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BUSINESS5d agoChina debt crisis is fallout of financial suppression of householdsThe debt crisis in China is being attributed to the financial suppression of households. This indicates a significant economic issue with potential broad impacts.ianslive.in · India
BUSINESS5d agoMacau tycoon Lawrence Ho’s family office expands into space sector in de-SPAC dealBlack Spade Capital, the family office of Macau casino billionaire Lawrence Ho Yau-lung, has announced its third de-SPAC deal through a merger with a satellite communications firm, a move granting it access to the space technology sector. Under the agreement, Singapore-based Astrum Space will combine with blank-check company Black Spade Acquisition III (BIII) at an equity value of about US$1 billion. The combined entity, Astrum Space Company, would seek a listing on the New York Stock Exchange,...South China Morning Post
BUSINESS5d agoShares in Chinese MLCC makers rise as AI lifts sales and profitsChina’s top makers of multilayer ceramic capacitors (MLCCs) – ubiquitous components known as the “rice of the electronics industry” – saw their shares rise on Friday after reporting ballooning first-half sales and profits amid soaring demand linked to AI. Shenzhen-listed shares of Chaozhou Three-Circle Company (CCTC) and Guangdong Fenghua Advanced Technology, two of the country’s largest MLCC makers, gained nearly 1 per cent and 3 per cent, respectively, in morning trading. CCTC’s Hong...South China Morning Post
BUSINESS5d agoJapan's finance minister to attend G20; market focus on yen debateJapan's finance minister and central bank governor will attend next week's U.S.-hosted meeting of finance chiefs from ‌the Group of 20 major economies, setting the stage for renewed…Japan Today
BUSINESS5d agoPre - orders explode for Geely Xiaomi rivalA rival product to offerings from Geely and Xiaomi has experienced a massive surge in pre-orders. This suggests significant market interest in the new competitor.canberratimes.com.au · Australia
BUSINESS5d agoChina Life’s revenue surges as top insurer ramps up investment in AI, chips and biotechChina Life Insurance, the country’s largest life insurer, has posted record highs in its first-half results, and says it will scale up investments in technology-related sectors while seeking to become a long-term partner for innovative enterprises. The Shanghai- and Hong Kong-listed insurer recorded revenue of 434.3 billion yuan (US$64.6 billion), up 81.5 per cent year on year, according to interim results released on Thursday. Net profit surged more than 228 per cent to 134.5 billion yuan. The...South China Morning Post
BUSINESS5d agoChinese power stocks slump after US grid ban: is the sell-off warranted?Chinese power equipment stocks have tumbled after the United States moved to bar certain foreign-made grid equipment and related software, but some analysts believe the sell-off may have been excessive, with enforcement still uncertain and Chinese firms able to offset the impact in other markets. Sungrow Power Supply, a major Chinese inverter maker, slumped 12.24 per cent on Thursday after US President Donald Trump signed an executive order a day earlier, declaring a national emergency and...South China Morning Post
BUSINESS5d agoAsian shares mostly gain after upbeat results for Nvidia and others lift US stocksAsian shares mostly saw gains following positive results from Nvidia and other companies, which boosted US stocks. This reflects a generally positive trend in global financial markets.stardem.com · United States
BUSINESS5d agoCourt allows cash - strapped JTBC to begin rehabilitation processA court has granted permission for the financially struggling JTBC to commence a rehabilitation process. This decision aims to help the company recover from its current cash-strapped state.koreaherald.com · South Korea
BUSINESS5d agoChargé dAffaires : China Imported $2 . 3bn Nigerian Goods in Six Months – THISDAYLIVEAccording to a Chargé d'Affaires, China imported $2.3 billion worth of goods from Nigeria in six months. This indicates significant trade activity between the two nations.thisdaylive.com · Nigeria
BUSINESS5d agoSouth Korea Kospi falls 1 . 2 % as Asian shares riseThe South Korea Kospi stock index experienced a 1.2% decline while other Asian shares generally rose. This indicates a divergent performance in the region's financial markets.businesstimes.com.sg · Singapore
BUSINESS5d agoAsian markets mixed as Nvidia boost offsets Jackson Hole cautionSeeking Alpha Tech
