Boaz Weinstein’s hedge fund Saba Capital has a new activist target — and has given it an ultimatum to adopt sweeping proposals
Boaz Weinstein’s activist hedge fund Saba Capital has issued new demands in its latest U.K. investment trust bet.
Japan’s Mitsubishi to acquire shale gas assets in U.S. for $7.5 billion
In a filing with the Tokyo Stock Exchange, Mitsubishi said that the investment will strengthen the earnings base of the company’s natural gas and LNG businesses.
Some in BOJ see scope to raise rates sooner than markets expect, sources say: Reuters
Some Bank of Japan policymakers see possible interest rate hikes sooner than expected, with April a distinct possibility.
India’s exports to China surge in December while shipments to U.S. decline as Trump tariffs bite
Exports to China surged 67% in December to $2 billion, in contrast to goods shipped to the U.S. — New Delhi’s biggest export market — that dropped 1.8% to $6.8 billion.
Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million
America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro’s capture, said U.S. Energy Secretary.
CNBC Daily Open: TSMC earnings draw investors’ eyes back to AI
Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week’s headlines still reflected larger global dynamics.
CNBC Daily Open: TSMC earnings draw investors’ eyes back to AI
Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week’s headlines still reflected larger global dynamics.
OpenAI tells investors to brace for ‘deliberately outlandish’ claims from Musk ahead of trial
OpenAI on Thursday told its investors and banking partners that it expects Elon Musk to make “deliberately outlandish” claims ahead of an April trial.
CNBC’s Inside India newsletter: AI is taking over core operations of Indian IT companies
By 2027, most of IT services work will be done by human plus AI teams: Indian industry body report
Asia chip stocks rise after U.S.-Taiwan trade deal; Taiex and South Korea’s Kospi hit fresh records
The Taiwan Weighted Index climbed 1.94% and closed at a record high of 31,408.7.
