Asia Tonight: Business news in brief July 13
Business Briefs on Asia Tonight, July 13: – Google to invest $10 billion in India over next five to seven…
Taiwan reports six new coronavirus cases in largest single-day rise, all imported
FILE PHOTO: A face mask is hanged on a desk divider, set up as a measure against the coronavirus disease…
Israel to use anti-terror tech to counter coronavirus ‘invisible enemy’
JERUSALEM (Reuters) – Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimize the…
U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs
WASHINGTON (Reuters) – The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to…
China shuts transport, temples, Disneyland as virus toll rises to 25
XIANNING, China (Reuters) – China stepped up measures to contain a virus that has killed 25 people and infected more…
Asia shares feel a chill as China virus risks mount
SYDNEY (Reuters) – Asian shares took a sudden turn for the worse on Tuesday as mounting concerns about a new…
China reports new virus cases, raising concern globally before key holiday
BEIJING (Reuters) – China reported four more cases of pneumonia believed to be caused by a new coronavirus strain, causing…
Asian shares buoyed by Wall St rally, but China worry caps gains
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs…
Asian stocks rise as trade talks gain momentum
TOKYO (Reuters) – Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington…
Asia shares in waiting mode ahead of Fed, ECB events
SYDNEY (Reuters) – Asian share markets got the week off to a muted start on Monday as jaded investors awaited…
Asian shares rally on U.S.-China trade deal hopes
TOKYO (Reuters) – Asian shares closed in on their July peak on Tuesday on increasing signs the United States and…
13 Amazing Photos You Missed This Week
With the nonstop news cycle, it’s easy to miss great images that fly under the radar. But we’ve got you…
Asian shares edge lower as U.S. House readies Trump impeachment inquiry
TOKYO (Reuters) – Asian stocks fell on Wednesday after the U.S. lawmakers called for an impeachment inquiry into President Donald…
Waning ECB stimulus bets push bond yields higher
LONDON (Reuters) – Global bond yields rose on Monday, amid growing caution over the extent to which the European Central…
Qualcomm-Samsung axis brings 5G to the masses as Huawei struggles
SAN FRANCISCO/BERLIN (Reuters) – Qualcomm Inc (QCOM.O) promised on Friday to bring 5G mobile phones to the masses with a…
Asia shares rise on trade talks hope, firm U.S. data; safe havens sold
TOKYO (Reuters) – Asian stocks gained on Friday, joining a global trend as investors took heart from firm U.S. economic…
China, U.S. to collect additional tariffs on each other’s goods
BEIJING (Reuters) – China and the United States will begin imposing additional tariffs on each other’s goods on Sunday, the…
SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon…
Back-to-back earthquakes strike Philippines killing 8 and injuring at least 63
Back-to-back strong earthquakes struck the northern Philippines just hours apart early Saturday, killing at least eight people, injuring at least…
Jeremy Lin Says He ‘Would Consider’ Playing Basketball In Asia
Jeremy Lin wouldn’t be opposed to a gig overseas. The free agent, who’s currently in Taiwan, told reporters that roughly…
Apple pays $1 billion for Intel unit in push for chip independence
(Reuters) – Apple Inc (AAPL.O) took a major step toward supplying its own smartphone chips by purchasing the majority of…
Easing hopes prop up global stocks, pound sags as Britain eyes new PM
TOKYO (Reuters) – Expectations of policy easing by major central banks such as the Federal Reserve propped up global stocks…
Mental health issues in Hong Kong surging amid tumultuous protests, experts say
HONG KONG (Reuters) – Stress and trauma over the political turmoil surrounding Hong Kong’s extradition bill has created an unprecedented…
State Department proposes $2 billion sale of arms to Taiwan
The State Department is proposing the sale of $2.2 billion in arms to Taiwan, including 108 Abrams tanks and 250…
Asian shares cautious as weak manufacturing data stoke growth worries
SHANGHAI (Reuters) – Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth,…
Global stocks enjoy relief rally in Asia, bonds retreat
SYDNEY (Reuters) – Stocks rallied while bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute…
Asia stocks slip after Fed tempers aggressive rate cut expectations
TOKYO (Reuters) – Asian stocks slipped on Wednesday and the dollar pulled back from three-month lows after Federal Reserve officials…
Dollar falls with yields as more Fed talk awaited
SYDNEY (Reuters) – Asian stocks were left adrift on Tuesday as expectations of more dovish talk from the Federal Reserve…
