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BUSINESS4d agoChina and Europe agree to cut Chinese hybrid vehicle exports by halfEurope's trade chief Maroš Sefčovič cast the two days of talks with China's Commerce Minister Wang Wentao in Beijing as a positive first step.CNBC
BUSINESS4d agoTesla’s China-made EV sales rise as Europe recovery continuesTesla's electric vehicle sales manufactured in China are increasing, coinciding with an ongoing recovery in the European market. This indicates positive sales trends for the company in key international markets.Seeking Alpha Tech
BUSINESS4d agoEU and China clinch deal over cars after heated trade talks as Brussels pushes to rebalance tradeEU Trade Commissioner Maroš Šefčovič described the deal as marking the end of the “first phase” of negotiations. Brussels is pushing for a fundamental rebalancing in trade relations with Beijing.EuroNews [en]
BUSINESS4d agoDeveloper of One Stanley pledges 6-year warranty and checks amid steel bar probeThe developer of One Stanley has offered flat owners a six-year structural warranty and free independent property inspections amid an investigation into suspected steel reinforcement deficiencies at the seaside luxury residential development in southern Hong Kong. K Wise, a subsidiary of One Stanley developer K&K Property, addressed the brewing scandal on Friday, a week after allegations of substandard work were reported by a local property media outlet, issuing a statement outlining remedial...South China Morning Post
BUSINESS4d agoTravel agencies tout Huanggang Port tours, but security chief urges later visitsHong Kong travel agencies are offering tours featuring “five-minute clearance” at the revamped Huanggang Port when it opens on Monday, but the security chief has urged those who do not need to use the crossing immediately to delay their visits. Three days before the port’s official opening, the South China Morning Post on Friday found a number of tour packages advertised on social media that promoted the redeveloped border checkpoint as a new attraction for trips to mainland China. An...South China Morning Post
BUSINESS4d agoTaiwan Semiconductor's strong Q3 sales a positive sign for Q4, Wedbush saysTaiwan Semiconductor's strong sales performance in Q3 is seen as a positive indicator for its Q4 outlook by Wedbush. This suggests continued growth and demand in the semiconductor industry, which is crucial for the global technology supply chain.Seeking Alpha Tech
BUSINESS4d agoChina and the EU have reached an agreement on hybrid cars, according to BeijingHandelskommissar Maroš Šefčovič bemüht sich um eine Zusage aus Peking, den boomenden Export chinesischer Plug-in-Hybrid-Elektrofahrzeuge nach Europa einzudämmen.Politico Europe
BUSINESS4d agoChina and EU reach ‘understanding’ on hybrid vehicles after crunch trade talksThe European Union and China “reached an understanding” on trade in hybrid electric vehicles during marathon negotiations in Beijing on Friday, China’s commerce ministry said in a statement. Beijing is “willing to continue” fast-tracking licenses for rare earth mineral exports to Europe, while the sides will continue negotiations on reducing tariffs and creating minimum price deals that would allow Chinese electric vehicles to enter the EU market at a lower duty rate, according to the...South China Morning Post
BUSINESS4d agoChina says it reaches ‘understanding’ with EU on hybrid carsTrade Commissioner Maroš Šefčovič says the agreement could prevent millions of Chinese vehicles from entering the European market over the next four years.Politico Europe
BUSINESS4d agoPrudential of Japan's new business suspension extended to Jan. 31, 2027Prudential of Japan's new business suspension has been extended until January 31, 2027. This decision impacts the company's operations and market presence for the specified duration.Seeking Alpha Tech
BUSINESS5d agoAs China and the EU begin crunch trade talks, optimism is in short supplyObservers on both sides are braced for more turbulence – and mainly hope Beijing and Brussels can avoid a full-blown trade conflictthestar_my · malaysia
BUSINESS5d agoHong Kong outlines new liquidity reforms as US market rally pulls funds awayHong Kong’s securities watchdog is renewing its push to boost market liquidity, setting out further reforms as emerging markets grapple with capital outflow pressure amid a rally in US equities and a strengthening dollar. Speaking at a conference organised by the Asian Securities & Financial Markets Association (Asifma) on Friday, Julia Leung, CEO of the Securities and Futures Commission (SFC), outlined measures ranging from extended trading hours and shorter settlement cycles to cross-market...South China Morning Post
