Worst is yet to come: Economist Stephen Roach says U.S. needs 'miracle' to avoid recession
Stephen Roach, known for serving as Morgan Stanley Asia chair, warns the Fed's aggressive tightening policies haven't kicked in yet.
CNBC Asia
Chinese tech giants had their worst quarterly growth on record, thanks to Beijing's zero-Covid policy
In the second quarter, Alibaba posted its first ever flat year-on-year quarterly revenue growth and Tencent reported its first sales decline on record.
Rare 'tomato flu' spreads to more children in India, prompting health advisory
A rare, new viral infection afflicting young children has prompted health authorities in India to issue a health advisory after over 100 cases were discovered.
It's been an employee's market in Asia-Pacific, but a recession may change that, consulting firm says
One in five companies in Asia-Pacific have issued hiring freezes, with 40% hiring for just critical roles, according to the consulting firm.
Japan is pivoting back to nuclear after Fukushima disaster — and the IEA says it'll help cool gas markets
Japan is looking to bolster its options amid ongoing uncertainty in global energy markets.
Qantas CEO blames 'little government support' and Covid for lagging some of its peers
Australia's national carrier posted its third consecutive year of losses before tax of $1.19 billion Australian dollars.
Sky-high rents hit the aircraft market as Boeing jets top $300,000 a month
The cost to rent aircraft has surged this year as travel demand returned while planes are in short supply.
Chinese EV maker Xpeng teases two new cars — and one will compete with Tesla's Model Y
Xpeng President Brian Gu said one of the vehicles will launch in the first half of next year and can be considered a "strong competitor" to Tesla's Model Y.
Jail will be tough for ex-Malaysian leader Najib, who's used to a 7-star hotel lifestyle, says Anwar
Former Prime Minister Najib, charged for his role in the embezzlement of billions of dollars from 1MDB, lost his appeal against his jail sentence on Monday.
Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
Despite its renewable energy goals, India remains reliant on fossil fuels.
Samsung's new foldy phone is more versatile than my iPhone, but it's not worth $1,800
CNBC's Sofia Pitt has been testing Samsung's $1,800 Galaxy Z Fold 4 for two weeks. Here are three takeaways from her first experience with a foldable phone.
Japan just signaled a big shift in its post-Fukushima future
Japan is targeting carbon neutrality by the year 2050.
Chinese Tesla rival Xpeng tanks 12% after wider-than-expected loss and weak car delivery guidance
Xpeng said it expects to deliver between 29,000 and 31,000 electric vehicles in the third quarter, lower than what the market had expected.
Former Apple engineer accused of stealing automotive trade secrets pleads guilty
Zhang was accused of downloading internal Apple files about the company's car project, including a 25-page document with engineering schematics.
China's $89 billion e-commerce giant JD.com posts slowest quarterly growth on record
JD.com shares surged after it beat top and bottom line expectations in the second quarter but posted its slowest year-on-year revenue growth on record.
U.S. companies in Taiwan haven't seen 'appreciable' disruptions over China tensions, says AmCham survey
Most member companies of the American Chambers of Commerce in Taiwan said there has been no significant disruption to business despite escalating tensions.
China and India could become clean hydrogen leaders — but the industry has a long way to go, says CSIS
China and India have the potential to become world leaders in "clean" hydrogen, but the market is still in its infancy, said Jane Nakano, senior fellow at CSIS.
Once high-flying Chinese tech giants are now looking to scale back costs
Alibaba and Tencent have felt the effects of a Covid-induced economic slowdown in China which is hitting areas from consumer spending to advertising budgets.
Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake
An Australian bank plans to stop giving loans for new diesel and gasoline cars as the country tries to encourage the use of electric vehicles.
China issues first national drought emergency amid scorching temperatures
China is suffering from its worst heatwave in six decades as temperatures in dozens of cities surpass 40 degrees Celsius, or 104 degrees Fahrenheit.
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