Year: 2025
Foreign investors are fleeing India’s stock market — but analysts see long-term potential
A pedestrian wearing a protective mask walking past the Bombay Stock Exchange (BSE) building in Mumbai, India. The Nifty 50 and Sensex recently slid to their lowest in more than six months Bloomberg | Bloomberg | Getty Images Indian equities have been sliding since September, as foreign investors spooked by a slowdown in the country’s economy […]
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Chinese travelers cancel Lunar New Year trips to Thailand over safety concerns
Chinese travelers are canceling plans to visit Thailand during the Lunar New Year holiday, as concerns over the kidnapping of actor Wang Xing continue to reverberate through the country. Net booking volume for trips to Thailand fell 15.6% from Jan. 13 to Jan. 20 from the previous week, after news of the rescue of Wang […]
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23andMe is exploring strategic alternatives, looking to raise capital
Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Embattled genetic testing company 23andMe said on Tuesday that it’s started exploring strategic alternatives for a second time, which could include a […]
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Australia stocks rise as Wall Street stages a sharp recovery; most Asia markets closed for holiday
Cityscape image of Sydney, Australia with Harbor Bridge and Sydney skyline during sunset. Vacation and travel in Australia. Prasit Photo | Moment | Getty Images Australian stocks rose 0.38% Wednesday as Wall Street rebounded overnight, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Australia is slated to release its inflation data later […]
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Apple supplier Qorvo sees swift reversal in stock price after warning of weakness in smartphone parts
Qorvo logo of a US semiconductor company is seen displayed on a smartphone and pc screen. Sopa Images | Lightrocket | Getty Images Shares of semiconductor supplier Qorvo, which counts on Apple for an outsized amount of revenue, plunged in extended trading after the company warned of potentially flat sales to its “largest customer.” Qorvo’s […]
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Google reclassifies U.S. as ‘sensitive country’ alongside China, Russia after Trump’s ‘Gulf of America’ comments
Jaque Silva | Nurphoto | Getty Images Google‘s maps division on Monday reclassified the U.S. as a “sensitive country,” a designation it reserves for states with strict governments and border disputes, CNBC has learned. The new classification for the U.S. came after President Donald Trump said his administration would make name changes on official maps […]
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Portfolio manager pours cold water on Nvidia’s stock bounce back
Fund manager Dan Niles has thrown cold water over Nvidia‘s tentative recovery from Monday’s share price fall, warning that the chipmaker’s stock might not have hit the bottom. Shares in Nvidia slid 16.9% on Monday after Chinese startup DeepSeek claimed its free, open-source large language model was built in just two months costing $6 million, a fraction […]
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Trump administration offering buyouts to nearly all federal workers
A woman walks down the stairs in front of the U.S. Capitol building, ahead of the presidential inauguration of Donald Trump, in Washington on Jan. 15, 2025. Marko Djurica | Reuters The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide “deferred resignation” program if they resign by […]
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Chef Chad Kubanoff moved to Vietnam a decade ago — here are his favorite places to eat
American chef and content creator Chad Kubanoff moved to Vietnam a decade ago, with the intention of leaving within a year. Instead, he fell in love with the food, culture and people — and has made Ho Chi Minh City’s District 7 his home. Kubanoff revealed some of his favorite places to eat in the […]
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U.S. Navy bans use of DeepSeek due to ‘security and ethical concerns’
Samuel Boivin | Nurphoto | Getty Images The U.S. Navy has instructed its members to avoid using artificial intelligence technology from China’s DeepSeek, CNBC has learned. In a warning issued by email to “shipmates” on Friday, the Navy said DeepSeek’s AI was not to be used “in any capacity” due to “potential security and ethical […]
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