Turkey’s runoff election is paralyzing key oil exports from northern Iraq
The Turkish port of Ceyhan typically ships out exports of Iraq’s northern Kirkuk crude oil.
Solar investment set to overtake oil production and attract over $1 billion a day in 2023, IEA says
The effect of coal, gas and oil on the environment is considerable.
China’s Lenovo shrugs off concerns that global PC market is shrinking
Global personal computer demand continued to slump and revenues fell for a third consecutive quarter but China’s PC maker Lenovo is not worried.
Milk prices in the world’s dairy powerhouse India have spiked 15%
India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for sweets, and a contagious cattle disease.
Singapore’s GDP grew 0.4% year-on-year, beating advanced estimates
Gabriel Lim, trade ministry permanent secretary, said the external demand outlook for the rest of the year had weakened.
Hong Kong stocks fall about 2% to lowest level this year; Bank of Korea holds rates
BOK rates were held at 3.5%, while Hong Kong stocks look to fall further and reach a new 2-month low.
CNBC Daily Open: The U.S. credit rating is in question
Stocks extended their downward slide as the debt limit debacle continues to worry investors.
Nvidia’s jaw-dropping beat and raise sends its share price to a record high
As strong as the results were, the chipmaker’s guidance for its current quarter was even more robust.
Fitch puts United States’ AAA rating on negative watch, citing debt ceiling fight
The nation’s AAA long-term foreign-currency issuer default rating is on negative watch by Fitch, one of the big three ratings agencies.
As debt ceiling talks flounder, Cramer says lawmakers’ actions will cost you
CNBC’s Jim Cramer warned investors on Wednesday that lawmakers will inevitably cost them money as debt ceiling negotiations drag on.