BUSINESS5d agoChina’s hotel room rates disappoint during ‘golden week’ despite tourism boomHotel room rates across mainland China fell short of expectations during the National Day “golden week” holiday despite a tourism boom, as company officials and analysts called for stronger asset and revenue management to ease pricing pressure. Hotel tariffs remained largely unchanged from the previous month between October 1 and 7, even as bookings jumped, according to executives at hotel operators and travel agencies. “The days when hotels and resorts could expect a windfall during the...South China Morning Post
BUSINESS5d agoChina rejects yuan complaints, ‘golden week’ travel, Canton FairChina’s central bank rejected claims that the yuan is undervalued, rebutting a key European argument amid crunch negotiations ahead of a possible trade war. “China has no need or intent to gain competitive advantages through currency devaluation, nor has it ever resorted to competitive devaluation,” the People’s Bank of China said in a policy paper on Thursday, printed in both Chinese and English (see the full paper on SCMP Plus). “China’s trade growth is driven by its growing industrial...South China Morning Post
BUSINESS5d agoDFI Retail Group says it will continue to invest in Hong Kong supermarketsHong Kong-headquartered DFI Retail Group, which owns and operates the city’s largest supermarket network, says it will continue to invest in new stores even though consumers remain cautious. Darren Chan, the group’s managing director for food in Hong Kong and Macau, said DFI – whose supermarket chains include Wellcome and Market Place in Hong Kong – was also “looking for opportunities to strengthen” its network where there was “clear customer demand and attractive long-term returns”. “We invest...South China Morning Post
BUSINESS5d agoChina state funds double down on Hua Hong in legacy chip pushChinese state funds are ramping up support for the country’s second-largest contract chipmaker, pouring billions of yuan into the parent of Hua Hong Grace Semiconductor and a new manufacturing facility to fuel Beijing’s drive for self-reliance in mature-node chips. The capital blitz, spanning Hua Hong’s Shanghai-based parent company and a fabrication plant in Wuxi, highlights how government-coordinated financing is doubling down on domestic foundries, as Washington tightens technology...South China Morning Post
BUSINESS5d agoMalaysia's growth momentum set to holdKUALA LUMPUR: Malaysia's economy is expected to maintain a favourable growth trajectory in 2027, anchored by robust domestic demand, continued investment activity and strengthening momentum across key sectors.nst · malaysia
BUSINESS5d agoChina and EU trade envoys seek ways to ease tensions over growing imbalancesThe top trade envoys for China and the European Union are wrapping up two days of talks aimed at calming escalating tensions over growing imbalances between the two giant economiesThe Independent World
BUSINESS5d ago11 premises raided over alleged bid-rigging to supply virtual reality systems to schoolsHong Kong’s competition watchdog has raided 11 offices and homes over alleged bid-rigging for contracts to supply virtual reality (VR) systems to schools and non-profit organisations, with the deals valued at HK$10 million. The Competition Commission revealed on Friday that it had secured warrants and searched the 11 premises, including those of several IT service and equipment providers, other firms and the residences of several suspects, in an operation the day before codenamed “Lens”. The...South China Morning Post
BUSINESS5d agoNearly 30 years after IMF rescue, Thailand faces new economic test - ReutersNearly 30 years after IMF rescue, Thailand faces new economic test ReutersReuters World
BUSINESS5d agoAsian markets mixed following tech selloff as OpenAI revenue concerns weighAsian markets experienced mixed results following a tech selloff. This was influenced by concerns regarding OpenAI's revenue.Seeking Alpha Tech
BUSINESS5d agoWebinar: How to buy and sell a property in Japan as a foreignerLearn how to buy & sell a property in Japan as a foreigner. The webinar will be held online from 11 a.m. - 12 p.m. (Japan Standard Time)…Japan Today
BUSINESS5d agoKorean battery ETFs surge as AI data center demand boosts ESS outlookKorean secondary battery ETFs ranked among the top market performers this month as investors bet that AI data centers will drive growing energy storage system demand.koreajoongangdaily_joins · south korea
BUSINESS5d agoFormer Greentown China head charged for taking bribes over stake in real estate projectHong Kong’s corruption watchdog has charged the former head of a listed company for allegedly accepting HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer in exchange for acquiring a stake in the developer’s real estate project. Zhang Yadong, 58, who was chairman of Greentown China Holdings from 2019 to 2025, faced a count of conspiracy to accept advantages, the Independent Commission Against Corruption (ICAC) said on Friday. The case was mentioned at Eastern...South China Morning Post