World

Chinese yuan cash bills and chinese flag (money, economy, finance, inflation, crisis) Javier Ghersi | Moment | Getty Images Ratings agency Moody’s downgraded its outlook on China’s government credit ratings to negative from stable, expecting Beijing’s support and possible bailouts for distressed local governments and state-owned enterprises to diminish China’s …

BEIJING — More controls on tech exports to China will be coming as needed, despite business concerns, U.S. Commerce Secretary Gina Raimondo told CNBC in an exclusive interview. “We have to change constantly,” Raimondo told CNBC’s Morgan Brennan over the weekend on the sidelines of the Reagan National Defense Forum. …

Close up of Chinese Yuan notes, with Mao Tse-tung Peter Dazeley | The Image Bank | Getty Images China’s recent policy support is aimed at fixing its system and shouldn’t be seen as economic stimulus, according to Societe Generale’s Asia chief economist and head of research. “Actually, to be frank, …

China’s current emissions reduction targets are not as strong as they need to be, U.S. Deputy Secretary for Energy David Turk said Monday. “I think every country needs to take a look at what it’s doing, especially in its implementation phase,” Turk told CNBC’s Steve Sedgwick at the COP28 summit. “I’ve …

Bitcoin, the world’s largest cryptocurrency, has been stealthily rising in 2023. Chris Ratcliffe | Bloomberg | Getty Images Bitcoin crossed the $40,000 mark for the first time this year on Monday in Asia, bolstered by anticipation of a bitcoin exchange-traded fund approval and bets on U.S. interest rate cuts. The world’s …

Traffic_analyzer | Istock | Getty Images Gold prices notched a new record on Monday for a second day in a row — with spot prices touching $2,100 as the global rush for bullion appears set to continue. Gold prices are on course to hit fresh highs next year and could …

Yuichiro Chino | Moment | Getty Images Executives in the cryptocurrency industry called the start of a new bull run with a growing number of voices calling for fresh all-time highs for bitcoin in 2024 above $100,000. Bitcoin has rallied more than 120% this year, with many optimistic about the …

New York City is among the worst global cities for expats, but it continues to have a strong hold on people seeking a new life abroad. New York ranked 39th out of 49 global cities for foreigners based on social, financial and career factors, according to the latest report from …

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023.  Tayfun Coskun | Anadolu Agency | Getty Images Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about …

The U.S. Navy destroyer USS Carney (DDG 64) sets sail in the Bosphorus in Istanbul, Turkey, July 14, 2019. Yoruk Isik | Reuters A U.S. naval ship and several commercial vessels were attacked in the Red Sea, the Pentagon reported on Sunday, the same day Yemen’s Houthi rebel group said …