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‘Not unlike tariffs’: Iran war threatens to deepen Asia private equity’s worst fundraising slump in a decade
World

‘Not unlike tariffs’: Iran war threatens to deepen Asia private equity’s worst fundraising slump in a decade

Blackstone Group’s logo on display during the opening of the company’s new office in Singapore. Munshi Ahmed | Bloomberg | Getty Images Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder.  Signs of growing confidence began to emerge […]

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China industrial profits surge 15% to start year, but oil price shock threatens outlook
World

China industrial profits surge 15% to start year, but oil price shock threatens outlook

An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 11, 2026. – | Afp | Getty Images Chinese industrial firms saw their profits surge in the first two months of this year as officials pressed ahead with efforts to contain the fallout from […]

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CNBC Daily Open: Could the Strait of Hormuz be close to reopening? Markets cast doubt
World

CNBC Daily Open: Could the Strait of Hormuz be close to reopening? Markets cast doubt

Illustration of the Strait of Hormuz on a globe under a magnifying glass. Cfoto | Future Publishing | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Speaking on the economic fallout from the Iran war in a Cabinet meeting Thursday, President Donald Trump […]

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CNBC Daily Open: Iran rejects ceasefire, but reviews peace plan
World

CNBC Daily Open: Iran rejects ceasefire, but reviews peace plan

Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. markets rebounded on Wednesday as traders signaled hope that Washington and Tehran can eventually reach a ceasefire agreement. However, overall sentiment on Wall Street is waning, with economists raising their risk assessments of a U.S. recession […]

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White House says Trump will meet Xi in China in May
Politics

White House says Trump will meet Xi in China in May

U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | Reuters A long-awaited meeting between President Donald Trump and Chinese President Xi Jinping will […]

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CNBC’s The China Connection newsletter: The secret sauce behind Alibaba’s animation studio
World

CNBC’s The China Connection newsletter: The secret sauce behind Alibaba’s animation studio

Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. Today, I dive into Alibaba’s latest effort to take on the global animation market, just as Hollywood tries harder to capture Chinese moviegoers. What […]

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China sees long lines at the gas pump as Mideast turmoil hits
World

China sees long lines at the gas pump as Mideast turmoil hits

Panicked drivers lined up in long queues outside gas stations across China Monday after receiving an alert from Chinese oil giant Sinopec about a pending price hike. The state refiner issued a notice Sunday that the price of gas will be set higher by a “meaningful” amount starting March 24. “As soon as I got […]

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U.S. executives, from Apple to Eli Lilly, revamp their push into the world’s second-largest economy at the China Development Forum
World

U.S. executives, from Apple to Eli Lilly, revamp their push into the world’s second-largest economy at the China Development Forum

Apple CEO Tim Cook (L) stands with Siemens CEO Roland Busch prior to the opening ceremony of the China Development Forum 2026 at the Diaoyutai State Guesthouse on March 22, 2026 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — As corporate giants navigate U.S.-China tensions, more than 80 […]

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CNBC Daily Open: clock ticks on Trump’s Hormuz ultimatum
World

CNBC Daily Open: clock ticks on Trump’s Hormuz ultimatum

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. Benoit Tessier | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. I don’t know about you, but […]

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CNBC Daily Open: Trump issues Strait of Hormuz ultimatum
World

CNBC Daily Open: Trump issues Strait of Hormuz ultimatum

U.S. President Donald Trump speaks to the media, flanked by U.S. Secretary of State Marco Rubio, as he departs the White House for Florida, in Washington, D.C., U.S., March 20, 2026. Nathan Howard | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The Middle […]

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