Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Why Trump’s new tariff blitz is very different this time round
President Trump on Friday launched a fresh round of tariffs targeting 60 trading partners, including the European Union, China, and the U.K.
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Goldman Sachs lists Asian currencies riding the AI boom
The artificial intelligence boom is reshaping Asia’s currency markets, with Goldman Sachs arguing that technology exposure has become a key differentiator.
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Seattle shooting leaves two dead, five injured
At least two people were killed and five others, including a 2-year-old, wounded in a shooting at a downtown Seattle food festival Sunday, reports say.
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China industrial profit growth slows again in June as retreating oil prices sap earnings lift
Corporate earnings have staged one of the strongest turnarounds in the economy this year, swinging from barely positive growth in 2025 to double-digit gains.
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China memory chipmaker CXMT skyrockets 470% in blockbuster Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
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CNBC Daily Open: Markets finally get a calm weekend; Nvidia and SK Hynix announce massive memory deal
It’s been a relatively calm weekend. Finally, there was a pause in the fighting in the Middle East instead of an escalation.
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Singapore tightens monetary policy as rising oil prices rekindle inflation risk
Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.
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Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.
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Here’s the tech stock to buy in a market losing patience with tech
It’s not the spend, it’s the return.
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Stock futures climb, oil prices fall as U.S. and Iran pause attacks: Live updates
The week ahead will have no shortage of challenges for the major averages.
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