An exhibition room at Pop Mart’s theme park, Pop Land, in Beijing, on June 18, 2025.Pedro Pardo | Afp | Getty ImagesBeijing may have warned against “blind box” toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China’s hottest consumer brands this year.In an editorial on June 20, China’s state media People’s Daily called for tighter regulations around selling blind-boxed toys and trading cards to children under the age of eight, such as verifying buyers’ age upon payment and requiring parental approval in online transactions.Without naming Beijing-headquartered Pop Mart,…
Author: usaeverydaylife
Protesters hold a sign with a photo of Prime Minister Paetongtarn Shinawatra crossed out at Victory Monument on June 28, 2025 in Bangkok, Thailand. Thousands of protesters gathered at Bangkok’s Victory Monument to demand Prime Minister Paetongtarn Shinawatra resign over a leaked phone call linked to a border dispute with Cambodia. It was the largest anti-government rally since 2023, adding pressure ahead of a possible no-confidence vote.Lauren Decicca | Getty Images News | Getty ImagesFollowing the suspension of Thai Prime Minister Paetongtarn Shinawatra Tuesday by the country’s Constitutional Court, analysts are seeing a troubled future for the Southeast Asian nation.Paetongtarn…
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions.A monitor displays US Space Force signage on the floor of the New York Stock Exchange in New York, US, on Tuesday, Jan. 3, 2023. Bloomberg | Bloomberg | Getty ImagesOverview: One Big Beautiful WindfallAnd one of the big windfall winners of U.S. President Donald Trump’s tax and spending megabill could end up being… unexpectedly, the U.S. Space Force.There’s a lot that the administration’s put on the line for the tax and spending package, reputationally and…
European stock markets have been on a tear in 2025, with the Stoxx Europe 600 index climbing roughly 7% in the year to date and investors rotating into the region to seek refuge from the political and valuation anxieties of the U.S. markets. But some analysts warn that this rally is built on a fragile and potentially risky assumption: that the escalating global trade war is temporary and will pass without inflicting lasting damage. Investment strategists highlight that beneath the surface of the market’s optimism, the data tells a more grounded story. .STOXX YTD mountain They point to the Federal…
Air France-KLM to take majority stake in SASAirline group Air France-KLM says it is initiating proceedings to take a majority stake in Scandinavia’s SAS, upping its holdings in the company to 60.5% from just under 20%.Air France-KLM hopes to close the deal in the second half of next year. SAS CEO Anko van der Werff will join CNBC’s “Squawk Box Europe” for an exclusive interview on the news at 8:45 a.m. London time.Stock Chart IconStock chart iconAir France-KLM.Gloomy start for European stocks aheadGood morning from London.European markets across the U.K., France and Germany are heading for a negative start on…
Billionaire entrepreneur and investor Mark Cuban says that artificial intelligence has the potential to generate more wealth for a single person than any individual has ever accumulated before.Specifically, Cuban predicts that AI will help create the world’s first trillionaire, he said on a recent episode of the podcast “High Performance.” That person will be someone who is able to harness AI in a yet-to-be-discovered way, he added.’We haven’t seen the best, or the craziest, of what [AI] is going to be able to do,” said the 66-year-old former “Shark Tank” star. “Not only do I think it’ll create a trillionaire,…
The clock is running out on key trade deadlines, but investors have resigned themselves to negotiations that will likely continue over the long haul as equities trade at all-time highs. The 90-day reprieve from President Donald Trump’s “reciprocal” tariffs on most U.S. trading partners ends on Tuesday. The deadline for the U.S. and the European Union to reach a deal to prevent a 50% levy on EU imports is also set to end Wednesday. But most investors are expecting the Trump administration will likely roll forward negotiations. In recent days, the White House called the July trade deadlines “not critical,”…
A view of the US Capitol in Washington, DC, on June 30, 2025.Jim Watson | Afp | Getty ImagesThe wealthy will likely see a host of new tax breaks in President Donald Trump’s “big beautiful bill,” along with permanent extensions of many of the 2017 tax cuts, according to tax experts.Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% in the Senate version of Trump’s bill, according to the Tax Policy Center. That compares with the nationwide average of about 2.5%. In dollar terms, millionaire earners will see an average after-tax…
A general view of the SEBI (Securities and Exchange Board of India) building is seen in the business district of Mumbai, India, on July 1, 2025.Nurphoto | Nurphoto | Getty ImagesThe Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India’s securities market, according to an order posted on the regulator’s website on Friday.The order stated that the U.S. trading firm’s “entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”The regulator also issued an interim order to impound over 48.4 billion Indian…
The U.S. told GE Aerospace on Thursday that it can restart jet engine shipments to China’s COMAC, in a further sign of de-escalating U.S.-Sino trade tensions. (Photo by Jakub Porzycki/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesThe U.S. told GE Aerospace Thursday that it can restart jet engine shipments to China’s COMAC, according to a person familiar with the matter, in a further sign of de-escalating U.S.-Sino trade tensions that included concessions from Beijing over rare earths.The United States this week also lifted restrictions on exports to China for chip design software developers and ethane producers, suggesting trade talks between the two countries are moving forward.License suspensions and new license…
