Delivery Hero ends talks to sell Foodpanda in Southeast Asia after months of negotiations
Delivery Hero has terminated negotiations with an undisclosed third party regarding the sale of its Foodpanda business in some Southeast Asian markets.
Boeing touts 737 Max as ‘the safest airplane,’ says China’s C919 is similar to what’s on the market
Boeing touted its 737 Max aircraft as the “safest airplane” and said China’s latest domestic jetliner Comac C919 is similar to offerings by Airbus and Boeing.
Chinese tourists are driving Asia-Pacific’s travel boom — flight bookings to hit pre-pandemic levels
Travel demand in Asia-Pacific is “a little bit shy” of returning to 2019 levels and is expected to hit pre-pandemic levels this year, said Willie Walsh, director general of the IATA.
AI and semiconductor stocks surge after Nvidia’s earnings beat
Following Nvidia’s earnings report, share prices of rivals Advanced Micro Devices and SoftBank-backed U.K. chip designer Arm Holdings also made gains.
Japan’s Nikkei crosses 39,000 as robust earnings, investor-friendly measures drive risk-on sentiment
Investors have cheered Warren Buffet’s bullish calls on Japan and Tokyo’s push to compel Japan Inc to boost shareholder returns.
S&P 500 closes at a fresh record, Nasdaq jumps nearly 3% fueled by Nvidia: Live updates
Stocks rose Thursday, boosted by a jump in Nvidia shares as the chip giant posted record revenue and issued upbeat guidance.
Singapore’s UOB revises down 2024 loan growth, fourth-quarter profit beats forecasts
Singapore’s UOB revised its 2024 loan growth forecast to low single digits from mid-single digits following a robust 22% increase in fourth quarter net profit.
CNBC Daily Open: Wariness over rate cuts lingers
While most members believed rates were “likely at their peak,” there was still uneasiness over the inflation picture.
Asia-Pacific markets trade mixed; Bank of Korea rate decision is on tap
Asia-Pacific markets traded mixed Thursday, as the region awaits a slew of economic data and the Fed maintained they were in no hurry to cut rates.
JPMorgan reveals its favorite European stock picks — giving one over 93% upside
It also revealed a list of “unattractive” stocks in banking, a sector it’s underweight on.
