Nvidia Corp.’s estimate-beating results would be the envy of most companies, but after a more than 800% share-price gain in two years, great is no longer good enough for Wall Street. The main sticking point was the revenue forecastBloomberg Terminal for the current quarter, which exceeded the analyst estimate by a mere $400 million. It…
Japanese firms in China are becoming more pessimistic about the world’s second-biggest economy, with about two-thirds saying it’s getting worse and almost half scaling back or halting their investments. About 64% of Japanese companies said the Chinese economy is faring worse than last year, according to the latest survey from the Japanese Chamber of Commerce…
When Joshua Wong went to a Hong Kong court to face charges for alleged subversive acts in 2020, he wore a T-shirt with the words, “THEY CAN’T KILL US ALL.” The democracy advocate is still alive, but will spend a total of four-plus years in prison, including time already served, for being part of what…
Treasury 10-year yields may climb to 5% or higher as the US government boosts its debt supply to fund a multi-trillion dollar deficit, according to Franklin Templeton. “Getting to 4.5% to 5% on the 10-year, that’s reasonable,” Sonal Desai, chief investment officer of Franklin Templeton Fixed Income, said in an interview in Tokyo. Should investors…
Japan’s top envoy in Hong Kong has said officials from his country are in talks with local authorities over the city’s seafood import ban as he launched an inaugural exhibition on sushi. Kenichi Okada, the outgoing Japanese consul general in Hong Kong, also expressed his wish on Thursday for the city to continue shining as…
Philippine-based fast-food giant Jollibee’s parent company will fully take over Hong Kong’s Michelin-starred dim sum restaurant chain Tim Ho Wan by acquiring the remaining 8 per cent stake in the firm for S$20.2 million (US$15.3 million). Tim Ho Wan, dubbed the most affordable Michelin-starred restaurant in the world, is famed for its sweet and savoury…
Philippine-based fast-food giant Jollibee’s parent company will fully take over Hong Kong’s Michelin-starred dim sum restaurant chain Tim Ho Wan by acquiring the remaining 8 per cent stake in the firm for S$20.2 million (US$15.3 million). Tim Ho Wan, dubbed the most affordable Michelin-starred restaurant in the world, is famed for its sweet and savoury…
Hongkongers love all things Japanese, from going on frequent trips to Japan to queuing up for hours at the myriad of sushi restaurants in Hong Kong. Not only did such a love chart the careers of Keita Wu, Eummie Chik and Kiu Au – which all have to do with Japanese culture – it also…
Goldman Sachs Group Inc. said global investors are overstating the risk that financial markets will be plunged into uncertainty by the lack of a clear victor soon after next week’s US presidential election. “While we recognize the tail risk possibilities, we think market participants appear to be somewhat overestimating the probability that a delayed result…
