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BUSINESSOct 5e-Jamin operator invested RM130.8mil in bail funds under own name, says PACKUALA LUMPUR: The company running the courts' online bail payment system invested RM130.8mil of bail money under its own name and earned up to RM5mil a year in interest while operating without a government contract for five years, says the Public Accounts Committee (PAC) chairman Datuk Mas Ermieyati Samsudin.thestar_my · malaysia
BUSINESSOct 5Chinese travellers go premium, Malaysia appeals to investors: 5 weekend reads you missedWe have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. ‘No brainer’: growing trend of Chinese tourists booking business-class flights 2. US to deploy NMESIS anti-ship system on Japanese island closest to Taiwan 3. Chinese art takes long march home from US museums 4. Malaysia offers Chinese buyers Singapore’s comfort at prices lower than Thailand 5....South China Morning Post
BUSINESSOct 5Japan’s PMI data signals cooling momentum across manufacturing and servicesJapan's Purchasing Managers' Index (PMI) data indicates a slowdown in both its manufacturing and services sectors. This suggests a cooling of economic momentum in the country.Seeking Alpha Tech
BUSINESSOct 5Wellcome operator DFI Retail seeks buyer for fully leased shopping centre on The PeakDFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city’s wealthiest neighbourhoods. The entire commercial portion of the Dairy Farm Guildford Road Shopping Centre will be sold via a public tender closing at noon on November 19, according to sole agent CBRE. The property is near The Peak campus of the German Swiss International School. The mall consists of a two-storey retail podium with a gross...South China Morning Post
BUSINESSOct 5Araneta City wins two Asian Experience AwardsAraneta City shines at the Asian Experience Awards 2026, winning accolades for its innovative Rewards Mobile App and engaging Wine 101 sessions, redefining customer experiences in the Philippines.tribune · philippines
BUSINESSOct 5‘Unwelcome and unsafe’: Why Japanese companies are retreating from China at a historic rateJapanese companies are leaving China at record pace, as a diplomatic freeze and a slowing economy force businesses to reassess their presence.CNBC
BUSINESSOct 5Chinese man, 71, discovers hidden US$63,000 fortune after scavenging for 21 yearsAn elderly man in central China, who has spent the past 21 years making ends meet as a scavenger, experienced a remarkable stroke of luck when he discovered that his pension fund contained over 420,000 yuan (US$63,000). In late September, the 71-year-old man, surnamed Ru, received a bank card linked to his pension account, which revealed a balance of 424,204 yuan, as reported by Changde Daily. Completely unaware of his entitlement to pensions over the decades, Ru sobbed as he spoke to the media:...South China Morning Post
BUSINESSOct 5They survived World War II and lost decades, but not 2026. Japan's century-old businesses are disappearing at a record paceJapan’s century-old businesses face mounting pressures from rising costs, labor shortages, a shrinking market and succession challenges.CNBC
BUSINESSOct 4Supporting Asia’s Energy TransitionThe role of alternative financingThe Diplomat
BUSINESSOct 4Bull run for Japan stocks at risk, warns boss of biggest trading houseMitsubishi Corp chief says companies must deploy cash more efficiently amid fears bond yields may hit equitiesFinancial Times
BUSINESSOct 4Fruitas secures P 750-M facility from PNBMANILA, Philippines — Fruitas Holdings Inc. has secured a P750-million credit facility from Philippine National Bank (PNB) to open more stores, develop its brand portfolio and explore overseas opportunities. The homegrown food and beverage chain signed the agreement last Oct. 2 at the PNB Financial Center in Pasay City. READ: Fruitas seen outpacing PH economic growth […]... Keep on reading: Fruitas secures P 750-M facility from PNBinquirer · philippines
BUSINESSOct 4Hotstone Yoga closure losses rise to HK$7.8 million as 694 customers file reportsLosses linked to the abrupt closure of Hotstone Yoga have risen to nearly HK$8 million (US$1 million), with close to 700 reports filed by affected customers in Hong Kong, according to authorities. The Customs and Excise Department said that as of 6pm on Sunday, it had received 694 reports relating to the yoga chain, involving service contracts worth about HK$7.8 million. The Consumer Council said it had received 416 complaints by 5pm the same day, with claimed losses totalling HK$5.42...South China Morning Post
BUSINESSOct 4Hong Kong set to begin importing hundreds of carers from second half of 2027Hong Kong will begin importing hundreds of foreign domestic carers as early as the second half of 2027 under a new pilot scheme, with their pay up to 20 per cent higher than that of domestic helpers, the city’s labour minister has said. Secretary for Labour and Welfare Chris Sun Yuk-han said on Sunday that the carers would be equipped with both specialised elderly care skills and general domestic capabilities, and would first need to complete a 150-hour course in their home country. “We now need...South China Morning Post
