Fortune REIT comprises mostly of neighborhood malls in Hong Kong, thus relying on domestic spending and not so much on tourism, says CEO Justina Chiu. » Read More
Asian stock markets ended lower after cautious trading, following the mixed finish on Wall Street overnight.
Asian stock markets ended modestly higher Wednesday, after upbeat factory orders in the U.S. added to the view that the American economic recovery is on track.
Asian stock markets got off to a strong start on Tuesday, after a U.S. report showed the manufacturing sector expanding for a fifth straight month.
Asian stock markets kick off a new year on an upbeat note as investors counted on a sustainable global recovery.
Asian stock markets kick off a new year on an upbeat note.
Japan's Nikkei average booked a 19 percent gain in 2009, with shares of high-tech exporters leading a rebound rally on a weaker yen and as economic stimulus measures helped turn around the world economy.
Asian stocks were trading flat to higher on Tuesday, with Australian shares rising 1%.
Asian stocks have opened higher on Monday in quiet trade with some markets closed for a public holiday.
Japan's benchmark Nikkei average closed down 0.40 percent at 10,494.71 on Friday, while the broader Topix shed 0.47 percent to 909.39.
The board of Russian aluminium company UC RUSAL has set a price range for its Hong Kong IPO valuing the company at between $16 billion and $22 billion, a paper reported.
Most Asian stock markets gained ground in thin pre-holiday trade on Thursday, led by Japan and China.
Despite a recent jump in real estate prices in Singapore and Hong Kong, Tim Murphy, managing director if IP Global Limited is still upbeat on the sector, especially in mass market property.
China's key stock index ended up, with telecommunications-related shares firmer on strong subscriber growth, but some recently listed companies slipped below their IPO prices with sentiment weighed down by worries over rising share supplies.
The Chinese economy will be able to achieve 10.5 percent growth in 2010, said Tomo Kinoshita, deputy head of economics, non-Japan Asia at Nomura International.
Asian stocks on Tuesday got a lift from the stronger close on Wall Street, with Seoul, Tokyo and Australian markets all closing higher, but China bucked the regional trend.
Asian stock markets were trading mixed on Monday, with technology shares getting a boost from Nasdaq's strong finish on Friday.
Asian stock markets stumbled at the open on Friday, following the sell-off on Wall Street which saw the Dow Jones Industrial index fall more than 1 percent.
Asian stock markets were mostly lower on Thursday afternoon, led by Shanghai's 2 percent slide.
The famed fighting monks of China's Shaolin Temple plan a foray into modern finance. They plan to join with China Travel Service in a venture that will seek to raise up to 1 billion yuan ($146.4 million) in a share listing , reports said Thursday.
Most Asian markets were in the red on Wednesday after U.S. stocks snapped their winning streak on fears of an interest rate hike and a sluggish outlook from General Electric