CNBC’s Ted Kemp clarifies how The Team of 7 wealthy nations’ selling price cap on Russian oil will lower the value Moscow can get from any purchaser, no matter if they’re component of the rate cap settlement or not.
The G-7’s ‘price cap’ will hurt Russian oil — and it almost certainly will not matter if China and India indication on
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Sumitomo Pharma shares plunge 12% despite greenlight for Parkinson’s treatment
Kelvn | Istock | Getty Images Shares of Japanese drugmaker Sumitomo Pharma fell over 12% Friday on what appeared to be profit-taking, a day after the government endorsed the company’s iPS cell-based therapy for Parkinson’s and heart disease. The decision is a milestone in Japan’s years-long effort to cultivate a homegrown sector focused on cutting-edge […]
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Japan inflation falls below BOJ’s 2% target for first time since March 2022
Shop owners of a 70-year-old “takoyaki”, or octopus balls, restaurant chat while cooking along a street in the Taito Ward area of Tokyo on February 21, 2025. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate fell to 1.5% in January, its lowest level since March 2022. The reading ended a run […]
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CNBC Daily Open: Private credit fears and U.S.-Iran tensions pressure Wall Street
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 19, 2026. Brendan McDermid | Reuters U.S. markets had a shaky Thursday, pressured by Washington’s escalating tensions with Iran and renewed worries over private credit. White House press secretary Karoline Leavitt said Wednesday that there were “many […]
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