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BUSINESSAug 4Japan economy minister says pass - through of costs limited so farJapan's economy minister has stated that the pass-through of costs has been limited to date. This provides an update on economic conditions in Japan.933thedrive.com · United States
BUSINESSAug 4Will the US Cavalry be able to ride to the rescue of the Japanese Yen ? This article speculates on the potential for U.S. intervention to support the Japanese Yen. It discusses possible financial market actions and their international implications.investmentwatchblog.com · United States
BUSINESSAug 4Why are Hong Kong delivery drivers unhappy about proposed payouts for injuries?Hong Kong delivery rider Raj Bhattarai* felt the pain – both physically and financially – after a vehicle rear-ended his motorcycle on the job about a year ago. Bhattarai, who is in his forties, spent a month on sick leave with a back injury and waited 10 months before he received compensation for the accident. The payout was a paltry HK$3,000 (US$382). “It is not enough at all,” said the father of one young child and the family’s sole breadwinner. “I used to earn around HK$30,000 a month, but I...South China Morning Post
BUSINESSAug 4China cements global shipbuilding lead as vessel orders surge , marine economy gains pace in H1China is strengthening its global leadership in shipbuilding due to a surge in vessel orders and growth in its marine economy during the first half of the year. This signifies significant economic and industrial development.hellenicshippingnews.com · China
BUSINESSAug 4South Korea inflation cools to three - month low , but risks remainSouth Korea's inflation rate has decreased to a three-month low, indicating a potential cooling of the economy. However, the report also suggests that economic risks persist despite this positive trend.finance.yahoo.com · United States
BUSINESSAug 4South Korea tightens grip on high-risk ETFs as investor losses mountSouth Korea’s financial authorities are weighing tighter curbs on high-risk leveraged exchange-traded funds (ETFs) as part of broader efforts to stabilise the country’s notoriously volatile stock market, which has left many investors with heavy losses and mounting debt. The proposals could include giving regulators the power to reduce the leverage ratio of single-stock ETFs and raising the minimum investment requirement to discourage inexperienced retail investors from taking excessive risks,...South China Morning Post
BUSINESSAug 3CNBC's The China Connection newsletter: AI wins come with an old investor riskFrom a surprise yuan devaluation in 2015 to crackdowns in recent years, many of Beijing's policy moves appear abrupt to outsiders.CNBC
BUSINESSAug 3Matson projects Q3 ocean transportation operating income to be about 45% higher year over year, supported by near-capacity China serviceMatson projects a significant increase in its Q3 ocean transportation operating income compared to the previous year. This growth is attributed to strong demand and near-capacity service for China routes.Seeking Alpha Tech
BUSINESSAug 3Indonesia , Thailand target US$20 billion bilateral trade by 2030Indonesia and Thailand are aiming to achieve a bilateral trade volume of US$20 billion by the year 2030. This initiative signifies a joint effort to strengthen economic ties and expand trade between the two countries.en.antaranews.com · Indonesia
BUSINESSAug 3US companies cut reliance on China for critical minerals in weaponsUS companies are reducing their dependence on China for critical minerals essential for weapons production, signaling a strategic supply chain shift.baltimoresun.com · United States
BUSINESSAug 3Why the US Bought Japan Weak Currency And Why It Wont Work in Long RunAn analysis questions the long-term effectiveness of the United States' strategy to acquire Japan's weak currency.newsweek.com · United States
BUSINESSAug 3Vietnam s registered FDI jumps 58 per cent in first seven monthsVietnam's registered foreign direct investment experienced a substantial increase in the first seven months of the year. This indicates significant economic growth and investor confidence in the country.vir.com.vn · Vietnam
BUSINESSAug 3Vietnam sees record capital inflows alongside sharp rise in business closuresVietnam is experiencing a dichotomy of economic trends, with record capital inflows occurring simultaneously with a sharp increase in business closures. This indicates a complex economic environment with both growth and underlying challenges.vir.com.vn · Vietnam
BUSINESSAug 3After Blockbuster IPO , China Memory Giant CXMT Plans Second Chip Plant In BeijingChinese memory manufacturer CXMT is planning a second chip plant in Beijing following a successful IPO. This indicates significant expansion in the technology and manufacturing sector.zerohedge.com · United States
BUSINESSAug 3Semiconductor stocks sink over fears of increased competition from ChinaYahoo Finance
BUSINESSAug 3Nikkei 225 Falls as Stronger Yen From Rare Joint US - Japan Currency Intervention Hits Exporter SharesThe Nikkei 225 stock index fell due to a stronger yen, which resulted from a rare joint US-Japan currency intervention, negatively impacting exporter shares. This event highlights the direct influence of currency interventions on global markets and specific economic sectors.ibtimes.com.au · Australia
BUSINESSAug 3Japan Nissan sees profit for latest quarter but warns of Middle East and China woesNissan in Japan reported a profit for its recent quarter but issued warnings about challenges in the Middle East and China. This indicates the company's current financial performance and its concerns about future market conditions.sitkasentinel.com · United States
BUSINESSAug 3The US has helped pull Japan’s yen out of a 40-year low. Why?Only days ago, the Japanese yen’s descent showed no signs of stopping, having already dropped to a 40-year low. But by Monday morning – after a rare intervention on the currency’s behalf by Tokyo and Washington – it surged as high as 155.23 per US dollar, its strongest level since early May, according to Chinese financial data provider Wind. The joint action took on an extra layer of intrigue after a Reuters photograph revealed that a “to-do” list from US Treasury Secretary Scott Bessent during...South China Morning Post
BUSINESSAug 3US dollar weakens sharply against the Japanese yen : NPRThe US dollar has significantly declined in value compared to the Japanese yen. This indicates a notable shift in international currency exchange rates.npr.org · United States
BUSINESSAug 3CXMT plans second Beijing DRAM plant as China boosts chip capacity - reportSeeking Alpha Tech
BUSINESSAug 3China acknowledges ‘temperature gap’ between tech boom and traditional slumpA top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China’s booming AI sector and its struggling traditional industries. And while arguing that this divergence was not unique to China, the Qiushi Journal stressed that rapid technological advances must not leave ordinary citizens behind. In a commentary published on its website on Sunday, the journal conceded that there was an obvious “gap in temperature” in the world’s second-largest...South China Morning Post
BUSINESSAug 3Hong Kong’s Chinese bond futures are a major step for the global yuanOn August 3, five-year Chinese treasury bond futures began trading on the Hong Kong stock exchange. Market attention has focused on the new product, but its real significance emerges when set against the deep shifts under way in the international monetary system. History offers a clear lesson: no currency has graduated from a trade settlement currency to a genuine investment and reserve currency on the strength of trade flows alone. Behind every reserve currency stands a government bond market...South China Morning Post
BUSINESSAug 3Exclusive-CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayCXMT is reportedly planning a second chip manufacturing plant in Beijing and is currently discussing its funding. This development signifies a major expansion in the semiconductor industry.Yahoo Finance
BUSINESSAug 3US and Japan take action to prop up yen in rare joint moveBoth countries have said that they will not hesitate to conduct joint interventions in the future.BBC World