BUSINESS5d agoSoftBank-backed surgical robotics firm eyes Hong Kong listing to power mainland China pushSoftBank-backed surgical robotics company Noah Medical has begun preparations for a Hong Kong initial public offering, joining a wave of cutting-edge technology firms tapping the city’s international fundraising pool. The US-headquartered company aimed to raise more than US$100 million and planned to file its listing application as early as next year, according to founder Zhang Jian. “We want to expand our business in [mainland] China, and Hong Kong – as an international financial centre with a...South China Morning Post
BUSINESS5d agoRide-hailing platforms seeking Hong Kong licence must have handled 100,000 orders a dayHong Kong authorities have opened licence applications for ride-hailing platforms under a new regulatory scheme, saying operators must have a proven track record of providing legal services in cities with a population of more than 7.5 million, while handling over 100,000 daily orders in at least two cities. Announcing the licensing terms on Friday, the Transport Department said the eligibility criteria also included using technology such as facial recognition for due diligence checks to ensure...South China Morning Post
BUSINESS5d agoJapan's unemployment rate falls to 2.4% in July, lowest since 2025Seeking Alpha Tech
BUSINESS5d agoDry ports deliver Chinese inland goods more efficiently to intl marketDry ports are improving the efficiency of delivering Chinese inland goods to international markets. This development facilitates global trade and logistics from China.middleeaststar.com · Syria
BUSINESS5d agoMixue shares extend slide after profit drop as ice cream-and-tea chain sees costs riseMixue shares extended losses after the Chinese ice cream and tea giant reported lower first-half profit despite higher revenue.CNBC
BUSINESS5d agoToyota tug - of - war exposes ASEAN investment dilemma - EconomyA 'tug-of-war' involving Toyota is revealing challenges and dilemmas related to investment within the ASEAN economic region.thejakartapost.com · Indonesia
BUSINESS5d agoHow DeepSeek founder's quant empire is taking on China's choppy IPO boomHigh-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China's red-hot IPO market.CNBC
BUSINESS5d agoChinese cinema offers noon nap service with flat seats to boost lunchtime businessA cinema in northwestern China has gained attention on social media for its unique noon nap service, offering adjustable seats for workers to relax during their lunch breaks. This popular initiative at Lumiai Cinema in Xian, Shaanxi province, has been operational since April last year, according to Jimu News. Priced at 39.9 yuan (US$6) for a single membership and 59.9 yuan for a double pass, the monthly subscription allows patrons to enjoy a rejuvenating nap in two designated screening halls on...South China Morning Post
BUSINESS5d agoHong Kong home prices end 13-month upswing as mainland Chinese tax fears weigh on demandHong Kong’s lived-in home prices fell 0.46 per cent in July, halting a 13-month upswing, according to the latest official data. The index tracking second-hand homes slipped to 321.5 in July from 323 in June, Rating and Valuation Department (RVD) data showed on Thursday. It was the first decline in 16 months – since April last year. Prices were flat in May last year before climbing steadily for 13 months from June. “As residential property prices have increased by 7.3 per cent year to date,...South China Morning Post
BUSINESS5d agoChina’s super-rich fled Singapore. Now they want to come backWealthy Chinese are reconsidering Singapore as Beijing’s offshore wealth scrutiny and geopolitical risks make alternatives less attractive.CNBC
BUSINESS5d agoTiger, Futu post strong overseas gains after Beijing clampdown stalls mainland growthTiger Brokers and Futu Holdings, two of the region’s largest online brokerages, posted robust second-quarter growth as they expanded overseas to absorb Beijing’s toughest crackdown yet on illegal cross-border stock trading. UP Fintech Holding, parent of Tiger Brokers, reported on Wednesday that revenue rose 31.4 per cent year on year to a record US$182.3 million. Net income attributable to shareholders, however, slipped to US$39.4 million from US$41.4 million a year earlier. Chairman and CEO Wu...South China Morning Post
BUSINESS5d agoBilibili targets 40%-45% gross margin and ~15%-20% operating margin, while planning a September 17 global launch for Lumi MasterSeeking Alpha Tech