Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation
Russia’s central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.
China schedules meeting expected to reveal fiscal stimulus details
Investors have been awaiting the gathering of the standing committee of the National People’s Congress, watchful for details on any fiscal stimulus.
Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up
Apple returned to the top five ranking of China’s smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.
South and North Korea troops potentially entering Ukraine war unlikely to stoke regional conflict, analysts say
The U.S. has confirmed that North Korean troops have been sent to Russia, with Ukraine President Zelenskyy pegging the North Korean troop count at 12,000.
CNBC Daily Open: In this time of uncertainty, markets seem to rely on logic
The fact that we can draw a line, however fuzzy, connecting cause to effect suggests investors are scrutinizing earnings and news in a period of uncertainty.
European stocks lower; Mercedes, Remy Cointreau down as earnings disappoint
European stock markets were lower Friday, rounding off a largely negative week for global stocks.
Inflation undershoots to jumbo cuts: What 10 European Central Bank members said this week
A slew of Governing Council members spoke to CNBC at the International Monetary Fund’s annual meeting in Washington, D.C. this week.
Georgia’s election forces voters to choose between a future with Russia or Europe
Georgia — like other former Soviet republics — has found itself between Russia and the West, with competing forces pulling it in either direction.
As the West watches Xi-Putin meetings, China touts crackdown on military goods to Russia
Beijing has walked a diplomatic tightrope throughout the Russia-Ukraine war.
World Bank rolls out new strategy to boost economic opportunities for women
The World Bank unveiled a new gender strategy Thursday to boost women’s economic opportunities through social protection, broadband, and capital access.
