What Warren Buffett is buying in Japan's Berkshire Hathaway look-alikes
Warren Buffett says he sees elements of his own Berkshire Hathaway conglomerate in the Japanese trading giants that he recently upped his stock investment in.
CNBC Asia
CDC will have less data to track Covid and new variants after public health emergency ends
The U.S. has a fragmented health-care system where the authority to decide what disease data gets reported largely rests with corporations, not the CDC.
China's service sector remains a bright spot as factory data disappoints, Caixin reading shows
The reading suggests that services activity is still "undergoing a fast recovery," according to Wang Zhe, senior economist at Caixin Insight Group.
Volkswagen posts drop in quarterly profit, says it must speed up to catch Chinese EV market rivals
Volkswagen said operating profit fell 31% to 5.7 billion euros ($6.3 billion) through the first three months of 2023.
Auto giants are setting their sights on a new growth market for EVs: India
Companies like Audi, Volvo Cars and Stellantis are looking to establish a foothold in a market already home to some big India-based players.
India's ties with Russia remain steady. But Moscow's tighter embrace of China makes it wary
Moscow has also grown close to Beijing since invading Ukraine, and that raises critical national security concerns for New Delhi.
Bank of Korea governor says it's 'premature' to talk about rate cuts
"It would be a little bit premature to talk about pivot at this moment," Bank of Korea Governor Rhee Chang-yong told CNBC.
Singapore's largest lender expects net interest margins will decline, but sees other growth drivers
With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not "falling off a cliff."
Australia unexpectedly hikes rates, hints at more tightening ahead
The Reserve Bank of Australia hiked 25 basis points to 3.85% as economists polled by Reuters expected it to pause for a second consecutive time.
IMF raises 2023 economic outlook for Asia, sees China and India making up half of global growth
The International Monetary Fund said Asia-Pacific growth will primarily be driven by China's recovery and "resilient" growth in India as the rest of the world braces for slowed growth.
Bank of Japan sticks to negative rates while announcing policy review
Governor Kazuo Ueda of the Bank of Japan chaired his first monetary policy meeting this week.
China's top leaders say the economy doesn't have enough 'internal' drive
China's top leaders said at a regular meeting Friday that domestic demand is still insufficient, according to state media.
OPEC says IEA should be 'very careful' about discouraging oil investments
Oil producer group OPEC on Thursday lashed out at the IEA, saying the energy agency should be "very careful" about undermining industry investments.
Singapore hikes property tax in latest round of cooling measures
Both local and foreign buyers of residential properties will now have to pay higher additional buyers' stamp duties, which will take effect from today.
Chinese retailers helped lift Meta's first-quarter sales in a tough online advertising market
Meta's first-quarter earnings jumped 3% year over year due in part by Chinese retailers buying Facebook ads.
These are the 10 wealthiest cities in the world—3 of them are in the U.S.
Henley & Partners ranked the world's wealthiest cities based on the fastest-growing millionaire populations.
Electric car sales surged by 55% last year to surpass 10 million, and China led the way: IEA
China, Europe and the U.S. are major players when it comes to electric cars.
Here are the top 25 companies to work for in India, according to LinkedIn — and most of them are not in tech
India's "LinkedIn Top Companies 2023″ list saw 17 companies making their debut — an indication of "strong momentum" in the country's business ecosystem.
Employee surveillance is on the rise — and that could backfire on employers
"If the intent of surveillance is to control … then the entire basis of remote working is lost," says Randstad's managing director for Singapore and Malaysia.
China's EV players are starting to compete on driver assist tech
Companies in China are playing up assisted driving technology as a way to compete in the hot electric car market.
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