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BUSINESSSep 18EIL CMD Highlights India-Japan Collaboration at SEMICON India 2026EIL Chairman & Managing Director Shri Atul Gupta participated in the India–Japan Country Roundtable at SEMICON India 2026 and highlighted opportunities for...psuconnect_in · india
BUSINESSSep 18Optics Valley Launches Corporate International Communication Alliance to Empower Tech Companies' High-Quality Global ExpansionWUHAN, CHINA - Media OutReach Newswire - 17 September 2026 - On September 13, the inauguration ceremony of the Optics Valley International Communication Alliance was held. Representatives of 13 founding member companies - including FiberHome, China Construction Third Engineering Bureau, HGTECH, YHKT Entertainment, Huakang Clean and Shenglong Electric - and of more than 100 other Optics Valley enterprises attended the event. The ceremony was held under the theme "Chasing the Light, Connecting the World." In recent years, Optics Valley's innovations have been reaching the world at an accelerating pace. The overseas social media matrix of "Optics Valley of China" has continued to attract attention, and "made in Optics Valley" products such as the Optics Valley Photon sky rail and driverless minibuses have been repeatedly applauded by spokespersons of China's Ministry of Foreign Affairs, becoming a "calling card for China" in the eyes of overseas netizens. To help companies move from "product export" to "brand export," Optics Valley has worked with the News & Information Service Center of Xinhua News Agency and other partners to establish the Optics Valley International Communication Alliance, opening international communication resources to Optics Valley companies and providing them with one-stop services such as overseas public opinion response and multilingual content production, so as to serve as a "navigator" for companies going global. As the national news agency of China, Xinhua News Agency has 184 overseas branches and has established cooperative links with more than 2,000 media outlets around the world. Speaking as a representative of the founding members, Li Lei, vice president of FiberHome, said that FiberHome's business now covers more than 100 countries and regions, with wholly owned subsidiaries in 36 countries and three overseas optical cable plants in Ecuador, Thailand and Hungary; at its Philippine subsidiary, locally hired employees account for more than 95 percent of the workforce. "We will stay committed to high-quality global expansion and to deepening localized operations, and, with the platform of the Optics Valley International Communication Alliance, we will not only export China's advanced communication technologies and solutions, but also serve as a bridge for industrial cooperation and people-to-people connectivity between China and the rest of the world," he said. Huakang Clean, also a founding member, is a leading enterprise in China's cleanroom industry. It has made going global a core strategy for the 15th Five-Year Plan period, completed its market layout in Southeast Asia, Central Asia, the Middle East, South America and Africa, and exported mature cleanroom technology solutions. It looks forward to deepening cross-border collaboration and strengthening brand building through the alliance platform. At the ceremony, a think tank report was released - "Going Global, Competing Worldwide: How 'Optics Valley of China' Polishes Its International Calling Card in Service of Building a Strong Nation in Science and Technology - Practices and Insights," written by Reference News Press. Reference Think Tank. According to the report, leading enterprises represented by the "Seven Stars of Optics Valley" have seen average annual growth in overseas revenue of more than 30 percent. The report sums up Optics Valley's global communication path as "one strategic direction and ten keywords": Optics Valley takes serving the building of a strong nation in science and technology as its strategic direction, and adheres to central-local coordination, AI empowerment, going global as a team, and tailored measures for different markets. The report states that Optics Valley has witnessed and written the confidence and determination of a brand of a strong nation in science and technology going global, and that when the light of "Optics Valley of China" illuminates the global industrial landscape, it conveys the narrative of the times in which China takes part in global competition through technological self-reliance and self-strengthening and shares its opportunities with the world. The report suggests that, for Optics Valley to keep polishing its international calling card in service of building a strong nation in science and technology, three things need to be fully considered: first, elevating the Optics Valley story from "corporate behavior" to a "national narrative"; second, making full use of AI, a global knowledge-service infrastructure, to carry out global communication; and third, moving from "communication empowering industry" to "communication as an industrial capability." A training session on overseas communication capacity building was held alongside the inauguration ceremony, with David Wei, founder of Vision Knight Capital, and Cao Yang, deputy director of the International Communication Department of the News & Information Service Center of Xinhua News Agency, invited to give lectures. The issuer is solely responsible for the content of this announcement.riauone · indonesia
