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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.65% Investing.com

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.73% Investing.com

Taiwan eyes at least silver in Asian Games League of Legends: Coach Focus Taiwan

Taiwan cleanroom engineering firms hit record revenue on chip investment Taiwan News

BIS says global market AI momentum showing signs of vulnerability

MediaTek's Newest Smartphone Chips Using Latest Taiwan Semiconductor Technology marketscreener.com

Cathay raises GDP growth forecast to 11.6%

TSMC careful about use of AI in sensitive research

Legislature stalling general budget: Cho

Most expect housing prices to stabilize in Q4: Survey

Anthropic’s AI apocalypse warning is much too weak

Japan eyes defense spending at 3.5% of GDP, sources say

Asian Games housing concerns grow

Slowdown calls deflate AI stocks

The art of not making an AI safety deal with China

Zacks Investment Ideas feature highlights: Nvidia, Taiwan Semiconductor, Arista Networks, Dell Technologies, Hewlett Packard and Super Micro Computer finance.yahoo.com

Taiwan's ruling DPP rethinks nuclear power opposition in AI era Nikkei Asia

Taiwan's Housing Market Sentiment Shifts as Nearly Half of Respondents See Buying Opportunity Within Two Years finance.biggo.com

US/California Economic Relations with Taiwan Remain Strong at Pivotal Time CalChamber

Taiwan power electronics maker Delta seeks $1.5 billion in Thai share-linked bonds, term sheet shows TradingView

Ahead of Taiwan Central Bank's Board Meeting, Lai Cheng-I Urges Raising Luxury Home Threshold, Easing Second-Home Mortgage Rules finance.biggo.com

Taiwan shares energy transition expertise at APEC symposium Taiwan Today

Taiwan likely to keep rates unchanged, but Fed hike could upend expectations - Reuters poll Reuters

Cathay raises GDP growth forecast to 11.6% Taipei Times

AI's energy demand ignites global nuclear rush, straining Taiwan's restart digitimes

Rather than strengthening Taiwan, US demands for market access, technology investment, and defense capabilities are deepening political polarization and eroding the island’s ability to build consensus just when it needs it most. The timing could hardly be worse.

Hong Kong is considering tapping into the Exchange Fund to buy more gold as part of efforts to boost trade in gold and transform the city into a world trading centre for the precious metal, according to Chief Executive John Lee. The fund serves as the city's de facto sovereign wealth fund and war chest to defend the Hong Kong dollar's peg to the US dollar, totalling HK$134.7 billion in the first six months of this year. In delivering his Policy Address, Lee noted that the Hong Kong Monetary Authority (HKMA), the city's de facto central bank that manages the fund, is exploring the possibility of raising the Exchange Fund's gold holdings and participating in the local spot and futures market. "It (HKMA) is also considering gradually transferring its physical gold holdings to designated vaults appointed by the Hong Kong Precious Metals Central Clearing Company Limited (PMCC)," Lee added. The PMCC is a government-owned company that previously launched a trial clearing and settlement system for gold in early July. Speaking at the Legislative Council, Lee said the gold clearing and settlement system would start its official operations in the first quarter of next year, adding that a dedi

The Hong Kong, China wushu team is sending six male and four female athletes to compete across various taolu and sanda events at the upcoming Asian Games in Nagoya, Japan. Head coach Lam Hong-kwai said athletes spread out across the mainland over the past few months for intensive training. He added that all squad members were in good form and hoped they would carry their momentum into the Asian Games wushu competitions, which begin on Sunday. Juanita Mok, set to make her third Asian Games appearance, won a silver medal in taijiquan during her Games debut in Jakarta in 2018. She will compete in the women's combined taijiquan and taijijian event in Japan. "As this is my third time joining the Asian Games, I actually feel more relaxed and really want to enjoy those four minutes on the competition carpet," Mok said. Mok added that her routines at the upcoming Games would be more varied and rhythmic compared to previous editions. Meanwhile, Lydia Sham, who has won multiple gold medals at world-level competitions, will focus solely on the women's changquan event. Focusing on a single discipline allows her to refine her execution and make her movements smoother, she said. "In terms of str

