Aerial view of the capital city of Seoul in South Korea, seen at sunset. Tobiasjo | E+ | Getty Images Asia-Pacific markets traded mixed Thursday as investors assessed a slew of economic data in the region, with China stocks leading gains. Hong Kong’s Hang Seng index rose 0.24%, while the CSI 300 climbed 1.01%. China’s…
Japan’s stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies, including a seller of vintage goods and a budget hotel chain, are poised for a strong 2025 as increased demand from foreigners boosts earnings outlooks. Japan welcomed almost 37 million inbound visitors in…
An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak on July 23, 2023 in Hong Kong, China. Future Publishing | Future Publishing | Getty Images Asia-Pacific markets opened mixed Tuesday, tracking mixed gains on Wall Street as investors look toward the U.S. Federal Reserve’s decision stateside. Australia’s S&P/ASX 200…
⮊ Canary Islands and Seville. Photographer: Gabriela Herman for Bloomberg Businessweek | ⮊ Portillo. Photographer: Pia Vergara | ⮊ Jaipur. Source: Raffles Hotels and Resorts | ⮊ Casa de Brasa at Four Seasons Resort Los Cabos at Costa Palmas. Source: Costa Palmas By Bloomberg Pursuits December 12, 2024 As much as travel writers hate to…
There is no record of any Chinese heads of state joining a US presidential transition ceremony. Since becoming China’s paramount leader, Xi has never attended such events personally in foreign countries, instead sending a special representative or envoy. Meanwhile, it would generally take rounds of preparation for a Chinese president to visit the United States,…
The risk of a geomagnetic storm to planes is minimal provided the aircraft has enough fuel to cope with a longer route, a Hong Kong aircrew organisation has said after a Cathay flight was diverted due to the space weather event. The Hong Kong Aircrew Officers Association, a Cathay Pacific Airways’ pilots’ union, shared the…
Cathay Pacific Airways confirmed a flight from New York to Hong Kong was diverted on Wednesday due to a geomagnetic storm, a space weather event meteorology and IT experts said was capable of disrupting GPS navigation and signals. But the meteorologist played down concerns about the geomagnetic storm’s impact over Hong Kong, saying the city…
Cathay Pacific Airways confirmed a flight from New York to Hong Kong was diverted on Wednesday due to a geomagnetic storm, a space weather event meteorology and IT experts said was capable of disrupting GPS navigation and signals. But the meteorologist played down concerns about the geomagnetic storm’s impact over Hong Kong, saying the city…
OSAKA — Department stores across the Osaka area enjoyed a rise in tax-free sales during China’s National Day holidays this year, even as Chinese tourist traffic continues to fall short of pre-pandemic levels. Tax-free sales at the Daimaru Shinsaibashi department store for the week through Monday rose nearly 30% compared to the National Day holidays…