BUSINESSSep 18Hong Kong’s metal storage hits 30,000 tonnes in push to become global commodity hubHong Kong’s push to develop into a premier gold and commodity trading hub has gained momentum, with local metal storage surpassing 30,000 tonnes, a minister has said, as the administration positions the city as the destination of choice for global capital. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu also said on Friday the government would expand renminbi settlement of payments for mainland Chinese services, such as buying water from the Dongjiang, in a bid to...South China Morning Post
BUSINESSSep 18Zimbabwe farmers seek funds to cash in on China blueberry boomThe southern African country dispatched its first shipment of blueberries to China in July after a phytosanitary agreement signed a year ago and Beijing's scrapping of tariffs on imports from 53 African countries in MayAfricanews [en]
BUSINESSSep 18AM Markets Need to Know: F-35 sale, China tariffs, and moreThis article covers key morning market insights, including topics such as F-35 sales and China tariffs. These issues indicate significant geopolitical and economic factors impacting global markets.Seeking Alpha Tech
BUSINESSSep 18FWD Hong Kong backs HKSAR’s Five-Year Plan, Healthy Greater Bay Area healthcare, and responsible AI in insurance.[The content of this article has been produced by our advertising partner.] Ken Lau, Managing Director, Greater China, & Chief Executive Officer, Hong Kong, said: “FWD Hong Kong warmly welcomes the HKSAR Government's publication of the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) and the 2026 Policy Address. As a pan-Asian insurer headquartered and listed in Hong Kong, we fully support the Government's vision of further...South China Morning Post
BUSINESSSep 18Why Singapore’s big-box gyms are losing to niche fitness studiosProperty agent Raymond Heng had suspected True Fitness was struggling, but he did not expect the gym he had visited for more than a decade to disappear overnight. The closure was not entirely surprising given the region’s fiercely competitive fitness industry, but its abruptness left Heng, 47, in disbelief after paying S$8,800 (US$6,900) for a lifetime membership in 2013. “I guessed that they might not have been doing that well since branches have been closing over the years, but I did not...South China Morning Post
BUSINESSSep 18Will AI adoption shrink office space? Asia-Pacific firms are on the fence in surveyNearly one-fifth of surveyed companies in the Asia-Pacific region believe wider adoption of artificial intelligence will reduce their real estate needs, a new study by CBRE has found. More than half – 56 per cent – held a neutral view, believing either that AI had no impact on office space demand or that it was too early to determine its effect, according to the property consultancy’s poll of corporate real estate executives in the region. The remaining 25 per cent said AI adoption would require...South China Morning Post
BUSINESSSep 18Overdue Bogeumjari Loans Quintuple in Five YearsOverdue Bogeumjari Loan balances reached 548.9 billion won as of July, five times the 2021 level, with delinquency topping 1% for the lowest-income...sedaily · south korea
BUSINESSSep 18China’s Fuel Exports Surge as Global Diesel Shortage DeepensChina's fuel exports are increasing significantly amidst a worsening global diesel shortage. This impacts international energy markets and supply chains, highlighting China's role in addressing or influencing global energy deficits.Yahoo Finance
BUSINESSSep 18"New rice is so cheap" 2025 harvest in stock, light and shadow in retailers' strategiesThe price of new rice from the 2025 harvest is notably low, leading to varied retail strategies and outcomes for stores holding stock. This indicates market fluctuations in agricultural commodities and their impact on retailers.Asahi Shimbun
BUSINESSSep 18Why Japanese stocks rose as government bond yields and the yen fell after rate hikeThe yen weakened past 157 against the dollar, the yield on the 10-year Japanese Government Bond slipped, while the Nikkei 225 gained 1.5%.CNBC
BUSINESSSep 18Japan raises interest rate to new 31-year high to curb rising pricesCentral banks around the world have hiked rates as high energy prices are pushing up inflation.BBC World
BUSINESSSep 18From US Fed rates to China’s global export share: 4 figures shaping marketsThe US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point this week, followed by the Hong Kong Monetary Authority and the Bank of Japan, while the 10-year US Treasury yield fell back below 5 per cent. Here are some of the figures that have drawn the most market attention this week. Fed raises interest rates for first time since 2023 The US Federal Open Market Committee voted unanimously on Thursday to raise rates by 25 basis points to a target range of 3.75 to...South China Morning Post
BUSINESSSep 18Japan's inflation remains at 1.9% in August; core price growth slows to 1.7%Japan's inflation rate held at 1.9% in August, while core price growth slowed to 1.7%. This provides key economic data for understanding Japan's monetary policy and economic health.Seeking Alpha Tech
BUSINESSSep 18Business : MOTAC, MGA Explore Collaboration To Produce Malaysia-themed Gold ProductsKUALA LUMPUR, Sept 18 (Bernama) -- The Ministry of Tourism, Arts and Culture (MOTAC) is exploring opportunities to collaborate with the Malaysia Gold Association (MGA) to produce Malaysia-themed gold products to promote the country’s identity.bernama · malaysia
BUSINESSSep 18Asian markets rally on lower yields and easing crude; BOJ lifts benchmark rateAsian markets rallied due to lower yields and easing crude prices, with the Bank of Japan also raising its benchmark interest rate. This indicates significant shifts in regional economic and monetary policy.Seeking Alpha Tech
BUSINESSSep 18Asian stocks track Wall Street rally as oil prices declineAsian shares mostly rose in early Friday trading, getting a lift from a rally on Wall Street as well as declining oil prices.EuroNews [en]
