Shares of Semiconductor Manufacturing International Corporation, China’s largest contract chip maker, fell nearly 7% after an earnings miss.… MORE
Category Archives: Top News
Asia-Pacific stocks trade mixed as investors parse China trade data
China’s exports surged in April, sharply beating estimates, even as businesses bore the brunt of U.S. tariffs that kicked into higher gear last month.… MORE
China’s shipments to U.S. plunge 21% in April while overall exports surge, beating estimates
Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by customs authority on Friday.… MORE
China’s latest stimulus measures fail to impress as investors focus on U.S. trade talks
Beijing’s stimulus push came as trade talks with U.S. officials has raised the prospect of partial roll-back of tariffs on Chinese good.… MORE
Asia-Pacific stocks trade mixed as investors await China trade data
The Asian giant’s export growth is expected to have slowed significantly in April, dampened by U.S. President Donald Trump’s tariffs.… MORE
Jeanine Pirro picked Trump as interim top federal prosecutor in D.C.
Ed Martin was the second Trump nominee in as many days to be pulled after it appeared they would not have the Senate votes to be confirmed.… MORE
Trump elevates Marco Rubio as a potential successor — and as a 2028 rival to Vance
As Rubio ascends in Trump’s administration, those close to him and Vance downplay any talk of a clash between the two men, who have become close friends and ideological allies.… MORE
Texas Roadhouse’s momentum in April blunts inflation risk nipping at its heels
Early signs of a stronger second quarter were giving investors hope.… MORE
Friday’s big stock stories: What’s likely to move the market in the next trading session
Stocks rose on Thursday following President Trump’s announcement of a trade deal framework with the U.K. Here’s what’s on CNBC’s radar heading into Friday.… MORE
Trump to appoint Fox News host Jeanine Pirro as D.C.’s interim top federal prosecutor
Martin is the second Trump nominee in as many days to be pulled after it appeared they would not have the Senate votes to be confirmed.… MORE