Tech earnings not good enough for Wall Street

A trader works on the floor of the New York Stock Exchange Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You … Read more

Fed rate cut timing in focus

A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Fed rate cut path in sharp focus

Traders react as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

Big Tech earnings on tap

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Big Tech earnings loom large

A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more

Beijing intensifies military pressure on Taiwan as U.S.-China talks resume

Chinese President Xi Jinping meets with U.S. President Joe Biden at Filoli Estate in the U.S. state of California, Nov. 15, 2023. Li Xueren | Xinhua News Agency | Getty Images Beijing sent dozens of military aircraft and naval ships toward Taiwan on Friday, the same day of a low-profile meeting between U.S. national security … Read more

China’s financial institutions urged to support property developers

An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China’s financial institutions should provide strong support to the country’s beleaguered real estate sector and not “blindly withdraw” financing for projects facing difficulties, according to a senior Chinese financial regulatory official. His strongly worded comments follow the … Read more

China youth unemployment will stay elevated in 2024, but EIU warns economic impact will linger

ZHENGZHOU, CHINA – SEPTEMBER 22: Students attend a job fair for graduates at Zhengzhou University on September 22, 2023 in Zhengzhou, Henan Province of China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s youth unemployment will likely stay elevated this year due to a lingering mismatch, according to … Read more

China’s PBOC announces RRR cut as it seeks to boost growth

Pan Gongsheng was named party secretary of the People’s Bank of China on July 1, 2023. Vcg | Visual China Group | Getty Images BEIJING — China pledged to reduce the amount of liquidity that its banks are required to hold as reserves early next month in its bid to boost its struggling economy. Reserve … Read more

China reacts to pivotal Taiwan presidential election

Taiwan and China flags together textile cloth, fabric texture Oleksii Liskonih | Istock | Getty Images TAIPEI — China dismissed the outcome of Taiwan’s Saturday elections, saying its ruling Democratic Progressive Party does not represent mainstream public opinion after it failed to win a majority in the presidential and legislative votes. “Taiwan is China’s Taiwan,” … Read more