CNBC Daily Open: TACO truce and a Pacific warning
An extended ceasefire bring optimism back to markets, but the disruption to the Strait of Hormuz has revealed energy fault lines.
CNBC’s UK Exchange newsletter: UK defense spending — or lack thereof — haunts Starmer’s government
U.K. defense spending has fallen for years but concerns are growing over the threat posed to the country in increasingly uncertain times.
UK inflation jumps to 3.3% in March as fuel prices surge amid Iran war
Fuel prices saw their largest increase for over three years, the ONS’ chief economist said.
European stocks fall as Germany halves growth forecast, citing Iran war
European stocks closed lower on Wednesday as traders assessed the Iran ceasefire extension, economic updates and a flurry of corporate earnings.
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.
