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BUSINESSJul 1Rare momentum: Hong Kong universities, schools prop up commercial property marketHong Kong’s educational institutions are forecast to ramp up their investment and leasing in the commercial property segment, with leading universities and international schools among those paying top dollar to acquire or lease office and retail spaces, according to Colliers. In the first five months of the year, property acquisitions by educational institutions accounted for nearly 40 per cent of total investment in the commercial property sector, the consultancy said. “Education-related...South China Morning Post
BUSINESSJul 1Caught between the US and China, can Europe remain competitive?As trade tensions grow, Europe tries to remain competitive while balancing ties with the US and China.Al Jazeera [en]
BUSINESSJul 1What the SpaceX IPO Tells Us About China-US CompetitionInsights from Winston Ma.The Diplomat
BUSINESSJul 1China’s Kling AI nears US$3 billion round at US$18 billion valuation: sourcesKuaishou-backed Kling AI is close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment, according to people familiar with the matter, as competition intensifies in China’s artificial intelligence video generation sector. The latest valuation was narrowed from an initial target of US$20 billion set in April, when Chinese short-video giant Kuaishou first planned to spin off Kling AI, according to a source, reflecting the shifting market...South China Morning Post
BUSINESSJul 1Sands China is a standout in Dow Jones' ESG performance trackingSands China has been recognized for its exceptional performance in environmental, social, and governance (ESG) tracking by Dow Jones.Seeking Alpha Tech
BUSINESSJul 1South Korea to the rescue: The world's biggest chipmakers will drop $590 billion to end RAMageddon, but there's a catchYahoo Finance
BUSINESSJul 1Agencia Comercial Spirits (AGCC) Secures Power Deals for Indonesia AI ProjectAgencia Comercial Spirits (AGCC) has secured power deals for an Artificial Intelligence project in Indonesia. This move is crucial for the infrastructure and development of the AI initiative.Yahoo Finance
BUSINESSJul 1Japan’s FX chief flags contact with U.S., intervention impactMimura's remarks indicate that he continues to see intervention as a useful tool to stem excessive moves in the currency market.japantimes · japan
BUSINESSJul 1EU set for trade 'conflict' with China unless deal reached by autumn, EPP chief Weber tells EuronewsIn an exclusive interview with Europe Today, Manfred Weber warns the EU is heading into a "phase of conflict" with Beijing unless both sides strike a deal to significantly reduce trade imbalances by the autumn.EuroNews [en]
BUSINESSJul 1Over 2,500 food items in Japan to see price hikes in JulyPrices will be raised for more than 2,500 food items in July as the cost of raw materials and supplies to consumers continues to be affected by the Middle…Japan Today
BUSINESSJul 1Newsletter: EU entering trade ‘conflict’ with China without autumn deal, EPP boss Weber saysHello, it’s Mared Gwyn here with your morning digest. Today: The view from Dublin as Ireland takes over the EU presidency baton, and how EU allies have clinched better terms as the bloc’s steel tariffs kick in.EuroNews [en]
BUSINESSJul 1Asian markets diverge as factory activity cools across China and Japan; gold and bitcoin slide in early July tradeAsian markets are showing mixed performance as manufacturing activity decreases in China and Japan. Additionally, both gold and bitcoin experienced declines in early July trading.Seeking Alpha Tech
BUSINESSJul 1World Bank to end lending to China by 2031The World Bank will phase out its lending to China by 2031 under its new Country Partnership Framework, marking a significant shift in its relationship with the world’s second-largest economy. A source familiar with the matter confirmed the development on Tuesday, corroborating an earlier report by the Financial Times. According to a World Bank official […] The post World Bank to end lending to China by 2031 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 1KKR to control South Korea's $1.3 billion renewables platform with SK as AI power demand risesThe announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.CNBC
BUSINESSJul 1World Bank To Phase Out Lending To China By 2031In his first term in office, US President Donald Trump demanded that the World Bank stop lending to China entirely, as he adopted a more aggressive approach to Washington's chief economic rival. The post World Bank To Phase Out Lending To China By 2031 appeared first on Channels Television.Channels TV
BUSINESSJul 1Japan Manufacturing PMI signals 6th month of growth; BOJ sentiment hits 8-year highJapan's manufacturing PMI shows six consecutive months of growth, and Bank of Japan sentiment has reached an eight-year high. This indicates sustained positive economic momentum in the country.Seeking Alpha Tech
BUSINESSJul 1China's manufacturing PMI eases to 51.7 in June but beats forecasts; caps strongest quarter since 2020China's manufacturing Purchasing Managers' Index eased slightly to 51.7 in June but surpassed forecasts, marking the strongest quarter for the sector since 2020. This indicates ongoing trends in China's industrial economic health.Seeking Alpha Tech
BUSINESSJul 1Japan spent $74 billion propping up the yen. Investors say the real battle is with the FedYen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts.CNBC
BUSINESSJul 1Malaysia lures priced-out Hong Kong property buyersNorman Wong sold his Hong Kong flat and relocated to a rented home in Malaysia after concluding the city no longer offered the quality of life he expected for the price. “What am I actually getting for this money in terms of quality of life?” asked Wong, a healthcare professional from Kowloon. “Space is at a premium in Hong Kong that most of us have simply accepted as the norm. When I started seriously looking at Malaysia, I realised I didn’t have to accept that any more.” Wong is part of a...South China Morning Post
BUSINESSJul 1China’s new investment law asserts control over offshore tech transfers in landmark moveChina has enacted a sweeping overseas-investment law that aims to safeguard national interests against trade barriers and unauthorised use of advanced technology abroad, though analysts warn that the move could complicate operations for foreign partners. The State Council’s 34-article Regulation on Overseas Investment, taking effect on Wednesday, authorises “necessary and defensive measures” to protect Chinese investors and interests overseas in response to foreign trade-related barriers. Under...South China Morning Post
BUSINESSJul 1Will slowing car sales in China reignite brutal price war in crowded market?In the most bearish Chinese car market forecast by an international bank or consultancy, AlixPartners has predicted that deliveries will fall by 10 per cent this year on the back of a shaky economy and softening government support. Weak buying interest was likely to fuel a brutal price war that would ensnare nearly all the country’s 100-odd carmakers, the global consultancy added. It forecast that 24.6 million light vehicles would be delivered by Chinese carmakers this year, with 10 million of...South China Morning Post
BUSINESSJul 1Fast lane to luxury: Hong Kong developer lures upmarket homebuyers with Mercedes giveawaysA Hong Kong developer is dangling Mercedes-Benz cars to entice buyers of its high-end homes in the Southern district, riding on a resurgence in the luxury property segment. K&K Property partnered with Zung Fu Limited to launch the promotion at One Stanley, an 82-unit project that had attracted wealthy local and overseas buyers seeking privacy, exclusivity and sea views, with the campaign coinciding with the 29th anniversary of Hong Kong’s handover. “This promotion aims to attract potential...South China Morning Post
BUSINESSJun 30World Bank to phase out China lendingDecision from global development institution follows years of pressure from the Trump administrationFinancial Times
BUSINESSJun 30Bristol, Merck, AbbVie face House committee probe over China trialsSeeking Alpha Tech
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