Fed’s Kashkari raises prospect of zero rate cuts — but Goldman says that would be ‘very surprising’
Jan Hatzius, chief economist at Goldman Sachs, said Friday that he still expects three interest rate cuts from the Federal Reserve this year.
Economist El-Erian says the Fed has turned into a play-by-play commentator
The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic advisor at Allianz, said Friday.
India’s Vistara cuts flights as pilots’ protest over salary revision leads to cancellations, delays
Pilots have called in sick to protest the terms of their new contract that will come into effect following the carrier’s upcoming merger with Air India.
Moscow reports concert terror attack link to Kyiv; Zelenskyy says Ukraine stabilized battle positions
Russian authorities have sought to cement a link between Kyiv and the Crocus City concert hall attack that killed 134 people.
Nvidia plans to build a $200 million AI center in Indonesia amid push into Southeast Asia
Nvidia is planning to build an AI center worth $200 million in Indonesia with a local telecoms giant Indosat Ooredoo Hutchison, an Indonesian minister has said.
CNBC Daily Open: Risk aversion in vogue
Some of the usual safe haven suspects have been suspiciously popular this week.
Gold has broken through the $2,300 level, and one market veteran has a bullish call looking ahead
Juerg Kiener, chief investment officer at Swiss Asia Capital, says his forward curve for gold “looks fantastic.”
How India is challenging China as Asia’s tech powerhouse
In the latest episode of CNBC Tech’s “Beyond the Valley” podcast Tom Chitty and Arjun Kharpal discuss whether India can challenge China as Asia’s tech powerhouse.
China’s Nio to expand battery swap services to gain an edge on EV infrastructure
Battery swapping takes only a few minutes and is expected to better address consumers’ driving range concerns.
Yellen kicks off China meetings with overcapacity concerns, encouraging market-oriented reforms
U.S. Treasury Secretary Janet Yellen arrived in the southern Chinese city of Guangzhou late on Thursday and is set to travel to Beijing on Saturday.
