Chinese conglomerate Dalian Wanda Group said on Monday a report claiming its billionaire chairman, Wang Jianlin, was prevented from leaving the country was "groundless" and that it planned to take legal action. More »
Asian shares were fragile on Monday as investors remained unconvinced about U.S. President Donald Trump's ability to fulfill his economic agenda, even as the departure of his controversial policy strategist raised hopes of some progress. More »
Uber Technologies Inc UBER.UL on Monday hiked its Hong Kong fees by up to 80 percent after a review of its business there, the embattled ridesharing company said, adding it was not having issues financing its operations in the Asian financial hub. More »
China Unicom's $11.7 billion ownership reform plan does not violate rules, the nation's securities regulator said, helping shares in the telecom group's units surge as they resumed trade on Monday after speculation that the deal was under scrutiny. More »
A money laundering probe at Commonwealth Bank of Australia (CBA.AX) is the latest in a slew of scandals denting the reputation of Australian banks as simple, reliable lenders at the forefront in the battle against financial crime. More »
I'm here to send you the regards of the Federal Chancellor. I am entitled to tell you we want you in Germany. This private message from Angela Merkel, delivered by a regional politician to Wall Street bankers last year, is having the desired effect. More »
Deutsche Bank AG and Bank of America Corp agreed to pay a combined $65.5 million to settle investor litigation accusing large banks of rigging the roughly $9 trillion government agency bond market over a decade. More »
LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic real estate funds, one of which is expected to significantly outperform a target annual return of 18 percent, the unit of Jones Lan... More »
World stocks rose on Monday, recovering some of their poise after fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
A unit of China's Fosun Group and Shanghai Pharmaceuticals Holding Co (601607.SS) are among bidders for a stake in U.S. speciality drugmaker Arbor Pharmaceuticals LLC, the companies said on Monday. More »
Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. More »
Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are not being reflected in major gauges of volatility and fear.... More »
Asian stocks advanced on Monday, taking their cue from Wall Street, while the dollar moderated but retained most of its gains after a stronger-than-expected July job report. More »
A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the "Trump" brand in the world's biggest gambling center. More »
Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who bet against stocks. More »
Millions of bubbles floated across Hong Kong's Victoria Harbour on Wednesday, the latest public art exhibition by Japanese artist Shinji Ohmaki. More »
China’s second-largest mobile search engine Sogou, controlled by Sohu.com [SOHU.O] and 45 percent owned by Tencent Holdings [0700.HK], said it will focus on artificial intelligence (AI) as it aims to build a next-generation search engine. More »
People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 4, 2017. Asian shares rose on Tuesday as investors looked to a barrage of economic data around the world to confirm recent signs the g... More »
FILE PHOTO – A Chinese national flag flutters outside the headquarters of the People’s Bank of China, the Chinese central bank, in Beijing, April 3, 2014. China’s central bank has found 40 banks in violation of interbank account regulations and have ordered th... More »
A king cobra snake seen coming out of container of chips in this udated handout photo obtained July 25, 2017. United States Attorney’s Office Central District of California/Handout via REUTERS A Los Angeles man was arrested on Tuesday after federal prosecutors... More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 11, 2017. Strong data from China kept world shares near a record high on Monday, sent copper to a 4-1/2 month peak while emerging market stocks ... More »
FILE PHOTO – LeEco’s new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach An extraordinary shareholder meeting for the listed unit of indebted Chinese tech group LeEco ended amid prot... More »
FILE PHOTO – A booth of Lufax is seen during an exhibition in Beijing, China, August 4, 2016. Picture taken August 4, 2016. Chinese online wealth management giant Lufax will launch its first overseas platform in Singapore, the company said on Monday, as a more... More »
