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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
BUSINESSAug 7BorgWarner secures new VCT engine contracts in Europe and ChinaBorgWarner has successfully secured new contracts for VCT engine technology in both European and Chinese markets. This signifies expansion and new business opportunities for the company.just-auto.com · China
BUSINESSAug 7Hong Kong designer sues Prada for US$5 million over abandoned Rolls-Royce projectA Hong Kong-based Belgian designer is taking fashion powerhouse Prada to court, claiming at least US$5 million in damages for the alleged repudiation of a partnership agreement to redesign a series of Rolls-Royce cars for exhibitions and events worldwide. In a High Court lawsuit filed on Thursday, Jonathan Riss accused the Italian brand of breaching various written and verbal agreements to jointly develop a marketing initiative which he said Hong Kong-listed Prada unilaterally abandoned for...South China Morning Post
BUSINESSAug 7China peak power load hits another summer record - XinhuaChina's peak power load has reached another summer record, according to Xinhua. This indicates increasing energy demand and potential strain on the country's power infrastructure.english.news.cn
BUSINESSAug 7HeartCore to sell 51% stake in Vietnam software JV for $184KHeartCore plans to sell a 51% stake in its Vietnam software joint venture for $184,000. This move represents a business transaction involving a partial divestment from a joint operation.Seeking Alpha Tech
BUSINESSAug 7Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip driveChinese artificial intelligence (AI) chip giant Cambricon Technologies reported a 108 per cent surge in first-half revenue on Friday, as the firm capitalises on a massive domestic push to replace foreign AI hardware. The chipmaker’s revenue for the first six months of the year reached 6 billion yuan (US$890 million), while profits also jumped 122.6 per cent year on year to 2.3 billion yuan, according to a stock exchange filing. In the second quarter, the firm’s revenue was 3.1 billion yuan, in...South China Morning Post
BUSINESSAug 7China exports slow slightly in July despite robust demand for high - tech productsChina's exports experienced a slight slowdown in July, even with strong demand for high-tech goods. This reflects current trends in global trade and China's economic performance.local10.com · United States
BUSINESSAug 7China plans to increase mine output in world’s largest rare earth deposit by 50%China plans to expand production capacity of a mine in Bayan Obo in its Inner Mongolia region with an investment of over half a billion yuan (US$74 million). The expansion will raise the mine’s annual output by 50 per cent from 10 million to 15 million tonnes at the world’s largest rare earth deposit. Bayan Obo is a complex polymetallic deposit containing iron, rare earths, fluorite, niobium, scandium and thorium. The project is mainly aimed at increasing iron ore output while rare earths would...South China Morning Post
BUSINESSAug 7China exports and imports surge in JulyChina's exports and imports experienced a significant surge in July, reflecting strong activity in the country's international trade. This data indicates a notable increase in both outbound and inbound commercial traffic.hurriyetdailynews.com · Turkey
BUSINESSAug 7Asian Shares Mixed Amid Hormuz Tensions , Strong China Trade Datarttnews.com · United States
BUSINESSAug 7Solar stocks shine after Trump extends China tariffs to polysilicon productsSolar stocks rose in premarket trading President Donald Trump announced fresh import restrictions on polysilicon products.CNBC
BUSINESSAug 7China Built Nepal Networks . Elon Musk Wants In . – Sri Lanka GuardianThe article highlights China's established network infrastructure in Nepal and Elon Musk's interest in entering this market. This signifies potential business competition and geopolitical influence in the region.slguardian.org · Sri Lanka
BUSINESSAug 7China Yuchai GAAP EPS of $2.17, revenue of $2.2BChina Yuchai reported GAAP EPS of $2.17 and revenue of $2.2 billion.Seeking Alpha Tech
BUSINESSAug 7China shifts from Africa’s top megaproject lender to a debt collectorSince the mid‑2000s, China has established itself as Africa’s principal bilateral financier for large infrastructure projects, including railways, bridges, dams and ports. But as the loans involved reach maturity, Beijing has transitioned from a net provider of funds to a net collector. Drawing on data from Boston University’s Global Development Policy Centre and its own calculations, Oxford Economics Africa said in a new analysis that Chinese loan commitments dropped from a peak of US$28.8...South China Morning Post
BUSINESSAug 7AirAsia Philippines Named World Most Punctual Low - Cost Airline in July 2026outoftownblog.com · Philippines
BUSINESSAug 7Hong Kong’s US dollar peg faces fresh calls for review – but is change feasible?The Hong Kong dollar’s four-decade-old peg to the US dollar is facing fresh calls for review, after a local financial industry body urged greater use of the yuan and floated the idea of shifting to a basket of major currencies and gold – though financial analysts argue the current system is likely to remain in place. The proposal to revisit the pegged exchange rate system was submitted this week by the Hong Kong Securities and Futures Professionals Association (HKSFPA), as the government gathers...South China Morning Post
BUSINESSAug 7Japan spent record ¥6.28 tril in forex intervention on April 30Japanese authorities spent a single-day record of 6.28 trillion yen ($40 billion) in a dollar-selling, yen-buying intervention on April 30 to stem the yen's slide that was followed…Japan Today
BUSINESSAug 7Analysis - Korean ant swarm back to Wall Street as KOSPI rout dents homecoming driveKorean individual investors are reportedly returning to Wall Street investments after a decline in the KOSPI index affected their domestic investment strategies. This reflects shifting international investment patterns among retail investors.finance.yahoo.com · United States
BUSINESSAug 7South Korea Parata Air preps US ops , builds A330 - 200 fleet - ch - aviationSouth Korean airline Parata Air is preparing for operations in the US market. The airline is also expanding its fleet by building up its A330-200 aircraft.ch-aviation.com · United States
BUSINESSAug 7The Domino Affect : China Real Estate Crash Could Erase Millions Jobschiangraitimes.com · Thailand
BUSINESSAug 7Employers Confederation of the Philippines statement on the recent National Capital Region wage hikeAn Employers Confederation has issued a statement regarding a recent wage hike in the National Capital Region. This addresses changes in labor policy and its economic implications.manilatimes.net · Philippines
BUSINESSAug 7Solar tariffs will hurt America allies , not ChinaNew solar tariffs are anticipated to negatively affect America's allies rather than China. This suggests potential unintended consequences of trade policy.economictimes.indiatimes.com · India
BUSINESSAug 7Hong Kong tourism sector urges action with visitor spending 44% below 2018 levelHong Kong’s tourism industry has called for more experiential events, enhanced transport measures and closer cross-border cooperation to draw overnight visitors, after tourist spending fell to HK$197.5 billion (US$25.2 billion) last year, 44 per cent below its 2018 level. Lawmaker Perry Yiu Pak-leung, chairman of China Travel Service (Hong Kong), said on Friday that the fall reflected changing travel patterns, with tourists placing greater value on experiences and in-depth exploration than on...South China Morning Post
BUSINESSAug 7NLIGHT forecasts Q3 2026 revenue of $63M-$73M as $17M of product shipments shift amid China-related supply delaysNLIGHT forecasts Q3 2026 revenue between $63M and $73M, with $17M in product shipments shifting due to China-related supply delays. This impacts the company's financial outlook and operations.Seeking Alpha Tech
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