An employee removes a silver bar for sale from the shelf at a Costco in Bayonne, New Jersey, U.S., on Friday, Oct. 4, 2024.Clark Hodgin | Bloomberg | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayColombia to see first Trump tariffsU.S. President Donald Trump wrote on his social media platform Truth Social he would immediately impose a 25% tariff — which will go up…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailYang Lei, China Equity Research Analyst at CGI, explains why there’s been consistent growth in Chinese travel, despite citizens being generally more cautious with their spending. Source link
Israeli troops were preventing Palestinians from returning to their homes in the north of the Gaza Strip on Sunday as Israel said Hamas had violated the terms of the cease-fire agreement that went into effect a week ago while Hamas accused Israel of stalling.Officials on both sides said they were in contact with mediators to try to resolve the crisis — one of the most significant between the parties since the cease-fire brought at least a temporary halt in fighting after 15 months of devastating war.Under the terms of the initial phase of the deal agreed to this month, Israel…
Workers produce garments for export to overseas markets at Sihong Guoshun Garment Co., Ltd. in Weiying town, Sihong County, Suqian city, East China’s Jiangsu province, on January 23, 2025..Costfoto | Nurphoto | Getty ImagesChina’s factory activity in January unexpectedly contracted, reversing the expansionary momentum in the past three months, partly due to a slow season ahead of the Lunar New year.The official purchasing managers’ index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.The reading fell short of Reuters poll estimates of 50.1. PMI in December came in at 50.1, while in…
When we talk during the 9 a.m. ET hour of CNBC’s “Squawk on the Street,” the morning show I love so much, there’s never time to flesh things out. We hit topic after topic: bang, bang, bang. Occasionally, though, Carl Quintanilla will serve it up, I’ll lob it back, and then David Faber smashes it in my face. And, I love it. It happened this past week when I said I was gratified that the market was rotating into more than tech. It’s not easy when I could argue these days that some 30% of this tape is tech or…
The Israeli military raided the Jerusalem home of a Hamas member released as part of an exchange for Israelis being held hostage in Gaza, detaining one person and roughing up others on Saturday evening, including a New York Times reporter conducting interviews at the scene.A squad of soldiers forced its way into the house on the outskirts of Jerusalem and disrupted an event marking the early release of Ashraf Zughayer, a Hamas member imprisoned in 2002 for driving terrorists to the locations of their attacks. Among them was a suicide bomber who killed six civilians by blowing up a bus.…
People walk towards their homes through the destroyed streets of Gaza City on January 19, 2025. TAbood Abusalama | Afp | Getty ImagesMediator Qatar announced early Monday that an agreement has been reached to release an Israeli civilian hostage and allow Palestinians to return to northern Gaza, easing the first major crisis of the fragile ceasefire between Israel and Hamas.Qatar’s statement said Hamas will hand over the civilian hostage, Arbel Yehoud, along with two other hostages before Friday. And on Monday, Israeli authorities will allow Palestinians to return to northern Gaza.The office of Israeli Prime Minister Benjamin Netanyahu in a…
U.S. President Donald Trump’s late-night firing of inspectors general at multiple government agencies was criticized as illegal on Saturday by Democrats and others and drew concern from at least one fellow Republican.In what critics called a late-night purge, Trump fired 17 independent watchdogs on Friday, a person with knowledge of the matter told Reuters, a move that clears the way to replace independent watchdogs with loyalists.U.S. Senator Adam Schiff, a longtime Democratic antagonist of Trump, said the action was a clear violation of the law.”Trump wants no accountability for malfeasance in office,” Schiff said in a post on platform X.…
Drone point view of the Shanghai skyline at sunrise.Aerialperspective Images | Moment | Getty ImagesJapan and Hong Kong markets were set to open higher Monday, ahead of China’s manufacturing and industrial profit data.Japan’s Nikkei 225 futures pointed to a stronger open for the market. The futures contract in Chicago is currently at 40,260 and its counterpart in Osaka last traded at 40,480 compared to the index’s previous close of 39,931.98. Hong Kong’s Hang Seng index futures last traded at 20,147, compared with HSI’s last close of 20,066.19. Australian, Taiwan and South Korean markets were closed for holidays.China on Sunday introduced new initiatives…
The World Artificial Intelligence Conference in Shanghai on July 6, 2023.Aly Song | ReutersBEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI’s ChatGPT.Now, many companies in China are increasingly building on that foundation to develop products that look to go beyond a chatbot.Baidu, best known for its search engine and Ernie chatbot, said Tuesday its generative AI-integrated Wenku platform for quickly creating powerpoints and other documents had reached 40 million paying users, with revenue up 60% from a year ago as…
