Dassault Systèmes raises 2026 targets
Dassault Systèmes raised its 2026 targets amid strong momentum, projecting higher revenue and profitability.
China’s old-age dependency ratio overtakes children for first time
China's old-age dependency ratio hit 23.1%, surpassing children's 22% for the first time in 2025. Over 223 million seniors outnumber 213 million children amid rapid ageing and declining births.
AI chips worth $15.5 million seized at Malaysia airport, customs authority says
Malaysia’s customs seized about $15.5 million worth of advanced AI chips at Kuala Lumpur airport’s free trade zone, targeting a suspected smuggling syndicate amid 2025 export controls.
SingPost to streamline EU-bound shipments under new Customs rules from Nov 1
SingPost will switch commercial shipments to 16 EU destinations to a Delivered Duty Paid framework from Nov 1, reducing delays, rejections and surprise tax charges under new customs rules.
Further 1MDB recoveries will not erase billions in losses: Minister
Malaysia's minister says further 1MDB asset recoveries won't eliminate billions in losses, citing RM51.4 billion spent, RM31.3 billion recovered, leaving a net burden of RM20.1 billion.
Iran says Sinokor vessels face legal action; South Korean shipowners deny link
Iran’s Strait of Hormuz authority says Sinokor vessels face legal action from Nov 1; South Korean shipowners deny Sinokor owns the ships, saying they were sub-chartered abroad.
Japan's Nidec likely to miss month-end deadline on audit, Nikkei says
Japan's Nidec is likely to miss its month-end deadline to complete an audit, according to Nikkei.
Japan, US defence chiefs agree to boost deterrence amid China clout
Japan and US defense ministers agreed to boost defense investment and align strategy to strengthen deterrence against China, including effective denial defense in the First Island Chain.
Vietnam financial centre says its first 10 members to mobilise $2.7 billion
Vietnam's financial centre announced its first 10 members will mobilise $2.7 billion, marking a significant early step for the emerging hub.
France minerals envoy says rare earths diversification from China possible within 3-5 years
France’s strategic metals envoy says Western countries could diversify rare earth supplies away from China within three to five years, as projects in Europe, Australia, the US and elsewhere advance.
China dismisses Taiwan’s accusations of involvement in comedian attack
China dismissed Taiwan’s accusations of involvement in an attack on comedian Huang Yi-hao, calling them DPP fabrications to provoke confrontation and win elections.
Chinese EV imports surge in Thailand ahead of planned excise tax
Thailand’s EV imports jumped 138% in September to US$421 million, almost all from China, ahead of a proposed 30% excise tax on fully imported EVs to boost local production.