‘Hidden gems’: UBS names 5 global small-cap stocks — giving one 77% upside
The investment bank says its stock picks offer an “excitement of discovery and the potential for substantial growth.”
Alibaba bets on overseas e-commerce unit amid sluggish growth in China
One bright spot in Alibaba’s quarterly earnings was its international e-commerce arm which posted revenue of 28.5 billion Chinese yuan, up 44% from a year ago.
Asia markets mixed as investors assess China’s 5-year loan rate cut
Asia stocks traded mixed as markets parsed China’s decision to cut key 5-year loan prime rate.
Traveling teachers work with families who travel the world — here’s what it pays
Traveling teachers accompany families on extended trips abroad, teaching the kids in half-day sessions while earning up to $10,000 a month.
Sony to release a ‘Pro’ version of the PlayStation 5 this year after cutting outlook, analysts say
Analysts told CNBC they expect Sony to launch the PlayStation 5 Pro this year which would offer new hardware for the release of Grand Theft Auto VI in 2025.
TikTok faces European Union scrutiny for possible breaches of strict new digital rulebook
The European Commission said it has “opened formal proceedings to assess” whether TikTok has breached the Digital Services Act.
Biden administration is leaning toward supplying Ukraine with long-range missiles
If Republicans continue to block U.S. military aid to Ukraine, the White House could turn to an ally to provide Kyiv with ATACM missiles capable of striking Russian-held Crimea.
‘China has a lot more to lose’: U.S. considering sanctioning Chinese firms aiding Russia’s war
The U.S. is considering slapping sanctions on Chinese companies it believes are helping Russia fuel its war in Ukraine, members of Congress told CNBC.
Xpeng plans to hire 4,000 people, invest in AI as CEO warns intense EV rivalry may end in ‘bloodbath’
Xpeng plans to hire 4,000 new people and invest 3.5 billion Chinese yuan ($486.2 million) in artificial intelligence technology, according to the company’s CEO.
Houthis claim ‘catastrophic’ attack in Red Sea that prompted crew to abandon ship
The Iran-backed Houthi group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel.
