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BUSINESS2d ago'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoilSingapore is a bastion of safety amid global turmoil, according to the CEO of DBS.CNBC
BUSINESS2d agoChinese stocks an undervalued opportunity, says Charlie Munger discipleShares in Chinese companies present better opportunities today than at other times, a disciple of legendary investor Charlie Munger said in a rare reflection on the world’s second-largest economy amid tensions with the US and the ongoing artificial intelligence race. The comments by Li Lu, Chinese-American founder and chairman of Seattle-based value investment firm Himalaya Capital, came amid divergence between the markets on opposite sides of the Pacific. While stock markets in China and Hong...South China Morning Post
SCI & TECH2d agoChina Mobile triples capacity at mega Inner Mongolia computing hub amid nation’s AI pushChina Mobile, one of the country’s state-backed telecoms giants, has tripled the capacity of its largest intelligent computing hub in northern Inner Mongolia, amid Beijing’s push to boost digital infrastructure to power the country’s artificial intelligence ambitions. The expansion of its data centre in Hohhot was recently completed, with total processing capacity increased to 20,100 petaflops, according to a report by Inner Mongolia Daily on Monday. That was triple its previous capacity of...South China Morning Post
BUSINESS2d agoChina keeps extending the Shenzhen Apec deadline. Why are US execs so unenthused?Some senior American executives are lukewarm about attending the Asia-Pacific Economic Cooperation summit and related business events in Shenzhen next month, according to people familiar with the matter. They cited limited scheduling details, few expected breakthroughs and a lack of opportunity for meaningful engagement. Beijing has invited multiple US business leaders – particularly those who joined President Donald Trump’s May trip to China and later attended the White House state dinner for...South China Morning Post
BUSINESS2d agoSingapore PM Wong rejects weaker currency as shortcut to competitivenessSingapore Prime Minister Lawrence Wong pushed back against the idea of weakening the city-state's currency to boost competitiveness.CNBC
BUSINESS2d ago‘Everyone wants to make history’: revamped Huanggang Port opens to brisk businessHong Kong travel agencies and border shops have capitalised on the opening of the revamped Huanggang Port as thousands of visitors poured through the control point, with special tours on offer and shopkeepers reporting brisk business. Agents said the port’s 24-hour joint clearance arrangements could give cross-border tourism a major boost, although crowd control measures dampened trade at the checkpoint entrance. Tour groups organised by Hong Kong travel agency Big Line Holiday were among the...South China Morning Post
SCI & TECH2d agoChina faces uphill battle to wean tech firms off Nvidia chipsThe country’s tech giants are snapping up products never designed to power advanced AI to satisfy soaring computing demandsFinancial Times
WORLD2d agoA new museum in Philippines tells a tale of life on the seaMANILA - Without Filipino sailors, much of the world’s merchant shipping would come to a standstill and the world economy along with it.nation_pk · pakistan
POLITICS2d agoOsaka Station Front "Exclusion Art" Controversy - A Political Scientist's Thoughts on the Nature of Public SpaceA controversy regarding "Exclusion Art" in front of Osaka Station is discussed by a political scientist, prompting thoughts on the nature of public space. This issue highlights debates over urban design and accessibility in public areas.Asahi Shimbun
POLITICS2d agoExclusionary art" or safety measure? The block debate in front of Osaka Station questions public space.A debate is ongoing in front of Osaka Station concerning whether a block installation is "exclusionary art" or a safety measure, raising questions about the nature of public space. This highlights discussions on urban planning and accessibility in public areas.Asahi Shimbun
BUSINESS2d agoChina finance minister to deliver opening speech at Apec meeting in Hong KongChina’s finance minister, Lan Foan, will deliver a keynote speech, while presentations by three prominent financial institutions will be among the highlights of next week’s Apec meeting in Hong Kong, the South China Morning Post has learned. A draft agenda obtained by the SCMP on Monday listed a series of programmes for finance ministers from the Asia-Pacific Economic Cooperation’s 21 member economies on October 20 and 21 at the Hong Kong Convention and Exhibition Centre in Wan Chai. Sources...South China Morning Post
