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BUSINESS38m agoJapanese green tea giant Ito En surges 8%, defying a broad market sell-offIto En shares surged, bucking a broader sell-off in Japanese stocks following its fiscal first-quarter results.CNBC
BUSINESS1h agoTaiwan : The Democratic Hub Powering the Global Chip Industry , ETTelecomThe article discusses Taiwan's role as a democratic center and a crucial power in the global chip industry. This highlights Taiwan's significant economic and technological influence worldwide.telecom.economictimes.indiatimes.com · India
BUSINESS2h agoBeyond coal: China’s installed solar power capacity crosses historic thresholdSolar power has overtaken coal as China’s largest source of installed power generation capacity for the first time, marking a landmark shift in the world’s largest energy market, according to government data. By the end of July, China’s installed photovoltaic capacity had reached 1,286 gigawatts, accounting for 31.5 per cent of the total, the National Energy Administration (NEA) reported on Tuesday. The agency called the milestone a “signature achievement” in China’s green and low-carbon energy...South China Morning Post
BUSINESS2h agoEnflame’s US$900m IPO tests appetite for China’s ‘little dragon’ AI chipmakersAs Enflame Technology gears up for a 6.12 billion yuan (US$910.3 million) initial public offering on Shanghai’s Star Market, the Chinese artificial intelligence chipmaker must convince investors that its specialised chip strategy can withstand fierce competition from Huawei Technologies and other domestic rivals, while reducing its heavy revenue dependence on major backer Tencent Holdings. Online and offline subscriptions open on Wednesday, after the Shanghai-based start-up announced on Monday...South China Morning Post
BUSINESS3h agoChina dissented from G20 statement opposing 'cheap exports' flooding market, Bessent saysBessent is leading the Trump administration's plan to choke off Iran's economy by threatening its business partners with secondary sanctions.CNBC
BUSINESS4h agoUS urges G20 to cut trade imbalances, focus on ChinaUS Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports.Al Jazeera [en]
BUSINESS4h agoTaiwan Best Companies to Work for in Asia Transformed a Talent Crisis into a Strategic AdvantageCompanies in Taiwan recognized as best employers in Asia have successfully transformed a talent crisis into a strategic advantage. This demonstrates innovative approaches to human resources and business resilience.philippinetimes.com · Philippines
BUSINESS7h agoGT Voice : Misplaced priority on reducing China reliance will be costly detour for EUA misplaced priority by the EU on reducing its reliance on China is projected to result in a costly detour. This suggests potential economic repercussions for European Union policy decisions.globaltimes.cn · China
BUSINESS9h agoHong Kong Belt and Road Summit explores new cross - regional opportunities this SeptemberThe Hong Kong Belt and Road Summit will convene in September to explore new cross-regional opportunities. This event focuses on international trade and development initiatives.en.antaranews.com · Indonesia
BUSINESS11h agoSoftbank's SB Energy files for IPO, says it's 'substantially dependent' on OpenAISB Energy hasn't generated any revenue from its data center business, and none of its data centers are operational yet.CNBC
BUSINESS13h agoWhat’s next after China court freezes US$318m in Nexperia assets amid Wingtech battle?A Chinese court’s order to freeze 2.14 billion yuan (US$318 million) in Nexperia-affiliated assets has cemented the operational independence of its Chinese manufacturing engine from its European headquarters, leaving its local facilities increasingly isolated amid a prolonged custody battle. The Dongguan Intermediate People’s Court in the southern province of Guangdong, where Nexperia’s biggest assembly and test plant is located, has frozen the equity interests in four subsidiaries owned by the...South China Morning Post
BUSINESS13h agoHong Kong Belt and Road Summit explores new cross - regional opportunities this SeptemberHong Kong will host a Belt and Road Summit in September to explore new cross-regional opportunities. This event focuses on fostering international economic cooperation and development.jcnnewswire.com · Japan
