Hong Kong’s new dual counter scheme ‘solidifies’ city’s role as yuan trading hub, HKEX CEO says
Investors in Hong Kong will soon be able to trade selected Hong Kong stocks in both the Hong Kong dollar and Chinese yuan in the so-called dual counter scheme.
Singapore is not looking to regulate A.I. just yet, says the city-state’s authority
The Singapore government is making efforts to promote the responsible use of AI.
Wyndham Clark wins the U.S. Open for his first major title
Wyndham Clark wins the U.S. Open for his first major title, closing with an even-par 70 to beat Rory McIlroy by one shot.
Goldman joins Wall Street banks in cutting China’s growth outlook as post-Covid bounce fades
Goldman Sachs sees further turbulence ahead for the Chinese economy as the recovery from its stringent Covid measures continue to disappoint.
Water wars: Afghanistan and Iran’s deadly border flare-up spotlights scarcity crisis
Grappling with sanctions and severely weakened economies, both countries are already under significant pressure.
Asia markets mostly fall as Japan hovers near 33-year highs
Asia-Pacific markets largely fell on Monday, with Japan’s markets still hovering near 33-year highs.
Alibaba and more: Morgan Stanley names 5 global stocks with at least 50% upside
The Wall Street bank is bullish as the broad MSCI Asia Pacific equities index has entered a new bull market, rising 25% from last October’s low.
Global stocks are soaring. Analysts love these names — giving one over 80% upside
Some analysts expect international markets to do better than the U.S. this year. CNBC Pro screens major indexes for global names with big upside.
France makes high-profile push to be the A.I. hub of Europe setting up challenge to U.S., China
France is making a major push to position itself as Europe’s hub for artificial intelligence, throwing its weight behind the fast-growing and much-hyped technology.
CNBC Daily Open: The FOMO momentum
Major U.S. indexes closed lower Friday. Despite that, indexes hit major market milestones last week, a testament to the rally’s current strength.
