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Asia News

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Meta agrees to Indian AI data center deal with Reliance Industries

TazaPulseJune 10, 2026

A worker stands inside the Meta Lab in Los Angeles, California, U.S., May 20, 2026. Daniel Cole | Reuters Meta Platforms said on Wednesday it will lease an artificial intelligence-enabled data center in India with 168 megawatts of capacity from billionaire Mukesh Ambani’s Reliance Industries. Reliance Industries, whose broad conglomerate empire includes everything from petrochemicals...

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SoftBank sinks as Asia tech stocks tumble, tracking Wall Street tech losses

TazaPulseJune 10, 2026

A silicon wafer with chips etched into is seen as U.S. Vice President Kamala Harris tours a site where Applied Materials plans to build a research facility, in Sunnyvale, California, U.S., May 22, 2023. Pool | Reuters Asian semiconductor and technology stocks resumed their slide Wednesday, tracking overnight losses on Wall Street after a brief rebound...

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China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses

TazaPulseJune 10, 2026

A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3, 2026. Costfoto | Nurphoto | Getty Images China’s wholesale prices rose at the fastest pace in nearly four years in May, driven by surging raw material costs from the Iran war and an artificial intelligence investment boom,...

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India’s growth story faces its toughest test yet in Modi’s third term

TazaPulseJune 9, 2026

India’s Prime Minister Narendra Modi addresses the gathering at AI Impact Summit, in New Delhi, India February 19, 2026. Press Information Bureau | Via Reuters In his 12th year as Prime Minister, Narendra Modi continues to be popular in India — but the world’s fastest-growing major economy is no longer so popular among global investors....

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Indonesia raises rates in surprise move as rupiah lingers near record lows

TazaPulseJune 9, 2026

A bundle of Indonesian rupiah and US dollar banknotes arranged at a currency exchange office in Jakarta, Indonesia, on Monday, June 8, 2026. Indonesia’s finance and central bank officials said over the weekend they will boost efforts to stabilize the currency and attract inflows after the nation’s stocks tumbled at the fastest pace worldwide last...

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China trade defies Iran war drag as exports, imports beat estimates in May

TazaPulseJune 9, 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 trade growth held up better than...

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Alibaba, Baidu, BYD named on Pentagon’s China military list

TazaPulseJune 9, 2026

A general view of the office building of Baidu is in Pudong, Shanghai, on Feb. 9, 2026. Ying Tang | Nurphoto | Getty Images The Pentagon added a slew of Chinese companies, including Alibaba Group, Baidu Inc and carmaker BYD, to a list of entities it believes have aided the Chinese military, complicating the fragile...

CNBC's The China Connection newsletter: Humanoid robots are great, but they need buyers too

TazaPulseJune 9, 2026

Chinese companies ramp up humanoid robot development and production, often with global aims. Source link

Asia News

Why foreign investors are selling

TazaPulseJune 8, 2026

A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images Foreign investors have dumped billions of dollars’ worth of South Korean stocks this year, even as the Kospi has emerged as one of the world’s standout performers thus...

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China’s Xi visits North Korea as Russia ties test Beijing’s grip

TazaPulseJune 8, 2026

Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, holds talks with Kim Jong Un, general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s Republic of Korea, at the Great Hall of the People in Beijing, capital of China, Sept....