Japan borrowing costs hit 30-year high as Bessent steps up pressure
A man walks past an electronic quotation board displaying 10-year Japanese government bonds (L), an index of long-term interest rates on the Tokyo bond market, and the foreign exchange rate of the Japanese yen against the US dollar (C) along a street in…
India’s Modi asks Putin to end Ukraine war amid U.S. oil tariff threat
BISHKEK, KYRGYZSTAN – AUGUST 31: Russian President Vladimir Putin (R) istens to Indian Prime Minister Narendra Modi (L) during the Shanghai Cooperation Organization Summit on August 31, 2026 in Bishkek, Kyrgyzstan. Contributor | Getty Images News |…
Emerging markets gain as U.S. dollar weakens
Brazil’s President Luiz Inacio Lula da Silva speaks to the media at the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo Moraes Ricardo Moraes | Reuters Emerging markets are likely to see a surge in investor money as they seek…
Tanker struck by three projectiles in Hormuz as U.S.-Iran conflict escalates
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 31, 2026. Stringer | Reuters A tanker was struck by three unknown projectiles while transiting the Strait of Hormuz on Monday, stoking worries that the Middle East conflict could once…
Bessent said no economic relief for Russia until Ukraine war ends
Treasury Secretary Scott Bessent and Russian Finance Minister Anton Siluanov at the G20 Finance Ministers Meeting in Asheville, N.C. on Aug. 31, 2026. Courtesy: U.S. Treasury Department U.S. Treasury Secretary Scott Bessent reportedly told Russian…
Fast-fashion giant Shein’s shares drop 8% in Hong Kong market debut
This picture shows signage of cross-border fast fashion e-commerce company SHEIN. Jade Gao | Afp | Getty Images Shares of Shein fell 8% in their trading debut in Hong Kong on Tuesday, after a tepid IPO that saw the fast-fashion giant’s valuation…
Venezuela grants North American Blue Energy Partners 100-year concessions for 17 oil fields
A Venezuelan flag waves in front of oil tanker on lake in Maracaibo, Venezuela on July 27, 2026. Jose Isaac Bula | Anadolu | Getty Images Venezuelan interim authorities have granted U.S.-backed North American Blue Energy Partners, or NABEP, 100-year…
CNBC’s The China Connection newsletter: McKinsey’s contrarian view
Crowds of pedestrians cross a road outside the Taikoo Li Sanlitun shopping complex on August 22, 2026, in Beijing, China. Cheng Xin | Getty Images News | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The…
August was the month of the comeback kids. Cramer reviews what drove the biggest winners
CNBC’s Jim Cramer said Monday that August was a comeback month for stocks that had been battered by some of Wall Street’s most powerful bearish narratives. His comments came on the final trading day of August. Several of the S&P…
Why Trump’s Venezuela oil deal won’t lower U.S. gas prices soon
Drivers in the U.S. won’t see lower gas prices from President Donald Trump‘s massive oil deal with Venezuela because it will take years to significantly boost the country’s production, experts say. Trump announced Friday that the U.S.…