CEO with over $3 trillion under management tells Gen-Z to think past ‘hobby investing’
The comments come against a backdrop of deepening disillusionment among younger investors and rising mistrust in wealth management institutions.
Hormuz is just a ‘dry run’ if China and U.S. go to war in the Pacific, Singapore foreign minister warns
Balakrishnan was discussing the complexities of the U.S.- China relationship from Singapore’s perspective with CNBC’s Steve Sedgwick at the CONVERGE LIVE event.
CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
Markets are rising on Iran-U.S. talks, but there remains massive disagreements over the Strait of Hormuz.
Brent oil rises above $100 after Iran seizes container ships, U.S. maintains naval blockade
Oil prices rose Wednesday after Iran’s Revolutionary Guard said it seized two container ships as they tried to cross the Strait of Hormuz.
Japan’s exports expand 11.7% in March on brisk demand, higher prices
Japan recorded a trade surplus of 667 billion yen ($4.18 billion) in March, compared with the forecast of a surplus of 1.1 trillion yen.
Japan’s Nikkei 225 rises to record high in mixed Asia trading as Trump extends Iran ceasefire
Asia markets traded broadly lower, amid deepening uncertainty over the Middle East conflict, even as Trump extended a temporary ceasefire.
How Standard Chartered rebuilt after crisis: CEO Bill Winters on leading the turnaround
Standard Chartered CEO Bill Winters reflects on leading the bank through one of its most challenging periods — and how he is positioning it for the future of finance across Asia and beyond.
Amazon launches GLP-1 weight loss program, promising ‘fast, convenient’ access
Through Amazon Pharmacy, patients will be able to access medications including Novo Nordisk’s Wegovy as well as newer oral GLP-1 options.
A timeline of how the Iran war shook oil prices — and what comes next
Oil markets have whipsawed since the start of the Iran war, with supply risks around the Strait of Hormuz driving extreme price swings and historic volatility.
Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each
Citi wrote that global crude inventories are set to reach their lowest levels in eight years by the end of June, even if the conflict were to end this week.
