CNBC Daily Open: Nasdaq record, Tesla future value?
Elon Musk made yet another bold prediction: Tesla, he claimed, could eventually be worth half the value of the S&P 500 — a staggering $25 trillion.
Iceland wants to switch up its tourism tax to protect nature — and fight overtourism
Iceland wants tourists to flock to its picturesque and lunar-like lava landscapes — but not at the expense of its residents or natural environment.
Australia’s Albanese, China’s Li hold ‘candid’ talks
Li’s visit, China’s top-ranked official after Xi, marks a stabilization in relations between the U.S. security ally and the world’s second-biggest economy.
Indian national extradited to U.S. to stand trial in alleged plot to kill Sikh activist in New York
A U.S. District Court spokesman said Nikhil Gupta is scheduled to appear Monday in the lower Manhattan courthouse on federal murder-for-hire charges.
China May retail sales beat expectations, but industrial output and fixed asset investment missed
However, other economic metrics, such as industrial output and fixed asset investment, missed Reuters forecasts.
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Autodesk has been under deep scrutiny over an accounting scandal that led to the resignation of its CFO over potentially inflated financial metrics.
CNBC Daily Open: Nasdaq record, $25 trillion Tesla?
Nasdaq extends winning streak, Microsoft delays AI tracker after backlash and G7 confronts China’s economic clout and Russia aid.
Singapore’s ‘shophouses’ are catching the eye of the rich, with some forking out tens of millions
Shophouses are colonial-era buildings — with some built as early as the 1840s — that are under a government conservation program.
Malaysia is emerging as a data center powerhouse amid booming demand from AI
According to DC Byte’s 2024 Global Data Centre Index, the city of Johor Bahru is the fastest growing data center market in Southeast Asia.
Hong Kong stocks reverse losses as investors assess key China data; Nikkei tumbles almost 2%
The People’s Bank of China held its medium term lending facility rate unchanged at 2.5% on 182 billion yuan, as expected
