as 7.5 billion yuan ($1.17 billion) that he and h

    January 23, 2018 03:37 pm JST
  • Hong Kong shares set to extend record run after US rally

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a sixth consecutive day of record-high levels on Tuesday, as Asian equity markets advanced after Wall Street investors cheered the end of a U.S. government shutdown.The Hang Seng Index was up

    January 23, 2018 02:28 pm JST
  • Hong Kong landlords turning hotels into offices for bigger gains

    HONG KONG -- Hotel owners in Hong Kong are tempted to redevelop their properties into office towers as prices in prime business districts continue to soar amid strong demand from mainland companies.Luxury office buildings in the city have become so

    January 23, 2018 09:30 am JST
  • China's Wanda set to further reduce overseas exposure

    HONG KONG -- Chinese conglomerate Dalian Wanda Group appears to be stepping back from a previous global expansion plan, as its chairman has pledged to reduce overseas debts and focus on its domestic shopping mall business amid Beijing's crackdown on

    January 22, 2018 10:36 pm JST
  • Nikkei Asia300 Index extends gains as U.S. government shutdown leaves no impact

    MUMBAI (NewsRise) -- Asian stocks outside of Japan continued their ascent on Monday, as investors bet the U.S. government shutdown will have little impact on demand for risk assets.The Nikkei Asia300 Index rose 0.7% to 1,512.32, extending last week'

    January 22, 2018 08:46 pm JST
  • China inflows help Hong Kong stocks to another all-time high

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended 0.4% higher, marking gains for the 19th time in 20 days, helped by persistent inflows from mainland China.The benchmark Hang Seng Index closed at 32,393.41 after wavering around Friday's close in

    January 22, 2018 07:15 pm JST
  • Hong Kong stocks waver after record-setting rally

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed by midday on Monday after a choppy morning trading session, as investors paused for a breath after the city's main index climbed to a record high for four straight days.The Hang Seng

    January 22, 2018 02:15 pm JST
  • Taiwan shoemaker Pou Chen offers $1.4bn to take Hong Kong unit private

    HONG KONG (Nikkei Markets) -- Pou Sheng International (Holdings) said on Sunday that Taiwan-based maker of shoes and garments Pou Chen, its ultimate controlling shareholder, has proposed a privatization of the Hong Kong-listed company in an offer wo

    January 22, 2018 11:17 am JST
  • SGX opens way to dual-class share listings

    SINGAPORE -- Singapore Exchange will allow companies with dual-class shares to list and will announce the new rules by March, chief executive Loh Boon Chye said Friday. The move is aimed at attracting more initial public offerings of growing startup

    January 19, 2018 11:14 pm JST
  • LeEco listed unit warns lenders could seize control

    HONG KONG (Nikkei Markets) -- Chinese technology group Leshi Internet Information & Technology said on Friday there could be a change in its controlling shareholder if the company's Shenzhen-listed shares drop following a resumption of trading, with

    January 19, 2018 09:02 pm JST
  • Nikkei Asia300 advances as Taiwan Semiconductor jumps after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Friday, helped by gains in index heavyweight Taiwan Semiconductor Manufacturing Co. after better-than-expected fourth-quarter earnings.The Nikkei Asia300 Index rose 0.5% to 1,502.20.

    January 19, 2018 08:28 pm JST
  • Sixth weekly gain sends Hong Kong shares to record highs

    HONG KONG (Nikkei Markets) -- Hong Kong stocks ended higher for a sixth consecutive week on Friday, as investors continued to snap up equities on enduring optimism over China's economy and company earnings. Heavyweight Chinese banks led the charge.T

    January 19, 2018 07:25 pm JST