Asia News -

Asia News

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SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance

TazaPulseAugust 6, 2026

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance’s value helped its Vision Fund division. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a...

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Beijing launches its broadest trade retaliation since Busan truce

TazaPulseAugust 6, 2026

BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the Ministry of Commerce on November 11, 2025, in Beijing, China. Cheng Xin | Getty Images News | Getty Images China unleashed its broadest package of trade countermeasures since last October’s truce, pushing back against a string of...

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Iran, Oman in talks on Hormuz; SpaceX/Nvidia loyalty

TazaPulseAugust 6, 2026

A bull statue at the Korea Exchange (KRX) in Seoul, South Korea, on Wednesday, Nov. 5, 2025. SeongJoon Cho | Bloomberg | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The Dow just notched its fifth straight record close, as Wall Street bets...

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What’s behind India’s rush to sell shares in state-owned firms

TazaPulseAugust 6, 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. The Indian government has been rushing to sell stakes in state-owned companies this year. So far, it has pared its stake in 10 public...

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Russia launches drones, missiles on Kyiv as Ukraine hits Wildberries

TazaPulseAugust 5, 2026

An aerial view shows a massive column of smoke rising above Kyiv from a burning NOVUS supermarket chain warehouse following a Russian ballistic missile attack on the capital on August 5, 2026 in Kyiv, Ukraine. Libkos | Getty Images News | Getty Images Russia launched a massive wave of drone and ballistic missile strikes on...

Europe drought threatens energy, shipping and growth

TazaPulseAugust 5, 2026

An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks of the river Rhine near Neuss, western Germany, on July 30, 2026, as the water level in the Rhine is falling to a record low following exceptionally hot weather. Ina Fassbender | Afp | Getty...

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India’s central bank keeps benchmark rates steady, cites ‘moderate’ core inflation

TazaPulseAugust 5, 2026

India’s central bank on Wednesday held interest rates at 5.25% for a fifth time in a row, even as the country’s retail inflation has crossed the Reserve Bank of India’s medium-term target of 4%. Economists polled by Reuters had forecast the policy rate would remain unchanged. The central bank noted that headline inflation had “edged...

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Wealthy Chinese race for tax advice as Beijing targets offshore trusts

TazaPulseAugust 5, 2026

CHINA – 2025/09/05: In this photo illustration, the 100-yuan RMB banknotes, a calculator and a Chinese national flag are placed on the table. Sopa Images | Lightrocket | Getty Images Offshore trusts have long been used by China’s ultra-rich to tuck away hundreds of billions of dollars outside the country. Now, a move by Beijing...

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Europe’s heat isn’t cooling Asian travel demand

TazaPulseAugust 5, 2026

As Europe endures another summer of record-breaking heat, Asian travelers continue to flock to the continent, with little sign that soaring temperatures are dampening demand. The trend also reflects a broader diversification in Asian travel spending across Europe, as travelers spread their budgets across a wider range of destinations throughout the continent. Searches for European...

Asia News

Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill

TazaPulseAugust 4, 2026

Sanae Takaichi, Japan’s prime minister, speaks during a press conference at the prime minister’s office in Tokyo, Japan, on Wednesday, Feb. 18, 2026. Kiyoshi Ota | Via Reuters Japanese Prime Minister Sanae Takaichi has pushed forward with her plan to slash the consumption tax on food, which reportedly would be the first time the tax...