Month: March 2025
Swiss National Bank makes quarter-point interest rate cut, cites ‘low inflationary pressure’
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National bank on Thursday trimmed its key interest rate by a further 25 basis points as the country’s economy grapples with depressed inflation. “With today’s rate adjustment, the SNB is ensuring that monetary […]
Read More
CNBC’s Inside India newsletter: Elon Musk’s Starlink gets access to India, but its success rests on two billionaires
Indian Prime Minister Narendra Modi meets with Elon Musk in New York, U.S., on June 20, 2023. Indian Press Information Bureau | Anadolu Agency | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind […]
Read More
Europe stock markets set for muted open ahead of central bank bonanza
European markets are heading for a cautious open Thursday, with major bourses set to open nearly flat as investors await monetary policy announcements from the Bank of England, Swiss National Bank and Sweden’s Riksbank. The flurry of European activity comes after the U.S. Federal Reserve on Wednesday held its key rates, while indicating two quarter […]
Read More
This island is the happiest place in Asia, according to the 2025 World Happiness Report
Taiwan ranked as the happiest place in Asia, according to the 2025 World Happiness Report. Thant Zaw Wai | Moment | Getty Images Taiwan is the happiest place in Asia, according to the 2025 World Happiness Report, published Thursday. Of the 147 places around the world that were ranked this year, it took the 27th […]
Read More
Greenpeace ordered to pay more than $660 million over Dakota Access Pipeline protests
The Greenpeace logo on the green ecological awareness stand of the association in Lyon, France, on Oct. 23, 2024. Elsa Biyick | Afp | Getty Images A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based oil company Energy Transfer, the developer of the Dakota Access […]
Read More
ThyssenKrupp’s warship division says its market could triple as defense spending surges
Thyssenkrupp marine systems CEO Oliver Burkhard (4h R), German Defence Minister Boris Pistorius (6th R) and Mecklenburg-Western Pomerania’s State Premier Manuela Schwesig (8th R) during their visit of a shipyard of Thyssenkrupp Marine Systems that will build military submarines on Jan. 17, 2025 in Wismar, Germany. Morris Macmatzen | Getty Images News | Getty Images […]
Read More
Foreign visitors have been driving Japan’s economy. A stronger yen could reverse that trend
Tourists take photos of early blooming Sakura trees in front of a convenience store in Tokyo. Early blooming Sakura trees in Tokyo, particularly varieties like Kawazu-zakura, typically start flowering in late February to early March, ahead of the more common Somei Yoshino cherry blossoms that peak in late March to early April. The phenomenon is […]
Read More
Finland is the happiest country in the world for the eighth year in a row
For the eighth year in a row, Finland has taken the No. 1 spot on the World Happiness Report’s list of the happiest countries. Denmark, Iceland, Norway and Sweden also made the top 10. The Nordic countries dominating this list shouldn’t come as a surprise, says Ilana Ron Levey, managing director at Gallup. There is […]
Read More
China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty Images China kept its key lending rates unchanged on Thursday, as Beijing juggles propping up growth and stabilizing its currency amid mounting trade frictions. The People’s Bank of China […]
Read More
Nvidia’s Jensen Huang on why DeepSeek’s new model will need ‘100 times more computing’
CEO Jensen Huang discussed the impact of Chinese startup DeepSeek’s new artificial intelligence model in a Wednesday interview with CNBC’s Jim Cramer at Nvidia‘s annual GTC conference. Huang asserted that the groundbreaking model will actually require more computation than many in the industry thought. According to Huang, DeepSeek’s R1 model is “fantastic” because it is […]
Read More