Uber admits it rented fire-prone cars in Singapore

HONG KONG (CNNMoney) - Uber's latest embarrassing crisis involves renting out fire-prone cars to its drivers in Singapore. The ride-hailing startup has admitted it provided the faulty vehicles even though they had been recalled months earlier over a defect ... ( read original story ...)

Chinese Wealth Manager Plans Branches in Australia and Canada

“When I joined Noah three years ago, I thought clients in second- and third-tier cities had no demand for overseas investment,” said Lam, who had worked for 15 years at McKinsey & Co ... first overseas branch in Hong Kong in 2012 and set up the ... ( read original story ...)

Hong Kong Startup Is Said Close to $500 Million Valuation (2)

(Bloomberg) -- TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person familiar with the matter. The firm has attracted ... ( read original story ...)

L’Occitane conceptualises in-store design in China and Japan

Following a healthy second quarter in China, Japan and Hong Kong, which ended on 30th June 2017 ... “We are pleased to report a solid start to FY2018, which was supported by good returns from our ongoing marketing activities, particularly in China ... ( read original story ...)

North Korean missile tests could pose a risk to passenger planes

HONG KONG (CNN) - North Korea's accelerated missile testing may ... huge and create a difficult decision for airlines operating in the area. "Does it start a war? Is it an act of war? The impact of what could happen if that did occur are more than just ... ( read original story ...)

China aluminum capacity cuts boost market leaders, prices

Shares in state-run Aluminium Corp of China (Chalco) have surged 47 percent since the start of July, while shares in Shenzhen ... said analyst Helen Lau of Argonaut Securities in Hong Kong. Both Deutsche Bank and Wood Mackenzie see 3 million tonnes of ... ( read original story ...)