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BUSINESSJul 19For every dollar invested, we bring in more than 8, Hong Kong investment chief saysOfficial support and collaboration with private capital are critical for sovereign wealth funds to succeed, the head of Hong Kong’s government-owned investment vehicle has said, as she spelled out strategies needed to deliver high returns. At the inaugural Nusa Dua Forum organised by the South China Morning Post and Indonesia’s sovereign wealth fund Danantara in Bali on Friday, Hong Kong Investment Corporation (HKIC) CEO Clara Chan Ka-chai said that partnerships were key to its strong...South China Morning Post
BUSINESSJul 19Indonesia’s Danantara must ‘outlast’ presidencies to prove worth: investment chiefIndonesia’s Danantara must outlive political administrations to prove its worth to investors and most importantly to the people, according to the sovereign wealth fund’s chief investment officer. Pandu Sjahrir said the fund was focused on the demutualisation of Jakarta’s stock market and to support the establishment of the first financial centre in Bali to boost investor confidence. “Investment is almost everything for us. Confidence is the name of the game, and we have to create long-term...South China Morning Post
BUSINESSJul 19International Business : US lifts some Hong Kong sanctions imposed by TrumpThe United States has lifted some sanctions on Hong Kong that were previously imposed. This change affects international business and trade relations.gdnonline.com · United States
BUSINESSJul 19International Business : US lifts some Hong Kong sanctions imposed by TrumpThe U.S. has lifted some sanctions on Hong Kong that were previously imposed by the Trump administration. This represents a change in international business policy.gdnonline.com · United States
BUSINESSJul 18Unemployment : China announces massive AI training opportunities for Nigerians , othersChina is offering extensive AI training opportunities to Nigerians and other groups to address unemployment. This initiative aims to enhance skills and economic prospects.blueprint.ng · Nigeria
BUSINESSJul 18Why the AI Chip Boom Just Forced South Korea to Raise Interest RatesThe article explores how the boom in AI chips has compelled South Korea to raise interest rates. It highlights the economic impact of technological advancements on monetary policy.ibtimes.com · United States
BUSINESSJul 18BI strengthens Indonesia presence in global coffee market via JCFFBI is strengthening Indonesia's presence in the global coffee market through the JCFF initiative. This indicates a strategic business move to expand market share.en.antaranews.com · Indonesia
BUSINESSJul 18Apple raised iPhone 17 prices by 10 % in Japan as the yen hovers near a four - decade lowApple increased iPhone 17 prices in Japan by 10% as the Japanese yen approaches a four-decade low. This price adjustment reflects the impact of currency fluctuations on international sales.thenextweb.com · United States
BUSINESSJul 18Hong Kong homebuyers snap up 138 Garden Regency flats in New Territories projectSun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, has sold out the first batch of units at its Garden Regency project in the New Territories on Saturday, according to agents. By 3.30pm, all 138 flats the developer had launched in the Kam Tin North project in Yuen Long had found buyers, the agents said. The launch of the three-tower development of 566 units marks SHKP’s return to the market two months after units at its Lime Spark project in Tsuen Wan were...South China Morning Post
BUSINESSJul 18China’s megaprojects transformed Ivory Coast. Now it’s own role is changingIn Abidjan, the commercial capital and economic engine of Ivory Coast, the extent of Chinese infrastructure development is a permanent feature of the transport and trade networks. This includes the Alassane Ouattara Bridge, commonly known as the Cocody Bridge, which links the affluent eastern district of Cocody to the business centre of Plateau. The expansion of the Port of Abidjan’s second container terminal and the construction of the Alassane Ouattara Olympic Stadium also highlight the scale...South China Morning Post
BUSINESSJul 18Louis Vuitton China Dilemma : Protect the Monogram , Risk the NarrativeLouis Vuitton faces a dilemma in China regarding brand protection versus narrative risk. This article discusses a strategic challenge for a luxury brand operating in a significant market.finance.yahoo.com · United States
BUSINESSJul 18Why Japan should be able to weather a US market crashWhat if Wall Street stock prices were to collapse from their current pinnacles under the sheer weight of excessive investment in artificial intelligence (AI)? Would markets in Tokyo and other Asian centres – not to mention Europe and beyond – follow suit? These are questions that are likely to be put to the test before long if US stock prices continue their strong upward trajectory, interest rates and inflation keep rising and, as seems likely, the US-Israel war against Iran drags on. What a...South China Morning Post
BUSINESSJul 18Can Philippines turn reforms into gains in Southeast Asia’s FDI race?Not so long ago, the Philippines was bedevilled by warning signs to investors, from its corruption to its groaning infrastructure and a fuel crisis born of a war fought thousands of miles away. Those problems have not simply disappeared, but a flurry of business-friendly reforms – paired with ambitious plans to upgrade the nation’s railways, ports and power grid – now puts it in a stronger position to capture some of the billions of dollars seeking a home outside the region’s recent supply chain...South China Morning Post
