Hong Kong August PMI rises to 49.0

Hong Kong August PMI rises to 49.0

HONG KONG–The Nikkei Hong Kong Purchasing Managers Index rose to 49.0 in August from 47.2 in July, but remained in contractionary territory for the 18th consecutive month, indicating a continued deterioration in Hong Kong's private sector, Markit …
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China's Wealth-Management Product Boom Seen Cooling on Rules

So far in 2016, Chinese financial firms sold $24.1 billion of hybrid securities counted as capital, down 38 percent a year earlier, Bloomberg-compiled
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Obama makes trade deal top priority in remaining months

WASHINGTON – Despite formidable opposition across the political spectrum, President Barack Obama is using his final months in office to fight for congressional approval of a 12-nation free trade pact called the Trans-Pacific Partnership …
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Hanjin Shipping Is Trying to Stop Its Ships From Being Seized

Hanjin is planning legal action in about 10 countries this week, South Korea's regulator said. South Korea's Hanjin Shipping plans to take legal action in jurisdictions worldwide to prevent its vessels being seized, as more of its ships were blocked …
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Calais blockade: Protest to target migrant Jungle camp

A protest by lorry drivers and farmers against the migrant camp in Calais is expected to lead to major disruption in the French port.
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