17 h. ago End of an era: Canon closes China printer plant as Japanese brand loses to local rivals

End of an era: Canon closes China printer plant as Japanese brand loses to local rivals  Yahoo Finance

Economics

27 h. ago End of an era: Japan’s Canon shuts China printer plant as local rivals rise

Japanese imaging technology giant Canon has shut down one of its major printer production facilities in mainland China, underscoring the growing clout of domestic brands in the country’s printing market. A visit on Thursday by the Post to Canon Zhongshan Business Machines, in Zhongshan city in the southern Guangdong province, revealed little activity. The car park was nearly empty, while a dozen employees strolled outside the office building. A worker said production had halted late last month,...

Politics

3 d. ago Germany’s China playbook: if you can’t beat them, partner up

German companies are accelerating efforts to partner with Chinese rivals, conceding in fresh survey results that the local competitors appear poised to seize the lead in global innovation. While business sentiment among surveyed German firms in China has seen a slight uptick, optimism has been tempered by fierce price competition and a nationalist “Buy China” push, according to findings from the German Chamber of Commerce’s 2025/26 Business Confidence Survey. About 56 per cent of surveyed firms...

Politics

2 w. ago Hong Kong, Singapore, Dubai: the rise of the ‘family office triangle’

Family offices in Hong Kong, Singapore and Dubai are redrawing the global map of private capital. Each hub combines favourable tax and regulatory regimes with strong local networks of banks, advisers and deal makers. Together, they now rival Western centres in deploying private equity across the Global South. Drawing inspiration from family offices in the United States – where private equity has represented a major share of assets – these Asian hubs are scaling rapidly, positioning themselves as...

Society

4 w. ago Elon Musk Says Tesla FSD May Roll Out In China Next Year — Can It Beat Xpeng, Baidu and Local Rivals?

Elon Musk Says Tesla FSD May Roll Out In China Next Year — Can It Beat Xpeng, Baidu and Local Rivals?  Stocktwits

Politics

4 w. ago Tesla shareholders approve US$1 trillion pay package for Elon Musk

Tesla shareholders approved a US$1 trillion compensation package for Chief Executive Officer Elon Musk, the largest payout ever awarded to a corporate leader. The unprecedented move was announced on Thursday at the electric vehicle maker’s annual meeting, culminating a weeks-long campaign by the board, the CEO and prominent retail investors to build support. The pay agreement clears a path for Musk, the world’s richest person, to become the first ever trillionaire and expand his stake in Tesla...

Economics

4 w. ago Tesla shareholders approve stratospheric US$1 trillion Musk pay package

Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach US$1 trillion. The pay package - crafted to ensure Musk’s continued service to Tesla as the company pursues breakthrough technology on artificial intelligence and robotics - won more than 75 per cent support from shareholders, a Tesla official said at the company’s annual meeting. “I’d like to just give a heartfelt thanks to everyone who supported the shareholder votes,” a euphoric...

Economics