Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says
Donald Trump’s proposed 10% tariff increase on all U.S. imports “shakes up every asset class,” according to Rabobank’s Michael Every.
UBS sees a 10% spike for gold this year as rate cut speculation swirls
The “power of the Fed’s policy pivot should not be underestimated,” according to UBS.
Saudi Arabia’s lavish sports push will now embrace snooker — and introduce a new golden ball
Games will take place under current World Snooker rules but with the introduction of a 23rd ball referred to as the “Riyadh Season” ball.
No ‘economic collapse’: Top Citi strategist says healthier economic growth is coming
The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable growth, according to Citi’s Steven Wieting.
Sony ends $10 billion India Zee merger, setting stage for legal spat
Sony scrapped plans on Monday for a $10 billion merger with Zee Entertainment, with both sides set to challenge each other legally over the failed deal.
CNBC Daily Open: Making way for the bull market?
More fourth-quarter earnings and macro data will provide fresh impetus for investors this week.
Southeast Asia markets are poised for a comeback with valuations at ‘bargain basement,’ Maybank says
Southeast Asia markets may have lost some steam in the last year, but things could soon be “turning around” in 2024, according to Maybank.
Moody’s is negative on Asia’s sovereign creditworthiness in 2024 as China growth slows
The credit rating agency said the slowdown in China’s growth “significantly influences” APAC economies because of China’s strong integration to global supply chains.
Terraform Labs files for bankruptcy protection in the U.S.
Kwon and Terraform Labs were held responsible for two cryptocurrencies whose collapse caused turbulence in crypto markets around the world in 2022.
Blockchain, the tech behind bitcoin, may have found its ‘killer use case’ by keeping AI in check
Blockchain could be used to prevent bias in the data that artificial intelligence models are being trained on, executives tell CNBC.
