BYD Racco kei minicar debuts in Tokyo to challenge Japan’s domestic mini-car market BYD launches the Racco kei minicar in Tokyo July 28, bringing an attractively priced electric city car …
Business
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Business
Australia to study first new fuel refinery since 1960s amid Iran tensions
by Sato Asahiby Sato AsahiAustralia to study building a new fuel refinery in Karratha amid diesel price shock Australia will probe building a new fuel refinery in Karratha to shore up diesel supplies as …
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China debt crunch leaves banks holding $9.4tn in excess deposits, squeezing credit growth Banks in China are holding $9.4 trillion more in deposits than loans, as a build-up of cash …
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Business
China rebuts overcapacity claims as commerce ministry rebrands China Shock 2.0
by Sato Asahiby Sato AsahiChina Rebuts Overcapacity Claims as U.S. and EU Prepare New Trade Curbs China rebuffs overcapacity claims as Washington and Brussels ready tariffs; Beijing frames the challenge as an innovation opportunity …
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Business
Japan and South Korea stocks plunge after Wall Street tech sell-off
by Sato Asahiby Sato AsahiAsian markets tumble as tech sell-off drags Tokyo, Seoul and Taipei lower Asian markets slid on July 28 after a Wall Street tech sell-off, pulling Tokyo, Seoul and Taipei down …
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Kumamoto earthquake magnitude 7.1 strikes, registers maximum intensity as TSMC assesses situation
by Sato Asahiby Sato AsahiKumamoto earthquake: Magnitude 7.1 quake registers maximum intensity 7 in Kyushu Kumamoto earthquake: A magnitude 7.1 quake struck Kyushu on July 28, 2026, registering intensity 7. Authorities and TSMC are …
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Business
Hong Kong cross-border shopping surges as residents seek bargains and superior service
by Sato Asahiby Sato AsahiHong Kong border crossings surge as residents flock to Shenzhen for bargains and services Hong Kong border crossings to Shenzhen surge as residents seek lower prices and quicker services; retailers …
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Business
BYD launches Racco electric kei minicar in Japan challenging domestic automakers
by Sato Asahiby Sato AsahiBYD kei minicar Racco launches in Japan, challenging domestic kei-car dominance BYD kei minicar Racco goes on sale in Japan on July 28, marking the Chinese automaker’s push into the …
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Business
Bangladesh LNG terminal outage forces manufacturers to slash production up to 40%
by Sato Asahiby Sato AsahiMoheshkhali LNG outage forces Bangladesh factories to cut output by up to 40% Outage at Moheshkhali LNG terminal cuts about 17 million m³/day from the national grid, forcing widespread factory …
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Business
Semiconductor supplier AT&S expands Malaysia operations as AI demand outstrips substrate capacity
by Sato Asahiby Sato AsahiAT&S Expansion in Malaysia Aims to Ease Semiconductor Substrate Shortage AT&S pledges up to €2 billion to expand Kulim substrate capacity as AI chip demand deepens the semiconductor substrate shortage …