Defense shares rally after UK government shake-up — analysts name the stocks to watch
John Healey, who recently resigned as defense secretary over concerns about lack of security funding, was named U.K. finance minister on Monday.
Trump’s push for American-made AI chips hits TSMC’s margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
Trump vows to bomb Iran’s bridges, power plants if it shoots at ships in Hormuz Strait
He issued his threat after U.S. Central Command hit Iranian targets for an 11th straight night.
Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.
Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push
The latest tariff salvo underscored Trump’s goal of reshoring low-cost drug production, but displacing established suppliers like India won’t be easy.
CNBC Daily Open: AI race, potential tariffs and Middle East conflict continue to heat up
The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over “theft,” while OpenAI ramps up IPO efforts.
Japan exports and imports in June grow at fastest pace since November 2022, beating estimates
Exports climbed 19.3%, while imports spiked 25.4% compared to June last year.
Sony’s ‘ironic’ PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