Chief Executive John Lee on Wednesday said that as Hong Kong embraces the use of artificial intelligence, the government would step up efforts to ensure safety. Delivering his Policy Address, Lee said these efforts would be coordinated by the Chief Secretary and assisted by a new Commissioner for AI under the Digital Policy Office. These would include studying regulations for deepfakes by legislation, he said, adding that authorities would look into legislative powers to remove online content that may constitute financial fraud. He said enhancements would also be made to protect minors who use AI tools. To boost the city's competitiveness, the government would step up the promotion of AI applications across various trades. Lee said the use of AI will be introduced in various sectors including the finance, healthcare, legal, construction, transport and welfare industries. He added that the government would support small and medium enterprises that are looking to upgrade with AI, and promote training in the technology for all. “The government will roll out more than 200 training courses and activities, and support working people and SMEs in applying AI for practical enhancement,” he

Commercial property prices in Hong Kong are likely to continue their downward spiral, as the market risks getting trapped in a “vicious cycle” of tighter bank lending and weakening demand, a property agency has warned. Banks in the city had adopted a more conservative approach towards approving mortgages for commercial properties over the past three years, introducing stricter approval standards and terms, said Eric Tso Tak-ming, chief vice-president at mReferral Mortgage Brokerage Services, at...

Wealth management provider Wrise Prestige is stepping up its investment in artificial intelligence technology as the firm looks to expand its footprint on the Chinese mainland and power its next phase of growth. The Singapore-headquartered firm planned to open an AI laboratory in Guangzhou next month to house its technology team, following a HK$30 million internal investment in AI-related development, senior executives said during a media briefing marking the company’s second anniversary in Hong...

Hong Kong sets out global gold hub as driver for commodities, yuan Mining Weekly

With a US interest rate increase almost a done deal, investors are now trying to figure out whether it would be a one-off move or the start of a fresh tightening cycle, while also bracing for a borrowing-cost increase in Japan, which is highly likely and may jolt capital flows. As the odds of a 25 basis-point rate increase at the US Federal Reserve’s policy meeting on Thursday have risen to 92 per cent, stock traders have shifted the focus to whether the world’s biggest central banks would...

A more than 40 per cent slump in Chinese humanoid robot maker Unitree Robotics since listing has sounded regulatory caution for the industry, with speculation swirling that Beijing may tighten approval of the peer listings. The regulators would heighten scrutiny over humanoid makers seeking initial public offerings (IPOs) on the mainland’s exchanges, according to media reports. The sustainability of revenue growth, earnings prospects and applicants’ key capabilities of tech innovation would be...

The ending of the American century is coinciding with an Asian renaissance. America remains the world’s largest economy and will stay that way for another decade or two. But its economy no longer dominates the world. And its “America first” policy has partners and allies looking for alternatives for trade and investment – and for certainty. Simultaneously, everyone else is changing. The fastest-growing economies in the 21st century will be Asian. Business leaders must wrestle with the paradox...

Hong Kong Sets Out Gold Hub as Driver for Commodities and Yuan

Chinese companies “going global” are moving from the peripheral to the core in the business world, with their average market share in export markets projected to rise to 31 per cent by 2035 from 18 per cent this year, according to a Goldman Sachs report on Monday. The global expansion of Chinese firms was not yet fully reflected in their share prices, but their revenue would grow 3.6-fold by 2035, according to the report, which covered 40 global companies in 11 sectors, including 21 Chinese...

