Year: 2025
Jane Street to challenge India ban, says it engaged in basic arbitrage
Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation. Nurphoto | Nurphoto | Getty Images Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation, adding that its practices […]
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Australia unexpectedly holds policy rate as it awaits more inflation data
The Reserve Bank of Australia building in Sydney on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank held its policy rate at 3.85%, saying it needed more time to assess inflation data. Economists polled by Reuters had been expecting a cut of 25 basis points to 3.6%. In its statement […]
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CNBC Daily Open: Tariff letters from Trump, like those of lovers, seem to signify little
U.S. President Donald Trump and First Lady Melania Trump on the South Lawn of the White House on July 4, 2025, in Washington, DC. U.S. Eric Lee | Getty Images News | Getty Images Paramours wanting to court each other have, through the decades, moved on from love letters to Instagram DMs. But some form […]
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Japan calls Trump’s latest tariff salvo ‘regrettable’ as nations scramble to deal with fresh deadline
Shigeru Ishiba, Japan’s prime minister, speaks during a news conference at the prime minister’s official residence in Tokyo, Japan, on Monday, Nov. 11, 2024. Kiyoshi Ota | Via Reuters U.S. President Donald Trump’s tariff letters that threaten steep duties on several countries, including key allies, have led to “shock” and “regret” even as nations expressed […]
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European markets head for a lower open as traders digest Trump’s tariffs announcement
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Tariffs, declining real wages, slowing growth: Japan’s central bank has its work cut out
Latest wage data highlights that inflation could be taking a substantial bite out of incomes in Japan, despite incomes in the country rising. Source
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Trump says U.S. will send more weapons to Ukraine
U.S. President Donald Trump holds a law enforcement event in the Oval Office of the White House in Washington, D.C., May 19, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump said on Monday the United States would be sending more weapons to Ukraine to help the war-torn country defend itself against Russian attacks. Speaking to reporters at the White House, Trump said Ukraine was getting hit […]
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CNBC Daily Open: Trump’s tariff letters set the heart racing, but don’t seem to promise anything new
U.S. President Donald Trump and First Lady Melania Trump share a kiss as they watch fireworks during a Fourth of July celebration at the White House on July 4, 2025 in Washington, DC, U.S. Eric Lee | Getty Images News | Getty Images Paramours wanting to court each other have, through the decades, moved on […]
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Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand
Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second quarter as the company struggles to capture demand from artificial intelligence chip leader […]
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Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a “deliberate, inflammatory attack” against the Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of President Donald Trump, posted on X over the […]
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