Asia Business

Egypt's Qalaa Holdings to increase production capacity to 5.5 mln tons per year

10h55 Egypt's Qalaa Holdings, one of the country's largest investment companies, will operate 100% of its refinery units in January and increase its refinery production capacity to 5.5 million tons per year, the company's chairman told Reuters.  Full story

Russia says it missed oil-deal target due to rise in gas condensate output

10h36 Russia produced more oil in September than envisaged by a global deal due to an increase in gas condensate output as the country prepared for winter, local news agencies reported on Sunday.. . .  Full story

S.Korea downgrades this year's growth target to 2.0-2.1 percent

07h58 South Korea's finance minister said economic growth this year is expected to be around 2.0-2.1%, in line with projections by key international organisations but missing the ministry's target set in early July.. . .  Full story

Thousands take to Lebanon's streets in third day of anti-government protests

19/10 Tens of thousands took to the streets of Lebanon on Saturday for a third day of anti-government protests, directing growing rage at a political elite they blame for entrenched cronyism and driving the country to. . .  Full story

Energy revenue drop widens Algeria's trade deficit

19/10 Algeria's energy revenue dropped 11.91% in the first eight months of 2019, causing the country's trade deficit to rise by $1.63 billion from the same period a year earlier, official figures showed on Saturday.. . .  Full story

India's HDFC Bank quarterly net profit rises 27%

19/10 HDFC Bank, India's largest private lender, said on Saturday its net profit rose 27% in the second quarter of its financial year, helped by loan growth and a higher net interest margin (NIM).. . .  Full story

Lebanon's Hezbollah says does not want government to resign

19/10 Lebanon's Hezbollah leader Sayyed Hassan Nasrallah said on Saturday that the group was not demanding the government's resignation amid widespread national protests.. . .  Full story

China's indebted HNA group names chairman's son as president - Caixin

19/10 China's indebted HNA Group has appointed its chairman's son as president as part of business restructuring at the finance-to-aviation conglomerate, Chinese financial magazine Caixin reported on its website on Saturday.. . .  Full story

China says will continue to implement prudent monetary policies

19/10 China's central bank will continue to implement prudent monetary policies and create an appropriate financial environment for high-quality economic growth, Governor Yi Gang said, according to the bank's website.. . .  Full story

IMF says deepening negative interest rates an option for Bank of Japan

19/10 Deepening negative interest rates remains an option if the Bank of Japan were to ramp up stimulus, though any such move must be accompanied by fiscal and structural steps to be effective, a senior. . .  Full story

Lebanon, pushed to the brink, faces reckoning over graft

18/10 Lebanon is closer to a financial crisis than at any time since at least the war-torn 1980s as allies, investors and this week nationwide protests pile pressure on the government to tackle a corrupt. . .  Full story

Indonesia ramps up Pacific diplomacy with aid fund

18/10 Indonesia launched an international aid agency on Friday to strengthen its regional diplomatic relations, some of which have been strained by Jakarta's approach to the restive Papua region.. . .  Full story

Asia Gold-Price dip lures some Indian buyers as festival approaches

18/10 Gold discounts in India narrowed to a four-month low this week as some consumers took advantage of a modest dip in domestic prices to buy bullion ahead of a festival next week, while other. . .  Full story

Kashmir apple trade picks up again under shadow of militant attacks

18/10 More than 10,000 trucks laden with apples left Indian-ruled Kashmir this week in a sign that the territory is returning to normal, according to officials and government data, after India imposed a clampdown on. . .  Full story

India to take more steps to boost consumer demand, growth - chief econ adviser

18/10 India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said on Friday, in a bid to raise economic growth. . .  Full story

China's regulator tightens supervision on banks' structured deposit products

18/10 China's banking and insurance regulator issued rules on Friday to further regulate commercial banks' structured deposit products, aiming to rein in the rampant growth of the sector.. . .  Full story

Chimbusco secures 4 mln tonnes of very low-sulphur fuel

18/10 China Marine Bunker, known as Chimbusco, says it has secured at least 4 million tonnes of very low-sulphur fuel oil (VLSFO) for the next three quarters and has already started to supply all major Chinese. . .  Full story

Home from home: Hong Kong police group plans retirement in mainland China

18/10 A Hong Kong police association is in talks with a Chinese property developer about a planned Hong Kong-themed retirement community in mainland China, it said on its website.. . .  Full story

