Year: 2025
Trump expected to sign more than 50 executive orders Monday
US President-elect Donald Trump reacts during a MAGA victory rally at Capital One Arena in Washington, DC, on January 19, 2025, one day ahead of his inauguration ceremony. Jim Watson | Afp | Getty Images Donald Trump plans to sign more than 50 executive orders Monday — and possibly more than 100 — on the […]
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A weakening yuan is testing Beijing’s resolve as Trump’s return fuels tariff worries
YINAN, CHINA – DECEMBER 26 2024: A worker counts RMB banknotes during a gathering to distribute the yearly dividend to members of an agricultural co-operative in Yinan county in east China’s Shandong province Thursday, Dec. 26, 2024. Wang Yanbing | Future Publishing | Getty Images The Chinese yuan is widely expected to depreciate against an […]
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China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images China left its benchmark lending rates unchanged Monday, as Beijing contends with a weakening yuan while awaiting policy clues from the incoming […]
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72-year-old hotel tycoon cautions against a major character flaw in successful people: ‘Never get caught by hubris’
Ho Kwon Ping, 72, is the executive chairman of Banyan Group. Bloomberg | Bloomberg | Getty Images Building a business is not for the faint of heart, and many of those who dare to take the chance share one trait: self-confidence. That’s according to hotel tycoon Ho Kwon Ping, 72, the founder and executive chairman […]
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CNBC Daily Open: Markets are getting ready for Trump 2.0
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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‘The Sound of Music’ turns 60 this year. Salzburg has plenty in store for fans
In Salzburg, Austria last spring, I skipped around the fountain outside Mirabell Palace. Others did too. Some 60 years earlier, Maria and the von Trapp children danced around the palace’s Pegasus Fountain, singing “Do-Re-Mi,” one of most famous songs from “The Sound of Music.” The movie recounts the story of the von Trapp family, and […]
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Asia-Pacific markets are set to open higher ahead of Donald Trump’s inauguration
Shanghai Pudong district at sunrise Dukai Photographer | Moment | Getty Images Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump’s inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia’s S&P/ASX 200 rose 0.2% at the open. Japan’s Nikkei 225 futures pointed to a higher open […]
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TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC Arizona’s first chip fab on November 7, 2024 Katie Tarasov U.S. President-elect Donald Trump has accused Taiwan of “stealing” his country’s chip industry. But Taiwan’s biggest chip company is confident the Trump administration will continue funding its projects in the U.S. Taiwan Semiconductor Manufacturing Co has been promised $6.6 billion under the Joe Biden […]
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Trump draws thousands to Washington rally for a pre-inauguration victory lap
Supporters of U.S. President-elect Donald Trump gather outside Capital One Arena, for a rally a day before he is scheduled to be inaugurated for a second term, in Washington, D.C., on Jan. 19, 2025. Daniel Cole | Reuters Thousands of Donald Trump’s supporters waited for hours in the cold and rain to attend his victory […]
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TikTok restoring U.S. service after Trump provided ‘assurance’
TikTok was available to some U.S. users on Sunday after President-elect Donald Trump said that he would sign an executive order on Monday to delay a federal ban of the app. In a statement on X, the company wrote that it would bring back access to its American users. “In agreement with our service providers, […]
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