South Korea
First France, now South Korea — Telegram’s legal troubles are only growing. Here’s why
Telegram logo displayed on a broken phone screen. Illustration photo taken in Krakow, Poland on August 27, 2024. Nurphoto | Nurphoto | Getty Images Following the recent arrest of its founder in France, Telegram is now facing potential legal troubles in South Korea. The country’s chief police investigator has announced a preliminary investigation into the […]
Read More
Has Boeing shaken your confidence to fly? A new MIT study could restore it
Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft itself. One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly […]
Read More
Uber CEO says growth in South Korea promising despite underdog status
The Uber company logo is seen in the Falchi Building on June 26, 2024 in New York City. Michael M. Santiago | Getty Images Uber Technologies’ CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi drivers for growth. “The fact is that a […]
Read More
New, deadlier mpox found in Thailand: These Asian nations have ramped up precautions
3D generated image of DNA spiral being attacked by monkeypox Virus. Uma Shankar Sharma | Moment | Getty Images Countries in Asia have ramped up precautions after cases of the new and deadlier strain of mpox, known as Clade 1b, was recently found outside the African continent. At least four countries have recently reported mpox […]
Read More
Mpox outbreak: Here’s how Asian nations have reacted to WHO emergency declaration
The World Health Organization declared the spread of mpox a global health emergency last week. Tumeggy/science Photo Library | Science Photo Library | Getty Images Countries in Asia are closely monitoring for mpox cases after the World Health Organization recently declared an escalating outbreak in Africa as a global public health emergency. Mpox, formerly known […]
Read More
Macquarie names 10 ‘highest conviction’ Asia stocks that have ‘borne the brunt’ of recent sell-off
Macquarie named its 10 “highest conviction” stocks that it believes present buying opportunities for investors amid the current market volatility and sharp sell-off across global markets. The Australian investment bank’s analysis comes as markets grapple with concerns over a potential U.S. recession and the unwinding of the Japanese yen carry trade. In response, Japan’s stock […]
Read More
A global stock rout is deepening with investors fleeing to safe havens
A man looks at an electronic boarddisplaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024. Kazuhiro Nogi | Afp | Getty Images Investors on Monday turned to safe-haven assets as a global stock sell-off deepened, following weaker-than-expected U.S. jobs data at the end of last […]
Read More
CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange on July 25, 2023. Angela Weiss […]
Read More
AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector
Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the morning’s big winners with shares up more than 9% in U.S. premarket trading after the company reported a top and […]
Read More
ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions
Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded export restrictions on chipmaking gear to China. Reuters reported on Wednesday that the U.S. is considering expanding the so-called foreign direct product rule, but that allies that export key chipmaking equipment — […]
Read More