U.S. health officials brace for another fall Covid surge, but with fewer deaths
Health officials say the U.S. is in a much stronger position due to new boosters, antiviral treatments, therapeutics and immunity from previous infections.
CNBC Asia
India’s 5G battle is set to be a ‘two-horse race,’ says ex-CEO of telco Bharti Airtel
It will be a neck-to-neck race between Reliance and Bharti Airtel, but India's 5G infrastructure is still years from providing "positive customer experience," says Sanjay Kapoor.
Top SoftBank exec and key Son ally steps back from more roles after losses mount at the Japanese giant
SoftBank's investment strategy has come under fire after a string of bad bets and a recent rout in technology stocks has battered the fund's performance.
Toyota pledges up to $5.6 billion for EV battery production, ramps up investment in North Carolina plant
North Carolina facility will manufacture batteries for both plug-in hybrid and battery electric vehicles.
Chinese tech giant NetEase buys Star Wars game maker, marking its first major push into Europe
NetEase and its rival Tencent have been upping their efforts overseas as the Chinese domestic games market slows down amid tighter regulation.
G-20 nations have gathered to talk carbon emissions. The negotiations won't be easy
G-20 ministers are gathering in Indonesia to track their progress in bringing down carbon emissions. Expectations are low.
Sony sets up a PlayStation mobile gaming division in a major push beyond consoles
Sony has dominated console gaming for several years, thanks to the PlayStation. But the company is now looking to diversify into the lucrative mobile market.
Bank of Korea warns of more market volatility ahead as Fed signals more rate hikes
Bank of Korea Governor Rhee Chang-yong says there's a chance of increased volatility following more rate hikes from the Fed, according to a text message from the central bank
Honda and LG Energy Solution to build $4.4 billion EV battery plant in U.S.
The plant will be built and operated by a joint venture between the companies, which is expected to be established this year.
Worst is yet to come: Economist Stephen Roach says U.S. needs 'miracle' to avoid recession
Stephen Roach, known for serving as Morgan Stanley Asia chair, warns the Fed's aggressive tightening policies haven't kicked in yet.
Chinese tech giants had their worst quarterly growth on record, thanks to Beijing's zero-Covid policy
In the second quarter, Alibaba posted its first ever flat year-on-year quarterly revenue growth and Tencent reported its first sales decline on record.
Rare 'tomato flu' spreads to more children in India, prompting health advisory
A rare, new viral infection afflicting young children has prompted health authorities in India to issue a health advisory after over 100 cases were discovered.
It's been an employee's market in Asia-Pacific, but a recession may change that, consulting firm says
One in five companies in Asia-Pacific have issued hiring freezes, with 40% hiring for just critical roles, according to the consulting firm.
Japan is pivoting back to nuclear after Fukushima disaster — and the IEA says it'll help cool gas markets
Japan is looking to bolster its options amid ongoing uncertainty in global energy markets.
Qantas CEO blames 'little government support' and Covid for lagging some of its peers
Australia's national carrier posted its third consecutive year of losses before tax of $1.19 billion Australian dollars.
Sky-high rents hit the aircraft market as Boeing jets top $300,000 a month
The cost to rent aircraft has surged this year as travel demand returned while planes are in short supply.
Chinese EV maker Xpeng teases two new cars — and one will compete with Tesla's Model Y
Xpeng President Brian Gu said one of the vehicles will launch in the first half of next year and can be considered a "strong competitor" to Tesla's Model Y.
Jail will be tough for ex-Malaysian leader Najib, who's used to a 7-star hotel lifestyle, says Anwar
Former Prime Minister Najib, charged for his role in the embezzlement of billions of dollars from 1MDB, lost his appeal against his jail sentence on Monday.
Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
Despite its renewable energy goals, India remains reliant on fossil fuels.
Samsung's new foldy phone is more versatile than my iPhone, but it's not worth $1,800
CNBC's Sofia Pitt has been testing Samsung's $1,800 Galaxy Z Fold 4 for two weeks. Here are three takeaways from her first experience with a foldable phone.
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