SE Asia Stocks-Most fall on China growth slowdown; Philippines leads losses

18/10 Most Southeast Asian stock markets closed lower on Friday after weak growth readings from China, while Indonesian stocks extended gains to a sixth day boosted by strength in the financial and consumer sectors.. . .  Full story

China eases M&A rules for listed companies to spur restructuring

18/10 China's securities regulator on Friday scrapped profitability requirements in merger and acquisition (M&A) deals involving publicly traded companies in an effort to facilitate restructuring in a slowing economy.. . .  Full story

China seeks to boost certified elderly caregivers by 2 million

18/10 China has scrapped a requirement of formal education for people seeking to be certified as caregivers for the elderly in a bid to increase their number by 2 million and plug a supply shortage.. . .  Full story

Russia's Gazprom starts filling first part of TurkStream with gas

18/10 Russia's Gazprom has begun filling the first part of the undersea TurkStream pipeline with gas, the pipeline operator said on Friday.. . .  Full story

Tramp shippers to be most challenged by IMO 2020 rule change -ICS

18/10 Shipping companies running itinerant merchant vessels known as tramps are concerned about sourcing fuel to comply with one of the biggest ever shake-ups of the industry next year, the head of the International Chamber of. . .  Full story

Japan govt downgrades economy view as global slowdown weighs

18/10 Making its economic assessment for October, Japan's government described the economy as recovering at a moderate pace, but said exports were showing prolonged weakness, which was a slightly bleaker view than last month.. . .  Full story

Hong Kong stocks fall on weak China growth data

18/10 Hong Kong stocks weakened on Friday, tracking broader losses in other Asian markets following downbeat China growth data, but made weekly gains on hopes more measures would be taken to support the island city's. . .  Full story

Japan's inflation hits 2-1/2-year low, raises stimulus chance this month

18/10 Japan's core consumer inflation slowed to near 2-1/2-year lows in September, dragged down by sliding energy prices and raising the chance the central bank will top up its already massive monetary stimulus at its. . .  Full story

Cathay Pacific shelves U.S. dollar bond plans amid Hong Kong unrest

18/10 Cathay Pacific Airways Ltd has shelved plans for its first U.S. dollar debt deal in 23 years, the airline said on Friday, after sources told Reuters that global investors had baulked at the pricing. . .  Full story

China stocks have worst day in a month after bleak GDP data

18/10 China stocks fell on Friday, posting their steepest daily drop in a month to end the week lower, as weaker-than-expected GDP growth deepened worries over the health of the world's second largest economy amid. . .  Full story

BOJ's Amamiya says to continue powerful easing as overseas risks mount

18/10 Bank of Japan Deputy Governor Masayoshi Amamiya said on Friday that the central bank must "patiently continue" its powerful monetary stimulus to maintain momentum towards achieving 2% inflation, as downside risks from overseas economies mount.. . .  Full story

Saudi Aramco delays planned IPO until after earnings update -sources

18/10 Saudi Aramco <IPO-ARMO.SE> has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world's largest oil firm, two sources familiar with the matter. . .  Full story

China's new lending benchmark set to be lowered marginally for 3rd month - Reuters poll

18/10 China is expected to cut its newly introduced benchmark lending rate for the third straight month, a Reuters poll conducted this week showed, as policymakers continue to lower borrowing cost in an economy growing at. . .  Full story

JGBs slip on firm stock prices, diminishing BOJ rate cut expectations

18/10 Japanese government bond prices slipped on Friday, extending their retreat this week, as Japanese share prices held firm following a Brexit deal between the European Union and Britain, and on optimism about the technology sector.. . .  Full story

China, Hong Kong stocks fall on downbeat GDP data

18/10 China and Hong Kong stocks retreated on Friday following weak GDP data, though losses were capped by hopes that Beijing would step up stimulus to bolster the economy, amid a bruising trade war with. . .  Full story

China's Sept property investment resilient, buoyed by new construction

18/10 China's property investment stayed buoyant in September, boosted by a rise in new construction activity, underlining hopes that resilience in the sector will help cushion a broader slowdown in the world's second-largest economy.. . .  Full story

