Draghi urges radical European Union reform requiring extra 800 billion euros a year
The report lays out major challenges that the EU must address through a new industrial strategy, which would include reducing enegy prices.
European markets start the week on a positive note
European stocks were higher on Monday, shrugging off more negative sentiment on Wall Street and in Asia-Pacific markets.
CNBC Daily Open: Markets don’t always reflect the state of the economy
Last week’s market moves seem driven by sentiment. While that can tell us something our brain doesn’t know, it can also mislead.
China’s property market has ‘not found a bottom’ yet, Standard Chartered CEO Bill Winters says
Winters described the investing environment in China as “difficult,” explaining consumer confidence and international investor confidence was relatively low.
Carry trade unwind could replicate August mayhem, suggests currency strategist, as yen strengthens
Unwinding of the yen carry trade is expected to continue in September, presenting risk of another large sell-off, according to BK’s Kathy Lien.
This 29-year-old millionaire doesn’t own a home — here’s how he spends and invests his money instead
Timothy Armoo is not what you might expect from a multi-millionaire.
CNBC Daily Open: Why markets aren’t always a good barometer for the economy
Last week’s market moves seem driven by sentiment. While that can tell us something our brain doesn’t know, it can also mislead.
K-pop is more popular than ever, but that isn’t helping agency stock prices
K-pop is seeing increasing popularity, with records being shattered on streaming services and concert crowds, but this is not reflected in the sector’s share prices
China Renaissance shares plunge after 17-month suspension, former chairman’s detention
Shares of China Renaissance fell as much as 72% to a record low when they resumed trading after its suspension during a probe involving its then-chairman and CEO.
Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone, according to its website Monday.
