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BUSINESS7h agoForeign banks trim China branch networks as low returns test strategyAlmost two decades after gaining permission to conduct yuan business for local clients, foreign-funded banks are still refining their strategy in China, where the financial sector is dominated by state-owned lenders. While Citi exited its China retail banking business, other foreign banks have continued to close branches and sub-branches, focusing instead on digitalisation, wealth management and core clients to strengthen their foothold in the market. Deutsche Bank (China) announced the closure...South China Morning Post
BUSINESS8h ago‘Hot economics, cold politics’: why China gave nod for expanded Japanese trade tripBeijing’s decision to allow a bigger Japanese business delegation to go to China next month may be cause for some optimism but “hot economics and cold politics” will continue to dominate the strained relationship between the two countries, observers say. Kyodo news agency reported this week that Beijing had agreed to allow the Japanese Business Federation – the country’s most influential business lobby, also known as Keidanren – to expand its delegation coming to China next month. The group will...South China Morning Post
BUSINESS8h agoAgereh Technologies Inc . Announces Private Placement Offering of $600 , 000Agereh Technologies Inc. has announced a private placement offering valued at $600,000. This is a routine financial transaction for the company.simcoereformer.ca · Canada
BUSINESS8h agoOntario gas prices this weekend : GTA forecastThis article forecasts gas prices for the Greater Toronto Area (GTA) in Ontario for the upcoming weekend. It matters for consumers planning travel or fuel purchases in the region.cambridgetimes.ca · Canada
BUSINESS8h agoInflation next wave could be building as energy costs spread through economyA potential next wave of inflation is suggested to be building as rising energy costs propagate throughout the economy. This indicates a significant economic trend that could impact consumers and businesses broadly.fox23.com · United States
BUSINESS8h agoFed chief warns of bumpy AI ride as job impact unclearThe head of the Federal Reserve has warned about a challenging transition due to artificial intelligence, as its impact on employment remains uncertain. This highlights potential significant economic and social changes driven by AI.europe.chinadaily.com.cn · China
BUSINESS8h agoBendigo housing push : Villawood targets 3000 homes in $2bn plan | Bendigo AdvertiserVillawood is planning to develop 3000 homes as part of a $2 billion initiative in Bendigo. This signifies a major housing and economic development project in the region.bendigoadvertiser.com.au · Australia
BUSINESS8h agoHow This Year Nobel Prize Winners Shaped Keynesian EconomicsThis article explores how this year's Nobel Prize winners have influenced Keynesian Economics. It highlights significant contributions to economic theory.foreignpolicy.com · United States
BUSINESS9h agoAnthropic offers Blackstone double-digit yield in latest chip financingHigh borrowing costs complicate AI lab’s goal of achieving investment-grade statusFinancial Times
BUSINESS9h agoAir Canada adds new U . S . routes , cuts some Mexico flightsAir Canada is expanding its U.S. routes while simultaneously reducing some flights to Mexico. This indicates strategic adjustments in the airline's operational network.yorkregion.com · Canada
BUSINESS9h agoAgereh Technologies Inc . Announces Private Placement Offering of $600 , 000Agereh Technologies Inc. has announced a private placement offering seeking to raise $600,000. This is a corporate finance development for the company.recorder.ca · Canada
BUSINESS9h agoLos Angeles County sales tax addiction is getting out of control – Daily BreezeLos Angeles County is reportedly experiencing an excessive reliance on sales tax revenue. This suggests a potential issue with local government fiscal policy or economic management.dailybreeze.com · United States
BUSINESS9h agoLos Angeles County sales tax addiction is getting out of control – Pasadena Star NewsThe Pasadena Star News argues that Los Angeles County's reliance on sales tax is becoming excessive. This highlights a local fiscal policy concern.pasadenastarnews.com · United States
BUSINESS9h agoCouple tax fix plea as tobacco fire guts cafe dreamA couple is seeking tax assistance after a tobacco fire destroyed their cafe. This highlights the challenges small businesses face when recovering from unexpected disasters.singletonargus.com.au · Australia
BUSINESS9h agoGlobal diesel crisis turns oil refineries into profit machinesA global diesel crisis is transforming oil refineries into highly profitable operations. This indicates significant shifts in the energy market and their economic consequences worldwide.maravipost.com · Malawi
BUSINESS9h agoFranco-German auto deal spares Stellantis but leaves Renault exposedTo qualify for subsidies, vehicles must be produced in EU countries with at least 70% European components – a lower threshold than before, but one that could disadvantage the Renault brand.Le Monde [en]
BUSINESS9h agoBrent crude hits $110 for first time since May; U.S. WTI tops $100Seeking Alpha Tech
BUSINESS9h agoHow a Philadelphia couple turned pigeons into one of the city's most popular toursHannah Michelle Brower and Aspen Simone turned pigeons, what many view as a nuisance, into a thriving sightseeing experience in Philadelphia. Steve Hartman has the story in "On the Road."CBS News
BUSINESS9h agoMalaysia’s shoppers love Chinese e-commerce. Its factories pay the priceIn hindsight, it was only a matter of time before Esha Yusof joined the growing ranks of Malaysian shoppers being drawn to Chinese e-commerce giant Pinduoduo. Esha is a relative newcomer. She signed up in July, more than half a year after the platform launched in Malaysia – and has been smitten with it ever since. Rock-bottom prices, a vast range of products and seamless payments through a popular local e-wallet make it easy for the 32-year-old to spend an average of 500 ringgit (US$122) a month...South China Morning Post
BUSINESS10h agoBoeing commercial sales chief McMullen set to retire - ReutersSeeking Alpha Tech
BUSINESS10h agoInflation drives up family expenses by hundreds per month since Jan . 2025Inflation has caused family expenses to increase by hundreds of dollars monthly since January 2025. This indicates a substantial impact of economic conditions on household finances.gulfcoastnewsnow.com
BUSINESS10h ago150 , 000 tonnes of steel to be recycled after Eraring shuts in 2029 | Dungog ChronicleAn estimated 150,000 tonnes of steel are slated for recycling after the Eraring facility closes in 2029. This details future industrial dismantling and resource recovery plans.dungogchronicle.com.au · Australia
BUSINESS10h agoElon Musk Settles Lawsuits Over Voter GiveawaysElon Musk has reached a settlement in lawsuits concerning voter giveaways. This concludes legal challenges related to his initiatives.960weli.iheart.com · United States
BUSINESS10h agoInflation drives up family expenses by hundreds per month since Jan . 2025Inflation has reportedly increased family expenses by hundreds of dollars per month since January 2025. This indicates a significant and ongoing financial burden on households.wisn.com · United States
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