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Saturday, March 21, 2026

Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Independent Bank Acquires HCB Financial in $70.2M Deal, Expanding Michigan Footprint

Independent Bank Corporation to acquire HCB Financial Corp. in a $70.2 million cash and stock deal, expanding its Michigan footprint and enhancing its market position with combined assets of $6.1 billion.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Hong Kong Moves Closer to Private Equity Fund Listings with MPF Inclusion

Private equity funds may soon be listed on the Hong Kong stock exchange, following a recent decision by the city’s pension regulator to allow...

AXA to Redomicile to Hong Kong as New Law Simplifies Process for Insurers

AXA, one of Hong Kong’s largest insurers, has announced plans to shift the legal domicile of its Hong Kong-serving entity from Bermuda to Hong...

BYD Overtakes Tesla in European EV Sales Amid Rising Demand and Tariff Pressures

Chinese carmaker BYD surpassed Tesla in battery electric vehicle (BEV) sales in Europe for the first time in April, signaling a major shift in...

Hong Kong Strengthens Role as Offshore Yuan Hub Amid Growing De-dollarisation

International businesses are increasingly seeking to diversify away from the US dollar, with Qatar emerging as a notable example of this trend, according to...

Hong Kong Millennials Embrace AI in Wealth Management, Study Shows

Nearly three-quarters of Hong Kong millennials expect their wealth managers to use artificial intelligence (AI) tools to build and adjust investment portfolios, according to...

Hong Kong Homebuyers Snap Up All Units at Sierra Sea Amid Lower Mortgage Rates

Emboldened by a drop in mortgage rates, Hong Kong homebuyers purchased all 216 new units offered at Sun Hung Kai Properties’ Sierra Sea development...

Chinese Robot Firms Showcase Innovations Amid Growing Industry Challenges

Chinese robotics firms, including notable names like Unitree Robotics and Engine AI, drew attention at a technology conference in Macau as enthusiasm for the...

Amap Launches Ride-Hailing Service on English App for Foreign Visitors in China

Amap, the mapping and local services platform under Alibaba Group Holding, has launched a ride-hailing feature on its English version, enabling foreign visitors in...

eSignGlobal Leverages US-China Trade Tensions to Boost Global Expansion

eSignGlobal, a digital signature services provider based in Hangzhou, is turning US-China trade tensions into a growth opportunity by expanding its global footprint. Eric...

Alibaba Chairman Joe Tsai Highlights Recovery and AI Focus Amid Challenges

Alibaba Group Holding chairman Joe Tsai said the company is now “on a very good path” after overcoming several years of setbacks, including regulatory...

Shanghai’s Luxury Property Market Thrives Amid National Downturn

Shanghai’s luxury residential property market continues to defy national trends, with affluent buyers investing heavily in premium homes amid broader economic concerns. This resilience...

Bullet Trains Surpass Flights on Beijing-Shanghai Route as Passengers Prioritize Speed and Comfort

Passengers traveling between Beijing and Shanghai are increasingly favoring high-speed trains over flights, as China's modern rail system continues to outpace the air travel...

Surge in Hong Kong and Chinese Investment Fuels UAE Property Boom

The UAE property market, particularly in Abu Dhabi and Dubai, is drawing increasing interest from investors in Hong Kong and mainland China. Recent activity...

Fusion Energy and AI: The Future of Clean, Reliable Power

The rapid rise of artificial intelligence has driven a surge in global energy demand, with powerful supercomputers consuming vast amounts of electricity. Interestingly, some...

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