Outgoing UK PM Rishi Sunak quits as Conservative Party leader after crushing election defeat
Outgoing UK Prime Minister Rishi Sunak will step down as leader of the Conservative Party after the Labour Party secured a landslide victory in the election.
Germany seals 2025 budget plan after weeks of tense negotiations
German government leaders have agreed on an outline of the country’s 2025 budget after intense negotiations, coalition leaders announced.
Goldman Sachs upgrades UK growth forecast after huge Labour election win
Goldman Sachs upgraded its growth forecast for the U.K. after the Labour Party’s landslide victory in the country’s general election.
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears
Cryptocurrencies plunged on Friday as investors get anxious about the planned payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.
Wall Street banks name 10 UK stocks to benefit from Labour landslide win
Citi, RBC, UBS, Jefferies and Investec name housebuilders and FTSE indexes as picks.
Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants.
Japan’s stock markets keep testing new highs. Is the rally sustainable?
What lies ahead for the Japanese equity markets, now that they’ve scaled to new highs again?
Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
As Labour takes power in the U.K., experts weigh in on whether the change in government will impact stocks, bonds, the British pound and property markets.
CNBC Daily Open: UK Labour landslide election victory
The center-left Labour Party has won a landslide victory, ending 14 years of Conservative rule.
Philippines to ‘respond appropriately’ to Chinese ‘harassment’ in South China Sea, military chief says
Filipino troops will ‘respond appropriately’ against future harassment from Chinese coast guards at the disrupted Second Thomas Shoal,
