A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, U.S., November 6, 2024. Andrew Kelly | 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
General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty Images LONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand. The IMF now sees 1.1% growth for the U.K. economy this year, up from a July forecast of 0.7%. The agency
SHANGHAI (Reuters) – China’s semiconductor index leapt close to a three-year high on Monday (NASDAQ:) on bets a U.S. order halting Taiwan Semiconductor Manufacturing Co’s shipments of advanced chips to Chinese customers could accelerate Beijing’s self-reliance efforts. TSMC will from Monday suspend shipments of certain sophisticated chips to some Chinese clients after receiving a letter from the U.S. Department of Commerce imposing export restrictions on those products, Reuters reported on
The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH. Source link
The crypto market witnessed a sharp selloff on Monday as $90 million in positions were liquidated within an hour. Bitcoin price slipped more than 1%, whereas Ethereum price dropped nearly 2% due to profit-booking by investors. Top altcoins such as Solana (SOL), BNB, XRP, Cardano (ADA) also tumbled 2-3% after a massive price rally in the last 24 hours. Meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) plunged 6% in
(Bloomberg) — South Korean retail investors boosted their holdings of US stocks to more than $100 billion for the first time amid growing interest in Big Tech shares and leveraged funds. Most Read from Bloomberg Mom-and-pop traders held a combined $101.4 billion worth of US equities as of Nov. 7, according to Korea Securities Depository data. That’s a 64% jump from the whole of last year. More individual traders are
Hardline immigration official Tom Homan will be in charge of overseeing the United States’s borders in the incoming Republican administration, President-elect Donald Trump has said. “I am pleased to announce that the Former ICE Director, and stalwart on Border Control, Tom Homan, will be joining the Trump Administration, in charge of our Nation’s Borders [‘The Border Czar’],” Trump posted on his social network Truth Social late on Sunday. “I’ve known
Space NK Space NK said it only sells via its own website – and its advent calendar is currently sold out online Shoppers looking for a good deal on a luxury advent calendar are being warned to watch out for online scams. Advent calendars have evolved beyond just offering a picture or a little chocolate behind each door. Now they offer everything from beauty products to luxury food and drink
Read about Uber, Amazon, FuboTV and more in the latest Market Talks covering technology, media and telecom. Source link
Affordable housing programs can help make the American dream of homeownership a reality. Source link
