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Business News

Curated business and financial news from top sources across Asia — banking, fintech, healthcare, enterprise, and markets.

PR Newswire Asia - The Grid

Video: CNPC offers green chemical answer

BEIJING , July 24, 2026 /PRNewswire/ -- A news report from chinadaily.com.cn: Located on the edge of the Taklamakan Desert in Northwest China's Xinjiang Uygur autonomous region, the Tarim 1.2 MTA Phase II Ethylene Project and its supporting green and low-carbon demonstration facility of PetroChina Dushanzi Petrochemical Company, a subsidiary of China National Petroleum Corporation, are offering a new example of China's low-carbon industrial transformation. Watch the video to discover how CNPC is exploring a cleaner and more circular future for the industry.

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PR Newswire Asia - The Grid

Courtyard by Marriott Phuket, Patong Beach Wins TripAdvisor Best of the Best Award

PHUKET, Thailand , July 24, 2026 /PRNewswire/ -- Courtyard by Marriott Phuket, Patong Beach proudly announces its recognition in the highly coveted TripAdvisor Best of the Best awards, securing a prestigious top 15 status. This milestone celebrates the resort's remarkable transformation since its official rebranding in late 2023, solidifying its position as a premier beachfront destination for leisure travelers and international tourists.   A Journey of Transformation and Excellence Following a comprehensive rebranding in 2023, Courtyard by Marriott Phuket, Patong Beac

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PR Newswire Asia - The Grid

Consumer confidence remains resilient across ASEAN as Singapore records the strongest improvement in the region: UOB's regional Consumer Sentiment Index

Stronger optimism about the macroeconomic environment sustains regional confidence, even as consumers remain cautious about their personal finances SINGAPORE , July 24, 2026 /PRNewswire/ -- ASEAN consumers remained optimistic about both the macroeconomic environment and their personal finances in 2026, with the UOB ASEAN Consumer Sentiment Index (the Index) [1] holding steady at 54. Despite ongoing macroeconomic uncertainties such as geopolitical tensions in the Middle East and concerns over rising oil prices, consumers' sentiment proved resilient as most major ASEAN economies continued to sho

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PR Newswire Asia - The Grid

Beko Publishes 2025 Integrated Report, Charting Years of Progress Toward Net Zero

As Beko releases its 2025 Integrated Report, the company's third consecutive inclusion on TIME's global sustainability ranking — retaining the #1 position in its industry — underscores the progress documented within it. ISTANBUL , July 24, 2026 /PRNewswire/ -- Beko published its 2025 Integrated Report, offering a comprehensive account of the company's financial, environmental and social performance over the past year. In parallel, Beko has been named one of TIME Magazine's World's Most Sustainable Companies for the third year running, retaining the #1 position in its industry. The recognition,

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PR Newswire Asia - The Grid

Two Peking University alumni awarded Fields Medals, 14 PKUers speak at the 2026 ICM

BEIJING , July 24, 2026 /PRNewswire/ -- The 2026 International Congress of Mathematicians (ICM) opened in Philadelphia, the U.S., on the morning of July 23 (local time). Peking University (PKU) alumni Wang Hong and Deng Yu were awarded the 2026 Fields Medals, one of the most prestigious honors in mathematics, marking a historic milestone for Peking University. Wang Hong (rightmost) and Deng Yu (leftmost) receiving the Fields Medals. The award decision was officially announced by the International Mathematical Union (IMU), which presents the medal every four years to mathematicians under the ag

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PR Newswire Asia - The Grid

Zoomlion Strengthens Global Customer Support During Challenging Summer Conditions

CHANGSHA, China , July 24, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd.'s ("Zoomlion" or "the Company") service teams across multiple product lines, including engineering cranes and construction hoisting machinery, have continued to support customers in multiple international markets this summer. Equipment delivery, emergency repairs, compliance work, and exhibition support under high-temperature conditions in Europe, along with tower crane safety training in Saudi Arabia, reflect how Zoomlion is translating its "MORE THAN YOU CARE" service commitment into practi

