Traders work on the floor of the New York Stock Exchange during morning trading on July 30, 2026 in New York City. Michael M. Santiago | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The Dow just notched its fifth straight record close,…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. The Indian government has been rushing to sell stakes in state-owned companies this year. So far, it has pared its stake in 10 public…
Reserve Bank of India (RBI) Governor Sanjay Malhotra speaks during a press conference after the monetary policy review at RBI headquarters in Mumbai on December 5, 2025. India’s central bank cut interest rates on December 5 as low inflation provided room to help cushion the world’s fastest-growing major economy against US President Donald Trump’s tariff…
CHINA – 2025/09/05: In this photo illustration, the 100-yuan RMB banknotes, a calculator and a Chinese national flag are placed on the table. Sopa Images | Lightrocket | Getty Images Offshore trusts have long been used by China’s ultra-rich to tuck away hundreds of billions of dollars outside the country. Now, a move by Beijing…
Treasury Secretary Scott Bessent said Tuesday that the U.S. joined Japan‘s effort to strengthen the yen because the currency’s weakness risked destabilizing markets across Asia. “A stable yen is not only important for the U.S., but very important for the entire region,” Bessent said on CNBC’s “Squawk Box.” Bessent said a sharply weaker yen could…
Sanae Takaichi, Japan’s prime minister, speaks during a press conference at the prime minister’s office in Tokyo, Japan, on Wednesday, Feb. 18, 2026. Kiyoshi Ota | Via Reuters Japanese Prime Minister Sanae Takaichi has pushed forward with her plan to slash the consumption tax on food, which reportedly would be the first time the tax…
The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s biggest IPO so far. Punit Paranjpe | Afp | Getty Images The Indian government will sell up to a…
The Federal Reserve may soon be drawn into the Trump administration’s efforts to back the embattled currency of U.S. ally Japan. Treasury Secretary Scott Bessent wants the apolitical Fed to expand a lending facility that would enable Japan to support its currency without roiling the sensitive U.S. Treasurys market. That request comes as new Fed…
Ukrainian President Volodymyr Zelenskyy arrives in the US ahead of talks with President Donald Trump in Washington, D.C, United States on July 28, 2026. Anadolu | Anadolu | Getty Images Ukrainian officials, drone executives and national security experts are bracing for another extremely difficult winter, fearing that a Russian assault on energy infrastructure could pose…
Satellite view of Iran (with mask). This image was compiled from data acquired by LANDSAT 5 & 7 satellites., Iran, Middle East, Asia, True Colour Satellite Image With Mask (Photo by Planet Observer/Universal Images Group via Getty Images) Planet Observer | Universal Images Group | Getty Images U.S. President Donald Trump said negotiations with Iran…
