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Financial News Around the World

Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows

A survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long-term despite concerns about U.S.-China relations.

Published 26 June 2024
Categorised as Finance News

Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says  

Prince Constantijn of the Netherlands told CNBC Europe risks limiting its role in artificial intelligence to being a regulator, rather than an innovator.

Published 26 June 2024
Categorised as Finance News

The yuan’s status as a global currency might be gaining ground. But top CEOs see more hurdles to clear

For China’s yuan to be used more globally, the currency needs more “applications” such as stocks and bonds, said Bonnie Chan, CEO of the Hong Kong exchange.

Published 25 June 2024
Categorised as Finance News

Housing market to remain ‘stuck’ until at least 2026, Bank of America says

The bank sees a variety of factors lining up against both a major improvement in sales and a drop in prices.

Published 25 June 2024
Categorised as Finance News

Stocks making the biggest moves midday: SolarEdge Technologies, Pool Corp., Carnival and more

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

Published 25 June 2024
Categorised as Finance News

Fewer Americans are buying life insurance. Here’s when you might need it

Fewer Americans have bought life insurance in recent decades. That may put some households at financial risk.

Published 25 June 2024
Categorised as Finance News

Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve

Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates.

Published 25 June 2024
Categorised as Finance News

Cisco is ‘very optimistic’ about its expanding business with China EVs

Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, Cisco’s Greater China head Ming Wong told CNBC.

Published 25 June 2024
Categorised as Finance News

Stocks making the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and more

These are the stocks posting the largest moves midday.

Published 24 June 2024
Categorised as Finance News

Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars

Ferrari is opening a new E-Building in Maranello, Italy, that will produce internal combustion engine cars alongside hybrid and all-electric models.

Published 24 June 2024
Categorised as Finance News

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