CNBC World News

"The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That's only become more clear," said StanChart's CEO Bill Winters.

Suga, 71, Abe's longtime right-hand man, has pledged to pursue many of Abe's programs, including his signature "Abenomics" economic strategy, and to forge ahead with structural reforms, including deregulation and streamlining bureaucracy.

Apple supplier stocks in the region will be watched by investors after the Cupertino-based tech giant on Tuesday announced new devices and services, including a new Apple Watch and two new iPad models.

In the next 5-10 years, interest rates will normalize and companies will face "plenty of headwinds" that put pressure on earnings, said Blackstone's Executive Vice Chairman, Tony James.

In places where there are no or only few new cases of the virus, "the decision to close schools should be a last resort," WHO Director-General Tedros Adhanom Ghebreyesus said.

After boosting the price range for its highly-anticipated IPO to between $100 and $110, Snowflake is selling shares at an even higher price of $120.

Total exports fell 14.8% year-on-year in August, highlighting the immense task that Yoshihide Suga, who is assured to be elected prime minister later on Wednesday, faces in driving an economic recovery.

President Donald Trump denied that he had downplayed the threat of the coronavirus, claiming he "up-played" the danger of the disease through his actions.

Sanjiv Misra of Clifford Capital Holdings said the bifurcation between the health of the global economy and the state of the capital markets bothers him.

A three-person panel of WTO trade experts said Washington broke with global regulations in 2018 when it slapped more than $200 billion in levies on a slew of Chinese goods. Since March 2018, the United States has imposed tariffs on $400 billion in Chinese exports.

Singapore residents with an Apple Watch can use a new LumiHealth app to earn rewards of up to $380 Singapore dollars — about U.S. $280 — for activities like meditation, walks, swimming, better quality sleep, as well as public health actions like getting immunized.

For the first time, the Apple Watch can fulfill the Dick Tracy vision of a standalone phone on your wrist. The Family Setup feature is geared toward kids without phones, but it's a first step toward total independence.

The move was triggered by a border stand-off with China in the snow deserts of Ladakh that began in May and escalated in June into hand-to-hand combat. Twenty Indian soldiers were killed while China suffered an undisclosed number of casualties.

"We do see good antibody levels both in the phase one and the phase two (trials), so we're pretty hopeful," Gates told CNBC.

The coronavirus has infected more than 29.3 million people globally as of Tuesday, killing at least 929,171 people so far.

The data comes after figures released last month revealed that, from March to May, employment in the U.K. had seen its largest quarterly fall in over a decade.

Amazon said in June that its air fleet now totals about 70 planes, up from a total of 50 in Feb. 2019.

More than a dozen celebrities including Kim Kardashian West, Katy Perry, Michael B. Jordan and Ashton Kutcher said they will participate in a 24-hour Instagram "freeze" on Wednesday as part of the "Stop Hate For Profit" movement.

Stocks rose, building on the strong performance from the previous session, on the back of broad market gains and solid economic data.

The normalization agreements are the first signed between Israel and Arab states since the peace accords with Egypt in 1979 and Jordan in 1994.