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BUSINESSSep 14Z.ai shares tumble over 10% after $5 billion fundraising, its second major raise in two monthsZ.ai shares tumbled after the Chinese AI company announced its second major fundraising in two months.CNBC
BUSINESSSep 13Indonesia issues new halal rulesThe Department of International Trade Promotion (DITP) is urging businesses to prepare for Indonesia's new halal regulations, set to take effect on Oct 18.bangkokpost · thailand
BUSINESSSep 13Hong Kong aims to scale its tech ecosystem and nurture more unicorns: HKSTP CEOHong Kong is intensifying efforts to attract technology start-ups and nurture unicorns through expanded financial support via a key government-backed platform, leveraging the city’s booming fundraising activities and world-class financial infrastructure. Investors are displaying an increased appetite for the local tech scene compared with a decade ago – a trend that Terry Wong Ping-sau, CEO of the Hong Kong Science and Technology Parks Corporation (HKSTP), said was a positive sign for the city’s...South China Morning Post
BUSINESSSep 13Veteran investor Fang Fenglei on why the China ‘investibility’ debate is no debate at allOver the past three decades, investor Fang Fenglei has had a major role in shaping China’s capital markets. He worked with Morgan Stanley in the early 1990s to help create the country’s first joint venture investment bank – China International Capital Corp. Then, at the start of the millennium, he spearheaded the listing of state-owned giants in Hong Kong as CEO of Bank of China International, later chairing a China joint venture with Goldman Sachs. Now the chairman of Hopu Investments, Fang...South China Morning Post
BUSINESSSep 13Labor market to recover in fourth quarter, says BalisacanMANILA, Philippines — The Philippine labor market could turn a corner in the fourth quarter as the economy regains momentum and public construction activity gradually picks up, according to Socioeconomic Planning Secretary Arsenio Balisacan. Speaking to reporters on the sidelines of the Luzon Economic Corridor forum, Balisacan said the recent deterioration in the labor market was [...]... Keep on reading: Labor market to recover in fourth quarter, says Balisacaninquirer · philippines
BUSINESSSep 13Local coconut planters need assistance–AbalosAbalos made the statement during the 40th National Coconut Week and Coconut Stakeholders’ Congress in Pasay City last Friday.businessmirror · philippines
BUSINESSSep 13‘Commercial farms, govt programs to boost pork supply’The Philippines’s pork supply will likely expand in 2027 due to the additional investments made by commercial farms and the hog repopulation initiatives of the government, according to the United States Department of Agriculture-Foreign Agricultural Service (USDA-FAS Manila).businessmirror · philippines
BUSINESSSep 13Seeking cash for AI, China’s Z.ai eyes new US$5b fundraising push after July share saleZ.ai, the Chinese artificial intelligence model developer listed in Hong Kong, is seeking to raise about HK$15.7 billion (US$2 billion) through a placement of roughly 21.97 million new H shares at HK$714 apiece, according to a company filing on Sunday. The company also announced a 20.14 billion yuan (US$3 billion) convertible-bond sale, according to its filing with the Hong Kong stock exchange. Z.ai, also known as Zhipu AI, closed at HK$793 on Friday, down 73 per cent from its intraday high of...South China Morning Post
BUSINESSSep 13South Korea extends stock trading into evening hoursSouth Korea has extended its stock trading hours into the evening, which could impact market liquidity and investment strategies. This decision is significant for participants in the South Korean financial market.Seeking Alpha Tech
BUSINESSSep 13South Korea aims to finalise details of US investment plan this week, minister saysSouth Korea will hold further talks with the US early this week to finalise details of Seoul's proposed US$350 billion (HK$2.73 billion) investment commitment to the US, South Korean Industry Minister Kim Jung-kwan said on Sunday.thestandard_hk · hong kong
BUSINESSSep 13South Korea's $350 Billion Investment Dialogue with the U.S.South Korea is set to engage in further discussions with the United States early this week to iron out the final details of its proposed 350 billion investment commitment This information was confirmed by South Korean Industry Minister Kim Jung-kwan on Sundaydevdiscourse · india
BUSINESSSep 13Hong Kong to deepen ties with Global South and Middle East, finance chief saysHong Kong will deepen ties with emerging economies worldwide, expanding connections with the Middle East and belt and road countries, from finance to innovation and technology, according to the finance chief. Financial Secretary Paul Chan Mo-po also said the city aims to build “networked and institutionalised” connectivity with the Global South – a broad term for developing less-industrialised countries, primarily located in Africa, Asia and Latin America. Belt and road countries are nations...South China Morning Post
