PDD Holdings reported 8% second-quarter revenue growth to 112.36 billion yuan, below estimates, while profit fell 12% amid fierce competition.
Shein’s Hong Kong IPO order book is fully covered, with the company seeking up to $1.8 billion at a valuation near $27 billion.
South Korea’s business sentiment reached its highest level since September 2022 in August, supported by semiconductor strength and recovering services.
Japan plans to study blockchain infrastructure for near-instant settlement of stocks and government bonds, potentially becoming operational in the early 2030s.
Japan’s service-sector inflation reached 3.6% in July, adding pressure from labor costs and strengthening expectations for further monetary tightening.
Indonesia is attracting more Chinese and Hong Kong investment as companies diversify supply chains and expand manufacturing and data-center projects.
Britain's manufacturing sector showed signs of improvement in August, with output and new orders strengthening after earlier weakness. (reuters.com)
U.S. manufacturing activity strengthened in August as new orders and production improved, although employment remained under pressure. (reuters.com)
Singapore's July core inflation rose 2.0% year over year, below expectations, while the economy's 2026 growth outlook was raised to 4.5%-5.5%.
A Reuters survey found that more than 80% of Japanese companies have yet to fully deploy AI, highlighting a cautious corporate transition.
Mazloum Abdi declared the Syrian Democratic Forces dissolved after completing the integration of its fighters into Syria’s national army.
A Japanese cooling booth called the “Do Hiemon Box” is gaining attention as workplaces seek ways to protect workers from extreme summer heat.
Britain's services sector expanded more strongly in August, supported by improving consumer confidence and technology investment tied partly to AI.
Britain is preparing for rising electricity demand from data centers as AI expands, increasing pressure on power infrastructure and renewable generation.
Indonesia is expanding electric public transportation as major cities seek cleaner mobility, lower emissions and more efficient urban travel.
Britain continues expanding offshore wind capacity as renewable projects become increasingly important to electricity supply and energy investment.
U.S. manufacturing expanded in August as new orders and production strengthened, with technology-related demand supporting the industrial recovery.
Japan is considering tax incentives for companies selling non-core businesses, aiming to encourage restructuring and greater industrial efficiency.
More than one million Britons aged 16–24 are neither working nor studying, raising concerns about skills, opportunity and long-term economic participation.
A magnitude 5.9 earthquake struck the Kanto region on August 23, injuring at least 37 people but causing no tsunami.
Japan's manufacturing PMI rose to 55.1 in August, its strongest expansion in years, driven partly by semiconductor and AI demand.
Britain's services sector expanded faster than expected in August, while technology investment and consumer confidence added signs of economic resilience.
Indonesia and China agreed to deepen cooperation in minerals, energy, AI, railways, satellites and green technology during high-level meetings in Jakarta.
Indonesia is urging faster investment growth to help lift the economy toward 6% after 5.45% growth in the first half of 2026.