Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.
China’s factory activity expands for the first time since April, official survey shows
China’s official purchasing managers’ index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.
Samsung Electronics’ chip profit shrinks 40% from the previous quarter
The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.
Asia markets mostly slip ahead of Bank of Japan decision, China factory activity figures
The Bank of Japan is expected to hold rates at 0.25%, according to a Reuters poll of economists.
Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta’s AI technology buildout led the company to lift guidance for capex.
‘Silver economy’ boom: China transforms kindergartens into senior care homes as demographic crisis deepens
The falling birth rates and aging population propelled businesses that used to cater to children to shift to serving a different but more abundant set of customers, the elderly.
As Diwali begins, these 4 Indian stocks are set to rise over 30%, analysts say
As the Diwali festive season gets underway, several sectors — and stocks — are expected to do well in India, analysts say.
S&P 500 and Nasdaq suffer their worst day in over a month, led lower by tech: Live updates
Traders reviewed results from Microsoft and Meta Platforms and looked toward the latest jobs report.
Bangkok for the super rich: How the ultra-wealthy travel in Thailand’s capital
The capital of Thailand welcomes millions of visitors each year, but only a select few get to enjoy all the luxury on offer. CNBC’s “First Class” takes you on a Bangkok tour like no other.
Elon Musk ordered to attend $1 million voter lottery suit hearing in Philadelphia court
Tesla CEO Elon Musk and his America PAC are supporting Republican nominee Donald Trump over Democratic nominee Kamala Harris in the presidential election.
