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BUSINESSAug 7Japan household spending falls for seventh month , clouding BOJ rate pathJapan's household spending has declined for the seventh consecutive month, which could impact the Bank of Japan's future interest rate decisions. This indicates a challenging economic trend in Japan.investinglive.com
BUSINESSAug 7China's exports jump 23% in July, beating estimates; imports coolChina's exports rose more than expected in July, as global demand for high-tech components continues to absorb the country's manufactured goods.CNBC
BUSINESSAug 7Hong Kong preferred base as Chinese SOEs consolidate overseas accounts in treasury hubsChina’s central state-owned enterprises (SOEs) are consolidating scattered overseas accounts into unified treasury hubs, with Hong Kong emerging as the preferred base amid a broader crackdown on outflows of state cash. Decades of overseas expansion had seen many SOEs build up assets in multiple jurisdictions, leaving cash management fragmented and making it harder for regulators and company headquarters to track liquidity, foreign-exchange risk and cross-border financing, analysts said. Central...South China Morning Post
BUSINESSAug 7Beyond call centres? Philippines reopens Manila for outsourcing edgeThe Philippines is reopening Metro Manila to new outsourcing hubs as it tries to defend its place in the global services market and win more complex work from multinational companies. Officials, industry executives and property analysts say the move could help the country compete for higher-value offshore functions – from software engineering and finance to healthcare documentation, data work and AI-related services – by making more modern, incentive-eligible office space available in the...South China Morning Post
BUSINESSAug 7Next great harbour? China’s Greater Bay Area has tools to be a yacht hub: industry veteranFrom wealth and waterways to manufacturing, the Greater Bay Area possesses the essential ingredients to become an international yacht hub, with the integrated economic and business zone having more to offer than many other regions, according to an industry veteran. Luxury vessels could help unlock demand for the economy, and with its manifold strengths, Hong Kong could make a splash and turn the bay area’s potential into reality, said Paul Brackley, CEO of yachting consultancy Central Yacht and...South China Morning Post
BUSINESSAug 7Sojitz to ramp up Vietnam beef output with Japan - style hygiene controlSojitz plans to increase beef production in Vietnam, incorporating Japanese hygiene standards. This initiative aims to enhance the quality and quantity of beef output in the region.asia.nikkei.com · Japan
BUSINESSAug 7Hong Kong aims to be a global tech hub, but can it hold on to its young talent?At just 18, Hong Kong tech enthusiasts Rexan Wong Chak-chi and Ken Mochizuki are both rushing to deliver their business ideas. However, their choices of launch pad could not be further apart. While Wong is eyeing Silicon Valley in the United States for better support, Mochizuki is keen to stay in the city and contribute to the local community. Their contrasting approaches highlight Hong Kong’s advantages and challenges as it strives to become a global innovation and talent hub under China’s...South China Morning Post
BUSINESSAug 7A 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency marketsThe unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior.CNBC
BUSINESSAug 7Gold’s price potential still ‘explosive’ amid Beijing hoarding, Hong Kong trading pushGold prices have “explosive” upside potential, according to analysts, boding well for Hong Kong’s ambitions as a trading hub as Asian central banks continue to have a voracious appetite for stockpiling bullion. Supporting the outlook, Beijing – which has added to its gold reserve for 20 straight months – wants to better connect the Shanghai Gold Exchange to Hong Kong, and the South Korean central bank plans to buy gold for the first time in 13 years. “Gold remains in an explosive phase of the...South China Morning Post
BUSINESSAug 6From birth to brokerage: Why South Korea is seeing a surge in infant investment accountsSouth Korean babies are turning into mini shareholders, thanks to their parents' investment strategies.CNBC
BUSINESSAug 6US sets 15% polysilicon tariff, price floors to challenge China’s dominanceThe United States has announced new tariffs and price floors on polysilicon and related products, targeting China’s dominance in key materials used in solar panels and semiconductor manufacturing. In a proclamation signed on Thursday, US President Donald Trump imposed a 15 per cent tariff, which will take effect after 120 days, and established a series of price floors to protect domestic manufacturers and curb imports of China-sourced materials. “We’re setting prices so that the Chinese can’t...South China Morning Post
