World
European real estate investment rises in the first quarter but macro uncertainty clouds outlook
Haussmann architecture buildings are reflected on the facade of Samaritaine department store in central Paris on October 10, 2023. Dimitar Dilkoff | Afp | Getty Images Europe’s real estate sector is recovering at pace following years of subdued activity, with investment volumes rising by a quarter over the past 12 months, according to new research […]
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Philippines says China has not seized disputed South China Sea reef
Philippine coast guard personnel and a Chinese coast guard ship on April 23, 2023. Ted Aljibe | Afp | Getty Images The Philippines said Monday there was no truth to news reports that Beijing has seized control of a disputed reef in the South China Sea, after its personnel landed on the unoccupied sandbars and found no Chinese presence there. Chinese state broadcaster CCTV on Friday […]
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China rolls out employment support and hints at more stimulus as U.S. tensions escalate
A job fair in Beijing in 2022. China’s urban jobless rate among those aged from 16 to 24, excluding students, stood at an elevated level of 16.5% in March 2025, according to data from the National Bureau of Statistics. Jade Gao | Afp | Getty Images BEIJING — Senior Chinese officials on Monday outlined plans […]
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German fiscal boost won’t outweigh tariff drag for euro zone, IMF’s Europe head says
Higher German infrastructure spending will boost Europe’s economic growth in the coming years — but not enough to outweigh the expected drag from U.S. tariffs, according to Alfred Kammer, director of the European department at the International Monetary Fund. The IMF last week cut its growth outlook for the euro area, also making downgrades for […]
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CNBC Daily Open: Countries are pivoting away from the U.S. amid Trump policies
Harvard University on April 17, 2025, in Cambridge, Massachusetts. Sophie Park | Getty Images News | Getty Images U.S. President Donald Trump’s “America First” ideology, which, generally speaking, prioritizes the domestic over the international, rests on the assumption that the world needs America more than it needs the world. This may be true for the […]
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Europe markets set to open higher; Italy’s Mediobanca makes $7.2 billion bid for Banca Generali
Mediobanca puts in $7.2 billion takeover offer for Banca Generali The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025. Bloomberg | Bloomberg | Getty Images Italian lender Mediobanca on Monday made a public 6.3 billion euro ($7.17 billion) offer to buy domestic peer Banca Generali as it seeks […]
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From mining giants to Big Oil, major players are jumping on the ‘white hydrogen’ bandwagon
The construction site of a plant for the production of hydrogen in Germany. Picture Alliance | Picture Alliance | Getty Images A growing number of sizable companies, from mining giants to energy majors, are embracing the hype for natural hydrogen. It comes as buzz continues to build over the potential for a resource that advocates […]
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Singapore negotiating for U.S. concessions on pharmaceuticals, chips
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime […]
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Chinese factories are stopping production and looking for new markets as U.S. tariffs bite
Textile manufacturing workers in Binzhou, Shandong, China, on April 23, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, according to companies and analysts. The lost orders are also hitting jobs. “I know several factories that have […]
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CNBC Daily Open: Trump’s ‘America First’ might leave the U.S. behind
A Southwest Airlines Boeing 737 departs from San Diego International Airport with an American flag in the foreground on April 20, 2025 in San Diego, California, U.S. Kevin Carter | Getty Images News | Getty Images U.S. President Donald Trump’s “America First” ideology, which, generally speaking, prioritizes the domestic over the international, rests on the […]
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