Asia Economy
IndiGo shares jump 8% after India’s largest airline names industry veteran William Walsh as CEO
Indigo is one of a handful of airlines that are rerouting and canceling flights to avoid Pakistan’s airspace. Nicolas Economo |NurPhoto | Getty Images Shares of InterGlobe Aviation, which runs India’s largest airline IndiGo, rose more than 8% Wednesday, a day after it named industry veteran William Walsh as its new chief executive. Walsh, 64, […]
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Oil extends gains after record monthly rally as Trump signals Iran war exit amid energy disruptions
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Crude prices extended gains during Asia trading as escalating attacks in the Persian Gulf and U.S. President Donald Trump’s signals on exiting the Iran conflict even as the Strait of Hormuz remains […]
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CNBC Daily Open: Markets rally as Trump signals Iran war could end soon
U.S. President Donald Trump attends to sign an executive order in the Oval Office of the White House in Washington, D.C., March 31, 2026. Evan Vucci | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The global markets rollercoaster resulting from the U.S. war […]
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Asia-Pacific markets set to rebound as Trump comments raise hopes of Iran war ending in weeks
IBARAKI, JAPAN – JUNE 17: Technicians at work in the clean room of the Fab Equipment at a semiconductor company, Renesas Technology Corp. on June 17, 2004 in Ibaraki, Japan. Renesas is the first company to produce semiconductor products from 300mm wafer in the world. (Photo by Koichi Kamoshida/Getty Images) Koichi Kamoshida | Getty Images […]
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South Korea proposes extra $17 billion budget to cushion energy costs fueled by Iran war
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul, on March 26, 2026. Nurphoto | Nurphoto | Getty Images South Korea on Tuesday proposed a supplementary budget worth 26.2 trillion won (about $17.1 billion) to ease the burden of rising energy prices on households and industries […]
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Indian mobile giant Airtel raises $1 billion for data centers from Carlyle, other PE firms
A Bharti Airtel office building pictured in Gurugram, on the outskirts of New Delhi. Pacific Press | Lightrocket | Getty Images India’s telecom giant Bharti Airtel has raised $1 billion for its data center arm — Nxtra Data — from private equity firms Alpha Wave, Carlyle and Anchorage Capital, underscoring a growing global interest in […]
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China’s factory activity returns to growth, expanding at its sharpest pace in a year
LIANYUNGANG, CHINA – FEBRUARY 28: Employees produce stuffed toys for export at a toy factory on February 28, 2026 in Lianyungang, Jiangsu Province of China. Si Wei | Visual China Group | Getty Images China’s official gauge for manufacturing activity climbed more than expected in March to mark its best performance in a year and snapping […]
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India flags slower growth, wider deficit as Iran war raises the stakes for New Delhi
People queue to refuel their vehicles at a gas station in Hyderabad, Telangana, India, on March 24, 2026, following import disruptions related to the war in the Middle East. Nurphoto | Nurphoto | Getty Images India has warned that its growth forecast of 7.0%–7.4% for the financial year ending March 2027 faces “considerable downside” risk […]
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CNBC Daily Open: Trump’s ‘favorite thing’ is Iranian oil
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Sometimes, two things can be true at the same time. But U.S. President Donald Trump’s declaration […]
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South Korea’s Kospi leads declines in Asia as Middle East war enters fifth week
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell sharply on Monday as the Middle East war entered its fifth week, with the conflict escalating despite efforts aimed at finding a diplomatic solution. The benchmark Kospi plunged over 5%, while the small-cap Kosdaq was […]
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