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BUSINESS21h agoJapan's producer price inflation slows to 6.8% in September, below market expectationsJapan's producer price inflation slowed to 6.8% in September, which was lower than market expectations. This economic data provides insight into inflationary trends in Japan.Seeking Alpha Tech
BUSINESS21h agoCelcomDigi launches refreshed roaming passes from RM10Travellers can now pre-book cheaper overseas data as the operator rolls out refreshed roaming passes from RM10 across up to 95 destinations.itbrief_asia · singapore
BUSINESS22h agoAsia warned over zombie companiesShare of groups unable to service debt in region has doubled since 2008, IMF saysFinancial Times
BUSINESS23h agoSK Hynix, SoftBank shares plunge as tech stocks in Asia track Wall Street chip sell-offTechnology stocks tumbled Tuesday as a sell-off in U.S. semiconductor shares spilled into Asian and European markets.CNBC
BUSINESS1d agoThailand’s deepening labour shortage roils harvest as unpicked fruits rotRipe mangosteen and rambutan hang unpicked from trees in eastern Thailand, where a shortage of migrant workers is forcing growers to decide which crops are valuable enough to harvest and which will be left to rot. For Jomsak Putirattana, who also grows durian in Chanthaburi province, the departure of his five Cambodian workers after a border dispute disrupted crossings has intensified competition for labour. Daily wages have more than doubled in some cases, from about 350 baht to 400 baht (US$10...South China Morning Post
BUSINESS1d agoApec a chance for Hong Kong to earn its place in China’s tourism boomOver the coming weeks, Hong Kong and Shenzhen will host two major gatherings of Asia-Pacific decision-makers. Hong Kong’s first Apec Finance Ministers’ Meeting takes place on October 20-21, with around 500 visitors expected, while Shenzhen hosts the Apec Economic Leaders’ Week next month. These Asia-Pacific Economic Cooperation forum meetings will bring international visitors to two neighbouring cities at the centre of China’s Apec year. For Hong Kong’s tourism industry, they offer a timely...South China Morning Post
BUSINESS1d ago'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoilSingapore is a bastion of safety amid global turmoil, according to the CEO of DBS.CNBC
BUSINESS1d agoChinese stocks an undervalued opportunity, says Charlie Munger discipleShares in Chinese companies present better opportunities today than at other times, a disciple of legendary investor Charlie Munger said in a rare reflection on the world’s second-largest economy amid tensions with the US and the ongoing artificial intelligence race. The comments by Li Lu, Chinese-American founder and chairman of Seattle-based value investment firm Himalaya Capital, came amid divergence between the markets on opposite sides of the Pacific. While stock markets in China and Hong...South China Morning Post
BUSINESS1d agoChina keeps extending the Shenzhen Apec deadline. Why are US execs so unenthused?Some senior American executives are lukewarm about attending the Asia-Pacific Economic Cooperation summit and related business events in Shenzhen next month, according to people familiar with the matter. They cited limited scheduling details, few expected breakthroughs and a lack of opportunity for meaningful engagement. Beijing has invited multiple US business leaders – particularly those who joined President Donald Trump’s May trip to China and later attended the White House state dinner for...South China Morning Post
BUSINESS1d agoSingapore PM Wong rejects weaker currency as shortcut to competitivenessSingapore Prime Minister Lawrence Wong pushed back against the idea of weakening the city-state's currency to boost competitiveness.CNBC
BUSINESS1d ago‘Everyone wants to make history’: revamped Huanggang Port opens to brisk businessHong Kong travel agencies and border shops have capitalised on the opening of the revamped Huanggang Port as thousands of visitors poured through the control point, with special tours on offer and shopkeepers reporting brisk business. Agents said the port’s 24-hour joint clearance arrangements could give cross-border tourism a major boost, although crowd control measures dampened trade at the checkpoint entrance. Tour groups organised by Hong Kong travel agency Big Line Holiday were among the...South China Morning Post
BUSINESS1d agoChina finance minister to deliver opening speech at Apec meeting in Hong KongChina’s finance minister, Lan Foan, will deliver a keynote speech, while presentations by three prominent financial institutions will be among the highlights of next week’s Apec meeting in Hong Kong, the South China Morning Post has learned. A draft agenda obtained by the SCMP on Monday listed a series of programmes for finance ministers from the Asia-Pacific Economic Cooperation’s 21 member economies on October 20 and 21 at the Hong Kong Convention and Exhibition Centre in Wan Chai. Sources...South China Morning Post
BUSINESS1d agoParis Motor Show kicks off as China-EU rivalry heats upThe biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announced a deal with China to limit the imports of hybrids. France 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.France 24 [en]
BUSINESS1d agoBitdeer AI enters into eight-year agreement for A103 data center in MalaysiaBitdeer AI has signed an eight-year agreement for a data center in Malaysia. This marks a significant business expansion for the company in the technology sector.Seeking Alpha Tech
BUSINESS1d agoSeadrill secures $420M Indonesia rig award, extends work in Malaysia and AngolaSeadrill has secured a $420 million rig award in Indonesia and extended its operations in Malaysia and Angola. This matters as it reflects significant new business and continued operations for the company in the energy sector.Seeking Alpha Tech
BUSINESS1d agoLuxury letdown: LVMH misses organic sales expectations due to China weaknessLVMH has fallen short of its organic sales expectations, primarily attributed to weakness in the China market. This indicates challenges for the luxury goods sector and broader economic conditions in China.Seeking Alpha Tech
BUSINESS1d agoEU-China trade deal raises fears Brussels will go soft on BeijingThe EU's new trade deal with China has eased fears of an escalating trade war, but it could also weaken the political momentum behind Brussels' plans to take a tougher stance against Beijing's economic practices.EuroNews [en]
BUSINESS1d agoApple's Tim Cook meets Chinese vice premier in Beijing: reportApple's CEO, Tim Cook, reportedly met with the Chinese vice premier in Beijing. This meeting signifies high-level discussions between a major international corporation and the Chinese government.Seeking Alpha Tech
BUSINESS1d agoWhat the US and China Should Discuss at APECBoth sides are feeding an AI investment bubble – and Shenzhen is the place to talk about it.The Diplomat
BUSINESS1d agoSelfies, queues and confusion, but Huanggang Port’s wow factor shines throughThe much-anticipated opening of the revamped Huanggang Port border crossing between Hong Kong and Shenzhen on Monday was marked by excitement, eagerness and confusion. At around 8am, 1½ hours after the control point opened, many private vehicles were neatly lining up for immigration clearance. The use of new technology, a new location and a new facility meant that extra time and patience were needed. Visitors, mostly tourists and retirees travelling on foot, had a wow moment inside the modern...South China Morning Post
BUSINESS1d agoCopper climbs on China stimulus hopes, Chile mine supply risksCopper prices are rising due to anticipated stimulus measures from China and potential supply risks from mines in Chile. This indicates market sensitivity to global economic factors and supply chain stability.Seeking Alpha Tech
BUSINESS1d agoThe China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.thediplomat · japan
BUSINESS1d agoThe China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.The Diplomat
BUSINESS1d agoChina, EU take a breath after surprise deal brings temporary halt to trade tussleWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...South China Morning Post
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