Japan’s machine tool orders rose 64.7% year on year to ¥197.88 billion in August. Overseas orders reached ¥146.347 billion, a record monthly high in JMTBA’s statistics, but total orders remained below the June record of ¥203.5 billion. Mainland machine tool stocks including Haitian Precision and Neway CNC are benefiting from an industry recovery and demand from AI and robotics.
Sep 16, 2026
More than 700 suspected credit card fraud cases involving Apple’s iPhone 18 Pro pre-orders have been reported, with about HK$14.7 million in transactions recorded over two days. Police and the Hong Kong Monetary Authority are involved, while Apple Hong Kong says it is reviewing the orders.
Sep 15, 2026
Dutch TTF gas futures surged above €83 per megawatt-hour on Monday, hitting a three-year high as military conflict in the Gulf disrupted Qatar’s LNG supply and Saudi Arabia’s oil export routes. Europe’s gas storage level of just 68 per cent has further clouded the supply outlook.
Sep 15, 2026
In August, China's top ten best-selling passenger vehicles were all new-energy models, highlighting a shift as gasoline cars increasingly target export markets due to domestic fuel price hikes.
Gary zhou
Sep 09, 2026
Tesla's Cybercab is under a safety audit by US regulators, challenging assumptions about foreign car scrutiny, while automakers seek a ban on Chinese connected vehicles.
Gary zhou
Sep 06, 2026
Xi Jinping plans to lead a significant Chinese business delegation to Washington, echoing a 2015 visit. This move signals potential shifts in US-China economic diplomacy amid ongoing trade tensions.
Gary zhou
Sep 06, 2026
China's Anti-Foreign Sanctions Law is unintentionally disrupting rare earth exports to the US, complicating trade relations ahead of a high-profile summit with Washington.
Gary zhou
Sep 06, 2026
Chinese commercial banks are increasing their US Treasury holdings, diverging from China's official trend, while Norway's sovereign wealth fund reduces its Treasury exposure, opting for higher-yielding assets.
Gary zhou
Sep 06, 2026
BYD's overseas sales surpassed domestic revenue for the first time, reaching 53% of total revenue. New Chinese regulations may impact future expansion, as investors weigh regulatory risks against export growth.
Gary zhou
Sep 05, 2026
Chinese banks saw minimal profit growth in early 2026, yet their stocks hit record highs due to rising margins and record dividends, signalling a sector-wide sentiment shift.
Gary zhou
Sep 04, 2026
Foreign visitors in China spent 263.6 billion yuan from January to July, up 28% from last year, with a shift towards smaller, frequent purchases due to simplified tax refunds and payment methods.
Gary zhou
Sep 04, 2026
The US has imposed a 50% tariff ceiling on Canadian imports, affecting the automotive industry. Toyota and Honda face significant challenges, while Canada retaliates with its own tariffs.
Gary zhou
Sep 04, 2026
China's largest state-owned banks added over 6 trillion yuan in time deposits in early 2026, despite record low interest rates, highlighting a trend of deposit rollover and stabilised net interest margins.
Gary zhou
Sep 03, 2026
Hong Kong tycoons Li Ka-shing and Lee Shau-kee pledged millions to aid victims of the Nepal-Tibet border floods, joining a wave of institutional donations from Hong Kong and Macau.
Gary zhou
Sep 03, 2026
Nepal's tourism minister uses social media to encourage visitors after floods devastate the country, threatening a vital industry that supports over a million jobs and contributes significantly to the economy.
Gary zhou
Sep 03, 2026
The Bank of Canada has maintained its benchmark rate at 2.25%, citing economic uncertainties from U.S. tariffs and Middle East tensions, while monitoring inflation risks and economic growth.
Gary zhou
Sep 03, 2026
Oil refiners informed Trump that increasing refining capacity quickly is unfeasible, as global tensions and refinery constraints drive up fuel prices, impacting households and economies worldwide.
Gary zhou
Sep 03, 2026
The US Treasury's yen intervention in July was only $500 million, contrary to expectations of $5-10 billion. This modest action raises questions about transparency and the Treasury's strategic intentions.
Gary zhou
Sep 03, 2026
The Dutch central bank has moved 86 tons of gold from New York and Ottawa to London, enhancing its ability to sell quickly in a crisis. This strategic relocation aims to improve tradability.
Gary zhou
Sep 03, 2026
China's solar capacity has surpassed coal for the first time, despite a significant slowdown in new solar installations and increased power curtailment, highlighting challenges in the renewable energy sector.
Gary zhou
Sep 02, 2026
A leaked system prompt for Anthropic's Claude Fable 5.1 has sparked debate over character count discrepancies and privacy concerns, though no user data exposure has been confirmed.
Gary zhou
Sep 02, 2026
US forces targeted Iranian sites, prompting retaliatory strikes on American-linked locations in the Middle East. The exchange marks an escalation in ongoing tensions, affecting global oil prices.
Gary zhou
Sep 02, 2026
China's top airlines are projected to face significant losses by 2026 due to rising fuel costs and limited fare increases, despite hopes for a rebound in international travel.
Gary zhou
Sep 02, 2026
The FTC and 22 state attorneys general have sued Amazon, alleging it rigged ad auctions to overcharge advertisers by $20 billion since 2019. Amazon denies the claims, calling the lawsuit misguided.
Gary zhou
Sep 01, 2026
Xi Jinping embarks on a significant foreign tour, attending key summits in Kyrgyzstan and Egypt, before a crucial meeting with Donald Trump in Washington to discuss US-China relations.
Gary zhou
Sep 01, 2026
The Pentagon's GenAI.mil hub now includes ChatGPT Mil and Grok for Government, expanding AI options for over 3 million users, while Anthropic's Claude remains excluded due to legal disputes.
Gary zhou
Sep 01, 2026
Donald Trump praised China's restraint during the Strait of Hormuz closure, as US sanctions target smaller Hong Kong firms instead of major Chinese banks, ahead of Xi Jinping's Washington visit.
Gary zhou
Sep 01, 2026
Donald Trump criticised Americans opposing data centre construction, warning they risk becoming 'backwards and poor'. His comments follow a report showing significant Republican voter backlash against such projects.
Gary zhou
Sep 01, 2026
The yen has fallen below 160 to the dollar, erasing gains from a record US-Japan currency intervention. Despite the intervention, further action seems unlikely as the yen's slide continues.
Gary zhou
Sep 01, 2026
China's foreign ministry rebuffs US Treasury Secretary's call for G20 pressure on Beijing's trade surplus, advocating for consultation instead. The exchange occurs ahead of President Xi's US visit.
Gary zhou
Sep 01, 2026
