Day: October 16, 2025
World
CNBC Daily Open: Strong bank earnings seem to overshadow escalating trade war
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors […]
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World
Asia-Pacific markets rise, tracking Wall Street gains on strong bank earnings
Australia, Victoria, Melbourne, buildings on bank of Yarra river Peter Adams | Stone | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains on strong bank earnings in a volatile trading session. Investors have been on edge in recent days as global trade tensions have escalated. The Cboe Volatility Index (VIX), known to many as […]
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