Singapore raises 2021 economic growth forecast as Covid vaccination progresses
The upgrade comes as the Singapore economy grew 14.7% in the second quarter of 2021 from a year ago.
CNBC Asia
China's Covid lockdown could have economic costs to the world, says strategist
China's tough Covid-19 measures to combat an uptick in daily cases would hold back economic growth and hit markets, said veteran strategist David Roche.
Asia-Pacific stocks mostly rise; South Korean game developer Krafton slumps on debut
The Dow Jones Industrial Average and S&P 500 declined from records overnight.
Asian countries try a new strategy to get people on board with vaccines: Free prizes
In a race to get more people vaccinated, businesses and local governments are coming up with creative ways to encourage those who are still hesitant.
The world is nowhere near the end of the Covid pandemic, says famed epidemiologist Larry Brilliant
The delta variant of Covid-19 is extremely contagious, noted epidemiologist Larry Brilliant. Relatively few worldwide have gotten the coronavirus vaccine.
Asia-Pacific markets trade mixed as oil prices tumble more than 3%
U.S. crude was down 3.49% at $65.9 a barrel while global benchmark Brent fell 3.34% to $68.34.
Alibaba fires manager accused of sexual assault; CEO calls for change after 'shameful' incident
Over the weekend, a female employee wrote a post on Alibaba's intranet accusing her supervisor Wang Chengwen and a company client of sexual assault.
Google billionaire Larry Page has been granted New Zealand residency
Larry Page, the billionaire Google co-founder, has been granted residency in New Zealand and spent time in the country during the pandemic.
U.S. is concerned about China's growing nuclear arsenal, Blinken tells Southeast Asian officials
A report from the American Federation of Scientists has concluded that China was building more than 100 missile silos.
Singapore to start relaxing Covid restrictions Aug. 10 as vaccination rate rises
Around 67% of Singapore's population has received two doses of Covid-19 vaccine, said Health Minister Ong Ye Kung.
Asia-Pacific markets mixed as investors await U.S. jobs report; South Korea's Kakao Bank jumps in debut
Shares of South Korea's Kakao Bank surged in their Friday debut, rising nearly 80% from the issue price.
Ethereum mining will soon be obsolete, as 'London' update moves key deadline to December
Ethereum Improvement Proposal 3554 activated today, and it could be a game changer when it comes to the future of ethereum mining.
Singapore's largest bank reports 37% on-year jump in second-quarter profit, beats expectations
DBS Group Holdings' net profit for the April-to-June quarter jumped 37% from a year ago to 1.7 billion Singapore dollars ($1.26 billion).
Asia-Pacific stocks mixed; Chinese online gaming stocks come under pressure again
Investors monitored Hong Kong-listed shares of firms related to the Chinese video game sector after China's state media once again took aim at the industry.
Adidas raises outlook despite falling sales in China as boycott there continues
The German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.
From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise
Economists are concerned that strict measures by the government to control the Covid-19 outbreak would hurt the Chinese economy.
Why Nvidia’s $40 billion bid for Arm could be in jeopardy
Nvidia's $40 billion bid to buy U.K.-based chip designer Arm from Japan's SoftBank has started to look increasingly uncertain.
Asia stocks rise after private survey shows growth in China's services activity
The Caixin/Markit services Purchasing Managers' Index for July came in at 54.9 on Wednesday, up from June's reading of 50.3.
Consortium prepares bid to buy the UK’s biggest chip plant back off Chinese-owned Nexperia
A consortium is raising money to fund a potential bid for Newport Wafer Fab, according to a person familiar with the situation.
Chip plant says it has not heard anything from UK government on national security probe
The U.K. government has not informed Newport Wafer Fab that its sale to Nexperia is under investigation, according to two sources close to the company.
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