Month: April 2025
Is it safe to travel to Thailand right now? Thai officials say yes
The Tourism Authority of Thailand is expecting that country’s upcoming Songkran festival will generate more tourism revenue than it did last year, despite projections that the March 28 earthquake has dampened tourist arrivals to the kingdom. The 7.7-magnitude earthquake, which epicentered in neighboring Myanmar, caused a building under construction near Bangkok’s famous Chatuchak market to […]
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AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence robot looking at futuristic digital data display. Yuichiro Chino | Moment | Getty Images Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology’s benefits remain highly concentrated, according to the U.N. Trade and Development agency. In a report released on Thursday, UNCTAD said the AI market […]
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CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists on board Air Force One en route to Miami, Florida, on April 3, 2025. Kent Nishimura | Reuters U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy […]
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China’s cities may see ‘flying taxis’ as soon as three years, aviation company Ehang predicts
Key Points Ehang earlier this week said it was the first in the world to obtain a certificate for operating a pilotless aerial vehicle that can carry humans. The certification clears the way for flying taxis to become a viable method of transportation in some Chinese cities over the next three to five years. Analysts […]
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South Korea’s Constitutional Court upholds impeachment of President Yoon, ousting him from office
South Korea’s impeached President Yoon Suk Yeol arrives for his impeachment trial at the Constitutional Court in Seoul, South Korea, on Jan. Kim Hong-ji | Reuters South Korea’s Constitutional Court Friday upheld the impeachment of President Yoon Suk Yeol, ousting him from office. The decision now starts a 60-day countdown where a presidential election must […]
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China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties
Key Points China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, according to analysts based in Greater China. “I think the focus of China’s response in the near term won’t be retaliatory tariffs or such measures,” said Bruce Pang, adjunct associate professor at CUHK Business School. […]
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CNBC Daily Open: Trump tariffs decimate stocks and the red flows liberally
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy from? Leadership of […]
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Asia-Pacific stocks extend declines as Trump tariffs roil global markets
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets extended declines on Friday, tracking steep losses on Wall Street after U.S. President Donald Trump’s tariffs rattled global markets. Australia’s S&P/ASX 200 fell 1.06%. Japan’s Nikkei 225 fell 1.84% while the Topix declined 2.35%. South Korea’s Kospi lost 1.15% and the small-cap Kosdaq traded 0.68% […]
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What Trump says he’s trying to accomplish with tariffs
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025. Saul Loeb | Afp | Getty Images President Donald Trump has cited a host of reasons to impose steep new tariffs on U.S. trading partners. Some of the justifications are […]
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Breaking down the stock market rout: Was there panic selling that typically precedes a bottom?
Mike Santoli and I broke down the stock market internals that occurred during the nearly 5% rout in the S & P 500 Thursday, trying to determine whether we are seeing the kind of panic that typically occurs around market bottoms. CNBC Pro subscribers can watch the PRO videocast above for instant analysis on Thursday’s […]
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