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PR Newswire Asia - The Grid

Grandly Launch | wire & Tube China 2026 Opens Visitor Registration

Pre-register now to secure global business orders SHANGHAI , July 24, 2026 /PRNewswire/ -- Visitor pre-registration is now officially open for wire & Tube China 2026, the highly anticipated flagship shows for the wire, cable, tube and pipe industries. wire and Tube China will be held from September 21 to 24, 2026, at the Shanghai New International Expo Centre (SNIEC). With over two decades of proven success, wire & Tube China has established itself as a globally recognized industry barometer. The 2026 edition will be held on a larger scale with an even stronger lineup, showcasing the strength

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banking-finance

JPMorgan moves over 30 China quant researchers to Singapore, HK

The US bank has moved about 25 to 30 staff from Beijing and Shanghai to Singapore, sources say

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PR Newswire Asia - The Grid

Goodrich Global Unveils SURFACE EDITS 2026, Showcasing The Future Of Material Innovation Across Asia

Third annual flagship showcase introduces new specification resources, international product launches, Singapore Interior Design Academy (SIDA)-supported Continuing Professional Design (CPD) Design Clinics and integrated design collaborations for the architecture and interior design community. SINGAPORE , July 24, 2026 /PRNewswire/ -- Goodrich Global announced SURFACE EDITS 2026, its annual flagship showcase, taking place on 28 July 2026, dedicated to advancing material innovation, professional education, and collaborative interior solutions across Asia. The one-day event, which brings togethe

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e27

“The AI did it” is not a defence; it is a confession

If the reported OpenAI-Hugging Face cyber incident stands up under scrutiny, the most alarming part is not that an AI system found a way to cheat a test. It is that one of the worlds most powerful AI companies appears to have built the conditions for that failure, then rushed to describe the result as [] The post The AI did it is not a defence; it is a confession appeared first on e27 .

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PR Newswire Asia - The Grid

Huawei Cloud Launches Agentic Infrastructure and CodeArts Agent OBT in Thailand, Accelerating Enterprise AI Innovation

BANGKOK , July 24, 2026 /PRNewswire/ -- Huawei Cloud hosted Huawei Cloud Summit Thailand 2026, bringing together leaders from government, business, industry partners, and the technology community to exchange views on how cloud and AI can support Thailand's digital economy. During the event, Huawei Cloud announced "Huawei Cloud Agentic Infrastructure: Now Available for Thailand" and officially launched Huawei Cloud CodeArts Agent Open Beta Testing (OBT) in the country. Mr. Sunny Shang, President of Huawei Cloud APAC Mr. Sunny Shang, President of Huawei Cloud APAC, outlined the company's commitm

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banking-finance

UOB targets five times growth in Hong Kong private bank AUM by 2030

It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows...

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PR Newswire Asia - The Grid

Fractal posts 20% revenue growth and 92% net income growth in Q1 FY27

Adjusted EBITDA Grows at 35% YoY Gross Margin up 29 bps 1 to 46%; Adjusted EBITDA Margin up 189 bps to 17% NEW YORK , July 24, 2026 /PRNewswire/ -- Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) announced its consolidated financial results for Q1 FY27, ending June 30, 2026. In Q1 FY27, the Company reported consolidated operating revenue of INR 9,125 m, a growth of 20% year on year (YoY). Revenue growth was led by the company's Healthcare and Life Sciences (HLS) industry, which clocked 69% growth YoY. Strong sustained growth in HLS over the last several quarters has resulted in it becoming

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e27

Hong Kong’s pitch to SEA: “We want to be your super partner”

At Siam Paragons Speaker Lounge in Bangkok, against the backdrop of SITE 2026, Sophia Chong, Executive Director at the Hong Kong Trade Development Council (HKTDC), sat down to explain why Thailand, and Southeast Asia more broadly, has become central to Hong Kongs global strategy. The occasion was a fitting one: HKTDC had just received the [] The post Hong Kongs pitch to SEA: We want to be your super partner appeared first on e27 .

