What the market is saying about the U.S. intervention to prop up the yen
Following the joint involvement the yen now sits at 157 to the dollar, down from just above 163, which represented its lowest level in four decades.
Anthropic, OpenAI among firms facing new scrutiny under EU AI Act enforcement powers
The European Commission can demand to inspect AI models, restrict market access and fine providers up to 15 million euros or 3% of turnover.
Alibaba shares rally after unveiling its ‘most powerful’ AI model as U.S.-China competition heats up
Alibaba unveiled its latest and ‘most powerful’ AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.
Tourism price wars threaten to dim a rare bright spot in China’s consumer spending
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
U.S. Treasury yields fall as oil prices plunge on Iran de-escalation hopes
Yields are falling as oil prices pull back.
This Japanese memory maker fell 40% in July — analysts see a buying opportunity
This Japanese memory maker fell 40% in July, but some analysts still see a buying opportunity.
AstraZeneca slides after reports of Bristol Myers merger talks leave analysts ‘perplexed’
The companies have discussed a potential merger over several months, reports say.
CNBC Daily Open: Back to the negotiating table
Trump said negotiations with Iran will begin Monday after he held off on new strikes, raising hopes for a diplomatic end to the conflict.
‘Winter is coming’: Ukraine fears its toughest test since Russia’s full-scale invasion
Russian forces have ramped up the number of missile strikes on Ukrainian cities, likely seeking to exploit Kyiv’s shortage of ballistic missile interceptors.
Trump insists Iran talks are underway despite Tehran’s ‘duplicitous’ denials
Trump on Truth Social accused Iran’s leaders of lying about peace talks, which he said are underway “whether Iran wants to admit it or not.”
