Asia News

Most recent stories in Asia News

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  CNBC

  

  2 days ago

  Chinese AI has leveled up, and brought renewed focus on the open weight model shift

  CNBC - Kai Nicol-Schwarz, Jonathan Vanian

  Chinese startup Moonshot AI has unveiled a new model it says closes the gap with leading U.S. offerings and surpasses OpenAI and Anthropic's most …

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  CNBC

  

  2 days ago

  Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain

  CNBC - Sam Meredith, Elsa Ohlen

  Iran on Friday claimed it had targeted U.S. military forces in Syria and Bahrain, widening its attacks in the region as the U.S. completed its sixth …

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  CNBC

  

  2 days ago

  Seven & i shares end 3.6% higher on report of stake talks with Polish convenience chain Zabka

  CNBC - Jenny Lee

  Seven & i Holdings Co. shares closed 3.6% higher Friday after a Nikkei report said the 7-Eleven parent was nearing a deal to buy a stake in Polish …

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  CNBC

  

  2 days ago

  Xi pitches China as AI partner to developing world, warns against risks and security overreach

  CNBC - Lim Hui Jie

  Chinese President Xi Jinping on Friday positioned China as a partner in artificial intelligence to the Global South, saying that countries should …

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  CNBC

  

  2 days ago

  India's biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy

  CNBC - Priyanka Salve

  India's biggest public market offering this year, SBI Fund Management, has garnered bids worth 2.97 trillion rupees ($30.7 billion), underscoring the …

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  CNBC

  

  2 days ago

  One of China's top investors says finance, not AI, is the country's biggest bottleneck

  CNBC - Anniek Bao

  China's biggest weakness in its rivalry with the United States isn't AI, semiconductors or tariffs. It's finance, according to one of the financiers …