BUSINESSAug 6Beijing Tries Yet Again to Beef Up Household SpendingBeijing is reportedly making renewed efforts to boost household spending. This signifies an ongoing economic policy initiative in China.theepochtimes.com · United States
BUSINESSAug 6Japan’s largest online flea market reminds users that selling used school swimsuits is prohibitedMercari is Japan’s largest online flea market, a place where individual sellers offer an extremely wide range of new and used items. It’s not just collectibles that Mercari…Japan Today
BUSINESSAug 6Argentina renews US$19 billion China currency swap, brushing off Washington’s pressureArgentina has renewed its currency swap with China for five years, preserving a US$19 billion lifeline that Washington spent more than a year pressing it to give up. The Argentine central bank and the People’s Bank of China (PBOC) signed the extension of the 130 billion yuan line on Wednesday, a day before the existing deal was due to expire. The new term runs to 2031, two years longer than any previous renewal since the two countries first signed it in 2009. The decision ends months of...South China Morning Post
BUSINESSAug 6China buys at least 10 more cargoes of US soybeans, traders sayChina has ⁠bought at least another ⁠10 cargoes of US soybeans, three ⁠Asian traders said on Thursday, the latest in a flurry of purchases ahead of President Xi Jinping’s expected US visit next month. State-run buyer Sinograin bought 10 to 15 cargoes on Wednesday, the traders said. At least 10 cargoes were ‌for October-November shipment, one trader said. The deals follow trade talks between Washington and Beijing that, according to the White House, included Chinese commitments to buy 25 million...South China Morning Post
BUSINESSAug 6BofA downplays China’s threat to Micron’s AI businessBank of America is reportedly downplaying the potential threat posed by China to Micron's artificial intelligence business. This suggests an analysis of geopolitical and business competition in the tech sector.Yahoo Finance
BUSINESSAug 6The Rule That Drove the Japanese Yen for Decades Just Broke, Apollo SaysA long-standing rule that influenced the Japanese Yen for decades has reportedly broken, according to Apollo, indicating a significant shift in currency dynamics.Yahoo Finance
BUSINESSAug 6China Imposes Drone Export Curbs , Sanctions US Entities Amid Trade TensionsChina has implemented new restrictions on drone exports and sanctioned several US entities amidst growing trade tensions between the two nations. These measures indicate an escalation in economic disputes.dailypioneer.com · India
BUSINESSAug 6NAPAS , BIDV and Weixin Pay expand cross - border QR payment services between Việt Nam and ChinaNAPAS, BIDV, and Weixin Pay are expanding their cross-border QR payment services between Vietnam and China.vietnamnews.vn · Vietnam
BUSINESSAug 6The changing face of Made in China - Liberia news The New Dawn Liberia , premier resource for latest newsThis article discusses the evolving nature and perception of products labeled as 'Made in China.'thenewdawnliberia.com · Liberia
BUSINESSAug 6China needs a stronger yuan and ‘fiscal boost’ to drive near-term growth: Goldman SachsChina should let its currency appreciate gradually to safeguard against foreign protectionist moves and boost spending to support domestic demand to meet its economic growth targets, according to Goldman Sachs economists. Data in the first half of 2026 continued to paint a picture of a bifurcated Chinese economy – with weak domestic demand and strong exports – which has led to a renewed debate over whether policies to support demand or nominal currency appreciation are the right response,...South China Morning Post
BUSINESSAug 6Japan says defense spending can boost economy , prosperityJapan has stated that increased defense spending has the potential to stimulate its economy and enhance national prosperity. This highlights a government perspective on the economic benefits of defense investment.mainemirror.com · United States
BUSINESSAug 6Climate change squeezes Malaysian durian growers as they chase China booming marketClimate change is negatively impacting Malaysian durian growers, who are trying to capitalize on the growing Chinese market. This highlights the challenges climate change poses to agriculture and international trade.niagarafallsreview.ca · Canada
BUSINESSAug 6Hong Kong stock regulator flags more companies for share concentrationHong Kong’s securities regulator has put a spotlight on highly concentrated shareholding this year, a move interpreted by market analysts as a warning about sharp price swings on small-cap stocks. As of August, the Securities and Futures Commission (SFC) had mentioned 13 cases of high shareholding concentration on the Hong Kong stock exchange, compared with 15 for the whole of last year. The figures marked a 30 per cent rise from 2024 and a twelvefold jump from 2023. For example, the controlling...South China Morning Post