BRICS officials during the last day of the bloc’s 15th summit in South Africa. Bloomberg | Bloomberg | Getty Images The BRICS economic coalition of emerging markets on Thursday extended membership invitations to six nations, South African President and current BRICS chair Cyril Ramaphosa said. The BRICS alliance — which […]
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10-year Treasury yield dips slightly as investors await Jackson Hole meeting
U.S. Treasury yields were mixed on Thursday as investors await signals on monetary policy from central bankers at the upcoming Jackson Hole meeting. At 4:56 a.m. ET, the yield on the benchmark 10-year Treasury note was down over 1 basis points at 4.1841%, after hitting a 16-year high on Monday. The […]
China suspends all seafood imports from Japan after treated radioactive water is released from Fukushima
Protesters hold signs reading “Don’t throw radioactive contaminated water into the sea!” as they take part in a rally outside the Tokyo Electric Power Company (TEPCO) headquarters building in Tokyo on August 24, 2023, against the Japanese government’s plan to release treated wastewater from the crippled Fukushima-Daiichi power plant into […]
Wagner mercenary boss Yevgeny Prigozhin presumed dead after plane crash near Moscow
A view of site after a private jet, allegedly carrying Wagner head Yevgeny Prigozhin and other passengers crashed in Russia’s northwestern Tver region, Russia on August 23, 2023. Wagner Telegram Account | Handout | Anadolu Agency | Getty Images The chief of the Wagner Russian mercenary group, Yevgeny Prigozhin, is […]
A new PM and a fugitive’s return: here’s what Thailand’s political future holds
Former Thai Prime Minister Thaksin Shinawatra, who is expected to be arrested upon his return as he ends almost two decades of self-imposed exile, waves at Don Mueang airport in Bangkok, Thailand August 22, 2023. R Athit Perawongmetha | Reuters The return of Thailand’s former prime minister Thaksin Shinawatra after […]
Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year
Signages at the Grab Holdings Ltd. headquarters in Singapore, on Sunday, Aug. 20, 2023. Grab released earnings results on Aug. 23. Photographer: Ore Huiying/Bloomberg via Getty Images Ore Huiying | Bloomberg | Getty Images Singapore-based Grab said on Wednesday that its ride-hailing unit is on track to hit pre-Covid levels […]
Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results
Aerial photo shows the factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Nanjing, Jiangsu province, Aug 1, 2023. Costfoto | Nurphoto | Getty Images Semiconductor-related stocks in Asia surged after chipmaker Nvidia posted second-quarter results that beat estimates and issued optimistic guidance for the current period. Most notably, Nvidia’s performance […]
CEO of remote company shares what she looks for in work-from-anywhere hires: ‘This is a gamechanger’
When Juliana Chan decided to take her company fully remote in August, some managers reached out and said, “You are very brave to be going remote,” she recalled. “They are not wrong,” the founder and CEO of Wildtype Media, a STEM-focused media communications firm, told CNBC Make It. That’s because […]
China’s deflation could spill over into a global concern, economists say
SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong Zhi/Getty Images) Zhong Zhi | Getty Images News | Getty Images China’s economic […]
Boeing says a new 737 Max flaw will slow airplane deliveries
A person with an umbrella walks by a Boeing 737 Max fuselage parked outside the company’s production facility in Renton, Washington, January 10, 2020. Lindsey Wasson | Reuters Boeing said a new manufacturing flaw on its best-selling 737 Max will delay deliveries of its best-selling aircraft, the latest setback as […]