Vanke’s Widening Losses Deepen China Debt Crunch Vanke’s first-half losses widen, exposing strains in the China debt crunch as state-backed developers struggle to reverse the property sector’s prolonged slump. SHANGHAI …
losses
-
Business
Japanese life insurers post ¥30.86 trillion unrealized bond losses as yields rise
by Sato Asahiby Sato AsahiJapan life insurers’ unrealized losses on domestic bonds surge to ¥30.86 trillion Unrealized losses at Japan’s major life insurers jumped 60% year‑on‑year to ¥30.86 trillion by the end of June …
-
Business
Zepto posts 25% higher losses as investors cool amid fierce competition
by Sato Asahiby Sato AsahiZepto posts 25% jump in annual losses as quick-commerce investor appetite cools Zepto posts a 25% jump in FY losses to 59 billion rupees, denting investor enthusiasm amid fierce quick-commerce …
-
Business
India’s state fuel retailers absorb Rs181.5 billion quarterly losses to shield consumers
by Sato Asahiby Sato AsahiIndia fuel retailers report ₹181.49bn losses in June quarter while sales rise India fuel retailers report ₹181.5bn losses in the June quarter as state-run companies shield consumers from the U.S.–Iran …
-
Business
Hybe reports profit after three quarters of losses as BTS returns
by Sato Asahiby Sato AsahiHybe profit returns as BTS reunion drives quarterly turnaround Hybe logged a quarterly profit after three straight quarters of losses as K-pop supergroup BTS returned to full membership, boosting sales …
-
Business
China’s Big Three Airlines Forecast Deeper H1 Losses as Fuel Prices Surge
by Sato Asahiby Sato AsahiChina’s big three airlines brace for deeper H1 losses as fuel costs soar China’s big three airlines—China Southern, Air China and China Eastern—expect deeper H1 losses as soaring jet fuel …
-
Business
Chinese EV makers suffer losses as materials costs squeeze margins, suppliers gain
by Sato Asahiby Sato AsahiChinese EV makers hit by soaring materials costs as suppliers prosper Rising battery and raw-materials costs are pushing Chinese EV makers such as BAIC, Seres and GAC into losses, while …
-
Politics
2025 rice surplus burdens Niigata warehouses as wholesalers warn losses
by Sui Yuitoby Sui Yuito2025 rice surplus piles up in Niigata as private stocks hit decade high Private stocks of 2025 rice reached 2.49 million tons by April, straining warehouses in Niigata and raising …
-
Business
Asia’s financial hubs launch upskilling programs to protect graduates from AI job losses
by Sato Asahiby Sato AsahiAsia’s Financial Hubs Brace for Shrinkage in AI Entry-Level Jobs Cities ramp up training and recruitment changes as AI entry-level jobs decline, with Hong Kong and Singapore focused on reskilling …
-
Business
VinFast names founder’s son Pham Nhat Quan Anh chairman amid mounting losses
by Sato Asahiby Sato AsahiVinFast Appoints Founder’s Son as Chairman as EV Maker Recalibrates Global Expansion VinFast names Pham Nhat Quan Anh chairman as the Nasdaq-listed EV maker recalibrates global expansion amid mounting losses …