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Japan, Hong Kong See Gains as U.S. Indexes Hit Record Finishes

May 20, 2013

The market reopened this week with the Hang Seng Index 1.6% higher than it was before the holiday. The Nikkei Stock Average also climbed 1.4% in Tokyo, reaching one of its highest levels in over five years. The increases may be the result of a record finish for the Dow industrials and the S&P 500 as U.S. economic data looks up. “The share-market rally across the world is putting the ‘don’t chase a rally’ adage to the test, as...

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West Asia Region Projected to Collect $90 Billion by 2020

April 21, 2013

A recent survey launched by the Airport Show reveals that the West Asia region has extremely high potential for growth and investment over the next five years. In fact, $90 billion is projected to go into the industry between 2013 and 2020. The survey, which was held just before the inaugural Global Airport Leaders’ Forum, shows that 64.4% of...

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Asian Development Bank President Steps Down

March 18, 2013

Asian Development Bank president Haruhiko Kuroda has stepped down from his position to serve as governor of the Bank of Japan. Having worked at ADB for eight years, Kuroda was the longest serving president at the bank. During a speech, Kuroda said he hopes that the ADB will continue to support Asian countries while taking advantage of growth opportunities...

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Steven Leonard of EMC On the Big Data Market

February 18, 2013

EMC Corporation is a leading IT storage and hardware solutions company that deals with ‘Big Data’, or cloud computing and software services. The Big Data market is growing rapidly, and is expanding especially in the Asia-Pacific region. Rico Hizon of Asia Business Reports recently discussed the industry with EMC’s Steven Leonard.

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Zarsha Leo Popular in Hong Kong

February 18, 2013

Zarsha Leo’s Hong Kong branch is especially successful thanks to its traditional American menu. It offers popular American dishes including hot dogs, burgers, onion rings and French fries, attracting both tourist and locals. “Our classic menu is a sort of novelty in the area,” explains Zarsha Leo CEO Evan Burschkopf. “We attract American tourists as well as Hong Kong...

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Asia Leads Investments in Watershed Projects

January 24, 2013

A new report has revealed that Asia is the leading entity when it comes to investing in and protecting drinking water and other natural resources. The report states that all the region’s countries invested over $8 billion to enhance water security back in 2011. Conducted by US non-government organization Forest Trends, the “State of Watershed Payments of 2012” study...

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Seth Fischer Oasis & Other Funds Take Hong Kong By Storm

January 20, 2013

Hong Kong’s hedge fund world is fast taking center stage on the financial scene. In December of 2007 at the 5th Annual Hedge Funds Conference, Secretary for Financial Services & the Treasury, Professor KC Chan said that he thinks Hong Kong is becoming the hedge fund hub of Asia. He quoted figures that showed that the hedge fund presence...

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Real Estate Sector Attracts Investors to Indonesia’s Capital

December 19, 2012

China’s real estate market has been booming for quite some time, but new speculations are now pointing investors towards more southern regions. A real estate forecast by PriceWaterhouseCooper and Urban Land Institute has revealed that Indonesia’s capital, Jakarta, will be the top place to purchase property in 2013, with the market surpassing even Hong Kong, Singapore and Sydney. International...

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Hong Kong Moves to Number 1 Spot in Index

November 13, 2012

Hong Kong is, today, one of the top financial markets in the world. In 2011, they took the number one spot on the World Economic Forum’s 2011 index of financial market development. And they were the first Asian financial center ever to do so. The report looks at 60 of the world’s leading financial systems with over 100 variables...

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Asia and Europe Discuss Economic Crises

October 16, 2012

As the threat of global economic fallout looms nearer, Asian and European leaders meet to discuss their options. The meetings, which began in Bangkok this week, come as Asia’s economies begin to buckle under strains from the European debt crisis. Previously viewed as the strong points in a global crisis, the region’s concerns are deepening. “With the ongoing economic...

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