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Asia News

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Delta wants to take United’s crown over the Pacific, too

TazaPulseJune 8, 2026

United Airlines and Delta Airlines jets Sam Hodgson | Bloomberg | Getty Images RIO DE JANEIRO — Delta Air Lines is the nation’s most profitable carrier, but its hungry rival, United Airlines, is far bigger over the Pacific. Delta’s new president, Peter Carter, says that just won’t stand. “We want to become stronger, better, faster...

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SoftBank’s Son says AI is designing OpenAI’s next model

TazaPulseJune 5, 2026

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI’s next model is being designed by another model in a sign that AI is reaching “super intelligence,” SoftBank CEO Masayoshi Son told CNBC. The billionaire’s comments come...

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India’s economy expands faster than expected at 7.8% in fourth quarter

TazaPulseJune 5, 2026

A labourer works on a construction site near the Amazon India headquarters in Bengaluru on December 29, 2025. Idrees Mohammed | Afp | Getty Images In a quarter partially affected by the economic disruptions from the Middle East conflict, India’s economy grew at 7.8% year-on-year in the three months to the end of March, a...

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India scraps tax on overseas bond investors in bid to attract foreign capital

TazaPulseJune 5, 2026

A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters India is doubling down on measures aimed at attracting foreign portfolio investments, as capital outflows hit a record high. The government on Friday announced that it has exempted foreign investors and the Bank for International Settlements —...

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Chips are down — but not for the Dow

TazaPulseJune 5, 2026

Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Wall Street had...

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India’s cenbank keeps rates steady at 5.25%

TazaPulseJune 5, 2026

A pedestrian walks past an Indian rupee symbol installation outside the Reserve Bank of India (RBI) building in Mumbai on May 17, 2026. Punit Paranjpe | Afp | Getty Images India’s central bank on Friday held interest rates at 5.25% at a time when surging global energy costs have hammered its currency, while the Iran...

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Nikkei 225, Kospi, Hang Seng Index, CSI 300, Nifty50

TazaPulseJune 5, 2026

A pedestrian walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets were set to open mixed Friday after a rotation out of chip stocks on Wall Street lifted the Dow Jones Industrial...

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What investors need to know

TazaPulseJune 4, 2026

AAP councillors protest against the leak of undergraduate examination papers during the House meeting of the Municipal Corporation of Delhi on May 25, 2026 in New Delhi, India. Sonu Mehta | Hindustan Times | Getty Images A youth political movement in India that has gone viral on social media — and that has a cockroach...

Why Taiwan and South Korea’s stock markets have surged past India

TazaPulseJune 4, 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. AI-driven gains in TSMC, Samsung and SK Hynix, plus a weaker rupee and headwinds from the Middle East conflict are reshaping Asia’s market rankings....

Asia News

SoftBank’s OpenAI bet is raising liquidity crunch concerns

TazaPulseJune 4, 2026

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters SoftBank’s ascent to becoming Japan’s most valuable company has put the spotlight on the conglomerate, raising questions whether it is taking on too much risk through its highly leveraged bet on artificial intelligence. Shares of...