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Financial News Around the World

China’s big banks cut deposit rates, signaling monetary easing ahead

China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow to recover.

Published 8 June 2023
Categorised as Finance News

It’s now cheaper for travelers to go to Bhutan — if they stay long enough

Travelers who visit Bhutan for at least five nights won’t have to pay the full amount for the country’s daily $200 tourist tax, or Sustainable Development Fee.

Published 8 June 2023
Categorised as Finance News

Amazon stock dips after Bernstein analysts pen ‘open letter’ to CEO. Here’s what the pros say

Pros on CNBC discussed what they think about Amazon stock after Bernstein analysts wrote an “open letter” to CEO Andrew Jassy and the board.

Published 7 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Affirm, Warner Bros. Discovery, Stitch Fix, Campbell Soup and more

These are the stocks posting the largest moves midday.

Published 7 June 2023
Categorised as Finance News

Crypto is Gen Z’s most common investment. That may be risky, experts said

Crypto is the predominant investment among young investors, a report found. It generally shouldn’t be more than a sliver of one’s portfolio, experts say.

Published 7 June 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more

These are the stocks posting the largest moves in premarket trading.

Published 7 June 2023
Categorised as Finance News

Here are tax-savvy ways to donate money, according to a charitable giving expert

If you’re planning to donate money, certain charitable giving moves provide a bigger tax benefit. Here’s what investors need to know.

Published 7 June 2023
Categorised as Finance News

Wealthy cut back on spending due to higher inflation, CNBC survey finds

CNBC’s Robert Frank joins ‘Squawk Box’ to break down the latest CNBC Millionaire Survey results.

Published 7 June 2023
Categorised as Finance News

Millionaires see market volatility, inflation among biggest threats to wealth, CNBC survey finds

CNBC’s latest millionaire survey reveals the biggest threats to personal wealth. Here are the best ways to protect from these risks, according to experts.

Published 7 June 2023
Categorised as Finance News

Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype

Ken Griffin, founder and CEO of Citadel, said Tuesday that the hype around artificial intelligence could be overblown at this stage.

Published 7 June 2023
Categorised as Finance News

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