U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged. Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more
Investors pay attention to the stock market at a securities business hall in Fuyang city, East China’s Anhui province, Dec 29, 2023. CFOTO | Future Publishing | Getty Images Chinese financial authorities have been striving to prop up the country’s stocks through various measures, including steps aimed at increasing the liquidity in the market, warnings … Read more
A momentous shift is under way in global markets as investors pull billions of dollars from China’s sputtering economy, two decades after betting on the country as the world’s biggest growth story. Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more
A “Now Hiring” sign at Jamba Juice 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 … Read more
Shares of Mitsui Fudosan surged to an all-time high on Monday after a report said U.S. activist investment firm Elliott Management had demanded the company launch a massive stock buyback program. Japan’s largest property developer jumped as much as 11.8% in early afternoon trading to hit a record 4,100 yen. The Financial Times reported that Elliott Management had … Read more
Australian writer Yang Hengjun has received a suspended death sentence in China, almost five years after he was initially arrested. The government was appalled at the news, Foreign Affairs Minister Penny Wong said. “This is harrowing news for Dr Yang, his family and all who have supported him,” she said. Watch the latest news and … Read more
A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 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 … Read more
Got stopped by a faithful viewer while making a hard left turn with a full cart at Costco Sunday. Reasonable guy. Asked a double-edged question: “What can you do to make my Apple stock go up.” Double-edged because the stock has done nothing since June 2023, but it’s up 30 points from a year ago. … Read more
US President Donald Trump and China’s President Xi Jinping attend a business leaders event inside the Great Hall of the People in Beijing on November 9, 2017. Nicolas Asfouri | AFP | Getty Images Former President Donald Trump plans to escalate the U.S-China trade war he launched during his first term as president if he … Read more
