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BUSINESSJun 24South Korea stock volatility hits record high amid AI doubtsShares of chipmakers Samsung and SK Hynix gyrate in choppy tradingFinancial Times
BUSINESSJun 24Zhipu weighs multibillion-dollar Hong Kong share sale after massive stock surge: reportZhipu is reportedly considering a multibillion-dollar share sale in Hong Kong following a substantial increase in its stock value.Seeking Alpha Tech
BUSINESSJun 24Disinfectant brand apologises after ‘toxic men’ advert backfires in ChinaDettol has apologised after an advert in China intended to challenge sexism was accused of reinforcing it.Al Jazeera [en]
BUSINESSJun 24As China plans for demographic crisis, some sectors see opportunityAs China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future productivity and a widening gulf between the country’s working and retired populations – Goldman Sachs said the pharmaceutical and biotechnology sectors could end up the biggest winners from the demographic divide, while carmakers and technology hardware manufacturers may see fiercer headwinds. Hong Kong and mainland China are both expected to enter the top 10 ranking for the world’s...South China Morning Post
BUSINESSJun 24Nvidia’s banned AI chips double in price on China’s black marketUS crackdown on illicit exports has made it riskier, harder and more expensive to buy tech giant’s processorsFinancial Times
BUSINESSJun 24Creditors in aggressive push to sell 2 Hong Kong hotels amid banks’ drive to cut lossesReceivers and agents of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have expressed confidence in finally finding a buyer for the dual-branded complex – which together make up Hong Kong’s third-largest hotel by room numbers – as creditors move to dispose of the asset. Sole agent Savills is holding a formal tender that is expected to close on August 31 for the 1,219-room property on Lantau Island, near the Tung Chung MTR station and the Hong Kong International...South China Morning Post
BUSINESSJun 23MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade riskThe review comes amid hopes that Seoul could be included in MSCI's Developed Markets watchlist.CNBC
BUSINESSJun 23Emerging Markets ex China Core Equity ETF declares quarterly distribution of $0.381928An Emerging Markets ex China Core Equity ETF has declared a quarterly distribution of $0.381928 per share. This is a regular financial update for investors in the fund.Seeking Alpha Tech
BUSINESSJun 23Emerging Markets ex China Core Equity ETF declares quarterly distribution of $0.381928An Emerging Markets ex China Core Equity ETF has declared a quarterly distribution of $0.381928 per share. This is a regular financial update for investors in the fund.Seeking Alpha Tech
BUSINESSJun 23Alibaba sues Pentagon over China military blacklistChinese technology and e-commerce giant Alibaba Group Holding has sued the US Department of Defence, seeking to be removed from a blacklist of companies deemed to support China’s military. In a lawsuit filed on Tuesday in a district court in San Jose, California, the Hangzhou-based company said the Pentagon had added Alibaba to a list of companies that allegedly aid the People’s Liberation Army without providing substantial evidence or explanation. The Pentagon’s move violated constitutional due...South China Morning Post
BUSINESSJun 23Leifras to acquire Swift Japan for ¥454.6M; shares upLeifras is set to acquire Swift Japan for ¥454.6 million, leading to an increase in its shares. This represents a notable acquisition and positive market reaction.Seeking Alpha Tech
BUSINESSJun 23China appeal grows at Summer Davos with innovation , green development surgingChina's attractiveness is increasing at the Summer Davos event, driven by advancements in innovation and green development. This highlights China's growing influence in global economic and environmental discussions.russiaherald.com · Russia
BUSINESSJun 23Direxion Daily FTSE China Bear 3X Shares declares quarterly distribution of $0.1631A Direxion Daily FTSE China Bear 3X Shares fund has declared a quarterly distribution.Seeking Alpha Tech
BUSINESSJun 23China appeal grows at Summer Davos with innovation , green development surgingChina's appeal is reportedly growing at the Summer Davos event, driven by surges in innovation and green development. This highlights China's focus on these areas in the global economic discourse.indiagazette.com · India
BUSINESSJun 23China appeal grows at Summer Davos with innovation , green development surgingChina's appeal is reportedly growing at the Summer Davos event, driven by advancements in innovation and green development. This highlights China's economic strategy and its international perception at a global forum.arabherald.com · Syria
BUSINESSJun 23Sharjah Asset Management explores promising investment opportunities in advanced technology , digital economy during visit to ChinaSharjah Asset Management is exploring investment opportunities in advanced technology and the digital economy in China, indicating international business development efforts.shanghaisun.com · China
BUSINESSJun 23Xinhua Headlines : China expo highlights supply chain resilience amid geopolitical uncertaintyA China expo is highlighting supply chain resilience amidst geopolitical uncertainty, underscoring ongoing efforts to manage global economic challenges and trade relationships.shanghaisun.com · China
BUSINESSJun 23Toyota to cut auto production outside JapanToyota plans to reduce its automobile production operations outside of Japan. This decision could impact global automotive supply chains and markets.Seeking Alpha Tech
BUSINESSJun 23Japan Needs More than Foreign Currency InterventionEinstein famously remarked that a sign of insanity was repeating the same experiment and expecting a different result. If ever this statement had salience, it has to be in the field of foreign exchange intervention to support a flailing currency. Despite all too many past cases, including its own, of foreign exchange intervention failing to provide anything more than temporary currency support, the Bank of Japan now has added its name yet again to the list of failed foreign exchange intervention experiments. The post Japan Needs More Than Foreign Currency Intervention appeared first on AmericaAEI
BUSINESSJun 23Blackstone plans $30B investment in AI data centers in Japan, brushes off bubble concerns - NikkeiBlackstone plans a significant investment in AI data centers in Japan, an initiative that dismisses concerns about an economic bubble. This highlights major financial movements in the technology sector and economic confidence.Seeking Alpha Tech
BUSINESSJun 23Ioneer surges after winning backing from two Korean firms for Nevada lithium projectIoneer's stock surged after securing support from two Korean firms for its lithium project in Nevada. This indicates significant positive business development and international investment in resource extraction.Seeking Alpha Tech
BUSINESSJun 23Xinhua Headlines : China expo highlights supply chain resilience amid geopolitical uncertaintyA recent China expo, highlighted by Xinhua, emphasized the importance of supply chain resilience in the face of ongoing geopolitical uncertainty. The event underscored strategies for maintaining stable supply chains globally.arabherald.com · Syria
BUSINESSJun 23Wall Street is getting trampled by an AI sell - off . South Korean market plunges 10 % edition.cnn.com · United States
BUSINESSJun 23Dettol China ad was meant to call out toxic men . Why did it end up sparking outrage instead ? A Dettol China advertisement intended to address toxic masculinity sparked controversy and public outrage. This highlights challenges in marketing and social commentary.moneycontrol.com · India