Why proposed changes to Hong Kong’s extradition law fueled protests
HONG KONG (Reuters) – Hong Kong leader Carrie Lam has delayed indefinitely a proposed law that would allow extraditions to…
Asian stocks subdued, oil near five-month low on U.S. inventory build
TOKYO (Reuters) – Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil…
Exclusive: Promising thousands of U.S. jobs, Foxconn offshored 155 to Mexico
WASHINGTON (Reuters) – Foxconn has offshored more than 150 U.S. jobs to Mexico, according to the Labor Department, even as…
Intel cuts forecast as China data center sales remain weak
(Reuters) – Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts’ estimates for first-quarter sales for…
Wisconsin governor wants to renegotiate Foxconn contract
Gov. Tony Evers said Wednesday that he wants to renegotiate Wisconsins nearly 3 billion contract with Foxconn Technology Group, saying…
Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of the…
Qualcomm shares soar on surprise settlement with Apple of long legal dispute
(Reuters) – Qualcomm Inc on Tuesday won a major victory with a surprise settlement of its wide-ranging legal dispute with…
Asia stocks hover below nine month peak after Wall Street stalls
TOKYO (Reuters) – Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though…
Foxconn says Gou will remain chairman, to withdraw from daily operations
FILE PHOTO: Terry Gou, founder and chairman of Taiwan’s Foxconn Technology, attends a session of the second annual World Internet…
Asian shares pause near eight-month high, dollar weakens
SYDNEY (Reuters) – Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest…
Asia shares sit on weekly gains, await U.S. jobs test
SYDNEY (Reuters) – Asian share markets consolidated weekly gains on Friday as Sino-U.S. talks dragged on with no concrete conclusions,…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while…
Pound jumps, Asian shares rise after changes to Brexit deal
SHANGHAI (Reuters) – The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in…
Asia shares sluggish as global growth concerns return; ECB meeting eyed
TOKYO (Reuters) – Asian shares eased on Thursday, with caution prevailing as investors awaited some kind of resolution to Sino-U.S.…
SK Hynix plans to spend $107 billion building four memory chip plants
SEOUL (Reuters) – South Korea’s SK Hynix Inc on Thursday said it would spend $107 billion building four factories, as…
Asian stocks subdued, focus on new round of Sino-U.S. talks
TOKYO (Reuters) – Asian shares barely budged on Tuesday with investors looking to a new round of Sino-U.S. trade talks…
U.S. dollar, yields firm; oil comes off two-month highs
NEW YORK (Reuters) – The U.S. dollar gained for a third straight session against a basket of currencies and U.S.…
Asia shares recover as China stocks rise after weak data
TOKYO (Reuters) – Asian shares edged up on Thursday as stimulus expectations and a rise in the yuan helped Chinese…
Asian shares perk up ahead of key policy events in China, U.S.
TOKYO (Reuters) – Asian share markets ticked up on Monday as investors cautiously looked to whether key policy events in…
Stock selloff snowballs as investors price in slowing world economy
LONDON (Reuters) – Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower…
U.S., China agree trade war ceasefire after Trump, Xi summit
BUENOS AIRES (Reuters) – China and the United States agreed to a ceasefire in their bitter trade war on Saturday…
Wall Street futures, Asia stocks jump back on GOP’s house prospects
TOKYO (Reuters) – Wall Street stock futures and Asian shares erased losses to eke out small gains on Wednesday as…
Asia shares ride Wall Street bounce, China muted
SYDNEY (Reuters) – Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on…
Is China building on disputed Spratly Islands reefs? BBC News
Subscribe to BBC News www.youtube.com/bbcnews Rupert Wingfield-Hayes reports on China’s unusual tactic to secure ownership of disputed territory in the…
Emerging markets and equities reel as dollar flexes muscles
LONDON (Reuters) – The sell-off in emerging markets gathered pace on Wednesday and global stocks fell for the fourth day…
Predicting Trump: Chinese turn to fortune tellers to divine trade war
SHANGHAI (Reuters) – As analysts crunch trade data and political commentators dissect official statements for signs of how the Sino-American…
6.4 magnitude earthquake hits Taiwan
2 dead, 31 injured in collapsed buildings. To read more http://www.cbc.ca/news/1.3436290 »»» Subscribe to CBC News to watch more videos:…
Asia stocks makes modest gains as trade optimism extends Wall Street’s bull run
TOKYO (Reuters) – Asian stocks were mostly higher on Thursday, buoyed by a firmer finish on Wall Street, which hit…