Energy
Oil Prices Fall Below $70 as OPEC+ Faces Compliance Crisis
Brent crude dropped below $70 a barrel for the first time since March as OPEC+ compliance faltered, with Iraq and Kazakhstan exceeding quotas by 600,000 barrels per day.
Publisher
Corporate Earnings
Tencent Quarterly Profit Jumps 28% on Gaming and Cloud Growth
Tencent posted a 28% jump in quarterly net profit to 42.6 billion yuan, driven by a recovery in domestic gaming and expanding cloud revenue.
Real Estate
Singapore Tightens Property Cooling Measures as Home Prices Hit Record
Singapore tightened property cooling measures after private home prices hit a record, raising the additional buyer's stamp duty for second properties to 25%.
Trade
RCEP Trade Pact Drives 14% Surge in Intra-Asian Commerce
Trade among RCEP member nations surged 14% in the first half of 2025 as cumulative tariff reductions and streamlined rules of origin took full effect.
Employment
South Korea's Youth Unemployment Hits 8.2% Amid Structural Job Market Shift
South Korea's youth unemployment rate rose to 8.2% in October as structural mismatches in the labor market left university graduates competing for a shrinking pool of corporate positions.
Central Banks
Philippine Central Bank Cuts Rate to 5.5% as Inflation Eases
The Bangko Sentral ng Pilipinas cut its key rate by 25 basis points to 5.5% as headline inflation fell to 2.3%, well within the central bank's target range.
Semiconductors
TSMC Plans $12 Billion Expansion of Japan Chip Fabrication Complex
TSMC announced a $12 billion expansion of its Kumamoto fab complex in Japan, adding 6-nanometer capacity to serve automotive and AI chip demand.
Corporate Earnings
Alibaba Reports Flat Revenue as China E-Commerce Competition Intensifies
Alibaba Group posted flat quarterly revenue of $33.7 billion as competition from PDD Holdings and Douyin intensified in China's e-commerce sector.
Supply Chains
Vietnam Factory Output Jumps 12% as China-Plus-One Strategy Accelerates
Vietnam's industrial output surged 12% year-over-year in Q3 as multinationals accelerated the China-plus-one supply chain strategy.
Central Banks
China's PBOC Cuts Reserve Requirement Ratio by 50 Basis Points
China's central bank cut the reserve requirement ratio by 50 basis points, releasing an estimated 1.2 trillion yuan to support the slowing economy.
M&A
Grab Holdings Acquires Indonesian Logistics Startup for $780 Million
Grab Holdings agreed to buy Indonesian logistics startup KirimAja for $780 million, expanding its supply-chain capabilities across Southeast Asia.
Central Banks
Japan's BOJ Holds Rates at 0.5% as Yen Weakness Persists
The Bank of Japan kept its benchmark interest rate unchanged at 0.5%, signaling patience as the yen lingered near 152 per dollar.