BUSINESSOct 4More Hong Kong homes sell at a loss despite signs prices have bottomed: agentsDespite signs that Hong Kong property prices could have bottomed out and begun rebounding in August, market sources said at least 100 secondary residential homes were sold at a loss in September, up from at least 81 the previous month. Hong Kong’s property market dodged an immediate setback from the US Federal Reserve’s rate increase in September, and agents estimated that home prices could end the year 15 per cent higher than a year earlier. The positive trend, however, did not generally apply...South China Morning Post
BUSINESSOct 4Hong Kong’s IPO haul more than doubles to HK$388b in first 9 months: Paul ChanFunds raised through initial public offerings in Hong Kong more than doubled year on year to over HK$388 billion (US$49.4 billion) in the first nine months of 2026, already surpassing the total amount for the whole of last year, Financial Secretary Paul Chan Mo-po has said. Adding to the positive outlook, Clara Chan Ka-chai, CEO of the government-owned Hong Kong Investment Corporation (HKIC), noted on Sunday that more than 30 of its portfolio firms were preparing to apply for Hong Kong listings...South China Morning Post
BUSINESSOct 4New Mong Kok bookshop opens amid harsh winter for indie bookstores in Hong KongSmall independent bookstores tucked away in walk-up tenement buildings above neon-lit streets have long made Mong Kok a sanctuary for Hong Kong book lovers, until recently when one after another was forced to close due to economic headwinds or political uncertainty. Defying the trend, 41-year-old bibliophile Grace Lau invested a six-figure sum to launch New Year Bookshop, a move driven by passion and lower rents that some in the community regarded as a bold gamble on the neighbourhood’s literary...South China Morning Post
BUSINESSOct 4How Malaysia offers Chinese investors Singapore’s comfort at prices lower than ThailandMalaysia is proving to be a middle ground for many Hong Kong and mainland Chinese investors looking to buy property in a country that provides the stability Singapore offers, but with competitive price points similar to those found in Thailand, according to analysts. Data from Juwai IQI, a property portal with 7 million listings across 111 countries, showed that in the first half of 2026, Malaysia was the fourth-highest destination for inquiries received from Chinese buyers. That compared with...South China Morning Post
BUSINESSOct 4China closes hundreds of banks to bolster financial systemMore than 670 lenders, a record, shut down last year as Fitch says smaller players remain sector’s weakest partFinancial Times
BUSINESSOct 4Japanese and Korean shipbuilders deploy robots to take on ChinaUS allies invest in ‘smart shipyards’ as Beijing’s dominance of industry alarms WashingtonFinancial Times
BUSINESSOct 3Probe launched into luxury One Stanley project over alleged steel bar shortageAuthorities have launched a probe into the building quality of a luxury residential development in one of Hong Kong’s most expensive neighbourhoods in the Southern district after receiving a complaint from an owner that insufficient steel bars were used during construction. The Buildings Department said on Saturday it was “highly concerned about the incident” relating to One Stanley in Stanley, but stressed that its previous inspections did not find any imminent danger. The department said it...South China Morning Post
BUSINESSOct 3‘Kerala Desks’ planned in Dubai, London, New York, Singapore and Tokyo to attract foreign investmentThe desks will be established on a “cooperative, no-cost model” in partnership with recognised organisations representing the Keralite diaspora, according to a September 30 State Industries department orderThe Hindu
BUSINESSOct 3China launches anti-dumping probe into European chemical exportsLatest tit-for-tat move follows three similar investigations launched by the EU last weekFinancial Times
BUSINESSOct 3China opens anti-dumping probe into EU days before Beijing trade talksRunning a €1 billion-a-day deficit with China, Brussels has nearly tripled the rate of its own trade investigations and is warning of "harsher measures" unless Beijing offers something concrete.EuroNews [en]
BUSINESSOct 3‘Balanced and acceptable’: labour chief defends helper wage rise amid criticismHong Kong’s stronger economic performance over the past year was the reason for raising the monthly minimum wage for foreign domestic helpers by 2.35 per cent, the labour minister has said, amid disappointment from both unions and employers’ groups. Defending the government’s decision to raise the monthly minimum wage to HK$5,220 (US$665), Secretary for Labour and Welfare Chris Sun Yuk-han said the government sought to keep the annual adjustment mechanism “balanced and acceptable”. Speaking...South China Morning Post
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