Tag: Asia Economy
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China’s Xi keeps Iranian president at arm’s length weeks ahead of Trump summit
China’s Xi gave Iran’s Pezeshkian a brief, low-profile audience at the SCO summit, as Beijing seeks to avoid appearing close to Tehran ahead of a high-stakes summit with Trump.
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Japanese green tea giant Ito En surges 8%, defying a broad market sell-off
Ito En shares surged, bucking a broader sell-off in Japanese stocks following its fiscal first-quarter results.
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CNBC Daily Open: Groundhog Day in the Gulf
U.S.-Iran’s latest strikes sent oil and bond yields surging, pushed the Fed toward a hike instead of a cut, and drew Putin to publicly support Tehran.
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Australia posts second-quarter growth of 2.1%, beating expectations
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuSYDNEY, AUSTRALIA – MAY 30: The Sydney Harbour Bridge and skyline is illuminated during Vivid Sydney 2024 on May 30, 2024
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A rerun of the 1997 Asian Financial Crisis? HSBC’s chief economist sees significant similarities
Surging U.S. bond yields, a weak Japanese yen and tech optimism dominated the financial environment in the lead-up to the crisis.
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India rejects court order to uphold decades-old water-sharing treaty with Pakistan
The arbitration ruling adds a new layer of stress to a long-simmering water dispute between two nuclear-armed neighbors.
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Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20
The meeting underscored Washington’s willingness to reopen diplomatic talks with Moscow, as Europe intends to isolate the nation while the war continues.
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Indian PM Modi implores Putin to end Ukraine war amid U.S. tariff threat on Russian oil
Indian PM Narendra Modi has urged Russia to end the Ukraine war and to cease hostilities.
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Fast-fashion giant Shein’s shares drop 7% in Hong Kong market debut
Shein made its Hong Kong market debut on Tuesday after years of attempts to go public.
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India’s economy expands 7.8% in fiscal first quarter, beating estimates
The economy was driven by a strong performance in the financial, real estate, information technology and professional services sectors.
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