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BUSINESSOct 9China says it reaches ‘understanding’ with EU on hybrid carsTrade Commissioner Maroš Šefčovič says the agreement could prevent millions of Chinese vehicles from entering the European market over the next four years.Politico Europe
BUSINESSOct 9Prudential of Japan's new business suspension extended to Jan. 31, 2027Prudential of Japan's new business suspension has been extended until January 31, 2027. This decision impacts the company's operations and market presence for the specified duration.Seeking Alpha Tech
BUSINESSOct 9As China and the EU begin crunch trade talks, optimism is in short supplyObservers on both sides are braced for more turbulence – and mainly hope Beijing and Brussels can avoid a full-blown trade conflictthestar_my · malaysia
BUSINESSOct 9Hong Kong outlines new liquidity reforms as US market rally pulls funds awayHong Kong’s securities watchdog is renewing its push to boost market liquidity, setting out further reforms as emerging markets grapple with capital outflow pressure amid a rally in US equities and a strengthening dollar. Speaking at a conference organised by the Asian Securities & Financial Markets Association (Asifma) on Friday, Julia Leung, CEO of the Securities and Futures Commission (SFC), outlined measures ranging from extended trading hours and shorter settlement cycles to cross-market...South China Morning Post
BUSINESSOct 9China’s hotel room rates disappoint during ‘golden week’ despite tourism boomHotel room rates across mainland China fell short of expectations during the National Day “golden week” holiday despite a tourism boom, as company officials and analysts called for stronger asset and revenue management to ease pricing pressure. Hotel tariffs remained largely unchanged from the previous month between October 1 and 7, even as bookings jumped, according to executives at hotel operators and travel agencies. “The days when hotels and resorts could expect a windfall during the...South China Morning Post
BUSINESSOct 9China rejects yuan complaints, ‘golden week’ travel, Canton FairChina’s central bank rejected claims that the yuan is undervalued, rebutting a key European argument amid crunch negotiations ahead of a possible trade war. “China has no need or intent to gain competitive advantages through currency devaluation, nor has it ever resorted to competitive devaluation,” the People’s Bank of China said in a policy paper on Thursday, printed in both Chinese and English (see the full paper on SCMP Plus). “China’s trade growth is driven by its growing industrial...South China Morning Post
BUSINESSOct 9DFI Retail Group says it will continue to invest in Hong Kong supermarketsHong Kong-headquartered DFI Retail Group, which owns and operates the city’s largest supermarket network, says it will continue to invest in new stores even though consumers remain cautious. Darren Chan, the group’s managing director for food in Hong Kong and Macau, said DFI – whose supermarket chains include Wellcome and Market Place in Hong Kong – was also “looking for opportunities to strengthen” its network where there was “clear customer demand and attractive long-term returns”. “We invest...South China Morning Post
BUSINESSOct 9China state funds double down on Hua Hong in legacy chip pushChinese state funds are ramping up support for the country’s second-largest contract chipmaker, pouring billions of yuan into the parent of Hua Hong Grace Semiconductor and a new manufacturing facility to fuel Beijing’s drive for self-reliance in mature-node chips. The capital blitz, spanning Hua Hong’s Shanghai-based parent company and a fabrication plant in Wuxi, highlights how government-coordinated financing is doubling down on domestic foundries, as Washington tightens technology...South China Morning Post
BUSINESSOct 9Malaysia's growth momentum set to holdKUALA LUMPUR: Malaysia's economy is expected to maintain a favourable growth trajectory in 2027, anchored by robust domestic demand, continued investment activity and strengthening momentum across key sectors.nst · malaysia
BUSINESSOct 9China and EU trade envoys seek ways to ease tensions over growing imbalancesThe top trade envoys for China and the European Union are wrapping up two days of talks aimed at calming escalating tensions over growing imbalances between the two giant economiesThe Independent World
BUSINESSOct 911 premises raided over alleged bid-rigging to supply virtual reality systems to schoolsHong Kong’s competition watchdog has raided 11 offices and homes over alleged bid-rigging for contracts to supply virtual reality (VR) systems to schools and non-profit organisations, with the deals valued at HK$10 million. The Competition Commission revealed on Friday that it had secured warrants and searched the 11 premises, including those of several IT service and equipment providers, other firms and the residences of several suspects, in an operation the day before codenamed “Lens”. The...South China Morning Post
BUSINESSOct 9Nearly 30 years after IMF rescue, Thailand faces new economic test - ReutersNearly 30 years after IMF rescue, Thailand faces new economic test ReutersReuters World
BUSINESSOct 9Asian markets mixed following tech selloff as OpenAI revenue concerns weighAsian markets experienced mixed results following a tech selloff. This was influenced by concerns regarding OpenAI's revenue.Seeking Alpha Tech
BUSINESSOct 9Webinar: How to buy and sell a property in Japan as a foreignerLearn how to buy & sell a property in Japan as a foreigner. The webinar will be held online from 11 a.m. - 12 p.m. (Japan Standard Time)…Japan Today
BUSINESSOct 9Korean battery ETFs surge as AI data center demand boosts ESS outlookKorean secondary battery ETFs ranked among the top market performers this month as investors bet that AI data centers will drive growing energy storage system demand.koreajoongangdaily_joins · south korea
BUSINESSOct 9Former Greentown China head charged for taking bribes over stake in real estate projectHong Kong’s corruption watchdog has charged the former head of a listed company for allegedly accepting HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer in exchange for acquiring a stake in the developer’s real estate project. Zhang Yadong, 58, who was chairman of Greentown China Holdings from 2019 to 2025, faced a count of conspiracy to accept advantages, the Independent Commission Against Corruption (ICAC) said on Friday. The case was mentioned at Eastern...South China Morning Post
