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BUSINESS2d agoGuangzhou-Hong Kong Zero-Carbon Route Opens“The largest inland river intelligent electric container ship in South China set sail on Tuesday from the Nansha Port in Guangzhou, the capital of Guangdong province, heading towards Hong kong International Terminals. The operation of the ship, fully loaded with furniture, daily necessities, and other goods produced in Guangdong, marked the official launch of the […] The post Guangzhou-Hong Kong Zero-Carbon Route Opens appeared first on Human Progress.Human Progress
BUSINESS2d agoGlobalFoundries climbs after landing potential $21B deal in US-Japan initiativeGlobalFoundries saw an increase in its stock value after potentially securing a $21 billion deal. This deal is part of a joint initiative between the US and Japan.Seeking Alpha Tech
BUSINESS2d agoASML’s chip equipment sales to China soar 109% despite US export curb pushDutch semiconductor equipment giant ASML expects China to account for about 20 per cent of its total sales this year, after seeing shipments to the market more than double during the previous quarter despite mounting US pressure for tighter export restrictions on less advanced chipmaking machinery. The company’s sales to China surged 109 per cent in the third quarter compared with the previous three months, according to financial results released on Wednesday. That took China’s share of ASML’s...South China Morning Post
BUSINESS2d agoChina’s Li Qiang vows more high-value imports as trade surplus faces scrutinyPremier Li Qiang said on Wednesday that China stands ready to import more high-quality goods, particularly high-value-added products, as part of efforts to promote more balanced trade. Li made the pledge at an opening ceremony for the autumn session of the biannual Canton Fair, China’s largest foreign trade exhibition. The nearly three-week-long event officially opens on Thursday, with more than 32,000 exhibitors and 210,000 overseas buyers registered in advance. “International trade is not...South China Morning Post
BUSINESS2d agoWhat does the historic Bank of America fine mean for US-China capital streams?As the US Treasury imposed historic fines on Bank of America over compliance failures involving Chinese money-laundering networks, analysts see the action as a signal that could prompt Western banks to tighten scrutiny of Chinese clients and cross-border transactions. The penalties, announced on Tuesday and totalling more than US$1.21 billion, included what the US Treasury described as its third-largest penalty on record and the largest in the history of the Office of the Comptroller of the...South China Morning Post
BUSINESS2d agoEU-China trade progress welcomed, yet trust issues lingerWhile a deal to reduce exports of hybrid vehicles represents an early win, tougher issues remain on the negotiating table.Politico Europe
BUSINESS2d agoChina's influence in the gaming industryHome to more than 700 million gamers, China is the world's largest gaming market — but it's also one of the most tightly regulated. The effects reach far beyond China, impacting players around the world.DW News [en]
BUSINESS2d agoChina's influence in the gaming industry is growingHome to more than 700 million gamers, China is the world's largest gaming market — but it's also one of the most tightly regulated. The effects reach far beyond China, impacting players around the world.DW News [en]
BUSINESS2d agoIndonesia seeks Nigerian investors, eyes stronger trade tiesIndonesia is seeking increased investment from Nigerian businesses and stronger bilateral cooperation in renewable energy, waste management, manufacturing and agriculture, while expressing willingness to invest in Nigeria, and expand trade, industrial partnerships between both countries. The post Indonesia seeks Nigerian investors, eyes stronger trade ties appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoMGM Resorts' Japan casino resort is still tracking for a 2030 openingThis article states that MGM Resorts' casino resort project in Japan is still on schedule for an opening in 2030. It provides an update on a significant international business development.Seeking Alpha Tech
BUSINESS3d agoChinese memory giant YMTC to grow revenue 6 times faster than peers as IPO nears: reportYangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research. The company’s server-related revenue was effectively zero in 2024, but could account for nearly 39 per cent of its revenue by 2028, according to the market intelligence firm on Tuesday. Much of the momentum is...South China Morning Post