China pork output falls 17.2% y/y for Jan-Sept period -stats bureau

18/10 China produced 31.81 million tonnes of pork in the first nine months of 2019, down 17.2% from the same period last year, official data showed on Friday, after African swine fever devastated its hog. . .  Full story

China Sept crude runs hit record high as new refineries ramp up

18/10 China's crude oil throughput rose 9.4% in September from a year earlier to its highest level on record, official data showed on Friday, led by increases from new refineries and as some independent plants. . .  Full story

Breakdown of China's Jan-Sept fixed-asset investment

18/10 Following is a breakdown of China's fixed-asset investment for the year to date, published by the National Bureau of Statistics on Friday. (Percent change from a year earlier, year to date):. . .  Full story

Breakdown of China's Jan-Sept property investment

18/10 Following is a breakdown of China's real estate investment for the year to September, published by the National Bureau of Statistics on Friday. Actual investment in the sector (bln yuan, pct change y/y):. . .  Full story

China cenbank's maturing bills, repos next week

18/10 Maturing Chinese central bank reverse bond repurchase agreements will drain 30 billion yuan ($4.24 billion) next week. The People's Bank of China (PBOC) has drained 810 billion yuan on a net. . .  Full story

China cenbank weekly open market operations at a glance; PBOC drains 810 bln yuan YTD

18/10 The People's Bank of China (PBOC) has drained 810 billion yuan ($114.46 billion) on a net basis from money markets via open market operations (OMOs) so far this year.. . .  Full story

Japan's inflation slows to near 2-1/2-year low, keeps BOJ under pressure

18/10 Japan's core consumer inflation slowed to near 2-1/2-year low in September, dragged down by sliding energy prices and keeping the central bank under pressure to top up its already massive monetary stimulus.. . .  Full story

DHFL's bondholders take shadow bank to bankruptcy court

17/10 The resolution plans of debt-laden shadow lender Dewan Housing Finance Corporation Ltd (DHFL) have hit a roadblock after the custodian of DHFL bonds said on Thursday it is taking the firm to bankruptcy court. . .  Full story

Saudi Aramco delays IPO - sources

17/10 Saudi Aramco plans to delay the launch of its initial public offering as it wants to update its third-quarter earnings, two sources familiar with the matter said on Thursday.. . .  Full story

Saudi Aramco, ACWA Power to invest $3 bln to build LNG plant and terminal in Bangladesh

17/10 Saudi Aramco and ACWA Power signed a deal with Bangladesh on Thursday to develop a 3,600-megawatt LNG-based power plant and terminal in the country.. . .  Full story

Egypt to press ahead with sale of stakes in state companies - govt adviser

17/10 Egypt is fully committed to its programme to sell minority stakes in state companies and is tackling a number of issues that have held it up, a government advisor on the share sales said. . .  Full story

Libya estimates 2020 budget at less than $34 bln - GNA economy ministry

17/10 Libya's 2020 budget is estimated at slightly less than 48 billion Libyan dinars ($34 billion), the U.N.-backed administration said on Thursday, a day after it sharply hiked kerosene prices as part of a reforms. . .  Full story

Head of Beijing-backed lender warns of Asia pain from US-China trade dispute

17/10 The Sino-U.S. trade dispute, if it persists, will hurt Asian countries that rely heavily on exports to China and affect their debt sustainability, the head of the Beijing-backed Asian Infrastructure Investment Bank (AIIB) warned on. . .  Full story

Six warning lights flashing for China’s slowing economy

17/10 China’s $13 trillion economy is slowing and indicators showing that range from freight shipments to factory power generation and from employment to expenditures on entertainment.. . .  Full story

Indian court jails former MD of PMC Bank as fraud probe deepens

17/10 An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to jail as a probe into an alleged 43.55 billion rupees ($610 million) fraud. . .  Full story

New Thai government faces major test in first budget debate

17/10 Thailand's parliament on Thursday began debate on a budget bill that is set to test the strength of a new civilian coalition government headed by a former military junta leader.. . .  Full story

Qatar's dairy company Baladna to raise around $392 mln in IPO

17/10 Qatari company Baladna, which has built a dairy business in the desert following a trade embargo by Saudi Arabia and its allies, will launch an initial public offering this month that could raise 1.426. . .  Full story

