AirAsia’s Fernandes refutes financial concerns, points to new growth plans
AirAsia’s Tony Fernandes pushed back against a report raising concerns over the airline’s financial health, while signaling plans to resume growth.
An intense boardroom battle is brewing at India’s giant Tata Group
In 10 years, India’s leading multinational conglomerate, the Tata Group, is facing a new power struggle between the chairman of Tata Sons and Tata Trusts.
Why Japan’s markets flipped the usual script after central bank rate hike
The yen weakened past 157 against the dollar, the yield on the 10-year Japanese Government Bond slipped, while the Nikkei 225 gained 1.5%.
Bitcoin is set to hit a key level by next year as fiscal worries prop up the cryptocurrency: VanEck
Sigel said that conversations with institutional clients, from advisors to sovereign wealth funds indicate that they are all buying bitoin.
CNBC Daily Open: Hike, hold, hike
A trio of major central bank decisions dominates trading this week, but focus turns to geopolitical stains ahead of President Trump’s meeting with Xi Jingping.
Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride
Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.
Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report
The UN mission pointed out the missile strike on a primary school that killed over 150 people, as well as another airstrike which killed 22 civilians.
CNBC Daily Open: Trump’s tariff leverage, EU warning and Iran hopes
The one place Washington’s leverage is unambiguous is tariffs, where Congress just gave Trump a fresh weapon aimed at Beijing and New Delhi.
Oil finishes the week flat as the market sees Saudi pipeline outage as less disruptive than feared
Saudi Arabia and the Houthis exchanged fresh attacks across their border, raising concerns that the widening Middle East conflict could further disrupt supplies