FILE PHOTO – A man arrives at the Uber offices in Queens, New York, U.S. on February 2, 2017. Uber Technologies Inc will suspend its services in Macau from July 22 as it has not been able to unlock the full benefits of ride sharing in the gambling hub, in anot... More »
Razer Inc, a gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, plans to go public toward the end of October in an IPO that will value the company at up to $5 billion, a person familiar with the deal said on Wednesday. More »
FILE PHOTO – Legend Holdings chairman Liu Chuanzhi attends a news conference on the company’s annual results in Hong Kong, China March 30, 2016. China’s Legend Holdings Corp is in talks on a potential investment in Qatari-owned Banque Internationale a Luxembou... More »
FILE PHOTO: The container ship COSCO Development is seen as its became the largest vessel in dimension and capacity to transit the Expanded Panama Canal at Agua Clara locks, on the outskirts of Colon City, Panama May 2, 2017. REUTERS/Carlos Lemos COSCO Shippin... More »
FILE PHOTO: Sunac China Holdings Ltd logo is seen during a exhibition in Hangzhou, Zhejiang province, China, May 25, 2015. Picture taken May 25, 2015. China Daily/via REUTERS/File Photo Dalian Wanda Group said it would sell Chinese tourism projects and hotels ... More »
People are seen behind an electronic board showing stock prices at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Asian stocks rose on Monday thanks to a robust Wall Street performance at the end of last week, while the... More »
Shares of Wanda Hotel Development Co Ltd jumped more than 150 percent on Monday after Dalian Wanda Group said it will sell 91 percent of 13 tourism projects, as well as 76 hotels in China to Sunac China for $9.3 billion. More »
FILE PHOTO: Containers from China Ocean Shipping Company (COSCO) are pictured at a port in Shanghai, China, February 17, 2016. REUTERS/Aly Song/File Photo COSCO Shipping Holdings Co Ltd (601919.SS) has offered to buy Orient Overseas International Ltd (OOIL) (0... More »
An Alipay logo is seen at a cashier in Shanghai January 12, 2017. REUTERS/Ali Song Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds... More »
A child plays the game ”Honour of Kings” by Tencent at home in Dezhou, Shandong province, China July 2, 2017. REUTERS/Stringer Chinese gaming giant Tencent Holdings Ltd will launch its mega-hit smartphone game “Honour of Kings” in the EU and United States this... More »
FILE PHOTO: Children walk past a branch of Mitsubishi UFJ Financial Group (MUFG) in Tokyo November 14, 2012. REUTERS/Yuriko Nakao/File Photo Mitsubishi UFJ Financial Group Inc (MUFG) aims to tap into the expertise of partner Morgan Stanley and expand into weal... More »
Hillhouse Capital Group, an early investor in top Chinese technology firms including Tencent, Baidu and JD.com, plans to raise a new yuan-denominated fund and is currently pitching it to prospective investors, sources familiar with the plans said. More »
A Bank Of America sign is pictured in the Manhattan borough of New York August 21, 2014. REUTERS/Carlo Allegri U.S. authorities have tried to seize millions of dollars associated with several companies that deal with North Korea, including the country’s milita... More »
FILE PHOTO – A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Asian share markets inched back into the black on Wednesday as investors wagered the latest flare-up of tensions on the Korean peninsula... More »
A child plays the game ”Honour of Kings” by Tencent at home in Dezhou, Shandong province, China July 2, 2017. REUTERS/Stringer Tencent Holdings Ltd has shrugged off concerns that a move to limit play time for some users of its top-grossing “Honour of Kings” ga... More »
Hong Kong Chief Executive Carrie Lam attends her first Question and Answer session at the Legislative Council in Hong Kong, China, July 5, 2017. REUTERS/Bobby Yip New Hong Kong leader Carrie Lam struck a conciliatory tone on Wednesday and vowed to improve ties... More »
Hong Kong Chief Executive Carrie Lam speaks at the opening ceremony of Bond Connect at Hong Kong Exchanges in Hong Kong, China July 3, 2017. REUTERS/Bobby Yip China and Hong Kong launched a long-awaited “Bond Connect” scheme on Monday that links China’s $9 tri... More »
FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo, Japan, February 9, 2016. REUTERS/Issei Kato Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectatio... More »
FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S.... More »
Tradeweb, a fixed-income trading platform, will connect with China Foreign Exchange Trading System (CFETS) to be the main interface for offshore investors trading in China’s bond market through the country’s upcoming “Bond Connect” scheme, the company said on ... More »
