world
Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens. Source link
World leaders flock to Beijing, hedging against U.S. disruptions
Nations that avoided China in recent years are now sending their leaders to Beijing for meetings with Chinese President Xi Jinping. Source link
Trump gets a boost as Panama court voids Hong Kong firm’s canal contract
The ruling from Panama’s top court is widely seen as a victory for the Trump administration, which is seeking to counter any Chinese influence in the region. Source link
CNBC Daily Open: We'll soon find out who the new Fed chair is
Former Fed Governor Kevin Warsh is by far the favorite, according to prediction market Kalshi. Source link
Japan election becomes high-stakes gamble for Takaichi as personal popularity faces tougher opposition
Japan’s Feb. 8 election is increasingly seen as a referendum on Prime Minister Sanae Takaichi, who has tied her political future to the vote. Source link
Scenic trains, cruises and concerts: China’s new plan to get consumers spending again
China rolled out a new work plan to boost services consumption as stimulus measures to boost households spending on goods have so far done little to lift demand. Source link
Indonesian stock exchange CEO resigns after $84 billion market wipe out
The rout was triggered by an announcement on Tuesday by index provider MSCI, warning of a potential downgrade of the country to “frontier” market status. Source link
Trump reportedly says 'very dangerous' for UK to do business with China as Starmer looks to mend ties
Starmer is on a 4-day visit to China this week, the first trip by a British leader in eight years, signaling an attempt at resetting the bilateral ties. Source link
CNBC Daily Open: Consumers love the iPhone — but investors are more tepid on Apple despite its strong earnings
Apple reported a 16% year-on-year jump in its fiscal first-quarter revenue on “staggering” iPhone demand, topping market estimates. Source link
Trump says he will announce a replacement for Powell as Fed chair Friday morning
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair. Source link