Oil prices have spiked in recent weeks following the increased tensions in the Middle East.
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Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis
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CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth
Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed […]
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Bank of Korea holds rate at 2.5% as tighter property rules kick in
Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% Thursday, extending a […]
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Asia-Pacific markets fall, tracking Wall Street declines on concerns over U.S.-China trade relations
Asia-Pacific markets fell Thursday, tracking Wall Street’s declines on concerns about U.S.-China trade relations. Trade fears resurfaced after Reuters reported Wednesday stateside that the Trump administration is considering curbs on exports to China that are made with U.S. software, citing a U.S. official and three people briefed by U.S. authorities. The sources said that the plan, […]
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