Fewer Americans are planning summer vacations. Travel costs aren’t the top reason
People who aren’t planning to travel this summer say the cost of everyday life (68%)…
World
Trump Tariffs: What products do the EU and US buy from each other?
The United States has a $236bn trade deficit with the European Union. The EU is…
World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn
Norway’s sovereign wealth fund on Thursday reported a first-quarter loss of 415 billion kroner ($40…
NBA playoffs: Warriors lose despite Curry heroics; Celtics beat Orlando
Boston, without top scorer Tatum, were pushed by Miami while Houston levelled their series with…
Vietnam, US kick off trade talks as Hanoi seeks relief from Trump’s tariffs
Trade-reliant Southeast Asian country is facing a 46 percent levy under Trump’s so-called ‘reciprocal’ tariffs.
Shares of Gucci-owner Kering drop 5% after first-quarter sales slump
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter…
China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs
U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there…
British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31,…
Several killed in major Russian attack on Ukraine’s Kyiv
Russia bombed Ukraine’s capital Kyiv on Wednesday killing at least nine people and injuring dozens.
Japan is wooing retail investors by lowering entry barriers to investing in this stock market
Japan’s Tokyo Stock Exchange is asking listed companies to reduce their minimum investment thresholds to…
CNBC Daily Open: Trump blinks first in trade war he started
The president’s softer tone toward China, despite no formal talks, was a stark contrast to…
Tariffs will harm us all, European officials warn — with more work needed to reach a trade deal
European officials say they’re optimistic a trade deal can be reached with President Donald Trump,…
Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off
J.P. Morgan expects the yellow metal to average $3,675 per ounce by the fourth quarter…
Pakistan finance minister says China and U.S. are Islamabad’s ‘critical and strategic allies’
Pakistan’s federal minister says the South Asian nation is not inclined to choose between China…
South Korea’s ex-President Moon Jae-in indicted for bribery
Moon accused of appointing former lawmaker to nonprofit in exchange for hiring of his then…
Trade tensions are ‘bad for everybody,’ says Bank of Korea governor
“We will be affected directly by the U.S. tariffs [and] also indirectly by their tariffs…
Trump says lower tariffs depend on China, as US states sue over trade war
Wall Street rallies for second day on hopes of a de-escalation in trade tensions between…
CNBC Daily Open: Trump starts trade war but also blinks first
The president’s softer tone towards China despite no formal talks was in stark contrast to…
SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
South Korea’s SK Hynix beat quarterly revenue and operating profit estimates, with demand from artifical…
South Korea’s first-quarter GDP contracts 0.1% as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a…
