UN expects India to surpass China as the world's most populous country in 2023
The two most populous regions in the world are both in Asia, according to the U.N.'s World Population Prospects 2022 report.
CNBC Asia
India set to overtake China as the world's most populous country in 2023, UN says
The United Nations' report was released on World Population Day.
Hong Kong's Hang Seng index falls around 3% as heavyweights Tencent, Alibaba plunge
Hong Kong's Hang Seng index fell around 3% after news that China has imposed fines on heavyweights Tencent and Alibaba.
Railroad bottleneck at nation's busiest West Coast ports reaches inflection point
Rail delays involving Berkshire Hathaway's BNSF and Union Pacific are causing worsening
container congestion at the nation's busiest ports.
U.S. to send 15th military package to Ukraine, bringing total aid in Russia war to $7 billion
The latest aid package, which is the 15th such installment, brings the U.S. commitment to more than $7 billion since Russia's late February invasion of Ukraine.
Ford reports worst quarterly sales in China since onset of Covid pandemic
Ford on Thursday said it sold 120,000 vehicles during the second quarter in Greater China, a roughly 22% decline from a year earlier.
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.
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.
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