CNBC Daily Open: U.S. markets rise on tech rebound, while ‘Takaichi trade’ lifts Japanese stocks
U.S. markets closed higher overnight as Big Tech stocks mostly rebounded, with Oracle jumping 9.6% and Microsoft advancing 3.1%.
Philips shares surge 12% amid ‘clear step up in sales’; European stocks close down
European stocks ended lower on Tuesday amid a flurry of corporate earnings releases.
BP suspends share buyback plan in fresh sign of oil price pressure
BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.
Gold drops as investors brace for US jobs and inflation numbers
Gold fell on Tuesday as investors stayed cautious ahead of U.S. jobs and inflation data that would indicate the Federal Reserve’s interest rate trajectory.
‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
The diplomatic tensions came after pro-democracy tycoon Jimmy Lai was sentenced to 20 years in one of the city’s most prominent prosecutions.
How leading through discomfort prepared Philips CEO Roy Jakobs for his toughest calls
Roy Jakobs reflects on the early experiences that shaped his leadership—from post‑war lessons in forgiveness to the resilience built through childhood asthma. In “Executive Decisions with Steve Sedgwick,” the Philips CEO explains why compassion must si…
How leading through discomfort prepared Philips CEO Roy Jakobs for his toughest calls
Roy Jakobs reflects on the early experiences that shaped his leadership—from post‑war lessons in forgiveness to the resilience built through childhood asthma. In “Executive Decisions with Steve Sedgwick,” the Philips CEO explains why compassion must si…
Oil prices steady as traders monitor Iran tensions, U.S. economic data
Oil prices eased slightly on Tuesday after U.S. guidance for vessels transiting the Strait of Hormuz kept attention on tensions between Washington and Tehran.
Dollar trades lower against peers after weak data; yen continues winning streak
The dollar nursed losses on Tuesday ahead of monthly economic data, while the yen held on to its gains after Prime Minister Sanae Takaichi’s election victory.
‘Impossible’: Taiwan pushes back against Washington’s 40% chip supply relocation goal
Taiwan has told Washington that its proposal to move 40% of Taiwan’s semiconductor supply chain is “impossible,” according to Vice Premier Cheng Li-chiun.
