Goldman Sachs says India will overtake the U.S. to become the world's second-largest economy by 2075
India is poised to become the world's second largest economy by 2075, overtaking the U.S., Japan and Germany, Goldman Sachs forecasts.
CNBC Asia
Thailand PM Prayuth Chan-ocha to retire from politics, nine years after seizing power in a coup
Thai Prime Minister Prayuth Chan-ocha, the former military general who seized power in a 2014 coup, on Tuesday said he will retire from politics.
India's IDFC First Bank says merger will boost credit growth
Last week, IDFC First Bank said its board had approved its merger with IDFC Ltd., the latest in a wave of consolidation in India's financial sector.
One of Asia’s most luxurious trains is returning to the rails with a new route
Belmond announced today that the Eastern & Oriental Express luxury train, which will run from Singapore to Malaysia, is restarting in February 2024.
These U.S. states have the best and the worst tap water: Kentucky ranked No. 1 while Alabama came in dead last
In June, J.D. Power ranked the states with the best and worst tap water based quality, reliability, conservation and more.
China's consumer-driven sectors are a 'sweet spot' and opportunity for investors, says KKR
From pet food to liquor and lighting fixtures, global investing company KKR is putting their money behind a suite of consumer-driven sectors in China.
From Taylor Swift to the World Cup, travelers are paying big bucks to catch overseas games and shows
Fueled by a YOLO mentality following years of pandemic-era lockdowns, more are traveling to attend music, sports and other major events.
What Apple's big bet on India means for the tech giant's future
Apple's plan to move more iPhone manufacturing from China to India sounds like a good idea on paper. In the real world, it's plagued with serious challenges
El Niño has officially begun. UN says phenomenon likely to threaten lives, break temperature records
The warmest year ever recorded, 2016, started off with a powerful El Nino that helped to boost global temperatures.
World registers hottest day since records began — with fresh highs expected in the coming weeks
Scientists warned the temperature record was likely to be the first of many, citing the combination of the climate crisis and the El Niño phenomenon.
'We are in uncharted territory': World records hottest day ever for the third time in just four days
The extraordinary feat comes shortly after the European Union's climate change service confirmed the planet observed its hottest June on record.
Yellen says she's 'concerned' about China's new export controls in her first public remarks in Beijing
Starting Aug. 1, companies in China that want to export two metals used in semiconductor manufacturing would need to apply for licenses.
China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
China's central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday.
U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang
"The United States will, in certain circumstances, need to pursue targeted actions to protect its national security," U.S. Treasury Secretary Yellen said.
Yellen's visit to China is 'crucial' to U.S.-China engagement, professor says
Janet Yellen's visit to China is "crucial" to ensuring that both countries continue talking to each other, said Eswar Prasad of Cornell University.
Zoom is 'extremely optimistic' about growth in Asia-Pacific despite weaker outlook
Zoom is "doubling down" on its technical investments in the Asia-Pacific region as it seeks to strengthen growth, said the video communications company.
Elon Musk praises China's 'very strong' A.I. credentials
There's a heightened interest in AI and its potentially transformative effects on society.
A $12 phone is opening doors for rural India to get on the internet
The telecommunications arm of India's richest company, Reliance Industries, has launched a $12 internet-enabled feature phone.
China unexpectedly cancels top EU diplomat's Beijing visit
An EU foreign affairs spokesperson confirmed to CNBC that Borrell's team had been told by their Chinese counterparts the new dates of July 10-11 were no longer possible.
Australia and Indonesia have signed a 'win-win' EV battery deal, analyst says
The two countries welcomed "new commercial deals between Australian and Indonesian business across the health, mining and digital economy sectors."
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