China gives green light to importing first batch of Nvidia’s H200 AI chips, sources say: Reuters
The approval covers several hundred thousand H200 chips and was granted during Nvidia Chief Executive Jensen Huang’s visit to China this week, the sources said.
Airbus, AstraZeneca and HSBC executives join UK’s Starmer on high-stakes China trip
Executives from Airbus, AstraZeneca and HSBC are joining Prime Minister Keir Starmer on a rare China visit, highlighting the business focus of the trip amid strained global trade relations.
CNBC Daily Open: The EU-India trade deal story is not over yet
U.S. President Donald Trump has yet to air his views about the India-EU agreement.
One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models
Chinese companies are releasing new AI models and striving to gain an edge in the AI application race as the country’s biggest holiday of the year nears.
Amazon inadvertently announces cloud unit layoffs in email to employees
Amazon sent a notice out to staffers in an apparent error acknowledging “organizational changes” at the company.
Australia inflation meets expectations at 3.6%, reaching a six-quarter high
The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is “too high.”
Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low
The dollar dropped about 1.3% on Tuesday.
South Korea’s Kospi hits record high for second straight session as the region trades mixed
South Korea’s Kospi hit a second straight day of record highs Wednesday after U.S. President Donald Trump struck a conciliatory tone on his tariff threat against Seoul.
S&P 500 briefly surpasses 7,000, then closes little changed as Fed keeps rates steady: Live updates
The S&P 500 briefly surpassed the 7,000 threshold during Wednesday’s session, but ultimately ended the day near flat.
The Fed releases its latest interest rate decision Wednesday. Here’s what to expect
This week’s meeting offers little suspense and probably not much action, even as massive changes loom over the Fed’s longer-term direction.
