Singapore inflation hits highest in nearly two years, but undershoots expectations
A housewife (R) buys vegetables at a wet market in Singapore Roslan Rahman | Afp | Getty Images Singapore inflation missed estimates even as it accelerated to a near two-year high in July, as higher energy prices due to the Iran war lifted electricity…
Alibaba shares plunge 10% after $10.2 billion share placement to fund AI push
Night view of Alibaba’s headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO | Future Publishing | Getty Images Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant…
Iran warns of Hormuz ship seizures ahead of Bessent’s planned sanctions push
U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., U.S., Aug. 20, 2026. Kevin Lamarque | Reuters The U.S will unveil «the single greatest financial offensive ever» against Iran on Monday, Treasury Secretary…
Oil price today: WTI, Brent, U.S. sanctions, Iran
Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty |…
Asian countries building hydrogen economies look to transport sector
TOPSHOT – A man takes a selfie with the Indian Railways’ hydrogen-powered train after its flagging-off ceremony at Pandu Pindara railway station in Haryana’s Jind city on July 17, 2026. India launched its first hydrogen-powered train…
What’s bogging down the data center trade has nothing to do with demand
Nine thousand people working long hours, six days a week, to meet a deadline for full production of memory chips by the first quarter of 2027. The workers know they can each make $200,000, maybe more. They seem united in their mission; no Potemkin…
Treasury Secretary to announce Iran sanctions
Treasury Secretary Scott Bessent will hold a press conference Monday to announce sanctions against Iran that he described to CNBC as the greatest campaign of «coordinated economic isolation in the history of the world.» «At dawn begins an economic D-Day…
Here are the 2 big things we’re watching in the stock market this week
It’s Nvidia earnings week, which means investors will get their clearest read yet on the AI boom. Oh, and there’s also the not-so-small matter of the Fed’s influential confab at Jackson Hole and what it could signal about the future…
Democratic leader Jeffries meets with Jared Kushner as midterms loom
Hakeem Jeffries, Minority Leader of the U.S. House of Representatives speaks during the CNBC CEO Council Summit in Washington D.C. on June 2, 2026. Aaron Clamage | CNBC Democratic House leader Hakeem Jeffries met with President Donald Trump‘s…
Top analysts believe in the growth potential of these 3 stocks
Geopolitical uncertainty in the Middle East and soaring bond yields weighed on global markets this past week. And investors are closely assessing the valuations of artificial intelligence stocks amid concerns about the sustainability of high spending on…