Hong Kong's Hang Seng jumps 3% as China cuts key lending rates; property, tech stocks soar
Markets in Asia-Pacific mostly rose on Thursday as China cut its key lending rates.
CNBC Asia
Exports could be key driver for China's growth as Covid drags down spending, say analysts
Despite global disruptions of supply chains during the pandemic, China's trade surplus in 2021 rose to US$676.43 billion.
Australia wouldn't let Novak Djokovic in, but backpackers are accepted with open arms
Australia is inviting backpackers because it wants to reduce labor shortages that have been made worse by Covid-19.
Foreign airlines cancel some U.S. flights despite 5G deal
ANA, Japan Airlines and Emirates were among the carriers that canceled flights over concerns new 5G service could interfere with some onboard systems.
Asia-Pacific markets fall after overnight sell-off on Wall Street; Sony shares tumble over 12%
The Dow Jones Industrial Average lost more than 540 points after Goldman Sachs shares sold off as the investment bank missed earnings expectations.
Cruise operator Genting Hong Kong files to wind up company as cash runs out
In a filing to the Hong Kong exchange, Genting said it will "imminently be unable to pay its debts as they fall due," as its liquidity dries up.
Political setbacks dent Modi's strongman image as India heads for crucial state polls
Abandoning controversial farm laws was one of Modi's biggest policy reversals since assuming power — and a lesson on the drawbacks to his strongman approach.
Asia-Pacific markets lose momentum as major indexes across the region decline
Japan's central bank left short-term interest rate target unchanged at -0.1%, in line with market expectations, but raised near-term inflation expectations.
China's Xi says countries must abandon 'Cold War mentality,' warns against confrontation
His comments come at a time of simmering tensions between China and the U.S. over Taiwan and as fears escalate over a possible Russian incursion into Ukraine.
China shares climb as official data showed economic growth topped 8% last year
Numbers from China's National Bureau of Statistics showed the Chinese economy grew by 8.1% in 2021, slightly below the market's expectation.
A Thai start-up is working on a Covid vaccine — using tobacco leaves
Thai start-up Baiya Phytopharm is working on a Covid-19 vaccine — using the leaves of an Australian tobacco plant.
Japan, Korean stocks lead losses; data shows China's exports beat expectations
Asia-Pacific stocks dropped on Friday as the recent rally in U.S. stocks broke momentum with the Nasdaq snapping a three-day winning streak.
Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group
UOB said it will acquire Citi's unsecured and secured lending portfolios, wealth management and retail deposit units in the four Southeast Asian markets.
India's third wave of Covid infections is expected to blunt growth in the near term
But the overall economic impact of the third wave of infections is expected to be less severe and less disruptive compared to the previous two waves.
Why Cuba's extraordinary Covid vaccine success could provide the best hope for low-income countries
Cuba remains the only country in Latin America and the Caribbean to have produced a homegrown shot for Covid.
Mainland China markets lead losses in Asia; TSMC's fourth-quarter profit rises to record
Chipmaker TSMC's net profit for the quarter rose to 166.2 billion Taiwan dollars ($6 billion) from 142.8 billion Taiwan dollars a year earlier.
U.S. sanctions 8 people and entities following North Korean missile launches
The Biden administration sanctioned eight people and entities for their work in developing weapons of mass destruction and ballistic missile-related programs.
Hong Kong's Hang Seng jumps more than 2% as tech stocks rally; China's December inflation slows
China's consumer and producer price index for December were released on Wednesday.
Novak Djokovic admits breaking Covid-19 isolation while positive and Australian travel declaration error
Novak Djokovic has admitted to making an "error of judgement" by attending an interview and photoshoot with a French newspaper after testing positive for Covid-19 last month.
FAA briefly grounded planes in Western U.S. as 'precaution' around time North Korea tested missile
The FAA said Tuesday that it briefly paused departures at some West Coast airports Monday evening. It's unclear if the action was connected to missile test.
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