News

Why are European banks moving their gold out of the US?

The Netherlands and France have moved their gold out of US vaults. Part of the reason is fear over US reliability, but equally important is the need to have their gold closer to home in the event of a crisis.

China's global hunt for tax revenue may be just getting started

Beijing's recent push to tax offshore wealth may be only the opening phase of a broader campaign that could eventually reach overseas properties, inheritances.

Modi and Xi are set to meet at BRICS with trade and border issues in spotlight

A, 2020

A meeting with Prime Minister Narendra Modi would be the clearest test yet of the tentative post-2020 reset between Asia’s two largest economies.

Palo Alto Networks CEO Sees AI Driving Cybersecurity Consolidation and New Demand

PANW

Palo Alto vs. Zscaler: Which Cybersecurity Stock Looks Stronger After Earnings?Palo Alto Networks (NASDAQ:PANW) Chairman and CEO Nikesh Arora said artificial intelligence is increasing corporate focus on cybersecurity vulnerabilities while also creating new demands for security t

China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash

China and the Philippines have been locked in years of tension over their competing claims in the South China Sea, with friction intensifying in recent months.

CNBC Daily Open: 'Welcome to Foldables' Samsung roasts Apple for being late to party

AAPL, AAPLN, AAPLCL, AAPLUS, AAPL0, AAPL1, AAPLCL1, AAPLCL0

Samsung trolls Apple's foldable debut; oil back above $100, pushing the Fed toward a hike next week.

California enacts new curbs on social media for children

California enacted laws restricting addictive social media features for under-16s and banning AI companion chatbots in toys.

Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy

CRCW

Trump economic advisor Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House's top economic advisor, his disclosure shows.

Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot

NVDA, NVDAN, NVDACL, NVD, NVDD, AI, 1NVDA, 4NVDA, 0R1I, 918422, NVDAUS, NVDA0, NVDA1, NVDACL1, NVDACL0

Chinese AI chipmaker Enflame, an Nvidia rival and one of China's "four little dragons," made its Shanghai market debut.

Trump says he has no regrets about starting the Iran war as U.S. dials up economic pressure

NWS, NWSA

Speaking to Fox News presenter Laura Ingraham, Trump said that he would have attacked Iran despite the impact on the midterm elections.