U.S.-China relations are 'still deteriorating,' says former U.S. ambassador
Max Baucus, former U.S. ambassador to China, said he was wrong to think that ties between Washington and Beijing could reset when Joe Biden becomes president.
CNBC Asia
India's BSE Sensex touches record high in mixed Asia-Pacific trading day
In Friday trade, the BSE Sensex in India rose to 52,641.53 — above its previous record high of 52,516.76 set in February, according to data from Refinitiv Eikon
Singapore to start easing Covid restrictions as daily infections fall
Local infections in Singapore have fallen to single-digit levels in recent days.
China's Shenzhen stocks jump more than 1% as Asia-Pacific markets rise ahead of U.S. inflation data release
The U.S. consumer price index for May, set to be reported at 8:30 a.m. ET Thursday, is expected to show headline inflation at 4.7% — the fastest pace since 2008.
European Tesla rival Northvolt raises $2.75 billion from Goldman, VW and others
Northvolt, a Swedish battery maker, has raised $2.75 billion from a host of big names to help fuel its global expansion and increase production.
The U.S. will be a 'formidable competitor' to China in Covid vaccine diplomacy, professor says
The Biden administration is ramping up efforts to send Covid-19 vaccines abroad, said Huang Yanzhong of the Council on Foreign Relations.
Asia-Pacific stocks mixed; China's producer inflation data for May comes in higher than expected
China's producer price index for May jumped 9% from a year earlier, against expectations in a Reuters poll for a 8.5% increase.
Chinese factories worried about profits face a record gap between rising production costs and selling prices
A chart shows how production costs are soaring far more quickly than selling prices to private consumers, cutting into manufacturing profits.
China's producer prices surge the most since 2008, cutting into business profits
More pessimistic businesses expect the price increases will last until the end of the year, said Gan Jie, a Cheung Kong Graduate School of Business professor.
Tesla's China sales struggle to bounce back from an April slump
Tesla sold 33,463 electric cars in May, up 29% from April, but still short of March's 35,478 units, according to the China Passenger Car Association.
Fauci's 2,000 emails a day show how little U.S. officials knew in the early days of the Covid pandemic
Some of the emails to Fauci at the beginning of the pandemic turned out to be eerily prophetic as thousands reached out to him for advice or with suggestions.
Nvidia's acquisition of Arm could reportedly be delayed by Chinese regulators
Nvidia has asked Chinese regulators to approve its $40 billion takeover of U.K. chip designer Arm, according to a report from The Financial Times.
Asia-Pacific stocks mostly slip; Japan's economy shrinks less than expected in the first quarter
Revised government data released Tuesday showed Japan's economy shrank 3.9% in the first quarter, an improvement from the initial estimate of a 5.1% contraction.
Apple's new privacy feature, designed to mask users' internet browsing, won't be available in China
Apple's new "Private Relay" online browsing feature privacy feature will not be available in China, a market known for strict internet controls and censorship.
Goldman Sachs says disruptions from the chip shortage should diminish in the second half of 2021
The worst may soon be over when it comes to disruptions stemming from the global chip shortage, according to Goldman Sachs' chief Asia economist, Andrew Tilton.
China's cautious new graduates flock to state-backed jobs
The class of 2021 faces pressure from high housing costs, international travel restrictions and an intensely competitive environment.
Major Chinese city battles Delta Covid variant first detected in India with lockdowns, mass testing
Authorities in Guangzhou have carried out more than 16 million coronavirus tests and locked down certain parts of the city to control a flare up of cases.
Warren Buffett-backed electric automaker BYD ships 100 cars to Norway
Chinese electric car maker BYD announced Monday it shipped off the first batch of cars for a planned delivery of 1,500 units to Norway by the end of this year.
Asia stocks mixed; China's May exports misses forecasts
China's exports in dollar terms rose 27.9% in May as compared with a year earlier, according to customs data released Monday.
China buys fewer American goods in May; trade surplus grows
China bought fewer American products in May versus the prior month, while exports to the U.S. rose, according to customs data released Monday.
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