10-year Treasury yield climbs to 4.57% as jumping oil prices reignite inflation fears
Treasury yields surged after President Donald Trump told the NATO summit that the ceasefire with Iran is over.
Singapore’s Temasek boosts China exposure by $7.7 billion, biggest rise in five years, in AI-driven pivot
Temasek is repositioning its China portfolio toward AI-related hardware and infrastructure, robotics, biotech, energy transition.
SambaNova hits $11 billion valuation as investors back Nvidia chip challengers
SambaNova is valued at $11 billion after fresh financing led by General Atlantic, as AI chip startups look to challenge Nvidia.
Trump pours cold water on NATO allies’ united front
Trump criticized NATO allies over defense spending, attacked Spain and renewed his Greenland push during the alliance’s summit in Turkey.
China warns about AI risks with Anthropic’s Claude Code
China said specific versions of Claude Code posed back-door vulnerabilities that could send sensitive information to a remote server.
This former Apple executive is betting on Shenzhen, not Silicon Valley, to create the ‘next Apple’
Startups building consumer electronics will have a better shot at becoming the next Apple in Shenzhen than in Silicon Valley, said Will Wang, CEO of China’s smart-glasses startup.
Samsung-backed AI chip firm Rebellions targets IPO in South Korea next year, CEO tells CNBC
Sunghyun Park, CEO of Rebellions, told CNBC that the company is leaning toward a listing on the KOSPI over the KOSDAQ.
Singapore’s Temasek hits record portfolio value, eyes more investment in AI, infrastructure and private credit
Over the course of its financial year, Temasek recorded a gain of S$49 billion and a 10.5% total shareholder return.
Halo stocks are benefiting from the AI boom, Goldman Sachs says. Here are the European firms they’re backing
“This is a global shift,” the investment bank’s researchers said.
CNBC Daily Open: Dispatch from NATO, U.S. strikes Iran and Le Pen is back
Tensions between the U.S. and its allies heat up at the NATO Summit, while a fresh wave of stikes threatens the ceasefire in Iran.
