World
Trump says gold will not be tariffed
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images President Donald Trump said Monday that gold will not face tariffs. Gold futures closed at a record high Friday on reports that the precious metal would […]
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Trump-Putin talks are already a ‘triumph’ for Moscow, its economy and markets
FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | Reuters Talks between Russian President Vladimir Putin and U.S. counterpart Donald Trump are still days away, but the two leaders’ upcoming meeting to negotiate an […]
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Orsted plunges 27% as it plans $9.4 billion rights issue after ‘adverse’ turn in U.S. market
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, following a “material […]
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European shares open higher as global trade holds spotlight
Orsted shares plunge The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, […]
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Elon Musk’s Tesla launches bid to supply electricity to British households
A photo shows the logo on US electric carmaker Tesla’s European headquarters in Amsterdam on May 2, 2025. Ramon Van Flymen | Afp | Getty Images Elon Musk’s electric vehicle manufacturer and energy company Tesla is preparing to supply electricity to British households and businesses. The Texas-based company formally submitted its request for an electricity […]
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U.S.-China high-stakes truce extension hangs in the balance as deadline looms
A man walks past China’s and USA’s flags before a meeting between US Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou, on April 5, 2024. Pedro Pardo | Afp | Getty Images The U.S. and China have yet to announce […]
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CNBC Daily Open: Chipping away at semiconductor revenues
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. markets continue to ride the artificial intelligence wave, with the tech-heavy Nasdaq Composite closing at […]
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SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. […]
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Asia markets set for a mixed open as U.S.-China tariff truce deadline looms
Asia-Pacific markets were set to open mixed as traders awaited announcement on whether the Aug. 12 deadline for U.S.–China tariff truce would be extended. Source
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SoftBank selects banks for US IPO of payments app PayPay, Reuters reports
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar […]
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