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BUSINESSJul 12MG Exec In China Absolutely , Positively Swears New Sedan Is Not A Porsche Taycan CopyAn MG executive in China asserts that their new sedan is not a copy of the Porsche Taycan. This concerns product design and intellectual property in the automotive industry.carbuzz.com · United States
BUSINESSJul 12Prabowo sees cooperatives as Indonesia economic enginePrabowo views cooperatives as a key driver for Indonesia's economy. This highlights a strategic economic perspective for the nation's development.en.antaranews.com · Indonesia
BUSINESSJul 12Japan summer outbound travel to fall 9 % on weak yen , 1st post - COVID dropJapan's summer outbound travel is projected to fall by 9% due to a weak yen, marking the first decline since the post-COVID period. This trend indicates economic challenges impacting the tourism sector.english.kyodonews.net · Japan
BUSINESSJul 12Weakening job market forces people to use Communist Party centres to hide unemployment in China : ReportA report indicates that a weakening job market in China is compelling individuals to use Communist Party centers to conceal unemployment. This reveals a significant economic and social challenge within the country.prokerala.com · India
BUSINESSJul 12Five Guys to open in Beijing as more US chains hunger for success in ChinaAmerican burger chain Five Guys will debut its first Beijing store next month, the company said last week, joining a group of US fast-food brands newly entering or accelerating their expansion in China. Chains including Wendy’s, Chili’s, Texas Chicken and Popeyes are hoping to grab a slice of the world’s second-largest consumer market as they face saturation at home, analysts said. Five Guys opened its first China outlet in Shanghai in 2021 and drew large crowds. It plans to open three locations...South China Morning Post
BUSINESSJul 12Survey shows foreigners’ desire to work in Japan long-term droppingThese days, Japan is more popular than ever with international tourists, and that trend doesn’t show signs of slowing down anytime soon. However, the recently released results of…Japan Today
BUSINESSJul 12Gov't urges use of rice flour amid slump in consumption of Japan stapleWith the decline of rice consumption in Japan, the farm ministry is encouraging the use of rice flour to make sweets as a way of expanding how the…Japan Today
BUSINESSJul 12Fifa World Cup: Hong Kong pubs, restaurants enjoy net gains from big matchesMany bars, restaurants and shopping centres in Hong Kong have enjoyed brisk business thanks to the World Cup, with top nightlife district Lan Kwai Fong recording an up to 70 per cent jump in patronage for this year’s big matches. Lan Kwai Fong Group chairman Allan Zeman told the South China Morning Post that he had joined football fans in the entertainment district in Central for the England-Norway game in the early hours of Sunday morning. “It’s [been] a crazy night. It’ll only get crazier once...South China Morning Post
BUSINESSJul 12Gulf capital flowing into Asia as Hong Kong-Middle East trade up 35%: Paul ChanCapital from the Gulf region is showing signs of flowing into Asia, according to Hong Kong’s finance chief, as bilateral trade between the Middle East and the city rose 35 per cent in the first five months of the year. In his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po said Hong Kong and the Middle East had deepened ties in the areas of the economy, trade, finance, innovation and technology (I&T), and culture over the past few years. While trade between the Gulf Arab States and...South China Morning Post
BUSINESSJul 12In China’s electronics hub, a memory chip crisis is hitting consumers hardFor Cai, a trader in Shenzhen’s vast Huaqiangbei electronics hub, the business of assembling computers for gamers and corporate clients has suddenly become dramatically more expensive. The price of memory products in Huaqiangbei has tripled over the past year amid the global artificial intelligence boom – and the spike has hit the world’s largest wholesale electronics market hard. “Right now, memory and SSDs are the biggest cost drivers in a personal computer build,” Cai said, referring to...South China Morning Post
BUSINESSJul 12Japan wants 60 million tourists, but China isn’t sending themJapan has found a new export industry and it doesn’t come off an assembly line. It arrives by plane, spends freely and is, increasingly, what Tokyo is banking its economic future on. Last year, 42.7 million foreign visitors arrived in the country, a record that shattered the previous year’s high by nearly 16 per cent. Now Tokyo wants to turn that surge into something more lasting: a permanent pillar of growth to rival, or even outlast, the industries that built modern Japan. To achieve that...South China Morning Post
BUSINESSJul 12EU isn’t just selling aircraft to China. It’s helping strengthen a competitorLast month, China Eastern ordered 25 A330neo jets from Airbus, which come at a catalogue price of US$9.35 billion. The airline, which operates the inaugural commercial routes of the C919, China’s home-grown passenger jet, had placed another Airbus order just three months earlier. Why is this major Chinese airline transferring billions to a European company China’s government is trying to supplant? As a widebody jet, the A330neo competes in a segment where the Commercial Aircraft Corporation of...South China Morning Post
