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Asia News

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Record heatwaves hit Europe’s already expensive summer

TazaPulseAugust 10, 2026

People stand near over water hoses spilling water to provide relief from the summer heat as part of Cologne’s climate adaptation measures in Cologne, western Germany on June 25, 2026 during a heatwave in Europe. Ina Fassbender | Afp | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another...

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Sunrise Energy Metals shares soar after U.S. investment

TazaPulseAugust 10, 2026

Shares of Australia’s Sunrise Energy Metals jumped as much as 29% on Monday after the rare earth miner secured a $400 million investment in long-term debt financing from the U.S. to support the development of the world’s first primary mine for scandium. The Trump administration’s backing for Sunrise comes as major economies seek to shore...

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Washington and Tehran both play it cool

TazaPulseAugust 10, 2026

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, July 27, 2026. Razieh Poudat | WANA | Reuters Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Markets ended last week convinced that a Strait of Hormuz deal was nearing, while Iran...

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Saudi Aramco extinguishes refinery fire as Houthis claim attack

TazaPulseAugust 9, 2026

JIZAN, SAUDI ARABIA – 26 JULY 2026: A satellite view of smoke plumes rising from Saudi Aramco’s refinery complex and oil terminals in Jazan/Jizan, Saudi Arabia, after coordinated Houthi strikes launched from Yemen. Imaged 26 July 2026. (Photo by Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2026) Gallo Images | Gallo Images | Getty Images Firefighters extinguished...

China’s crude imports hit three-month high in July

TazaPulseAugust 7, 2026

A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images China’s crude oil imports climbed to the highest level in three months in July, though the recovery may be...

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VW top investor calls for faster overhaul to fend off Chinese rivals

TazaPulseAugust 7, 2026

Clouds gather over the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany. Volkswagen workers staged protests nationwide on July 9 as unions warned of “major conflict” if the struggling German car giant pushes ahead with what could be the global auto industry’s biggest restructuring. – | Afp | Getty Images Volkswagen‘s...

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The 72-hour crisis that risks upending Meta’s business in India

TazaPulseAugust 7, 2026

Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Tensions are high between Meta Platforms and Indian regulators after the company came under fire in the country twice in short succession. The tech behemoth briefly restricted a Facebook post by Prime Minister Narendra...

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China’s exports jump 23% in July, beating estimates; imports cool

TazaPulseAugust 7, 2026

SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s exports rose more than expected in...

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Why South Korea is seeing a surge in infant investment accounts

TazaPulseAugust 7, 2026

Toddler girl looking at and holding a small stack of banknotes while with her other hand holding a credit card. Images By Tang Ming Tung | Moment | Getty Images South Korean parents are ramping up efforts to give their children a head start in building long-term wealth by opening investment accounts even before they...

Asia News

impact on global currency markets

TazaPulseAugust 7, 2026

The Japan flag juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior. Japan has intervened in currency markets before, but this episode was bigger than usual. It was backed by Washington, reportedly executed using the euro-yen...