Asia’s worst stock market last year is now one of the region’s top performers
Singapore's Straits Times Index ended 2020 as the worst performer in Asia, losing 11.8% last year.
CNBC Asia
Hong Kong is considering 'dual-class' share listings for non-tech firms, says official
The Hong Kong exchange has since 2018 allowed companies from "emerging and innovative sectors" to list with dual-class shares, or weighted voting rights.
Lexus unveils the LF-Z Electrified, a new concept EV symbolizing future lineup
Lexus is planning to introduce 20 new vehicles globally by 2025, at least half of which will be all-electric or electrified hybrid models.
Double mutation of the Covid variant in India risks spreading to other countries, doctor says
The new variant will not be limited to India, but will likely emerge in other parts of the world as well, said Dr. Kavita Patel of the Brookings Institution.
Asia-Pacific shares mostly rise; Nomura stock continues slide following Monday tumble
Shares of Nomura continued to see losses as they declined 0.66% on Tuesday. The firm's stock tumbled more than 16% on Monday.
Nomura had a 'stellar financial year' before it warned of potential $2 billion losses, analyst says
Nomura had a strong financial year until its announcement of a potential $2 billion loss at its U.S. subsidiary, says Pramod Shenoi, an analyst at CreditSights.
Myanmar is on the brink of becoming a 'failed state,' says expert from think tank
The country saw one of its deadliest day of violence over the weekend, with over 100 people killed and at least seven children killed on Saturday.
Facebook and Google reveal plans to build subsea cables between U.S. and Southeast Asia
Facebook and Google are planning to lay two huge subsea cables that will link the U.S. West Coast to Singapore and Indonesia.
Asia-Pacific stocks mixed; shares of Nomura plunge 16% after flagging potential $2 billion loss
Shares of Chinese video platform Bilibili slumped in their debut in Hong Kong on Monday, declining about 1% from their issue price.
Australia will 'vigorously defend' its wine industry against China, minister says
Australia will "never compromise" on its values, principles or sovereignty, says David Littleproud, the country's minister for agriculture.
A.I. researchers urge regulators not to slam the brakes on its development
AI researchers argue that there's little point in imposing strict regulations on its development at this stage, as the technology is still in its infancy.
China’s government bonds are in a ‘sweet spot' after sell off, says portfolio manager
Chinese government bonds offer higher yields and much lower volatility compared to U.S. Treasurys, said Wilfred Wee, portfolio manager at Ninety One.
Cheniere and Shell oil tankers change course to avoid Suez Canal as ships divert routes
At least ten ships are changing course as the Ever Given, one of the world's largest containerships, remains stranded across the Suez Canal along Egypt.
Suez officials hope massive container ship operational Saturday, can’t say when refloat will happen
The owners of the massive ship blocking the Suez Canal aim to refloat the vessel by Saturday night.
Suez Canal blockage is delaying an estimated $400 million an hour in goods
Lloyd's List values the Suez Canal's westbound traffic at roughly $5.1 billion a day, and eastbound traffic at around $4.5 billion a day.
Investors flock to European e-commerce start-ups hoping to take on Amazon
Venture capital firms and private equity investors are going wild for European e-commerce start-ups hoping to take on Amazon.
China's dual-listed tech giants lost $60 billion in market value over three days as delisting threats loom
As of their Friday close, $60 billion was wiped off the combined market cap of Alibaba, JD.com, Baidu and Netease in just three days.
Chinese electric car start-up Nio shuts factory for 5 days due to global chip shortage
Though the temporary shutdown will hit deliveries, Nio is on track for more car deliveries to start 2021 than rivals Xpeng and Li Auto.
Asia-Pacific stocks rise; Xiaomi surges in Hong Kong after report of electric vehicle partnership
Stocks in Asia-Pacific rose on Friday, with shares in mainland China and Japan among the biggest gainers regionally.
The U.S. will remain richer than China for the next 50 years or more, says economist
President Joe Biden said in his first official press conference since taking office that he will not let China become "the leading country" globally.
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