Singapore’s economic losses due to heat stress could nearly double to over $1.5 billion in 2035
Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation.
Why Japan’s ‘shunto’ wage hikes may not bring cheer to over 80% of its workers
Unionized workers that are expected to receive the pay bump made up just 16.3% of Japan’s workforce — a record low — as of June 2023.
CNBC Daily Open: Projections are not promises
The U.S. Federal Reserve may not cut rates in June and that could have global implications.
Rescuers in Taiwan search for those missing after major earthquake as death toll rises to 10
Rescuers searched Thursday for people still missing a day after Taiwan’s strongest earthquake in 25 years killed 10 people and stranded others in remote areas.
In the wake of bitcoin’s new highs, South Korea’s ‘kimchi premium’ is in the spotlight again
The “kimchi premium” is the price gap in cryptocurrencies, especially bitcoin, when listed in South Korea versus those listed in U.S. or European exchanges.
China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India’s market cap
The market cap of the National Stock Exchange of India is $4.63 trillion, making it the third largest exchange in Asia.
Feeling FOMO over Reddit or Truth Social? Here’s another way to cash in on meme stocks
For investors that cannot stomach the risks linked to meme stocks, there are less volatile ways to capitalize on the trading phenomenon, investor says.
‘A fantastic market’: Strategist names one under-the-radar stock to play in Japan right now
Market strategist Matt Orton is looking favorably at Japanese stocks, and one lesser-known stands out to him as a good play right now.
Dow closes lower for a third day as stocks’ second-quarter woes continue: Live updates
The Dow Jones Industrial Average ended Wednesday modestly lower.
Bitcoin slides 5% as Treasury yields spike to highest level since November: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
