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Hong Kong has surpassed Tokyo as Asia's most expensive city to build property as rising construction prices add to a worsening labor crunch, a new market survey released by Turner & Townsend showed.
U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, becoming the latest foreign firm to scale back in Greater China, two people said, amid a prolonged capital market downturn and growing Sino-U.S. tensions.
Investors from Hong Kong and Singapore, where rental yields stand in the low single digits, are showing particular interest in Bali property.
Hong Kong's home prices are falling once again despite the easing of control measures, but a surge in demand for lettings is driving rents to new highs in one of the most expensive cities in the world.
BEIJING - Most Taiwanese can visit China with no need to worry and can come "in high spirits", the Chinese government said, condemning Taiwan for warning its citizens not to go following a threat from Beijing to execute "die-hard" separatists.
BEIJING - Most Taiwanese can visit China with no need to worry and can come "in high spirits", the Chinese government said, condemning Taiwan for warning its citizens not to go following a threat from Beijing to execute "die-hard" separatists.
Numerous thoughts rushed to mind. First, I had to scour my brain to remember what I had written. Rats, after all, are not something I write or think about often. Second, I was pleased to discover that someone was reading my column – especially one written over five years ago.
Younger, wealthy shoppers in Asia are splashing their cash on art, according to a longtime collector and senior auction house executive.
HONG KONG -- A high-profile court case brought by Hong Kong's financial watchdog against a local hedge fund has thrown a spotlight on market-moving block trading. Hong Kong has recently stepped up regulation of this market practice, which is little known among small investors.