High interest rate worries pressure stocks

High interest rate worries pressure stocks

Traders work on the floor at the New York Stock Exchange on March 5, 2024. Brendan Mcdermid | Reuters 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 they are. Like what you see? You … Read more

China holds live-fire drills on island closest to Taiwan

China holds live-fire drills on island closest to Taiwan

China held a live-firing exercise from its territory closest to Taiwan one week after it launched a large-scale drill encircling the island. Chinese military drills off the Taiwanese coast have intensified in recent years as its claims over the self-governed island have grown. Beijing announced late on Monday that an area around Niushan – an … Read more

Why was Trump serving fries in McDonald’s?

Why was Trump serving fries in McDonald’s?

When Donald Trump donned an apron at a McDonald’s in Pennsylvania this weekend he wanted to appeal to working class voters – but also to push his unsubstantiated claim that Kamala Harris never worked at the fast food chain. The Democrat says she worked at a franchise in California 40 years ago. And she talks … Read more

China portfolio manager reveals what he’s buying right now

China portfolio manager reveals what he’s buying right now

Chinese markets have been in the spotlight over the last month after the government revealed a slew of stimulus announcements , sending markets higher. As well as measures including interest rate cuts, lower cash reserve requirements for banks, and liquidity support for stock markets, Minister of Finance Lan Fo’an also indicated that the country was … Read more