World
China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce said Tuesday it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions around its Xinjiang supply chain. […]
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Raspberry Pi’s strong first half sends share price up 7%
A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images Raspberry Pi, the British computer company that floated in June, reported on Tuesday stronger-than-expected adjusted earnings of $20.9 million for the first half, sending its shares up 7% in early trade. The group, which produces low-cost single-board […]
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European markets open higher despite regional growth concerns
Tourists take pictures under the rain in front of the Eiffel Tower in Paris. Lionel Bonaventure | AFP | Getty Images LONDON — European stocks are expected to open in mixed territory Tuesday as economic uncertainty and concerns over Europe’s growth outlook return to the fore. The U.K.’s FTSE index is expected to open 4 […]
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China’s auto stocks rise unfazed by U.S. proposal to ban Chinese car parts
Rows of new energy vehicles are parked at Changan Automobile’s vehicle distribution center in Chongqing, China, on January 14, 2024. Costfoto | Nurphoto | Getty Images Shares of Chinese automakers climbed Tuesday, shrugging off a U.S. government proposal to ban certain types of vehicles equipped with car parts from China and Russia, amid a broad […]
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This 29-year-old millionaire says work-life balance is ‘just a myth’ if you want to achieve extraordinary things
Timothy Armoo sold his influencer marketing firm Fanbytes in 2022. Tim Armoo. Timothy Armoo became a multi-millionaire after selling his influencer marketing firm for an eight-figure sum when he was 27 years old, but he says that being extraordinary is no easy feat. Armoo, the co-founder and former CEO of Fanbytes, grew up in a […]
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Property stocks in Hong Kong rally on homes mortgage stimulus
A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Chinese property stocks rallied on Tuesday after top financial regulators vowed a range of monetary easing measures to provide some relief for millions of families and boost a recovery in the real estate […]
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China bond yields hit record low after PBOC signals more easing
A man walks past the People’s Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service | China News Service | Getty Images China bond yields fell to a record low after the People’s Bank of China on Tuesday announced that […]
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Chinese stocks lead Asia gains as PBOC announces slew of policy easing measures in rare briefing
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets climbed on Tuesday, led by Chinese stocks as Beijing announced a slew of policy easing measures in a rare briefing from central bank governor Pan Gongsheng. The PBOC will cut the reserve requirement […]
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China’s central bank chief set to hold press conference days after Fed rate cut
Pan Gongsheng, governor of the People’s Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images BEIJING — People’s Bank of China Gov. Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads. The […]
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CNBC Pro Talks: After the Fed cuts rates, one fund manager will reveal where to invest right now
After the U.S. Federal Reserve cut interest rates by a bumper 50 basis points , investors have been left wondering whether growth or value stocks are the best bet. On CNBC’s upcoming Pro Talks , Silvia Amaro will ask value investor Sean Peche where he sees opportunities in the current market. Submit your questions here. […]
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