Samsung's 'better than feared' earnings spur chip stock rally
Samsung's second quarter earnings guidance, which provided relief for investors, helped drag up shares of chipmakers TSMC, UMC and SK Hynix.
CNBC Asia
Japanese stocks give up most gains after reports that former PM Shinzo Abe was shot
Japan's stocks gave up most gains on reports that former Japanese Prime Minister Shinzo Abe was gravely injured in an apparent shooting.
Beijing city walks back plan to tighten Covid vaccine requirements — after just one day
After "misgivings" among locals about a Covid vaccine requirement, state-run Beijing Daily published a report on the rules that removed mention of that mandate.
Florida Gov. Ron DeSantis plans Utah fundraiser with GOP megadonors, signaling possible presidential run
DeSantis hasn't declared his candidacy for president, but he also hasn't ruled it out. In a recent interview on Fox News, he didn't nix the idea.
Top SoftBank exec steps back from role at Vision Fund as pressure mounts on investments
SoftBank's Vision Fund strategy has come under heavy criticism and pressure amid a string of bad bets and a crash in technology stocks this year.
How a former Lehman Brothers banker turned the tables and built a pandemic-proof business
Declan Ee's experience in investment banking, where he "saw many blow-ups," has taught him a thing or two about running his own business.
South Korea stocks lead gains in Asia as investors react to Fed minutes
Federal Reserve officials recognized that a "more restrictive stance" in policy could be suitable if inflation doesn't ease, the meeting minutes said.
Malaysia fuel subsidies offer some reprieve from inflation, says economist
Malaysia is in an enviable position because fuel subsidies have shielded households from higher oil prices, according to an economist from Oxford Economics.
Soaring rents and electricity prices are squeezing Singapore retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar.
Toyota hits electric-vehicle sales milestone, joins Tesla and GM in triggering phaseout of tax incentives for buyers
The phaseout of the credit for Toyota customers is expected to be complete in October 2023, the company said Wednesday. The phaseout will begin Oct. 1.
GM reports worst sales in China since onset of Covid-19 lockdowns
The Detroit automaker said it only sold 484,200 vehicles during the second quarter in China, its largest market globally.
Greater China stocks fall as Covid concerns resurge; Asia-Pacific markets fall
Greater China stock indexes led losses as Covid concerns resurge, while Asia-Pacific markets traded lower on Wednesday.
Wrong time to get bullish: Top investor warns deflating tech ‘bubble’ far from over
Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming - and it's a concept investors fail to grasp.
More parts of China battle Covid and threats of lockdown as cases spike again
Just days after China relaxed some Covid controls, virus cases in different parts of the country have put new regions on alert.
South Korea stocks lead gains as most Asia markets rise; Reserve Bank of Australia hikes rates
Shares in the Asia-Pacific mostly rose on Tuesday as the Reserve Bank of Australia hiked interest rates in line with expectations.
Thailand ends almost all travel restrictions — but one key rule remains
Travelers now need only one Covid-related document to enter Thailand — either a vaccination certificate or proof of a negative PCR or antigen test.
Asia-Pacific markets are mixed as investors search for direction
Australian stocks rose more than 1% while Hong Kong and South Korean markets were lower on Monday.
Chinese company's purchase of North Dakota farmland raises national security concerns in Washington
The purchase of 300 acres of bucolic farmland in North Dakota is raising national security concerns over the buyer: Chinese food ingredient maker Fufeng Group.
Japan leads losses in Asia markets; private survey shows China's factory activity expanded
Asia-Pacific markets reversed gains and fell on the first day of the new quarter as investors digested factory activity data from a private survey in China.
China's Xi says Hong Kong is moving 'from chaos to governance'
Chinese President Xi Jinping on Friday laid out a future for Hong Kong, embedded firmly within the goals of the central government on the mainland.
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