Breaking News: Asia
Ray Dalio warns a severe U.S. supply-demand debt problem could lead to ‘shocking developments’
Bridgewater founder Ray Dalio on Wednesday warned that a “very severe” supply-demand problem regarding U.S. debt. “The first thing is the debt issue, we have a very severe supply-demand problem,” Dalio told CNBC’s Sara Eisen at CONVERGE LIVE in Singapore. Dalio, who was speaking on the same panel as Salesforce CEO Marc Benioff, said this […]
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CONVERGE LIVE updates: Ray Dalio, Marc Benioff and Alibaba’s Tsai to talk AI, markets and more
Tourists visit the Jewel Changi Airport in Singapore on Sept. 7, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images SINGAPORE — Welcome to CNBC’s live blog on the first day of CONVERGE LIVE in Singapore, where global business leaders, investors and key policymakers will share ideas about what it means to innovate […]
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Nissan CEO Makoto Uchida to step down on April 1, planning officer Espinosa named successor
Nissan Motor CEO Makoto Uchida attends a press conference on February 13, 2025, in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Nissan CEO Makoto Uchida will step down from his position on April 1, the company said in a release Tuesday. He will be replaced by current Chief Planning Officer Ivan Espinosa. […]
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Japan revises fourth-quarter GDP lower, complicating BOJ’s interest rate outlook
TOPSHOT – Customers enter an electronics shop in the Akihabara district of Tokyo on January 12, 2024. Richard A. Brooks | Afp | Getty Images Japan’s economic growth slowed to 2.2% on an annualized basis in the fourth quarter, complicating the central bank’s case for a near-term interest rate as the country grapples with tepid […]
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Asia-Pacific markets slide following selloff in U.S. markets; Nikkei 225 falls 2%
A man looks at an electronic board displaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets slid on Tuesday, tracking losses in the U.S. following anxiety over tariff policy and a potential recession in the world’s […]
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Asia-Pacific markets trade mixed after a volatile trading week
Stanley Chen Xi, Landscape And Architecture Photographer | Moment | Getty Images Asia-Pacific markets were mixed on Monday after a volatile trading week around the world. U.S. stocks — which are expected to open lower on Monday — have been on a roller-coaster ride since the start of the month given uncertainty surrounding U.S. President […]
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Japan’s 30-year bond yield hits highest level since 2008; Nikkei leads Asia losses
A drone view shows containers and cargo ships at a port in Wuhu, Anhui province, China, on Feb. 4, 2025. China Daily | Via Reuters Asia-Pacific markets fell on Friday, with yields on long-term Japanese government bonds hitting levels not seen since the 2008 financial crisis. The moves in Asia markets mirrored losses on Wall […]
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China calls for ‘peaceful coexistence’ with the U.S. despite differences
Chinese Minister of Foreign Affairs Wang Yi speaks during the 2023 Munich Security Conference in Germany on February 18, 2023. Johannes Simon | Getty Images News | Getty Images BEIJING — China’s Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast […]
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China’s exports grew 2.3% on year in Jan-Feb, well short of market estimates
A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023. CFOTO | Future Publishing | Getty Images China’s exports growth slowed more than expected at the start of the year, data from the customs authority showed Friday, as higher U.S. tariffs partly offset momentum […]
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Seven & i to replace CEO in May, list North American subsidiary in second half of 2026
A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024. Richard A. Brooks | Afp | Getty Images Seven & i Holdings, the parent of 7-Eleven, said Thursday it will replace CEO Ryuichi Isaka with lead independent outside director Stephen Dacus, making a foreigner the top […]
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