POLITICS2d agoWhy doesn't the United States appoint career diplomats as ambassadors, as Japan and many other countries do?Japan Today
SCI & TECH2d agoFrom laser shields to iPhone detectors: inside China’s booming secrecy industryA group of Chinese officials are in the middle of a highly sensitive meeting involving critical decisions yet to be made behind closed doors, with documents stamped “classified” spread across the table. Suddenly, an invisible laser beams into the room, sweeping across a glass window and allowing the contents of the meeting to be transmitted elsewhere. China’s Ministry of State Security laid out this seemingly futuristic scenario six months ago, warning government departments and other entities...South China Morning Post
WORLD2d agoDon’t leave Asia’s ageing debate until it’s too lateLast month, Japan’s internal affairs ministry released its yearly data ahead of Respect for the Aged Day. People aged 65 and over now make up a record 29.6 per cent of the population. But the figure I keep coming back to was this: 9.43 million Japanese workers were 65 or older last year, about 13.8 per cent of everyone with a job. Members of Japan’s older population are not simply retired. A large part are still at work and some of those people are the ones businesses depend on. The Asia-Pacific...South China Morning Post
WORLD2d agoShibuya viewPeople view crowds of pedestrians from the windows of the iconic Starbucks building as they wait at the famous pedestrian crossing in Shibuya, Tokyo, on Monday.Japan Today
BUSINESS2d agoParis Motor Show kicks off as China-EU rivalry heats upThe biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announced a deal with China to limit the imports of hybrids. France 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.France 24 [en]
BUSINESS2d agoBitdeer AI enters into eight-year agreement for A103 data center in MalaysiaBitdeer AI has signed an eight-year agreement for a data center in Malaysia. This marks a significant business expansion for the company in the technology sector.Seeking Alpha Tech
BUSINESS2d agoSeadrill secures $420M Indonesia rig award, extends work in Malaysia and AngolaSeadrill has secured a $420 million rig award in Indonesia and extended its operations in Malaysia and Angola. This matters as it reflects significant new business and continued operations for the company in the energy sector.Seeking Alpha Tech
HEALTH2d agoIndonesia considers flavor restrictions for tobacco and nicotine productsIndonesia is deliberating new regulations that would restrict flavored tobacco and nicotine products. This matters as such a policy could impact public health, particularly among younger populations, and the tobacco industry in the region.Seeking Alpha Tech
POLITICS2d agoWolf Warriors in Sheep’s Clothing: China’s New Subnational Diplomacy in AustraliaBeijing’s diplomatic officials are adopting the language of the Albanese government to press their demands upon local governments and communities.The Diplomat
BUSINESS2d agoLuxury letdown: LVMH misses organic sales expectations due to China weaknessLVMH has fallen short of its organic sales expectations, primarily attributed to weakness in the China market. This indicates challenges for the luxury goods sector and broader economic conditions in China.Seeking Alpha Tech
WORLD2d agoNaruto returns with a new story from its original creator: what is known about the manga and the animated series being preparedMasashi Kishimoto will return to work on the universe that made him one of the most famous Japanese authors in the world. The announcement also includes a four-episode production, the details of which are unknown.Clarín
POLITICS2d agoHong Kong can boost regional prosperity through ‘soft connectivity’, adviser saysHong Kong’s institutional advantages and close ties with mainland China and the wider world can contribute to the Asia-Pacific region’s prosperity, a key adviser to the city’s leader has told a conference. Stephen Wong Yuen-shan, head of the Chief Executive’s Policy Unit, said on Monday that Hong Kong was transforming itself into the region’s institutional “harbour” – where trade from regional markets could converge and take advantage of the city’s “soft connectivity” advantages. He said such...South China Morning Post
BUSINESS2d agoEU-China trade deal raises fears Brussels will go soft on BeijingThe EU's new trade deal with China has eased fears of an escalating trade war, but it could also weaken the political momentum behind Brussels' plans to take a tougher stance against Beijing's economic practices.EuroNews [en]
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