Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets were mostly lower on Monday as investors assessed renewed U.S. tariff threats tied to Greenland, raising concerns about escalating trade tensions with Europe. European states are reportedly discussing counter-tariffs and broader punitive economic measures in response to fresh tariff threats from President Donald Trump, further…
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Japan’s 40-year government bond yield hit a record high on Tuesday amid a broad selloff in government bonds, as investors worried that proposed cuts to the food sales tax could worsen the country’s fiscal position. The long-dated…
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank kept its loan prime rates unchanged on Tuesday as the authorities focus on targeted support for specific sectors to bolster a slowing economy instead of…
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Investor appetite for private credit remains undeterred even as warnings mount over looser loan approval and risk-assessment practices, as well as rising pockets of borrower stress. The troubles at First Brands Group last September became a flashpoint for critics of private credit after…
The logo of the German car manufacturer Volkswagen can be seen on a vehicle in front of a VW dealership. Picture Alliance | Picture Alliance | Getty Images Shares of some of Europe’s biggest carmakers fell sharply on Monday morning, following U.S. President Donald Trump’s pledge to impose tariffs on several European countries over Greenland….
Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed AI startup is currently being valued at $4.8 billion in a fresh funding round, two people with knowledge of the deal said, just weeks after it was valued at $4.3 billion. Moonshot AI is the…
We’re heading into a holiday-shortened trading week. Don’t let that fool you, though. There’s enough on the calendar to fill a full week. Earnings season is ramping up. The Fed’s preferred inflation gauge is due out (albeit a little stale). And we’re having our first Monthly Meeting of the year. 1. Earnings outside the portfolio:…
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell plans to attend oral arguments on Wednesday at the Supreme Court in a case challenging the…
Sarah Friar, CFO of OpenAI, appears on CNBC’s Squawk Box on August 20, 2025. CNBC OpenAI will make 2026 its year of “practical adoption,” the artificial intelligence startup’s finance chief said in a blog Sunday. “The priority is closing the gap between what AI now makes possible and how people, companies, and countries are using…
An aerial view of the town ahead of World Economic Forum (WEF), also known as Davos Summit in Davos, Switzerland on January 14, 2024. Anadolu | Anadolu | Getty Images J.P. Morgan CEO Jamie Dimon, Ukrainian President Volodymyr Zelenskyy and Nvidia CEO Jensen Huang are among the who’s who of political leaders, big-name CEOs and…
