World
CNBC Daily Open: AI is drawing investors’ attention away from fresh tariffs
Cranes unload the cargo of Panamanian flagged bulk carrier Star Taishan at the Port of Rio Grande, southern Brazil, on May 6, 2025. Silvio Avila | AFP | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin […]
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Activist investor Standard Investments halves stake in Johnson Matthey after major overhaul
Key Points Activist investor Standard Investments has halved its stake in London-listed Johnson Matthey after a six-month campaign to overhaul the company. Based in New York, Standard Investments is the investment arm of Standard Industries, a privately held industrial company that owns the specialty chemicals company W.R. Grace. Standard began agitating late last year by […]
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CNBC Daily Open: More tariff letters are out, but investors have their eyes on AI
Aerial photo taken on April 3, 2025 shows a view of a port in Rio de Janeiro, Brazil. Wang Tiancong | Xinhua News Agency | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. […]
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Bank of Korea expectedly keeps rates steady at an almost three-year low
This photo taken on Nov. 24, 2022 shows the building of Bank of Korea BOK in Seoul, South Korea. South Korea’s central bank on Thursday raised its policy rate to curb inflation, delivering six back-to-back rate hikes for the first time. (Photo by Wang Yiliang/Xinhua via Getty Images) Wang Yiliang | Xinhua News Agency | […]
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Asia-Pacific markets mixed after Trump slaps 50% tariff on Brazilian imports
Opening calls from sunny Singapore Good morning from Singapore! Asia-Pacific markets are set to open mixed. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,925 while its counterpart in Osaka last traded at 39,910 against the index’s Tuesday close of 39,821.28. Futures for Hong Kong’s Hang Seng index stood at 23,863 […]
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‘Hard to ignore’: 3 stocks to play the undervalued UK market, according to an asset manager
The opportunities on offer in the U.K. stock market — long stereotyped as unloved, unexciting and full of “old economy” firms like mining and oil majors — are “becoming hard to ignore,” portfolio managers at Ninety One say. London firms have broadly been undervalued for more than a decade, worsened by the vote to leave […]
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AI rollout rattles Teleperformance, but some say the stock could double
When CEO Daniel Julien took the stage in New York for a pivotal investors’ relations day in June, he knew the stakes were high. Julien’s company, the French outsourcing giant Teleperformance , had lost more than 75% of its value from its 2022 high. He was tasked with convincing his audience — investors and Wall […]
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Stock futures are little changed after S&P 500 posts first winning session in three: Live updates
Traders work on the floor of the New York Stock Exchange on July 08, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week’s tariff-fueled slide. S&P 500 futures traded just above the flatline, […]
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Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit
U.S. President Donald Trump answers questions during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil’s imports, partly in retaliation for the ongoing prosecution […]
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OpenAI to release web browser in challenge to Google Chrome
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people familiar with the matter told Reuters. The browser is slated to launch […]
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