World

The Logo of Hyundai Motor India Limited is seen on a parked car in the company’s stockyard, in the outskirts of Ahmedabad, India, October 8, 2024. Amit Dave | Reuters Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country’s largest share offering yet. The Government … Read more

Tokyo Metro’s logo is pictured at Kasumigaseki station in Tokyo, Japan, Aug. 15, 2024. Miho Uranaka | Reuters Tokyo Metro is expected to raise 348.6 billion yen ($2.3 billion) after pricing its initial public offering at the top end of its range, according to two sources familiar with the matter, in the largest IPO in Japan for … Read more

The bull market for the S & P 500 celebrated its second birthday over the weekend, but history says there will likely be growing pains in the year ahead. The benchmark large-cap stock index has steadily rallied since its trough on Oct. 12, 2022, fueled in large part by the excitement around artificial intelligence and … Read more

A man with Dior paper bag in Manhattan, New York City, United States of America on July 15th, 2024.  Beata Zawrzel | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

The popularity of anime — or animation produced in Japan — has boomed in recent years, and several global entertainment companies are leading in, according to Jefferies. “Many companies are now positioning anime-related businesses as core to their growth strategies,” the investment bank’s analysts said in an Oct. 9 equity research note. The key driver, … Read more

The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond. SeongJoon Cho | Bloomberg | Getty Images Asia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow … Read more

Timelapse video captured on 12 October by the Subaru Telescope at the Mauna Kea Observatory in Hawaii shows the Tschinshan-ATLAS comet passing by Earth. A special live stream was launched from the telescope, which is operated by the National Astronomical Observatory of Japan, to capture the comet. Scientists estimate the comet is only visible from … Read more

Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Investment bank Stifel examined both stocks and found that one has significant upside amid a fiercely competitive “winner-takes-all” market. Shares of both companies are traded in the U.S. and across Europe. DHER-DE JET-GB … Read more

U.S. crude oil futures fell more than 2% on Monday after OPEC cut its demand forecast for 2024 for the third time in a row. OPEC now sees demand growing by 1.9 million barrels per day in 2024, down from 2 million bpd in its previous forecast, according to a report released Monday. The group … Read more

People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today. Josh Edelson | AFP | Getty Images Google said Monday that it will purchase power from small modular reactor developer Kairos Power, … Read more