Trump says Iran’s economy is collapsing. A former central bank adviser in Tehran pushes back
Iran’s economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran’s central bank told CNBC.
Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources
Somali piracy incidents have resurged in the Red Sea region in recent times, especially since the U.S.-Iran war kicked off-major concern for shipping companies.
Hong Kong’s IPO boom extends beyond tech, HKEX CEO says, as fundraising tops $40 billion
Chan said firms from sectors like biotechnology, mining, and consumer companies are also in the pipeline.
Singapore’s Temasek is on a hot streak in India as three bets surge after IPOs
Three of Singapore state investor Temasek’s portfolio companies in India have jumped more than 30% in listings this week after contrarian bets in the country.
CNBC Daily Open: Trump bemoans ‘ridiculous rates’
President Donald Trump is raging against rates, vowing economic warfare on Iran and lending support to crypto regulation in a busy environment for investors.
Bitcoin, ether surge as Trump urges Congress to pass crypto Clarity Act
Bitcoin and ether surged after U.S. President Donald Trump urged Congress to pass a bill that would set a regulatory framework for the cryptocurrency sector.
SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback
Shares of SK Hynix surged over 12% in Seoul after the company announced a massive stock buyback.
Hyundai’s new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand’s lineup to seven vehicles in the U.S.
China is defying the global bond yield surge, boosting its diversification appeal
Chinese government bond yields have remained low amid a global surge.
CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion
On Wednesday, the Treasury Department’s decision to double its purchases of longer-dated bonds sent yields lower and gave stocks some breathing room.
