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China, US maintain trade communication at G20 ministerial
China has called on G20 members to uphold multilateralism and strengthen cooperation, as trade ministers met in Milwaukee, USA, from September 30 to October 1 to discuss food security, industrial overcapacity, forced labor and the most-favored-nation principle.
Rising prices, weak spending put Japan's policymakers in tight spot
Rising prices, weak spending put Japan's policymakers in tight spot
China plays constructive role at G20 trade ministers' meeting
China's Ministry of Commerce said on Sunday that China played a constructive role at the G20 trade ministers' meeting, held in Milwaukee, the United States, from September 30 to October 1.
'HKIC drives market capital into promising firms'
Chief Executive of Hong Kong Investment Corporation (HKIC), Clara Chan, on Sunday said the company had evolved from acting as a pure investor into a corporation playing diverse roles. Speaking on a Commercial Radio programme, Chan said the company, owned by the SAR government, was a lead investor that drove market investment. “Besides acting as an investor, we also look for promising enterprises. During their growth journey and investment rounds, we do more than just invest – we lead the investment and attract more investors to support the company together,” she said. “For every dollar we invest in a company, we can, on average, mobilise more than eight dollars in long-term market investment.” The HKIC also served as a pioneer that would further support the development of the Northern Metropolis, the Greater Bay Area and cutting-edge fields, Chan said. She said the company aimed to contribute to society apart from making financial profits, hoping the enterprises which received investment from the HKIC could provide products or services that benefited people. HKIC investment covered various sectors including artificial intelligence, green energy and life sciences, all of which are related to people’s lives, she added. Chan also said the company had invested in over 200 enterprises, among which 11 were already listed in Hong Kong while over 30 had submitted or planned to submit listing applications in the SAR this year. Edited by Tony Sabine
F.D.A. Classifies Salad Dressing Recall to Highest Health Risk
Salata Dressings initiated the recall of its Jalapeño Avocado Dressing in August over concerns about possible salmonella contamination.
As A.I. Agents Begin Shopping, Brands Are Changing Their Sales Pitch
Faced with bots immune to traditional marketing tactics, marketers are racing to win them over with logic and data.
Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election
With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions.
China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
Weight Loss Drugs Give Restaurants a New Hurdle: Diners Who Eat Less
Fewer orders and higher costs are squeezing restaurants big and small as people on the weight-loss drugs eat and drink less when dining out.
Tech giants' AI boom faces a rising cash-flow test
The fiscal 2026 earnings cycle has underscored the extraordinary momentum behind the AI boom, with tech giants posting record revenues while their shares have also rallied. But beneath the headline numbers, a new test is emerging: how long can AI-driven cash generation keep pace with the massive investment required to expand computing capacity?