CNBC News

Australia’s currency is one of the most advanced in the world. The nation’s banknotes are totally waterproof, hard to counterfeit and relatively cleaner because they are resistant to moisture and dirt. Australian dollar notes are made of a polymer, which has a waxy feel, while the banknotes of the U.S. […]

The “best hope” for the impact of the Trump administration’s $1.5 trillion tax overhaul on the U.S. economy is that it boosts investment and thus productivity, Minneapolis Federal Reserve Bank president Neel Kashkari said on Wednesday. But whether it will do so and deliver faster economic growth in the process […]

China’s billionaire population is on the rise. Today, the country is home to 10 percent of the world’s almost 2,400 billionaires, according to the latest report from Wealth-X. But, perhaps more notably, a massive 94 percent of them are self-made. Growth in China’s technology, consumer retail and real estate sectors […]

Canadian Prime Minister Justin Trudeau is this week visiting India, but the young politician — known for rock-star treatment on the international stage — is not getting much of a reception in the South Asian giant. Media in the country has had its attention occupied by the scandal over the […]

South Korea’s largest family-run conglomerates may have contributed to the more than 1 trillion won ($910 million) in domestic sponsorship raised for the Pyeongchang Winter Olympics, but the event is tricky terrain for them to navigate. Chaebols, Korean conglomerates that are typically family-controlled, played a significant part during South Korea’s […]

Oily matter that reached two islands in southern Japan is highly likely to come from a sunken Iranian tanker, given its similarity to oil floating near the tanker and a lack of other oil spills in the area, the Japan Coast Guard said on Thursday. The Sanchi tanker sank in […]

Britain’s cross-party Treasury Select Committee of lawmakers on Thursday said it is launching an inquiry into digital currencies, as well as the underlying distributed ledger technology. The probe will focus on the opportunities and risks posed to consumers, businesses and the government by the rising popularity of cryptocurrencies, the committee […]

It’s a bad sign if an index has too many large cap stocks from one sector, said Bill Smead, CEO and chief investment officer of Smead Capital Management. “The excesses of this bull market are in the glam techs,” Smead said on CNBC’s “Closing Bell,” referring to names like Amazon, […]

You have to admire Pavel Durov’s audacity. Over the past few months, the CEO of Telegram convinced 81 accredited investors, including Silicon Valley giants Sequoia Capital and Benchmark, to give him $850 million in a presale of his company’s cryptocurrency in advance of an initial coin offering, or ICO. Now […]

Reality TV star Kylie Jenner added her voice to a growing chorus criticizing Snapchat’s redesign on Wednesday: @KylieJenner tweet People have criticized the app for blurring separate features together and promoting sponsored content. Analysts on Citi downgraded the stock of parent company Snap on Tuesday, contributing to a stock drop […]