Typhoon Gaemi Heads for China as Cargo Ship Sinks Off Taiwan
Typhoon Gaemi was churning toward mainland China on Thursday afternoon as rescue personnel searched for nine sailors who went missing when a cargo ship sank in bad weather near Taiwan.
Reports asian news
Tesla shares close down 12% after earnings miss for biggest slump since 2020
Tesla shares plummeted the most since 2020 after the electric vehicle maker reported weaker-than-expected quarterly earnings and another drop in automotive revenue.
Salary transparency gains steam in Asia as young people share their salaries online
Pay transparency is gaining traction as organizations adapt to new regulations, but one part of the world is still playing catch-up as discussing compensation openly remains taboo.
BOJ to weigh rate hike next week, detail plan to halve bond buying, Reuters reports
The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond purchases in coming years, sources said, signaling its resolve to steadily unwind its massive monetary stimulus.
China aims to control dairy, beef output as weak sales hit prices
China plans to implement measures to help dairy and beef producers limit production to prevent prices from falling further, an agriculture official said on Wednesday, adding to existing rules on pork producers as meat consumption declines.
CNBC Daily Open: Wall Street sinks, Ford slumps
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Stock futures rise after S&P 500, Nasdaq post worst day since 2022: Live updates
Stock futures rose Wednesday night after a sharp tech-driven sell-off dragged the Nasdaq Composite and the S&P 500 to their worst session since 2022.
India likely to ease curbs on some Chinese investments, Reuters reports
India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said.