Bank of Japan is expected to trim bond buying by $100 billion in first year, Reuters survey shows
The central bank is expected to trim bond purchases by roughly $100 billion in the first year of a quantitative tightening plan, according to a Reuters survey.
Uncover Essex’s hidden gems with Wow Hydrate’s Queenie Porter
Just outside London’s borders lies an English county filled with city amenities and laidback village vibes. Wow Hydrate’s Queenie Porter reveals her favorite places to spend her downtime in Essex.
CNBC Daily Open: ‘Roaring Kitty’ gets chewed up
Wall Street posted modest gains led by Microsoft and Nvidia, with the Dow up 0.13%, the S&P 500 up 0.23%, and the Nasdaq up 0.8%.
Enough is enough: Japanese airlines clamp down on abusive travelers
Amid rising uncivility, Japan Airlines and All Nippon Airways outline the behaviors that constitute “customer harassment” of their staff members.
Chinese EV companies Zeekr and Nio report record deliveries in June
Chinese electric car company Zeekr delivered the most cars in the first half of the year among U.S.-listed Chinese companies only selling pure electric cars.
China’s young people are ‘revenge saving’ even as Gen Zers around the world are piling up debt
Rather than splurging on impulsive purchases, China’s young are saving ferociously as the world’s second-largest economy remains in the doldrums.
Asia-Pacific markets fall as Nasdaq reaches new highs; South Korea inflation in focus
South Korea’s core inflation numbers came in at 2.4% for June, missing expectations by economists polled by Reuters who predicted a core inflation rate of 2.7%.
These stocks have logged second-half gains every year for a decade — including an AI chip firm
An AI chip firm is among the stocks that have risen in the second half every year over the past decade.
Morgan Stanley expects 8 million humanoids to exist by 2040, names stocks to play the AI theme
The bank is bullish on the potential of humanoid robots, forecasting a population of 8 million by 2040 and 63 million by 2050.
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
Revolut’s CEO Nikolay Storonsky said he is optimistic about the fintech firm’s chances of being granted a U.K. banking license.
