Indian bonds are to be included in global indexes. Is this a gamechanger?

An undated editorial illustration of the Indian rupee and the Indian flag. Anand Purohit | Moment | Getty Images The decision to include Indian government bonds in two prominent global indexes recently is being viewed as a shot in the arm for the rapidly growing country and is expected to bring in billions of inflows. … Read more

Stubborn inflation complicates rate-cut plan

A man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | 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 … Read more

BYD takes fight to EV laggards with China price cuts

Not content with unseating Tesla as the world’s top-selling electric car maker, BYD has now set its sights on stealing customers from the likes of Toyota Motor and Volkswagen in one of the most aggressive rounds of discounting seen in China’s bruising price war. The automaker is currently discounting almost every electric and hybrid car … Read more

US sanctions Chinese hackers accused of targeting critical infrastructure

The Biden administration sanctioned two Chinese nationals and a Wuhan-based company Monday that allegedly targeted critical infrastructure sectors in the U.S. as part of an expansive hacking effort. The Treasury Department levied sanctions against Zhao Guangzong and Ni Gaobin, as well as the Wuhan Xiaoruizhi Science and Technology Company, which the agency accused of acting … Read more

Britain blames China for hack that accessed data of millions of voters

LONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind “malicious” cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing. The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed. “I can … Read more

Conservatives to try again for Winnipeg lab doc committee probe

Members of a special House of Commons committee on Tuesday will consider whether to study documents detailing allegations against two scientists fired from a high-security lab in Winnipeg. The special committee on the Canada–People’s Republic of China relationship is set to meet at 8:45 a.m. eastern at the request of Conservative foreign affairs critic Michael … Read more

Philippines Summons Chinese Envoy Over “Aggressive Actions” By China Coast Guard In South China Sea

Philippines and China have a long history of maritime territorial disputes in South China Sea (File) Manila: The Philippines said Monday it had summoned a Chinese envoy over “aggressive actions” by the China Coast Guard and other vessels near a reef off the Southeast Asian country’s coast, while Beijing lodged its own complaint. Beijing and … Read more

Apple to launch Vision Pro in China this year, Tim Cook says

Apple’s Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024.  Pedro Pardo | AFP  | Getty Images Apple will launch its Vision Pro headset in China this year, CEO Tim Cook told Chinese state media. In a video posted on one of CCTV’s accounts on Chinese social media … Read more

U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | 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. … Read more

China faces ‘fork in the road,’ IMF chief Georgieva says at CDF forum

Kristalina Georgieva, Director of the International Monetary Fund (IMF), speaks during the China Development Forum 2024 at the Diaoyutai State Guesthouse on March 24, 2024 in Beijing, China.  China News Service | China News Service | Getty Images China has two choices right now: return to its old economic policies, or choose reforms to spur … Read more