Alibaba’s former CEO Daniel Zhang to join Firstred Capital as managing partner
Alibaba Group’s former CEO Daniel Zhang will join Firstred Capital as managing partner, six months after he left the Chinese e-commerce giant.
Dow closes more than 250 points higher as major averages surge to fresh records: Live updates
Stocks climbed Thursday and added to the previous session’s gains, powering the major averages to new records.
‘Hong Kong is China’s Hong Kong’: Beijing hits back at U.S. for ‘slandering’ city’s new security law
China’s embassy hits back against U.S. criticism of Hong Kong’s new national security law, urging the U.S. to “respect China’s sovereignty.”
CNBC Daily Open: Wall Street heaves a sigh of relief
Wall Street liked what it heard from the Fed today, that its sticking to three rate cuts for this year.
Vietnam’s president resigns, raising questions over stability
The Vietnamese Communist Party accepted the resignation of its president, the government said, a sign of political turmoil that may hurt investors’ confidence.
Passport-free travel in Singapore is here — but only for certain travelers
From Tuesday, those traveling by car between Singapore and Malaysia can show QR codes instead of handing over their passports at two checkpoints.
Australia, UK to boost defense cooperation
Australia and the U.K. signed a new defense agreement that makes it easier for their defense forces to operate together in each other’s countries.
South Korean stocks lead gains in Asia after Fed maintains rate forecast; Nikkei hits fresh all-time high
Investors in Asia will be watching for economic data from Australia, Japan and India
Gold prices have been hitting record highs — here’s why the rally is far from over
Gold prices hit a new all-time high recently, and there’s still room for it to surge as some countries continue on a gold buying spree.
Weight loss drugs could hit these 2 Swiss chocolate makers, Vontobel says
The investment bank also identified two Swiss companies with healthy product options that could benefit from the weight-loss trend.
