India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company
India’s imports of Russian crude is a win-win for the global economy, said Oil and Natural Gas Corporation Ltd (ONGC), India’s No. 1 oil company.
Economists cut Singapore 2023 growth and inflation forecasts, survey shows
The median forecast of 22 economists surveyed by the Monetary Authority of Singapore is for Singapore’s economy to grow 1.0% this year, down from the 1.4% in June’s survey.
Tesla rival Polestar plans own smartphone launch alongside its first electric SUV in China
The move underscores the way in which electric vehicle makers launching in China like Polestar are putting technology at the heart of their offering.
North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs
North Korea-linked hackers have stolen hundreds of millions of crypto to fund the regime’s nuclear weapons programs, research shows.
Myanmar won’t be allowed to lead Association of Southeast Asian Nations in 2026, in blow to generals
An official ASEAN statement issued Tuesday night confirmed the decision to hand the chair to the Philippines in 2026.
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
Savita Subramanian, BofA’s head of equity and quantitative strategy, sees a bullish signal in the bond move.
RBC just raised its bet on this ‘recession resistant’ Canadian stock, giving it 20% upside
RBC’s “Focus List” stock picks have returned 11.3% in annual growth over the past five years, outperforming its benchmark.
Here are the most overbought and oversold major global stocks, including tech and banking names
Oversold stocks may present a buying opportunity, while overbought stocks could be due for a pullback. Stocks on the screen span tech, banking and health care.
HSBC names 6 ‘good value’ Chinese tech stocks to buy — and gives one over 50% upside
These Chinese internet stocks offer “opportunities with good value,” according to HSBC.
CNBC Daily Open: Rising oil prices reignite inflation fears
With Saudi Arabia and Russia’s oil production cuts, there’s a danger that the previous months of low inflation might be an outlier.
