Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City. Michael M. Santiago | 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. … Read more
The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals. Thanks to record stock rallies, Taiwan and India now command more than 19% weightings each in the MSCI EM Index. That compares to China’s 22.8%, whose standing has steadily … Read more
TM Roh, head of Samsung’s mobile business, talks about Galaxy AI at the Galaxy Unpacked event in Paris, France. Arjun Kharpal | CNBC But China, the world’s biggest smartphone market, has been a struggle for Samsung over the last few years. Its market share for smartphones sits under 1%, with local players like Huawei dominating. … Read more
Russia’s President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. (Photo by Gavriil GRIGOROV / Sputnik POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images) Gavriil Grigorov | Afp | Getty Images This report is from … Read more
Ship JS SUZUTSUKI DD-117, an Asagiri-class destroyer in the Japan Maritime Self-Defense Force (MSDF), as it arrives at Tanjung Priok port in Jakarta, Indonesia on Tuesday, September 18, 2018. Nurphoto | Nurphoto | Getty Images A Japanese maritime self-defense force destroyer entered Chinese territorial waters recently in spite of warnings by Chinese vessels, Kyodo News … Read more
China accused NATO on Thursday of seeking security at the expense of others and told the alliance not to bring the same “chaos” to Asia, a reflection of its determination to oppose strengthening ties between NATO members and Asian nations such as Japan, South Korea and the Philippines. The statement by a Foreign Ministry spokesperson … Read more
Image of Chinese customs officers holding bags of snakes seized at the Futian Port shared on July 9, 2024 Source: General Administration of Customs of the People’s Republic of China A man attempting to smuggle 104 live snakes in his pants was caught at a Chinese border this week, according to the country’s customs authority. … Read more
In their most serious rebuke against Beijing, NATO allies on Wednesday called China a “decisive enabler” of Russia’s war against Ukraine and expressed concerns over China’s nuclear arsenal and its capabilities in space. The sternly worded final communiqué, approved by the 32 NATO members at their summit in Washington, makes clear that China is becoming a focus … Read more
US President Donald Trump arrives for the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019. Christian Hartmann | AFP | Getty Images As NATO celebrates its 75th anniversary with a summit in Washington this week, the alliance is facing some familiar foes and challenges: Russia’s war on Ukraine … Read more
An artificial intelligence concept displaying a business man working with a virtual display Busakorn Pongparnit | Moment | Getty Images Chinese companies are leading the way in the experimentation of generative AI, but they’re still behind the U.S. when it comes to full implementation, according to a new survey. The survey — by AI analytics … Read more
