Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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China’s stock market sinks into bear territory as CSI 300 extends 10-week rout
China’s benchmark CSI 300 index has entered bear-market territory, falling 20% from its June peak, as a prolonged selloff in mainland equities deepens.
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CNBC Daily Open: War worries meet AI anxiety
Washington says it has no plans to renew strikes on Iran before the Nov. 3 midterms, but escalation may not wait long after that.
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Southeast Asia is hungry for AI — and the money isn’t just in subscriptions
Southeast Asia’s rapid AI adoption is creating business opportunities beyond paid consumer subscriptions, a partner at Bain & Company, told CNBC.
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James Talarico fires back at Elon Musk in Texas Senate race feud
Musk in September donated $158 million to a Republican Super PAC, which sent that cash to a PAC backing GOP Senate nominee Ken Paxton, Talarico’s opponent.
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Critical web security flaws spark global alarm as Google, OpenAI and Amazon respond
Critical PHP security flaws trigger global warnings as Google, OpenAI and Amazon respond to potential cyber threats.
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Bank of Korea holds rates after President Lee calls for boosting housing supply
Economists polled by Reuters had forecast the Bank of Korea to hold rates.
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Sovereign wealth funds’ China and Hong Kong investments surge 190% after a bruising slump
Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.
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Inside India newsletter: Asia’s hottest data center market aims to quell concerns over water and power use
India is grappling with growing public anger against data centers that pose a threat to its ambitions to host the whole world’s data.
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AI and jobs: The hot new topic for central bankers
As competition for capital grows, central bank policymakers and researchers are scrutinizing the consequences of artificial intelligence on jobs.
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