Asia markets extend declines as U.S. jobs data triggers sell-off on Wall Street
Wall Street sold off on stronger-than-expected U.S. jobs data, leaving room for more rate hikes ahead by the Federal Reserve.
Levi’s CEO calls Asia a ‘bright spot’ this quarter and is optimistic about business in China
Levi’s CEO Chip Bergh told CNBC’s Jim Cramer on Thursday that the company’s business is back in China as consumers return post Covid lockdowns.
CNBC Daily Open: Jobs, jobs and more jobs
The expectation-shattering ADP jobs report was all traders could think about yesterday. It reaffirmed that higher rates are all but certain.
Stocks tumble on Friday, notching weekly losses, as traders’ rate hike fears return: Live updates
All three major averages finished lower for the week, with the Dow wrapping its worst weekly performance since March.
Why Japan is lagging behind in generative A.I. — and how it can create its own large language models
While the U.S., China and Europe have announced large-scale generative AI projects, Japan is trailing behind.
Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says
Southeast Asia’s initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.
Harvard psychologist shares 9 toxic phrases ‘gaslighters’ always use—and how to respond
It can be hard to tell when you’re being manipulated into questioning your own feelings. Harvard psychologist Dr. Cortney Warren shares the toxic phrases people use when they’re gaslighting you — and how to respond.
Payrolls report Friday likely to show a jobs market that is still hot
The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.
Twitter accuses Meta of stealing trade secrets for its new Threads app
Elon Musk’s attorney, Alex Spiro, wrote a letter to Meta on Thursday accusing the company of “willful” misappropriation of trade secrets.
OceanGate suspends all exploration and commercial operations after Titan implosion
The sub lost contact with its home ship on June 18 off Newfoundland about an hour and 45 minutes into its descent to the Titanic wreckage site. All five people on board were killed.
