Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
A combination of geopolitical tensions and continued central bank buying should see gold demand remain resilient next year, according to the World Gold Council.
Putin says he will run for re-election in March; U.S. aid hangs in balance after failed vote
The fate of crucial military support from Ukraine’s biggest funder is in limbo.
CNBC Daily Open: AI to the rescue
Wall Street resumed its rally as technology giants intensified their AI race, boosting tech stocks.
‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
The report identified Shell, Exxon Mobil, Glencore and Kraft Heinz as among the firms that saw profits “far outpace” inflation.
India keeps key rate unchanged on strong growth, inflation risks
The six-member monetary policy committee, kept the repo rate unchanged at 6.50% in line with the unanimous consensus in a Reuters poll.
In a first for Singapore, livestreaming app 17LIVE goes public via SPAC merger
Shares of Asian livestreaming app 17LIVE began trading on Friday following merger with Singapore’s first SPAC, Vertex Technology Acquisition Corporation.
Australia energy giants Woodside and Santos in talks to create $52 billion gas powerhouse
Santos and Woodside Energy have opened talks to discuss a potential merger in what could create a $52 billion oil and gas behemoth.
Japan’s third-quarter GDP falls faster than first estimates as consumption sags
Japan’s economy fell faster than first estimated in the third quarter, consumer and business spending shrank, driving down third-quarter gross domestic product.
Buying property in Asia? Real estate specialists give their investment tips
It’s a good time for homeowners in Hong Kong to buy now, but investors hunting for yield might want to think twice, says Peter Churchouse of Portwood Capital.
These global stocks may be overbought, but analysts still like them — giving one nearly 40% upside
CNBC Pro screened three indexes for stocks that are among the most overbought. They were also screened to include analyst buy ratings of more than 50%.
