U.S. Commerce Secretary says she ‘didn’t pull any punches’ during recent visit to China
Gina Raimondo met with Chinese officials in a high-stakes trip this week.
Financial News
EU economics chief says Europe is gripped by a ‘double crisis’ — but it can avoid a recession
Europe can avoid a recession, Paolo Gentiloni, the European Commissioner for economic affairs, told CNBC on Saturday.
Russia’s Putin says he will soon meet with China President Xi as war in Ukraine drags on
The upcoming meeting comes amid steady gains by Ukrainian forces on the battlefield.
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
Southeast Asia’s first high-speed train – a boon or bust for Indonesia’s economy?
The project is funded by PT KCIC and was expected to be completed by 2019 but has since been held back by operational delays and a $1.2 billion budget overrun.
One part of China’s consumer market is holding up against a broad slowdown
Segments of China’s consumer market have seen resilient spending this summer.
Goldman Sachs unloads another business acquired under CEO David Solomon
Amid CEO David Solomon’s push to unload or shutter several businesses tied to his retail banking plan, the high net worth business was deemed too small.
Evergrande shares plunge as much as 87% as trading resumes after 17 months
Evergrande shares tumbled as much as 87% on the Hong Kong Stock Exchange on Monday, to as low as 22 Hong Kong cents.
China’s rare earths dominance makes U.S. supply chains vulnerable, trade representative says
China’s dominance in rare earths makes U.S. supply chains vulnerable, U.S. Trade Representative Katherine Tai told CNBC’s Martin Soong.
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.