A stock quotation board displaying Japan’s Nikkei average is seen before a ceremony marking the end of trading in 2016 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 30, 2016. REUTERS/Toru Hanai Asian shares flatlined on Friday but remained on trac... More »
FILE PHOTO — A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed/File Photo Tesla Inc (TSLA.O) took a step closer toward establishing an electric vehicle manufacturing pl... More »
Fosun International Ltd services are displayed at a news conference in Hong Kong, China March 29, 2017. REUTERS/Bobby Yip Industrial and Commercial Bank of China (ICBC) said on Friday its checks of loans to companies that made overseas acquisitions is routine,... More »
FILE PHOTO: Two men chat beside a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou, Zhejiang province May 17, 2010. REUTERS/Steven Shi/File Photo Chinese tech giants Alibaba Group Holdings (BABA.N) and Tencent Holding... More »
The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/Illustration MSCI’s decision to add Chinese shares to a key benchmark is a major milestone, but investors say it will be a long and rocky road ahead before the might of the wo... More »
Israel’s Gamida Cell, which is developing cellular therapies to treat cancer and rare genetic diseases, said on Monday it raised $40 million to finance the advanced trial of its product NiCord to facilitate bone marrow transplants. More »
FILE PHOTO: Chairman of Anbang Insurance Group Wu Xiaohui attends the China Development Forum in Beijing, China March 18, 2017. REUTERS/Thomas Peter/File Photo Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid fo... More »
Torry Berntsen, Chief Executive Officer (CEO) and Head of Corporate and Institutional Banking of the Americas region for Standard Chartered Bank, poses in New York City, U.S., June 13, 2017. REUTERS/Shannon Stapleton Standard Chartered (STAN.L) aims to expand ... More »
FILE PHOTO: Men look at an electronic board showing stock market information at a brokerage house in Beijing, China January 5, 2016. REUTERS/Kim Kyung-Hoon/File Photo Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocke... More »
United States Secretary of the Treasury Steven Mnuchin speaks at a news conference on Parliament Hill in Ottawa June 9, 2017. REUTERS/Patrick Doyle More than two dozen U.S. lawmakers have urged U.S. Treasury Secretary Steven Mnuchin to reject the proposed sale... More »
FILE PHOTO: The logo of credit rating agency Moody’s Investor Services is seen outside the office in Paris October 24, 2011. REUTERS/Philippe Wojazer/File Photo Hong Kong’s Court of Appeal found credit rating agency Moody’s broke the rules when it published a ... More »
People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan June 2, 2017. REUTERS/Toru Hanai Asian shares wobbled on Thursday as investors braced for any surprises from the UK elections, the European Central Bank’s p... More »
Women holding parasols walk past an electronic board showing Japan’s Nikkei average rate outside a brokerage in Tokyo, Japan June 2, 2017. REUTERS/Toru Hanai Escalating tensions in the Middle East, the impending testimony of the former FBI director, British el... More »
Britain’s Inmarsat said on Friday it had ordered a satellite from Thales Alenia Space to increase capacity on its broadband network as Qatar Airways signed up to use the service to provide in-flight connectivity. More »
Basketball – NBA Global Games – Shanghai, China – 09/10/16. Houston Rockets v New Orleans Pelicans Former Houston Rockets player Yao Ming is seen. REUTERS/Aly Song Yao Capital, the Chinese private equity firm co-founded by former NBA superstar Yao Ming, said i... More »
A man cycles in front of electronic boards showing Japan’s Nikkei average (R) and the Dow Jones average (L top) outside a brokerage in Tokyo, Japan, November 10, 2016. REUTERS/Toru Hanai Asian stocks handed back earlier modest gains and drifted lower on Monday... More »
FILE PHOTO: Lenovo tablets and mobile phones are displayed during a news conference on the company’s annual results in Hong Kong May 23, 2013. REUTERS/Bobby Yip/File Photo After a bruising fall from its spot as the world’s third-largest mobile phone maker foll... More »
High rise private residential buildings are seen in Hong Kong, China May 21, 2017. Picture taken May 21, 2017. REUTERS/Bobby Yip Hong Kong’s latest attempt at cooling home prices in one of the world’s most expensive property markets is expected to send buyers ... More »
