World
Bank of Japan hikes policy rates by 25 basis points to highest since 2008
Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October 23, 2024. Kaylee Greenlee Beal | Reuters The Bank of Japan hiked rates by 25 basis points Friday […]
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Asia-Pacific markets track Wall Street gains as Trump pushes for rate cuts
Osaka, Japan. Jiale Tan | Moment | Getty Images Asia-Pacific markets climbed Friday, after the S&P 500 hit record highs on Thursday as U.S. President Donald Trump called for lower interest rates and cheaper oil prices. Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case […]
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Singapore eases monetary policy for the first time since 2020, warns of growth slowdown
The Monetary Authority of Singapore building in Singapore. Wei Leng Tay | Bloomberg | Getty Images Singapore on Friday loosened its monetary policy for the first time since 2020, citing a faster than expected decline in inflation and warning about a growth slowdown. The Monetary Authority of Singapore said it would slightly reduce the slope […]
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CNBC Daily Open: Trump’s demands push S&P to new record
U.S. President Donald Trump on screen during his address by video conference at the World Economic Forum annual meeting in Davos on Jan. 23, 2025. Fabrice Coffrini | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they […]
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Stock futures inch lower, but major averages on track for second positive week in a row: Live updates
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures edged lower in overnight trading Thursday after the S&P 500 hit a record closing high following President Donald Trump’s call to lower interest rates and crude prices. Futures on the Dow Jones Industrial Average dipped […]
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BlackRock CEO Fink: I’ve never heard so much pessimism on the future of Europe
There’s severe “pessimism” about the future of Europe at Davos, according to Larry Fink, chief executive of BlackRock . Taking a contrarian approach, however, Fink — who leads the world’s largest investment manager — suggested that the overwhelmingly negative sentiment on Europe’s future, economy and capital markets could mean things are about to turn around. […]
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CNBC’s Inside India newsletter: A slowing economy hasn’t dimmed India’s allure at Davos
The World Economic Forum in Davos on January 20, 2025. Fabrice Coffrini | AFP | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. […]
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A 2,000-year-old martial art is using virtual reality to reinvent itself
When you think of taekwondo, you might picture a certain physique or skill set, but imagine a version of the sport that anyone, regardless of age, size, or background, can compete in virtually. In a collaboration between World Taekwondo and Singaporean tech and gaming company Refract Technologies, virtual taekwondo (VTKD) allows athletes to experience the […]
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Goldman says it’s not too late to move out of cash to nab more yield. Here’s what it likes
It is not too late to start thinking about moving out of short-term cash instruments and into longer-duration bonds, according to Goldman Sachs Asset Management. Investors have been enjoying solid yields on their cash , although those payouts are down from recent highs. The Crane 100 Money Fund Index , which is based on the […]
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This retailer just broke out and is entering a new bullish phase, according to the charts
After gapping higher into a new all-time high in March 2024, Dick’s Sporting Goods Inc. (DKS) settled into a rangebound phase into the end of the year. Numerous attempts to break to new heights were repelled, pushing the price back to previous support levels. This week, DKS finally appears to have completed a bullish rotation […]
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