Economic events
Stock market ‘party’ to be ruined by ‘sudden’ economic slowdown, says Stifel
A sudden economic shock can bring the end of the current stock market euphoria, Stifel warned. Stifel’s Thomas Carroll and Barry Bannister wrote in a Monday note that an economic slowdown could be in the cards. That in turn can mean bad news for stocks despite the rally to all-time highs seen this year. “As […]
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From lipsticks and Labubu dolls to concerts, the ‘treatonomics’ trend is booming in uncertain times
Kate Green | Getty Images Entertainment | Getty Images “Treatonomics” — a consumer trend that covers spending on ‘everyday luxuries’ to larger, life-affirming experiences — is booming as people look for a mood boost in ongoing unsettling economic times. Spending on small-item ‘pick-me-ups’ is a well-established recession-resistant trend, with consumers often turning to purchases of […]
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Singapore at 60: The successful city-state has big tests ahead — here’s what’s next
When Singapore gained independence in 1965 after its separation from Malaysia, few expected the small city-state — which turns 60 on Saturday — to survive. But in the decades since, the country of just 735 square kilometers — smaller than New York City — has transformed itself into one that regularly tops rankings for education […]
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The UK government won’t admit it, but tax rises are coming — and there are no good options
People walk near the Elizabeth Tower, commonly referred to as Big Ben, near the Houses of Parliament in Westminster, central London on April 18, 2017. JUSTIN TALLIS | AFP | Getty Images The U.K. government is loathe to admit it, but economists say it’s highly likely that the Treasury will have to hike taxes in […]
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Asia-Pacific markets trade mixed as two key Wall Street benchmarks fall
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Friday. As of 8:12 a.m. Singapore time (8:12 p.m. ET Thursday), Japan’s Nikkei 225 benchmark rose 1.18% while the broader Topix index added 0.87%. In South Korea, the Kospi index fell 0.13% while the small-cap Kosdaq increased by 0.65%. Over in Australia, the S&P/ASX 200 benchmark was down […]
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CNBC’s Inside India newsletter: India’s oil options in a post-Russia world
This report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here. The big story If refineries are the oil industry’s children, India’s got plenty of mouths to feed — and U.S. tariff threats over Russian crude are imperiling a distinctly affordable meal ticket. This week, U.S. President Donald Trump […]
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India isn’t flinching: Why Trump might be misreading India’s tariff playbook
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images India’s stock market showed little sign of panic a day after the U.S. announced a 50% tariff on […]
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Asia markets set to open lower as investors weigh Trump’s vow on fresh chip tariffs
U.S. equity futures ticked up in early Asia hours Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on chip stocks following U.S. President Donald Trump’s vow to impose 100% tariffs on imported semiconductors and chips, unless they are made by companies “building in the […]
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Switzerland is in a uniquely difficult position when it comes to tariffs. Here’s why
Bern Skyline taken from the Rosengarten at sunrise in Switzerland. Church centre: Nydeggkirche Cathedral right: Berner Münster Bridge left: Nydeggbrücke Joe Daniel Price | Moment | Getty Images Switzerland is scrambling to make a trade deal with Washington as it looks to avoid a “triple blow” of economic problems after being hit with 39% tariffs […]
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U.S. trade deficit hits a nearly 2-year low in June; China gap plunges
A ferry passenger looks at a cargo ship full of shipping containers at the port of Oakland, California, U.S., August 4, 2025. Carlos Barria | Cb The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 […]
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