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Hong Kong

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  • Asian Stocks End Mixed, Resources Sag Friday, 14 Jan 2011 | 5:50 AM ET

    Asian stocks closed mixed on Friday, weighed down by a drop in resources-related shares as commodity prices declined.

  • Asian Stocks End Up on Portugal Bond Auction Thursday, 13 Jan 2011 | 4:30 AM ET

    Asian stocks rose on Thursday after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and U.S. stocks.

  • Asia Ends Up; KOSPI Hits Fresh Closing High Wednesday, 12 Jan 2011 | 4:24 AM ET

    Asian stocks rose on Wednesday as global markets halted recent losing streaks and posted modest gains on the back of solid earnings reports and positive broker comments, while investors await the outcome of debt issuance in the euro zone.

  • Asia Ends Mixed; EU Debt, Earnings Eyed Tuesday, 11 Jan 2011 | 5:57 AM ET

    Asian stock markets ended mixed on Tuesday as government debt burdens in Europe weighed on investor sentiment.

  • Asia Ends Lower after Lackluster US Jobs Data Monday, 10 Jan 2011 | 4:43 AM ET

    Asian stocks mostly traded to the downside on Monday, after a lackluster U.S. job report drove Wall Street lower Friday, but trading volume was light with Japan markets closed for a public holiday.

  • Asia Ends Mixed Ahead of US Jobs Data Friday, 7 Jan 2011 | 5:50 AM ET

    Asian markets ended mixed on Friday as investors stayed cautious ahead of the U.S. nonfarm payrolls report.

  • Asia Ends Mixed; Nikkei at 8-Month High Thursday, 6 Jan 2011 | 5:27 AM ET

    Japanese shares rallied on Thursday as investors snapped up shares of Japanese exporters after the dollar hit two-week highs against the yen, but markets elsewhere in Asia were more subdued ahead of the influential U.S. non-farm payrolls report. 

  • Asia Stocks End Mixed; Resources Dip Wednesday, 5 Jan 2011 | 6:24 AM ET

    Asian markets closed mixed on Wednesday following a broad commodities selloff but losses were limited as stronger-than expected U.S. factory data lent support.

  • Japan Leads Asia on Signs of US Recovery Tuesday, 4 Jan 2011 | 4:35 AM ET

    Japanese stocks led Asian equities higher on Tuesday, climbing to their highest since May, with investors betting the improving U.S. recovery may be reflected in jobs data later in the week.

  • Seoul Closes at Record High; HK Leaps Monday, 3 Jan 2011 | 4:37 AM ET

    South Korean shares stole the limelight on the first trading day of 2011 as the KOSPI rose nearly 1 percent to end at a record closing high. But volume was thin overall with many major markets closed for a public holiday.

  • Millions Gathering Worldwide to Ring in New Year Friday, 31 Dec 2010 | 11:46 AM ET

    Multicolored starbusts and gigantic sparklers lit the midnight sky over Sydney Harbor in a dazzling fireworks show witnessed by 1.5 million enthusiastic spectators who camped out all day to ring in the new year.

  • Global IPO Proceeds to Reach Record High in 2010 Wednesday, 8 Dec 2010 | 9:59 AM ET

    Funds raised through global initial public offerings (IPOs) are expected to exceed $300 billion in 2010, a new record high, according to an Ernst & Young report released on Wednesday.

  • Hong Kong Gold Market Hit by Sophisticated Scam Thursday, 2 Dec 2010 | 11:16 AM ET

    Hong Kong goldsmiths have been sold hundreds of ounces of fake gold this year in one of the most sophisticated scams to hit the Chinese territory’s gold market in decades.

  • Hong Kong skyline

    Is Hong Kong building to another property bubble? Virtually everyone in the city wants to know. It’s the topic of top-level governmental discussion as well as chatter over dim sum at lunch.

  • Playing Asia? Beware of Near-Term Risks: Expert Thursday, 4 Nov 2010 | 11:02 PM ET

    Investors looking to ride on Asia's recent stock rally face a more dangerous entry point in the near term, said Ajay Kapur, head of equity strategy, Asia at Deutsche Bank on CNBC Friday.

  • Hong Kong, China Stocks to Get Fed Boost Thursday, 4 Nov 2010 | 2:48 AM ET

    The Fed's stimulative measures are good for stock markets, especially in Hong Kong as it is seen as the gateway to investing in China, said Peter Lai, director at DBS Vickers Securities.

  • Property Bubble in Hong Kong? Blame the Fed Tuesday, 2 Nov 2010 | 3:26 AM ET
    Property for Sale signs at a real estate in the Chinese district of Sheung Wan, Hong Kong Island, China.

    The Hong Kong property market has seen a spectacular rebound since the global financial crisis. Real estate prices in the territory have risen 50 percent since the end of 2008. But many are warning that the increase is unsustainable.

  • A strong rebound from the global recession and the elimination of wine-import taxes is driving the boom.  “It’s unstoppable," says one local wine consultant.

  • Goldman Sachs May Be Losing Influence in Washington Wednesday, 6 Oct 2010 | 4:26 PM ET

    When it comes to visibility and influence, Goldman Sachs is as noticeable on Pennsylvania Avenue as it is on Wall Street. But that may be changing, as a result of the firm's recent legal and public relations problems.

  • Where America's Trash Comes From—And Where It Goes Wednesday, 29 Sep 2010 | 11:43 AM ET

    A report by the Environmental Protection Agency describes the contents of all the garbage produced in a single year.  According to the 2008 report, approximately 250 million tons of municipal solid waste is created, which excludes hazardous waste, industrial waste, and construction waste.