Japanese automotive giant Toyota announced on Wednesday that it had raised its operating income and net profit forecasts for the current fiscal year, despite the ongoing impact of US tariffs. “Despite the impact of US tariffs, we have continued to build upon our improvement efforts, such as increasing sales volume, improving costs, and expanding value […]

Hong Kong authorities have frozen assets worth HK$2.75 billion (approximately $354 million) believed to be proceeds of crime connected to a Cambodian conglomerate whose founder is accused of operating forced labour camps, police announced. The action follows a US Justice Department indictment unsealed last month against Chen Zhi, the founder of Prince Holding Group, which […]

China announced on Wednesday that it would extend the suspension of additional tariffs on American goods for one year, formalising an agreement reached last week between Presidents Xi Jinping and Donald Trump. The two leaders met in South Korea at the end of October, effectively agreeing to extend a delicate trade truce for a further […]

German carmaker BMW reported on Wednesday a notable rise in profitability in the third quarter, despite facing challenges from slowing Chinese sales and trade tariffs. The premium manufacturer posted an operating profit margin of 5.2 percent in its automotive division for the July–September period, up from 2.3 percent in the same period last year—a key […]

Industries Adviser Adilur Rahman Khan on Wednesday inaugurated the launch of Atlas Electric Scooters, describing the eco-friendly vehicles as a significant step towards building green, clean, and sustainable cities. He highlighted the role these scooters will play in providing affordable and convenient transportation, particularly for young people and the wider public. “This innovation will reduce […]

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has announced a 17% year-on-year (YoY) rise in net profit, reaching $562.4 million (VND 14.8 trillion) for the first nine months of 2025. The bank attributes this strong performance to efficient operations, reporting a return on equity (ROE) of 25.2% and a return on assets […]

Asian markets fluctuated on Tuesday as investors assessed the impact of Wall Street’s latest technology rally amid growing concerns that a speculative bubble may be forming, while mixed messages from US Federal Reserve officials heightened uncertainty over the central bank’s next interest rate move. A surge of multi-billion-dollar investment into artificial intelligence has driven much […]

As open enrolment season approaches, now is the perfect opportunity to review your health insurance options for 2026. Whether you are selecting a plan through Medicare, your employer, or the Affordable Care Act (ACA) Marketplace, taking a little time to prepare can help you make an informed and confident decision—without unnecessary stress. “Health insurance terminology […]

The chairman of UBS Group AG, Colm Kelleher, has voiced serious concerns over growing vulnerabilities in the United States insurance industry, pointing to weak and overly complex regulatory frameworks amid a sharp rise in private debt investments. Speaking at the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit on Tuesday, Kelleher cautioned that the […]

Most Asian stock markets advanced on Monday, buoyed by continued investor optimism following a strong finish to last week and a renewed surge in technology shares driven by artificial intelligence gains on Wall Street. Traders returned from the weekend in an upbeat mood, encouraged by a string of positive developments that closed October — including […]