Tag: Asia Economy
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CNBC Daily Open: An ‘indefinite’ war, and a record-breaking rally
Hegseth says the U.S. Navy can blockade Iran for as long as it takes, while Wall Street responded by sending the S&P 500 to another day of record high.
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From Apple to Ford: How Chinese tech is becoming harder for global companies to ignore
Global companies are increasingly tapping Chinese technology for its growing capabilities and scale, even as geopolitical risks remain.
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South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?
South Korea’s Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors piled back into the semiconductor giants that dominate the index.
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Goldman says Japan’s $1 trillion of reserves leaves ‘plenty of capacity’ for further yen interventions
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month’s intervention, Goldman Sachs says.
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Inside India newsletter: Why global funds are flocking to GIFT City in Modi’s home state
Favorable regulations, a growing local investor base, and tax holidays are giving momentum to India’s GIFT City.
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Japan wholesale inflation eases slightly to 7.2%, undershooting expectations
The PPI reading was lower than the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen in June.
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India’s inflation accelerates to 4.45% in July, raising hopes of a rate hike later this year
India’s inflation rises for the ninth month in a row, raising the odds in favor of a rate hike later this year.
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U.S. judge ends graft case against Indian billionaire Gautam Adani
A U.S. federal judge has approved the Department of Justice’s decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.
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Singapore revises its annual growth forecast sharply higher on AI-related boost
GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of 2%-4%
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Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens
The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.
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