Dylan Butts

This is CNBC's live blog covering Asia-Pacific markets. SINGAPORE — Asia-Pacific markets were set to open mostly higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results.

President elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.

Key Points China's tobacco industry, monopolized by state-owned China Tobacco, realized revenue of about 1.5 trillion yuan ($210 billion) in fiscal year 2023, up 4.3% from the previous year.

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight.

Japan has announced its latest plan to boost the country's chip and AI industries as it works to regain its leading position in semiconductor technology.

Key Points Chinese President Xi last week inaugurated a Chinese-backed megaport in Peru that creates a direct sea corridor between Shanghai and Peru.

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets were set to open mostly lower Wednesday, following a mixed day on Wall Street amid mounting geopolitical tensions between Ukraine and Russia.

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets were set to open mostly lower Wednesday, following a mixed day on Wall Street amid mounting geopolitical tensions between Ukraine and Russia.

Capital raising activity is set for a rebound in the U.S. amid a global "industrial renaissance," Oaktree Capital Management Co-Chairman Howard Marks says.

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.