Japanese stocks skidded on Monday, helping the yen rebound from a fresh seven-year low against the dollar touched after news Japan unexpectedly fell into recession in the third quarter.
Tags: Hong Kong
China's big five banks rise on draft deposit insurance rules
Mainland listed shares in China's big five banks jumped on Monday but later pared gains, after the country issued draft regulations to introduce a bank deposit insurance scheme for the first time.
How China's shadowy agency is working to absorb Taiwan
Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the legion of Taiwanese businessmen working in China is a beachhead.
China's CGN Power seeks $3.2 billion in Hong Kong IPO as fourth-quarter listings grow
CGN Power Co. Ltd., China's largest nuclear power producer, has launched an initial public offering in Hong Kong worth up to $3.2 billion, the first of several big listings set to make for a busy end to 2014 in Asia Pacific equity capital markets.
Property, manufacturing woes help trim China's shadow banking
A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.
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The United States and China announced a largely symbolic plan on Wednesday to implement new limits on carbon emissions, the highlight of a summit between Barack Obama and Xi Jinping in which both leaders played down suggestions of differences and rivalry.
Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy that could prompt policymakers to roll out more stimulus measures.
A sudden swell in China's exports of gold and jewelry may signal a resurgence of speculative currency inflows through inflated trade receipts, raising the prospect the central bank could again act to weaken the yuan and punish speculators.
China's national civil aviation authority says the country will need to train about half a million civilian pilots by 2035, up from just a few thousand now, as wannabe flyers chase dreams of landing lucrative jobs at new air service operators.
Tajikistan made the greatest strides in business-friendly reforms in the past year, part of an overall trend of improving business regulations across Eastern Europe and Central Asia, the World Bank said in a report released on Tuesday.
Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator to delay a landmark China stock trading link that could generate billions of dollars of trade a day due to uncertainty over the scheme rules, according to a letter seen by Reuters.
British insurer Standard Life (SL.L) and Industrial and Commercial Bank of China (ICBC) (601398.SS) said on Wednesday they had agreed to look at developing savings and investment services together.
Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator for more time to prepare for a landmark China stock trading link due to uncertainty over the rules of the scheme, according to a letter seen by Reuters.
Asian stocks started the week on a brighter note on Monday, after solid U.S. data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy.
