Month: February 2025
Stock futures are little changed after S&P 500 clinches record high: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Stock futures were little changed early Wednesday after a winning session for stocks. Futures tied to the Dow Jones Industrial Average added 38 points, hovering just above the flatline. S&P futures and Nasdaq 100 futures gained […]
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India’s aviation market could see 15% growth in next decade: Air India Express
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Aloke Singh, managing director of Air India Express, says India’s aviation industry is heavily leveraged to the country’s expansion and expects 14% to 15% growth in the sector if GDP grows as projected. Source
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HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ estimates, as the bank’s net interest income declined by $3.1 billion from a year […]
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China deal-making ramps up after years of decline as domestic companies prepare for Trump tariffs
A man carrying a kite in the shape of the Chinese national flag walks along the Bund while buildings of Pudong’s Lujiazui financial district in Shanghai, China Bloomberg | Bloomberg | Getty Images China is starting to see a rebound in its mergers and acquisition scene after years of decline as the government’s stimulus measures […]
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New Zealand slashes rates for a fourth straight time in bid to boost a slowing economy
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. Mark Coote | Bloomberg | Getty Images New Zealand’s central bank on Wednesday slashed benchmark rates by 50 basis points to 3.75%, marking its fourth straight cut, as easing inflation offers the central bank room to boost a […]
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China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation
DeepSeek offices in Beijing on Jan. 28, 2025. Peter Catterall | Afp | Getty Images Artificial intelligence startup DeepSeek has rocketed into global prominence, shaking up the AI world, but the team behind it is relatively unknown outside China. DeepSeek’s founder, Liang Wenfeng, has been dubbed by some in Western media as China’s Sam Altman. […]
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CNBC Daily Open: The S&P 500 closed at a new high — investors remain unfazed amid Trump’s blitz
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC U.S. President Donald Trump’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t ending. As top U.S. officials meet their Russian counterparts for high-level talks, Trump suggested to reporters that Ukraine was somehow responsible […]
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Senate confirms Howard Lutnick as commerce secretary, a key role for Trump’s trade agenda
U.S. President Donald Trump speaks from the Oval Office of the White House, flanked by U.S. Commerce secretary Howard Lutnick, on the day he signs executive orders for reciprocal tariffs, in Washington, U.S., February 13, 2025. Kevin Lamarque | Reuters The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a […]
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Japan stocks set to rise after Wall Street gains as investors look beyond tariffs
Japan’s Osaka is the 43rd most expensive city to live in, according to the Economist Intelligence Unit. Mlenny | E+ | Getty Images Japan stocks were set to rise Wednesday, after Wall Street gained overnight with the S&P 500 closing at a record high as investors looked past tariffs and inflation headwinds. Futures for Japan’s […]
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European stocks are outperforming their U.S. counterparts — but for how long?
European stock markets have been on a tear this year, brushing off tariff threats , political volatility and economic stagnation — and strategists see significant upside ahead, even if a long-awaited annual outperformance over their U.S. peers remains elusive. In January, the pan-European Stoxx 600 index notched its best outperformance against the S & P […]
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