Five Things You Need to Know to Start Your Day: Asia

Good morning. Nvidia’s revenue beats estimates but falls short of the highest forecasts, China’s growth outlook gets cut and emerging-market bonds stage a rebound. — Kristine Aquino

Nvidia shares fell in after-hours trading as the chipmaker’s revenue forecast fell short of the highest analyst estimates. Third-quarter revenue will be about $32.5 billion — that beat the average analyst estimate of $31.9 billion, but some ranged as high as $37.9 billion. That overshadowed the company’s announcement for an additional $50 billion share buyback, as well as data-center revenue that exceeded estimates.