CNBC Asia

HSBC's reported profit before tax was $3.07 billion in the third quarter, better than the $2.07 billion that analysts had expected, according to estimates compiled by the bank.

The Japanese yen is unlikely to see a significant strengthening to 100 against the greenback, barring a "negative shock," according to Nikko Asset Management's John Vail.

Asia-Pacific stocks were mixed on Monday as new coronavirus cases surge in the U.S. as well in countries across Europe.

The military would have the "perfect rationale" to intervene if clashes between pro-democracy protesters and "counter protesters" grow, said Paul Chambers from Naresuan University's Center of ASEAN Community Studies.

The China State Administration for Market Regulation announced the recall of nearly 50,000 Tesla Model S and Model X cars.

The Chinese currency, also known as the renminbi, strengthened this week to levels against the U.S. dollar not seen in more than two years.

The U.S. Food and Drug Administration approved Gilead Sciences' antiviral drug remdesivir for the virus. The intravenous drug has helped shorten the recovery time of some hospitalized Covid-19 patients.

The deal resolves an issue that has weighed on CEO David Solomon since he took over from Lloyd Blankfein two years ago.

As Tesla ramps electric vehicle production in China and constructs a new auto factory in Germany, Elon Musk envisions 20-million EVs from the company. Getting there could mean going to India next.

The virus, like other coronaviruses, may eventually become present in communities at all times, scientists said.

The IMF on Wednesday downgraded its forecast for Asia-Pacific to -2.2% in 2020 — "the worst outcome for this region in living memory."

The IMF said the downgrade for Asia's economy "reflects a sharper contraction, notably in India, the Philippines, and Malaysia."

New York Gov. Andrew Cuomo is holding a news conference on Wednesday as the state continues to address clusters of coronavirus cases.

Shares of Cathay Pacific in Hong Kong jumped 2.27% after the company on Wednesday announced that about 5,900 employees will be laid off as part of a restructuring plan. The airline's subsidiary Cathay Dragon will also cease to operate with effect from today.

Tan Eng Chye, president of the National University of Singapore, has told CNBC that he does not foresee a return to pre-coronavirus learning.

A win for Democratic presidential nominee Joe Biden in the U.S. election next month could prove to be bullish for the Chinese yuan, analysts said.

China's latest one-year and five-year loan prime rates (LPRs) were left unchanged on Tuesday, in line with expectations from a majority of traders and analysts in a snap Reuters poll. At present, the one-year LPR sits at 3.85% while the five-year rate is at 4.65%.

China's third-quarter GDP grew 4.9% as compared to a year ago, according to data released Monday by the country's National Bureau of Statistics.

China might be looking more towards its domestic economy now, but its growth will continue to be crucial for the Asian region, analysts told CNBC.

Leisure travelers can travel between the two cities without undergoing a quarantine, said Edward Yau, Hong Kong's secretary for commerce and economic development.