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Chinese industrial firms saw their highest earnings surge in nearly two years last month, as production revved up while declines in factory-gate prices eased amid a government campaign to rein in excess capacity. Industrial profits climbed for the second straight month in September, rising 21.6 per cent from a year earlier, their biggest gain since…
A silent change is taking place in the civil war in the northern hills of Myanmar. After being beaten and discouraged, the coup-installed military junta is regaining control over lost territory. And China seems to be a driving force behind this recovery. Let’s begin with Kyaukme. The Ta’ang National Liberation Army (TNLA) rebel group captured…
Japanese sushi legend Jiro Ono won three Michelin stars for more than a decade, the world’s oldest head chef to do so. He has served the world’s dignitaries and his art of sushi was featured in an award-winning film. After all these achievements and at the age of 100, he is not ready to fully…
Advanced manufacturing and the provision of services and entertainment – including pet and aged care and the production of short dramas – are powering pockets of growth in an otherwise sluggish Chinese job market, according to data from an online recruitment platform. A report looking at third-quarter employment trends published this week by the platform,…
Diplomacy, when stripped of ceremony and handshakes, is really about leverage. And this week in Kuala Lumpur, Donald Trump appears to have rediscovered the old craft of using pressure to invite cooperation. The US President, now again playing the role of negotiator-in-chief, began his week-long diplomacy tour with ASEAN nations amid high expectations — and…
Antibody-drug conjugates (ADC), a fast-growing next-generation cancer treatment, have become an investment hotspot due to its potential to become mainstream globally, according to biopharmaceutical industry insiders. To achieve sustainable growth and maximise revenue potential, companies should pursue differentiated product development and a global clinical strategy, according to Duality Biotherapeutics, which organised a biotech forum in…
Vietnam has reportedly signed its largest-ever arms deal with Russia, a US$8 billion move that by any assessment marks a clear steer away from Washington’s orbit. According to a recent New York Times investigation, “Vietnam and Russia have reinvigorated their military and political relationship.” The report reveals Hanoi’s secret purchases of Russian weapons and the…
Challenges from commercial property credit quality will persist for Hong Kong banks next year, though these may be balanced by prospects in capital markets and yuan business, according to the head of the city’s de facto central bank. “The Hong Kong Monetary Authority will continue to monitor the credit quality of the property sector, which…
The United States and China have reached a tentative framework to avert a renewed escalation in their long-running trade dispute, with both sides signaling readiness for compromise ahead of a planned meeting between the two countries’ top leaders. US President Donald Trump and Chinese President Xi Jinping will meet face-to-face on the sidelines of the…
Argentina’s President Javier Milei has hailed his party’s runaway victory in Sunday’s midterm elections as a “turning point” for the country and vowed to charge ahead with his agenda of shrinking the state and deregulating the economy. Milei’s La Libertad Avanza (LLA) party rebounded from a series of setbacks to win 40.7 per cent of…
