Month: January 2025
India and China agree to resume air travel after nearly five years
India and China have agreed to resume direct air services after nearly five years, India’s foreign ministry said Monday. Anadolu | Anadolu | Getty Images India and China have agreed to resume direct air services after nearly five years, India’s foreign ministry said on Monday, signaling a thaw in relations between the neighbors after a deadly 2020 military clash on their disputed Himalayan border. […]
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Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout
A sales clerk shows off Elpida Memory Inc. memory chips at an electronics shop in Tokyo, Japan, on Thursday, March 5, 2009. Tomohiro Ohsumi | Bloomberg | Getty Images Shares in Japan’s chip-related companies extended declines for a second day as Chinese startup DeepSeek’s AI competitiveness calls into question the United States’ leadership in the […]
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Trump says China’s DeepSeek AI ‘should be a wake-up call’ for American tech companies
President Donald Trump said Monday that the sudden rise of Chinese AI app DeepSeek “should be a wake-up call” for America’s tech companies, as the runaway popularity of yet another Chinese app presented new questions for the administration and congressional leaders. Trump said that he still expected U.S. tech companies to dominate artificial intelligence, but he acknowledged […]
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Hong Kong stocks rise after AI sell-off fueled by China’s DeepSeek drags Wall Street lower
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Hong Kong stocks rose Tuesday after Wall Street saw a massive drop in shares of tech companies, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Hong Kong’s Hang Seng Index traded […]
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CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
Justin Sullivan | 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 see? You can subscribe here. What you need to know today $600 billion plunge in Nvidia Nvidia […]
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Scott Bessent wins Senate confirmation as Treasury secretary
Scott Bessent, founder and chief executive officer of Key Square Group LP and US treasury secretary nominee for US President-elect Donald Trump, during a Senate Finance Committee confirmation hearing in Washington, DC, US, on Thursday, Jan. 16, 2025. Al Drago | Bloomberg | Getty Images The U.S. Senate voted on Monday to confirm Scott Bessent […]
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S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on Jan. 27, 2025 in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures were little changed on Monday night. The action followed a sell-off fueled by worries over the emergence of Chinese startup DeepSeek and […]
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Google says it will change Gulf of Mexico to ‘Gulf of America’ in Maps after government updates
The Gulf of Mexico as seen on Google Maps. Source: Google Maps Google said Monday it will change the name of Gulf of Mexico to “Gulf of America” after the government updates its “official government sources.” The company also said it will start using Mount McKinley, which is currently called Denali. Last week, President Donald […]
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Watch live: Trump addresses House Republican conference in Florida
[The stream is slated to start at 5 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is set to address House Republicans at the kickoff of their annual agenda-planning conference on Monday afternoon. The three-day event is being held at Trump National Doral, […]
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CDC ordered to stop working with WHO immediately, upending expectations of an extended withdrawal
A logo is pictured outside a building of the World Health Organization (WHO) during an executive board meeting on update on the coronavirus disease (COVID-19) outbreak, in Geneva, Switzerland, April 6, 2021. Denis Balibouse | Reuters U.S. public health officials have been told to stop working with the World Health Organization, effective immediately. A U.S. […]
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