Evergrande shares plunge as much as 87% as trading resumes after 17 months
Evergrande shares tumbled as much as 87% on the Hong Kong Stock Exchange on Monday, to as low as 22 Hong Kong cents.
Indonesia is moving its capital from Jakarta to Nusantara. Here’s why it won’t be so easy
Indonesia has plans to relocate its capital from Jakarta to Nusantara in East Kalimantan, but researchers say the move will come with a slew of challenges.
Simone Biles wins a record 8th U.S. Gymnastics title a full decade after her first
The gymnastics star won her record eighth U.S. Championship on Sunday night, 10 years after she first ascended to the top of her sport as a teenage prodigy.
New Zealand’s opposition vows to shake up central bank, as it leads in polls
National’s platform includes returning the RBNZ’s goal to keep inflation between 1% to 3% and jettisoning recent additions of an employment mandate.
Morgan Stanley names cash-rich global stocks with ‘better downside protection’
Morgan Stanley screened for European stocks with strong balance sheets, lots of cash or high shareholder returns. CNBC Pro takes a look at 20.
BofA names its 5 favorite AI-linked stocks — giving one 30% upside
Artificial intelligence is still taking Wall Street by storm, and BofA says it continues “to see benefits for semis as AI investment ramps.”
China and Hong Kong stocks lead gains in Asia markets; Evergrande shares plunge as much as 87%
Investors will be looking at China’s factory activity on Thursday, as well as PMI readings across the region on Thursday.
CNBC Daily Open: Powell said high rates. Markets heard robust economy
Jerome Powell’s words dance in the space between two meanings — surely a result of his ability to satisfy a dual, but oftentimes contradictory mandate.
Your boarding pass and weight, please: Why airlines are asking passengers to step on the scales
Airlines weigh passengers in the name of safety and fuel efficiency, often because it’s required by law. But whether it’s necessary depends on who you ask.
Dow closes 200 points higher as Wall Street aims to curtail August’s decline: Live updates
Stocks rose Monday to kick off the final trading week of August, with investors looking to recover some of the August losses.
