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Asia Pacific

Hong Kong professor’s biofilm breakthrough could save shipping companies billions and protect marine life

Hong Kong professor’s biofilm breakthrough could save shipping companies billions and protect marine life

In a Kowloon lab looking out to the ocean, a Hong Kong professor made a discovery that he believes could save navies and shipping companies around the world billions of dollars every year, as well as protect marine ecosystems.
China capital controls threaten overseas investment

China capital controls threaten overseas investment

China overtook U.S. last year to become world’s largest cross-border property investor
China preparing to hit back if Donald Trump starts trade war, says US business group

China preparing to hit back if Donald Trump starts trade war, says US business group

China is preparing to retaliate if US president-elect Donald Trump launches a trade war, a key US business lobby group warned on Wednesday. “To our knowledge, China is already preparing measures in the event of actions by the new ­administration ...
Soft power: China’s Hollywood dreams not just about making money, says media tycoon Li Ruigang

Soft power: China’s Hollywood dreams not just about making money, says media tycoon Li Ruigang

China’s top media mogul Li Ruigang said the world’s second largest economy is using its massive market size to influence Hollywood’s way of thinking and how American film studios make movies.
Leveraged trading in bitcoins halted in China

Leveraged trading in bitcoins halted in China

Leveraged trading in Bitcoins has been halted in China, nearly a week after the central bank launched its first-ever probe into trading platforms of the virtual currency, following a market crash.
Trump’s tweets move markets: now investors can get fair warning via new app

Trump’s tweets move markets: now investors can get fair warning via new app

Global investors have been on a roller coaster ride for a year, ever since Donald Trump’s Twitter account redefined the way he conducted a presidential campaign, his subsequent policy musings, and quite possibly his future presidential pronouncements
Chinese tycoon Wang Jianlin eyes hospitals to tap booming private health-care market

Chinese tycoon Wang Jianlin eyes hospitals to tap booming private health-care market

China’s richest man Wang Jianlin is aggressively looking to expand his property and entertainment empire into the country’s private health-care sector to capitalise on a market that will potentially reach one trillion yuan.
Subsidized flats in country parks can help ease Hong Kong’s housing crisis: CY Leung

Subsidized flats in country parks can help ease Hong Kong’s housing crisis: CY Leung

Chief Executive Leung Chun-ying has proposed building cheap, subsidized flats in country parks to allow more citizens to own their homes.
China bans Pokemon Go

China bans Pokemon Go

Chinese online game fans have been disappointed by a government decision to put a stop to ­Pokemon Go because of national security concerns.
Yuan climbs as Trump fails to detail his U.S. economic stimulus plans

Yuan climbs as Trump fails to detail his U.S. economic stimulus plans

China’s yuan traded stronger on Thursday after Donald Trump’s first official media conference since winning the presidential election weakened the US dollar. Offshore yuan in Hong Kong rallied to 6.