Month: April 2026
Japan’s Mitsubishi Heavy Industries sees shares jump nearly 4% on first ever warship export deal
Australia’s Deputy Prime Minister and Minister for Defence Richard Marles (L) and Japan’s Minister of Defense Koizumi Shinjiro (R) pose for a photo with Eisaku Ito, Pesident and CEO of Mitsubishi Heavy Industries, before the signing of the contract for Japan to deliver the first three of Mogami-class warships, in Melbourne on April 18, 2026. […]
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How private credit’s cracks are threatening to deepen private equity’s woes
Private credit’s rapid rise has been key to global dealmaking for more than a decade. Now, signs of strain in the $3 trillion market are raising a bigger question: how far the fallout from private credit could spread into private equity. The two pillars of private markets have become deeply intertwined over the past decade, […]
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China keeps benchmark lending rates unchanged as economic growth revs up, Mideast risks loom
BEIJING, CHINA – DECEMBER 22: A woman walks by the headquarters of the People’s Bank of China (PBOC) on December 22, 2025 in Beijing, China. Zhang Xiangyi | China News Service | Getty Images China held its benchmark lending rates unchanged for an 11th straight month, keeping its powder dry as policymakers weigh the economic […]
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CNBC Daily Open: From happy Friday to Monday blues
INRIX ranked the most congested U.S. cities in 2024. Stefanamer | Istock | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Before we left for the weekend last week, peace in the Middle East looked like a real possibility. But now that possibility […]
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Asia markets set to open higher amid renewed Iran-U.S. tensions
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were set to open higher Monday, as investors continue to keep a […]
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Dow futures drop 400 points as Iranian war tensions escalate: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on April 17, 2026 in New York City. Michael M. Santiago | Getty Images Stock futures tumbled Sunday night as tensions between the U.S. and Iran escalated over the weekend with the seizure of an Iranian-flagged cargo ship. Dow Jones […]
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Oil prices jump after Iran and U.S. attack commercial ships as tensions escalate over Strait of Hormuz
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a […]
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AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion
Key Points Artificial intelligence startup Cursor is in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment, a source familiar with the matter told CNBC. Andreessen Horowitz is slated to co-lead the new investment round, in which Nvidia and Thrive Capital are also expected […]
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Trump says U.S. struck and seized Iranian-flagged cargo ship in Gulf of Oman
U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, U.S., April 10, 2026. Evelyn Hockstein | Reuters The U.S. struck and seized an Iranian-flagged cargo ship in the Gulf of Oman, President Donald Trump said Sunday. In a post to […]
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FBI Director Kash Patel vows to sue The Atlantic over article claiming he abuses alcohol
FBI Director Kash Patel arrives at the U.S. Capitol on March 4, 2026 in Washington, DC. Chip Somodevilla | Getty Images Federal Bureau of Investigation Director Kash Patel said Sunday he is suing The Atlantic magazine over a recent article reporting that he frequently drinks alcohol to excess. Patel said on Fox News’ “Sunday Morning […]
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