Month: April 2026
Macquarie: India could emerge as an ‘AI powerhouse’ and names top stocks to watch
Despite being a global software powerhouse, India has been perceived as a laggard in the artificial intelligence space, with no current domestic chip industry or full-scale foundational AI model . But that narrative is set to change, according to Macquarie. The narrative of India as an AI bystander could shift to it being an “AI […]
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Why Deutsche Bank sees a ‘sharp reversal’ for luxury stocks if the Middle East conflict subsides
A recovery in European luxury stocks has been upended by the Iran war, but they could see a “sharp reversal” if the geopolitical situation improves, Deutsche Bank said on Wednesday. Shares of major players like LVMH , Kering , Richemont and Hermes are down between 10% and 20% since the first attacks on Iran on […]
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European stocks plunge after Trump vows to hit Iran ‘extremely hard’
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares opened sharply lower on Thursday, as concerns about the trajectory of the U.S.-Iran war gripped global markets once again. Shortly after the opening bell, the pan-European Stoxx 600 was 1.2% […]
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Singapore charges one more individual with AI chip fraud
Singapore prosecutors charged one more person with fraud on Thursday for making false representations to U.S. server supplier Dell Technologies, linking her to two other individuals charged with similar offences in February last year. Jenny Lim was charged with conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie in 2024 to commit fraud by misleading Dell that Aperia International would be the end-user of the […]
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CNBC Daily Open: Trump threatens to put Iran in ‘stone ages,’ dampening ceasefire hopes
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump gave his highly […]
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Trump’s threat to hit Iran ‘extremely hard’ jolts Asian stocks, U.S. futures and oil
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images U.S. President Donald Trump said the U.S. will hit Iran “extremely hard” over the next two or three weeks in a national address on Wednesday. “We’re going […]
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EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will […]
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Indonesia earthquake damages buildings, triggers tsunami waves
TOPSHOT – Police officers look at a building of the North Sumatra’s National Sports Committee of Indonesia (KONI) damaged following a severe 7.4-magnitude offshore quake in Manado, North Sulawesi on April 2, 2026. (Photo by Tonny Rarung / AFP via Getty Images) Tonny Rarung | Afp | Getty Images An earthquake of magnitude 7.6 struck in Indonesia’s Northern […]
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Iran sets up ‘toll booth’ in Strait of Hormuz, as oil tankers detour via Larak Island for safe passage
While choking off most traffic through the Strait of Hormuz, Iran has quietly established a de facto safe-shipping corridor north of Larak Island, as Tehran seeks to monetize its grip on the world’s most important oil shipping artery. Traffic through the strait has fallen by 90% since the war began on Feb 28, with Iran […]
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CNBC Daily Open: All eyes on Trump address as markets rise on ceasefire hopes
U.S. President Donald Trump attends to sign an executive order in the Oval Office of the White House in Washington, D.C., March 31, 2026. Evan Vucci | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. markets opened the second quarter in the green […]
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