SE Asia Stocks-Most fall; Singapore drags on weak export data

17/10 Singapore's shares fell on Thursday after the city-state reported dismal export figures, while most Southeast Asian stock markets slipped as investors awaited more details on the first phase of the Sino-U.S. trade deal.. . .  Full story

Hong Kong stocks close at one-month high on stimulus hopes

17/10 Hong Kong stocks climbed to end at a one-month high on Thursday, on hopes that more stimulative measures would be rolled out to bolster the island city's growth amid months-long protests.. . .  Full story

Russia's Rosneft suspends work at Iraq oil field near Syria - Ifax

17/10 Russian oil giant Rosneft has decided to suspend work at an oil field in Iraqi Kurdistan because of its proximity to the border with Syria, the Interfax news agency reported on Thursday, citing Rosneft.. . .  Full story

Loosened lending rules in Hong Kong stoke optimism for small apartment sales

17/10 Relaxed mortgage rules in Hong Kong that allow buyers to take on bigger loans will drive small-to-medium flat sales, property agents say, with the changes already prompting some sales.. . .  Full story

China's pig herd to recover in 2020 after African swine fever devastation - official

17/10 China's hog production capacity should bottom out this year after outbreaks of African swine fever decimated the world's biggest pig herd, an official said on Thursday, forecasting a return to usual pig numbers in. . .  Full story

Vietnam says African swine fever outbreak slows, urges farmers to rebuild herds

17/10 Vietnam has urged farmers to restore pig herds battered by an outbreak of African swine fever as the spread of the disease has shown signs of slowing, officials said on Thursday, to prepare for. . .  Full story

Nikkei slips on profit-taking after rally to 10-month peak

17/10 Japan's stock benchmark Nikkei pulled back on profit-taking on Thursday, a day after rallying to more than 10-month highs, as investors waited for signs of progress on U.S.-China trade talks and Brexit negotiations.. . .  Full story

Hong Kong stocks hit one-month high on stimulus hopes; China roughly flat

17/10 Hong Kong stocks rose on Thursday to their highest in a month, on hopes that more stimulative measures would be rolled out to bolster the island city's growth amid months-long protests.. . .  Full story

Nikkei pauses after jump to 10-month high; chip-related stocks retreat

17/10 Japanese shares took a breather on Thursday, a day after rallying to more than 10-month highs, as investors waited for signs of progress on U.S.-China trade and Brexit negotiations.. . .  Full story

Death toll rises to 3 from Philippines earthquake

17/10 At least three people were killed and dozens injured when a magnitude 6.4 earthquake struck the southern Philippines late on Wednesday, authorities said on Thursday.. . .  Full story

Libyan gov't raises commercial price for kerosene as first step in reforms

17/10 Libya's internationally recognised government said on Wednesday it was sharply increasing the price of kerosene for industrial and commercial use as a first step to reform costly fuel subsidies and tackle smuggling.. . .  Full story

Strong quake in Philippines kills one, injures dozens

16/10 A magnitude 6.4 earthquake struck the southern Philippines on Wednesday, killing at least one child and injuring more than two dozen other people.. . .  Full story

Kenya opens $1.5 bln Chinese-built railway linking Rift Valley town and Nairobi

16/10 Kenya's opened a $1.5 billion Chinese-built railway line linking Nairobi to Naivasha on Wednesday, despite delays in building an industrial park in the Rift Valley town to encourage freight.. . .  Full story

Abu Dhabi's Etihad sets up low-cost airline with Air Arabia

16/10 Etihad Airways and Air Arabia are jointly setting up a low cost carrier in Abu Dhabi to tap into growing demand for budget travel from the United Arab Emirates' capital, they said on Wednesday.. . .  Full story

China to lift business curbs for foreign banks, brokerages - cabinet

16/10 China will remove business restrictions on foreign banks, brokerages and fund management firms, a cabinet meeting chaired by premier Li Keqiang on Wednesday said, according to state television.. . .  Full story

SE Asia Stocks-Markets track Asian peers to end higher; Philippines leads gains

16/10 Southeast Asian stock markets ended higher on Wednesday, in line with Asian peers, as strong U.S. corporate earnings helped soothe concerns about a global slowdown, while a potential breakthrough in Brexit deal negotiations also aided. . .  Full story

