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Markets asian news

Alex Travelli - Disney to Step Back From India in Mega Deal with Reliance Industries - nytimes.com - India

Disney to Step Back From India in Mega Deal with Reliance Industries

The Walt Disney Company had an India-sized twinkle in its eye as early as 1993, when it first came to the country of now 1.4 billion potential media consumers. It started small and found a distributor to broadcast some of its content over airwaves that were just opening to global capitalism.

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Nikkei staff writer - TSUBASA SURUGA - ASEAN startups pay more for sales jobs to chase cash, study finds - asia.nikkei.com - Singapore - city Singapore

ASEAN startups pay more for sales jobs to chase cash, study finds

SINGAPORE -- Southeast Asian startups' salaries for new hires in business development and sales have risen by as much as 20%, according to an annual report published Thursday, reflecting young companies' urgent need to generate cash amid a tougher funding environment. 

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Nikkei staff writer - South Korea's Coupang eyes luxury goods after earning first profit - asia.nikkei.com - South Korea - New York - city Seoul

South Korea's Coupang eyes luxury goods after earning first profit

SEOUL -- After snagging its first ever operating profit last year, South Korean online retailer Coupang is aiming to extend its reach in the domestic market beyond food and daily necessities to luxury goods, leveraging a recent acquisition of high-end U.K.-based platform Farfetch.

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How China's property bubble burst - cnbc.com - China - city Beijing

How China's property bubble burst

Desperate property developers in China have resorted to gifts like new cars, free parking spaces, phones and other consumer goods to attract homebuyers and boost flagging sales.

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Mukesh Ambani - Sumathi Bala - CNBC Daily Open: Wall Street on edge over Fed's key inflation gauge - cnbc.com - India

CNBC Daily Open: Wall Street on edge over Fed's key inflation gauge

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

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Jonathan Vanian - Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20% - cnbc.com - New York

Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%

Snowflake said on Wednesday that billionaire CEO Frank Slootman, who joined the cloud software company in 2019 and took it public the following year, is retiring and will be replaced by former Google ad chief Sridhar Ramaswamy. Shares of Snowflake plunged 24% in extended trading.

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Ryan Browne - Give us your nominations: CNBC is listing the world’s top fintech companies - cnbc.com - China

Give us your nominations: CNBC is listing the world’s top fintech companies

For a second year, CNBC and independent research firm Statista are working together to identify the world's top fintech companies, to be named in a published CNBC report this July.

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Etf - Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally - cnbc.com

Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally

Retail traders appear to be using a new tool during this huge rally for bitcoin — exchange-traded funds.

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Ruxandra Iordache - Mukesh Ambani - Disney and Reliance to merge media businesses in India in $8.5 billion joint venture - cnbc.com - India

Disney and Reliance to merge media businesses in India in $8.5 billion joint venture

Walt Disney and Indian conglomerate Reliance will merge their Indian businesses, the U.S. entertainment giant announced Wednesday.

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