China should consider alternatives for Australian iron ore as trade tensions simmer, analyst says
Beijing has spared iron ore from Australia so far, but one analyst says that it now needs to consider diversifying its supply of the key commodity.
CNBC Asia
Apple shares rise on report it'll boost iPhone production 30% next year
Apple shares surged by up to 4% after Nikkei reported that iPhone production is set to rise by 30% in the first half of 2021.
Asia-Pacific stocks dip as coronavirus resurgence concerns drag on vaccine optimism
China's industrial production grew 7% year-on-year in November, the country's National Bureau of Statistics announced Tuesday.
More people are doing their holiday shopping online and this trend is here to stay
A report from McKinsey showed 37% of respondents said they intended to spend more online during the holidays this year than they did in 2019.
Watch live: New York Gov. Andrew Cuomo holds press briefing as Covid vaccine rollout begins
Pfizer's vaccine is the first authorized in the U.S. to prevent Covid-19, which has killed nearly 300,000 Americans in less than a year.
Asia-Pacific stocks mixed as investors react to Pfizer's vaccine approval
The Bank of Japan's quarterly tankan survey showed on Monday business sentiment in Japan improving in the three months to December.
The Australian dollar is surging on record iron ore prices as tensions with China climb
China buys much of Australia's iron ore, which has been spared in deteriorating relations that pummeled many of Australia's exports to the Asian country.
One key part of China is behind in the economic recovery
While China is on its way to growth this year, data show consumers are still under pressure from uncertainty about their future income.
Watch live: New York Gov. Cuomo holds a press briefing as state prepares to distribute Covid vaccine
New York Gov. Andrew Cuomo is scheduled to hold a press briefing Friday on the coronavirus pandemic as the state prepares to receive a Covid vaccine.
Watch live: World Health Organization holds press conference on the coronavirus outbreak as the U.S. is poised to clear Pfizer vaccine
The briefing comes as U.S. regulators say the authorization of Pfizer's Covid-19 vaccine is imminent.
Banks face two major risks in 2021, says CEO of Singapore’s largest bank DBS
Piyush Gupta, CEO of Singapore's DBS, said rising defaults and ultra-low interest rates will be two major headwinds confronting banks next year.
South Korea's Kospi index gains 0.86% in a mixed session for Asia-Pacific markets
Investors kept an eye on negotiations in the U.S. over a coronavirus relief package as well as post-Brexit trade talks between the U.K. and the EU.
Biden picks longtime China critic Katherine Tai as top U.S. trade official
Tai would inherit a Cabinet-level position tasked with enforcing import rules and brokering trading terms with China.
Trump officials hit out at China as presidential transition looms in the U.S.
U.S. Trade Representative Robert Lighthizer said one of President Donald Trump's achievements was showing that there's a "major issue" with China.
Fitch upgrades its China growth forecast for 2021
Fitch Ratings raised its forecast for China's economic growth next year based on increased domestic demand and expectations of coronavirus vaccine deployment.
After 'cruise to nowhere' returns early, Singapore says passenger does not have Covid
The passenger was aboard Royal Caribbean's Quantum of the Seas that set sail on Dec. 7 for a round trip to the city-state with no port of call in between.
Asia-Pacific markets lower as investors keep an eye on Brexit talks, U.S. stimulus hopes
A three-hour meeting between U.K. and European Union leaders on Wednesday evening failed to break an impasse in Brexit trade talks.
SoftBank shares surge 7% after a report says it's considering going private
Shares of SoftBank climbed by as much as 7% after Bloomberg reported that the Japanese tech fund is considering going private.
Watch live: New York Gov. Andrew Cuomo holds press briefing on Covid response
"We are looking at hospitalization capacity, and if we don't get the rate under control, you are going to overwhelm your hospitals. We will have to go back to shutdown," he said Monday.
Oxford-AstraZeneca Covid vaccine to immunize the planet 'more effectively,' Lancet editor says
The Oxford-AstraZeneca vaccine has a "distinct comparative advantage" over other leading candidates, according to the editor-in-chief of The Lancet.
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