Month: March 2025
China bond yields jump to three-month highs as investors pare rate cut expectations
The People’s Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Bloomberg | Getty Images China’s sovereign bond prices fell Monday, pushing yields to their highest levels this year, as investors trimmed holdings on bets that additional fiscal spending will boost growth and push back interest rate cuts. Yields on China’s […]
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Romanian far-right candidate barred from May presidential vote
Leader of the far-right AUR party George Simion (L) looks on as far-right presidential candidate Calin Georgescu talks to the media after officially filing his candidacy for the Romanian presidential elections, outside the Central Electoral Bureau (BEC) in Bucharest on March 7, 2025. Daniel Mihailescu | Afp | Getty Images Romania’s central election authority on […]
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Bitcoin falls over 5% as volatility continues after Trump’s bitcoin reserve plan
Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42 […]
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CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., Feb. 12, 2025. Nathan Howard | Reuters What you need to know today Signs of deflation in ChinaChina’s national consumer price index fell by 0.7% […]
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Asia-Pacific markets trade mixed after a volatile trading week
Stanley Chen Xi, Landscape And Architecture Photographer | Moment | Getty Images Asia-Pacific markets were mixed on Monday after a volatile trading week around the world. U.S. stocks — which are expected to open lower on Monday — have been on a roller-coaster ride since the start of the month given uncertainty surrounding U.S. President […]
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Singapore looks to AI to help manage the health of its fast-aging population
A mural depicting Samsui women in Chinatown in Singapore. Edwin Koo | Getty Images From listening devices that detect falls to “patient sitter” systems in hospitals and robots helping with exercise in care homes, Singapore is looking to artificial intelligence to help manage the health of its elderly population. By 2030, a quarter of Singaporeans […]
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Mark Carney wins race to replace Canada’s Trudeau
Former Bank of Canada and Bank of England governor Mark Carney speaks as members of Canada’s Liberal Party gather to choose a successor to Prime Minister Justin Trudeau, in Ottawa, Ontario, Canada, on March 9, 2025. Blair Gable | Reuters Former central banker Mark Carney won the race to become leader of Canada’s ruling Liberal […]
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Stock futures fall on Sunday evening after S&P 500’s worst week since September: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on March 07, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock futures moved lower on Sunday evening ahead of a packed week of economic data, with investors smarting from losses in early March. Futures for the […]
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Trump downplays business concerns about uncertainty from his tariffs and the prospect of higher prices
U.S. President Donald Trump attends the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t […]
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Memo says mass layoffs at Veterans’ Affairs will begin early as June
A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images The Department of Veterans Affairs will begin mass layoffs at the politically sensitive agency as early as June, according to a memo reviewed […]
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