World
Asia markets to open mostly lower as traders assess Tokyo inflation, South Korea manufacturing data
People crossing street in Tokyo’s busy Akihabara downtown area Leopatrizi | Istock | Getty Images Asia-Pacific markets were set to start Friday largely lower with investors assessing November inflation numbers from Japan’s capital of Tokyo and industrial production figures from South Korea. The headline inflation rate in Tokyo came in at 2.6%, a rebound from […]
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How to ‘tariff-hedge’ your European portfolio, according to TS Lombard
As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to “tariff-hedge” their portfolios. U.S. President-elect Donald Trump warned ahead of his election win that he would introduce a blanket tariff of up to 20% on all imports . This week […]
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CNBC’s Inside India newsletter: The causes and costs of India’s brain drain
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. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute […]
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These ETFs could be a more cautious way to bet on a stock market rally in 2025
Investors should look beyond the most popular, large cap stock funds next year, but that doesn’t mean they have to get too defensive, according to Astoria Portfolio Advisors. John Davi, Astoria’s CEO and chief investment officer, told CNBC that the huge amount of cash that has flowed into index funds tracking the S & P […]
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Undersea cable cuts in the Baltic Sea are stoking geopolitical tensions — here’s what’s going on
Denmark’s navy said on Nov. 20, 2024 it was shadowing a Chinese cargo vessel in the Baltic Sea, a day after Finland and Sweden opened investigations into suspected sabotage of two severed undersea telecoms cables. Mikkel Berg Pedersen | Ritzau Scanpix | Afp via Getty Images Geopolitical tensions are brewing globally over the cutting of […]
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These economists say artificial intelligence can narrow U.S. deficits by improving health care
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released last month by the Center on […]
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Lebanon says 2 hurt as Israeli troops fire on people returning south after truce with Hezbollah
Vehicles transporting people who had fled southern Lebanon are slowed down by heavy traffic on the outbound road from Beirut, in the area of Khaldeh on November 28, 2024, a day after a cease fire between Israel and Hezbollah took hold. Ibrahim Amro | Afp | Getty Images At least two people were wounded by […]
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A social media ban for under-16s passes the Australian Senate and will soon be a world-first law
A social media ban for children under 16 passed the Australian Senate Thursday and will soon become a world-first law. The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts. […]
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France’s political chaos drives borrowing costs to the same level as Greece’s for the first time
People walk along the Chatelet Les Halles area of Paris during the snowfall of Storm Caetano. Sopa Images | Lightrocket | Getty Images France’s brewing political crisis is spilling into financial markets with the country’s borrowing costs hitting the same level as debt-ridden Greece’s for the first time on record Thursday. The spread — the […]
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Trump’s tariff threats have rattled Europe’s auto giants — but Ferrari appears remarkably unfazed
Workers on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024. Francesca Volpi | Bloomberg | Getty Images Ferrari is thought to be something of a special case among Europe’s automobile sector even as many car giants come under pressure from the threat of U.S. tariffs. […]
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