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BUSINESSAug 10As China tightens its tax rules, can Hong Kong remain a magnet for billionaires?For decades, Hong Kong has been a magnet for the rich. From wealthy Chinese setting up family trusts to millionaires migrating from across Southeast Asia, all of them have been sucked in by the city’s promise of free capital flows, a trustworthy legal system and extensive financial expertise. It is a winning combination that helped Hong Kong leapfrog Switzerland as the world’s biggest cross-border wealth hub last year, as the city rode a wave of blockbuster listings by Chinese technology...South China Morning Post
BUSINESSAug 10Soybean trade drives China - US farm tiesSoybean trade is identified as a key driver of agricultural relations between China and the US. This indicates the significance of this commodity in the economic ties between the two nations.global.chinadaily.com.cn · China
BUSINESSAug 10Indonesia strong GDP data prompts resilient but uneven growth forecastsStrong GDP data for Indonesia has led to forecasts of resilient but uneven economic growth. This indicates a mixed outlook for the nation's economic future.scmp.com · China
BUSINESSAug 10Reboot of Dayong Ancient City tests if China loss - making tourism projects can be revivedChina is attempting to revive loss-making tourism projects, using the Dayong Ancient City as a test case.scmp.com · China
BUSINESSAug 10Indonesia’s strong GDP data prompts ‘resilient but uneven’ growth forecastsIndonesia’s faster-than-expected economic growth in the second quarter has offered a ray of hope for a sustainable turnaround after months of negative news over the rupiah, investor confidence and global uncertainties. Analysts, however, urged caution about the country’s economic outlook in the coming quarters, saying the latest data also revealed uneven sectoral performance and a reliance on government spending. Southeast Asia’s largest economy grew 5.29 per cent year on year in the April-June...South China Morning Post
BUSINESSAug 9Japan-backed smart water meters launched in Faisalabad8,400 meters planned in first phase to curb wastage, detect leakstribune_pk · pakistan
BUSINESSAug 9China inflation cools more than expected as domestic demand stays weakSeeking Alpha Tech
BUSINESSAug 9APEC host city Shenzhen offers glimpse of China future industriesShenzhen, as the APEC host city, is showcasing China's future industries. This offers insights into emerging economic sectors and technological advancements in the region.bignewsnetwork.com · United States
BUSINESSAug 9Moore Threads plans Hong Kong listing after posting 147% jump in first-half revenueChinese artificial intelligence (AI) chip developer Moore Threads plans to seek a listing in Hong Kong after reporting a 147 per cent jump in first-half revenue, as the Nvidia challenger seeks fresh capital amid booming demand for home-grown computing power. The Shanghai-listed company said on Sunday that its board had approved a plan to issue H shares and list on the main board of the Hong Kong stock exchange, a move designed to deepen the firm’s “international strategic footprint”, attract and...South China Morning Post
BUSINESSAug 9How China’s ‘magic’ rice seeds are transforming the fortunes of Nigerian farmersJust outside the Nigerian capital Abuja, where Green Agriculture West Africa Limited (Gawal) is based, locals do not refer to the company by name, instead as the place where the Chinese supply “magic” rice seeds. Ahmed Yusuf, 42, credits the seeds with turning around his rice business for good. Before Gawal, Yusuf’s yields averaged just 2 tonnes per hectare, putting him on the verge of forsaking farming after more than a decade of toiling. “Each year I was making losses, and I couldn’t meet the...South China Morning Post
BUSINESSAug 9How are Hong Kong restaurants faring 1 month into the dog-friendly scheme?Restaurateur Ken Chu Ka-chun recorded a 20 per cent boost in business at one of his outlets at Kai Tak Sports Park over the past month, thanks to pet owners dining in under a government scheme allowing dogs into nearly 1,000 Hong Kong establishments since July 9. “We saw more dog owners coming in because people frequently walk their dogs around here,” said Chu, owner of Asura group, which has two restaurants with pet-friendly licences. The restaurant has separate seating areas for diners with...South China Morning Post
