Small- and mid-caps outperformed last week
The New York Stock Exchange. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on …
China
China’s central bank keeps medium-term loan rate unchanged amid yuan weakness
A man walks past the People’s Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service …
Musk’s slash government agencies and regulation benefit empire
Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace …
The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say
EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July …
Trudeau floats ‘other options’ if Mexico won’t address China trade concerns – National
Prime Minister Justin Trudeau said Thursday he would prefer Mexico remain a North American free trade partner but “we may have to look at other options” if the country doesn’t …
Marriott CEO says business is solid amid corporate layoffs
Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China’s tourism market. “We …
Double threat of Trump tariffs, new port strikes has shippers on edge
The Garden City Port Terminal in Savannah, Georgia. Sean Rayford | Getty Images Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the …
Howard Marks is optimistic on China, but says growth target is a huge challenge
Howard Marks, co-chairman, Oaktree Capital. Courtesy David A. Grogan | CNBC Billionaire investor Howard Marks said he was hopeful about China’s economy, but cautioned that the country’s growth target was …
Why the US Government Banned Investments in Some Chinese AI Startups
The more certain short-term impact is that US investors who are still interested in Chinese AI startups will have to do a whole lot more due diligence. The Treasury Department …
Not unexpected markets back at preelection levels
The New York Stock Exchange floor. Source: NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything …