Economic events
Oil, dollars, and debt: How safe is the Middle East from the global trade war?
The Palm Jumeirah in Dubai, Dubai, United Arab Emirates Nikada | E+ | Getty Images The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects. The economies concerned – North America, the European Union, and China – […]
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UK economy unexpectedly shrank by 0.1% in January
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a […]
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Chinese stocks up 2.4%, leading gains in Asia, despite fall on Wall Street: Live updates
Wangwukong | Stone | Getty Images Asia-Pacific markets mostly rose on Friday despite a plunge in all three benchmarks in the U.S. over the previous session amid concern about President Donald Trump’s tariff plans. Mainland China’s CSI 300 reversed its losses on Thursday to trade 2.4% higher at 11:47 a.m. Singapore time, leading gains in […]
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CNBC’s Inside India newsletter: Apple has big expansion plans in India — but Trump’s tariffs could change that
Customers queue outside an Apple store ahead of its opening hours during the first day of sale of the iPhone 15 smartphone in Mumbai, India, on Friday, Sept. 22, 2023. Dhiraj Singh | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market […]
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U.S. tariffs could thrust Germany into recession, central bank governor says
The German parliament building, the Reichstag, which has been the seat of the Bundestag since 1999. Fhm | Moment | Getty Images U.S. tariffs could push Europe’s largest economy into a recession, German central bank President Joachim Nagel warned Thursday, as Berlin faces a debate over the potential overhaul of its fiscal policies. “Now we […]
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‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs
LONDON — President Donald Trump’s trade tariffs are a major concern among U.S. and international business leaders, with industry titans warning of trouble ahead. Speaking at CNBC’s CONVERGE LIVE in Singapore, Bridgewater founder Ray Dalio warned of “fighting” between countries over the duties. “Tariffs are going to cause fighting between countries … I’m not necessarily […]
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We ‘must act’: Europe retaliates against Trump’s 25% tariffs on steel and aluminum imports
Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter, Germany, March 1, 2018. Fabian Bimmer | Reuters The European Union has reacted swiftly to U.S. President Donald Trump’s 25% tariffs on steel and aluminum imports that came into effect Wednesday, retaliating with their own punitive counter-measures […]
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2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors awaited the latest reading on the consumer price index report. The benchmark 10-year Treasury yield was 5 basis points higher at 4.266%. The 2-year Treasury yield was last 2 basis points higher at 3.92%, after earlier in the day falling to its lowest level since October. One basis point is equal to […]
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CNBC Daily Open: U.S. markets tumble as Trump administration dismisses economic fears and stock slump
U.S. President Donald Trump pumps his fist after deboarding from Air Force One upon arrival in West Palm Beach, Florida, U.S., March 7, 2025. Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will […]
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CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors […]
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