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9/7
01:08
Secretary for Financial Services and the Treasury Christopher Hui announced on Monday that the new initiative aims to turn green technologies into investable and scalable projects. He stated the program addresses a critical bottleneck by providing systematic pre-finance support and project structuring, tackling the shortage of investment-ready green projects.
01:02
Samsung stated that the recruitment will commence on Tuesday, with applications closing on September 15. Participating subsidiaries include Samsung Electronics, Samsung C&T, Samsung Biologics, Samsung Bioepis, Samsung Display, Samsung SDI, Samsung SDS, Samsung Heavy Industries, Hotel Shilla, and Cheil Worldwide, among others.
01:01
Palm oil prices rose as traders weighed the risk of supply disruptions from forest fires raging across Indonesia, the world’s biggest producer.
00:35
Philippine Defense Secretary Gilberto Teodoro stated on Monday that Beijing might view the recent scaling back of joint US-South Korea military exercises as an opportunity to reassert pressure in the Asia-Pacific region, adding that China is "very good at exploiting loopholes." He further noted that Washington has given Manila "clear assurances" that the US commitment to the Philippines remains unchanged. This follows an order from US President Donald Trump to "substantially reduce" annual military drills, which led to the US and South Korea shortening the duration of their exercises and reducing field training last month.
00:06
Spiraling natural gas prices and rising political risks are accelerating a sell-off in European bond markets, making it the most intense among major economies in recent weeks.
00:02
The non-profit platform, rolled out on Monday with backing from HSBC, Asian Infrastructure Development Bank, and Silk Road Fund, aims to help emerging markets upgrade technology and shift from oil and coal to renewable energy by channeling private capital into feasibility studies and due diligence for green projects.
9/6
23:56
Emerging-market equities rallied at the start of the week as optimism over new AI models boosted heavyweight tech stocks, helping counter the drag on sentiment from higher oil prices.
23:52
Iron ore prices broke above $100 a ton for the first time in seven weeks, driven by traders unwinding positions that favored coking coal. The rally was further supported by expectations of pre-holiday restocking in China and high freight costs.
23:46
Hong Kong Chief Secretary for Administration Eric Chan said on Monday at the "Philanthropy for a Better City Forum" that the government is fully committed to developing Hong Kong into a global philanthropic hub. He noted that over 400 new charitable organizations were established in Hong Kong last year, bringing the total to more than 11,000 tax-exempt charities, with approved donations exceeding US$1.5 billion in the 2024/25 assessment year. Chan emphasized that Hong Kong's simple and transparent tax system lays the foundation for the city as a global business and philanthropic center. He also mentioned that Hong Kong currently has over 3,300 single family offices, a 25% increase in two years, with total assets under management reaching US$5.4 trillion last year, more than half of which came from overseas investors.
23:35
Hong Kong Financial Secretary Paul Chan stated on Monday that global investors and startups should consider establishing a foothold in the Greater Bay Area, citing its unique strengths in finance and innovation. Speaking at the inaugural Co-Development and Investment Conference, Chan highlighted that the technology sector's share of turnover on the Hong Kong bourse has risen from 15% to 47% over the past decade, with overall turnover growing more than eightfold.
23:21
Goldman Sachs' research report indicates that offshore "soft tech" / internet companies' Q2 earnings were slightly below expectations, with the nine major internet companies tracked by Goldman Sachs experiencing a 13% year-over-year decline in Q2 earnings. However, the firm believes that earnings growth is bottoming out, with market consensus expecting Q3 earnings growth to turn positive to +17%, further accelerating to +25% in Q4. Key factors supporting the recovery include a slowdown in food delivery subsidy competition, new revenue streams from AI and cloud monetization, and the sustained cash-generating capability of e-commerce businesses.
23:21
Goldman Sachs research indicates that China's AI profit pool is increasingly concentrating in hardware, particularly semiconductors. In Q2 2026, the Chinese semiconductor sector's profits surged by approximately 150% quarter-on-quarter to $23 billion, accounting for 42% of China's total AI profits, up from just 25% in Q1. Memory chips are a key driver, with domestic memory leaders now holding 13% of global memory profits. Furthermore, China's global profit share in power, AI infrastructure, and physical AI also increased quarter-on-quarter in Q2.
23:21
Goldman Sachs' latest research report indicates that as the Q2 2026 earnings season concludes, the earnings growth of Chinese listed companies has reached a five-year high. Specifically, net profit increased by 14% year-on-year in the first half of 2026 (in RMB terms), with Q2 earnings growing by 24% year-on-year, marking the highest single-quarter growth in nearly five years, a significant jump from 6% in Q1. Private enterprises and the "New China" sector saw earnings grow by 36% and 62% year-on-year, respectively, significantly outperforming state-owned enterprises and the "Traditional China" sector. A-shares continued to dominate earnings growth, with profits on the STAR Market and ChiNext increasing by 102% and 44% year-on-year, respectively.
23:13
Hong Kong's Hang Seng Index opened Monday morning up 2 points (0.01%) at 25652 points before quickly turning lower, falling by as much as 239 points in early trading. The Hang Seng Tech Index opened down 11 points (0.26%) at 4558 points, and the Hang Seng China Enterprises Index fell 6 points (0.08%) to 8548 points. Asian stock markets opened mixed, as a strong US jobs report was seen as positive for global growth but also intensified market concerns about the Federal Reserve raising interest rates. Meanwhile, oil prices rose after the US and Iran attacked ships in the Gulf region, with Brent crude up 0.2% to $96.45/barrel and US crude up 0.4% to $91.85/barrel, further pushing up inflation expectations. The market widely expects the European Central Bank to raise interest rates to 2.75% on Thursday, and the futures market also suggests a 75% probability that the Federal Reserve will raise rates again to 3% by December.
22:59
Australian Communications Minister Anika Wells stated that the move aims to give users greater control over their information flow to counter algorithm-driven online harms, and requires companies like Meta to assume a digital duty of care.
22:51
Malaysia's bonds attracted a record $3.9 billion in August, driven by optimism over the artificial intelligence boom's impact on the Southeast Asian economy.
22:37
Harmony stated that it will help validators transition to its proposed new initiative, a "remix economy" related to AI video creators.
22:35
Executives from SenseTime told the South China Morning Post that the company achieved profitability by focusing on helping clients complete enterprise tasks with generative AI, rather than blindly chasing model size.
22:25
The move comes as Rahman engages in a striking expansion of Bangladesh's diplomatic relations, while also downplaying ties with India.
22:14
Goldman Sachs Group Inc. economists stated that China's recent overhaul of the way homes are sold is expected to exacerbate already stretched local government finances, fueling a 30% drop in land sale revenues.

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