Unitree reports 70% surge in quarterly revenue, though AI investment weighs on net profit

South China Morning Post - Oct 28, 2026

Leading Chinese robotics company Unitree Robotics on Wednesday reported a 69.93 per cent year-on-year increase in quarterly revenue to 665 million yuan (US$99.7 million), though net profits excluding non-recurring items fell 17.42 per cent to 105 million yuan, as the company released its first earnings since going public. The results for the three months ending September 30 showed a continued surge in research and development spending by the Hangzhou-based company, which jumped 249.58 per cent...

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Discover Cebu City in 48 hours

Oct 28, 2026

Discover Cebu City in 48 hours

CEBU, Philippines — In just 48 hours, you can journey through the past and present of the Queen City of the South, from centuries-old churches and historic streets to bustling markets and hilltop views. A day exploring Cebu City can begin among the historic landmarks of the downtown district, continue through the food stalls and trading aisles

Why Hong Kong rents are hitting records while home price gains lose momentum

Oct 28, 2026

Why Hong Kong rents are hitting records while home price gains lose momentum

Hong Kong’s lived-in home prices fell 0.8 per cent in the third quarter, their first quarterly decline after five quarters of gains, as a September rebound failed to fully offset a summer slowdown in the residential market. Prices rose 0.19 per cent in September from August, marking a second consecutive monthly increase, according to data released by the Rating and Valuation Department on Wednesday. The index reached 320.8, but remained 19.4 per cent below its September 2021 peak. Prices were...

Tracing the past, exploring the wild side of Southern Cebu

Oct 28, 2026

Tracing the past, exploring the wild side of Southern Cebu

CEBU, Philippines — From Carcar’s ancestral streets and Argao’s traditional delicacies to the turquoise waters of Kawasan Falls and Moalboal, Southern Cebu tells its story through old towns, local flavors and landscapes shaped by the sea. Southern Cebu is a journey through different layers of the province’s identity. Old churches and ancestral houses recall centuries of

SSS: Qualified members with P10,000 monthly salary credit or below to get UPLIFT aid

Oct 28, 2026

SSS: Qualified members with P10,000 monthly salary credit or below to get UPLIFT aid

The Social Security System (SSS) on Wednesday announced that eligible members under the expanded coverage of the Department of Social Welfare and Development's (DSWD) UPLIFT Assistance program will receive up to P8,000 in financial assistance beginning October 30, 2026.

MVP still keen on Maya public listing

Oct 28, 2026

MVP still keen on Maya public listing

Business tycoon Manuel V. Pangilinan said Wednesday the plan to offer fintech firm Maya's share to the investing public is still on the table.

Bukidnon tribe's arabica coffee gets nearly P98-M boost from World Bank

Oct 28, 2026

Bukidnon tribe's arabica coffee gets nearly P98-M boost from World Bank

A P97.91-million investment under a World Bank-funded initiative is expected to boost the coffee industry in the Daraghuyan Ancestral Domain in Bukidnon.

Chinese drug sector’s stature grows at major cancer conference

Oct 28, 2026

Chinese drug sector’s stature grows at major cancer conference

An array of Chinese drug makers showcased positive trial results for new cancer treatments at a major European medical conference, underscoring the expanding international influence of China’s biotech sector. Domestic innovative drugs, particularly antibody-drug conjugates (ADCs), delivered impressive data across multiple tumour types at the European Society for Medical Oncology (Esmo) Congress, with some early-stage data further showing the country’s “innovation capabilities”, said analysts...

With PH peso plunging to record lows, should Filipinos panic?

Oct 28, 2026

With PH peso plunging to record lows, should Filipinos panic?

The Philippine peso has hit a record low against the US dollar for the 33rd time.

Meralco customers face higher electricity prices amid peso depreciation

Oct 28, 2026

Meralco customers face higher electricity prices amid peso depreciation

Customers of the Manila Electric Company (Meralco) should expect electricity prices to go up as the continuing depreciation of the Philippine peso is seen to affect the power generation costs.

Peso gains vs. US dollar but remains at P64:$1 level

Oct 28, 2026

Peso gains vs. US dollar but remains at P64:$1 level

The Philippine peso closed stronger on Wednesday, albeit still at P64-to-one dollar level.

Why Hong Kong’s extensive I&T ecosystem and global connectivity appeal to top-tier talent

Oct 28, 2026

Why Hong Kong’s extensive I&T ecosystem and global connectivity appeal to top-tier talent

Talent recruitment and development are playing a prominent role in Hong Kong’s long-term development strategy as it looks to lure skilled professionals from around the world to drive growth in its key industries. In his first five-year plan announced last month, Chief Executive John Lee Ka-chiu highlighted Hong Kong’s commitment to leveraging its advantages as an international city, strengthening its position as a global hub for high-calibre talent, and attracting skilled professionals to serve...

China’s hybrid car exports to EU up 200%; response to Tesla’s ‘flying car’: 7 EV reads

Oct 28, 2026

China’s hybrid car exports to EU up 200%; response to Tesla’s ‘flying car’: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. BYD to build new factories in Europe to beat trade barriers aimed at Chinese EVs China’s BYD will build new factories in Europe for a bigger market share, as the world’s largest electric vehicle (EV) maker faces fiscal support pullback at home and rising trade barriers overseas,...

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