LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s market cap surpassed that of its parent company after the subsidiary’s shares…
OpenAI’s ChatGPT Go has expanded to a total of 18 countries across Asia, according to an announcement made yesterday. Nurphoto | Nurphoto | Getty Images OpenAI has expanded its lower-cost subscription plan, ChatGPT Go, to 16 more countries across Asia, company head Nick Turley announced Thursday. “Making ChatGPT more affordable has been a key ask…
Investors may want to boost their exposure overseas. “Home bias is about as bad as it’s ever been in the United States. The average investor has far too much of their money sitting in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week. Nadig, the firm’s president and director of research, delivered…
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. You can subscribe here. The big story Immigration anxieties and a challenging job market have sparked an online backlash over China’s latest attempt at attracting global talent — a new visa program…
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. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. The fate of TikTok in…
A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images India wants to become a global chip major, but the odds are steep: competition is fierce, and India is a late entrant…
Shubra Singh’s Saturday night dinner at a bar in Pittsburgh was ruined by the White House. Her eight Indian friends at the table, all techies on H-1B visas, were glued to their phones as they tried to get more information about U.S President Donald Trump’s latest move to raise fees for H-1B visa applications. Their…
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. The big story Three young boys eating lollipops joined me on the elevator inside the five-story Yiwu “International Trade Market,” which ships the majority of the world’s Christmas decorations. The kids ran out before…
From mountain trekking in India to a silent retreat in Bali, I’ve been fortunate to travel solo multiple times in the past decade. Over the years, I’ve found that mixing tours with independent travel helps me get the most out of my trips. Meeting people is high on my priority list, as is feeling safe…
In this pool photograph distributed by the Russian state agency Sputnik, (L-R) Russia’s President Vladimir Putin walks with China’s President Xi Jinping and North Korea’s leader Kim Jong Un before a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing’s Tiananmen Square on September 3,…
