Taiwan leads gains in Asia markets; Japan December inflation at its lowest since June 2022
Japan’s December headline inflation rate hit its lowest level since June 2022, cooling to 2.6% from 2.8% in November.
Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years
A top Lenovo exec said he’d “bet a paycheck” that Motorola will be the third-biggest smartphone brand in 3 years, laying down a challenge to Apple and Samsung.
Top CEOs fear that volatile supply chains are now just the new normal
Top CEOs are closely following tensions in the Red Sea, warning that this kind of volatility for supply chains is likely here to stay.
CNBC Daily Open: Dow breaks losing streak
The week is wrapping up on a brighter note as U.S. markets snap losing streaks, while across the Atlantic headlines from Davos grab attention.
Here’s Morgan Stanley’s ‘conviction list’ of global dividend stocks
Morgan Stanley produced a screen of what it called its “conviction list” of dividend stocks. CNBC Pro features eight of them.
BYD and more: AllianceBernstein names top Asian stock picks for the next 6 months, gives one over 60% upside
The bank reveals stocks it finds “particularly attractive right now,” using a model it says can differentiate “winners from losers” even over the long term.
India’s consumption growth is set to accelerate as Goldman predicts ‘affluent’ Indians to nearly double
Around 100 million people in India will earn an income of more than $10,000 a year by 2027, according to Goldman Sachs.
Macy’s to cut more than 2,300 jobs, about 3.5% of its workforce, and close five stores
The legacy department store Macy’s is aiming to trim costs and turn around slowing sales.
Congress passes stopgap bill to prevent a shutdown until March, sending it to Biden
The legislation keeps the government open on a short-term basis until March 1, when the first of two funding deadlines will hit. The second will be on March 8.
India goes big at Davos as world’s most populous country tries to woo investors
India’s delegation has a large presence in Davois as the country looks to attract investors while China struggles
