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Recent Developments and News in Asia

Gabrielle Fonrouge - Lululemon cuts guidance, misses sales estimates after botched product launch - cnbc.com

Lululemon cuts guidance, misses sales estimates after botched product launch

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. 

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CNBC's Inside India newsletter: A tale of tier 2 cities - cnbc.com - India - city New Delhi - city Mumbai - city Chennai - city Hyderabad

CNBC's Inside India newsletter: A tale of tier 2 cities

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe  here.

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Ryan Browne - Dara Khosrowshahi - Uber takes stake in SoftBank-backed self-driving tech startup Wayve - cnbc.com - Japan - Britain

Uber takes stake in SoftBank-backed self-driving tech startup Wayve

LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology.

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Nippon Steel - Takahiro Mori - Reuters - Tim Walz - Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says - scmp.com - Japan - China - Usa - Australia - state Minnesota - city Tokyo

Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says

Nippon Steel and other Japanese steelmakers are urging Tokyo to consider curbing cheap steel imports coming from China, the world’s biggest steel producer, to protect the local market, Vice-Chairman Takahiro Mori said in an interview.

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Arjun Kharpal - Nvidia shares fall despite earnings beating estimates - cnbc.com - Taiwan

Nvidia shares fall despite earnings beating estimates

Nvidia shares fell on about 6% Thursday, as the company's fiscal second-quarter gross margin dipped slightly, and its revenue beat was eclipsed by a backdrop of increasingly lofty expectations.

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Bitcoin drifts back to $60,000, trimming the week's losses: CNBC Crypto World - cnbc.com

Bitcoin drifts back to $60,000, trimming the week's losses: CNBC Crypto World

Watch Daily: Monday - Friday, 3 PM ET

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MacKenzie Sigalos - Affirm shares have best day in three years, surge 32% after earnings beat - cnbc.com - county Jerome - city Powell, county Jerome

Affirm shares have best day in three years, surge 32% after earnings beat

Affirm shares soared nearly 32% on Thursday, notching their best day in almost three years, after the provider of buy now, pay later loans beat on the top and bottom lines in its earnings report.

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Ryan Browne - Delivery Hero shares pop 10% as European food delivery giant plans IPO of Middle East unit - cnbc.com - Qatar - Uae - Saudi Arabia - Jordan - Egypt - Iraq - Oman - Kuwait - Bahrain - city Dubai

Delivery Hero shares pop 10% as European food delivery giant plans IPO of Middle East unit

European food delivery firm Delivery Hero says it plans to spin off its Middle East business Talabat and float it on the Dubai stock exchange later this year.

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