Year: 2025
China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say
An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told CNBC. […]
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How China’s exporters are scrambling to mitigate the impact of punishing U.S. tariffs
A large number of machinery and vehicles are ready for shipment at the dock of the Oriental Port Branch of Lianyungang Port in Lianyungang, China, on September 27, 2024. Costfoto | Nurphoto | Getty Images BEIJING — U.S. has raised tariffs on Chinese imports to triple digits. For China’s exporters, it means raising prices for […]
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JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects, according to LSEG: Earnings: […]
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Here are 10 countries with the highest concentration of AI talent globally, according to new LinkedIn data
Singapore tops LinkedIn’s 2025 AI Talent Index, as the country’s supply for AI talent is 2.45 the global average. Drazen_ | E+ | Getty Images With the rise of artificial intelligence, companies around the world are in a race for strong AI talent and working to upskill their workforces on the technology. This has been […]
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CNBC Daily Open: The rally in stocks fizzles out — March’s cool inflation has little impact
Traders work on the floor of the New York Stock Exchange on April 10, 2025 in New York City. Spencer Platt | Getty Images Remember when inflation readings were the headline news of the day, and were as feverishly anticipated by investors as Nvidia earnings reports? CNBC Daily Open remembers. If Thursday’s consumer price index […]
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Asia-Pacific markets set to fall after U.S.-China trade war worries plunge Wall Street
A man carrying a kite in the shape of the Chinese national flag walks along the Bund while buildings of Pudong’s Lujiazui financial district in Shanghai, China Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to fall Friday, after Wall Street resumed sell-off overnight as trade war tensions between the world’s two largest […]
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US targets China oil storage terminal in new Iran-related sanctions
U.S. President Donald Trump and Secretary of State Marco Rubio at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters The Trump administration imposed sanctions on Iranian oil trading networks Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before direct talks between the U.S. and Iran. The sanctions came after Secretary of State Marco […]
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Supreme Court upholds judge’s order that U.S. should facilitate return of man deported to El Salvador
Jennifer, center, whose husband Kilmar Abrego Garcia was deported by ICE, is hugged by a staff member of CASA, at the CASA Multicultural Center during a press conference ahead of Garcia’s hearing. The Washington Post | Getty Images The Supreme Court on Thursday upheld a lower court order that the Trump administration “facilitate” the return […]
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Stock futures rise as traders prepare to end volatile trading week rocked by tariffs: Live updates
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange in New York, US, on Thursday, April 10, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures moved higher on Thursday night as investors look to close out a volatile week, punctuated by sharp swings for the […]
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Sports and esports leaders talk boosting fanbases, growth opportunities and the role of tech
At CNBC’s CONVERGE LIVE event in Singapore, leaders from sports and esports discussed the big opportunities and trends shaping growth in the multi-billion-dollar sector. LIV Golf CEO, Scott O’Neil discussed how the organization is diversifying the sport’s fanbase. “It’s really about the festival around golf that makes us different,” O’Neil said in conversation with CNBC’s […]
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