Month: April 2025
U.S. reaffirms commitment to Taiwan as Beijing conducts live fire drills in East China Sea
A Taiwanese military corvette sails as a Navy soldier stands guard on a vessel, during a Navy Drill for Preparedness Enhancement ahead of the Chinese New Year, amid escalating Chinese threats to the island, in Keelung, Taiwan, 7 Jan, 2022. Ceng Shou Yi | Nurphoto | Getty Images The U.S. on Wednesday reaffirmed its commitment […]
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CNBC Daily Open: Trump tariffs will take effect ‘immediately’ but could be milder than thought
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images The dread of something bad happening is usually more severe than the event itself (such as heading back to work after a holiday). This could well be […]
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Asia-Pacific markets subdued as Trump administration prepares to roll out fresh tariffs
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets opened slightly higher Wednesday as investors brace for U.S. President Donald Trump to roll out fresh tariffs this week. Japan’s Nikkei 225 rose 0.06%, while the Topix […]
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Stock futures tick higher ahead of Trump tariffs: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on April 01, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures moved higher on Tuesday evening as Wall Street braces for the expected rollout of President Donald Trump’s tariffs on Wednesday. Futures tied to the S&P […]
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Singapore’s bold AI push: Minister for digital development and information Josephine Teo on innovation and global leadership
As AI transforms the global tech landscape, Singapore is making bold strides to position itself as a leader in AI innovation and regulation. As AI transforms the global tech landscape, Singapore is making bold strides to position itself as a leader in AI innovation and regulation. In this episode of Beyond the Valley, Singapore’s minister […]
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Stablecoin issuer Circle files for IPO as public markets open to crypto
Jeremy Allaire, Co-Founder and CEO, Circle David A. Grogan | CNBC Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange. The prospectus, filed with the SEC on Tuesday, lays the groundwork for Circle’s long-anticipated entry into the public markets. JPMorgan […]
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Here’s why buying Alibaba is a ‘great way to avoid the tariff tantrum,’ says one investor
Investors seeking a portfolio hedge against ongoing tariff volatility should look no further than Alibaba, according to Joule Financial’s Quint Tatro. The firm’s founder and president joined CNBC’s ” Power Lunch ” on Tuesday to share his thoughts on the Chinese e-commerce giant, alongside a pair of other market movers. Here’s what he had to […]
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Tariffs will likely raise much less money than White House projects, economists say
Key Points White House trade adviser Peter Navarro estimated the U.S. would raise about $600 billion to $700 billion a year from tariffs. Economists say the true number will probably be less than half of that sum. Much depends on the actual policies, though. President Donald Trump is preparing to unveil more tariffs against trade […]
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Hims & Hers shares rise as company adds new weight-loss medications to platform
The Hims app arranged on a smartphone in New York on Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health shares rose more than 5% on Tuesday after the company announced patients can access Eli Lilly‘s weight loss medication Zepbound and diabetes drug Mounjaro, as well as the generic injection […]
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Trump’s tariffs are a new challenge for Big Pharma. Here are the best-positioned stocks
Long-standing trade agreements have largely sheltered the pharmaceutical industry from tariffs but President Donald Trump’s goal of bringing manufacturing back to the United States has put the industry in the administration’s crosshairs. Trump first floated the idea of imposing tariffs of as much as 25% on imported pharmaceuticals in mid-February. Since then, he has repeated […]
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