China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
Beijing has announced sanctions against Boeing and two other defense companies for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration.
CNBC Daily Open: Dow at record high, Iran’s president dies in helicopter crash
Jan Leike, a part of OpenAI’s safety leadership team announced his departure, saying “safety culture and processes have taken a backseat to shiny products.”
Musk launches SpaceX’s Starlink internet services in Indonesia, says more investments could come
Musk said that he was “very excited” to bring internet services to areas with limited or no connectivity.
Saudi king to be treated for lung inflammation, state news agency says
Citing the royal court, the state news agency said the 88-year-old king would be treated with antibiotics until the inflammation subsides.
This 35-year-old turned a local Indonesian coffee stall into a unicorn startup — today it brings in $100 million a year
Edward Tirtanata, 35, is the co-founder of Indonesian coffee chain Kopi Kenangan. Today, the company has more than 800 locations across Southeast Asia.
Taiwan’s new President Lai Ching-te has been sworn in
Taiwan’s new president Lai Ching-te was sworn into office on Monday, after serving as Tsai Ing-wen’s vice president for the last four years. All eyes are on his inaugural speech. CNBC’s Emily Tan reports from Taipei.
Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company
Didi Global Inc’s co-founder Jean Liu has stepped down from her roles as president and board director, according to an internal company memo.
CNBC Daily Open: Dow at record close, GameStop shares crash
Jan Leike, a part of OpenAI’s safety leadership team announced his departure, saying “safety culture and processes have taken a backseat to shiny products.”
China market leads gains in Asia as it extends 8-month highs after holding key lending rates steady
China held its one- and five-year loan prime rate unchanged at 3.45% and 3.95%, respectively, after it laid out measures on Friday to boost its property market.
Hedge fund manager known for M&A picks reveals a new takeover target
The fund manager’s stock pick — which has already risen by 100% over the past six months — is seen soaring another 50% over the next 12 to 18 months.
