Spain’s conservative PP elbows Socialists out in regional elections
Spain’s ruling Socialists will retain dominance by narrow margins in just three of the country’s 12 regions holding elections.
Japan puts missile defense on alert as North Korea warns of satellite launch
Analysts say North Korea’s satellite is part of a surveillance technology program meant to improve its ability to strike targets in the event of war.
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
Consumer brands such as Starbucks face a Chinese market recovering slowly from the pandemic and filled with local competitors, Morgan Stanley analysts said.
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
Housing markets are undergoing a fundamental shift because of higher mortgage rates and as global central banks keep up the inflation fight by hiking interest rates. Against this backdrop, some — including a ‘Big Short’ investor — fear the real estate …
The biggest money mistakes that could change your future — and how to get ahead of them right now
Financial experts share their tips on how to reverse and prevent money mistakes — both big and small.
Turkey’s lira sinks to fresh record low after Erdogan re-election
Turkey’s monetary policy places an emphasis on the pursuit of growth and export competition rather than taming inflation.
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
Stronger-than-expected U.S. jobs figures and GDP data have highlighted a key risk to the Federal Reserve potentially taking its foot off the monetary brake.
Singapore’s Temasek cuts compensation for staff responsible for FTX investment
The move comes around six months after Temasek initiated an internal review of its investment in FTX, which resulted in a writedown of $275 million.
TSMC or Samsung? One chipmaker is the better play on A.I., geopolitics and earnings, analyst says
TSMC’s earnings are concentrated in semiconductor manufacturing sector, but does Samsung’s diversified electronics business model make it more resilient?
How much of A.I. is just hype? A bull and a bear share their tips on how to invest
Artificial intelligence has taken the investing world by storm. Is it here to stay or just hype? Strategists tell CNBC how investors can navigate the dilemma.
