Day: October 30, 2025
CNBC Daily Open: All about Trump-Xi, Fed cuts and Big Tech earnings
The Google corporate office at The Hub building in Warsaw, Poland on Sept. 16th, 2025. Beata Zawrze | Nurphoto | Getty Images The news cycle barely stopped to breathe today. First, Trump meets Xi. U.S. President Donald Trump met Chinese leader Xi Jinping in South Korea on Thursday, during which he struck a 1-year rare […]
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Oil giant Shell launches another $3.5 billion share buyback as profit beats expectations
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil major Shell on Thursday reported stronger-than-expected third-quarter profit, citing robust operational performance and higher trading contributions. Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of […]
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Stock futures climb marginally after Trump-Xi meeting in South Korea: Live updates
Stock futures moved higher marginally Thursday as U.S. President Donald Trump and Chinese President Xi Jinping concluded their meeting in Busan, South Korea. This also comes as investors digested a batch of Big Tech earnings and the Federal Reserve’s interest rate decision. Futures tied to the Dow Jones Industrial Average rose 37 points, or 0.07%. […]
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Trump orders Pentagon to resume nuclear weapons testing, citing rival nations’ programs
File photo of a U.S. LGM-30G Minuteman III intercontinental ballistic missile inside a silo about 60 miles from Grand Forks Air Force Base, North Dakota. Universal History Archive | Universal Images Group | Getty Images U.S. President Donald Trump on Thursday directed the Pentagon to restart nuclear weapons testing “on an equal basis,” citing testing […]
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Trump cuts fentanyl tariffs on China to 10%, says U.S. reached rare earths deal with Beijing
BUSAN, SOUTH KOREA – OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images News U.S. President Donald Trump said he has reached a 1-year agreement with China on rare earths […]
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Bank of Japan holds rates in first meeting after Takaichi’s ascent to prime minister
The Japanese national flag is seen at the Bank of Japan (BoJ) headquarters in Tokyo on July 31, 2024. The Bank of Japan lifted its main interest rate on July 31 for just the second time in 17 years in another step away from its massive monetary easing programme. Kazuhiro Nogi | Afp | Getty […]
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‘Partners and friends’: Xi strikes conciliatory tone as he meets Trump in South Korea
BUSAN, SOUTH KOREA – OCTOBER 30: U.S. President Donald Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images News | Getty Images Chinese President Xi Jinping said on Thursday that Beijing and Washington should be “partners […]
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South Korean auto, shipbuilding shares climb after trade deal finalized
South Korean auto and shipbuilding stocks rallied Thursday after Seoul and Washington finalized a trade deal announced back in July. Hanwha Ocean spiked as much as 14.9% while Samsung Heavy Industries climbed 8.33% at its peak. Defense product maker Firstec also rose as much as 9.7%. Automakers Hyundai and Kia saw gains of around 12% […]
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Chinese companies have begun to dominate Southeast Asia’s online shopping market
Key Points In Indonesia, Thailand and the Philippines, Chinese e-commerce players have quickly come to dominate around half of the online shopping market, Bain and Company said in a report Thursday. “Far from being killed by tariffs, the internationalization of Chinese retail is entering a new phase,” the consulting firm said. The findings come as […]
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CNBC Daily Open: Capex is the number to look at amid Big Tech earnings
Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images The news is coming in fast and thick. Strap in. First, interest rates. The U.S. Federal Reserve lowered rates by 25 basis points, as expected by traders. But Chair Jerome Powell cautioned that another […]
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