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Asian markets mostly up, dollar sinks on stimulus pledges

Markets are on course to end the week with healthy gains following a barrage of stimulus and monetary easing

27 Mar 2020 2:07 PM

Trump this week signed into law congressional legislation that supported protesters in the China-ruled city, despite angry objections from Beijing. (Photo: File)

Hong Kong: Protesters thank Trump over support to anti-govt protests

The protestors showed 'gratitude' for US support of anti-government protests that have roiled the financial hub for nearly 6 months.

01 Dec 2019 3:36 PM

'The sewer was very smelly, with many cockroaches, many snakes. Every step was very, very painful,' said Bowie, 21, a student at Hong Kong University who was forced to turn back. (Photo: Twitter | Screengrab)

Hong Kong students' escape through 'smelly' sewer filled with snakes thwarted

The university on Kowloon peninsula is the last of 5 that protesters had occupied to use as bases from which to disrupt the city.

21 Nov 2019 2:32 PM

Indian shuttler Kidambi Srikanth on Friday progressed to the semi-finals of the ongoing Hong Kong Open after registering a win in the third round. (Photo: File)

Hong Kong Open: Kidambi Srikanth marches into semi-finals

Srikanth in the first game outclassed China's Chen Long with a score of 21-13.

15 Nov 2019 3:33 PM

Shuttler PV Sindhu on Wednesday advanced further in the ongoing Hong Kong Open after registering a win in the first round of the tournament. (Photo: PTI)

PV Sindhu enters second round of Hong Kong Open

Sindhu defeated South Korea's Kim Ga Eun 21-15, 21-16 to progress further in the competition.

13 Nov 2019 12:57 PM

Shuttler Saina Nehwal on Wednesday was knocked out of the ongoing Hong Kong Open after facing a defeat in the first round. (Photo: AFP)

Saina Nehwal out of Hong Kong Open

Nehwal was defeated by China's Cai Yan Yan 13-21, 20-22.

13 Nov 2019 9:14 AM

Indian shuttler Sourabh Verma entered the men's singles main draw of the Hong Kong Open after clinching straight-game wins in his two qualifying clashes here on Tuesday. (Photo:Twitter)

Sourabh Verma enters main draw of Hong Kong Open badminton

Sourabh first defeated Thailand's Tanongsak Saensomboonsuk 21-15 21-19 before getting the better of Lucas Claerbout.

12 Nov 2019 1:19 PM

I don't think we should fear a hawkish cut, but I do think one of the things to keep in mind, relative to the prior cut periods, is the Fed starting from a much lower rate so there is a lot less room for the Fed to continue to cut, Carol Schleif, at Abbot Downing Investment Advisors, told Bloomberg TV. (Photo: Representational)

Asian markets tick lower as focus turns to Fed meeting

There is a concern that upbeat earnings, progress on trade and signs of resilience in economy could keep US Fed from further measures.

30 Oct 2019 9:45 AM

The proposal stoked widespread fears residents would be put at risk of being sent into mainland China's Communist Party-controlled judicial system, and Lam was forced to drop the bill in the face of fierce opposition. (Photo: AP)

After months of protests, Hong Kong govt formally withdraws extradition bill

The security chief on Wednesday announced the bill's withdrawal in the city's legislature.

23 Oct 2019 12:12 PM

China has denied chipping away at Hong Kong’s freedom and accused the US and other foreign powers of fomenting the unrest to weaken its dominance. (Photo: File | ANI)

Pro-China supporters in Hong Kong rally ahead of anniversary

Pro-democracy advocates have called for a major rally to coincide with the celebrations in Beijing.

29 Sep 2019 8:45 PM

In anticipation of Fed cuts, we believe it might be time to become gradually less defensive over the coming months, said Herald van der Linde, HSBC’s head of equity strategy for Asia Pacific.

As Fed rate cut looms, HSBC favours China shares over India

Shanghai shares have gained 17 per cent so far this year. But they slid about 7.6 per cent between early May and early June.

11 Jul 2019 12:30 PM

Activists have also said they will try to disrupt an annual flag-raising ceremony attended by senior Hong Kong and mainland Chinese officials in the morning.

Hong Kong prepared for more protests on handover anniversary

Activists have also said they will try to disrupt an annual flag-raising ceremony attended by senior officials.

30 Jun 2019 7:47 PM

The deal would give Alibaba a war chest to keep investing in technology - a priority for China as growth flags and as the world’s second-largest economy faces an escalating trade spat with the United States.

Alibaba plans USD 20 billion blockbuster Hong Kong listing: Sources

The deal would be the sixth-biggest follow-on share sale ever.

28 May 2019 9:34 AM

Chinese President Xi Jinping poses with Hong Kong's new Chief Executive Carrie Lam ahead of a meeting in Hong Kong. (Photo: AP)

Carrie Lam sworn in as Hong Kong's new leader

Carrie Lam took her oath of office under China's national flag at the city's harbourfront convention centre, before shaking hands with Xi.

01 Jul 2017 4:42 PM

Chinese President Xi Jinping. (Photo: AP)

Don't cross 'Red Line': Xi Jinping warns democracy protesters in Hong Kong

In a speech marking 20 years since the city became a semi-autonomous Chinese region after its handover from Britain.

01 Jul 2017 11:11 AM

Chinese President Xi Jinping inspects Chinese troops of People's Liberation Army (PLA) Hong Kong Garrison at the Shek Kong Barracks in Hong Kong. (Photo: AP)

China flexes military muscle during Xi visit to Hong Kong

Armored personnel carriers, combat vehicles, helicopters and other pieces of military hardware were arrayed behind the troops.

30 Jun 2017 11:16 AM

Hong Kong 'Snowden refugees' face deportation: lawyer

The refugees have said previously they were specifically asked about their links to Snowden by Hong Kong authorities.

15 May 2017 7:09 PM

Hong Kong added 0.5 per cent after suffering a four-day sell-off, while Shanghai was also 0.5 per cent higher and Sydney put on 0.6 per cent.

Asian markets pick up US baton, resume rally

The Fed's bullish outlook has pushed the dollar ever higher, sitting at 10-month highs against the yen.

21 Dec 2016 8:32 AM

Hong Kong's Hang Seng Index rose 0.5 per cent, Sydney put on 0.9 per cent, Shanghai added 0.4 per cent and Seoul gained 0.3 per cent.

Asia markets build on gains after Wall Street record

The Dow ended above 19,000 for the first time Tuesday as US traders, while still uncertain about the long term.

23 Nov 2016 8:46 AM

The dollar rose to 110.71 yen from 110.43 yen on Monday.

Asian stocks soar with oil, Tokyo rebounds after quake

Japan's Nikkei rebounded to end the morning slightly up and at its highest mark since January.

22 Nov 2016 8:57 AM

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Sanjeev Ahluwalia