Asia News -

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China factory activity grows faster than expected in June on tech export demand

TazaPulseJune 30, 2026

LIANYUNGANG, CHINA – JUNE 28: An employee works on the carbon fiber production line at the Lianyungang base of CNBM subsidiary Zhongfu Shenying Carbon Fiber Co., Ltd. on June 28, 2026 in Lianyungang, Jiangsu Province of China. Wang Jianmin | Visual China Group | Getty Images China’s manufacturing activity expanded faster than expected in June,...

Asia News

Japanese yen sinks to 40-year low, keeping intervention risks in focus

TazaPulseJune 30, 2026

The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from...

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U.S. tech rivalry heats up

TazaPulseJune 30, 2026

At a supply chain expo in Beijing on June 24, 2026, PwC Global Chair Mohamed Kande gives a tour of the company’s booth to Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT). CNBC | Evelyn Cheng Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest...

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Putin says Russia faces fuel shortages after Ukraine strikes

TazaPulseJune 29, 2026

In this pool photograph distributed by Russian state agency Sputnik, Russia’s Vladimir Putin addresses the audience at the 23rd Congress of the United Russia party in Moscow on June 28, 2026. Yekaterina Shtukina | Afp | Getty Images Russian President Vladimir Putin has conceded that the country is facing fuel shortages following a barrage of...

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Goldman Sachs says stick with Asia’s winners, keep diversifying into commodities

TazaPulseJune 29, 2026

Asian stocks still have room to run even after a blistering first-half rally, while investors should continue diversifying into commodities as geopolitical shocks reinforce long-term demand for metals and energy infrastructure, Goldman Sachs said. The Wall Street bank highlighted that the same structural themes driving Asia’s equity outperformance — artificial intelligence, power infrastructure and defense...

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Traffic rebounds in Strait of Hormuz but anxiety threatens recovery

TazaPulseJune 26, 2026

Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman. Elke Scholiers | Getty Images News | Getty Images Shipping traffic is recovering a week after the U.S. and Iran...

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Red Lobster’s endless-shrimp promotion was a ‘car crash,’ lawsuit says

TazaPulseJune 26, 2026

The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and “endless shrimp” promotion backfired against company revenue. Brandon Bell | Getty Images Restaurant chain Red Lobster’s “Everyday $20 Ultimate Endless Shrimp” offering was described as a...

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NBA targets Asian resurgence with technology and talent push

TazaPulseJune 26, 2026

Southeast Asia has emerged as one of the NBA’s fastest-growing markets for fan engagement, making the region a focal point for both player development and business expansion. A little over a week after the New York Knicks paraded through lower Manhattan celebrating their historic 2026 Championship win over the San Antonio Spurs, the NBA has set its sights on an ambitious...

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U.S.-Iran deal grants access to Tehran’s nuclear sites: UN watchdog

TazaPulseJune 26, 2026

Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), speaks during a press conference at the Japan National Press Club in Tokyo on June 26, 2026. Yuichi Yamazaki | Afp | Getty Images The U.S. and Iran’s interim peace agreement gives inspectors from the U.N. nuclear watchdog access to the Islamic Republic’s...

Airwallex raises $320 million to power finance run by AI agents

TazaPulseJune 26, 2026

The Airwallex logo appears on a laptop computer screen in this photo illustration in Athens, Greece, on December 8, 2025. Nikolas Kokovlis | Nurphoto | Getty Images Airwallex has raised $320 million in a Series H funding round, valuing the global payments company at $11 billion, a 38% leap from just six months ago, as...