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Asia Pacific

Small flat frenzy spills into Hong Kong’s luxury homes sector

Small flat frenzy spills into Hong Kong’s luxury homes sector

Developers in Hong Kong are changing their apartment sales strategy by offering larger, more luxurious units as impressive sales in the mass-residential sector strengthen confidence at both ends of the market, according to industry experts.
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China’s LeEco raises $1.08b in funding for electric car hoping to compete with Tesla

China’s LeEco raises $1.08b in funding for electric car hoping to compete with Tesla

The automobile unit of Chinese tech company LeEco has raised over US$1 billion worth of funding as the company seeks to put its electric cars on the road within three years. LeEco chief executive Jia Yueting claimed the financing round of US$1.
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China home price growth rose to record level in August, led by Shanghai

China home price growth rose to record level in August, led by Shanghai

China home price growth climbed last month to its highest level since a key index tracking the market began in January 2011, putting pressure on more cities to introduce cooling measures to curb demand.
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2,500 Hong Kong flights to be axed in November to phase in new air traffic control system

2,500 Hong Kong flights to be axed in November to phase in new air traffic control system

Vancouver among cities to be affected by cuts
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Li Ka-shing’s CK Property wins Hong Kong residential site with bid one third higher than market expectation

Li Ka-shing’s CK Property wins Hong Kong residential site with bid one third higher than market expectation

Tycoon Li Ka-shing’s Cheung Kong Property Holdings has won its first government land site in...
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Hong Kong office space is the most expensive in the world, at nearly double New York rates

Hong Kong office space is the most expensive in the world, at nearly double New York rates

Hong Kong has retained its title as world’s most expensive office leasing market and...
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Too busy for lunch? China’s tech workers turn to meal-replacement drinks

Too busy for lunch? China’s tech workers turn to meal-replacement drinks

Five minutes into his lunch break, web developer Zhou Shengkai has already prepared and finished his meal. Zhou makes his lunch every day by mixing 100 grams of powder with cold water, which offers him 20 grams of protein, 9.
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Jobseekers in China over 35—especially men—find it tough as slowdown bites in China’s manufacturing hub

Jobseekers in China over 35—especially men—find it tough as slowdown bites in China’s manufacturing hub

The balance of power between capital and labour is shifting back towards the former in China’s troubled manufacturing heartland as the economic slowdown wipes out jobs faster than the labour supply falls.
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Raised expectations of an early U.S. rate rise send Hong Kong, Asian stocks tumbling

Raised expectations of an early U.S. rate rise send Hong Kong, Asian stocks tumbling

Asian stock markets plunged sharply on Monday as concerns grew that central banks had approached the end of their monetary easing and amid talk the Federal Reserve might be serious about lifting US interest rates as early as next week.
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Government initiatives aim to increase B.C. trade with Indonesia

Government initiatives aim to increase B.C. trade with Indonesia

Incentives on offer for entrepreneurs interested in attending major Jakarta trade expo in October
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