Australia’s Qantas delivers record profit, reveals plans to increase international fleet
Australia’s Qantas announced a record annual profit on Thursday, and announced a share buyback and a multi-billion dollar order for 24 new aircrafts.
China suspends all seafood imports from Japan after treated radioactive water is released from Fukushima
The country’s customs agency said this was to prevent radioactive contamination.
Hong Kong stocks gain over 2%, Asia markets rise as investors assess rate decisions in South Korea and Indonesia
Central banks in South Korea and Indonesia are expected to hold their benchmark policy rates.
CNBC Daily Open: Nvidia underpromises and massively overdelivers
Nvidia’s second-quarter revenue beat not only its own expectations but also that of analysts. And the numbers are just incredible.
Germany is struggling to move away from its ‘sick man of Europe’ image
Germany is struggling to move away from its “sick man of Europe” image as the country battles a series of short and long-term issues.
A new PM and a fugitive’s return: here’s what Thailand’s political future holds
The return of Thaksin Shinawatra could mark the end of a chapter in Thai politics, even as some believe he will still be pulling the strings — albeit from behind.
Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year
Grab also pushed forward its breakeven target to the third quarter and said it expects 2023 revenue between $2.2 billion and $2.3 billion.
Fukushima nuclear plant begins releasing treated radioactive wastewater into the sea
In a live video from a control room at the plant Thursday, Tokyo Electric Power Company Holdings showed a staff member turn on a seawater pump.
Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results
Shares of Taiwan Semiconductor Manufacturing Corp, which manufactures all of Nvidia’s advanced AI semiconductors climbed as much as 1.81%
India set to ban sugar exports for first time in 7 years, Reuters reports
India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years.