Indonesia, S.Korea move closer to signing bilateral trade deal

16/10 Indonesian and South Korea took a key step on Wednesday towards a bilateral agreement that is expected to help boost trade between the two nations by about 50% by 2022.. . .  Full story

Slowing Indian bank lending overshadows economic rebound hopes

16/10 Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of India (RBI) data shows, as slowing domestic consumption weighs on demand.. . .  Full story

HK stocks rise to 1-month high as govt housing measures boost property shares

16/10 Hong Kong stocks rose to a one-month high on Wednesday, led by property shares, after the city's leader announced measures aimed at easing a housing shortage and calming anti-government protests.. . .  Full story

Thai Central Pattana plans over $700 mln investment by 2022

16/10 Central Pattana Pcl, Thailand's largest mall operator, will invest 22 billion baht ($722.97 million) by 2022 in new projects and store renovations, a top executive said on Wednesday, despite a slowing economy and growing. . .  Full story

TABLE-Malaysia's Oct 1 - 15 palm oil exports rise 2% m/m -AmSpec Agri

16/10 Exports of Malaysian palm oil products for Oct. 1 - 15 rose 2% to 684,907 tonnes from 669,709 tonnes shipped during Sept. 1 - 15, according to data released by independent inspection company AmSpec. . .  Full story

Malaysia says will work diplomatically with India if palm oil imports curbed

16/10 Malaysia will work diplomatically with India if it decides to restrict imports of Malaysian palm oil, Prime Minister Mahathir Mohamad said on Wednesday, according to the state news agency Bernama.. . .  Full story

Tokyo shares hit 10-mth high on weaker yen; chip-related stocks shine

16/10 Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted bluechip exporters, while chipmaking-related stocks advanced, taking their cue from Wall Street peers.. . .  Full story

BOJ will adjust balance sheet when 2% inflation met - Kuroda

16/10 Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank would continue with large-scale monetary easing to achieve its 2% inflation target, and that it would adjust its increased balance sheet when. . .  Full story

Hong Kong leader Carrie Lam unveils property measures

16/10 Embattled Hong Kong leader Carrie Lam unveiled a package of property measures on Wednesday aimed at restoring confidence in her administration after more than four months of anti-government protests in the Chinese-ruled city.. . .  Full story

Founder of China's Hanergy apologises to workers for late salaries

16/10 The founder of Chinese clean energy firm Hanergy Thin Film Power Group, Li Hejun, has apologised to the firm's 15,000 employees for late salary payments, blaming a slowing economy and other unexpected setbacks for the. . .  Full story

Nikkei climbs to 10-month high on weaker yen; chip-related stocks shine

16/10 Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted blue-chip exporters, while chip-related stocks advanced, taking their cue from Wall Street peers.. . .  Full story

China conducts MLF but keeps rates unchanged - statement

16/10 China's central bank extended loans through its medium-term lending facility (MLF) on Wednesday while keeping the lending rate unchanged.. . .  Full story

-Pakistan LNG cancels huge 10-year LNG tender -sources

16/10 State-owned Pakistan LNG has cancelled a tender to buy liquefied natural gas over a 10-year period and may turn to the spot market instead, two sources familiar with the matter told Reuters on Tuesday.. . .  Full story

Russia's and UAE's funds consider joint projects in Russia

15/10 Russia's RDIF and UAE's Mubadala will jointly consider an investment into a new pulp mill construction project with Russia's Sveza, RDIF said in a statement on Tuesday.. . .  Full story

ADNOC wants Italy's ENI, Austria's OMV to partner with it on refinery expansion

15/10 Abu Dhabi National Oil Company (ADNOC) wants to partner with Italy's Eni and Austria's OMV to expand its refining capacity to 1.5 million barrels per day, a company executive said on Tuesday.. . .  Full story

China reports new African swine fever outbreak in Guangxi region

15/10 China detected African swine fever in pigs being transported to Guangxi region from outside provinces, the Agriculture Ministry said on Tuesday.. . .  Full story

IMF expects Egypt economy to grow 5.9% in year to end of June

15/10 Egypt's economy is expected to grow 5.9% in the year ending in June, the International Monetary Fund said on Tuesday -- unchanged from its April forecast but below the government's target of 6% to. . .  Full story

India readies policy to attract foreign investment in coal mining

15/10 India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country's Coal Minister Pralhad Joshi said on Tuesday.. . .  Full story

