Pinduoduo founder Colin Huang steps down as chairman
Colin Huang, the founder of fast-growing Chinese e-commerce giant Pinduoduo, has resigned as chairman.
CNBC Asia
Asia-Pacific markets mixed in cautious trade as Fed takes center-stage
One strategist said the dollar could jump if the Fed's post-meeting statement and Chair Jerome Powell's remarks are not deemed dovish enough.
Kim Jong Un's powerful sister sends warning to Biden administration as Blinken, Austin arrive in Asia
Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, sent an eerie message to President Biden and the U.S.
In his first trip to Asia, Blinken warns China not to use 'coercion and aggression' to get its way
Blinken's comments come a handful of days before he and national security advisor Jake Sullivan hold high-level, in-person talks with Chinese representatives.
UK pulls away from France and Germany on VC funding despite Brexit
U.K. tech start-ups raised a record $15 billion from venture capitalists in 2020, widening its gap with Germany and France, according to a Tech Nation report.
Asia-Pacific markets edge higher as investors wait for key central bank meetings this week
The Federal Open Market Committee is due to meet on March 16 and 17 and analysts say that is keeping markets cautious.
China's Xi Jinping says regulations need to close 'loopholes' as Beijing cracks down on tech
The latest comments come straight from China's top leader, Xi Jinping, indicating there is likely to be further action taken against the tech giants.
AstraZeneca vaccine halt could slow down Asia’s economic recovery, says economist
Issues around the AstraZeneca-Oxford vaccine could hurt global trade — that's bad news for Asia, said Steve Cochrane, chief APAC economist at Moody's Analytics.
Encrypted messaging app Signal appears to be blocked in China
Encrypted messaging app Signal has stopped working in China and is now only accessible by users of a virtual private network (VPN).
2 charts show how much the world depends on Taiwan for semiconductors
Taiwan's outsized role in chipmaking has come under the spotlight as a global shortage of semiconductors forced several automakers to halt production.
Bill Ackman, an early Coupang investor, donates his more than $1 billion stake to charity
Hedge fund manager Bill Ackman was an early investor in Coupang. Now, Ackman said he's donated his entire 26.5 million shares to three charities.
Germany, France, Spain and Italy become latest countries to suspend AstraZeneca vaccine over blood clot fears
The WHO has sought to downplay safety concerns, saying last week that there is no link between the shot and an increased risk of developing blood clots.
Singapore and Australia airline stocks surge after talks on air travel bubble
An air travel bubble would allow residents of Singapore and Australia to travel between both countries without the need for quarantine.
Asia-Pacific markets pare gains ahead of Fed meeting; Rakuten jumps 24%
The FOMC is due to meet on March 16 and 17 and some analysts expect the U.S. central bank to revise up its GDP forecast.
China's young people struggle to find jobs as unemployment rate holds at 13.1%
The unemployment rate for those aged 16 to 24 was 13.1% as of February, far above the national rate of 5.5%, the National Bureau of Statistics said.
Xiaomi shares spike 10% after U.S. judge blocks Trump-era restrictions on the Chinese phone maker
A U.S. judge granted Xiaomi a preliminary injunction against a government order that designated the firm as a Chinese military company.
Shares of Japanese tech giant Rakuten jump 20% after stake sale to Walmart, Tencent
Rakuten said it will raise $2.2 billion in capital by issuing new shares to Japan Post, Tencent and Walmart.
Chinese liquor stock that drew comparisons to bitcoin is clinging to 2020 gains
The biggest stock in the mainland Chinese "A share" market is a liquor company that analysts are betting on for the long term.
More countries suspend AstraZeneca vaccinations over blood clot fears: What we know so far
AstraZeneca has said the vaccine has been studied extensively during Phase 3 trials and peer-reviewed data confirms the shot is "generally well tolerated."
Japanese tech giant Rakuten to raise $2.2 billion by issuing new shares to Walmart, Tencent and Japan Post
Japanese tech giant Rakuten is planning to raise $2.2 billion from a host of big names to help it compete with its U.S. rivals.
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