Pet weddings are gaining popularity in China, where policies to encourage human marriages have seen little success. The trend is fueled by increasing pet ownership and the willingness to spend on furry companions. Bree and Bond, two golden retrievers, recently tied the knot in a picturesque outdoor setting, complete with a white lace gown and … Read more
Armoured vehicles of the Indian army at a military camp in Eastern Ladakh on May 19, 2024. Tauseef Mustafa | Afp | Getty Images India and China have agreed to intensify efforts aimed at resolving their longstanding border issues, according to a statement by India’s external affairs ministry. China’s Foreign Minister Wang Yi and his Indian … Read more
The European Union on Thursday confirmed its decision to hike tariffs on electric vehicles imported from China — with one automaker issuing fresh warnings that it may have to raise prices as a result. The European Commission, the executive arm of the European Union, announced plans for such levies in June after concluding in an … Read more
One of the most promising Chinese space startups, Space Pioneer, experienced a serious anomaly last weekend while testing the first stage of its Tianlong-3 rocket near the city of Gongyi. The rocket was undergoing a static fire test of the stage, in which a vehicle is clamped to a test stand while its engines are … Read more
One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that focuses on industrials. “Some will call it deglobalization. We’re in the early innings,” Pot told CNBC’s “ETF Edge” this week. “At the heart of it is job creation, manufacturing … Read more
Coal-fired power plants in Mariveles, Bataan, the Philippines, on June 6, 2023. Bloomberg | Bloomberg | Getty Images The Philippines’ dependency on coal-fired power surged 62% last year, overtaking China, Indonesia and Poland, according to London-based energy think-tank Ember. The Philippines was also the most coal-dependent country in Southeast Asia in 2023, as adoption of … Read more
Geely’s SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Zeekr said Monday it delivered a record number of vehicles in June, making its deliveries for the first half of the year the largest among U.S.-listed Chinese companies … Read more
Woman counting a pile of coins. Baona | E+ | Getty Images Young people probably sense the same thing that everyone else does: the economy just isn’t doing that well. Christopher Beddor Gavekal Dragonomics ‘No choice’ but to spend less? So why are Chinese youngsters getting increasingly circumspect with their spending? “Young people probably sense … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Top heavy : Stocks were on pace for a higher close Monday in what has been a volatile session for both equities and bonds. The 10-year … Read more
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 can subscribe here. Traders work on the floor of the New York Stock Exchange during morning trading on July 06, … Read more
