U.S. chip export ban is ‘great news,’ says partner at Chinese tech investment fund
The U.S. Department of Commerce will prevent the sale of some advanced AI chips to China, a move welcomed by a partner at a Chinese investment fund.
Why the world needs Morocco’s desert rock
Morocco has the largest phosphate reserves in the world – making it one of the most important countries for food supply. CNBC visited a phosphate mine close to Marrakesh to understand the importance of this commodity.
Say goodbye to retirement? A ‘soft saving’ trend is emerging among young people
Generation Z is leading the “soft saving” trend, a new financial approach that prioritizes personal growth and mental wellness over aggressive saving goals.
India is a ‘slow trundling elephant’ but a viable alternative to China, says veteran investor David Roche
Veteran Investor David Roche said India has been aligning itself with the “democratic alliances” of the “richest and most vibrant economies” in the world.
Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations
Apple supplier Foxconn said that it will collaborate with Chinese authorities on tax and land use investigations.
Saving for your child’s college education? Here’s how to invest for the next 10 years, according to the pros
In 10 years, tuition fees in the U.S. could soar to over $300,000, thanks to inflation — around twice the cost right now, according to estimates from experts.
This Big Tech stock could be a hedge against a recession in 2024, UBS says
The investment bank says the tech giant has “full geographic coverage across all industry verticals,” making it less susceptible to downturns in any one sector.
Hong Kong’s leader will deliver his policy address this week. Here’s what to expect
Hong Kong residents have been grappling with high real estate prices, a slowing economy and falling birth rates.
Asia markets extends sell-off, China CSI 300 sinks to lowest since February 2019
Inflation readings from Australia and Japan are due this week, as well as GDP figures from South Korea
CNBC Daily Open: Investors can’t shake off the feeling of uncertainty
Rising Treasury yields, looming rate hikes to fight inflation and heightening conflict in the Middle East drove investors away from risky assets last week.