BUSINESSSep 18Bank of Japan hikes rates to 31-year high to battle inflationJapan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high.EuroNews [en]
BUSINESSSep 18Bank of Japan hikes rate to 31-year high of 1.25% to battle inflationThe Bank of Japan raised the interest rate to a more than 30-year high on Friday and said it would lift it further as it looks to counter…Japan Today
BUSINESSSep 18Is China Loosening It's Grip On LFP Technology Controls?CATL, the world's biggest battery maker is betting big on sodium-ion. China is taxing lithium-ion at home. Neither of those things means China is about to allow the hand over its most valuable battery know-how just yet. China's export controls on lithium iron phosphate (LFP) technology come with an expiry date, but don't expect that dater to arrive anytime soon. CATL itself expects sodium-ion batteries to eventually claim 30-40% of the market it currently serves with LFP, and multiple industry forecasts now put sodium-ion's share of new stationary storage and entry-level EV cells above 60% by 2028. Solid-state cells are creeping toward small-scale vehicle production around 2027. If LFP is a maturing, soon-to-be-secondary chemistry, why would Beijing keep guarding manufacturing know-how for it as tightly as it guards its genuine frontier technology? The reporting on what China has actually done with these controls over the past year suggests the opposite conclusion: Beijing is managing LFP's decline on its own terms, not giving up on it. What actually got relaxed — and why The controls are not one policy but a layered stack, and it matters which layer moved. In July 2023 and again in July 2025, China required export licenses for LFP cathode preparation technology, tightening the July 2025 round to cover fourth-generation LFP cathode know-how specifically — the newest, most cost-competitive version of the chemistry. On October 9, 2025, Beijing added a far broader dual-use package: licenses for lithium-ion batteries above 300 Wh/kg, high-density LFP cathode materials, nickel-cobalt precursor materials, and the equipment used to manufacture all of it. Three weeks later, at the Trump-Xi summit in Busan, the third-generation LFP restriction was dropped as part of the broader trade truce. In November 2025, China went further and suspended the entire October 9 package — batteries, materials, equipment — through November 10, 2026. On the surface, that looks like exactly the relaxation the sodium-ion logic would predict. Look closer, though, and the fourth-generation LFP cathode technology license, arguably the piece that matters most, since it determines whether CATL's own European gigafactories can run best-in-class chemistry or stay capped on third-generation output was not part of that suspension. As of the most recent tracking, it remains in force. What eased was the newer, broader package tied to an active trade negotiation; what stayed was the older, narrower control tied to who gets to build competitive LFP capacity outside China. A tax policy that tells the real story The clearer signal of Beijing's actual thinking arrived in July 2026, and it has nothing to do with export licenses. China's finance ministry announced a domestic consumption tax on lithium-ion batteries — 2% from September 1, 2026, rising to 4% from September 2027, while explicitly exempting sodium-ion batteries, solid-state batteries and fuel cells through the end of 2028. Next generation PV cells got a parallel treatment: perovskite, tandem and gallium arsenide cells exempted, conventional silicon cells taxed from 2027. If China genuinely viewed LFP as a depreciating strategic asset, easing its export controls would be the coherent move to pair with that tax. Instead, Beijing is doing the opposite in each direction at once: discouraging lithium-ion production at home through price signals, while keeping its most advanced LFP manufacturing technology licensed and therefore controllable, for export. It clearly wants to milk LFP for all it's worth for now, on its own schedule, while quietly redirecting domestic capital toward the chemistries it wants to dominate next. What it means for India For India, on the LFP side, projects like the Tata-owned Agratas's cell manufacturing build-out in Gujarat remain dependent, directly or indirectly, on technology and equipment where China's fourth-generation licensing regime still applies — meaning Indian LFP capacity is likely to stay at least one generation behind China's own production for as long as that control holds, trade-truce headlines notwithstanding. On the sodium-ion side, the tax exemption is arguably the more consequential fact for India's own bets, including Reliance's Faradion. It signals Chinese capital and manufacturing capacity rotating toward sodium-ion faster than the export-control conversation alone would suggest, not because Beijing is loosening its hold on battery technology, but because it has already decided where the next hold needs to be built. India's storage sector should plan for Chinese competition in sodium-ion arriving on a shorter timeline than LFP's own history would suggest, not a longer one. That is, if we get there in due course at all.saurenergy · india
BUSINESSSep 18Japan’s central bank raises benchmark interest rate to 1.25% - AP NewsJapan’s central bank raises benchmark interest rate to 1.25%, the highest in 31 years AP NewsAP News
BUSINESSSep 18Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy rideMercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.CNBC
BUSINESSSep 18Bank of Japan Raises Rates, Making U.S. Less Alluring for Tokyo InvestorsJapan’s central bank lifted its benchmark interest rate to 1.25%, its highest level since 1995.wsj · united states of america