Britain’s economy fell into a recession in the second half of 2023, a tough backdrop ahead of this year’s expected election for Prime Minister Rishi Sunak who has promised to boost growth. Gross domestic product (GDP) contracted by 0.3 per cent in the three months to December, having shrunk by 0.1 per cent between July … Read more
A view of grocery store in Washington DC, United States on February 14, 2024. Mostafa Bassim | Anadolu | 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 … Read more
Japan’s economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data showed on Thursday, raising uncertainty about the central bank’s plans to exit its ultra-easy policy sometime this year. The surprisingly weak performance saw Japan lose its title as the world’s third-largest economy, replaced by Germany. Gross domestic … Read more
A Renesas Electronics Corp. central processing unit (CPU) board and microcontrollers. Kiyoshi Ota | Bloomberg | Getty Images Japanese semiconductor firm Renesas Electronics said Thursday that it would acquire Sydney-listed software company Altium for 9.1 billion Australian dollars ($5.89 billion) in cash, as it seeks to streamline its electronics design process. Renesas said it would … Read more
An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Manassanant Pamai | Istock | Getty Images Japan’s economy dipped into a technical recession, after unexpectedly contracting again in the October-December period, provisional government data showed Thursday. High inflation crimped domestic demand … 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
People shop in the produce section of a grocery store on September 12, 2023 in Los Angeles, California. Mario Tama | 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 … Read more
Traders work the floor during morning trading at the New York Stock exchange (NYSE) ahead of the US Federal Reserve’s decision on lending rates, in New York on January 31, 2024. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors … Read more
Queen and Adam Lambert’s latest show took place in Sapporo, Japan where the band performed for 42,000 in a mammoth local venue. Despite playing live for countless thousands for over 50 years, Sir Brian May still gets nerves and shared with fans how he overcomes them. On the journey up to the show, the guitarist … Read more
The Ukrainian-born beauty queen who sparked a debate on cultural identity by being named Miss Japan has relinquished her title just two weeks after being crowned. Karolina Shiino, the first person of predominantly European heritage to win the xedMiss Nippon contest (which takes its title from the country’s Japanese name), announced her decision to step … Read more
