JPMorgan thinks Kospi’s torrid AI rally could have another 25% or more to run
JPMorgan sees South Korea’s Kospi index climbing another 25%, on top of an incredible rally of more than 80% already this year.
CNBC Daily Open: Political pressure cooker week
Markets eye three high-stakes political stories this week, with the U.S., Iran, China and the U.K. front and center.
European markets mixed as Iran’s peace talks stall, defense stocks slide
European stocks were largely mixed in Monday trade as investors digest the latest in U.S.-Iran peace negotiations.
Singapore flags weaker tourism spending as global travel industry faces uncertainty
Singapore expects tourism spending to ease from last year’s record, even as visitor arrivals continue to rise.
Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases
Modi appealed to Indians to cut fuel use, overseas travel and gold purchases as the Middle East conflict exposes India’s heavy reliance on imported energy.
Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict
Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China’s appetite to act as a pressure mechanism remains unclear.
Do you need a chief AI officer? Here’s how the tech is changing boardrooms
AI may now be coming for the C-suite, according to a report published Monday by IBM, which found that most companies were now staffing chief AI officer roles.
China inflation beat estimates in April as Iran war drives producer prices to three-year highs
China has cushioned the worst of the energy shock through its strategic oil stockpiles and a diversified mix of renewable energy sources.
CNBC Daily Open: Iran proposes, Trump opposes, Xi watches
The focus from the Iran war will likely take center stage during the talks, which could leave less scope to resolve issues like tariffs and rare earth supplies.
From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
The world will be watching the Trump-Xi summit.
