Year: 2025
CNBC Daily Open: PPI and tariffs cloud markets, but investors choose to see silver lining
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on February 12, 2025. Angela Weiss | Afp | Getty Images Humans are forward-looking creatures. It allows us to plan for the future, increasing our chances of survival and success, but can also bog us […]
Read More
As U.S. officials travel to security summit, Europe must step-up on defense or risk being sidelined
NATO Secretary General Mark Rutte, U.S. Defense Secretary Pete Hegseth, Britain’s Defence Secretary John Healey and Turkey’s ambassador to NATO Zeki Levent Gumrukcu take part in a family photo during a NATO Defence Ministers meeting at the Alliance’s headquarters in Brussels, Belgium February 13, 2025. Yves Herman | Reuters As the world’s defense and security […]
Read More
Shares in Sony surge over 10% after it forecasts stronger revenue and profit for 2024
Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Shares in Sony Group surged as much as 10.7% Friday after the company raised its revenue and profit forecast for its current financial year ending in March. The Japanese technology and […]
Read More
China’s BYD holds mining rights in Brazil’s Lithium Valley, Reuters reports
A logo of the Chinese manufacturing conglomerate BYD. Elke Scholiers | Getty Images News | Getty Images Chinese electric carmaker BYD acquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according to public records reviewed by Reuters. The EV producer’s acquisition of mineral rights in […]
Read More
U.S. embassies told to prepare for staff cuts as Trump overhauls diplomatic corps, sources say
The entrance of the United States Embassy in Bogota, Colombia on Jan. 26, 2025. Pablo Vera | Afp | Getty Images President Donald Trump’s administration has asked U.S. embassies worldwide to prepare for staff cuts, three sources familiar with the matter told Reuters on Thursday, as part of the Republican president’s effort to overhaul the U.S. diplomatic corps. The sources said some embassies had been asked to look into reducing both U.S. staff as […]
Read More
Singapore is set to deliver its first budget under its new prime minister. Here’s what to expect
Lawrence Wong, Singapore’s then deputy prime minister and finance minister, speaking during the Milken Institute Asia Summit in Singapore, on Sept. 13, 2023. Wong, now the country’s prime minister, is due to deliver the budget on Feb. 18. Bloomberg | Bloomberg | Getty Images Singapore is gearing up for its first budget under Prime Minister […]
Read More
Singapore’s annual GDP expands at fastest pace since 2021, lifted by trade, finance and manufacturing sectors
An undated photography of a night view of the Singapore skyline from the Marina Barrage. Calvin Chan Wai Meng | Moment | Getty Images Singapore’s GDP expanded by 4.4% in 2024, marking its fastest growth since 2021, government data showed Friday, getting a boost from wholesale trade, finance and insurance, and manufacturing sectors. The economy […]
Read More
TikTok returns to Apple, Google app stores
Beata Zawrzel | Nurphoto | Getty Images TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan. 18, moments after TikTok’s leadership temporarily halted service in the U.S. in response to a national security law that went into effect […]
Read More
Trump’s reciprocal tariffs would hit these European Union products that Americans buy the hardest
Workers walk past manufacturing equipment at Eli Lilly & Co. manufacturing plant in Kinsale, Ireland, on Sept. 12, 2024. Lilly has been bulking up its production capacity since 2020, investing more than $17 billion into developing new plants and expanding existing facilities for the weight-loss and diabetes drugs that are expected to become some of […]
Read More
U.S. and India aim to more than double bilateral trade to $500 billion in five years, Prime Minister Modi says
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters India and the U.S. will work to more than double bilateral trade to $500 billion by 2030, Indian Prime Minister Narendra Modi said at a joint press conference […]
Read More