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BUSINESSJul 23China’s Geely partners with Ford to revive Spain plant and deepen European EV driveGeely Auto, China’s second-largest carmaker, has struck a deal with Ford Motor to use the US company’s redundant capacity in Spain to build electric vehicles (EVs) amid its stepped-up push to expand globally. Multi-energy cars would be assembled at an idle factory in Almussafes, near Valencia, after the two companies set up a venture, with deliveries expected to begin in 2028, according to a statement by Geely on Thursday. The Chinese group would hold a 34 per cent stake, while Ford would...South China Morning Post
BUSINESSJul 23China's Geely to make EVs at Ford plant in Spain under new joint ventureFord and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.CNBC
BUSINESSJul 23Path opened for Malaysian firms to pursue secondary share listings in Hong KongHong Kong is reaping rewards from a charm offensive with Malaysia as it works to enhance its attractiveness to global fundraising activities, with deals reached on Thursday during a visit to the Southeast Asian country by the city’s financial services secretary. Bursa Malaysia will become the 21st stock exchange recognised by the city’s bourse operator Hong Kong Exchanges and Clearing (HKEX), clearing the way for Malaysia-listed companies to pursue secondary listings in Hong Kong, according to...South China Morning Post
BUSINESSJul 23Hong Kong Disneyland rolls out afternoon tickets, extra cooling to beat the heatHong Kong Disneyland Resort has introduced a discounted afternoon ticket and expanded its cooling facilities to help minimise operational disruptions arising from hot weather and heavy rain over the summer. The theme park on Lantau Island on Thursday unveiled a “Summer Chill” 4pm entry ticket for Hong Kong residents, priced at HK$480 (US$61), allowing guests to enter later in the day to avoid the hottest hours or periods of heavy rain. The park said it had also stepped up weather adaptation...South China Morning Post
BUSINESSJul 23Ford vende a la china Geely el 34% de su planta de Valencia, donde ambas fabricarán cinco cochesAmbas compañías crean una alianza estratégica a través de una sociedad conjunta, donde Ford tendrá el 66% del capital. Esta joint venture integrará la fábrica y a su plantilla. Los coches serán dos de Ford, uno conjunto y dos de Geely. Hoy solo se hace el Kuga. LeerEl Mundo
BUSINESSJul 23S . Korea real GDP grows 0 . 6 pct on quarter in Q2 - XinhuaSouth Korea's real GDP grew by 0.6 percent quarter-on-quarter in Q2. This figure provides an update on the country's economic performance.english.news.cn
BUSINESSJul 23Japanese firm acts to stop 7-Eleven store staff scalping anime, game merchandiseJapan’s largest convenience store operator has issued a warning to its 7-Eleven franchisees nationwide that unauthorised resale of merchandise featuring popular anime and game characters may be rampant, multiple sources close to the matter said on Thursday. Some owners and employees have been caught setting aside merchandise before its release or buying up large quantities to sell on resale sites. Such activity is seen as a betrayal of consumer trust and likely to call into question the...South China Morning Post
BUSINESSJul 23Philippines plugs into Indonesian power link to shockproof energy supplyThe Philippines’ push to establish a cross-border grid with Indonesia highlights the growing urgency of securing energy supplies amid soaring electricity costs, marking another step towards a long-delayed regional power network. Analysts hail the move as crucial for addressing domestic energy woes and unlocking mutual interests between neighbours, though they also point to geographical and supply-chain challenges. Manila’s Department of Energy said last month that efforts were under way to...South China Morning Post
BUSINESSJul 23Kospi jumps 9 % in 3 days after big crash . Is South Korea stock market heading for another rally ? The Kospi stock market has seen a 9% rise in three days following a major crash, prompting speculation about another rally. This indicates significant volatility and investor interest in the South Korean market.economictimes.indiatimes.com · India
BUSINESSJul 23US-China trade war reaches India’s streets as Modi weighs risks of Washington betIndian Prime Minister Narendra Modi is facing mounting domestic backlash over a potential trade deal with the United States that would place India at the centre of US President Donald Trump’s efforts to redirect agricultural exports displaced by the US-China trade conflict, raising fresh questions about New Delhi’s broader strategic alignment with Washington against Beijing. Thousands of farmers from the northern state of Punjab marched towards Delhi on Tuesday to oppose what they described as a...South China Morning Post
