Biotech IPO revival faces competition from cash-rich big pharma buyers
Biopharma dealmaking is driven by pressure to top up drug pipelines ahead of major patent expirations later this decade.
Bank of Japan hikes rates to 1%, highest since 1995, as yen and inflation worries take hold
This is the BOJ’s first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
South Korean defense stocks surge on prospects for post-Iran-war sales boosts
South Korean defense stocks have risen as there will be “numerous export pipelines” for companies to sell to the Middle East.
China economy weakens further in May as retail sales post first drop in over three years
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, adding to signs the economic slump deepened.
China economy weakens further in May as retail sales post first drop in over three years
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, adding to signs the economic slump deepened.
CNBC Daily Open: Relief rally rolls on as Mideast deal boosts sentiment
As investors look to the formal signing of the Iran deal on Friday, equities are hitting fresh highs, oil is down and yields are pulling back.
U.S. stock futures are flat after Dow record close on U.S.-Iran deal; Nikkei 225 hits record high: Live updates
On Monday, the Dow Jones Industrial Average climbed to new intraday and closing records on a potential deal between the U.S. and Iran.
People in China are watching the World Cup differently this time
A 12-hour-plus time difference and various streaming options are influencing how people in China watch the World Cup.
CNBC’s The China Connection newsletter: Waiting for AI to lift the whole market
China’s economy sees a lift from artificial intelligence-related industries, while real estate and domestic demand remain lackluster.
