Month: April 2025
Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk
A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk says China’s new trade restrictions on […]
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Singapore inflation stays at 4-year lows as city-state prepares for election
Singapore’s Raffles Place at lunchtime. Roslan Rahman | Afp | Getty Images Singapore’s inflation in March stayed at over four-year lows, with the city-state’s consumer price index climbing 0.9%, year on year. This was lower than Reuters poll expectations of 1.1%, and the same as the 0.9% seen in February.Core inflation — which strips out […]
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CNBC’s The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears
The floor of the New York Stock Exchange on Jan. 30, 2019. Bloomberg | Bloomberg | Getty Images This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give […]
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More travelers are using ‘buy now, pay later’ plans to pay for trips. Here’s when it may make sense
Kristin Herman said using a “buy now, pay later” service to pay for a last-minute trip to Miami felt like a lifesaver. She said the approval was quick, and there were no upfront costs — but she accidentally skipped a scheduled payment. “One missed reminder turned into fees,” she told CNBC Travel. Rane Teo, however, […]
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Hong Kong stocks lead gains in Asia on hopes of de-escalation in U.S.-China tensions
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease. This comes after U.S. President Donald Trump indicated that […]
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IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries
A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025. Jim Watson | AFP | Getty Images The International Monetary Fund on Tuesday downgraded its growth forecasts for major Asian economies in 2025, citing trade tensions and “high policy uncertainty.” The […]
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Tesla is ‘carefully’ working on its India entry amid tariff concerns, says CFO
Elon Musk meets with Indian Prime Minister Narendra Modi at Blair House in Washington DC, USA on February 13, 2025. Anadolu | Anadolu | Getty Images Tesla is cautiously navigating an entry into India, CFO Vaibhav Taneja said on Tuesday in the U.S., as the electric vehicle maker faces falling sales and tariff threats. Speaking […]
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Here’s what Elon Musk said about tariffs and their potential effect on Tesla
U.S. President Donald Trump talks to the media, next to Tesla CEO Elon Musk with his son X Æ A-12, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters Elon Musk said on Tuesday that he doesn’t like high or unpredictable tariffs, but any decision on what happens with […]
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Tesla CEO Musk says time he spends on DOGE will drop ‘significantly’ next month
Elon Musk, CEO of Tesla Inc., in the Oval Office of the White House in Washington, D.C., on Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla CEO Elon Musk began his company’s earnings call on Tuesday by saying that his time spent running President Donald Trump’s Department of Government Efficiency will drop […]
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Dow futures jump 600 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Stock futures climbed on Tuesday evening after President Donald Trump said he doesn’t plan to remove Federal Reserve Chairman Jerome Powell from […]
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