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BUSINESS24m agoChina’s exports surge 36% as AI-related shipments boomImports also soar as high oil prices push up billFinancial Times
BUSINESS35m agoTrump announces that Taiwan will buy 30% of Alaska pipeline gas for twenty yearsTaiwan will invest 4.4 billion dollars in the Alaska LNG project, securing 30% of the gas for 20 years, according to the American president. Trump promotes Measure 2 in Alaska and supports Senator Sullivan in his re-election. He also pardons three workshop owners for violating the Clean Air Act.Clarín
BUSINESS1h agoTaiwan agrees to buy 30% of gas from Alaska LNG project, Trump saysU.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.CNBC
BUSINESS1h agoSouth Korean carmaker Hyundai plans 'strategic' investment of $15.5 billion in India by 2032Korean car company Hyundai says India is a strategic core marketCNBC
BUSINESS1h agoProducer prices in China rise at fastest pace since June 2022, beating expectationsThe increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.CNBC
BUSINESS1h agoDoes Hong Kong’s economy serve the people or profit?China has lifted nearly 800 million people out of extreme poverty, arguably the greatest achievement in poverty reduction in human history. Even so, no mainland Chinese economist has won the Nobel Prize in Economic Sciences. Across the Pacific, the United States has produced about 75 per cent of Nobel economics laureates, even as its economy staggers under mounting public debt, chronic fiscal deficits, and recurring financial crises and government shutdowns. Of the 99 economics laureates ever...South China Morning Post
BUSINESS1h agoChina's exports likely grew by double-digits in SeptemberThe country's customs agency released September trade data on Wednesday.CNBC
BUSINESS2h agoWhy did Hong Kong’s 11 Skies fail and can the megaproject be rescued?The roar of plane engines and the hustle and bustle at Hong Kong International Airport’s Terminal 2 present a stark contrast to the pin-drop silence at the adjacent 11 Skies commercial complex. A South China Morning Post reporter who travelled between the two places in early October found minimal footfall at the shopping centre, with the bright and airy environment of the airport terminal replaced by dim, stuffy and boarded-up corridors, and poor air conditioning amid the simmering outdoor...South China Morning Post
BUSINESS2h agoSingapore third-quarter GDP growth softens from four-year high but beats estimatesThe GDP print beat expectations of a 5% growth from economists polled by Reuters.CNBC
BUSINESS5h agoChina is bringing car production to EUChina has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt.France 24 [en]
BUSINESS11h agoEurope's alternative to Trump's China trade warEurope is testing a new response to China Shock 2.0, betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach.Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb.Driving the news: The European Union and China struck a preliminary deal on Friday to sharply limit Chinese hybrid vehicle exports to Europe.The EU plAxios
BUSINESS13h agoCameco (TSX:CCO) and the Korea Nuclear Framework: Why It Matters Now - Kalkine MediaCameco acknowledged a non-binding US–Korea framework to fund Westinghouse reactors in the United States. Here is what it covers.kalkinemedia · australia
BUSINESS14h agoFrom Data Localization to Digital Openness: Uzbekistan’s Regulatory ShiftUzbekistan courts tech companies to boost its economy by easing its once infamous data localization law.The Diplomat
BUSINESS15h agoLotte Shopping launches shareholder rewards program with discounts and perksLotte Shopping will launch its L.Honors Club shareholder rewards program on Nov. 1, offering discounts, L.Point bonuses and premium benefits for long-term investors.koreajoongangdaily_joins · south korea
BUSINESS15h agoFormer Ajinomoto Frozen Foods employee arrested on suspicion of breach of trust; potential damage from fictitious transactions; Gunma Prefectural PoliceA former employee of Ajinomoto Frozen Foods has been arrested on suspicion of breach of trust, with investigations pointing to potential damages from fictitious transactions. Gunma Prefectural Police are handling the case.Asahi Shimbun
BUSINESS15h agoAverage loss for elderly Hongkongers to investment scams jumps 33% to HK$1.08mThe average loss suffered by elderly victims of investment scams in Hong Kong rose by a third year on year to HK$1.08 million (US$137,600) in 2026, the city’s police chief has said, calling for greater community vigilance against syndicates preying on retirees. Commissioner of Police Joe Chow Yat-ming on Tuesday also warned of a recent surge in scams involving fraudsters posing as customer service officers, with such cases nearly doubling from last year. Speaking at the launch of “Anti-fraud...South China Morning Post
BUSINESS16h agoWhy Samsung, SK Hynix and CXMT shares are under pressure despite strong AI demandA sharp sell-off in Asian memory chip stocks this week signals growing investor doubts over whether the sector’s AI-driven profit boom can last, even as soaring prices drive strong quarterly earnings across the sector. Shares in market leaders Samsung Electronics and SK Hynix plunged in Seoul on Tuesday, extending a days-long slide that has also swept up Chinese rival ChangXin Memory Technologies (CXMT). Samsung and SK Hynix closed down 7.4 per cent and 10.1 per cent, respectively. The companies...South China Morning Post
BUSINESS17h agoMan of Chinese nationality, believed to be a high-ranking official, re-arrested on suspicion of exchanging fake 10,000 yen silver coinsA Chinese national, suspected to be a high-ranking official, has been re-arrested on suspicion of exchanging fake 10,000 yen silver coins. This suggests an international counterfeiting operation potentially involving influential figures.Asahi Shimbun
BUSINESS17h agoApproximately 40 million yen in subsidies for single-parent support embezzled; Osaka social welfare corporation employee dismissedAn employee of an Osaka social welfare corporation has been dismissed for embezzling approximately 40 million yen in subsidies intended for single-parent support. This incident reveals a significant misappropriation of public funds.Asahi Shimbun
BUSINESS18h agoRoche signs $1.16B obesity drug deal with China’s Rona TherapeuticsRoche has signed a $1.16 billion deal with Rona Therapeutics from China for an obesity drug. This represents a significant collaboration in the pharmaceutical industry.Seeking Alpha Tech
BUSINESS18h agoGermany's China calculation shifts as import pressures eclipse export benefitsGermany has long resisted tougher action against China, fearing retaliation. But rising pressure on key industries has pushed Berlin to seek stronger EU trade-defense powers to protect its industrial base.DW News [en]
BUSINESS18h agoLVMH sales miss growth forecasts as China luxury demand slowsLVMH, the world's leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment.EuroNews [en]
BUSINESS19h agoCathie Wood warns of ‘vicious’ memory chip cycles as China adds capacityA prominent investor warns of intense market cycles in the memory chip industry, citing China's increasing production capacity as a contributing factor. This highlights potential volatility and competition in the global tech market.Seeking Alpha Tech
BUSINESS19h agoVisa wins approval to establish domestic business in ChinaVisa has received approval to establish a domestic business presence in China. This marks a significant development for the company's operations in that market.Seeking Alpha Tech
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