BUSINESSJul 18Summer Davos : China new economic vision - Pakistan ObserverSummer Davos features discussions on China's new economic vision. This article concerns high-level economic policy and international business dialogue.pakobserver.net · Pakistan
BUSINESSJul 18JPMorgan China Growth & Income ( LON : JCGI ) Stock Price Down 3 . 3 % – Should You Sell ? The stock price of JPMorgan China Growth & Income (JCGI) has decreased by 3.3%. This report advises on investment decisions for shareholders of the fund.dailypolitical.com · United States
BUSINESSJul 18How South Korean hypermarket chain’s fall reflects ‘time-poor’ consumer demandsHomeplus was once a retail haven for millions of South Korean families who shopped for groceries and household goods regularly at its cavernous hypermarkets. But that ritual over almost three decades ended this week when the company closed all its remaining 67 operating outlets nationwide after suspending 37 others earlier as part of its restructuring. The sudden closure of South Korea’s second-largest hypermarket chain reflects not only its financial distress, but also a decline of the shopping...South China Morning Post
BUSINESSJul 18China Could Be About to Remove Oil Biggest Safety NetChina is reportedly considering removing a major safety net for oil, a move that could have significant implications for global energy markets. This suggests a potential shift in economic policy with international repercussions.finance.yahoo.com · United States
BUSINESSJul 18Hong Kong’s Lalamove, EY team up to shape ‘low-altitude economy’. What’s the plan?Hong Kong delivery company Lalamove and professional services firm EY have joined forces and jumped on the “low-altitude economy” bandwagon in the hopes of expanding their reach in the Greater Bay Area and transforming conventional business. The companies told the South China Morning Post that the collaboration would leverage Lalamove’s logistics platform and EY’s services in planning, business modelling, risk advisory, governance and tax and customs advisory. The initiative involves equipment...South China Morning Post
BUSINESSJul 18Japan ruling party warns about suspected collusion between activist investors and PEJapan's ruling party has issued a warning regarding alleged collusion between activist investors and private equity firms. This suggests concerns about market integrity and financial practices.dealstreetasia.com · India
BUSINESSJul 18Fierce competition and shifting tastes squeeze China’s yoga apparel marketChina’s yoga apparel market is grappling with fierce competition and slowing growth amid sluggish domestic consumption, as middle-class shoppers diversify their activities, according to analysts. Lululemon, the Canadian athletic apparel brand popular among China’s middle class, continues to face sales pressure in the world’s second-largest consumer market. Lululemon’s same-store sales growth at sampled Chinese shopping malls dropped 4 per cent year on year in May, compared with a 3 per cent...South China Morning Post
BUSINESSJul 18A strategic case for the Indonesia - Canada trade pact - AcademiaThis article presents a strategic analysis supporting a potential trade agreement between Indonesia and Canada. It highlights the economic and geopolitical benefits of such an alliance.thejakartapost.com · Indonesia
BUSINESSJul 18China’s tech giants fuel the rise of AI tokens as a new corporate currencyEvery month, a Beijing-based ByteDance employee says he burns through close to a billion units of a new corporate currency – one that cannot buy a coffee or pay rent. Yet, as he noted, that staggering volume “doesn’t even put me near the top of the consumption rankings in my department”. That currency is not yuan, but artificial intelligence tokens. “Using AI has become part of almost every task now,” said the employee, who requested anonymity as he was not authorised by the company to speak to...South China Morning Post
BUSINESSJul 18China’s Xpeng plants a flag in Germany’s auto heartland with Mona L03 launchChinese electric vehicle maker Xpeng made its European ambitions clear on Thursday, as the firm unveiled its Mona L03 compact SUV at an event in the heart of Germany’s car industry, Munich. The launch, arguably the largest ever staged in Europe by a Chinese carmaker, was not just about introducing a new model, but also about convincing Europe that Xpeng is here to stay. “We are here not only to bring our products to Europe, but also to build them for Europe,” said He Xiaopeng, Xpeng’s chairman...South China Morning Post
BUSINESSJul 17‘Made in EU’: How Europe plans to use China’s tech to pull level with its EV rival by 2028European policymakers have watched Chinese carmakers roll in like a slow but unstoppable tide over the past few years: affordable, polished and threatening one of the continent’s proudest industrial legacies. Many have warned about the dismantling of their automotive prides following the new China shock. A crown jewel of Europe’s industrial output, the automotive sector represents directly and indirectly a total of more than 13 million jobs in the EU. It was no accident that electric vehicles...South China Morning Post