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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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PARIS/ ZURICH Jan 21- Cartier watches maker Richemont said sales growth had ground to a halt in the Asia-Pacific region, rekindling fears about a market which has been the driving force of luxury sales in recent years.
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HONG KONG, Jan 21- Hong Kong shares slipped from a 19-1/ 2 month high on Monday, with China's second-largest telecommunication equipment maker ZTE Corp weaker after a profit warning. The China Enterprises Index of the top Chinese listings in Hong Kong ended up 0.2 percent.
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HONG KONG, Jan 21- Onshore Chinese shares climbed to a successive 7-1/ 2 month high on Monday, helped by a maximum-allowed 10 percent surge for property developer Vanke after the company announced plans to relist its B shares in Hong Kong. The CSI300 of the top Shanghai and Shenzhen A-share listings closed up 0.6 percent at 2,610.9.
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Luxury goods group Richemont gave a cautious outlook on Monday after slowing wholesale demand for its pricey products pushed sales growth in the last quarter below forecasts.
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*MSCI Asia ex- Japan eases from multimonth highs. TOKYO, Jan 21- Asian shares pulled back from multimonth highs on Monday, while the yen firmed after touching a new low in choppy trade ahead of a Bank of Japan policy decision that is expected to deliver bold monetary easing measures.
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*Growth slows in all regions except Americas. Richemont said the rate of wholesale growth fell in the quarter to just 2 percent from 8 percent in the April to September period due to caution by retailers in Hong Kong and mainland China and a less favourable environment.
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*China Vanke surges, B-shares to relist in Hong Kong. HONG KONG, Jan 21- Hong Kong shares hit a fresh 19-1/ 2 month high on Monday, lifted by mainland Chinese markets that were helped by a 10 percent surge for property developer Vanke after the company announced plans to relist their B shares in Hong Kong.
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SINGAPORE, Jan 21- Gold inched up on Monday to reverse losses from the previous session, bolstered by expectations for aggressive monetary easing from the Bank of Japan. There is attention on the Bank of Japan, which is really being pressured to embark on some very precious metals-friendly policy, "said a Hong Kong- based trader.
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CNBC's Deirdre Wang Morris takes on the 'Stock in 60 Seconds' challenge and looks at Vanke, which opened at their 10 percent upper limit on Monday after the company announced it will move its B-shares to Hong Kong.
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HONG KONG, Jan 21- Hong Kong shares were likely to open lower on Monday, with China's second-largest telecom equipment maker ZTE Corp diving 5 percent in pre-market trade after warning over the weekend of a net $466.6 million loss for 2012.. The Hang Seng Index was set to open down 0.2 percent at 23,566 points.
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Let's hear it for the boys. China's fashion-forward men are snapping up Gucci and Burberry bags, driving a rebound in the luxury market months after a slow down in spending by the world's biggest luxury goods buyers spooked global investors.
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HONG KONG, Jan 21- Hong Kong shares could start weaker on Monday, slipping from a 19-1/ 2 month high with corporate earnings coming back into focus after a series of profit warnings from Chinese companies over the weekend.
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HONG KONG, Jan 21- For those investing into Asia's hedge funds last year, smaller was better. The region's largest hedge funds- those managing more than $500 million- delivered weaker returns on average than nimbler, small to medium-sized funds, according to fund research and people with knowledge of the individual funds.
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*Fortescue rail, port stake sale key to several deals. Plans by the world's fourth-largest iron ore miner, Fortescue Metals Group, to sell a minority stake in its port and rail unit in the Pilbara could provide the crucial link for at least four companies planning to start or expand production- Atlas Iron, Brockman Mining, BC Iron and Flinders Mines.
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HONG KONG/ MACAU, Jan 21- Let's hear it for the boys. China's fashion-forward men are snapping up Gucci and Burberry bags, driving a rebound in the luxury market months after a slow down in spending by the world's biggest luxury goods buyers spooked global investors.
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Norwegian Cruise Line competes with Carnival Corp and Royal Caribbean Cruises Ltd. It operates 11 ships and cruises, which range in length from one day to three weeks. In 2008, Apollo and TPG purchased a stake in Norwegian Cruise Line for $1 billion.
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*China data slightly tops consensus, beta plays lead gains. HONG KONG, Jan 18- Hong Kong shares hit a 19-1/ 2- month high on Friday, while China posted a first gain in three days after better-than-expected data showed the world's second-largest economy snapped seven-straight quarters of declining economic growth.
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*MSCI world share index at highest since May 2011. LONDON, Jan 18- World shares hit a 20- month high on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week's Bank of Japan meeting.
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*China Q4 GDP +7.9 pct year-on-year vs Reuters poll f'cast. *China 2012 GDP +7.8 pct y/y vs f'cast 7.7 pct.
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HONG KONG, Jan 18- Mainland Chinese shares posted their first gain in three days on Friday, led by strength in growth-sensitive sectors after data showed the world's second-largest economy grew by a slightly better-than-expected 7.9 percent in the fourth quarter.