Skip to content
Join our Newsletter

Asia Pacific

Hong Kong retail sales rise for second consecutive month, but by just 0.1 per cent

Hong Kong retail sales rise for second consecutive month, but by just 0.1 per cent

Hong Kong’s retail sales rebounded slightly in April for the second straight month following a two-year period of contraction, with an industry expert predicting that growth for the whole year could hit 1 per cent.
Uber fights for legalization in Hong Kong

Uber fights for legalization in Hong Kong

More than one million Uber riders in Hong Kong have been invited to show their support for the ride-hailing firm in a territory-wide online campaign starting on Wednesday as it fights for legalization in the city.
Nan Fung Development in Hong Kong smashes property records, pays US$3.16 billion for world’s costliest land site in Kai Tak

Nan Fung Development in Hong Kong smashes property records, pays US$3.16 billion for world’s costliest land site in Kai Tak

Cash rich Nan Fung Development, the textile producer that morphed into the developer of Hong Kong’s most exclusive real estate, has won a commercial site in Kai Tak area for a record HK$24.6 billion (US$3.
Oracle set to expand cloud reach with Tencent alliance

Oracle set to expand cloud reach with Tencent alliance

Oracle Corp, the world’s largest seller of enterprise software, may look to its partnership with Tencent Holdings to distribute its NetSuite portfolio of online business applications in mainland China’s software-as-a-service (SaaS) market, an industr
Self-storage market to become ‘big trend’ in major Chinese cities, say real estate fund managers

Self-storage market to become ‘big trend’ in major Chinese cities, say real estate fund managers

Rapid urbanisation and the growth of online retailing in China’s big cities have begun to spur demand for a sophisticated form of mini self-storage geared towards the tech savvy user, according to private equity real estate fund InfraRed NF Investmen
Property buyers hit a brick wall as Beijing tries to avert housing bubble

Property buyers hit a brick wall as Beijing tries to avert housing bubble

For almost two decades, China’s property market was a one-way bet. As urban residents made the move from state housing to privately owned flats from 1998, there were big profits to be made.
Caution sounded in Hong Kong as developer’s financing schemes seen as enabling highly-leveraged home buyers

Caution sounded in Hong Kong as developer’s financing schemes seen as enabling highly-leveraged home buyers

New flat buyers in Hong Kong are taking advantage of developers’ generous financing plans with larger mortgage sizes, although experts cautioned that the leveraging could amount to heightened risk of defaults should the residential market reverse its
Real Estate magnate with Vancouver ties turns his focus to philanthropy

Real Estate magnate with Vancouver ties turns his focus to philanthropy

Profile of Oei Hong Leong, chairman, Canadian Metropolitan Properties Corp., Oei Hong Leong Foundation
Nuri's Apivio acquisition could boost B.C.-Korea investment flow

Nuri's Apivio acquisition could boost B.C.-Korea investment flow

Korean telecom group’s Canadian entry bodes well for local technology-sector expansion
Revealed: the sneaky ways Chinese are moving money across the border

Revealed: the sneaky ways Chinese are moving money across the border

China’s foreign currency regulator has shed light on the mass underground exodus of cash from the country, coming up with a list of 10 top cases of individuals and firms moving money covertly over the border.