Asia News -

Asia News

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108338317 1784703873139 gettyimages 1236721684 JAKARTA TELECOM

Indonesian state telecom said to consider selling MDI Ventures

TazaPulseJuly 31, 2026

A PT Dayamitra Telekomunikasi telecommunications tower in Jakarta, Indonesia, on Sunday, Nov. 21, 2021. Dimas Ardian | Bloomberg | Getty Images A unit of Indonesia’s largest state-owned telecom conglomerate is said to be weighing the sale of an embattled venture capital firm. TelkomMetra is considering selling MDI Ventures, according to four people familiar with the...

Asia News

BOJ holds rates at 1%, warns of underlying inflation above target

TazaPulseJuly 31, 2026

A Japanese flag at the Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Tuesday, June 30, 2026. New BOJ Board Member Ayano Sato said the country’s inflation views aren’t very strong yet, suggesting her tilt toward accommodative policy as an appointee of Prime Minister Sanae Takaichi. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images...

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CXMT’s stellar debut sets stage for next test against memory giants

TazaPulseJuly 31, 2026

CXMT‘s blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market leaders. The Chinese memory maker’s nearly 466% surge in its Monday market debut has fueled optimism that Beijing’s years-long push to build...

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China’s factory activity unexpectedly contracts in July

TazaPulseJuly 31, 2026

LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s factory activity unexpectedly contracted in July for the first time since February,...

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SK Hynix, Samsung stocks: AI rally roars back

TazaPulseJuly 31, 2026

Omar Marques | Lightrocket | Getty Images South Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending. SK Hynix was last trading over 25% higher, putting it on course for...

Shein’s three-year IPO delay cost it the ‘golden time’ to go public

TazaPulseJuly 31, 2026

Sunglasses are displayed at the reception of the fast-fashion brand Shein’s office in Sao Paulo, Brazil, Dec. 15, 2025. Jorge Silva | Reuters Shein won Beijing’s approval for a Hong Kong listing after it publicly embraced the Chinese roots it spent years playing down. Now investors are questioning whether that blessing can carry a $40-billion-plus...

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Shell posts best quarterly profit in four years as Iran war boosts oil, gas prices

TazaPulseJuly 30, 2026

The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Shell has agreed to purchase Canadian energy company, ARC Resources in a deal valued at $16.4 billion. Brandon Bell | Getty Images News | Getty Images British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from...

Strait of Hormuz and drone threats to global shipping

TazaPulseJuly 30, 2026

Satellite view of Tuapse Oil Refinery, Russia. Ukrainian drones struck fuel storage tanks at the Rosneft‑operated facility, igniting a major fire visible for kilometers. Gallo Images | Gallo Images | Getty Images The Strait of Hormuz is rattling global trade, but the waterway is just one example of a vital maritime corridor becoming a frontline,...

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Gen Z protests boost Instagram’s profile in India

TazaPulseJuly 30, 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 success of Gen Z protests in India has handed a surprise victory to Mark Zuckerberg’s Meta, cementing its position as the most influential...

108341488 1785296216748 gettyimages 2285687677 SAMSUNG

Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand

TazaPulseJuly 30, 2026

The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 7, 2026. South Korean technology giant Samsung Electronics forecast on July 7 a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. (Photo by Jade GAO / AFP via...