Falling stock market turnover in Hong Kong and Singapore is increasing pressure on medium and small-sized brokerage firms, hurting their commissions and forcing some to cut jobs.
Richard Li has lodged an indicative bid for the south-east Asian businesses of ING’s $6bn Asian insurance operations, which the Dutch financial group is selling after taking government bailout cash during the financial crisis. The FT reports.
While the corruption case against the joint chairmen of Asia’s biggest developer Hong Kong’s Sun Hung Kai Properties will lead to share price volatility over the next 12 months, analysts say the company remains a buy based on its high-quality asset base and solid income stream.
Macau gaming stocks have fallen out of favor, with the major names sliding an average of 20 percent since the beginning of May on worries about a sharp slowdown in gambling revenues. But, according to analysts at Nomura, the correction may be close to an end and the recent drop could present an attractive buying opportunity.
Hong Kong residents have been complaining about the rising cost of living, especially the fare hikes for the Mass Transit Railway, but are the complaints justified?
For those who love to shop, the search for that must-have item can be as fun as owning the actual product. Here are the top 10 international shopping destinations.
Even as HSBC beat expectations with its first quarter results on Tuesday, one strategist says its Hong Kong-listed subsidiary Hang Seng Bank is a better bet for investors given its more attractive return on equity and lower cost base.
Several major markets around the world will be closed Tuesday for May Day, which will help limit volatility for U.S. equities.
He's got two months in office before retiring, but Hong Kong Chief Executive Donald Tsang, the head of the territory's government, is stuck in controversy again over charges of living it up on taxpayers' money.
Failing to acknowledge a culture gap partly explains why some brand messages are not well received and integrated in China.
Barry Cheung, Chairman, RUSAL, also Chairman of Hong Kong Chief Executive-elect Leung Chun-ying's campaign, talks about issues the incoming leader of Hong Kong has to tackle. He also addresses questions on his role post-election, and the latest leadership change at Rusal.
I wonder if the thousands of protestors who clashed with police here on Sunday realized the irony that it was April Fool’s Day, because a lot of what took place on a lovely cool and crisp bright weekend made Hong Kong look really foolish.
SouthGobi Resources may be about to lose one ‘big brother’ but stands to gain an even larger one with greater clout, if a proposed deal by Chalco to buy Ivanhoe Mining’s controlling stake in the Mongolian-focused coal producer is completed.
Alex Wong, Director, Asset Management, Ample Capital, says the selloff in Sun Hung Kai Properties is an overreaction and recommends investors buy shares in the company at HK$95.
Shares of Sun Hung Kai Properties, Asia’s largest real estate developer, tumbled 12 percent on Friday after the company’s billionaire owners were arrested on suspicion of corruption.
Qantas’ planned joint venture with China Eastern Airlines could run into regulatory headwinds in Hong Kong, according to an expert on aviation policy but the airline says it's confident of getting approval.
The ultimate aim of Hong Kong’s “mini” constitution called the Basic Law is that the chief executive of the city should be elected by the people. Beijing has set a date for this – 2017 when the fifth chief executive election takes place.
It’s the dirtiest, nastiest election yet in Hong Kong’s short modern history as a part of China. The race between Henry Tang and Leung Chun-ying has decomposed into mudslinging over Tang’s infidelity, illegal construction, and Leung’s alleged ties to organized crime, commercial conflicts of interest, and allegations that he advocated draconian police crackdowns on protestors nearly a decade ago.
As China’s construction boom slows, steel mills across the country are scrambling to find ways to bolster profits, and one has hit on an unusual strategy: raising pigs. The FT reports.