Asia News -

Asia News

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Big Tech rally drowns out Iran war fears, Buffett urges caution

TazaPulseJuly 16, 2026

WASHINGTON, DC – JULY 14: Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, DC. Eric Lee | Getty Images News | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Wall...

Asia News

Bank of Korea raises rates to 2.75% in first hike in over three years

TazaPulseJuly 16, 2026

SEOUL, SOUTH KOREA – 2025/05/07: General view of the headquarters of the Bank of Korea in central Seoul. The Bank of Korea (BOK) is the central bank of South Korea and the institution that issues the Korean won. It was founded on June 12, 1950 in Seoul. (Photo by Kim Jae-Hwan/SOPA Images/LightRocket via Getty Images)...

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SK Hynix falls amid Asia tech rout, tracking U.S. semiconductor losses

TazaPulseJuly 16, 2026

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of...

Asia News

Alibaba stock rises after Apple inks deal to use Qwen AI models

TazaPulseJuly 15, 2026

U.S.-listed shares in Chinese conglomerate Alibaba rose 4% in premarket trading on Wednesday after confirming that its Qwen AI model will be integrated into Apple systems in China. “Qwen will be integrated into Apple Intelligence experiences within iOS, iPadOS, macOS, and visionOS for users in China,” an Alibaba spokesperson told CNBC. The Cyberspace Administration of...

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Modi is exporting India’s workforce as countries slow immigration

TazaPulseJuly 15, 2026

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. Over the last decade, China reversed its brain drain, luring thousands of skilled workers back home to help fuel its rise as a technology...

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China posts slowest GDP growth since 2022 at 4.3%, missing expectations

TazaPulseJuly 15, 2026

YANTAI, CHINA – JULY 14, 2026 – Containers parked at Yantai Port International Container Terminal in Yantai City, Shandong Province, China on July 14, 2026. Cfoto | Future Publishing | Getty Images China’s economy in the second quarter grew at its weakest pace since 2022, as an accelerating slide in investments deepened the strain on...

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Frontier Airlines to debut Wi-Fi in 2027 with SpaceX’s Starlink

TazaPulseJuly 14, 2026

Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines and four other budget carriers with more than 1,000 planes between them will debut in-flight Wi-Fi early next year from SpaceX‘s Starlink, another win for the satellite internet provider. Frontier’s first Airbus plane equipped with Starlink internet will roll out in early 2027, the airline...

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Is Hormuz open? Trump’s toll threat intensifies rush to bypass the Strait altogether

TazaPulseJuly 14, 2026

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 11, 2026. Amirhosein Khorgooi/isna | Via Reuters President Donald Trump‘s threat to impose a 20% fee on cargo passing through the Strait of Hormuz and renewed U.S.-Iran tensions have revived the Gulf’s urgent search for oil export alternatives. From Saudi Arabia’s...

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China June exports jump at fastest pace since 2021, imports soar most in five years

TazaPulseJuly 14, 2026

NANJING, CHINA – JULY 09: Aerial view of new energy vehicles waiting for shipment at Longtan Port Area of Nanjing Port on July 9, 2026 in Nanjing, Jiangsu Province of China. Yang Suping | Visual China Group | Getty Images China’s trade growth accelerated far more than expected in June, as booming global demand for...

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Singapore’s economy expands 5.7% in the second quarter, beating expectations

TazaPulseJuly 14, 2026

Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore’s economy expanded 5.7% in the second quarter, topping market expectations, on the back of strong growth in the manufacturing sector. The growth figure was higher than the 5.5% expected by...