China has been quietly building a blockchain platform. Here's what we know
Chinese President Xi Jinping has declared that his country needs to "seize the opportunities" presented by blockchain technology.
CNBC Asia
Japan's Nikkei 225 jumps more than 2% as Asia markets rise; SoftBank shares surge
U.S. Federal Reserve chairman Jerome Powell said Thursday that getting inflation under control won't be easy and warned he could not promise a so-called soft landing for the economy.
SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet
SoftBank Founder Masayoshi Son said the company would be more "conservative when it comes to the pace of new investments" as it goes into a "defense" position.
Markets in Hong Kong and Taiwan fall more than 2% as Asia tech stocks slide
The U.S. consumer price index surged 8.3% in April as compared with a year ago, near the highest level in more than 40 years.
Japan is set to open its doors in June, but some locals aren't happy about it
Japan is preparing to reopen. But not everyone is happy about it, including some local tourists, who have enjoyed exploring a quieter version of their country.
Chinese stocks jump; data shows China's inflation in April heated up above expectations
China's producer price index for April rose 8% year-on-year, higher than expectations for a 7.7% increase by analysts in a Reuters poll.
Biden says White House could drop Trump China tariffs to lower consumer prices
President Joe Biden said that cooling prices are his top domestic priority, even as Wall Street braces for another inflation report north of 8%.
Hong Kong's new leader is said to be 'untested' in areas other than security
Hong Kong's incoming chief executive John Lee is largely "untested and unknown" outside of security issues, said David Dodwell of consultancy Strategic Access.
An Oklahoma abortion clinic was a safe haven for women fleeing Texas ban. It will shut down if Roe falls
If the Supreme Court overturns Roe v. Wade, the U.S. would fundamentally fracture between states where abortion remains legal and those where it is banned.
Sony announces $1.5 billion share buyback; sees 56% rise in PlayStation 5 sales
Sony's Chief Financial Officer Hiroki Totoki said the company is forecasting sales of 18 million units of the PlayStation 5 in the current financial year.
Nintendo announces surprise 10-for-1 stock split; expects Switch sales to fall 9%
Nintendo said Switch console sales totaled 23.06 million last financial year, down from 28.83 million the previous year due to the chip shortage.
‘It’s a 50-50 call’: The Earth is close to crossing a key temperature threshold within 5 years
As recently as 2015, climate scientists had said there was zero chance of surpassing 1.5 degrees Celsius in the following five years.
Hong Kong leads losses in Asia as tech stocks drag down most markets
Returning to trade after a holiday on Monday, Hong Kong's Hang Seng index fell nearly 2% on Tuesday.
From North Korea to testy ties with China, South Korea's new leader has big challenges ahead
Yoon Suk-yeol is not going to “have much of a honeymoon period,” said Kathleen Stephens, president and CEO of the Korea Economic Institute of America.
Southeast Asia may face a ‘big risk’ of social unrest if food prices keep surging
"It's usually the big shock jump that causes a lot of unhappiness on the street," an economist at Bank of America Securities told CNBC.
Japan's Nikkei falls more than 2% as Asia stocks slip; China's April trade data come in above expectations
Chinese exports and imports data for April released Monday came in above expectations.
Beijing loyalist John Lee will be Hong Kong’s next leader
John Lee, the only candidate for Hong Kong's top post, has been elected to be Hong Kong's next Chief Executive.
U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore
The move comes as Nio and dozens of other U.S.-listed Chinese companies face a possible delisting from American exchanges.
China to ban minors from tipping livestreamers, watching after 10 p.m.
China's broadcasting regulator on Saturday put forward new rules that bar minors from tipping livestreamers and also require online platforms to prevent such users from watching livestreaming services after 10 p.m.
Hong Kong's Hang Seng index drops more than 3% following Wall Street tumble
Shares on Wall Street declined sharply overnight, with the Dow Jones Industrial Average seeing its worst day since 2020.
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