BUSINESSJul 23Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platformThe outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.CNBC
BUSINESSJul 23South Korean labour unions push for higher payouts after Samsung’s US$400,000 bonusLabour unions are rallying across South Korea after Samsung Electronics caved in to protests and agreed to hand out bonuses of more than US$400,000 to some of its employees. Just this week, assembly-line workers at Hyundai Motor staged a three-day partial strike as they seek up to 30 per cent of consolidated profit to be set aside for bonuses. Meanwhile, unions at HD Hyundai Heavy Industries and telecoms operator LG Uplus want payouts equivalent to at least 30 per cent of operating profit, while...South China Morning Post
BUSINESSJul 23US and Japan clash over meltdown liability in $40bn nuclear power dealProject is part of Tokyo’s commitment to invest $550bn in return for lower tariffsFinancial Times
BUSINESSJul 23AI, China, ‘dark factories’ and the future of the US auto industryEconomist Mary Lovely dismisses the claims that getting automakers to produce more cars in America proves tariffs work.Al Jazeera [en]
BUSINESSJul 22How long can China defy history and logic with its imbalances?The country is demanding far too much of a world fixated on cheap consumer goodsFinancial Times
BUSINESSJul 22China is said to seek new Boeing order terms, raising doubts on Trump-Xi dealSeeking Alpha Tech
BUSINESSJul 22Chile hunts for copper buyers beyond China with US$100 billion mining planChile wants to widen the group of countries buying its copper and attract about US$100 billion in mining investment over the next decade, its foreign minister said on Wednesday, in the most explicit move yet by the new government in Santiago to reduce its exposure to Chinese demand. “The market is highly concentrated and we need to broaden the number of places that buy our copper,” Francisco Perez Mackenna said at a Bloomberg summit in Singapore, part of a tour through the Asia-Pacific. He said...South China Morning Post
BUSINESSJul 22Kobe Steel invests in Noetra for Japan multimodal AI projectKobe Steel has made an investment in Noetra for a multimodal artificial intelligence project in Japan. This signifies a business partnership focused on technological development.jp.ibtimes.com · United States
BUSINESSJul 22La china Geely llega a un acuerdo con Ford para producir coches en su fábrica de AlmussafesEl presidente de Ford Europa, Jim Baumbick, oficializará el anuncio este jueves, en presencia de Pedro Sánchez y Juanfran Pérez Llorca, para garantizar la supervivencia de la planta valenciana LeerEl Mundo
BUSINESSJul 22Mainland Chinese dental clinics in Hong Kong come under scrutiny of authoritiesHong Kong authorities have warned of possible enforcement action after mainland Chinese dental chains were suspected of operating illegally in the city, as local industry leaders called for tighter supervision. The Hong Kong Dental Association also said on Wednesday a poll of local practitioners found that each dentist needed to follow up on an average of four cases a month relating to treatment received across the border. The Health Bureau and the Department of Health said in a joint statement...South China Morning Post
BUSINESSJul 22Jim Cramer Draws the Line on NVIDIA in China: Why National Security Comes FirstYahoo Finance
BUSINESSJul 22Hong Kong millionaires look to GBA living as retirement planning gaps emerge[The content of this article has been produced by our advertising partner.] For a growing number of Hong Kong millionaire respondents, the mainland Greater Bay Area (GBA) cities becoming part of later-life planning, from healthcare access and living space to retirement lifestyle. Yet many have not fully worked out the financial demands of maintaining a life across Hong Kong and mainland GBA cities, according to a new OCBC Hong Kong survey. According to the bank’s “OCBC Premier Banking – Hong...South China Morning Post
BUSINESSJul 22Nike to cut thousands of China online distributors in 2027Nike plans to reduce its number of online distributors in China starting in 2027. This strategic move could reshape the company's distribution model in a key international market.Yahoo Finance
BUSINESSJul 22FTC extends review of Grab - foodpanda Taiwan deal to Oct . 27The FTC has extended its review of the Grab-foodpanda deal in Taiwan until October 27. This indicates ongoing regulatory scrutiny of the proposed business acquisition.focustaiwan.tw · Taiwan
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