FILE PHOTO: A product of Lenovo is displayed during a news conference on the company’s annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip/File Photo China’s Lenovo Group Ltd (0992.HK), the world’s largest personal computer (PC) maker, reported a retur... More »
FILE PHOTO – Lenovo Chairman and CEO Yang Yuanqing attends a news conference on the company’s annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip Lenovo Group (0992.HK) chairman and chief executive Yang Yuanqing told Reuters on Thursday the company’s C... More »
U.S. bank Citi held on to top spot in the foreign exchange industry’s main annual ranking of traders by volume on Wednesday despite losing around 2 percent in market share, results showed. More »
People are reflected in a display (top) showing the current exchange rate between U.S. dollar and Japanese Yen outside a brokerage in Tokyo, Japan, November 7, 2016. REUTERS/Kim Kyung-Hoon Resilient Asian stocks edged up to a two-year high on Monday, shaking o... More »
A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday... More »
People are seen behind an electronic board showing stock prices at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Asian stocks rose on Thursday, getting a lift from a record high close on MSCI’s global stocks benchmark ... More »
The Hong Kong-listed shares of AAC Technologies, an acoustic component supplier for Apple Inc, plunged as much as 14 percent on Thursday, after research firm Gotham City accused it of “dubious accounting” practices. More »
FILE PHOTO: Logos of Tencent are displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu/File Photo Struggling to seal deals in the United States as regulatory scrutiny tightens, Chinese companies looking to invest in promising te... More »
People walk past an electronic board displaying various Asian countries’ stock price index and world major index outside a brokerage in Tokyo, Japan, August 21, 2015. REUTERS/Issei Kato/File Photo Asian shares eased from a near two-year high on Thursday as a l... More »
Hong Kong police arrested nine democracy activists on Thursday over a November protest outside Beijing’s representative office in the city, opposition parties said, in what one of the activists said was a campaign to stifle opposition. More »
Tourists stand in front of the Louvre Pyramid designed by Chinese-born U.S. Architect Ieoh Ming Pei in Paris, France, September 13, 2016. REUTERS/Charles Platiau A selection of artwork from Paris’ world-renowned Louvre museum goes on display in Hong Kong on We... More »
Former Hong Kong Chief Executive Donald Tsang and his wife Selina arrive the High Court in Hong Kong, China February 20, 2017. REUTERS/Bobby Yip A Hong Kong court on Monday granted bail to former leader Donald Tsang, who was jailed in February for 20 months fo... More »
FILE PHOTO: Detail of a European map is seen on the face of a euro coin in London, Britain, January 31, 2016. REUTERS/Toby Melville/File Photo The euro briefly vaulted to five-month peaks on Monday after the market’s favored candidate won through the first rou... More »
An investor checks stock information on a mobile phone at a brokerage house in Shanghai, China November 9, 2016. REUTERS/Aly Song China stocks tumbled more than 1 percent on Monday and looked set for their biggest loss of the year amid signs that Beijing would... More »
Tesla Motors’ mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo Tesla Inc (TSLA.O) Chief Executive Elon Musk took many risks with the technology in his company’s ... More »
People shop for handsets at an M1 mobile shop in Singapore March 21, 2017. REUTERS/Edgar Su Top shareholders in Singapore telecoms company M1 Ltd (MONE.SI) have approached potential buyers China Mobile (0941.HK) and global private equity firms, among others, t... More »
Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu An executive at Tencent Holdings Ltd, China’s biggest social media and online entertainment company, said on Friday he expects its mobile messaging app WeC... More »
Members from the pro-democracy Civic Party carry a portrait of Gui Minhai (L) and Lee Bo during a protest outside the Chinese Liaison Office in Hong Kong, China January 19, 2016. REUTERS/Bobby Yip A bookseller detained in China for publishing books on the pers... More »
Auto portal Bitauto Holdings Ltd (BITA.N) has recently raised $1 billion from Tencent Holdings Ltd (0700.HK), Baidu Inc (BIDU.O) and JD.com Inc (JD.O) as it seeks to be China’s largest online car financing platform, its chief told Reuters on Thursday. More »
