World

The Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images Bank of Japan policymakers will gather in Tokyo next week for their penultimate meeting this year. Market observers expect them to raise their inflation projections, while others think further modest adjustments to …

Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares rose about 6% in after-hours trading after the company reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as overall revenue declined. Here’s …

Shares of Meta dipped more than 2% Thursday, a day after the company released strong third-quarter results but offered cautious comments about potential ad softness due to the ongoing Israel-Hamas war. Meta reported $34.15 billion in revenue for the quarter, up 23%, and the fastest rate of growth since 2021. …

Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore’s United Overseas Bank. But the bank remains optimistic about one key region. “The U.S. commercial real estate remains a hotspot, especially with the low occupancy rates that we …

Trouble is brewing for the U.S. consumer, according to one strategist, and a substantial labor market downturn could kickstart a recession. “I think the U.S. consumer is walking towards a cliff, basically,” Chris Watling, chief executive of financial advisory firm Longview Economics, told CNBC’s “Squawk Box Europe” on Tuesday. He …

Chinese EV maker Leapmotor launched its first car for the international markets called the C10. Arjun Kharpal | CNBC Stellantis on Thursday said it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor, as traditional automakers look for a way to compete in China’s cutthroat market. …

WUHAN, CHINA – MAY 25: (CHINA OUT) Attendees wear protective masks as they look around the at BMW Ix3 during 2023 Central China International Auto Show on May 25, 2023 in Wuhan, Hubei province, China. More than 80 brands took part in the 2023 Central China International Auto Show which …

A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Meta may be banned from operating in China, but the company is finding plenty of growth coming from the world’s second-biggest economy. In its third-quarter earnings report …

Saudi Finance Minister Mohammed al-Jadaan on Wednesday discussed his country’s efforts to de-escalate what he called “recent events” in the Middle East region, without naming any of the parties involved.  “Our sympathy goes to those who are suffering, civilians, civilian casualties wherever they are, and international law needs to be …

FTX founder Sam Bankman-Fried will take the stand to testify in his own defense, his attorney said in a conference call Wednesday. The decision by his legal team sets him up for a cross-examination by federal prosecutors, who will be able to press him on the collapse of his crypto …