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  • Nikkei Asia300 Index drops as energy stocks fall on crude's slide

    MUMBAI (NewsRise) -- Asian equities outside of Japan fell Wednesday as easing crude oil prices dragged energy related stocks lower amid weakening global risk appetite.The Nikkei Asia300 Index lost 0.8% to close at 1,369.47. H-shares of PetroChina an

    November 15, 2017 08:13 pm JST
  • Hong Kong stocks slump on concerns of slower growth in China

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell on Wednesday, with Chinese companies listed in the city dropping for a third straight day as mainland equities extended losses over worries of slowing growth and elevated borrowing costs.The Hang S

    November 15, 2017 07:52 pm JST
  • China energy producers, Tencent lead Hong Kong shares lower

    HONG KONG (Nikkei Markets) -- Hong Kong stocks declined on Wednesday, weighed down by energy producers amid weaker crude oil prices and a retreat by index heavyweight Tencent Holdings before its third-quarter earnings announcement later in the day.B

    November 15, 2017 02:56 pm JST
  • Jeweler Chow Tai Fook taps internet stars to reach millennials

    HONG KONG -- Chow Tai Fook Jewellery Group has found a pearl in social media, using internet influencers to dazzle free-spending millennials in mainland China who can't stop looking at their smartphones.China's thriving "fan economy" prompted Hong K

    November 15, 2017 01:24 am JST
  • China's Geely buys U.S. startup that makes 'flying cars'

    SHANGHAI -- Chinese automaker, Zhejiang Geely Holding Group, will soon have a "flying car" in its portfolio. The company said on Monday that it has agreed to the purchase of U.S. startup Terrafugia that is making the world's first flying car for pra

    November 14, 2017 09:50 pm JST
  • Nikkei Asia300 Index falls as China data sparks slowdown worries

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Tuesday as a slowdown in China's industrial output and retail sales dented investor appetite.The Nikkei Asia300 Index declined 0.3% to 1,380.97.China's industrial output rose 6.2% in October, d

    November 14, 2017 08:44 pm JST
  • Hong Kong stocks dip as mainland companies fall for second day

    HONG KONG (Nikkei Markets) -- Mainland Chinese companies listed in Hong Kong fell the most in three weeks on Tuesday, tracking losses by mainland China equity indexes, after data signaled the nation's economy cooled last month.The Hang Seng China En

    November 14, 2017 08:11 pm JST
  • Hong Kong shares flat as market awaits Tencent results

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed by midday on Monday after changing direction a few times, with extended gains for AIA Group and Tencent Holdings helping counter declines for energy producers and several mainland co

    November 14, 2017 02:32 pm JST
  • Hong Kong-based activist fund ups pressure on Japan's Pasona

    HONG KONG - Hedge fund Oasis Management is turning the heat up on Pasona Group with its proposal for a management buyout and is planning to lodge a request to examine the books and records of the leading Japanese outplacement company.The motion, sai

    November 13, 2017 11:04 pm JST
  • Hong Kong stocks close at highest level in nearly a decade

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose on Monday, with the benchmark Hang Seng Index creeping up to near its highest level in 10 years, as Apple suppliers and heavyweight Tencent Holdings advanced to offset declines by energy companies.

    November 13, 2017 08:35 pm JST
  • Nikkei Asia300 Index falls amid uncertainty over U.S. tax cuts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday as uncertainty over U.S. President Donald Trump's proposed corporate tax cuts weighed on sentiment.The Nikkei Asia300 Index declined 0.3% to 1,385.65.The Dow Jones Industrial Average and

    November 13, 2017 08:29 pm JST
  • IPO of Tencent-backed Yixin heavily oversubscribed

    HONG KONG (Nikkei Markets) -- The Hong Kong portion of Chinese online automobile transaction platform Yixin Group's initial public offering has been oversubscribed 560 times, a source familiar with the details said.Yixin priced its 878.7 million-sha

    November 13, 2017 04:35 pm JST
  • Tech companies push Hong Kong stock market higher

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose on Monday, led by technology stocks, amid optimism over third-quarter earnings. Cathay Pacific Airways and Kunlun Energy fell after the compiler of the benchmark Hang Seng Index said they would be

    November 13, 2017 02:42 pm JST
  • Gaming company Razer surges in Hong Kong debut after $530m IPO

    HONG KONG (Nikkei Markets) -- Shares of San Francisco-headquartered Razer jumped as much as 41% in early trading on Monday as the gaming-hardware maker made its trading debut in Hong Kong after raising HK$4.13 billion ($530 million) in an initial pu

    November 13, 2017 02:19 pm JST
  • Asia-Pacific's in-flight broadband market to grow to $52bn by 2035

    SINGAPORE -- Asia Pacific's in-flight broadband market is set to be worth $52 billion by 2035, with demand being driven by the region's growing affluent middle class, who are willing to pay for an enhanced onboard experience, according to a report b

    November 13, 2017 11:30 am JST
  • ASEAN signs free trade, investment pacts with Hong Kong

    MANILA (Reuters) -- Hong Kong on Sunday signed free trade and investment pacts with the ten-nation Association of Southeast Asian Nations, in what one of the Chinese territory's senior officials called a "loud and clear" vote against rising regional

    November 12, 2017 06:02 pm JST
  • APEC statement addresses Trump criticism of 'unfair trade'

    DANANG, Vietnam -- Leaders of the Asia-Pacific Economic Cooperation (APEC) member states called for reciprocal trade and a fight against "all unfair trade practices" on Nov. 11, a move heavily influenced by complaints from U.S. President Donald Trum

    November 11, 2017 09:28 pm JST
  • APEC leaders agree to address 'unfair trade practices'

    DANANG, Vietnam (Reuters) -- Asia-Pacific leaders on Saturday agreed to address "unfair trade practices" and urgently called for the removal of "market distorting subsidies," in contrast to communiques they have issued in the past.A joint statement

    November 11, 2017 08:59 pm JST
  • Hong Kong Express barred from adding flights, routes

    HONG KONG -- Hong Kong Express Airways is prohibited from flying more frequently or to new destinations, aviation authorities said Thursday, weeks after the low-cost carrier stranded about 2,000 by canceling holiday flights.Personnel shortages, incl

    November 11, 2017 05:37 am JST
  • iPhone supplier AAC Technologies eyes optics market

    HONG KONG -- iPhone audio component maker AAC Technologies is eyeing the optics market for future growth, with facial recognition, 3D sensing lenses and dual cameras set to become standard features for future smartphones. Management at the Shenzhen-

    November 10, 2017 11:44 pm JST