World News

China’s state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said. Bloomberg | Bloomberg | Getty Images China’s state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said, the country’s first purchases from this year’s U.S. harvest ahead of this week’s summit of leaders Donald Trump and Xi Jinping. COFCO purchased about 180,000 metric tons of soybeans for December and January shipment through…

TOKYO, JAPAN – OCTOBER 27: U.S. President Donald Trump disembarks Air Force One as he arrives at Haneda Airport on October 27, 2025 in Tokyo, Japan. Takashi Aoyama | Getty Images News | Getty Images U.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese…

Tourists sit on a bollard at the Sydney Opera House. Afp Contributor | Afp | Getty Images Australia’s inflation accelerated in the third quarter, with consumer prices rising 3.2% from a year earlier — the fastest pace in more than a year — the Australian Bureau of Statistics said Wednesday. The increase topped the 2.1%…

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly traded higher on Wednesday as investors awaited the Federal Reserve’s interest rate decision, widely believed to bring a second straight 25 basis point cut. Markets are…

Strauss Zelnick, the CEO of video game publisher Take-Two Interactive, said he is not a “naysayer” when it comes to the promise of artificial intelligence. But at the same time, Zelnick, who leads the company that publishes the “Grand Theft Auto,” “NBA 2K,” “Red Dead” and “Borderlands” video game series, said the signs that the…

Bridgewater Associates founder Ray Dalio on Tuesday warned that a bubble could be forming around megacap technology in the U.S. amid the artificial intelligence boom, but said that it may not end until the Federal Reserve reverses its current easy policies. “There’s a lot of bubble stuff going on,” Dalio told CNBC’s Sara Eisen in…

An exterior view of the Breitling Swiss luxury watch store in New Bond Street, Mayfair on February 17, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Tariffs of 39% that were slapped on Swiss goods by U.S. President Donald Trump have been “horrible” for Switzerland, the chief executive of Swiss luxury watchmaker…

Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Apple and Microsoft shares rose on Tuesday, pushing the companies over a market cap of $4 trillion. Both companies are still behind Nvidia, which is the world’s most valuable company with a market cap of over $4.6 trillion. Microsoft previously hit the $4 trillion…

The Grok AI logo is seen displayed on a smartphone with the Wikipedia logo in the background. Sopa Images | Lightrocket | Getty Images Elon Musk launched an early version of an AI-powered encyclopedia called ‘Grokipedia’ on Monday, with its website temporarily crashing before coming back online hours later.  The new AI service, named after…

A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on July 28, 2025. CFOTO | Future Publishing | Getty Images Global trade is not broken, despite the disruption, pressure and shock of trade tariffs introduced by the U.S. this year, the head of the World…