Year: 2025
China says it hopes to ‘properly manage differences’ with the U.S. on trade
Key Points China is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality. China’s Ministry of Commerce has always maintained communication with “relevant” U.S. authorities on economy and trade, ministry spokesperson He Yadong said in response on Thursday. “The Chinese side hopes that under the […]
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NATO chief ‘very happy’ with Trump’s sanctions threat to Russia
Mark Rutte, incoming secretary general of the North Atlantic Treaty Organization (NATO), during a transition ceremony at the NATO headquarters in Brussels, Belgium, on Tuesday, Oct. 1, 2024. Mark Rutte, the affable and meticulous former Dutch premier, has a daunting task ahead to keep the defense alliance a global force. Bloomberg | Bloomberg | Getty […]
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SAP CEO sounds rallying cry for Europe on AI
SAP CEO Christian Klein, pictured in May 16, 2024, says he would support a $500 billion Stargate Europe. Alex Grimm | Getty Images News | Getty Images U.S. President Donald Trump’s recently announced Stargate Project — a $500 billion investment in American AI infrastructure — should be a “wake-up call” for Europe, according to the […]
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China urges state-backed funds to buy more stocks amid market slump, falling bond yields
China’s financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more shares, as Beijing seeks to bolster the faltering stock market. Big state-owned insurance firms are guided to raise the size and proportion of their investment in shares listed on the mainland, and to allocate […]
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Structural weaknesses in the German economy must ‘absolutely’ be addressed, finance minister says
It is crucial that Germany embarks on a period of economic growth, the country’s finance minister Jörg Kukies told CNBC on Thursday, adding that structural weaknesses must be addressed. “We’ve just gotten revised down growth forecasts for the IMF again,” Kukies told CNBC’s Karen Tso and Steve Sedgwick at the World Economic forum in Davos. “The structural […]
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WEF live blog: President Trump set to address WEF as the world looks for policy clues
Our audience in Europe can watch a live stream of our Davos coverage above. LONDON — Welcome to CNBC’s live blog covering Day 4 of the World Economic Forum in Davos, Switzerland. We’ll bring you all the latest news, views and action from WEF throughout the day. The big event on Thursday will be President […]
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Crypto execs see clear path for U.S. to pass regulation this year as Trump fuels market hype
Davos WEF Crypto execs see clear path for U.S. to pass regulation this year as Trump fuels market hype Published Thu, Jan 23 20251:15 AM EST Ryan Browne@Ryan_Browne_ WATCH LIVE Source
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Share of U.S. companies in China looking to relocate hits a record high, survey finds
Key Points A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China. The increase — to 30% of respondents having considered or started such diversification in 2024 — surpassed the prior high of 24% in 2022, according to annual surveys […]
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Taiwan’s HTC to sell part of XR unit to Google for $250 million
An HTC Corp. smartphone is displayed inside an HTC store in Taipei, Taiwan. Bloomberg | Bloomberg | Getty Images Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company. The transaction is expected to close in the first quarter of […]
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He bought an abandoned tin mine in Phuket in 1984. Now, his hotel chain is worth over $200 million
Ho Kwon Ping is the co-founder and executive chairman of Banyan Group. Bloomberg | Bloomberg | Getty Images Growing up, Ho Kwon Ping didn’t think he’d become a businessman, let alone a hotel tycoon. “I had not always wanted to be an entrepreneur,” he told CNBC Make It. “It’s just that the few times where […]
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