Singapore pledges to support households and companies as costs rise; expects budget surplus in 2024
The government will provide more vouchers and cash handouts to Singaporean households, as well as rebates for utility bills. Companies will also get corporate tax rebates.
European stocks close higher; UK retail sales outperform; NatWest up 7% after profit beat
European stocks closed higher on Friday, rounding off a solid week.
CNBC Daily Open: Concerns over sluggish U.S. consumer spending
Americans tightened their spending at the start of this year after the usual holiday season splurge.
NatWest profit jumps 20% as Thwaite confirmed as CEO
The taxpayer-backed lender reported pre-tax profit of 6.2 billion pounds ($7.81 billion) for the 12-month period, up 20% year-on-year.
Dow slides more than 100 points Friday, major averages end 5-week winning run: Live updates
Another hotter-than-anticipated inflation report sent the major stock indexes down on Friday.
Egypt setting up area at Gaza border which could be used to shelter Palestinians, Reuters reports
Egypt is preparing an area at the Gaza border which could accommodate Palestinians in case an Israeli offensive into Rafah prompts an exodus, four sources said.
Malaysia’s economy finishes 2023 on softer footing amid weak global demand
Malaysia’s economy grew slower than expected annually, and in the fourth quarter of 2023, as exports remained subdued, the central bank said on Friday
The Eastern & Oriental luxury train restarted this week — here’s what a trip costs
Belmond’s Eastern & Oriental Express is back on the tracks after a near four-year hiatus. The train, one of the best in Southeast Asia, has a new look and new routes.
MrBeast brings in $700 million a year but says he’s not rich: ‘I’ve reinvested everything to the point of stupidity’
The YouTuber can charge brands up to $3 million for a shout-out in a video.
CNBC Daily Open: Weak U.S consumer spending spells caution
Americans tightened their spending at the start of this year after the usual holiday season splurge.
