Chinese brain-computer interface (BCI) companies, such as Nanjing Panda Electronics and MicroPort NeuroScientific, are benefiting from supportive policies, as the country vows to develop “two or three” global players in the sector by 2030 to compete with US entrepreneur Elon Musk’s Neuralink. In a document released on July 30 by seven ministries, including the Ministry…
Asia-Pacific markets close mostly in the green Asia-Pacific markets closed mostly higher Thursday. Japan’s Nikkei 225 benchmark rose 0.65% to close at 41,059.15, while the Topix climbed 0.72% to 2,987,92. Over in South Korea, the Kospi index advanced 0.92% to end the day at 3,227.68, and the small-cap Kosdaq added 0.29% to close at 805.81….
Hong Kong has welcomed a new wave of travellers combining business and leisure, who have revitalised the city’s luxury hotel sector, according to Benjamin Vuchot, the executive director and CEO of Hong Kong and Shanghai Hotels (HSH), operator of The Peninsula Hotels. “The opportunity is primarily driven by business trips, but it evolves into leisure…
Hong Kong has welcomed a new wave of travellers combining business and leisure, who have revitalised the city’s luxury hotel sector, according to Benjamin Vuchot, the executive director and CEO of Hong Kong and Shanghai Hotels (HSH), operator of The Peninsula Hotels. “The opportunity is primarily driven by business trips, but it evolves into leisure…
TOKYO (AP) — Asian shares were mostly higher in muted trading Wednesday, after discouraging signs about the U.S. economy sent Wall Street shares declining, and Investors are sifting through a slew of corporate earnings reports to assess how businesses may have been affected by U.S. President Donald Trump’s tariffs. Among Japanese companies, automakers Honda Motor…
Chinese and Hong Kong stocks fall in early trade Chinese and Hong Kong stocks started the day lower Monday, following declines in most of the other key Asia-Pacific markets. As of 9:40 a.m. local time (9:40 p.m. ET Sunday), the Hang Seng Index lost 0.23%, while mainland’s CSI 300 declined by 0.42%. — Amala Balakrishner Japan’s Nikkei 225…
The accelerated development of the Northern Metropolis megaproject through novel approaches is a matter of key community consensus, Hong Kong’s leader has said as he rounded up a 1½-month-long public consultation exercise for his annual policy address in September. Chief Executive John Lee Ka-chiu also said on Sunday that government policies had to consider macroeconomic…
Money never sleeps in Hong Kong, except during some public holidays. The city is known for having many official days off. Often stock trading stops while other markets, including the one in mainland China, continue on their merry way of making money. In recent years, however, the city’s stock exchange has been enhancing its services…
US Treasury Secretary Scott Bessent said on Friday that meetings with his Chinese counterparts this week “advanced our talks”, but stopped short of confirming that US President Donald Trump approved the consensus that Beijing claimed they had reached. “This week’s negotiations in Stockholm have advanced our talks with China, and I believe that we have…
Asia-Pacific currencies mostly depreciate against the greenback Asia-Pacific currencies mostly depreciated against the greenback on Friday after U.S. President Donald Trump modified tariff rates on several countries. The U.S. dollar index, which measures the greenback against six major currencies, rose 0.11% to 100.73 as of 10:40 a.m. Singapore time (10:40 p.m. ET Thursday). The Japanese…