The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images CBDCs are the digital form of a country’s fiat currency, which are regulated by the country’s central bank. They are powered by blockchain technology, allowing … Read more
An Hour Ago CNBC Pro: There’s a ‘game of thrones’ in AI — but these Chinese tech giants offer ‘a lot of value,’ says tech veteran China’s tech giants may be reeling from the regulatory clampdowns, but they still have “a lot of value,” according to veteran analyst Dan Ives. The managing director and senior … Read more
Trouble is brewing for the U.S. economy and its pivotal consumer component, one strategist says. “I think the U.S. consumer is walking towards a cliff, basically,” Chris Watling, chief executive of financial advisory firm Longview Economics, told CNBC’s “Squawk Box Europe.” Data suggests the U.S. economy may have turned in another stellar performance, heading into … Read more
Fri, Oct 20 2023 1:34 AM EDT Malaysia inflation rate slides to lowest since March 2021 Malaysia’s consumer price index recorded a 1.9% increase year on year for September, lower than the 2% in August and also lower than the 2.2% expected by a Reuters poll. This is lowest rate of inflation the country has … Read more
Sydney Harbour in Australia, featuring the Sydney Opera House and Harbour Bridge. Raisbeckfoto | E+ | Getty Images Asia-Pacific markets fell across the board taking cues from U.S. markets overnight, while the Bank of Korea kept its interest rates steady for the sixth time in a row. This also mirrors moves on Wall Street as … Read more
Signage for Nvidia Corp. during the Taipei Computex expo in Taipei, Taiwan, on Tuesday, May 30, 2023. Hwa Cheng | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
Fri, Sep 15 2023 1:51 AM EDT India has ‘always been at the forefront’ for Bell Flight, managing director says “India has always been at the forefront for us,” Sameer Rehman, managing director of U.S. aerospace manufacturer Bell Flight told CNBC’s “Squawk Box Asia.” “As the fastest growing economy, as the largest population now on … Read more
5 Hours Ago Japan is not likely to unwind from its ultra-easy monetary policy anytime soon: Daiwa Securities While the markets are expecting the Bank of Japan to exit its ultra-easy monetary policy, Daiwa Securities’ deputy president Keiko Tashiro thinks these moves may not come as soon as some think. BOJ Governor Kazuo Ueda reportedly … Read more
Japan ,Tokyo City skyline, Tokyo Tower. (Photo by: Dukas/Universal Images Group via Getty Images) Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific markets were lower on Friday as Japan released revised second quarter gross domestic product figures. Hong Kong cancelled trade for the whole day due to a storm warning. Japan’s Nikkei … Read more