News

Finance sector cements dominance over Philippines ICT market

GlobalData says the sector will hold the top end use position through 2029.

Taiwan’s foreign-currency insurance sales jump 30% to $13.4b

Traditional policies generated about 83% of new premium revenue in 2025.

Beijing retail outlook 2026 hinges on consumer confidence recovery

Retail recovery remains linked to broader economic conditions.

Selective retail transactions favour prime high street locations in Seoul

Tourism recovery is driving foot traffic and supporting key retail corridors.

China smartphone shipments fall 3.3% as Huawei, Apple gain

Premium demand supports margins despite supply and cost pressures.

Taiwan’s insurance premiums rise 8% as claims outpace non-life growth in 2025

Non-life payouts climb faster than premiums, signalling pressure on underwriting margins.

Implant demand fuels medical stampings market surge to $34.48b by 2034

Asia-Pacific emerges as the fastest growing market as production capacity expands.

Taiwan and South Korea travellers lead Asia in shopping-driven trips

Luxury malls, designer districts and night markets remain key attractions.

Emerging brands expand in Shenzhen as consumers shift to lifestyle categories

Flagship openings and store upgrades also rise to enhance customer experience.

Insurers face capacity strain as $300b data centre boom grows

Total insurable values per site can reach $20b to $30b, raising aggregation concerns.

Asia banks show mixed climate risk readiness, report finds

HSBC, Mizuho, and China Construction Bank stand out.