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BUSINESSSep 16US crypto bill stumble sparks call for Hong Kong to seize ‘critical strategic window’The US Senate’s rejection of the Clarity Act – a landmark bill meant to regulate cryptocurrency market structure – has opened a window for Hong Kong to accelerate its digital asset ambitions, industry insiders say, even as the sector remains mired in a slump after a brief rally last month. Beijing’s ban on crypto remains in force in mainland China, but Hong Kong has received approval to develop itself as a digital asset hub, with the stalled push in Washington presenting the city with what...South China Morning Post
BUSINESSSep 16Tesla revives China discounts; Iran war drives shift to electric cars: 7 EV readsWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Market squeeze: Tesla revives China price cuts to stem slumping deliveries Tesla China has launched discounts on its Shanghai-made cars for the first time since the end of 2024, responding to falling deliveries in the world’s largest market for electric vehicles (EVs). 2. ‘Key pillar’:...South China Morning Post
BUSINESSSep 16Apollo provides $585M hybrid financing to Asia's flexible-office providerApollo has provided $585 million in hybrid financing to an Asian flexible-office provider. This indicates a significant financial deal within the real estate and investment sectors.Seeking Alpha Tech
BUSINESSSep 16Hong Kong rated Asia’s top financial hub for 4th straight year: reportHong Kong has retained its status as Asia’s top financial hub for a fourth consecutive edition of the Global Financial Centres Index (GFCI), even as many of the world’s leading centres saw their scores slip slightly amid rising geopolitical headwinds. The city also ranked third globally in the 40th edition of the twice-yearly report, released on Wednesday amid a remarkably tight race at the top of global finance. Hong Kong scored 756, just one point behind London on 757 and a point ahead of...South China Morning Post
BUSINESSSep 16Hong Kong unveils first five-year plan to cement position as global financial hubHong ⁠Kong leader ​John Lee on Wednesday unveiled the city's first five-year plan to boost its global position as a financial hub. The plan serves as a social and economic roadmap detailing the city-state's strategic priorities, including an aim to expand technology ties with mainland China.France 24 [en]
BUSINESSSep 16What’s the Pinglu Canal, China’s new gateway to Southeast Asia?China's first modern river-to-sea canal could significantly cut down time and costs of trade to Southeast Asia.Al Jazeera [en]
BUSINESSSep 16Japan’s August trade deficit widens sharply on higher importsJapan's trade deficit significantly widened in August due to an increase in imports. This indicates shifts in the country's economic balance of trade.Seeking Alpha Tech
BUSINESSSep 16Grab aims for 'next level' in financial services with purchase of buy-now pay-later platform AtomeGrab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.CNBC
BUSINESSSep 16Neither tariffs nor export controls will stop China’s industrial engineThe first “China shock” was fairly easy to understand. Beginning in the 1990s, cheap Chinese goods poured into global markets, displacing large parts of lower-end manufacturing across the world. Now, China shock 2.0 seems to be under way, with China taking the lead in electric vehicles (EVs), batteries, solar panels, semiconductors and other more technologically sophisticated industries. This is often perceived as a trade problem, with Chinese manufacturers producing too much, selling too...South China Morning Post
BUSINESSSep 16BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC surveyThe BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.CNBC
BUSINESSSep 16Southeast Asian buyers emerge as top non-local investors in Hong Kong commercial propertySoutheast Asian investors have emerged as the largest non-local buyers of Hong Kong commercial property, led by Singapore-based capital, according to Savills. As of Tuesday, local and non-local investors – including those from mainland China – were behind an estimated HK$30.36 billion (US$3.87 billion) in transactions involving commercial property deals above HK$50 million in Hong Kong so far this year, data compiled by the property consultancy showed. Southeast Asian investors contributed...South China Morning Post
BUSINESSSep 15China: Growth risks rise with softer demand – Standard CharteredStandard Chartered economists Hunter Chan and Shuang Ding assess China’s July-August data and conclude that domestic demand weakened while production held up.fxstreet · spain
BUSINESSSep 15The Philippines needs to turn fast growth into productive growthThe Southeast Asian nation has proved it can grow. Now, amid shifting supply chains and rising geopolitical tensions, it must prove it can grow more productively. The post The Philippines needs to turn fast growth into productive growth appeared first on Atlantic Council.Atlantic Council
