World News by Wild Rose

Former HSBC Holdings global insurance head Edward Moncreiffe will join rival AIA Group as regional CEO from November 2, following a path taken by former HSBC Group chairman Mark Tucker, who returned to the Asia-Pacific region’s largest insurer as non-executive chairman last year. Moncreiffe will oversee AIA’s businesses in India, Sri Lanka, Australia and New Zealand, while serving on the group’s executive committee, according to a company statement issued on Friday. He will report to group CEO...

Singapore Exchange Ltd. Chief Executive Officer Loh Boon Chye said he’s preparing to step down as the bourse moves into its next phase of growth.

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Honduras targets Chinese shops, state builder as president sits on Taiwan pledge Honduran migration officials have summoned or placed under review 41 Chinese nationals after inspecting shops in the capital and a hospital being built...

A daily update on the latest business and economic news. 

[The content of this article has been produced by our advertising partner.] For many of Hong Kong’s high-flying executives and entrepreneurs alike, Central is already part of their working day. That proximity is part of the reason why OCBC has chosen the prime location of 35 Queen’s Road Central for its Central Branch. Here, clients can access wealth management services close to where they work or spend their time, in a cosy, private setting, while eligible Premier Private Clients can also...

As Canada’s LNG exports grow, critics raise concerns over human rights abuses linked to major corporate investors.

WEG, Brazil's electric motor maker, earned R$1.67 billion (US$332 million) in Q3, up 0.9%, as record foreign sales met copper and tariff costs. The post Brazilian Motor Maker’s Profit Rises 0.9% appeared first on The Rio Times.

American Airlines now owns about 7.9% of Brazil’s Azul after using all its warrants, a capital increase of about US$102 million on 20 October. The post American Airlines Takes 8% of Brazil’s Azul appeared first on The Rio Times.

Saudi Arabia has decided to postpone its flagship investment conference until next year, organisers confirmed in a statement on Monday, following deadly attacks which rocked ‌the kingdom in recent weeks as the Middle East conflict widens, disrupting business. The Future Investment Initiative, or FII, was planned for October 26 to 29, but will now take place in 2027, with a new date to be announced “very soon,” the organisers said. Reuters reported earlier Monday that the in-person event had been...

The French glassmaker Duralex is known for its practically unbreakable tableware - and business model. It's been pulled back from the brink for the fifth time in 25 years, by an entrepreneur who is vowing a new, environmentally-conscious chapter for the manufacturer. Also in the show - high energy prices fuel inflation in the US just weeks before midterm elections, and Greenland hits back at Donald Trump's plans for 'massive oil, gas, and mineral exploration' there. 

Javier Milei began his fifth US trip of 2026 on Wednesday, meeting oilman Harold Hamm before a Hispanic gala and a Thursday speech to US business leaders. The post Milei Lands in Washington for 36-Hour Visit appeared first on The Rio Times.

A business delegation from northeastern China has visited a Russian-controlled, Japanese-claimed island off Hokkaido to explore joint economic projects, a move that has prompted protests from Tokyo. Officials and business leaders from Heilongjiang province, which borders Russia’s far east, travelled to Etorofu – known to Russians as Iturup – to survey potential investment opportunities, according to the Sakhalin Oblast government, which oversees the island. Etorofu is the largest island in a...

Jump Trading has hired the founding team of a startup that trades access to computing power, according to a statement on social media, as market makers move into an emerging asset class underpinning the AI boom.

According to S. Vasudevan, president of Tanstia, Micro and Small Enterprises are presently undergoing an extremely challenging phase due to the West Asia conflict and the continuous increase in production and operational costs

This guide to doing business in Lesotho explains who may own what, how taxes work, why the loti tracks the rand and what AGOA to 2028 means for exporters. The post Doing Business in Lesotho 2026: Taxes, Ownership Limits and AGOA appeared first on The Rio Times.

Anduril said it would invest $3.7bn to develop shipyard that would build submarine parts.

An 86-year-old grandmother in China has become a social media sensation for operating a coffee shop for over a decade – a business she took over from her son in 2015, despite having no experience with coffee at the time. Zhao Qiying, affectionately known as the “Coffee Grandma,” revealed that the shop, located in downtown Qingdao in eastern China’s Shandong province, was nearly bankrupt due to her son’s lack of business acumen, according to the Peninsular Metropolis News. At that time, Zhao was...

KKR & Co., Blackstone Inc. and Warburg Pincus are considering bids for windshield-repair company Cary, according to people familiar with the matter.

Several self-inflicted mistakes have cost the biggest sportswear brand on the planet in recent years.

Bloomberg Businessweek Reporters and Everybody's Business Hosts, Max Chafkin and Stacey Vanek Smith preview Bloomberg’s Podcasts 2026 slate at Bloomberg Screentime in Los Angeles. (Source: Bloomberg)

A two-member committee comprising Joint Director and Deputy Director of Department of Factories and Boilers visited the site of the accident on October 1 as part of the statutory inquiry

Khaadi Pakistan Ltd., a fashion retail company, is planning an initial public offering next month to fund its outlet expansion plan.

Kyoto, Oct. 1 (Jiji Press)--Michio Kaida, new president of scandal-hit major Japanese motor manufacturer Nidec Corp., pledged Thursday to maintain the company's listing on the Tokyo Stock Exchange. At a press conference held at the company's headquarters in the western city of Kyoto, Kaida said maintaining the listing is his "mission." Audit company PwC Japan Group has withheld an opinion...

Norway’s sovereign wealth fund was a key investor in an initial public offering underwritten by Tera Yatirim Menkul Degerler AS just two months before the brokerage firm became the center of the biggest fund scandal in Turkish history.

As the elite and elusive executives at Jane Street break industry records, the question of who wields power there remains one of its enduring enigmas. Bloomberg's Max Abelson and Katherine Doherty explain. (Source: Bloomberg)

US President Donald Trump is announcing a new US$15 billion steel plant in Iowa being built with backing from an Indian conglomerate, creating what the White House says will become the largest steel plant in US history. The White House said Trump will announce the project on Monday afternoon alongside steel industry executives and commerce officials. It comes as Trump is trying to energise voters ahead of difficult midterm races including in Iowa, where governor and Senate seats have become...

Baltimore Orioles owner, Carlyle Group co-founder and host of Bloomberg's Peer to Peer Conversations David Rubenstein tells David Gura that he bought his hometown team in part to help revitalize Baltimore and says sports owners tend to prioritize winning over operating profits. Rubenstein also discusses soaring franchise valuations and his new book, Inside the Owner’s Box, which examines the business and leadership of professional sports ownership. (Source: Bloomberg)