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Asia News

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Asia News

Volvo Cars shares plunge 31% amid China, U.S. slump and fresh job cuts

TazaPulseOctober 23, 2026

Volvo Cars said Friday it plans to cut 2,500 jobs after a sharp decline in its Chinese market weighed on third-quarter earnings. The Swedish automaker reported an operating loss of 5.6 billion Swedish Kronor ($563.7 million) in the third quarter, down from an operating profit of 6.4 billion Swedish Kronor in the previous period. The...

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China’s rich turn to U.S. banks as Beijing scrutinizes offshore wealth

TazaPulseOctober 23, 2026

HONG KONG, CHINA – OCTOBER 12: Chinese national flags fly in front of Bank of America Tower, with the bank’s name and logo displayed on the building, on October 12, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images SINGAPORE — Wealthy Chinese rattled by Beijing’s widening hunt for overseas...

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Japan core inflation in September surges to its highest this year at 2.1%

TazaPulseOctober 23, 2026

An employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving broader inflation higher, with data Friday expected to show consumer price growth has stayed above the central bank’s 2% target for four straight calendar years. Bloomberg | Bloomberg | Getty Images Japan’s core inflation...

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‘You can always use more’

TazaPulseOctober 22, 2026

Co-founder, President and CEO of US technology company Nvidia, Jensen Huang, gestures during a press briefing in Paris on Oct. 13, 2026. Joel Saget | AFP | Getty Images Nvidia CEO Jensen Huang told CNBC Thursday that a surplus of memory supply is unlikely by 2029, despite a sell-off in memory stocks over the past...

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CNBC Daily Open: Ukraine’s Starlink whodunit

TazaPulseOctober 22, 2026

The Thailand-flagged bulk carrier ‘Mayuree Naree,’ which was struck by a missile near the Strait of Hormuz during attacks launched by the United States and Israel against Iran on February 28, is seen stranded off the coast of Qeshm Island, Iran, on September 11, 2026. Fatemeh Bahrami | Anadolu | Getty Images Hello, this is...

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China’s stock market: CSI 300, bear market

TazaPulseOctober 22, 2026

China’s benchmark CSI 300 index on Thursday entered bear-market territory, falling 20% from its June peak, as a prolonged sell-off in its equities deepens. The index, which tracks 300 of the largest stocks listed in Shanghai and Shenzhen, has declined for 10 consecutive weeks and is down 2.6% so far this week, underscoring sustained pressure...

CNBC Daily Open: War worries meet AI anxiety

TazaPulseOctober 22, 2026

Washington says it has no plans to renew strikes on Iran before the Nov. 3 midterms, but escalation may not wait long after that. Source link

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Southeast Asia’ AI boom goes beyond subscriptions

TazaPulseOctober 22, 2026

Southeast Asia is embracing artificial intelligence at a rapid pace. But the business of making money from AI is about more than getting consumers to pay for it. Generative AI adoption in the region has reached around 243 million people in less than three years, according to the annual e-Conomy SEA report released Wednesday by...

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Bank of Korea holds rates after President Lee calls for boosting housing supply

TazaPulseOctober 22, 2026

Shin Hyun Song, governor of the Bank of Korea, during a fireside chat at the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok, Thailand, on Tuesday, Oct. 13, 2026. Sirachai Arunrugstichai | Bloomberg | Getty Images South Korea’s central bank expectedly kept its policy rate steady at 3% on Thursday, after two...

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Data center boom raises water and power concerns

TazaPulseOctober 22, 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. India is touted as one of the hottest markets for data centers, with several U.S. Big Tech companies investing to set up capacity in...

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Kulgam terror attack: Terrorists were on motorcycle, search operation launched – what we know so far | India News

Anthropic: Anthropic’s $1.4 trillion IPO: Price band, listing, investors & more; all you need to know

CoreWeave stock pops 13% after outlook raise eases AI slowdown concerns

Moody’S Ratings: Moody’s raises India’s FY27 growth forecast to 7% on strong economic momentum

U.S. Army soldier arrested over alleged Russia espionage

Insurer rejected Rs 30 lakh accidental death claim citing alcohol consumption; consumer commission finds medical record discrepancies and upholds payout with 9% interest and Rs 75,000 as compensation

Asia News

Volvo Cars shares plunge 31% amid China, U.S. slump and fresh job cuts

China’s rich turn to U.S. banks as Beijing scrutinizes offshore wealth

Japan core inflation in September surges to its highest this year at 2.1%

‘You can always use more’

CNBC Daily Open: Ukraine’s Starlink whodunit

China’s stock market: CSI 300, bear market

CNBC Daily Open: War worries meet AI anxiety

Southeast Asia’ AI boom goes beyond subscriptions

Bank of Korea holds rates after President Lee calls for boosting housing supply

Data center boom raises water and power concerns

Latest News

Kulgam terror attack: Terrorists were on motorcycle, search operation launched – what we know so far | India News

Anthropic: Anthropic’s $1.4 trillion IPO: Price band, listing, investors & more; all you need to know

CoreWeave stock pops 13% after outlook raise eases AI slowdown concerns

Moody’S Ratings: Moody’s raises India’s FY27 growth forecast to 7% on strong economic momentum

U.S. Army soldier arrested over alleged Russia espionage

Insurer rejected Rs 30 lakh accidental death claim citing alcohol consumption; consumer commission finds medical record discrepancies and upholds payout with 9% interest and Rs 75,000 as compensation

CoreWeave stock pops 13% after outlook raise eases AI slowdown concerns

Moody’S Ratings: Moody’s raises India’s FY27 growth forecast to 7% on strong economic momentum

U.S. Army soldier arrested over alleged Russia espionage

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Kulgam terror attack: Terrorists were on motorcycle, search operation launched – what we know so far | India News

Anthropic: Anthropic’s $1.4 trillion IPO: Price band, listing, investors & more; all you need to know

CoreWeave stock pops 13% after outlook raise eases AI slowdown concerns

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