The LeSee Pro electric concept vehicle by LeEco is displayed during the 2017 CES in Las Vegas, Nevada January 5, 2017. REUTERS/Steve Marcus Chinese tech conglomerate LeEco is in talks to sell a prized property asset in the heart of Beijing it acquired in a $42... More »
A logo of Japan Exchange Group Inc. is seen next to a woman at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2016. REUTERS/Yuya Shino/File Photo Asian stocks erased early losses and edged higher on Thursday as steadying commodity prices, especiall... More »
Investors look at an electronic board showing stock information on the first trading day after the New Year holiday at a brokerage house in Shanghai, China, January 3, 2017. REUTERS/Aly Song China’s stock investors are chasing up the country’s version of the “... More »
People gather at the booth of Chinese electric vehicle start-up Nio as it unveils its ES8 SUV at the Shanghai autoshow, in Shanghai, China April 19, 2017. REUTERS/Aly Song Of dozens of startup electric car makers in China, only two or three will be around in f... More »
China’s Foreign Ministry said on Wednesday Interpol had issued a “red notice” for Guo Wengui, a controversial property tycoon who has made claims of high-level corruption within the ruling Communist Party. More »
Hugo Shong, IDG Capital Global Chairman, at IDG headquarters in Beijing, China, August 21, 2015. REUTERS/Stringer IDG Capital, a private equity and venture capital firm, will deploy greater resources and time in companies as they grow, in contrast to some quic... More »
Chinese artist Ai Weiwei poses in downtown Hong Kong, China April 19, 2017. REUTERS/Venus Wu Chinese dissident artist Ai Weiwei said on Wednesday global banking giant HSBC Holdings Plc refused to open a personal bank account for him in Hong Kong for what he as... More »
A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) (L) and the exchange rate between the South Korean won and the U.S. dollar at a bank in Seoul, South Korea, March 16, 2017. REUTERS/Kim Kyung-Hoon Japan... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 13, 2017. REUTERS/Brendan McDermid Wall Street indexes fell along with U.S. Treasury yields on Thursday on safe-haven demand spurred by geopolitical worries, and the U.S. ... More »
FILE PHOTO: People look out from the observation tower of the Marina Bay Sands amongst public and private residential apartment buildings in Singapore, February 22, 2016. REUTERS/Edgar Su/File Photo Hong Kong and Singapore are set to launch new disclosure rule... More »
A woman walks past electronic boards showing stock prices outside a brokerage in Tokyo, Japan, January 20, 2017. REUTERS/Kim Kyung-Hoon Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five... More »
A girl broadcasts at Three Minute TV, a live streaming talent agency in Beijing, China, February 15, 2017. Picture taken February 15, 2017. REUTERS/Thomas Peter Jing Qi, a part-time presenter on the live streaming platform Huajiao, underwent cosmetic surgery i... More »
Pigs are seen at a Smithfield Foods, the world’s largest pork producer, farm in the United States in this image released on April 11, 2017. Courtesy Smithfield Foods/Handout via REUTERS Smithfield Foods, the world’s largest pork producer, has established a sep... More »
People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Stocks fell and bonds rose in Asia on Thursday, with risk appetite soured by signs the Federal Reserv... More »
A Chinese investor monitors share prices at a securities company in Shanghai November 12, 2003. REUTERS/Claro Cortes IV/File Photo Asian shares started the week modestly higher on Monday after a bumper quarter as investors look to the shape of U.S. trade and e... More »
FILE PHOTO – An employee poses with artist Andy Warhol’s artwork ”Mao” at Sotheby’s auction house in London January 29, 2014. REUTERS/Luke MacGregor An Andy Warhol portrait of former Chinese leader Chairman Mao Zedong has sold for $12.6 million at a Hong Kong ... More »
Former pro-democracy lawmaker Lee Wing-tat (R), Occupy Central movement founders Benny Tai (2nd R) and Chan Kin-man (3rd R), along with others being charged, chant slogans outside a court in Hong Kong, China March 30, 2017. REUTERS/Venus Wu Nine leaders of Hon... More »
A woman walks past electronic board showing stock prices and Japanese Yen’s exchange rate outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Asian shares turned lower on Thursday after earlier briefly nudging u... More »
As visitors sip champagne at Hong Kong’s Art Basel event this week and take selfies with replicas of deceased leaders Fidel Castro and Mao Zedong, a more urgent issue is rumbling through dealers exhibiting – how big an impact China’s capital controls will be i... More »