Malaysia offers to increase imports from India after Kashmir row

15/10 Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New Delhi could restrict Malaysian palm oil imports following the country's criticism of India's actions in. . .  Full story

China Sept new bank loans beat expectations, more easing seen

15/10 China's banks extended more new yuan loans than expected in September, as policymakers ramped up support to stabilise the slowing economy during a bruising trade war with the United States.. . .  Full story

China's commodity imports stay robust, but caution warranted: Russell

15/10 On the surface China's imports of major commodities appeared to continue their resilience in September, even as the country's total exports and imports laboured under the strain of the trade dispute with the United States.. . .  Full story

Indonesian capital still sinking, despite groundwater improvements

15/10 Indonesia's capital Jakarta is still sinking by 12 centimetres (4.7 inches) per year in northern parts of the city, despite an improvement in groundwater levels blamed for causing land subsidence, an official said on Wednesday.. . .  Full story

Pakistan LNG cancels huge 10-year LNG tender -sources

15/10 State-owned Pakistan LNG has cancelled a tender to buy liquefied natural gas over a 10-year period and may turn to the spot market instead, two sources familiar with the matter told Reuters on Tuesday.. . .  Full story

SE Asia Stocks-Most end lower on trade deal uncertainty

15/10 Most Southeast Asian stock markets ended lower on Tuesday, with Philippines falling the most, as optimism over a Sino-U.S. trade deal faded after Chinese demanded further talks, while investors also sought more details on. . .  Full story

China's record pork prices to rise faster, further -analysts

15/10 China's record pork prices are set to rise faster in coming weeks, said analysts on Tuesday, even as official data showed that the nation's most popular meat has already pushed consumer inflation to a. . .  Full story

China central bank says credit support for real economy is increasing

15/10 China's central bank said on Tuesday that demand from the real economy for credit remains relatively strong and credit support for the real economy is increasing.. . .  Full story

China outstanding total social financing rises 10.8% y/y at end-Sept

15/10 China's outstanding total social financing (TSF) was 219.04 trillion yuan ($30.96 trillion) at the end of September, up 10.8% from a year earlier, the central bank said on Tuesday.. . .  Full story

Mubadala sells Medgaz pipeline stake to Naturgy, Sonatrach

15/10 Spain's Naturgy Energy Group SA and Algeria's Sonatrach have agreed to buy Abu Dhabi state fund Mubadala's 42.09% stake in the Medgaz pipeline, which carries natural gas from Algeria to Spain,. . .  Full story

Hong Kong stocks end down amid trade, economic woes

15/10 Hong Kong stocks slipped on Tuesday amid worries over China's economic health and uncertainties around Sino-U.S. trade talks, but losses were limited as the city's central bank cut banks' capital buffer to support the. . .  Full story

BOJ keeps sanguine view of regional economy, stands ready to act

15/10 The Bank of Japan on Tuesday raised its assessment for one of the country's nine regions and stuck to its sanguine view on the rest, though frail factory production and exports suggested pressure for. . .  Full story

China's pork, beef imports surge in September

15/10 China's pork imports in September surged 76% from a year earlier while beef imports came close to a monthly record, as it stocked up on proteins after disease decimated its huge hog herd, customs. . .  Full story

World Bank sees Egypt economy growing 5.8% in 2019/20

15/10 The World Bank forecast on Thursday that Egypt's economy would grow by 5.8% this fiscal year, lower than the government's target of 6-7% but in line with the bank's expectation six. . .  Full story

China stocks snap 5-day rally on downbeat data

15/10 China stocks fell on Tuesday, snapping a five-day winning streak, as the latest factory gate data added to the country's economic woes and a deal to end the trade war with the United States. . .  Full story

Hong Kong retail rents fall sharply in Q3 - consultancy

15/10 Retail rents in Hong Kong, among the most expensive in the world, fell sharply in the third quarter, property consultancy CBRE said on Tuesday, following anti-government protests that have pushed shop sales to a. . .  Full story

KKR-led consortium invests $685 mln in Philippines' top hospital chain

15/10 A KKR-led consortium said it will invest $685 million in the largest hospital group in the Philippines, seeking to capitalise on growing demand for private healthcare in Southeast Asia.. . .  Full story