CNBC - Asia News Turkey's leadership scrambles to regain investor confidence in its monetary policy 2018-05-25T10:04:00.000000000+00:00 Investors remain in doubt over the independence of Turkey's central bank and its ability to curb double-digit inflation ahead of national elections in June. Trump can take some lessons from the failed summit with North Korea, says a former US ambassador 2018-05-25T05:09:00.000000000+00:00 The U.S. should have gotten a better reading of North Korea's intentions, said a former American diplomat. Asian stocks close slightly lower after Trump cancels North Korea summit 2018-05-25T04:55:00.000000000+00:00 Asian markets drifted lower following news that U.S. President Donald Trump had canceled a meeting with Kim Jong Un. A Trump-Kim meeting could still take place down the road 2018-05-25T04:08:00.000000000+00:00 Experts said the bets weren't off on a meeting between President Donald Trump and Kim Jong Un taking place in time. China's box office recently beat the US, and is now on the cusp of a 'new growth cycle' 2018-05-25T03:49:00.000000000+00:00 Things could be setting up for a "Hollywood moment" for China's film industry, HSBC said in a May report. Steve Cohen's Point72 is bullish on Asia — and they like these sectors 2018-05-25T02:26:00.000000000+00:00 Point72's CEO of International Marc Desmidt explains which sectors the hedge fund is bullish on, as it expands its Asian operations. Read the full statement from South Korean President Moon Jae In here 2018-05-25T00:43:00.000000000+00:00 Donald Trump appears to have surprised South Korean when he canceled a summit with North Korean leader Kim Jong Un. Trump cancels Singapore nuclear summit with North Korean leader Kim Jong Un 2018-05-24T13:44:00.000000000+00:00 "I feel it is inappropriate, at this time, to have this long-planned meeting," Trump writes in a letter to Kim. Lenovo will be 'one of the first’ players to launch 5G products, finance chief says 2018-05-24T12:20:00.000000000+00:00 Wong did not offer any further details on those products, and said he could not identify a date for Lenovo introducing 5G. North Korea demolishes what it says is a nuclear test site 2018-05-24T10:45:00.000000000+00:00 North Korea has carried out what it says is the demolition of its nuclear test site in the presence of foreign journalists.