Tourism price wars threaten to dim a rare bright spot in China’s consumer spending
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
U.S. Treasury yields fall as oil prices plunge on Iran de-escalation hopes
Yields are falling as oil prices pull back.
This Japanese memory maker fell 40% in July — analysts see a buying opportunity
This Japanese memory maker fell 40% in July, but some analysts still see a buying opportunity.
AstraZeneca slides after reports of Bristol Myers merger talks leave analysts ‘perplexed’
The companies have discussed a potential merger over several months, reports say.
CNBC Daily Open: Back to the negotiating table
Trump said negotiations with Iran will begin Monday after he held off on new strikes, raising hopes for a diplomatic end to the conflict.
‘Winter is coming’: Ukraine fears its toughest test since Russia’s full-scale invasion
Russian forces have ramped up the number of missile strikes on Ukrainian cities, likely seeking to exploit Kyiv’s shortage of ballistic missile interceptors.
Trump insists Iran talks are underway despite Tehran’s ‘duplicitous’ denials
Trump on Truth Social accused Iran’s leaders of lying about peace talks, which he said are underway “whether Iran wants to admit it or not.”
CNBC Daily Open: Markets exhale as Trump steps back, OPEC+ steps up
Trump’s canceled strike on Iran and an OPEC+ output hike drained the war premium from oil over the weekend, sending crude lower and stock futures higher.
U.S., Japan confirm coordinated yen intervention, signal readiness for more
Japan’s finance ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.
Oil prices tumble after Trump calls off attack on Iran
Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
