world
Japan's declining real wages upend Prime Minister Takaichi's 'Abenomics' as inflation shrinks wallets
Real wages have not risen since 2021, underscoring the strain on household purchasing power. Source link
CNBC Daily Open: It's a bad time to be a tech investor — or employee
For most tech workers and investors, Thursday was another reminder of volatility’s sting. For Elon Musk, it was another day on the road to the stratosphere. Source link
Southeast Asia's largest bank CEO warns investors: 'Buckle up, we're in for a volatile ride'
DBS CEO Tan Su Shan cautioned investors about persistent market swings amid stretched U.S. valuations and concentrated AI stock exposure. Source link
China's exports unexpectedly contract in October as shipments to U.S. drop 25%
The two countries agreed to roll back a range of punitive measures, including steep tariffs, export controls for critical minerals and advanced technology. Source link
Trump says India has 'largely stopped' buying Russian oil, hints at visiting the country next year
India currently faces 50% tariffs on it exports, higher than the 47% duties on China. Source link
Elon Musk says Tesla needs to build 'gigantic chip fab' to meet AI and robotics needs
Tesla CEO Elon Musk he needs a “gigantic” semiconductor fabrication plant to meet the company’s chip needs as it expands its AI and robotics ventures. Source link
Travelers' demand for more unique experiences fuels lifestyle hotel boom in Asia
Lifestyle hotels in Asia-Pacific are set to grow 34% by 2027 — driven by demand for unique, experience-led travel and rising investor interest. Source link
CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
For most tech workers and investors, Thursday was another reminder of volatility’s sting. For Elon Musk, it was another day on the road to the stratosphere. Source link
Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favor
Tesla shareholders approved CEO Elon Musk’s historic pay package at the company’s annual shareholders meeting in Austin, Texas. Source link
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
Shares of Japan’s SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. Source link