BUSINESSSep 13Japan’s WEGO fashion brand is latest firm to feel force of Chinese consumer backlashJapanese fashion brand WEGO has scrapped a plan to launch a new range in collaboration with the hit anime and manga franchise My Hero Academia after it triggered an angry backlash from Chinese consumers. The Tokyo-based company triggered an outcry on Chinese social media after announcing it would release an exclusive range of My Hero Academia-themed clothing. The franchise was widely condemned in China over a 2020 controversy about a character that conducted lethal human experiments – a topic...South China Morning Post
BUSINESSSep 13KRX launches after-market stock trading until 8 p.m.The Korea Exchange will launch real-time after-market stock trading from 4 p.m. to 8 p.m., expanding access for most Kospi and Kosdaq shares.koreajoongangdaily_joins · south korea
BUSINESSSep 13China , Russia , India seek economic cooperation at BRICS - Asia & PacificChina, Russia, and India are seeking economic cooperation at a BRICS-Asia & Pacific event. This indicates efforts to strengthen economic ties among these nations and regional influence.thejakartapost.com · Indonesia
BUSINESSSep 13 The biggest risk is low liquidity : South Korea tests global demand for after - hours stock tradingSouth Korea is exploring after-hours stock trading to gauge global demand, with low liquidity identified as the primary risk. This initiative aims to enhance market accessibility but faces inherent challenges in trading volume.businesstimes.com.sg · Singapore
BUSINESSSep 13Speculators turn bullish on yen for first time since February on BOJ rate - hike betsSpeculators have adopted a bullish stance on the yen for the first time since February, driven by expectations of a rate hike from the Bank of Japan. This reflects a significant shift in market sentiment regarding the Japanese currency.businesstimes.com.sg · Singapore
BUSINESSSep 13Hongkongers hit with unauthorised charges for new iPhone as 2 banks launch probesScores of Hongkongers have complained about unauthorised transactions on credit cards used to pre-order Apple’s latest iPhones, prompting major banks to launch investigations. One internet user on the social media platform Threads said she received a message on Saturday night saying she had unauthorised transactions of HK$33,598 (US$4,280) from Apple on her HSBC credit card. “When I called Apple customer service, they hung up on me immediately. What should I do?” she asked. It took her half an...South China Morning Post
BUSINESSSep 13Nigeria, China deepen tourism cooperation to attract Chinese touristsNTDA Director-General, Ola Awakan, during the meeting, called for a structured China-Nigeria Tourism Market Development Programme. The post Nigeria, China deepen tourism cooperation to attract Chinese tourists appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 13BRICS Billionaire Club : Who richest in India , China , Russia , Brazil ? Net worth of Mukesh Ambani , Zhang Yiming , othersThis article explores the wealthiest individuals within BRICS nations, detailing their net worths. It provides insights into the economic power and personal fortunes within these emerging economies.livemint.com · India
BUSINESSSep 13 The biggest risk is low liquidity : South Korea tests global demand for after - hours stock tradingSouth Korea is testing global demand for after-hours stock trading, identifying low liquidity as the biggest risk. This initiative aims to explore new trading mechanisms within financial markets.businesstimes.com.sg · Singapore
BUSINESSSep 13HKIS paid substantial amount to US church co-founder to end ‘bad marriage’: sourceThe US church group that co-founded Hong Kong International School (HKIS) accepted an out-of-court payment to end a “bad marriage”, a source has told the South China Morning Post, saying their differences would have led to more litigation if the partnership had continued. The source familiar with the settlement said the Lutheran Church-Missouri Synod (LCMS), which sued the school for allegedly breaching its operating agreement last September, decided to part ways with the institution after...South China Morning Post
BUSINESSSep 13SRT Accepts Asia Era One 1 . 07 Billion Baht GuaranteeThe State Railway of Thailand (SRT) has accepted a 1.07 billion Baht guarantee from Asia Era One. This signifies a substantial financial agreement related to infrastructure.chiangraitimes.com · Thailand
BUSINESSSep 12Smilegate founder divorce suit draws attention to game empire built in silenceA divorce suit involving the founder of Smilegate is bringing attention to the gaming empire they built. This highlights the potential impact of personal events on major companies.koreatimes.co.kr · South Korea
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