BUSAN, SOUTH KOREA – OCTOBER 30: U.S. President Donald Trump disembarks Marine One as he prepares to attend a meeting with Chinese President Xi Jinping at Gimhae International Airport on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images News | Getty Images Chinese President Xi Jinping and U.S. President Donald Trump…
South Korea’s benchmark Kospi Index has been on a record-breaking spree this month, hitting 16 intra-day records so far, propelled by a mix of AI-driven optimism about chip firms and sweeping corporate governance reforms. The rally has pushed the index past the 4,000 mark, with nearly 21% gains in October alone so far. The index…
A container ship sails past buildings in Busan, South Korea, on Thursday, Sept. 22, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set for a mixed open Thursday, after U.S. Federal Reserve Chair Jerome Powell indicated that a rate cut in December was far from a “foregone…
A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel in Austin, Texas, on March 8, 2025. Mat Hayward | Variety | Getty Images YouTube is offering voluntary buyouts with severance for U.S.-based employees as it restructures its product organization to focus more on artificial intelligence. The…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The U.K. economy, along with many continental European peers, faces well-established challenges. These include a high debt-to-GDP ratio, a high deficit-to-GDP ratio and an ageing population making increasing demands on the state, just as growth is…
The U.S. and China held their fourth round of trade talks this year in Malaysia over the weekend as anticipation grows for a meeting Thursday between the leaders of the world’s two largest economies. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights…
BlackRock’s Jeff Shen, remains constructive on U.S. equities over the next six-to-12 months, but he said investors may find more compelling opportunities overseas as global markets play catch-up. “There’s a fundamental capital expenditure story, given the excitement around artificial intelligence and the potential productivity growth coming from this investment,” said Shen, co-chief investment officer and…
The Federal Reserve on Wednesday approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another reduction is coming in December. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. In addition to…
Employees work on a mobile phone assembly line at Padget Electronics, a subsidiary of Dixon Technologies, in Noida, India, on Friday, March 22, 2024. Bloomberg | Bloomberg | Getty Images In a move aimed at cutting India’s import dependency for electronic components, the government has approved the first set of projects under its $2.7 billion…
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is slated to report third-quarter earnings on Wednesday after the bell…
