Economic events
Australia reports fourth-quarter GDP growth of 1.3%, supported by exports
Sydney, Australia Michael Dunning | The Image Bank | Getty Images Australia’s economy expanded 1.3% year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters, and also surpassed the 1.1% climb expected by the Reserve Bank […]
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Stagflation fears bubble up as Trump tariffs take effect and the economy slows
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty Images A growth scare in the economy has accompanied worries over a resurgence in inflation, in turn potentially rekindling an ugly condition that the […]
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Asia-Pacific markets set to track Wall Street declines as Trump tariffs dent sentiment
China World Trade Center. Dukai Photographer | Moment Open | Getty Images Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Japan’s benchmark Nikkei 225 was set to open lower, with the […]
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EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
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Brazil’s bond market could be an ‘oasis’ for some investors as Trump ramps up tariff threats
A Brazilian flag. Anadolu | Anadolu | Getty Images Brazil’s government bonds could become an “oasis” for some investors, analysts told CNBC, particularly as global trade tensions fester. The bond market of Latin America’s largest economy is driven more by idiosyncratic factors such as fiscal policy and inflation outlook rather than by global sentiment, said […]
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CNBC Daily Open: Trump clashes on foreign policy, wields economic threat
U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters To an economist, it might seem questionable for a country to impose tariffs on its biggest trading partners, especially when its economy is showing signs of shrinking, the stock market is sagging, prices remain […]
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China’s February factory activity expands at fastest pace in three months, private survey finds
Workers weld acid batteries at the Leoch International Technology Ltd. factory in Saltillo, Coahuila, Mexico, on Monday, Oct. 7, 2024. Mauricio Palos | Bloomberg | Getty Images China’s factory activity expanded its its fastest pace in three months to 50.8 in February, a private-sector survey showed on Monday, as millions of migrant workers returned to […]
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Asia-Pacific markets rise as investors await clarity on Trump’s tariff plans
Main Bazar, Paharganj known for its concentration of hotels, lodges, restaurants, dhabas and a wide variety of shops catering to both domestic travellers and foreign tourists, especially backpackers and low-budget travellers. Hadynyah | E+ | Getty Images Asia-Pacific markets rose Monday as investors awaited clarity on U.S. President Donald Trump’s plans to impose impose tariffs […]
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CNBC’s Inside India newsletter: How India’s emerging as a formidable player in defense
The U.S.’ F-16 fighter jet performs during Aero India 2025, a military aviation exhibition at the Yelahanka Air Force Station in Bengaluru on Feb. 13, 2025. Idrees Mohammed | Afp | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging […]
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CNBC Daily Open: Nvidia’s earnings are steady — but U.S. consumer confidence is shaky
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) 2025, showcasing the company’s latest innovations in Las Vegas, Nevada, USA, on January 6, 2025. Artur Widak | Anadolu | Getty Images Nvidia’s revenue in 2024 more than doubled compared with a year earlier, beating analysts’ expectations. Moreover, the company expects […]
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