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BUSINESSOct 7Russia asks Vietnam for planes as illegally re-registered Western fleet falls apartMoscow proposed wet-leasing Vietnamese aircraft, crews and maintenance, but any transfer would involve Airbus or Boeing jets, exposing Vietnamese carriers to secondary sanctions. Nearly a fifth of Russia's largest airlines' planes are already grounded, double the normal downtime rate.EuroNews [en]
BUSINESSOct 7Japan watchdog probes 4 major brewers over alleged beer price cartelJapan's antitrust watchdog on Wednesday searched the offices of the country's four major brewers on suspicion of violating the antimonopoly law by forming a cartel to raise the…Japan Today
BUSINESSOct 7Zhong Shanshan, from bricklayer to billionaire: this is how the most hated man in China built his fortuneEl empresario pasó por la construcción, el periodismo y distintos negocios antes de crear una de las mayores compañías de bebidas de China. Su fortuna creció con el agua embotellada y la industria farmacéutica, aunque también quedó envuelto en fuertes campañas de rechazo en redes.Clarín
BUSINESSOct 7Samsung’s Q3 profit seen hitting 105T won on AI-driven chip demand - reportSamsung's third-quarter profit is projected to reach 105 trillion won, driven by demand for AI-related chips. This report indicates a strong financial outlook influenced by the artificial intelligence sector.Seeking Alpha Tech
BUSINESSOct 7Japan’s Rapidus faces uphill battle to fill its $15B chip factoryJapan's Rapidus faces a challenging task to staff its $15 billion chip factory. This highlights a significant hurdle in a major industrial investment.Seeking Alpha Tech
BUSINESSOct 7Asia markets slip amid softening Chinese reserves and persistent energy cost pressuresAsian markets are declining due to weakening Chinese reserves and ongoing pressures from energy costs. This indicates significant economic shifts affecting a major global region.Seeking Alpha Tech
BUSINESSOct 7Japanese nominal wages keep pace above 3% in August; foreign reserves shrink to $1.18TJapanese nominal wages maintained a growth rate above 3% in August, while the country's foreign reserves decreased to $1.18 trillion. This indicates key economic trends in Japan.Seeking Alpha Tech
BUSINESSOct 7Last chance saloon: EU presses China for a sign to prove trade talks can workThe European Union’s top trade mandarins depart for Beijing on Wednesday for two days of intensive negotiations but expectations in Brussels are measured as to what the talks will deliver. Maros Sefcovic, the EU’s trade chief, will meet his Chinese counterpart Wang Wentao on Thursday and Friday – three months after their last encounter in Brussels, when the Europeans set an October deadline for signs of a rebalancing in the trading relationship. Non-stop working-level talks have proven...South China Morning Post
BUSINESSOct 7US firm ArriVent’s plunge shows risks facing China’s biotech expansion into global marketsUS firm ArriVent BioPharma’s shares plummeted after a late-stage trial failure involving a cancer drug licensed from China, a setback that analysts said highlighted the challenges facing Chinese biotech companies expanding overseas. New York-listed ArriVent closed down nearly 47 per cent on Tuesday after reporting that its cancer treatment firmonertinib failed to meet its main goal in a phase 3 trial. Firmonertinib was originally developed by Shanghai Allist Pharmaceuticals to treat non-small...South China Morning Post
BUSINESSOct 7Viral trapped shark in South Korea brings tourism, retail windfall to BusanA marooned three-metre-long (nine feet) shark in South Korea has drawn more than a million visitors to the coastal city of Busan, boosting local retail sales and triggering a trademark war, as authorities rush to stop opportunistic vendors from cashing in on the viral phenomenon. The shark, nicknamed “Bukangi” in reference to the park where it has become trapped, has become an internet darling and tourist sensation after non-stop local media coverage about multiple failed efforts to encourage it...South China Morning Post
BUSINESSOct 7The taxman comes for China’s offshore richesThe crackdown has rattled the country’s wealthiest people and the businesses in Hong Kong, Singapore and Tokyo that manage their moneyFinancial Times
BUSINESSOct 7Chinese woman snaps up nearly 200 parking spaces to flip to neighbours for profitA woman in central China invested 14 million yuan (US$2 million) to acquire 196 parking spaces in a residential community, later selling them at a significant mark-up, which led to furious residents suing her. The lawsuit centred around a residential block, the name of which was not disclosed, located in Changsha, Hunan province. The property project was completed and put on the market in 2018. At the time, many were sceptical about the community’s prospects due to a lack of essential public...South China Morning Post
BUSINESSOct 7Former Takenaka Corporation director re-arrested on suspicion of breach of trust in large roof ring fence constructionA former director of Takenaka Corporation has been re-arrested on suspicion of breach of trust related to the construction of a large roof ring fence. This indicates an ongoing investigation into corporate misconduct.Asahi Shimbun
