Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei is developing its own operating system for smartphones and laptops, but the company says it would only be used in "extenuating circumstances."Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 75 seats in Australia's parliament, one seat short of a 76-seat majority.Electionsread more
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any...World Politicsread more
SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Entrepreneurs are the economic pulse of Asia Pacific, which continues to be the world's fastest-growing region, according to Credit Suisse.
"Asia has the highest number of first- and second-generation entrepreneurs, which drives the economy," Credit Suisse Asia Pacific CEO Helman Sitohang told CNBC at the bank's annual Asian Investment Conference.
Countries have become more prosperous as a result of that trend, Sitohang added.
"Asia now officially has the highest number of billionaires, millionaires and ultra high net worths in the world, that shows that growth and wealth creation in the region has proven to be successful and continues."
Credit Suisse wants to be "the trusted entrepreneur bank in the region," Sitohang said, adding that the focus was particularly on entrepreneurs with large- and mid-sized endeavors. "That positioning has been working well for us ... our franchises have continued to grow," he added.
He said he expects a "robust" performance from regional capital markets this year amid expectations for the Federal Reserve to embark on four hike interest rate hikes.