Apple launches fresh legal challenge against UK encrypted data access demand
The filing comes a year on from the U.K. dropping an initial demand for access to British and American user data from Apple.
Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill
Japan is giving up revenue now in the hope that stronger consumption and a 370 trillion yen public-private investment will deliver faster growth later.
Treasury yields slide as oil falls on Bessent comments
The move comes as oil prices slid more than 2% on the day after Bessent told CNBC an agreement to open the Strait of Hormuz could come Tuesday or Wednesday.
CNBC Daily Open: A U.S. yen intervention dressed in euros
Reports suggest that Washington sold euros to fund its intervention to avoid impacting the sensitive U.S Treasury market.
Deutsche Bank says gold’s ‘explosive’ run isn’t over and gives a bullish end-of-year forecast
Deutsche Bank says gold’s explosive price behavior is ongoing, even after spot prices fell from a January record and doubled since August 2024.
AI is helping Grab ship products more than 30% faster, CFO says, as company raises forecasts
Grab reported second-quarter results on Tuesday and raised its full-year outlook.
India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
Indian government plans to raise up to $3.3 billion by selling its stake in the country’s top life insurance company.
CNBC Daily Open: Fast and furious intervention to prop up the yen — will it work?
Japan, having intervened to prop its weakening currency to little effect in the past, roped in the U.S. to stage a coordinated intervention.
CNBC’s The China Connection newsletter: AI wins come with an old investor risk
From a surprise yuan devaluation in 2015 to crackdowns in recent years, many of Beijing’s policy moves appear abrupt to outsiders.
