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South Korea's KOSPI opened 79.28 points higher, up 1.2%, at 6,658.76 on Friday, Sept. 4.

2026-09-04

South Korea's KOSPI opened 79.28 points higher, up 1.2%, at 6,658.76 on Friday, Sept. 4.

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2026-09-04

Beijing’s Capital Airport Economic Zone has published its 15th Five-Year development plan, outlining a 1+4 industry model with aviation services as the core and pharmaceuticals & health, airport-oriented manufacturing, logistics & trade, and business

Beijing’s Capital Airport Economic Zone has published its 15th Five-Year development plan, outlining a 1+4 industry model with aviation services as the core and pharmaceuticals & health, airport-oriented manufacturing, logistics & trade, and business consumption as supports. The plan sets 21 core indicators across hub, scale, industry, innovation and quality dimensions and targets by 2030: park revenues of 620 billion yuan, district-level general public budget revenue of 4 billion yuan, and annual import‑export throughput at the Tianzhu comprehensive bonded zone of 200 billion yuan. The 1+4 industries are forecast to grow about 10% annually, high‑tech industry revenue to expand at over 10% annually, and the Tianzhu bonded zone to remain in the top A performance tier. The plan is positioned to accelerate high‑quality development of Shunyi Pingyuan New City.
2026-09-03

Union Investment, one of Germany's largest asset managers, warned Volkswagen in a letter to the chairman that its credit rating could be downgraded to junk unless the automaker implements substantial cost cuts and improves profitability, the FT repor

Union Investment, one of Germany's largest asset managers, warned Volkswagen in a letter to the chairman that its credit rating could be downgraded to junk unless the automaker implements substantial cost cuts and improves profitability, the FT reports. The move escalates an internal standoff ahead of a crucial supervisory board meeting on Friday over CEO Oliver Blume's restructuring plan, which could eliminate up to 100,000 jobs in Germany and close as many as four plants. Management and the supervisory board are deadlocked; worker representatives and major shareholder Lower Saxony oppose the plan.
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