The Asia Eight

Daily must-reads from the world’s most dynamic region

November 18, 2020

1 TOP STORY: Rare earths pact threatens China dominance

2 ASIA MARKETS: HSI, Nikkei climb; CSI 300 drops

3 ATF TV: We look at Baidu’s eight tips for future tech

4 CHINA BOND 50 INDEX: SOEs pull down benchmark

5 NEWS: Acer success highlights Taiwanese resilience

6 INFOGRAPHIC: China's e-commerce carton crackdown

7 NEWS: Geely and Nio make inroads into NEV market

8 COMMENT: India's roaring stock market

01 Rare earths alliance

Ore from a mine near Dubbo in Australia is now being processed in Korea with a new clean" technology, being closely watched by other operators. China's dominance in the processing sector may only be temporary, as rival facilities are planned in Malaysia, the US, Canada and Australia.

02 Asia Markets

Hong Kong’s Hang Seng index adds 0.49%, China's CSI300 drops 0.06%, Japan’s Nikkei 225 index falls 1.1% and Australia’s S&P ASX 200 climbs 0.51%. MSCI Asia Pacific slides 0.13%.  

03 The future as Baidu sees it

The tech giant has listed the eight (our favourite number) innovations it believes will dominate everyday lives in the near future. Asia Times Financial TV takes a look.

04 China Bond 50 Index

Bonds of state-owned-enterprises fall for a third day, dragging down the benchmark ATF China Bond for the first time in almost three weeks. There is growing concern that the sector is unable to pay its debts.

05 Cardboard chaos

China’s e-commerce binge has produced a sea of unwanted cardboard, undermining efforts to clean up the country. Authorities now plan to act.

06 Acer in the pocket

Tech company Acer’s stellar earnings report underscores the resilience and agility of its home, Taiwan. The island state is a rare example of how an economy can navigating the pandemic.

07 Geely, Nio in NEV deals

Daimler will work with China's Geely on next generation combustion engines, an official said on November 17. “The companies plan to develop a highly efficient modular engine,” a spokesman for Daimler told Reuters, adding that it would be used in hybrid drive-trains and manufactured in Europe and China.

08 Comment

"The economic recovery comes after almost three years of stagnation, and there are enough indications that the expansion will sustain; and it is not just a short-term blip.”

Hemang Jani, the head of equity strategy at Motilal Oswal on Indian stocks’ bull run