• Mon
  • Dec 29, 2014
  • Updated: 10:05pm

Markets

China shares end lower as cash crunch worries linger, Hong Kong in tepid rebound

Chinese markets surrendered early gains with the key benchmark index slipping to end at fresh four-and-a-half year lows. Photo: EPA

China shares edged lower in volatile trade on Thursday, limiting gains in Hong Kong markets as sentiment remained fragile despite signs that a cash crunch in the banking sector was easing.

Thursday, 27 June, 2013, 6:48pm

Asian markets up despite stumbling US fiscal talks

Tokyo’s Nikkei climbed 0.71 per cent to highs not seen since before last year’s March 11 quake-tsunami disaster. Photo: Reuters

Asian shares rose on Friday on hopes for a last-minute deal to avert the US fiscal cliff despite warnings from a leading Democrat that an agreement is unlikely just days before a year-end deadline.

Expectations for more aggressive monetary easing by the Bank of Japan continued to weigh on the yen, which was sitting at more than two-year lows against the dollar.

29 Aug 2013 - 4:13am

Dollar down, markets muted in Asia after Obama win

US President Barack Obama speaks to supporters after winning re-election to another four-year term inspite of a dragging US economic recovery and high unemployment. Photo: AFP

The dollar slipped in Asian trade on Wednesday, while share markets were muted after President Barack Obama was re-elected in a knife-edge US presidential election. 

As a hard-fought campaign came down to the wire Obama was declared winner after picking up crucial swing states, ending the uncertainty that had pervaded markets for the past few days.

7 Nov 2012 - 4:10pm

Asian markets lower after Wall St tumbles

Asian markets fell on Wednesday, following big losses on Wall Street after weak reports and forecasts from top US companies, while fresh fears over Spain added to selling pressure.

24 Oct 2012 - 10:45am

Market Wrap: Hang Seng posts longest winning streak since Jan 2011

Hong Kong stocks closed flat on Friday as gains by automakers and home appliances firms were capped by the mainland central bank’s comment that no major economic stimulus measures were in the pipeline.

The benchmark Hang Seng Index added 33.05 points, or 0.15 per cent, to close at 21,551.76. This is the longest winning streak for the gauge since January 2011.

19 Oct 2012 - 7:47pm

Hong Kong stocks fell after A shares sink; retailers slump

Hong Kong stocks fell for the first time in six days, led by mainland property developers, after China’s onshore market closed lower after a week-long break.

8 Oct 2012 - 4:57pm

Market Open:Hong Kong stocks seen to open higher on A share optimism

Hong Kong stocks are expected to open higher on Monday, rising on the coat-tails of the A shares, which are forecast to rise on speculation that Chinese regulators will act to "save" the onshore market after a week-long holiday.

8 Oct 2012 - 9:02am

Japan-related stocks fall, Aeon drops on protest fears

Protesters overturn a Japanese-branded car in Beijing on Saturday. Photo: EPA

Shares of Japanese-related retailers came under pressure on Monday on worries about the impact of anti-Japan protests on their business, with department store operator Aeon Stores (Hong Kong) falling to its lowest in seven months.

29 Aug 2013 - 4:13am

ASIAN MARKETS: Investors hug sidelines, look to central bankers for guidance

Investors hope Ben Bernanke will offer guidance at Jackson Hole. File photo: AP

Riskier assets from stocks and commodities to the Australian dollar fell on Tuesday on investor caution ahead of a gathering of central bankers and economists in Wyoming later in the week which could shed some light on further stimulus plans.

29 Aug 2012 - 10:50am

JAIL FOR CON ARTISTS

The government has proposed a HK$5 million fine and jail term of up to seven years for people found guilty of disseminating false or misleading information in the sale of first-hand properties. This is part of a two-month public consultation, which will end on January 28, to enhance consumer protection and add transparency.

9 Dec 2011 - 12:00am

Ceding role to the market fuels injustice

In effectively his last policy address, Chief Executive Donald Tsang Yam-kuen set aside a large amount of one-off money for measures to dampen rising social discontent. Using his favourite metaphor, he is dishing out cookies instead of candies now. He is entitled to do this, as a farewell gift.

15 Oct 2010 - 12:00am

Loopholes remain in rules for flat sales

There are still many loopholes in the rules for the sales of uncompleted flats despite the government's efforts to make developers give better information to buyers - including three new rules announced this week - real estate professionals say.

14 Apr 2010 - 12:00am

Public input a necessary element of transparency

The mainland is in the midst of a transition from a planned economy to one that lets market forces reign. It is a reflection of the muddiness of this transitional state that there is a law requiring state monopolies to conduct public hearings to gauge the views of the masses on their pricing policy.

12 Apr 2003 - 12:00am