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UK’s Conservatives name Kemi Badenoch as new leader, shifting the party further to the right

Conservative leadership contender Kemi Badenoch delivers a speech on the final day of Conservative party conference at Birmingham ICC Arena on October 2,...

10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report

The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and...

U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike

Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast and a significant...

Surge in UK borrowing costs is not a repeat of the ‘mini-budget’ crisis, economists say

LONDON — U.K. borrowing costs are elevated after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday...

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.David Paul Morris | Bloomberg |...

China’s Zeekr reports EV deliveries in October nearly doubled, clocks its best monthly numbers

ZEEKR EV cars are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024.Chalinee Thirasupa | ReutersChinese electric carmaker...

UK businesses warn Labour government’s tax-raising budget will hurt hiring and boost inflation

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday,...

Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson

Simon Johnson, an economist and a professor at the Massachusetts Institute of Technology (MIT).Bloomberg | Bloomberg | Getty ImagesU.S.-based economists Daron Acemoglu, Simon...

Macao’s next leader wants to wean economy off gambling

Sam Hou Fai delivers a speech at a polling booth at the China-Portuguese-speaking Countries Commercial and Trade Service Platform Complex on Oct. 13,...

Pakistan to repay over $30 billion debt in FY25, says central bank – Times of India

Cash-strapped Pakistan's central bank has revealed the country is scheduled to repay a total of USD 30.35 billion in maturing foreign...

International investors descend on London as Labour tries to woo new business to Britain

Stockcam | E+ | Getty ImagesLONDON — The U.K. Labour government is hoping to woo foreign capital to the country on Monday, as...

CNBC Daily Open: With an unchanged PPI, the Fed’s near the finish line

A television station broadcasts the Federal Reserve's interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US,...

China property stocks jump after Beijing proposes measures to lift troubled sector

Investor confidence in China's real estate market appear to be boosted by the government's promise to support the sector and some loosening of...

Trump calls Chinese President Xi ‘brilliant,’ says US faces greater threats from ‘enemies within’ – Times of India

Former US President Donald Trump doubled down on his past admiration for Chinese President Xi Jinping, sparking fresh discussions about his...

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