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BUSINESSJul 29South Korea's Kospi share index falls 6% and other Asian shares are mixed as oil prices surge - AP NewsOil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower apnews.comAP News
BUSINESSJul 29Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock routKorean retail investors have racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year.CNBC
BUSINESSJul 29Vietnam biggest company , Vingroup , expands overseas as its home market slows :: WRAL . comVingroup, Vietnam's largest company, is expanding its operations overseas due to a slowdown in its domestic market. This reflects a strategic business decision in response to economic conditions.wral.com · United States
BUSINESSJul 29Japan hikes FY2026 average minimum wage guideline by 4.9% to ¥1,176An advisory panel to Japan's labor ministry decided Tuesday to raise the minimum wage guideline for fiscal 2026 by a nationwide average of 55 yen (34 cents), or…Japan Today
BUSINESSJul 29Global Market : Japan Nikkei swings between gains and losses as AI stock selloff persistsThe Japan Nikkei stock market is experiencing fluctuations between gains and losses, influenced by an ongoing selloff in AI-related stocks. This reflects current volatility and trends within the global financial markets.economictimes.indiatimes.com · India
BUSINESSJul 29China’s Pop Mart opens new store in Singapore’s Sentosa amid slowing domestic salesChinese toymaker Pop Mart International ramped up its global expansion on Wednesday by opening a new store on Singapore’s Sentosa Island – alongside its first overseas Pop Bakery dessert store in the same venue – with observers predicting that more overseas locations would help drive growth, especially those in underpenetrated markets. The launch comes amid softer domestic sales and normalising demand after a strong intellectual property (IP) cycle in 2025. Analysts said improved inventory...South China Morning Post
BUSINESSJul 29India's SAIL and Indonesia's Krakatau Steel eye $350M stainless steel investment - reportIndia's SAIL and Indonesia's Krakatau Steel are reportedly considering a $350 million investment in stainless steel.Seeking Alpha Tech
BUSINESSJul 29Mercedes CEO pledges to defend U.S. business from sales ban amid China pressureThe CEO of Mercedes has pledged to protect the company's U.S. business against a potential sales ban, amidst increasing pressure related to China. This reflects strategic concerns about geopolitical influences on global automotive markets.Seeking Alpha Tech
BUSINESSJul 29SK hynix falls 12% in Korean trading following Q2 resultsSK Hynix's stock fell by 12% in Korean trading following the release of its Q2 financial results.Seeking Alpha Tech
BUSINESSJul 29China builds up rail freight with EuropeChina is expanding its rail freight services with Europe, signifying growth in international trade and logistics.global.chinadaily.com.cn · China
BUSINESSJul 29Rogers forecasts Q3 revenue of $233M-$243M with 19.7% adjusted EBITDA margin amid China ramp headwindsRogers has released its Q3 financial forecast, anticipating revenues between $233M-$243M and an adjusted EBITDA margin of 19.7%. This forecast considers headwinds related to the China ramp.Seeking Alpha Tech
BUSINESSJul 29Editorial | China drive to sidestep weaponised Western finance gains speedChina is accelerating its efforts to circumvent Western financial systems that are perceived as 'weaponized.' This indicates a significant geopolitical and economic strategy to reshape global finance.scmp.com · China
BUSINESSJul 29HSBC to relocate senior executive to Hong Kong amid pivot to Asia: sourcesHSBC Holdings will relocate its group chief people and governance officer, Aileen Taylor, from London to Hong Kong later this year, as the lender doubles down on expanding its Hong Kong and Asia operations, according to sources at the bank. A source told the South China Morning Post that an internal decision to relocate Taylor to Hong Kong had already been made, as part of a push to strengthen the presence of senior executives in Hong Kong – HSBC’s biggest market and its focus of...South China Morning Post
BUSINESSJul 29AI boom will sustain Hong Kong’s export surge, lift GDP outlook, economists sayHong Kong’s export surge will extend into the coming months, driven by the global AI boom, economists have told the South China Morning Post, adding that gross domestic product (GDP) growth could surpass official forecasts. Billy Mak Sui-choi, an associate professor at Baptist University’s accountancy, economics and finance department, said global demand for artificial intelligence (AI) remained far from saturated and would continue to drive exports. “No single country has yet been able to...South China Morning Post
BUSINESSJul 29U . S . stocks end mixed Tuesday , Seoul index plunges nearly 11 % U.S. stock markets closed mixed on Tuesday, while the Seoul index experienced a significant plunge of nearly 11%. This indicates diverging performance in global financial markets.northkoreatimes.com · North Korea
BUSINESSJul 29Wall Street divided , South Korea plunges 10 . 84 % in AI - led liquidationWall Street markets are experiencing division, while South Korea's market plunged significantly by 10.84%. This notable market event is attributed to an AI-led liquidation.afghanistannews.net · Afghanistan
BUSINESSJul 28U . S . stocks end mixed Tuesday , Seoul index plunges nearly 11 % U.S. stock markets concluded Tuesday with mixed results, while the Seoul index experienced a significant decline of nearly 11%. This reports on recent performance in global stock markets.nigeriasun.com · Nigeria
BUSINESSJul 28Can China and Indonesia’s strong financial ties withstand ‘resource nationalism’?Back in 2009, when China’s economy was expanding at about twice today’s pace, a little-known private firm made a quiet bet on uncharted territory: Indonesia. The company was on a quest: to secure nickel, a vital industrial metal used in stainless steel production and, increasingly, to power advanced batteries. That bet proved lucrative. By leveraging Indonesia’s vast nickel reserves – the world’s largest – and securing greater control over upstream supplies, Tsingshan Group has grown into a...South China Morning Post
BUSINESSJul 28U . S . stocks end mixed Tuesday , Seoul index plunges nearly 11 % US stocks experienced a mixed close on Tuesday, while the Seoul index saw a sharp decline of nearly 11%, reflecting varied global market performance.oklahomastar.com · United States
BUSINESSJul 28Rising CIIE participation signals foreign firm strong confidence in China marketIncreasing participation in the CIIE indicates strong confidence among foreign firms in the Chinese market. This suggests a positive trend in international business engagement with China.jamaicantimes.com · Jamaica
BUSINESSJul 28Rising CIIE participation signals foreign firm strong confidence in China marketIncreased participation in the CIIE indicates strong confidence among foreign firms in the Chinese market. This suggests a positive outlook for international business engagement with China.heraldglobe.com · United States
BUSINESSJul 28China hits back at criticism over excess industrial capacity as more US tariffs loomChina has responded to criticism regarding its industrial overcapacity, as the possibility of additional US tariffs increases. This indicates rising trade tensions between the two major economies.naharnet.com · Syria
BUSINESSJul 28Rising CIIE participation signals foreign firm strong confidence in China marketIncreased participation in the CIIE indicates strong confidence from foreign firms in the Chinese market. This suggests a positive outlook for China's international trade relations.trinidadtimes.com · Trinidad and Tobago
BUSINESSJul 28Indonesian central banker’s exit signals dilemma over rate policy, growth targetThe sudden resignation of Bank Indonesia’s governor highlights a dilemma that he and his central bank peers in the region have faced in calibrating interest rates – either tighten policy to defend weakening currencies and contain inflation, or loosen it to support pro-growth mandates – according to analysts. Perry Warjiyo’s exit has fuelled speculation that he was under pressure to do more to support President Prabowo Subianto’s economic growth agenda. Warjiyo, who led the Indonesian central...South China Morning Post
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