Prices
Asia-Pacific markets rise as investors await further stimulus from China
Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets rose higher Monday as investors await further stimulus measures from China as well as developments in trade negotiations between the U.S. and countries in the region. Over the weekend, China’s finance minister Lan Fo’an said that the Asian powerhouse will […]
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Tariffs give Europe an opportunity to assert itself as a superpower, central bank governor says
The uncertainty around trade tariffs is complex but a period of uncertainty also provides Europe with an opportunity to assert itself as an economic and geopolitical superpower, the governor of the Bank of Latvia told CNBC Thursday. “With all this uncertainty and vulnerability, this is also the time of opportunities for Europe,” said Mārtiņš Kazāks, […]
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Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off
One kilogram gold bars at the ABC Refinery smelter, operated by Pallion, in Sydney, Australia, on Thursday, April 17, 2025. Brendon Thorne | Bloomberg | Getty Images Gold prices have been on a tear with the recent trade turmoil driving investors to the safe haven, while competing assets such as the U.S. Treasurys and the […]
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Tariffs will harm us all, European officials warn — with more work needed to reach a trade deal
U.S. President Donald Trump looks on, on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 23, 2025. Leah Millis | Reuters European officials say they’re optimistic a trade deal can be reached with U.S. President Donald Trump, warning of significant economic harm to both […]
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Hong Kong stocks lead gains in Asia on hopes of de-escalation in U.S.-China tensions
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease. This comes after U.S. President Donald Trump indicated that […]
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10-year Treasury yield slips on a lack of progress on global trade negotiations
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 21, 2025. Brendan McDermid | Reuters The yield on the 10-year U.S. Treasury slipped on Tuesday as investor sentiment remained under pressure from stalled developments in global trade. The benchmark 10-year Treasury yield was 1 basis point […]
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LG, Samsung sue Indian government over electronic-waste pricing policy, Reuters reports
Samsung and LG logos are seen in Poland on Nov. 19, 2024. Nurphoto | Nurphoto | Getty Images South Korea’s LG and Samsung have sued India’s government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country’s environmental rules, citing business impact. The lawsuits, set to be heard on Tuesday with other challenges, mark an […]
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As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not
U.S. one hundred dollar bills. Nurphoto | Nurphoto | Getty Images The dollar has been sliding and the ripple effect on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a flight out of the U.S. dollar and Treasurys in recent […]
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Trump ramps up attacks on Powell, demands ‘loser’ Fed chair lower rates ‘NOW’
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025. Jamie Kelter Davis | Bloomberg | Getty Images President Donald Trump on Monday ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell, calling him a “major loser” and warning […]
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CNBC Daily Open: Trump’s threat to intervene in Fed could cause upheaval
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Feb. 27, 2024. Morah Ratner | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans and […]
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