European stock markets opened sharply lower on Tuesday, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals after the country’s three main opposition parties said they would not back a confidence vote called by…
An Evergrande commercial complex in Beijing on Jan. 29, 2024. Greg Baker | Afp | Getty Images China Evergrande Group was delisted from the Hong Kong Stock Exchange on Monday — an ignominious exit for the former high-flying developer that once epitomized Beijing’s economic rise and later came to symbolize the country’s property bust. Following…
An aerial view shows people cooling off on a beach in Qingdao, in eastern China’s Shandong province on August 18, 2025. -Str | Afp | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore…
Thousands of sunbathers enjoy the hot, sunny weather on Brighton Beach in East Sussex. An amber heat-health alert is active nationwide, with temperatures expected to reach 34°C, during the UK’s fourth heatwave of the year. Sopa Images | Lightrocket | Getty Images The U.K. economy expanded by a better-than-expected 0.3% in the second quarter, according…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch After several years in the Big Apple, I knew my return to London would be a culture shock. Instead of Times Square with its skyscrapers and blinding lights, I would roam around Piccadilly Circus and its Victorian…
Kate Green | Getty Images Entertainment | Getty Images “Treatonomics” — a consumer trend that covers spending on ‘everyday luxuries’ to larger, life-affirming experiences — is booming as people look for a mood boost in ongoing unsettling economic times. Spending on small-item ‘pick-me-ups’ is a well-established recession-resistant trend, with consumers often turning to purchases of…
People walk near the Elizabeth Tower, commonly referred to as Big Ben, near the Houses of Parliament in Westminster, central London on April 18, 2017. JUSTIN TALLIS | AFP | Getty Images The U.K. government is loathe to admit it, but economists say it’s highly likely that the Treasury will have to hike taxes in…
India’s economy could take a multibillion dollar hit after President Donald Trump raised tariffs on Indian goods to 50% — one of the highest levies on any trading partner — over objections to the South Asian country’s oil trade with Russia. Trump had previously imposed tariffs of 25% on Indian goods due to the country’s high trade…
U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment…
Treasury yields moved higher on Wednesday after the Federal Reserve kept interest rates unchanged and after the U.S. economy grew at a faster-than-expected pace in the second quarter. The 10-year Treasury yield rose 4 basis points to 4.368%. The 2-year yield was up 7.2 basis points at 3.947% and the 30-year bond yield added 2.7 basis points to 4.897%. Prices…
