Asia News -

Asia News

Uniqlo owner Fast Retailing shares jump after it lifts profit outlook

TazaPulseApril 13, 2026

Customers exit a Uniqlo store, operated by Fast Retailing Co., in Tokyo, Japan. Akio Kon | Bloomberg | Getty Images Fast Retailing shares surged more than 9% to a record high on Friday after the Japanese parent of Uniqlo lifted its annual outlook and as robust international growth boosted its quarterly profit. Reflecting the stronger...

108289565 1775785418104 gettyimages 2265219111 dji 0492

Is Iran pushing for a new normal in the Hormuz Strait?

TazaPulseApril 13, 2026

Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open....

China producer prices turns positive as inflation gets boost from Iran oil shock

TazaPulseApril 13, 2026

HUAIAN, CHINA – MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices...

108289464 1775765459096 gettyimages 1937118947 AFP 34FW7WX

Truce tested ahead of ceasefire talks in Pakistan

TazaPulseApril 13, 2026

This aerial view shows the factory suburb Yanbu, before stage 12 from Yanbu to Yanbu, Saudi Arabia, on Jan. 19, 2024. Patrick Hertzog | AFP | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A lot has changed in a week, but investors...

108261536 1770233397984 Side by Side template

Eli Lilly market share drops, Novo Nordisk holds firm as generic weight-loss drugs flood India

TazaPulseApril 13, 2026

The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters The market share of India’s most popular weight‑loss drugmaker, Eli Lilly, slipped in March, while rival Novo Nordisk held steady even as Indian generic drugmakers flooded the market with lower‑priced copies. Eli Lilly’s Indian market share in the GLP‑1 category of...

108276955 1773268668298 gettyimages 2266019169 l1008008 kywauxxo

Asia-Pacific markets rise amid worries over Strait of Hormuz staying largely closed

TazaPulseApril 13, 2026

The West Texas Intermediate gained 0.72% to $98.57 per barrel as of 2:37 a.m. ET. Brent crude rose by 0.67% to $96.56 per barrel. Source link

108289581 17757899601775789956 45154648125 1080pnbcnews

Behind China’s ‘active efforts’ for an Iran ceasefire: Business trumps politics

TazaPulseApril 13, 2026

BEIJING — China’s ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but Beijing remains focused on protecting its own domestic interests, including global exports. That stance underpins Beijing’s circumspect acknowledgment of reports that it pushed Iran toward this week’s temporary ceasefire. A New York Times report cited...