Hong Kong, Taiwan fall more than 1% each as Asia-Pacific investors watch Covid situation in India
Markets in China, Japan, and Thailand were closed on Monday for holidays.
CNBC Asia
Philippine foreign secretary directs unusually aggressive tweet at Beijing over South China Sea
In a tweet, Philippine Secretary of Foreign Affairs Teodoro Locsin Jr. accused China of straining its "friendship" with the Philippines.
UNICEF chief urges the world to help India ‘now’ as Covid cases soar
Asked if she had a message for global leaders today, UNICEF Executive Director Henrietta Fore said: "Well, help us now."
U.S. to discuss wider Covid vaccine licensing as India calls to waive patent protections
White House Chief of Staff said that the Biden administration will have more to say on the matter in the coming days.
No turning back for these ‘slashies’ who gave up stable jobs to take on multiple careers
A "slashie" is someone who pursues multiple careers in lieu of holding a traditional full-time job, and more people appear to be choosing this path.
Asia-Pacific markets broadly lower as investors turn cautious
Friday's session followed an overnight session on Wall Street where major U.S. indexes finished higher.
Singapore reports highest number of Covid cases in the community in nine months
Singapore's health ministry reported 16 new locally transmitted coronavirus cases on Thursday, the highest number since mid July.
Asia-Pacific stocks mostly higher; Fed keeps interest rates near zero
The U.S. Federal Reserve on Wednesday decided to leave short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month.
Biden calls for the U.S. to become more competitive against a 'deadly earnest' China
Chinese President Xi Jinping is "deadly earnest on becoming the most significant, consequential nation in the world," Biden said in a speech to Congress.
India could soon have another locally developed vaccine as the deadly Covid crisis shows no signs of slowing
Drugmaker Cadila Healthcare, which is also known as Zydus Cadila, is conducting phase three clinical trials on 28,000 people.
Samsung family announces plans to pay off more than $10 billion of inheritance tax
The family of late Samsung Group Chairman Lee Kun-hee said Wednesday they will be paying off their massive $10 billion inheritance tax bill over five years.
Asia-Pacific stocks mixed as investors digest economic data from Australia, Japan
Shares in Asia-Pacific were mixed in Wednesday morning trade after a slew of economic data.
India reports record new cases and fatalities, official Covid death toll surpasses 200,000
Government data showed at least another 3,293 people died, while overall cases also rose by a record 360,960 reported infections.
Starbucks faces more competition from local beverage brands in China, its biggest market outside the U.S.
Investors in China are stepping up their bets that locals will buy more beverages that aren't from Starbucks.
MIT researchers say time spent indoors increases risk of Covid at 6 feet or 60 feet in new study challenging social distancing policies
The CDC and WHO guidelines fail to factor in the amount of time spent indoors, which increases the chance of transmission the longer people are inside.
Asia-Pacific markets mixed; HSBC shares jump after reporting surge in first-quarter profits
Shares of HSBC in Hong Kong jumped 2% on Tuesday after the firm said its pre-tax profit rose 79% in the first quarter to $5.8 billion, topping expectations.
HSBC shares in Hong Kong up 2% after pre-tax profit in the first quarter beat expectations
The London-headquartered bank, which makes most of its revenue in Asia, said its reported profit before tax rose to $5.8 billion.
India's economy will likely contract this quarter as Covid cases soar, economists warn
Sonal Varma, India chief economist at Nomura, said GDP will shrink around 1.5% in the current quarter, and there is "downside risk" to this estimate.
E-commerce giant JD.com used China's digital currency to pay some employees
JD.com's use of the digital yuan highlights how China's central bank is increasing the scope of testing for its digital currency.
Asia markets mixed as investors monitor Covid situation in India
The Covid situation in India remains severe, with more than 350,000 new daily infections registered on Monday.
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