Biden ends reelection bid and backs Harris. S&P 500 and Nasdaq post biggest weekly loss. CrowdStrike failure.
Xiaomi launches first flip phone at just over $800, with a $70 portable printer
The Mix Flip starts at 5,999 yuan ($825), the Chinese company announced.
Asia markets track Wall Street slide as tech sell-off continues; Japan headline inflation holds steady
Japan’s headline inflation was unchanged from May at 2.8%, while core inflation, which strips out prices of fresh food, accelerated to 2.6%, from 2.5% in May.
China calls for bolstering tech ‘breakthroughs’ and achieving the full-year growth target
China’s top leaders met from Monday to Thursday in Beijing for a highly anticipated policy meeting called the Third Plenum.
U.S.-China tensions are not a ‘new Cold War,’ veteran Singapore diplomat Bilahari Kausikan says
The term is “misleading” and only bears “superficial similarities to the U.S.-Soviet competition of [an] earlier era,” he says.
CNBC’s Inside India newsletter: How will India spend its billions?
There are high expectations for a “populist” budget since the recent general election results delivered a slimmer than expected win for Modi.
A new Raffles hotel opened in India’s ‘Pink City.’ Here’s what it looks like inside
Raffles Jaipur is a 50-room luxury hotel in the heart of Rajasthan’s capital city.
IMF raises India’s economic outlook, says global growth will remain lackluster
While the IMF takes a bullish stance toward China and India’s economic outlook, the U.S. could see a slowdown in growth momentum.
Asia-Pacific markets tumble as chip stocks fall; Nasdaq records its worst day since 2022
Japan’s trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.