Nio plans to launch its mass market EV brand in May
Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May.
South Korea to speed up reforms for boosting shareholder returns and tackling ‘Korea discount’
The Financial Services Commission chairman Kim So-young said regulators will be speeding up the schedule for the earlier announced reforms.
Japan launches bullet train service to a region that ‘guidebooks rarely mention’
Japan is launching a new high-speed bullet train, or shinkansen, extension on Saturday that will make an under-the-radar prefecture more accessible to travelers.
Israeli strikes kill at least 29 Gazans awaiting aid, Palestinian officials say
At least 29 Palestinians were killed while awaiting aid in two separate Israeli attacks in the Gaza Strip on Thursday, Gaza’s health ministry said.
Japan’s same-sex marriage ban is unconstitutional, high court says
Japan’s high court ruled the ban on same-sex marriage as unconstitutional, a divisive issue among lower courts and at odds with changing public opinion.
CNBC Daily Open: Another hot inflation gauge fuels worry
Yet, another inflation gauge came in hot that spells trouble for the Fed.
The rise of the Robin Hood tax
The so-called wealth tax is a politically divisive economic policy, but one that is regaining traction amid rising inequality and shifting demographics. U.S. President Joe Biden in his 2024 State of the Union address became the latest to propose such p…
Chinese ride-hailing company Didi Global must face U.S. investor lawsuit over IPO
Chinese ride-hailing firm Didi Global is being sued in a U.S. court for allegedly defrauding investors by hiding a Chinese government order to delay its 2021 IPO.
Hong Kong leads losses in Asia after hot U.S. inflation report; Japan workers set for sharpest wage spike in 30 years
Japan is expected to see the first estimates from its spring wage negotiations on Friday, ahead of the Bank of Japan’s monetary policy meeting on March 18-19.
UBS reveals its most and least preferred semiconductor names, giving one 70% upside
The divergence between semiconductor stocks that are doing well and those that aren’t is becoming starker, the bank says.