BUSINESS3d agoTaiwan is willing to invest USD 4.4 billion in an Alaska gas pipeline promoted by TrumpTaiwan will invest up to $4.4 billion in an Alaska gas pipeline project, securing the purchase of six million tons of LNG annually. The commitment includes significant participation in the project's development, which is expected to supply Taiwan starting in 2032, strengtheningClarín
BUSINESS3d agoAmerican Resources forms Indo-Pacific unit to lead Malaysia rare earth expansionAmerican Resources is establishing an Indo-Pacific unit to manage its expansion in rare earth resources in Malaysia. This marks a strategic business development in the resource sector.Seeking Alpha Tech
BUSINESS3d agoChina’s exports surge amid AI-driven demandExports grew by 36.3 percent in September, the biggest leap since the COVID-19 pandemic.Al Jazeera [en]
BUSINESS3d agoRetro trend: is China simply copying the German VW Beetle here?Citroën's 2CV has just been unveiled as an electric car, and the retro Fiat 500 is already a hit. Few know that in China even Germany's VW Beetle is making a comeback, but only in looks.EuroNews [en]
BUSINESS3d agoChina chip exports jump 136% to US$45b as AI frenzy jacks up pricesChina’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain. In September, China exported 32.7 billion units of ICs, according to customs data released on Wednesday, a 1 per cent year-on-year increase in volume. But higher prices fuelled the 136 per cent jump in value amid a memory chip...South China Morning Post
BUSINESS3d agoChina’s EV industry faces double blow from EU export quota, VAT rebate cutChina’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European...South China Morning Post
BUSINESS3d agoChina’s carmakers eye record sales, luxury model hits regulatory bump: 7 EV readsWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China carmakers eye record 12 million global sales in 2026 as EV demand surges Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an...South China Morning Post
BUSINESS3d agoSan Tin tech hub operator pledges affordable land to attract tenantsThe operator of Hong Kong’s flagship San Tin Technopole has pledged to offer affordable land to attract tenants, while revealing plans to reclaim and redevelop fish ponds near the Shenzhen border to accommodate a client requiring substantial premises. Sunny Chai Ngai-chiu, chairman of San Tin Technopole Company Limited, the government-owned entity overseeing the technology cluster next to the mainland Chinese border, said on Wednesday that he would follow the land-grant approach used for the...South China Morning Post
BUSINESS3d agoRyohin Keikaku GAAP EPS of ¥143.84, revenue of ¥923.59B; updates FY 2027 outlookRyohin Keikaku has reported its GAAP EPS as ¥143.84 and revenue as ¥923.59 billion, and has also provided an updated outlook for fiscal year 2027. These figures represent the company's recent financial performance and future projections.Seeking Alpha Tech
BUSINESS3d agoRecent EU-China talks were a 'good starting point', MEP Lange saysBernd Lange, S&D MEP and chair of the European Parliament’s International Trade Committee, hopes the EU and China can reach a “comprehensive agreement” to resolve their trade dispute by March next year.EuroNews [en]
BUSINESS3d agoHong Kong bus operators seek fare hikes of up to 17.7% amid fuel price surgeFour Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on...South China Morning Post
BUSINESS3d agoIndia’s trade deficit with China crosses $100 billion in 2026Two-way trade between January and September was up 25.4% to $144.45 billion, while India’s imports from China continued to rise, up 23.3% to $125.19 billionThe Hindu
BUSINESS3d agoNo rush to T+1: Hong Kong exchange won’t hurry settlement-time change, sources sayParticipants in Hong Kong’s stock market may need to wait longer for shorter transaction settlement times, as market participants want more time to prepare for the change, according to two sources familiar with the matter. Bourse operator Hong Kong Exchanges and Clearing (HKEX) said in a consultation paper in April that it aimed to implement a so-called T+1 system – under which trades would be settled one day after transactions – in the fourth quarter of 2027, replacing the existing T+2...South China Morning Post
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