
Emerging Asian Bonds Gain Appeal as US Tariffs Cool Inflation
Focusing more on local production could contain inflationary pressures. That also comes at a time when the region's long-dated yields — adjusted for inflation — are above historical averages, according to data compiled by Bloomberg. Attractive valuations and subdued inflation are likely to boost the appeal of Asian fixed income.
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Yahoo
9 minutes ago
- Yahoo
Scale Hits New High: HNC 2025 Concludes with Resounding Success, Driving a New Wave of Health Industry Upgrades
SHANGHAI, July 18, 2025 /PRNewswire/ -- Jointly organized by the China Chamber of Commerce for Import & Export of Medicines & Health Products and Sinoexpo Informa Markets, the "Healthplex Expo 2025, Natural & Nutraceutical Products China 2025" (HNC 2025) was successfully held from June 24 to 26 at the National Exhibition and Convention Center (Shanghai). The HNC 2025 once again achieved a historic breakthrough in scale, winning high praise from all participants. Held concurrently with Hi & Fi Asia-China, ProPak China & FoodPack China, and Starch Expo, the HNC built a business platform integrating the entire industry chain from upstream ingredient supply to end-product distribution. The total exhibition area exceeded 200,000 sqm, bringing together more than 2,500 exhibitors from around the world. Meanwhile, 93,080 professional buyers from 137 countries and regions attended the shows for business exchange and negotiation — a year-on-year increase of 21.2% — fully showcasing the latest achievements and future directions of the health industry, and highlighting its tremendous vitality and boundless potential. The HNC deeply aggregates global resources and builds an industry ecosystem for collaborative development. This year's HNC not only gathered leading enterprises from across China but also attracted industry leaders from more than 30 countries and regions, including Australia, New Zealand, Italy, South Korea, Japan, Malaysia, the United States, Canada, Singapore, Spain, Norway, etc. National pavilions and exhibitors from Italy, Spain, Slovenia, the United States, and Japan made their debuts in China at the exhibition. Local delegations from across China also demonstrated their regional strengths — for example, Jilin pavilion featured its renowned ginseng and antler products, while Xizang pavilion presented its unique highland resources and premium wellness treasures. Both domestic and international exhibitors displayed a diverse range of products and solutions spanning nutritional and health supplements, imported dietary supplements, traditional tonic foods, health foods and beverages, anti-aging beauty products, emotional healing solutions, weight management products, healthcare devices and equipment, as well as third-party professional services. As a vital platform for information exchange, product launches, technology discussions, and market expansion in the health industry, HNC continues to attract a growing number of domestic and international companies, driving deeper collaboration and development across the global health and nutrition sector. Staying true to the innovative spirit of HNC, the exhibition spotlighted trending topics such as sports nutrition, aromatherapy, health foods and beverages, and the medicine and food homology, and curated several themed zones. Highlights included the brand-new "Hi Energy Camp", "Healing Workshop", "Light Wellness Awakening • Food & Beverage Festival", as well as the fully upgraded "TCM Nutrition Zone." These zones combined product showcases, competitions, and immersive experiences, while also collaborating for the first time with Douyin E-Commerce, the leading interest-based e-commerce platform, to offer brands live-streaming sales channels. This cross-ecosystem partnership empowered multiple brands to drive GMV growth and create best-selling products, putting innovative practice into action to boost domestic health consumption and reshape the health ecosystem through category evolution. All activities received enthusiastic feedback from onsite participants. As an industry hub for insights and exchange, the HNC 2025 also hosted more than 50 high-caliber industry events, reaching a new high in scale. The agenda covered professional industry conferences and forums, new product launches, international brand exchanges, innovative interactive experiences, business matchmaking, etc. Hot topics included weight management, applications of medicine and food homology, probiotic research, regulations and market trends for foods for special medical purposes (FSMPs), development of low-GI and whole-grain products, brand building and marketing strategies, hit product