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GEOPOLITICAL RISK + GLOBAL MARKETS

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GLOBAL RISK

North Korea Used Multiple-Rocket Launchers to Test Missiles -NYT

That would be far enough to reach major South Korean and American military bases, including those near the city of Pyeongtaek, about 60 miles south of Seoul.

CHINA RISK

HEADLINE OF THE WEEK >>Top anti-graft inspector at China's finance ministry under investigation for graft -The Straits Times

All you need to know about China’s sanctions on North Korea Beijing has slapped bans on some trade with its troublesome neighbour but with Pyongyang firing off yet another round of missiles on the weekend there’s debate over just how effective the curbs will be -SCMP

BEIJING MEETS BENTHAM>> The Dark Side of China's Tech Boom China’s tech giants are helping the state build a digital panopticon. -The Diplomat

PODCAST OF THE WEEK >> “How to Censor a Billion People” -Harvard on China (Podcast)

HONG KONG RISK

Is Hong Kong’s rule of law really under threat? Claims of political interference regarding the jailing of three student leaders involved in the Occupy protests strike at the very heart of Hong Kong’s identity -SCMP

JAPAN RISK

Tokyo freezes North Korea-linked assets, including in China and Namibia The Cabinet on Friday approved the imposition of new unilateral sanctions on a number of companies and individuals from China, Namibia and North Korea in a bid to further pressure Pyongyang over its nuclear and ballistic missile programs. -The Japan Times

Anniversary of China relations likely to be marked on Sept. 8 -The Japan News

TAIWAN RISK

Taiwan reiterates sovereignty over Taiping Island -Focus Taiwan

"Taiping Island is part of our country's territory," Taiwan's Ministry of Foreign Affairs

America Needs a Taiwan Strategy for the 21st Century The current framework for the trilateral relationship between Washington, Taipei and Beijing requires recalibration. -The National Interest

Former KMT chairwoman Hung slams ‘desinicization’ -Taipei Times

SOUTHEAST ASIA RISK

Deceptive lull in South China Sea -The Straits Times

China Is Weaponizing Water While much attention has been given to the nation’s fearsome new military hardware, a formidable component in its arsenal has largely escaped notice: dams. -The National Interest

As the U.S. steps back, Vietnamese wonder if China is taking control Domestically, China is one of the most sensitive issues for Vietnam’s. Much of the country’s small dissident community attacks the Communist Party on this issue, and perceived weakness regarding Beijing is often seen as its most vulnerable point. -The Washington Post

In Vietnam, Repression Threatens Growth A lack of democracy has an economic cost. -Bloomberg View

In Singapore, Chinese Dialects Revive After Decades of Restrictions -NYT

Cambodian - Japanese Ties: Preserving Cambodia’s Foreign Policy Autonomy Since the two nations signed a strategic partnership in 2013 trade and security cooperation has elevated. -ASEAN Today

APAC || GLOBAL MARKETS IMPACT + OPPORTUNITY

GLOBAL BUSINESS

China must improve business environment for manufacturing sector: Premier Li -Reuters

Here’s why incoming FDI is far more important to China than thought Accounting for just 2.5pc of the nation’s GDP, China doesn’t need FDIs – or so the thinking goes. Well, think again -SCMP

NOTA BENE >> Chinese Communist Party’s push for influence inside foreign firms stirs fears Companies are being pushed to amend their joint venture agreements to include language mandating CCP personnel be given management positions, that overhead expenses for such personnel be included in the company budget, and that board chairman and party secretary posts be held by the same person -Taipei Times

Cambridge University Press retains its honor -The Japan Times

Hyundai establishes new division to tackle slumping sales in China China sales of the group in July was down 37 percent on-year to 70,017 units -The Korean Herald

The carmaker said heightened Chinese consumer backlash over Seoul’s decision to deploy the US-led THAAD missile system caused the sales decline, with the fallout to persist in the second half of this year as well.

Missile Tension Deters Tourists From Visiting South Korea Travel to the nation plunged almost 41% -Bloomberg

Japan's Power Players Are Multiplying New electricity retailers offer discounts, bundled services, even credit cards. -BloombergView

Western Digital group to offer $17.4 billion for Toshiba chip unit -Japan Today

McDonald’s to shutter 169 outlets in India Fast food chain McDonald’s said on Monday it planned to shut all 169 of its restaurants in India’s northern and eastern regions, escalating a dispute with its local partner and potentially putting thousands of workers out of jobs. -Reuters

The U.S. company said it was “compelled” to take the action because its partner Connaught Plaza Restaurants Pvt Ltd (CPRL) had breached the terms of their franchise agreements.

Samsung heir's jailing heralds reform drive: Analysts -The Straits Times

FINTECH WATCH >> Razer ready to deliver on Twitter offer to PM Lee Razer chief Tan Min-Liang told The Straits Times yesterday that the company is now working on a proposal for a nationwide e-payment system that it intends to submit to the Prime Minister's Office in the coming weeks. -The Straits Times

China's JD.com invests in Indonesia's Go-Jek amid SE Asia push: sources -Reuters

JD in $500m joint venture talks with Thailand's Central Group This would see the Chinese battle for the Southeast Asia market heat up considerably, with a focus shifting west from Indonesia where JD has been concentrating its efforts. -Technode

Philippines says will lift Uber suspension if hefty fine paid -Reuters

GLOBAL MACRO

BOJ price goal looking like tall order / But companies not interested in more easing -The Japan News

China’s Misguided Exchange-Rate Machinations -Project Syndicate

PetroChina profit surges on higher oil prices PetroChina's revenue rose 32% to CNY975.91 billion from CNY739.07 billion, on higher prices of crude oil, natural gas and other products as well as an increase in sales volume, it said. -MW

The New Thing in Chinese Oil? America There's a new kid on the block, muscling in on crude sales to China. America is rapidly carving out a niche for itself, stepping in to fill the gap left by falling supplies from OPEC countries. -Bloomberg

Third time lucky for Hong Kong bourse as gold futures trading gets off to a glittering start The two new gold futures has over 29,074 contracts in their first seven weeks of trading, which has helped stock brokers to diversify their income source. -SCMP