World
Iran war drags India’s goods exports 7% lower in March — more pain ahead
The Indian-flagged tanker Jag Vasant, carrying liquefied petroleum gas (LPG) after transiting through the Strait of Hormuz amid the ongoing conflict in the Middle East, is seen docked at an offloading terminal along the coast in Mumbai, India, on April 1, 2026. Nurphoto | Nurphoto | Getty Images The Iran war has taken a toll […]
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TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results […]
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UK finance minister Rachel Reeves blasts Trump administration over economic impact of Iran war
U.K. Finance Minister Rachel Reeves on Wednesday called for an immediate de-escalation of the war in the Middle East, and sharply criticized the U.S. administration’s handling of it. Speaking to CNBC’s Sara Eisen at the Invest In America Forum in Washington, D.C., Reeves warned of mounting risks to global economic stability caused by the closure of […]
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China economic growth accelerates to 5% in first quarter, beating expectations, on robust exports
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic […]
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Daikin shares jump 14% after activist investor Elliott pushes for reforms
Shares of Daikin Industries surged as much as 13.9% on Thursday after activist investor Elliott Investment Management said it would work with the company to improve performance and narrow its valuation gap with peers. The stock later pared gains and was up about 11% as of 10:40 a.m. local time. “Elliott’s significant investment in Daikin reflects […]
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CNBC Daily Open: Wall Street buys Trump’s assurances on Iran war ending soon
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via […]
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Inside India newsletter: Small towns are powering e-commerce’s fastest-growing market, dominated by Amazon, Walmart unit
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the […]
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Asia markets open higher after hopes of U.S.-Iran deal lift Wall Street benchmarks to new records
Asia markets opened higher after Wall Street hit record levels on growing expectations of a U.S.-Iran deal to end the war. Source
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Stock futures are little changed following a record-setting day for S&P 500 and Nasdaq: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session. S&P 500 futures and Nasdaq 100 futures both traded around the flatline. Futures tied to the Dow Jones […]
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Why India’s wealth is shifting from gold and property into startups
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email A wave of newly institutionalized family wealth and a $1.5 trillion inter‑generational transfer are steering more capital into private markets—especially startups. With foreign venture capital becoming more selective, India’s heirs, first‑generation founders and ESOP winners are filling early‑stage funding gaps through family […]
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