Chinese property developer Country Garden reportedly set to avert yuan bond default
Country Garden may avoid a default on its yuan-denominated bonds after most holders of a local note agreed not to demand repayment this week, according to Bloomberg.
Yemen’s Houthi attacks Norwegian tanker after threat to target any Israel-bound ships
Yemen’s Houthi militants claimed an attack against a Norwegian tanker, days after the group pledged to target Israel-bound ships of any nationality.
Can Hamas actually be eliminated? This is what military and security analysts think
CNBC spoke to ten experts in counterterrorism, Middle Eastern history and security, and military operations for their perspectives.
Renault to sell 5% tranche of Nissan stake
Nissan said in a separate statement that the move was “in line with Nissan’s commitment to enhancing shareholder returns and capital efficiency”.
UK to probe Unilever’s environmental claims as part of greenwashing crackdown
The CMA had launched a wider probe in January, joining regulators across the United States and Europe as they crack down on potentially false environmental, social and governance-related (ESG) claims made by companies.
China’s Xi arrives in Vietnam, looking to strengthen ties
Despite close economic ties, Vietnam and China have been at odds over boundaries in the South China Sea and have a millennia-long history of conflict.
CNBC Daily Open: A new AI gem
Broadcom shares popped 9% after Citi resumed coverage on the semiconductor maker, rating it a “buy.”
TikTok and GoTo team up in Indonesia, threatening Southeast Asia’s e-commerce giant
Shopee may face “greater pressure” from the combined forces of GoTo and TikTok in Indonesia, analysts said.
Malaysia PM aims to rebuild trust with major cabinet reshuffle
PM Ibrahim reshuffled his cabinet, making changes including the posts of foreign, defense and energy ministers and the return of a second finance minister.
U.S.-Chinese military hotline hasn’t been restored a month after Biden-Xi summit
Last month, Biden declared the resumption of contacts a signature achievement. U.S. military officials say Chinese colleagues haven’t been taking their calls.