BUSINESSOct 9Can China use widening yield gap between the US dollar and yuan to boost global role?China should seize a window opened by the widening US-China yield gap to strengthen the financing, hedging and asset-absorption systems behind the yuan, turning its cyclical low-interest-rate advantage into lasting global use of the currency, according to a researcher from a Beijing-based governmental think tank. The 10-year US Treasury yield was 5.22 per cent on Thursday, compared with 1.69 per cent for Chinese government bonds on their first trading day after the National Day holiday – a gap...South China Morning Post
BUSINESSOct 8Central retail shop bought by Swiss heir in ‘rare’ Hong Kong market moveIn a rare market move, a long-established local developer sold a Central retail shop that was held for over 50 years to an heir of Swiss underwear maker Triumph, according to data from the Land Registry, a deal analysts have called “highly unusual”. The use of international capital to acquire local retail assets in Hong Kong is uncommon. Triumph International did not immediately respond to a request for comment from the South China Morning Post. The transaction involved a ground-floor shop at...South China Morning Post
BUSINESSOct 8China’s BYD considering lithium battery plant in Argentina, foreign minister saysBYD is studying whether to manufacture lithium batteries in Argentina, Foreign Minister Pablo Quirno said on Thursday after meeting Stella Li, the Chinese electric vehicle maker’s executive vice-president. According to Quirno, the company was looking at “investment opportunities in Argentina linked to the lithium value chain, particularly in the production of batteries and energy storage systems”. He did not say how much BYD might spend or where the factory could go. The minister tied the talks...South China Morning Post
BUSINESSOct 8Elevra Lithium rises on spodumene supply deal with Korea's LG EnergyElevra Lithium's stock has risen following a supply deal for spodumene with LG Energy, a Korean company. This agreement impacts the company's market performance and the supply chain for lithium.Seeking Alpha Tech
BUSINESSOct 8EU envoy in Beijing for talks to calm trade tensionsThe EU trade envoy said he hoped to make progress in tackling the bloc's "unsustainable" trade imbalance with China. Beijing called for trade disputes to be resolved through equal dialogue.DW News [en]
BUSINESSOct 8Jianzhi Education Announces Share Repurchase ProgramBEIJING, Oct. 8, 2026 /PRNewswire/ -- Jianzhi Education Technology Group Company Limited (Nasdaq: JZ), a leading provider of digital educational content in China, has announced its intention to initiate a share buyback program. This strategic move aims to return value to shareholders and underscores the company's confidence in its long-term growth prospects. Details of the Buyback Program: Purpose: The repurchase program is designed to enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and potentially supporting the stock price. Volume: The company plans to buy back shares up to a certain limit, which will be determined based on market conditions, stock price, and the company's financial position. Conditions: The buyback will be conducted under standard market conditions, adhering to legal and regulatory frameworks, including: Timing: Purchases will occur at management's discretion, in compliance with SEC regulations and other applicable securities laws. Price: Shares will be repurchased at prevailing market prices or through negotiated transactions, ensuring no market manipulation. Method: The company may use open market purchases, private negotiations, or tender offers to execute the buyback. Funding: The buyback will be funded from the company's existing cash reserves, and the program's size will be adjusted according to cash flow and capital requirements for ongoing operations and strategic investments. Statement from Leadership: "We believe that our current stock price does not fully reflect the intrinsic value and future potential of Jianzhi Education," said Yong Hu, CEO of Jianzhi Education Technology Group. "This buyback program reflects our commitment to our shareholders and our confidence in our business model, which is geared towards leveraging AI and digital solutions to transform education in China." About Jianzhi Education Technology Group Company Limited Headquartered in Beijing and established in 2011, Jianzhi is a leading provider of digital educational content in China and has been committed to developing educational content to fulfill the massive demand for high-quality, professional development training resources in China. Jianzhi started operations by providing educational content products and IT services to higher education institutions. Jianzhi also provides products to individual customers. Leveraging its strong capabilities in developing proprietary professional development training content and success in consolidating educational content resources within the industry, Jianzhi has successfully built up a comprehensive, multi-dimensional digital educational content database, which offers a wide range of professional development products. Jianzhi embeds proprietary digital education content into the self-developed online learning platforms, which are provided to a wide range of customers through its omni-channel sales system. Jianzhi is also fully committed to the digitalization and informatization of the education sector in China. For more information, please visit: www.jianzhi-jiaoyu.com. Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs, plans, and expectations, are forward-looking statements. Such statements are based on management's current expectations and current market and operating conditions, and involve known and unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Website: www.jianzhi-jiaoyu.comen_prnasisa · united arab emirates
BUSINESSOct 8Kemin Food Technologies - Asia Appoints Indesso as New Distribution Partner for IndonesiaSINGAPORE, Oct. 8, 2026 /PRNewswire/ -- Kemin Industries, a global ingredient manufacturer that strives to sustainability transform the quality of life every day for 80 percent of the world with its products and services, has appointed PT Indesso Niagatama as its new distributor for Kemin...cision · united states of america
BUSINESSOct 8Jianzhi Education Announces Share Repurchase ProgramBEIJING, Oct. 8, 2026 /PRNewswire/ — Jianzhi Education Technology Group Company Limited (Nasdaq: JZ), a leading provider of digital educational content in China, has announced its intention to initiate a...nynewscast · united states of america
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