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PR Newswire Asia - The Grid

ASUS Accelerates Enterprise AI at Scale with 6th-Gen AMD EPYC Server CPUs

ASUS leverages 6th-gen AMD EPYC Server CPUs to deliver scalable, efficient compute for enterprise AI, cloud, virtualization and business-critical workloads SAN FRANCISCO, July 24, 2026 /PRNewswire/ -- ASUS today announced its groundbreaking new server lineup powered by the AMD EPYC ™ 9006 processors , engineered to deliver unmatched performance for the most demanding intensive enterprise workloads. This advanced portfolio introduces two highly optimized series with efficiency-optimized AMD EPYC SP8 server CPU, the flagship dual-socket ASUS RS700A/720A for extreme compute density and the single

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banking-finance

Indian central bank likely steps in to avert rupee record low as oil surges, traders say

Brent futures stood at US$101.06 a barrel on Friday

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transport-logistics

Car dealer charged in S$1.1 million tax evasion case involving Porsches, Ferraris, Rolls-Royces

Wu Chong is alleged to have evaded taxes on 123 cars, while another car dealer, Goh Chee Sing, faces charges for funding...

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e27

Ropedia raises US$22M to build the data layer for robots that understand the real world

Robots are getting better at seeing, speaking, and planning. What they still struggle with is the messy business of doing. For a machine to reliably pack a box, wipe a table, load a warehouse shelf or assist someone at home, it needs more than internet text and video clips. It needs to understand grip, weight, [] The post Ropedia raises US$22M to build the data layer for robots that understand the real world appeared first on e27 .

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banking-finance

OCBC, Asset World Corp ink pact with US$200 million sustainability-linked loan

Tie-up will support AWC’s ‘growth-led strategy across its hospitality, commercial and lifestyle destination portfolio’

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PR Newswire Asia - The Grid

Visa and Lianlian Advance Trusted B2B Agentic Commerce Through LoopXPay's First Live B2B Agentic Transaction

First live B2B agentic transaction in Greater China highlights how AI-enabled commerce can help SMBs streamline purchasing and payments, supported by Visa's Agentic Directory for trusted AI agent interactions SINGAPORE , July 24, 2026 /PRNewswire/ -- Visa (NYSE: V), a global leader in digital payments, and Lianlian DigiTech Co., Ltd. ("Lianlian"), an AI-native global financial infrastructure provider, today announced the first live B2B agentic transaction completed using LoopXPay, Lianlian's AI agent. Small and medium sized businesses (SMBs) often lack dedicated procurement teams and spend val

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banking-finance

Japan ready to take decisive action on forex, finance minister says

The yen hit a fresh 40-year low at close to 164 per dollar.

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PR Newswire Asia - The Grid

AdaKami Builds Clean Water Access and Proper Sanitation for Residents of Dusun Banjarsari, South Lampung

JAKARTA, Indonesia , July 24, 2026 /PRNewswire/ -- In fulfillment of its commitment to deliver meaningful societal impact, PT Pembiayaan Digital Indonesia (AdaKami) partnered with digital fundraising platform BenihBaik.com to construct clean water and sanitation facilities in Dusun Banjarsari, South Lampung. Through the AdaKami Peduli program, the initiative funded an 80-meter-deep borewell serving as the primary clean water source. Data from the Lampung Provincial Government indicates that South Lampung Regency's clean water demand in 2026 is projected to reach approximately 1,900 liters per

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PR Newswire Asia - The Grid

The Philippines: A New Growth Opportunity in Southeast Asia

MANILA, Philippines , July 24, 2026 /PRNewswire/ -- Southeast Asia has become one of the world's most dynamic regions for consumer growth, with the Philippines emerging as one of its most promising consumer markets. With a population of over 100 million, a young consumer base, a rapidly developing modern retail sector, and growing consumer demand, the country is creating new opportunities for the freshly prepared beverage industry. Compared with markets such as Indonesia, Vietnam, and Malaysia, where the freshly prepared beverage sector has already entered a stage of large-scale development, t

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transport-logistics

‘Asia will be the growth engine’: FedEx’s Salil Chari on riding the AI boom

Global logistics is in a volatile era but this has not derailed his focus on regional high-value trade

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