A Japanese Consortium Acquires Major Tokyo Skyscraper Stake in Landmark Deal Valued at 230 Billion Yen

TOKYO – A significant transaction has reshaped the Tokyo real estate landscape as a Japanese consortium, spearheaded by prominent property developer Hulic, has secured a substantial portion of the Pacific…

Vietnam and Russia Forge Deeper Energy Ties Amidst Shifting Geopolitical Sands

HANOI — Vietnamese President To Lam and Russian President Vladimir Putin concluded a high-level summit in Moscow on September 9, 2026, pledging to significantly deepen energy cooperation between their nations.…

Tragedy Strikes Philippine Waters: Ferry Fire Claims Lives, Dozens Missing Near Palawan

Five individuals have been confirmed dead and a significant number remain unaccounted for following a devastating fire that engulfed the Philippine ferry MV June Aster on Wednesday evening, September 9,…

US-China Tensions Ease as Domestic Competition Emerges as Top Concern for American Businesses in China

SHANGHAI – American businesses operating in China have reported a significant rebound in confidence, a stark contrast to record low levels seen previously. This renewed optimism, according to a survey…

Sanrio Aims to Deepen Ties with Growing Retail Investor Base

TOKYO – Sanrio, the globally recognized Japanese entertainment company synonymous with the enduring charm of Hello Kitty and a vast universe of beloved characters, is embarking on an ambitious strategy…

Tung Chee-hwa, First Chief Executive of Postcolonial Hong Kong and Influential Pro-Beijing Figure, Dies at 89

Hong Kong’s first chief executive following its handover from British to Chinese rule, Tung Chee-hwa, passed away on Tuesday at the age of 89, his office announced. The prominent businessman,…

China’s State Tobacco Monopoly Acts as a Financial Lifeline for Government’s Banking Sector Investments

China’s state-owned tobacco monopoly has once again demonstrated its crucial role in bolstering the nation’s financial sector, acting as a significant investor and a vital source of capital for the…

Myanmar’s Fragile Peace and China’s Strategic Ambitions Intertwine Amidst Rakhine Conflict

NGAPE, Myanmar — In the Rakhine mountains of western Myanmar, a lonely highway lies under fog. Barely any traffic passes. This desolate scene on a crucial transit route underscores the…

Japan’s Listed Companies See Declining Return on Equity Despite Record Profits Amidst Yen Weakness and Overseas Investment Revaluation

Tokyo – Japan’s publicly traded companies experienced a downturn in their return on equity (ROE) for the fiscal year ending March, a surprising development given the backdrop of record-breaking profits.…

BYD Poised to Shatter Overseas Sales Targets, Eyes 2.5 Million Units in 2027 Amidst Global Expansion

HONG KONG — BYD, the Chinese automotive titan and the world’s largest producer of new energy vehicles (NEVs), is on track to significantly surpass its annual overseas sales targets, with…