BUSINESSJul 11Insider trades: Palo Alto Networks, Taiwan Semiconductor, and Sony among major namesSeeking Alpha Tech
BUSINESSJul 11New Economic Focus on Northeast in India - Japan PartnershipA new economic focus on India's Northeast region is emerging within the India-Japan partnership. This signifies a strategic economic collaboration between the two countries.theshillongtimes.com · India
BUSINESSJul 11UK VAT on private schools triggers record decline in Hong Kong studentsHong Kong student numbers at UK private schools experienced a record decline after Britain imposed a 20 per cent tax on fees last year, with enrolment falling by 17 per cent and new admissions down by 26 per cent. A consultant specialising in student recruitment for British private schools said enrolment had returned to levels seen before Hong Kong’s emigration wave, with parents becoming more selective as costs rose. According to an annual census by the United Kingdom’s Independent Schools...South China Morning Post
BUSINESSJul 11Fuel prices to remain unchanged in Taiwan next weekFuel prices in Taiwan are projected to remain constant for the upcoming week. This provides an economic update for consumers.focustaiwan.tw · Taiwan
BUSINESSJul 11BYD showcases battery, charging technology in 15,000km journey from Rome to Hong KongBYD, the world’s largest electric vehicle (EV) maker, has intensified efforts to promote its high-performance batteries and superfast charging technology around the world as it tests a car that it says boasts the world’s longest driving range in a journey from Rome to Hong Kong. A fleet of upgraded versions of the Z9GT, a car produced under BYD’s premium Denza brand, has been travelling across European countries including Italy, Croatia, Serbia and Turkey for nearly a month at the start of a...South China Morning Post
BUSINESSJul 11Volkswagen China deliveries see 26% drop year on year to lowest point since 2010Volkswagen Group’s deliveries in China slumped during the first half of 2026 to their lowest level in 16 years, as local electric vehicle (EV) brands further siphoned off buyers’ interest in petrol cars amid a slowing market. Through its three ventures with Chinese partners, the German car brand handed over a total of 971,000 units to customers in China between January and June, down 26.1 per cent year on year, it said in a statement. The delivery volume hit the lowest level since the first half...South China Morning Post
BUSINESSJul 11Hong Kong may adjust tunnel tolls as traffic surpasses pre-reform peakTolls at Hong Kong’s cross-harbour tunnels could be adjusted in the future to better control the flow of vehicles as traffic volume has exceeded levels recorded before fees were overhauled in late 2023, transport authorities have said. A Transport Department paper submitted to the Legislative Council said tolls would need to remain flexible in the future because queues during some peak periods were still spilling onto connecting roads and non-tunnel lanes. “Total traffic volume across the three...South China Morning Post
BUSINESSJul 11How overlapping US and China sanctions are complicating business in AfricaUS-imposed sanctions targeting other countries and a growing list of Chinese laws aimed at countering the measures are creating a compliance minefield for African businesses dealing with the world’s top two economies. At risk is a broad range of industries including mining, banking, telecommunications, technology, energy, infrastructure and others in which African businesses are simultaneously exposed to US and Chinese counterparties, according to analysts. Compliance consultants covering the...South China Morning Post
BUSINESSJul 11No public subsidies needed for Pak Shek Kok MTR station: Hong Kong ministerNo government subsidies will be needed to build the long-awaited Pak Shek Kok station on the East Rail line, Hong Kong’s minister has said, after authorities agreed to grant the MTR Corporation development rights at two sites. Secretary for Development Bernadette Linn Hon-ho said on Saturday that the “rail-plus-property” model would fully cover construction costs, even though a detailed estimate had yet to be finalised. “We are still awaiting the MTR Corp’s detailed design and cost estimates,”...South China Morning Post
BUSINESSJul 11China dismisses China Shock 2 . 0 concerns , says industrial growth benefits global marketsChina has addressed concerns about a "China Shock 2.0," asserting that its industrial growth benefits global markets. This article discusses China's economic policies and their international implications.prokerala.com · India
BUSINESSJul 11What Malaysia can learn from Indonesia gig economy debateMalaysia is examining the ongoing discussion about the gig economy in Indonesia. This article explores potential insights and lessons Malaysia can gain from Indonesia's experience in this sector.freemalaysiatoday.com · Malaysia
BUSINESSJul 10Nuclear Power to Climb 44 Percent as China Tops US“Global nuclear capacity is set to climb 44% over the next decade after years of tepid growth, spurred by growing demand for electricity and aggressive efforts to build reactors in China and India. The world may have as much as 535 gigawatts of installed nuclear power by 2036, up from 372 last year, according to […] The post Nuclear Power to Climb 44 Percent as China Tops US appeared first on Human Progress.Human Progress
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