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Asia Top News and Analysis Hong Kong


  • A woman looks at advertisments in the window of an estate agency in Hong Kong, China.

    Increasing numbers of foreigners calling Hong Kong home are lifting rental prices in the city's already expensive real estate market, pushing the city to become the most expensive place to rent high-end property.

  • China's Sany Heavy to Revive $3.3 Billion HK IPO Thursday, 16 Feb 2012 | 9:40 PM ET
    Five Construction Cranes

    China's Sany Heavy Industry will revive its $3.3 billion Hong Kong share offering in the second quarter, the South China Morning Post reported on Friday, citing sources close to the deal.

  • Alibaba Group May Take Unit Private for $2.3 Billion Wednesday, 15 Feb 2012 | 11:23 PM ET

    Chinese e-commerce group Alibaba may take its Hong Kong-listed unit Alibaba.com private at about the price of its 2007 initial public offering for about HK$18 billion ($2.3 billion), the Hong Kong Economic Times reported on Thursday, citing sources.

  • China Fines Parents of HK-Born Second Child: Report Tuesday, 7 Feb 2012 | 6:38 PM ET

    Mainland Chinese who have a second child in Hong Kong will be fined for breaching China's one-child policy, Chinese media quoted a family planning official as saying, as mainland Chinese women flock to the former British colony to give birth.

  • Australia Seen as Ideal Home for Expats Sunday, 5 Feb 2012 | 9:27 PM ET

    Australia beat out the United States and Singapore to take top place among expatriates as an ideal residence for quality of life and career prospects, according to an international survey released on Thursday.

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    Hutchison 3G, a unit of Hong Kong conglomerate Hutchison Whampoa, has agreed to buy Orange Austria from France Telecom and a private equity firm in a deal valued at 1.3 billion euros ($1.7 billion) including debt.

  • High rise buildings are seen through haze as tourists stroll along the waterfront in Hong Kong, China.

    Even as Hong Kong on Wednesday unveiled $10.3 billion worth of measures to support its struggling economy, ranging from tax rebates to property levy waivers, analysts say the territory needs more than a financial boost to make it more livable.

  • PC Shipments Declined 1.4% in Fourth Quarter: Gartner Wednesday, 11 Jan 2012 | 8:34 PM ET

    Global PC shipments declined 1.4 percent in the last quarter of 2011 mainly due to weak demand in Western Europe and the United States, according to research firm Gartner.

  • Asia Pacific's Top Paid Politicians Wednesday, 4 Jan 2012 | 9:55 PM ET

    Multi-billion dollar corruption in India and a whopping 36 percent cut in the salary for Singapore's prime minister have once again raised the question: How much should politicians be paid?

  • Banned Luxury Goods Wednesday, 30 Nov 2011 | 10:11 AM ET
    In November 2011, West Hollywood, Calif., became the first city in the U.S. to ban the sale of clothing made of animal fur. The ban goes into effect in , and animal rights activists are hopeful that it will lead other cities to adopt similar measures and, ultimately, end the practice of using animal fur entirely.If history is any indication, even an all-out nationwide ban on animal fur is unlikely to squelch demand. Rather, the likelihood is that it would simply create a black market for such it

    Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans. What are some in-demand luxury goods that have been banned?

  • Hong Kong Property Sector to Test October Low Thursday, 24 Nov 2011 | 8:30 PM ET
    Hong Kong Property Sector to Test October Low

    Alex Wong, Director of Asset Management at Ample Capital talks about the sectors in Hong Kong that will remain under pressure in the coming months.

  • China Construction Bank to Open Subsidiary in Brazil Sunday, 20 Nov 2011 | 9:00 PM ET

    China Construction Bank is in talks to buy a bank in Brazil amid plans to open a subsidiary in Latin America’s biggest economy, according to officials and people familiar with the matter. The FT reports.

  • Yachts in Asia Get Million-Dollar Makeovers Tuesday, 15 Nov 2011 | 10:21 PM ET
    MF Global website

    Asia’s image-conscious rich are spending big money on adding frills to their million-dollar yachts.

  • Euro Dips, Risk Appetite Cools, Summit Looms Friday, 21 Oct 2011 | 8:09 AM ET

    Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.

  • HP Expands PC Lead, Lenovo Number Two for First Time Wednesday, 12 Oct 2011 | 7:47 PM ET

    Hewlett-Packard's  personal computer shipments grew 5.3 percent in the third quarter, while China's Lenovo  overtook Dell to become the world's No. 2 PC maker for the first time, according to data from two influential research firms.

  • Brace for More Investment Banking Job Cuts: Expert Friday, 7 Oct 2011 | 12:27 AM ET

    The uncertain economic climate has dimmed job prospects for the rest of the year and going forward into 2012, with investment banks especially vulnerable to cuts, Guy Day, CEO of recruitment firm Ambition told CNBC.

  • Market Underestimated the Risks of Offshore Yuan Wednesday, 5 Oct 2011 | 11:20 PM ET
    Market Underestimated the Risks of Offshore Yuan

    CNH market has created competition for deposits in Hong Kong, says Tom Quarmby, director, Equity Research at Barclays Capital.

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    Stock markets in Asia continue to head south with little to signal a turnaround in the new quarter, but regional experts told CNBC investors should capitalize on attractively low valuations instead of piling cash.

  • Qantas Cancels Australian Flights Due to Strike Thursday, 29 Sep 2011 | 9:08 PM ET

    Qantas Airways says it is canceling and delaying dozens of flights because of a strike by its ground workers and engineers. The Australian carrier says 8,500 domestic and international passengers will have their flights disrupted by Friday's strikes. Qantas says 39 flights will be delayed and two flights canceled.

  • Apple Secures Patents on China Stores Thursday, 29 Sep 2011 | 1:26 AM ET
    People queue to buy iPad 2 at an Apple store on May 6, 2011 in Shanghai, China.

    Apple has been granted patents on some of the distinctive elements of its store designs in China as the US company moves to better protect itself against rampant copying of not only its products but also its sales channels on the Chinese mainland. The FT reports.