BUSINESSAug 9China to launch regular shipping to Europe via Russia Northern Sea RouteChina plans to establish regular shipping services to Europe using Russia's Northern Sea Route. This signifies a major development in international trade and logistics.beijingbulletin.com · China
BUSINESSAug 9Vietnam pays the price at home for sending workers abroadVietnam’s seafood and garment sectors are facing a labour shortfall even with raised wages, as Hanoi expands a drive to send more workers overseas for higher-paying jobs. The contradiction reflects a broader challenge for the Southeast Asian country as it pushes to move up the value chain while banking on labour migration to generate remittance revenue, analysts say. According to the home ministry, between 130,000 and 150,000 Vietnamese go abroad to work annually. The overseas labour market...South China Morning Post
BUSINESSAug 9China producer inflation slows to three - month low , consumer prices coolChina's producer inflation has slowed to a three-month low, and consumer prices are also cooling. This indicates a shift in the country's economic pricing trends.economictimes.indiatimes.com · India
BUSINESSAug 9China’s monthly inflation cools as impact from Iran war easesJuly CPI rises at slowest pace since January while factory-gate price growth deceleratesFinancial Times
BUSINESSAug 9The bank behind China’s AI listings bonanzaCICC has become a dominant financier in Beijing’s drive to compete with US in tech raceFinancial Times
BUSINESSAug 8Hong Kong employer groups call for helper wage freeze, warn of mass sackingsA coalition of Hong Kong employers has called on the government to freeze the pay of foreign domestic workers this year, warning that any wage increases may result in mass sackings. They also proposed a new pay-for-performance mechanism to allow employers to reward high-performing helpers more than poor performers. Two employers’ groups – the International Domestic Service Industry Development Federation, and the Quadripartite Alliance for Harmonious Employment Practices – led about 30...South China Morning Post
BUSINESSAug 8Hong Kong commerce chief to lead joint local and mainland delegation to MalaysiaHong Kong’s commerce chief is set to lead a delegation of mainland Chinese and local firms to Malaysia next week, noting that about 200 enterprises from across the border have already set up offices in the city since last year, using it as a stepping stone to go global. Secretary for Commerce and Economic Development Algernon Yau Ying-wah also said on Saturday that the city was eyeing emerging markets in Africa, after exploring the Middle East and Central Asia amid geopolitical tensions. Yau...South China Morning Post
BUSINESSAug 8US Senate passes Russia Sanctions Bill ; could impose upto 100 % tariff on China , India for purchase of Russian crudeindiagazette.com · India
BUSINESSAug 8China foreign exchange reserves rise in JulyChina's foreign exchange reserves increased during the month of July. This indicates a change in the country's economic financial position.china.org.cn · China
BUSINESSAug 8Interview : China zero - tariff treatment for African products opens new chapter in economic cooperation , says Nigerien expertA Nigerien expert states that China's zero-tariff treatment for African products opens a new chapter in economic cooperation. This highlights a significant development in international trade relations.sierraleonetimes.com · Sierra Leone
BUSINESSAug 8Because Vietnam Airlines is becoming the Italian gateway to AsiaVietnam Airlines is reportedly establishing itself as the primary Italian gateway for travel to Asia. This signifies a strategic move in airline route development and international travel connections.irishdentist.ie · Ireland
BUSINESSAug 8China’s biggest travel site grapples with watchdog’s reservationsProbe concludes that Trip.com abused its power as platform handling more than half of country’s hotel bookingsFinancial Times
BUSINESSAug 7Aflac expects Japan 2026 benefit ratio at high end of 60%-63% range while targeting $50M+ run-rate lift from portfolio repositioningAflac projects its Japan 2026 benefit ratio to be at the high end of the 60%-63% range. The company is also targeting over $50 million in run-rate lift from portfolio repositioning.Seeking Alpha Tech
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