Month: August 2026

MALAYSIA: Danone has decided to maintain its financial guidance for 2026 after reporting that its second quarter sales exceeded expectations. The company's recurring operating income for the first half of 2026 reached 1.854 billion euros (US$2.11 billion), indicating strong performance and stability in

TOKYO: Japan is contemplating relocating its capital from Tokyo due to the threat posed by a potential magnitude-7 earthquake, which could severely disrupt the operations of critical governmental and financial institutions. The urgency for finding a second capital is driven by the need

HONG KONG: Hongkong Land Holdings anticipates that the decline in office rents across its properties in Hong Kong will stabilize by 2027. The company has experienced six consecutive years of decreasing rental income, prompting efforts to forecast a recovery in the near future.

MALAYSIA: Bursa Malaysia has announced an increase in its initial public offering (IPO) goals following a robust financial performance in the first half of the year. The exchange reported a 15.2% rise in net profit, positioning itself as a leader in the ASEAN

MALAYSIA: The Bank of Japan (BOJ) is expected to keep its benchmark interest rate unchanged, 52 economists. This decision comes as Haruhiko Ueda returns to the spotlight as the central bank aims to navigate ongoing economic challenges. The BOJ's current monetary policy has

DUBAI: A drone strike on gas vessels at Egypt's Mediterranean port of Damietta has sparked heightened security concerns, potentially opening a new front in the ongoing conflict between the United States and Iran. The attack underscores the growing complexity of regional hostilities, with

USA: BMW has announced plans to offer buyout packages to thousands of its employees in Germany as part of a global strategy to reduce its workforce by approximately 8,000 positions. This move is aimed at cutting costs and enhancing operational efficiency amid a

VIETNAM: Vietnam is set to raise $76 billion annually from capital markets as part of its strategy to reduce reliance on banks and sustain robust economic growth through 2045. This initiative is part of a sweeping reform announced in Hanoi, aimed at diversifying

IRAN: President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met in Washington amidst escalating tensions following a recent attack linked to Iran. The leaders discussed the implications of this attack, which has further complicated diplomatic efforts in the region. Netanyahu's visit to

VIETNAM: Vietnamese authorities are set to broaden their investigation into alleged corruption at the Long Thanh International Airport project, a venture valued at US$16 billion. The move follows a recommendation to examine potential bidding violations, aiming to ensure transparency and accountability within the