BOJ holds rates at 1%, warns of core inflation exceeding 2% target
The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.
South Korea’s ‘bipolar’ stock market: meltdowns, a record rally and what’s to come
South Korea’s stock market staged its sharpest reversal on record on Friday, capping a month of wild swings.
CXMT’s blockbuster debut in Shanghai sets stage for next test against global memory giants
The company faces a challenge as it does not have access to the latest extreme ultraviolet, or EUV, lithography machines, essential for manufacturing advanced chips.
China’s factory activity unexpectedly contracts in July on demand slump, typhoons
China’s factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.
CNBC Daily Open: Potential Iran tariffs, data centers and tech comments
U.S. President Donald Trump wants Congress to add tariffs on Iran to a sanctions bill against Russia and Tehran that has bipartisan support.
SK Hynix, Samsung shares skyrocket to clock best days as AI rally roars back
South Korea’s chip heavyweights SK Hynix and Samsung Electronics soared more than 20% on Friday, tracking a sharp rally in U.S. technology stocks.
Anthropic says its Claude models ‘gained unauthorized access’ to other organizations’ systems
Anthropic said it discovered three instances where its Claude AI models accessed the internet during an evaluation and accessed outside systems.
Fast-fashion retailer Shein’s 3-year IPO odyssey may have cost it the ‘golden time’ to go public
Investors are questioning whether Beijing’s blessing can carry a $40-billion-plus valuation for a clothing retailer whose growth engine is stalling.
Indonesian state telecom said to weigh sale of venture arm managing $830 million
Indonesia’s state-owned telecom giant is exploring a sale of MDI Ventures, according to people familiar with the matter.
Amazon says it got $600 million in Trump tariff refunds and will pass return along to some customers
The company previously hadn’t disclosed whether it would recoup tariff costs after the Supreme Court ruled many of President Donald Trump’s levies were illegal.
