Crisis-hit Paytm in talks with top India officials after $2.5 billion market cap wipeout
Paytm’s chief executive was told to approach the country’s central bank in a short meeting with India’s finance minister, according to sources.
CNBC Daily Open: Banking fears stir once again
There appears to be no letup in Silicon Valley’s march to downsize, or rather to “right-size.”
Cathie Wood is standing by Tesla amid sharp sell-off, betting on robotaxi cycle in 2 years
Ark Invest’s Cathie Wood said she’s standing by her bullish thesis on Tesla and is buying the dip in the electric vehicle company as the stock sold off.
S&P 500 hits 5,000 for the first time, but closes just under the milestone: Live updates
The S&P 500 briefly topped the 5,000 milestone for the first time on record.
China’s central bank encourages local businesses to accept foreign payment cards
His written comments, exclusive to CNBC, come as Beijing has stepped up efforts to encourage visits from foreign tourists and business people.
SoftBank nets $16 billion on Arm earnings pop, exceeding its total losses in WeWork
Chip design firm Arm reported strong earnings on Wednesday, giving Masayoshi Son’s SoftBank a huge paper profit.
Asset manager names one under-the-radar market to buy when times are bad, giving 6 stock picks
“In difficult times, Swiss equities, besides the U.S., is one of the markets to buy,” says Vontobel Asset Management’s Carla Bänziger.
Nintendo’s stock could rise by 30%, say analysts — if it overcomes these hurdles
The global video game maker could leverage its 130 million strong customer base to sell its highly anticipated next-generation gaming console.
Social media chatter helps draw 3 million tourists in 3 days to a frigid city in northern China
Following a flurry of social media chatter, Harbin attracts a record-breaking number of visitors during the three-day New Year holiday.
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March.