incubation, cross-border e-commerce strategies, nutrition across the life cycle, etc. Major events included the 14th Nutraceutical Industry Development Conference (NIDC), The 19th Innovation Hub for Nutrition and Health Food, The 2nd Jilin's Changbai Mountain Ginseng Health (Shanghai) Forum & Related Industry Economic and Trade Matchmaking, 2025 Industry Forum on Medicine and Food Homology, NutriGlobal 2025: Private Advisory Forum for Supply Chain Innovation in China's Health Market, among others. These sessions, held in both Chinese and bilingual formats, gathered government officials, industry association leaders, research experts, and business executives, who shared forward-looking insights and engaged in in-depth exchanges with attendees onsite. Meanwhile, to enhance the efficiency and precision of connections between exhibitors and channel partners, the HNC meticulously organized five targeted business matchmaking sessions onsite. Well-known MCN agencies were specially invited, along with top e-commerce influencers and leading private-domain group leaders, to source new products. Major offline supermarket chains and pharmacy chains also actively participated in the matchmaking sessions. Through this kind of business matchmaking model, broader and more diversified market channels are opened up for exhibitors. To enrich the overall experience for visitors, the HNC significantly upgraded its "Discovery Tour" interactive activity, carefully planning three themed tour routes: Beauty & Anti-Aging, Weight Management, and Tonic Food. Visitors showed great enthusiasm by checking in at booths to learn about the latest products and solutions under each theme. In addition, the HNC launched an all-new immersive cultural experience project called "Trendy Herbal Shop", showcasing the integration of food-medicine homology traditions, as well as a limited-time "Seal-Collecting Tour" activity, which added vibrant fun and cultural depth to the exhibition. The HNC 2025 in Shanghai has come to a successful close. The organizers would like to extend our heartfelt thanks to all exhibitors, professional visitors, partners, and media friends for their invaluable support and enthusiastic participation. Looking ahead, the next stop for HNC will be the "Healthplex Expo, Natural & Nutraceutical Products Shenzhen 2025" (HNC Shenzhen 2025), taking place from December 16 to 18, 2025, at the Shenzhen World Exhibition & Convention Center. Next year at the "Healthplex Expo 2026, Natural & Nutraceutical Products China 2026" (HNC 2026) in Shanghai, we expect to see you again from June 15th to 17th, 2026. We look forward to reuniting with colleagues from the global health and nutrition industry to share the grand occasions, and to jointly write an even more brilliant new chapter for the health industry. CONTACT USSINOEXPO INFORMA MARKETSEmail: HNCEXPO on Facebook / LinkedIn / X View original content: SOURCE Sinoexpo Informa Markets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
Mitsubishi-Fuso launches major global hiring campaign
Japanese commercial vehicle manufacturer Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has launched its largest-ever global 'mid-career' recruitment campaign, involving countries in Asia, the Middle East, and Europe. The company, a majority-owned subsidiary of Germany's Daimler Truck AG, is looking to recruit mainly professional staff ahead of its planned merger with Hino Motors. MFTBC is 89.29%-owned by Daimler Truck AG, with the remaining 10.71% of its shares held by various Mitsubishi group companies. The merger with Hino is scheduled to be formally completed at the end of the current fiscal year, in March 2026. MFTBC confirmed that more than 300 new permanent positions have become available at its operations in Japan, the United Arab Emirates and Portugal, in the areas of research and development (R&D), supply chain and quality management, procurement, international sales and aftersales, IT, finance, legal and compliance, and human resources. The truck-maker said that it aims to strengthen the Fuso brand ahead of the company's merger with Hino, with more jobs expected to be created globally after the merger is completed, as the global commercial vehicle industry tackles the challenges associated with CASE technology trends and driver shortages. MFTBC said it has a diverse global workforce, with staff of more than 65 different nationalities employed in approximately 170 markets worldwide. The company also claims to be the first automaker in Japan to introduce remote working, in 2014, and currently offers employees in Japan the option of 'flex time' and remote working. "Mitsubishi-Fuso launches major global hiring campaign" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.


