World Markets
Asia-Pacific markets trade mixed as China keeps benchmark lending rates steady
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets traded mixed Monday as China’s central bank held rates at a time when the yuan has come under pressure due to Beijing-Washington trade tensions. Mainland China’s CSI 300 rose 0.38% after the People’s Bank of China kept its key […]
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CNBC Daily Open: Trump’s desire to intervene in Fed could cause chaos
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Thursday, Sept. 12, 2024. Stefani Reynolds | 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 […]
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CNBC Daily Open: A trade war can be fought without tariffs
A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California on April 10, 2025. Patrick T. Fallon | Afp | Getty Images Trade barriers can come in many forms. Tariffs are just one. Onerous licensing requirements, export restrictions and fines on shipping are other obstacles. Nvidia said Tuesday […]
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Asia markets rise after Wall Street slides overnight
Anek S | 500px Plus | Getty Images Asia-Pacific markets rose Thursday, breaking ranks with Wall Street which declined sharply after U.S. Federal Reserve Chair Jerome Powell cautioned that the ongoing trade tensions could challenge the central bank’s goals of controlling inflation and spurring growth. Japan’s benchmark Nikkei 225 was up 0.48% in early trade, […]
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Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-small | Reuters Technology stocks declined Wednesday, led by a 8% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand […]
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CNBC Daily Open: Consumers are worried over the economy. The White House insists it’ll be fine
People shop at a grocery store in Manhattan on April 01, 2025, in New York City. Spencer Platt | Getty Images A day without major tariff developments from U.S. President Donald Trump’s administration is, for markets, a day of cautious optimism (or at least what passes as “optimism” in such unusual times). There was breathing […]
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Asia-Pacific markets mostly rise after tech rally pushes Wall Street higher
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 mostly rose Tuesday after all three key benchmarks on Wall Street rose on a tech rally. Japan’s benchmark Nikkei 225 started the day 1.12% higher, while the broader Topix […]
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Europe stocks pop 2.2% as Trump tariff exemptions boost sentiment; tech up 3%
European stock markets were broadly higher on Monday morning, as investors parsed news of a U.S. tariff exemption for some tech items while the earnings season kicks into gear. The pan-European Stoxx 600 index was 2.2% higher at 9:30 a.m. London time with all sectors in the green, bolstered by technology gains of 3%. Oil […]
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CNBC Daily Open: Trump exempting tech from tariffs suggests the importance of consumers
The Apple Fifth Avenue store in New York, U.S., on Monday, Feb. 24, 2025. Michael Nagle | Bloomberg | Getty Images On late Friday, the Trump administration welcomed the weekend in the best way: by announcing that electronics — such as smartphones, computers and semiconductors — will be temporarily exempted from his so-called “reciprocal” tariffs, […]
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CNBC Daily Open: Tech tariff exemption suggests the importance of consumers
An Apple store at Manhattan Village, on April 8, 2025 in Manhattan Beach, California, U.S. Jay L Clendenin | Getty Images News | Getty Images On late Friday, the Trump administration welcomed the weekend in the best way: by announcing that electronics — such as smartphones, computers and semiconductors — will be temporarily exempted from […]
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