Oil group OPEC and its allies delay policy-setting meeting by four days
A meeting of the influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, has been rescheduled.
Mortgage demand jumps to six week high as interest rates continue to drop
Mortgage demand is getting a boost from slightly lower interest rates, but the housing market is still extremely slow.
UK’s Jeremy Hunt delivers major tax cut as growth forecast is downgraded
U.K. Finance Minister Jeremy Hunt delivers his Autumn Statement on Wednesday.
CNBC Daily Open: Nvidia tripled its revenue. Investors weren’t impressed
Minutes of the Federal Reserve’s meeting put the brakes on stocks’ rally. And Nvidia’s third-quarter earnings might not be enough to restart the momentum.
A growing number of tech execs think AI is giving Big Tech ‘inordinate’ power
ChatGPT marked the start of what many in the industry have called an AI arms race, as tech giants have sought to launch AI models.
OpenAI brings Sam Altman back as CEO less than a week after he was fired by board
Less than a week after he was fired as CEO by the OpenAI board, Sam Altman is back running the artificial intelligence startup.
Singapore’s Temasek warns that fake agents in China are trying to sell scam investments
The Singapore state investor has three offices in mainland China in Beijing, Shanghai and Shenzhen.
Singapore expects economy to grow 1% to 3% next year, narrows 2023 outlook
The country’s gross domestic product grew 1.1% in the third quarter, beating market expectations.
Goldman Sachs expects China stocks to make first annual gain in 4 years in 2024
Chinese stocks may have their first yearly gain in four years in 2024, helped by more accommodative policy that should cushion the drag from the property deleveraging.
As the hype around ‘solid-state’ EV batteries grows, UBS reveals the global stocks to cash in
Solid-state EV batteries unveiled so far offer about double the capacity of the longest-range Tesla vehicles.
