Charts show Asia is far behind the U.S. and Europe in Covid vaccinations
Asia-Pacific is experiencing a surge in Covid-19 infections, with India, Malaysia and Japan among countries that have reported record increases in daily cases.
CNBC Asia
Malaysia's Covid lockdown puts 'a lot of pressure' on government finances, says minister
Malaysia's Covid-19 outbreak has substantially worsened despite the government imposing lockdowns of varying degrees over the past year.
Why Intel and TSMC are building water-dependent chip factories in one of the driest U.S. states
Intel and TSMC are quickly trying to build new factories as the global chip crisis continues to wreak havoc on a plethora of industries.
Asia-Pacific markets mixed; RBI keeps interest rates unchanged
The Reserve Bank of India on Friday announced its decision to keep interest rates steady.
Tesla shares drop on report of steep May sales decline in China
Investors were shaken by a single-sourced report that Tesla net orders in China had nearly halved between April and May.
White House lays out plan to share millions of Covid doses with poorer nations
The U.S. plans to allocate 75% of the vaccines through the COVAX global vaccine sharing program, according to the White House.
Hong Kong stock market slips more than 1% in mixed Asia-Pacific trading day
The Caixin/Markit services Purchasing Managers' Index for May came in at 55.1, lower than April's reading of 56.3.
Hong Kong’s economy is not out of the woods despite sharp rebound, says commerce secretary
Edward Yau, Hong Kong's secretary for commerce and economic development, said trade has been a "very strong catalyst" of growth but tourism remains weak.
Delta Covid variant first found in India spreads to 62 countries, hot spots form in Asia and Africa, WHO says
The Covid-19 variant first detected in India in October has now spread to at least 62 countries as outbreaks surge across Asia and Africa.
Asia-Pacific stocks mixed; Australia economy bounces back to pre-pandemic levels in the first quarter
Australia's gross domestic product rose 1.8% quarter-on-quarter on a seasonally adjusted basis in the March quarter of 2021, official data showed Wednesday.
Australia weighs taking China to the WTO again — this time for a dispute over wine
China in March announced anti-dumping tariffs between 116.2% and 218.4% on Australian wine imports, measures that are set to last for five years.
China to hand out $6.2 million in digital currency to Beijing residents as part of trial
China has yet to do a nationwide rollout of the digital yuan but is instead focusing on trials in the form of lotteries around the country.
Chip giants are making more money than ever as the semiconductor shortage rages
The world's 10 biggest chip manufacturing companies saw their revenues surge to a record high in the first quarter of 2021, according to TrendForce.
Asia-Pacific stocks mostly rise; private survey shows Chinese factory activity expanding in May
The Caixin/Markit manufacturing Purchasing Managers' Index for May came in at 52, higher than April's reading of 51.9.
China wants couples to have more kids. Chinese people are less enthusiastic.
China's announcement that couples can have three children generated a buzz of online discussion on why it isn't practical to have children, let alone three.
Zero Covid? Taiwan outbreak shows that's not a long-term solution, says professor
Taiwan is "completely susceptible" to new coronavirus variants that are more transmissible, said Benjamin Cowling of The University of Hong Kong.
China's Robinhood rivals pile into the crypto craze as they look to compete overseas
Futu and Tiger Brokers said they are applying for licenses in Singapore and the U.S. that will allow local customers to trade cryptocurrencies.
China races to rival the U.S. with its own GPS system — but one analyst says it won't overtake the U.S. yet
The Beidou satellite navigation system shows China's "technical independence" from the West, said Craig Singleton of Foundation for Defense of Democracies.
Malaysia stocks trade lower as country heads for 'total' Covid lockdown
Malaysia has been struggling to control a surge in Covid-19 infections and last week reported five-consecutive days of record increases in cases.
Singapore's Covid restrictions may be relaxed after June 13 if situation improves
Singapore's Prime Minister Lee Hsien Loong said Monday that the country's Covid restrictions may be relaxed after June 13 if the situation improves.
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