The head of China’s spy agency has warned that artificial intelligence endangers the country’s national security, with foreign powers potentially using the technology to threaten social order. “Hostile forces” were abusing generative AI technologies to “fabricate political rumours and spread harmful information”, Minister of State Security Chen Yixin wrote in an article published online on […]

Hong Kong forges gold market ties with Uzbekistan Hong Kong Business

Hong Kong Based Crypto Exchange Coinex Cease Operations

“Reviving Hong Kong as a Financial Hub,” Beijing Channels Mainland Companies, Liquidity and Gold-Trading Infrastructure into the City economy.ac

Two Chinese state-owned carmakers, Guangzhou Automobile Group (GAC) and FAW Group, are weighing a restructuring that could integrate their joint venture operations with Japanese giant Toyota, industry insiders say, following Beijing’s call for consolidation amid weakening domestic demand. GAC planned to acquire part of FAW’s equity in a joint venture vehicle manufacturer through a share issuance and raise supporting funds, the Guangzhou-based carmaker said in an exchange filing on Monday night,...

Chief Executive John Lee vowed on Wednesday to expedite the development of three university towns in the Northern Metropolis with the aim of driving the synergistic development between industries, academia and research. The area set aside for the Northern Metropolis University Town (NMUT) spans more than 1,000 hectares in total, covering San Tin, Hung Shui Kiu and Ta Kwu Ling. Delivering the city’s first five-year plan at the Legislative Council, Lee said the government would provide financial backing for universities to set up campuses at the towns. “In terms of financial arrangements, the government will provide full support through a multi-pronged approach such as land premium exemption and loans while post-secondary institutions will mobilise their reserves and/or employ flexible funding modes, such as the issuance of bonds, to bring in market and social capital to jointly advance the NMUT development,” he said. Lee said each university town would have a distinct focus that encompasses the five elements of education, technology, industry, talent and urban development. The San Tin University Town will focus on the development of medicine, life and health technology, AI, robotics

Revenue from inbound travel to China is forecast to reach US$470 billion by 2040, more than doubling its current share of the economy and helping offset weak domestic demand, according to UBS. Tourism from outside mainland China would expand to 1.5 per cent of gross domestic product (GDP) on a compound annual growth rate of 8.9 per cent from 2025, the Swiss investment bank estimated. China’s inbound travel revenue would represent 15 per cent of the world tourism market by around 2040, said Chen...

TikTok parent ByteDance has scored another hit in China with Hongguo, an artificial intelligence-powered short-drama platform. Launched in 2023, Hongguo quickly became a household name by riding China’s short-drama boom. A surge in AI-generated content propelled it past some of the country’s biggest professional streaming platforms, while iterations of AI-animated dramas – using AI video models including ByteDance’s Seedance – gave it further lift. Hongguo has overtaken the country’s four...

Hong Kong Stocks in Focus | Gold Stocks Under Collective Pressure as Rate Hike Expectations Weigh on Gold Trends moomoo.com

Chief Executive John Lee said the city's first five-year plan would set out Hong Kong’s overall direction and long-term vision, adding that authorities would push reforms, create opportunities and ensure that everyone shares in the economic benefits. Lee will deliver both the five-year plan and the annual Policy Address on Wednesday. Speaking to reporters ahead of his weekly Executive Council meeting on Tuesday, Lee said the five-year plan would have a blue cover to symbolise openness, progress and stability, while the Policy Address would retain its green cover to represent continuity, vitality and hope. "The five-year plan is not a planned economy. It is a plan which tells us where the strategic directions are, where we are heading and which are the priority areas," he said. "And then It is a blueprint for us to implement in five years' time, so when we each year roll out policies, then we also have to ascertain priorities so that at the end of five years, we will reach certain goals." A special booklet featuring highlights of both documents would also be released, Lee added, to help the public better understand their contents. Its cover shows Victoria Harbour in the morning ligh

Dollar inches higher as 10-year Treasury yield climbs to highest since 2007 KELO-AM

Hong Kong sets out global gold hub as driver for commodities, yuan Engineering News

Gov’t upsizes Silver Bond issuance to $55b on strong demand Hong Kong Business