Tag: Asia Economy
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South Korea’s stock market rout isn’t a vote against the country, market exchange chief says
“This is a rebalancing exercise, and has nothing to do with any loss of conviction in the Korean market,” Korea Exchange CEO Jeong Eun-bo said.
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U.S. becomes India’s top gas supplier, as Iran war cuts it off from the Gulf
India’s gas purchases from the U.S. have grown steadily, driven by Washington’s push to sell more American energy to the South Asian country.
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AI mega-listings are ‘just the start,’ Razer CEO says, ahead of historic SpaceX IPO
Blockbuster public offerings from AI companies could be an enduring feature of the industry, Razer CEO Min-Liang Tan said Thursday, ahead of several mega IPOs.
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CNBC Daily Open: Trump expresses ‘love’ for inflation print and anger at Iran
U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.
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Inside India newsletter: Hollywood is debating AI. India’s filmmakers are embracing it
Even as Hollywood remains the world’s most influential storyteller, experiments in AI filmmaking are increasingly happening in India.
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Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend
Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia from Singapore.
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Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure
Meta signs a deal with Mukesh Ambani’s Reliance Industries to lease an AI-enabled data center in India.
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China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.
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India’s growth story faces its toughest test yet in Modi’s third term
Prime Minister Narendra Modi faces his biggest test as India’s appeal as the world’s fastest-growing economy dims for global investors.
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Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a “pre-emptive measure” to maintain inflation within the government’s target range of 1.5% to 3.5%.
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