BUSINESSSep 15Alibaba’s (BABA) Short-Term Capex Drag Creates a 30% Valuation DiscountYahoo Finance
BUSINESSSep 15Hong Kong finance chief urges Cathay to keep fares attractive, add routesHong Kong’s finance chief has called on Cathay Pacific Airways to offer attractive fares and expand its route network, as China’s national development plan reinforces the city’s status as a global aviation hub. Speaking at Cathay’s 80th anniversary celebration on Tuesday, Financial Secretary Paul Chan Mo-po described the flag carrier as more than just a transport provider, calling it an ambassador for Hong Kong that reinforced the city’s status as a global aviation hub and “superconnector”. Chan...South China Morning Post
BUSINESSSep 15How Canada’s Trump headache is fuelling a China trade boomCanada’s exports to China jumped by 30.1 per cent in the first half of 2026, led by crude oil, copper and other energy and mineral products, as Ottawa stepped up efforts to diversify trade ties amid growing tensions with its largest trading partner, the United States. Exports to China reached C$21.74 billion (US$15.63 billion) over the period, marking the highest first-half value since 1997, according to a trade report released by the Canada China Business Council and the China Institute at the...South China Morning Post
BUSINESSSep 15Mainland Chinese joint venture launches new electric taxi in Hong KongA mainland Chinese joint venture will introduce an electric taxi in Hong Kong next month, but a lawmaker has warned that a lack of quick-charging stations remains the biggest challenge to the government’s target of introducing 3,000 such cabs by next year. SAIC-GM-Wuling, a joint venture between SAIC Motor, General Motors China and Guangxi Automobile Group, on Tuesday unveiled its Darion Taxi, a new six-seater e-taxi to be launched in Hong Kong. DH Legend Motors, the joint venture’s sole Hong...South China Morning Post
BUSINESSSep 15Who will shoulder the debts behind Indonesia’s China-backed Whoosh railway?Indonesia’s finance ministry is preparing to absorb debt payments for Whoosh, the China-funded high-speed railway connecting Jakarta and Bandung, in a move officials say will ease financial pressure on the state-owned enterprises that built and operate the line. The government has argued that the burden is manageable after the debt was restructured over 80 years, requiring annual instalments of about 1 trillion rupiah (US$56.5 million). But the plan has also raised concerns that taxpayers are...South China Morning Post
BUSINESSSep 1585% of Wang Fuk Court owners sign sale deals as flat selection moves aheadMore than 85 per cent of owners at the blaze-hit Wang Fuk Court have signed agreements to sell their flats to the Hong Kong government as authorities move ahead with flat selection under a special rehousing scheme. Authorities said on Tuesday that 1,702 households – 85.8 per cent of flat owners across blocks A to H at the estate – had signed sale and purchase agreements as of Monday. On the same day, the bureau held computerised draws to determine the selection sequence for subsidised flats...South China Morning Post
BUSINESSSep 15AM Markets Need to Know: China tightens AI safeguards, bond yields rise, and moreKey market updates include China's new AI safeguards and rising bond yields. These developments are significant for global financial markets and technology sectors.Seeking Alpha Tech
BUSINESSSep 15‘Lazy economy’: US$15 monthly rubbish services in China gain popularity, benefitting elderlyA new business trend has emerged in China where young people get paid to throw out rubbish for others at a small fee – and it is proving to be a surprising success. While many people consider taking out the rubbish merely an incidental chore, it has evolved into a paid service in China. On social media platforms, some entrepreneurs promote their rubbish disposal services. Their fees range from three to five yuan (45 to 75 US cents) per pickup, with an option for a monthly package priced at...South China Morning Post
BUSINESSSep 15It’s Boom Time in Kyrgyzstan, Courtesy in Part of the War in UkraineThe economy of the Central Asian nation grew by 11 percent last year, partly by becoming a key conduit for goods flowing into Russia.NYT World
BUSINESSSep 15China's retail sales slow again as Beijing struggles to revive consumer spendingRetail sales in China grew just 0.4% in August, the slowest pace since growth resumed and the second consecutive monthly slowdown, underlining how little progress Beijing has made in reviving consumer spending even as factory output accelerates.EuroNews [en]
BUSINESSSep 15LNG Demand in China and India Could Surge When Prices NormalizeYahoo Finance