World
IMF says U.S. should keep open trade, work with China to resolve disputes
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva (R), with Director of Strategic Communications Julie Kozack, speaks at a press briefing on the global policy agenda during the International Monetary Fund (IMF) and World Bank Spring Meetings at IMF headquarters in Washington, DC, on April 13, 2023. Mandel Ngan | Afp | Getty Images The […]
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Vietnam reportedly forfeits billions of dollars in foreign aid amid anti-graft freeze
Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank and Western donors told the government in a letter seen by Reuters. Merten Snijders | The Image Bank | Getty Images Vietnam forfeited at least $2.5 […]
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China retail sales, investment data miss expectations in April
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust. Retail sales rose by 2.3% in April from a year ago, the […]
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CNBC Daily Open: Dow briefly tops 40,000 for the first time, meme stocks down but not out
Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Dow breaks through […]
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Asia-Pacific markets are mostly set to open lower as investors await key economic data from China
Drone point view of the Shanghai skyline at sunrise. Aerialperspective Images | Moment | Getty Images Asia-Pacific markets were set to take a breather after rallying in the previous session, as investors await key China data to assess the state of the world’s second largest economy. China data, including new house prices, urban unemployment and […]
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Meme stocks and more: Analyst names ‘danger zone’ companies to avoid
Meme stocks are in the spotlight this week. GameStop, and others like AMC, experienced much volatility this week , rallying then tumbling after just two days. These so-called meme stocks, which gained popularity through social media platforms like Reddit and X (formerly known as Twitter), have attracted retail investors looking to make a quick profit. […]
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BofA names ‘Asia’s most important stocks’ — and analysts give one over 40% upside
BofA Securities has screened for 20 of Asia’s “most important stocks,” selected from the constituents of the MSCI Asia Pacific Index. Each stock’s importance is measured by “multiplying the index weight and the extent to which the stock performs differently from same Index (the volatility of relative return versus the MSCI Asia Pacific Index over […]
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Dow futures are little changed after blue-chip average touches 40,000 for first time: Live updates
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Futures tied to the Dow Jones Industrial Average traded near flat Thursday night, after the preceding session brought much fanfare, with the blue-chip average briefly touching the key 40,000 milestone for the first time. Futures connected to the 30-stock index […]
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Gold eases as dollar gains, Fed rate cut bets lend support
Gold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the U.S. Federal Reserve as early as September. Picture Alliance | Picture Alliance | Getty Images Gold prices edged lower on Thursday as the dollar rebounded, […]
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Morgan Stanley discloses $270 million investment in Grayscale Bitcoin ETF: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s episode, Tiago Sada, […]
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