New York Times
11 minutes ago
- New York Times
‘Big money, big times' as Bills' new stadium harkens memories of 1970s rollout
ORCHARD PARK, N.Y. — No need to consult an inflation calculator. We've done the math for you. But if you want a quick reminder of how much things have changed since the last time the Buffalo Bills opened a new ballpark, then we can simply refer to Page 4 of the first game program. That's right: You could buy a brand-new Datsun 1200 Fastback from Tunmore Oldsmobile for $2,195. Advertisement That was August 1973, when Rich Stadium opened in Orchard Park. It cost $22 million to build, which would be $174.2 million in today's dollars, almost exactly half of what the Cleveland Browns paid to all their players last year. At a working figure of $2.2 billion, the stadium being erected across Abbott Road is projected to cost 13 times as much as the adjusted-for-inflation total it took to build the previous one. But the stadium number Adam Ziccardi considers totally kablooey pertains to the job he once held. Ziccardi was the Bills assistant ticket director when they transitioned from War Memorial Stadium in the city to Rich Stadium in the suburbs. Buffalo's ticket office back then handled the task with four people in the span of four months. The most recent Bills team directory listed 20 people in the ticket department, six of them with titles of 'director' or higher. Then the Bills in 2021 contracted Legends Global Partnerships to pick up additional sales needs, an army of 44 more to help over five years until the stadium opens in 2026. While not all 44 troops are directly selling tickets, the most recent Bills front office directory (the team has scrubbed a rundown of every position and name from its website, but an archived version from December exists) shows Legends added a sales director, two ticket sales managers, four PSL coordinators and 19 account executives among the crew. So let's say 50 people are currently selling Bills PSLs and tickets and suites. 'That is definitely crazy,' Ziccardi said from his retirement home in North Carolina. 'Sounds like, with that many people, they got one person for each section of the stadium. 'Big money, big times.' Rich Stadium, although eventually downscaled, opened with a gargantuan inventory of 80,023 possible seats compared to The Rockpile's 46,206 at-the-seams capacity. And the turnaround was swift. Dignitaries broke ground in April 1972 with one last season planned in the city. Advertisement Yet there were no guarantees Rich Stadium would be completed in time for the 1973 campaign. The final 1972 game program mentioned nothing about a farewell. The Bills in January 1973 requested a provisional, one-year lease extension for The Rockpile just in case. Four months later, the Bills still were worried enough to pay $5,000 to resod the neglected, patchy field because their new home might not be ready. But as soon as the 1972 season ended with a 4-9-1 record and a sixth straight failure to reach the playoffs, Ziccardi and his crew couldn't wait around. Season tickets for the as-yet-unnamed stadium had to be sold. While the current Bills have a battalion, the 1972-73 staff was a lean, mean dialing machine. Ziccardi worked with ticket director Jim Cipriano and staffers Pat Shaughnessy and Adrianne Kolesar at the team's 69 W. Mohawk St. office. Working off index cards, they phoned season-ticket holders in order of seniority and told them their options: stay in roughly the same seat or upgrade to the club level. 'I had the lucky privilege of numbering the whole damn stadium,' Ziccardi said. 'The architect gave me the sections and how many rows there were and how many seats in each. I made the seating charts and numbered each seat. As people would take the seats, we would X them out, write up the change order that would go into the computer, and that would put them in the seat so it couldn't be given to somebody else. 'We called everybody, working from 8 in the morning until 10 or 11 at night, seven days a week. It was a real effort, but we got it done. I think we were done by April or May.' As Ziccardi recollected, Bills vice president Patrick McGroder and administrative assistant Bill Munson handled sales of 34 'business suites,' as they were called. Those cost $60,000 on a five-year lease. Advertisement As for courting new season-ticket holders, they essentially waited for their phone to ring. 'Exactly,' Ziccardi said. 'That was it. The stadium marketed itself.' That's nowhere near the case today. In addition to beefing up the personnel, selling for a significantly smaller stadium and years of transition time, the new PSL-based sales operation has been sweetened with the Bills Stadium Experience at 5110 Main Street in Williamsville. The initial budget to build the preview center in the Tony Walker Plaza — with touchscreens, intricate scale models and a virtual-reality theater — was $4 million. The Bills' promotional materials in 1973 consisted of a four-page folder on cardstock (the cutout cover showed the upper deck; open it up to isolate the club level and lower bowl) and a 16×20-inch poster of an artist rendering. Lower-level end zone season tickets went for $55 ($399 adjusted for inflation), corner stadium and club end zone for $70 ($508), sideline for $85 ($617) and club level for $120 ($871). Oh, you also could borrow from the Bills a 16 mm highlight film, 'A Year to Cheer,' for your stag parties, smokers, church groups and any other 'organization of 25 or more persons and is free of charge.' But you had to supply the sound projector and screen. 