Jonathan Raa | Nurphoto | Getty Images Bitcoin, ether and other cryptocurrencies surged after U.S. President Donald Trump urged Congress to pass a bill expected to boost the sector. Trump also hinted at regulating Hyperliquid, the decentralized exchange that’s been garnering popularity among traders as the home base of “perpetual futures” trading. The Hyperliquid token…
Genesis GV90 Courtesy Genesis SAN FRANCISCO — Hyundai Motor’s newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90. The up to seven-seat EV features a new design direction for Genesis and expands the luxury brand’s lineup to seven vehicles in the U.S., as Hyundai continues to grow its sales domestically. The…
Cfoto | Future Publishing | Getty Images Shares of SK Hynix surged over 12% in Seoul on Thursday after the company announced a massive stock buyback. The company said it is accelerating its 40 trillion won ($28.7 billion) share repurchase and cancellation program, while pursuing a shareholder return expansion to over 50% of cumulative free…
China’s yuan has strengthened against the U.S. dollar this year. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese government bonds can play an important role in portfolio diversification as they are likely to continue behaving differently from other countries’ debt, strategists say. China’s yields have edged down in recent months even as benchmarks in…
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. Chinese brands dominate the Indian smartphone market, claiming four out of the top five spots, as their low-priced and feature-rich phones appeal to the…
Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Semiconductor shipments continued to power Japan’s exports in July, helping clock the fastest growth since October 2022, beating expectations. Exports growth accelerated for a fifth…
US President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House in Washington, DC, on Aug. 19, 2026. Jim Watson | AFP | Getty Images President Donald Trump said the U.S. will launch what he called the “most crushing economic operation ever taken against any country”…
The Treasury Department and Internal Revenue Service proposed rules on Wednesday to restrict access to refundable tax credits for certain immigrants. Tax experts say the move would potentially disqualify hundreds of thousands, if not millions, of people — particularly lower earners — from the tax benefits and represents the latest move by the Trump administration…
President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House in Washington, Aug. 19, 2026. Jim Watson | AFP | Getty Images President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn’t cutting interest rates, insisting that solid economic data shouldn’t stop the central…
Government debt has eclipsed $40 trillion, passing yet another staggering benchmark for red ink, according to the Treasury Department. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link
