GENEVA, Nov 27- Barring a last-minute deal by ministers next week, the latest round of world trade talks look set to fail, but unlike past liberalisation battles, few people are cheering.
HONG KONG, Sept 26- Hong Kong shares slipped on Thursday, dragged by a 3.1 percent tumble for global exporter Li& Fung Ltd on a news report that U.S. retailer Wal-Mart is cutting orders. Wal-Mart denied the report and Li& Fung said there have been no cancellations of orders from Wal-Mart.
*Shanghai free trade zone stocks lead A-share tumble. Shares of global supply chain manager Li& Fung tumbled 4.1 percent, tracking losses for Wal-Mart Stores Inc after Bloomberg reported the U.S. retailer is cutting orders this and next quarter. Wal-Mart denied the report and Li& Fung said there have been no cancellation of Wal-Mart orders.
HONG KONG, Sept 26- Hong Kong shares may start weaker on Thursday, tracking Wall Street losses as political wrangling in Washington over funding for federal agencies risked a U.S. government shutdown. A steep drop in Wal-Mart shares could also weigh on Li& Fung.
The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.
Shares of the world's largest supplier of clothes and toys to retailers, Li & Fung, rallied 4 percent despite posting a lower operating profit. Jackson Wong of Tanrich Securities explains why.
Japanese shares surged to multi-year highs on Tuesday on rising expectations that strong political pressure will prompt the Bank of Japan to deliver bold monetary easing measures. Meanwhile, other Asian stock markets struggled as gains were capped on earnings caution.
Asian stocks ended slightly higher on Monday, helped by a 3 percent boost in mainland Chinese shares but trading volume remained light with Japanese financial markets shut for a public holiday.
Shares of Li & Fung fell 16 percent to a three-month low after the global supply chain manager warned of a steep drop in core operating profit, taking investors by surprise and triggering concern over its ability to reach a three-year earnings target.
CNBC's Adam Bakhtiar takes on the daily challenge of 'Stock in 60', and looks at shares of Li & Fung, which dived 16% after the exporter warned of a steep drop in operating profit.
Asian shares ended mostly lower on Friday, tracking overnight weakness in global equities after several Fed officials expressed concerns about continuing to expand stimulative bond buying. But, Japanese stocks surged as the market played catch-up with the region on its first trading day of 2013.
Asia's wealthiest investors may lose some of their appetite for corporate bonds after getting burned in recent deals, analysts and bankers say, sowing caution in a market where issuance hit a record this year and hiking funding costs for riskier borrowers.
HONG KONG, Oct 10- These are some of the leading stories in Hong Kong newspapers on Wednesday. --China Galaxy Securities is set to include additional bookrunners in its dual listing in Hong Kong and Shanghai that could raise more than $1 billion as soon as the first quarter of next year, according to people familiar with the situation.
HONG KONG, Oct 10- Hong Kong shares are set to dip on Wednesday if weakness on Wall Street sparks profit-taking after the previous session's China- led rally. Meanwhile, the European Commission has delayed a trade case against Huawei and ZTE Corp, easing tensions between the European Union and China.
HONG KONG, Oct 5- Asian credit spreads moved in further on Friday boosted by inflows into riskier assets and as sentiment remained upbeat ahead of the crucial US jobs data. The iTraxx Asia ex- Japan investment grade index series 18 tightened by 1-2 bp to 128/ 131 bp after the European Central Bank provided further assurance about its bond buying programme.
HONG KONG, Oct 5- Hong Kong shares are expected to rise for a fifth straight session and poised to end a holiday-shortened week with mild gains, although caution ahead of U.S. payrolls data is likely to keep trading activity light.
Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.
Alex Wong, Director, Asset Management at Ample Capital weighs in on the slew of corporate earnings out of Hong Kong this week, and gives his take on the performance of shares of Li & Fung, Swire Pacific and Standard Chartered.
William Fung, Group Chairman at Li & Fung, says the company is seeking to boost business via M&A as organic growth is absent and consumer sentiment remains weak in the U.S. and Europe.
China is a young nation coming of age, and that comes with significant systemic and structural issues that will likely impact growth for the foreseeable future, says Michael Yoshikami, CEO, Founder, and Chairman of YCMNET’s Investment Committee.