BUSINESS14h agoChina demands rights guarantee as US firm secures 100-year Venezuelan oil dealChina has demanded protection of its interests in Venezuela after a US-backed energy company was granted 100-year concessions covering oilfields previously operated by Chinese and Russian firms. “China-Venezuela cooperation is protected by international law and the laws of both countries. China’s legitimate rights and interests in Venezuela must be guaranteed,” foreign ministry spokesman Guo Jiakun said in Beijing on Tuesday. “Economic and trade cooperation between countries should follow the...South China Morning Post
BUSINESS14h agoIf a ‘great rebalancing’ is coming, will China really have to pay for it?Michael Pettis says a great rebalancing is coming and China will pay for it. It’s strange how the man who insists that power decides who pays never tests his claim on Washington. The Beijing-based economist has been warning that a great rebalancing is coming since he published a book called The Great Rebalancing. That was in 2013. His latest Foreign Affairs offering? You guessed it: “A Great Rebalancing Is Coming: Who Will Bear the Costs of a Global Trade Adjustment?” It’s the same plot: Today’s...South China Morning Post
BUSINESS15h agoSwitzerland and China Free Trade Agreement ( FTA ) UpgradeSwitzerland and China are upgrading their Free Trade Agreement (FTA). This action aims to enhance economic relations and trade between the two countries.china-briefing.com · China
BUSINESS15h agoNIO shares slip as Q2 revenue misses estimateNIO shares experienced a decline after the company's second-quarter revenue fell short of estimates. This financial performance can impact investor confidence and the company's market standing.Seeking Alpha Tech
BUSINESS15h ago"Minna de Ooyasan" sales and operating companies, Tokyo and Osaka prefectures revoke business licensesAsahi Shimbun
BUSINESS15h agoAs rice output falls, Malaysia looks to China’s ‘2 yields, 1 land’ modelMalaysia is looking to China’s rice-prawn farms as a model to extract more from its shrinking paddy land as a slide in rice self-sufficiency has left it increasingly reliant on imports from its Southeast Asian neighbours. The experiment is also part of an attempt to confront other issues such as ageing farmers and more erratic weather, which have dented Malaysia’s rice output. Agriculture and Food Security Minister Mohamad Sabu said on Monday that Malaysia needed to raise its rice...South China Morning Post
BUSINESS16h agoShein makes Hong Kong debut amid global scrutinyThe fast-fashion retailer made a tepid Hong Kong IPO, amid scrutiny over its environmental footprint, alleged human rights violations, competition from other e-commerce companies and French and EU duties on fast-fashion items.Le Monde [en]
BUSINESS16h agoPhilippines’ Jollibee eyes Hong Kong over US to list international unitPhilippine fast food giant Jollibee Foods Corp said on Tuesday it was planning to spin off and list its international operations on the Hong Kong stock exchange, abandoning earlier plans of a ‌US listing. Jollibee Foods said it was progressing in separating its international business, Jollibee Foods Corporation International, ahead of its planned spin-off and listing. The fast food restaurant operator now plans for a Hong Kong listing citing its existing presence in the city and brand...South China Morning Post
BUSINESS16h agoMicron workers in Taiwan threaten strike, seek bigger profit shareMicron workers in Taiwan are threatening to strike as they seek a larger share of the company's profits. This indicates a potential labor dispute that could impact business operations.Seeking Alpha Tech
BUSINESS16h agoMacau gaming revenue bounces back after World Cup lullMacau's gaming revenue has recovered following a downturn attributed to the World Cup. This indicates a positive trend in the region's gambling industry performance.Seeking Alpha Tech
BUSINESS16h agoManus resumes solo operations after collapse of US$2 billion Meta dealThe Chinese-founded artificial intelligence start-up Manus announced on Tuesday that it had formally resumed independent operations, more than four months after Beijing blocked its US$2 billion acquisition by Meta Platforms. The company’s founding team would continue to lead Manus as an “independent agent lab”, the firm said in a blog post on its website, as it sought to move on from a months-long saga that has sent ripples through the Chinese and global technology sectors. The announcement came...South China Morning Post
BUSINESS17h agoSolar outpaces coal for the first time in China: How does Europe compare?China has seen an explosive growth in its renewable installation, with coal's share in its energy mix edging down in recent years.EuroNews [en]
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