More than half of new cars sold in China are now electric or hybrid
New energy vehicles outsold traditional fuel-powered passenger cars in July, according to China Passenger Car Association data.
Malaysia’s prime minister lauds country’s burgeoning chip hub status as Infineon opens new plant
Multinational companies have increasingly looked to increase their presence in the Southeast Asian nation as they diversify operations amid U.S.-China tensions.
News Corp considers selling Australia pay TV and streaming unit
News Corp said it was considering the deal in a trading update in which the division posted a 5% profit decline for the June quarter.
China’s consumer prices pick up more than expected in July, up by 0.5%
China’s consumer prices rose by a more-than-expected 0.5% in July from a year ago, according to data from the National Bureau of Statistics on Friday.
CNBC Daily Open: Fake breakout?
The small-cap focused Russell 2000 Index’s recent volatile performance has led Wolfe Research to conclude that its recent breakout was illusory.
This could be the first hydrogen-powered aircraft to fly non-stop around the globe
The team behind Climate Impulse aims to showcase hydrogen’s value as an alternative fuel for air travel. But with many design issues to overcome and an entire industry to overhaul, the aircraft has a lot to prove.
Asia-Pacific markets higher after U.S. stocks bounce back from rout
Asia-Pacific markets opened higher on Friday, tracking gains on Wall Street after new labor market data eased recession concerns.
More Chinese EV makers debut in Singapore as the city-state boosts adoption with incentives, more charging points
More Chinese electric vehicle brands are launching in Singapore as the government pushes for EV adoption with extended incentives and charging points.
Goldman Sachs added these stocks to its global conviction lists, giving them more than 30% upside
The lists are the bank’s “curated and active” picks of between 15 and 30 top buy-rated stocks for each region. It gave one addition nearly 61% upside.
The Chinese yuan could be the next ‘carry trade’ to unwind. Here’s what to watch for
“I think the next potential carry trade to unwind could be the yuan,” Khoon Goh, head of Asia research at ANZ Bank, told CNBC’s “Squawk Box Asia.”