'It was so unsophisticated, even as recently as the 1980s,' Rice University sports management professor Tom Stallings said. 'You would just call in, and the reps would be more for service than for sales.' Stallings formerly sold group and season tickets for the Houston Astros and was an award-winning executive with the Houston Aeros of the International Hockey League before entering academia. One of the classes he teaches at Rice is sales and revenue generation in sport. With so much money on the line in the major leagues, especially the NFL, all these sales reps are not overkill in the 21st century. Advertisement 'Every year, you've got to do more and more,' Stallings said, 'because people have so many options on how to spend their money and how to watch the games. Do I want to buy season tickets and force myself to go to 10 games, including the preseason which nobody cares about anyway, or sit on my couch and watch everything in high-definition with no restroom lines and beer in my fridge? 'There are retention reps. There's ticket ops. Some are new-sales reps. There are sales assistants. You have premium reps. There are inside-sales reps that always try to upgrade existing customers. They all have specialties. 'You break your staff up into hunters and farmers. The farmers are great at retention. They grow the business. Then there are your hunters, who are always looking for the companies that don't have tickets with us and why not. Who should we be going after? It's not like they have 20 people all doing the same thing.' PSLs add another important dimension to the Legends dynamic. Buffalo is one of the last big-league markets to mandate these licenses, and potentially aggravated fans need to be educated about why they're inevitable. By all accounts, Legends is doing well in this regard. Bills executive vice president and chief operations officer Pete Guelli repeatedly has remarked how swimmingly the PSL rollout has gone for the new Highmark Stadium. 'It's all to maximize that golden opportunity for sales,' Stallings said. 'That's the big picture. This stadium didn't come free. You have to pick up the prices somehow. People might say 'No,' but the team will just go find someone else who will say 'Yes.' That's just the way it is.' The first seats at New Highmark Stadium have been successfully installed. 😍 | #BillsMafia — Buffalo Bills (@BuffaloBills) May 10, 2025 Stallings said breaking down PSL information for Bills fans is 'Real World 101.' Ziccardi called it something else. 'It's gouging,' said Ziccardi, who grew up in East Lovejoy and worked for the Bills until 1987. 'I don't like it. To make someone pay 10 grand or whatever they're asking before they even buy a ticket? There's more than enough TV revenue. Even when I was there, Ralph didn't spend a dime because TV was enough. The owners got a check from TV that paid all their expenses, and everything else went into the owners' pockets. Advertisement 'Revenues and player salaries are all higher, but it's all a mathematical equation, a percentage that guarantees massive profits.' Definitions of what's sufficient, what's fancy, what's unnecessary and what's overkill have changed in the past 52 years. The April 1973 edition of the 'Buffalo Bills Bulletin' fan newsletter trumpeted the luxuries of the stadium that was being built. 'Every one of the 80,000 seats will have an unobstructed view of the playing field,' the front-page article read. 'The seats are individually contoured aluminum with comfortably contoured backs. The new club level seating can be described as chair-style seating with arm rests.' The Buffalo Courier-Express reported in August 1973 that 'Wisely, the designers built the benches hanging in mid-air, with no legs, giving the fans a convenient place to stash their coats and stadium blankets.' That, of course, was at a time when many of the program ads featured fans wearing neckties. What happens under those seats today is no place to put anything you don't plan on fumigating later. And let's not forget the $1.25 million scoreboard 'composed of a set of nearly 10,000 light bulbs … The scoreboard will combine sight and sound with vivid, high-definition images, all created with modern computer techniques.' Imagine that. 'People weren't really excited about it like they are this new one,' Ziccardi conceded. The Bills, more or less, simply shuttered The Rockpile and told fans not to forget to show up in Orchard Park next season. Rich Stadium's rollout was minimal, partially due to concerns it wouldn't be completed in time, but also because ballparks back then were more utilitarian than loaded with accoutrements. Even so, Ziccardi and his skeleton crew sold a whopping 52,474 season tickets for Rich Stadium's launch and in 1974 raised the total to 54,146 – a club record until 1991, the year after their first Super Bowl appearance. 'If they went to the Super Bowl this year, imagine how high the season tickets would climb,' Ziccardi said. 'The prices would be absolutely astronomical. 'But they would sell out. That's just how Buffalo is.'