BUSINESSOct 7Land sales offer only temporary relief for West Kowloon arts hub, experts warnHong Kong’s West Kowloon Cultural District is betting on property development to ease its financial pressures amid a widening operating deficit, but experts have warned that land sales will only provide temporary relief and cannot replace a sustainable long-term funding model for the arts hub. The warning comes as the West Kowloon Cultural District Authority prepares to tender a prime residential site in the first half of next year, a potentially lucrative project that property experts expect to...South China Morning Post
BUSINESSOct 6Hong Kong’s first-store appeal grows as more Japanese, South Korean and Thai brands arriveJapanese, South Korean and Thai brands have increased their share of new entrants in Hong Kong’s retail property market by 7 percentage points to more than one-third in the first nine months of 2026, while the demand for shops from mainland Chinese brands has slipped, according to Cushman & Wakefield. A slew of new brands helped lift the combined share of Japanese, South Korean and Thai brands to a three-year high, according to Cushman, which said it expected the trend to continue. This year,...South China Morning Post
BUSINESSOct 6China’s economy to slow as global growth stays solid, US think tank report saysChina’s economic growth is expected to slow further next year as export strength fades and weak domestic demand persists, even as the global economy remains resilient, according to a new outlook from the Peterson Institute for International Economics (PIIE). The Washington-based think tank projects China’s GDP will grow 4.6 per cent this year and 4.3 per cent in 2027, down from 5 per cent growth in 2025, according to its semi-annual Global Economic Prospects report, released on Tuesday. The...South China Morning Post
BUSINESSOct 6With Karina Milei and Santilli, a South Korean giant inaugurated a lithium plant and prepares new investmentsPosco inaugurated the second Sal de Oro plant and is analyzing two new expansion stages. The project received a RIGI for US$208 million in July, when the work started in 2024 was already advanced and was expected to begin operations.Clarín
BUSINESSOct 6After cordial Xi-Trump summit, could China’s US dollar pivot cause tremors?As President Xi Jinping and US President Donald Trump talked tariffs, agricultural quotas and critical minerals at last month’s closely watched summit in Washington, an “elephant in the room” loomed over the discussion: China’s efforts to gradually diversify away from US dollar assets. Beijing has gradually been cutting its holdings of US Treasuries while pushing to expand the yuan’s global use and developing alternative financial architecture. While these issues may not have featured in the...South China Morning Post
BUSINESSOct 6Empowering a sustainable future: International Gas Union summit to be held in Hong Kong this October[The content of this article has been produced by our advertising partner.] Against a backdrop of persistent geopolitical uncertainties, global energy price trends and energy security have returned firmly to the spotlight. Taking place in Hong Kong late this month, the International Gas Union (IGU) Council 2026 and the “Empowering a Sustainable Future” Summit will offer an essential platform for cross-sector leaders to exchange perspectives on these pressing challenges. Hosted by The Hong Kong...South China Morning Post
BUSINESSOct 6Macau Golden Week sees an increase in visitors but lower gaming revenueMacau experienced an increase in visitors during Golden Week but simultaneously reported lower gaming revenue. This indicates a potential shift in tourist spending habits or economic conditions in the region.Seeking Alpha Tech
BUSINESSOct 6EU-China trade tensions: Five things to know as Brussels and Beijing face crunch talksThe next ten days will be critical for EU-China relations. EU Trade Commissioner Maroš Šefčovič will travel to Beijing later this week for high-level talks aimed at rebalancing the trade relationship and securing “tangible” results ahead of next week’s meeting of EU leaders.EuroNews [en]
BUSINESSOct 6South Korea’s $60 Billion Semiconductor Exports to Drive the KOSPI’s ResurgenceSouth Korea’s economy has become intrinsically linked to the ongoing artificial intelligence boom.The Diplomat
BUSINESSOct 6Russian gold floods Hong Kong as sanctions shift bullion trade to Asia: reportA report indicates that Russian gold is increasingly being traded in Hong Kong, suggesting a shift in the global bullion market due to international sanctions. This highlights the adaptation of trade routes and financial flows in response to geopolitical pressures.Seeking Alpha Tech
BUSINESSOct 6DeepSeek considers doubling latest funding round to up to $15 billion, sources sayChina's DeepSeek weighs upsizing funding round to up to $14.9 billion, sources tell CNBC, and the final amount could still change in final talks.CNBC
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