World

In Singapore’s iconic Orchard Road retail street, a new era is starting

The Far East Shopping Center on Orchard Road in Singapore, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty Images The Far East Shopping Center along Singapore’s Orchard Road has seen better days. Despite being five minutes’ walk from the Orchard MRT station, one of Singapore’s busiest subway stations, the 42-year-old mall suffers from very poor footfall. Around one-fifth of …

Read More »

National Geographic names ‘Pictures of the Year’ — Take a look inside

National Geographic released its annual “Pictures of the Year” issue this week, showcasing 20 photographs — out of some 2.3 million in contention — that depict striking scenes of nature, wildlife and human connection to the world. Here are CNBC’s picks of the best of the best. A leap of faith A young emperor penguin jumps off a 50-foot cliff …

Read More »

NWSL Championship: How Washington Spirit owner Michele Kang carved her path as the first women’s soccer mogul

Five years ago, the U.S. women’s national team were being feted in Washington, D.C., one of several celebratory events to commemorate their fourth Women’s World Cup title. The trophy offered a fresh reminder that they are one of most established teams in the broader sports landscape – they remained the gold standard in women’s soccer, as well as one of …

Read More »

Expectations can be irrational. Just look at Nvidia

Nvidia Corp. signage outside the companys headquarters in Santa Clara, California, US, on Tuesday, Nov. 19, 2024.  David Paul Morris | Bloomberg | Getty Images 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 you see? …

Read More »

Japan October inflation rate falls, BOJ rate hike still on table

A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate, which excludes fresh food prices, came in at 2.3%, down from September’s 2.4%. The figure however, was slightly higher …

Read More »

Washington Spirit owner Michele Kang reveals why she threw herself ‘head first’ into NWSL and women’s soccer

Five years ago, the U.S. women’s national team were being feted in Washington, D.C., one of several celebratory events to commemorate their fourth Women’s World Cup title. The trophy offered a fresh reminder that they are one of most established teams in the broader sports landscape – they remained the gold standard in women’s soccer, as well as one of …

Read More »

Alphabet shares slide 4% following DOJ push for Google to divest Chrome

Jaque Silva | Nurphoto | Getty Images Alphabet shares fell 4% on Thursday, after the Department of Justice called for Google to divest its Chrome browser as a remedy to its antitrust case. The proposed breakup would, according to the DOJ filing Wednesday night, “permanently stop Google’s control of this critical search access point and allow rival search engines the …

Read More »

Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism

Ken Griffin, chief executive officer and founder of Citadel Advisors LLC, speaks during an Economic Club of New York event in New York, US, on Thursday, Nov. 21, 2024. Yuki Iwamura | Bloomberg | Getty Images Citadel CEO Ken Griffin issued a warning against the steep tariffs President-elect Donald Trump vowed to implement, saying crony capitalism could be a consequence. …

Read More »