World
Britain’s Labour government to deliver debut Budget this week, settling weeks of uncertainty
UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024. Anadolu | Getty Images LONDON — U.K. Finance Minister Rachel Reeves will deliver the government’s hotly awaited debut budget on Wednesday, putting to bed weeks of […]
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Vietnam waits for major upgrade to its $200 billion stock market
The Vietnamese flag flies atop the Hanoi Stock Exchange (HNX) in Hanoi, Vietnam, on Monday, Sept. 10, 2018. Maika Elan | Bloomberg | Getty Images Vietnam’s long wait for emerging market status could soon be over. The Southeast Asian nation is currently classified as a frontier market and has been on the FTSE emerging market […]
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Japan’s central bank to remain undeterred on rate hikes despite LDP’s electoral shock, analysts say
Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October 23, 2024. Kaylee Greenlee Beal | Reuters Japan’s longtime ruling Liberal Democratic Party may have suffered an election […]
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Trump headlines Madison Square Garden rally after vulgar, racist remarks from allies
Republican presidential nominee and former U.S. President Donald Trump speaks during a rally at Madison Square Garden, in New York, U.S., October 27, 2024. Andrew Kelly | Reuters Republican presidential candidate Donald Trump headlined a rally at New York’s Madison Square Garden on Sunday that began with a series of vulgar and racist remarks by allies of the former president. Trump, a New York celebrity for decades, hoped to use the […]
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Oil prices slide more than 4% after Israel’s ‘limited’ attack on Iran seen as not disrupting supplies
View of Iran’s oil industry installations in Mahshahr, Khuzestan province, southern Iran. Kaveh Kazemi | Getty Images Oil prices will remain under pressure for the rest of this year, it may be difficult to see Brent crude oil prices reaching $80 in the foreseeable future. Andy Lipow president at Lipow Oil Associates “The recent Israel […]
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CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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TSMC suspended shipments to China firm after chip found on Huawei processor, Reuters reports
The Taiwan Semiconductor Manufacturing Co. (TSMC) building at the Central Taiwan Science Park in Taichung, Taiwan, on Friday, April 8, 2022. Bloomberg | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the […]
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Japan’s Nikkei 225 climbs, yen drops as political uncertainty after elections clouds rate-hike path
TOPSHOT – Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst […]
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McDonald’s Quarter Pounder burgers to return to restaurants affected by E. coli outbreak
A double quarter pounder with cheese and fries arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s Quarter Pounder burgers will return to roughly 900 restaurants this week after the fast-food giant pulled the menu item linked to a deadly […]
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Stock futures rise with Nasdaq set to add to records as oil prices decline
Traders work on the New York Stock Exchange floor on Oct. 16, 2024. Spencer Platt | Getty Images U.S. equity futures jumped as investors looked for a batch of megacap technology earnings to keep driving the Nasdaq Composite to new heights this week. A cooling geopolitical situation also aided risk sentiment. Weekend airstrikes by Israel […]
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