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  • Sky-high real estate made Hong Kong Asia's priciest city: Julius Baer

    HONG KONG -- It is perhaps not surprising that Hong Kong, where even the top government official finds housing unaffordable, is the costliest metropolis in Asia.The semi-autonomous region of China jumped two places to lead 11 cities in an annual ran

    October 18, 2017 01:16 am JST
  • Hong Kong stocks end flat on eve of China's 19th Party Congress

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed on Tuesday, reflecting caution as investors were guarded a day before the start of a key meeting of China's Communist Party in Beijing.The Hang Seng Index edged up just 0.02% to 28,

    October 17, 2017 08:59 pm JST
  • Nikkei Asia300 Index gains tracking record-high U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Tuesday after all major U.S. indexes climbed to records overnight.The Nikkei Asia300 Index advanced 0.1% to 1,358.91.U.S stocks rose Monday along with the dollar, while bond yields d

    October 17, 2017 08:31 pm JST
  • Hong Kong shares move cautiously before China's party congress

    HONG KONG (Nikkei Markets) -- Hong Kong stocks edged higher on Tuesday after a choppy morning session, with traders appearing to be cautious ahead of the start of a meeting of China's Communist Party on Wednesday.By midday, the Hang Seng Index had r

    October 17, 2017 02:35 pm JST
  • Hong Kong stocks rise on China economic data, inflows

    HONG KONG (Nikkei Markets) -- Hong Kong stocks closed on Monday at their highest level since December 2007, as inflows from mainland China investors and benign consumer-price data helped lift sentiment. Financial and consumer stocks paced the gains.

    October 16, 2017 08:25 pm JST
  • China's new green car mandate sends BYD stock soaring

    GUANGZHOU -- Shares of China's largest green car manufacturer, BYD, have been skyrocketing from early September, reflecting expectations that the company stands to benefit from government policy of promoting eco-friendly vehicles.BYD's stock rose to

    October 16, 2017 03:21 pm JST
  • China inflows lift Hong Kong stocks close to 10-year highs

    HONG KONG (Nikkei Markets) -- Hong Kong shares climbed Monday, taking the Hang Seng Index close to 10-year highs, aided by strong inflows from China and U.S. stock advances on Friday.By midday, Hong Kong's benchmark equity gauge had risen 0.9% to 28

    October 16, 2017 02:38 pm JST
  • Nikkei Asia300 Index gains as Singapore stocks rally on economic growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, helped by a rally in Singapore shares after better-than-expected third-quarter economic growth in the city-state.Samsung Electronics declined as record earnings were overshadowed by the

    October 13, 2017 08:45 pm JST
  • Anthony Couse

    Green office blocks secure better tenants

    Singapore's Asia Square Tower 2 made headlines last month when it was sold to CapitaLand Commercial Trust for $1.5 billion, setting the record for the biggest office deal in Asia Pacific this year. In 2016, Asia Square Tower 1 was acquired by Qatar

    October 13, 2017 03:00 pm JST
  • Hong Kong shares struggle after Wall Street pullback

    HONG KONG (Nikkei Markets) -- Hong Kong stocks were little changed on Friday after modest overnight losses on Wall Street and range-bound trading for mainland equities as investors awaited a key Communist Party meeting in China next week.The Hang Se

    October 13, 2017 02:43 pm JST
  • Taiwanese companies fuel gains in Nikkei Asia300 Index

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, helped by a rally in Taiwanese companies and overnight gains on Wall Street.The Nikkei Asia300 Index rose 0.7% to 1,345.96.All the three major U.S. indexes climbed to records on Wedne

    October 12, 2017 08:44 pm JST
  • Chinese stocks in Hong Kong reach 26-month high

    HONG KONG (Nikkei Markets) -- Hong Kong stocks advanced on Thursday, with gains by insurance companies helping an index of Chinese companies listed in the city reach a 26-month high.The Hang Seng China Enterprises Index of large mainland companies c

    October 12, 2017 08:16 pm JST
  • Tokyo, Singapore, Seoul among world's most 'magnetic' cities

    TOKYO -- Tokyo remains the world's third most appealing city and is approaching second-ranked New York, according to a report released Thursday. Asian cities placed strongly in the ranking by the Institute for Urban Strategies of the Mori Memorial F

    October 12, 2017 07:35 pm JST
  • Wharf, Cathay Pacific rise as Hong Kong shares eke out gains

    HONG KONG (Nikkei Markets) -- Hong Kong stocks changed directions a few times on Thursday morning, as caution ahead of the Party Congress in China next week overshadowed an overnight bounce on Wall Street.By midday, the Hang Seng Index was up 0.3% t

    October 12, 2017 03:14 pm JST
  • Nouriel Roubini

    Three scenarios for the global economy

    For the last few years, the global economy has been oscillating between periods of acceleration (when growth is positive and strengthening) and periods of deceleration (when growth is positive but weakening). After over a year of acceleration, is th

    October 12, 2017 01:00 pm JST
  • A manufacturing uptick can't pierce South Korea's gloom

    HONG KONG Despite escalating threats from its northern neighbor, South Korea saw its manufacturing condition pick up on stronger domestic demand and output last month. But analysts remain cautious about the country's economic outlook as the ongoing

    October 12, 2017 10:00 am JST
  • For China, monetary policy takes backseat to growth

    HONG KONG With Chinese President Xi Jinping kicking off his second term at the Communist Party congress starting Oct. 18, economists expect authorities to take few if any steps to tighten monetary policy so as not to rattle the economy.Most responde

    October 12, 2017 10:00 am JST
  • New Hong Kong leader proposes small business tax cut, housing help

    HONG KONG -- Chief Executive Carrie Lam on Wednesday laid out a broad vision for Hong Kong in her first policy address since she assumed the city's highest office, pledging to help the middle class by lowering the tax rate on small businesses and pr

    October 11, 2017 11:21 pm JST
  • Nikkei Asia300 Index advances as Samsung extends gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, as heavyweight Samsung Electronics extended gains ahead of its preliminary third-quarter earnings.The Nikkei Asia300 Index rose 0.7% to 1,337.13.Asian equities also got a boost from

    October 11, 2017 08:28 pm JST
  • Developers pull Hong Kong shares down from near 10-year high

    HONG KONG (Nikkei Markets) -- Hong Kong stocks retreated after a volatile trading session on Wednesday, with a gauge of property developers dropping the most in two weeks amid concern over the outlook for home prices.The Hang Seng Index fell 0.4% to

    October 11, 2017 08:05 pm JST