Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The president of the United States, Donald Trump, at the White House on March 11, 2025.
Kevin Lamarque | Reuters
CNBC will organize “Converge Live”, an opening event of thought leadership from March 12 to 13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision makers will discuss what it means to innovate and grow collaborating and sharing ideas in all industries.
The spectators can see the live broadcast of the event and listen to speakers, including the Vice Prime Minister of Singapore, Kim Yong Gan, the president of the Alibaba group, Joe Tsai, the founder of Bridgewater Associates, Ray Dalio, and the CEO, president and co -founder Marc Benioff and others here.
The White House dedicated himself to a heated tariff skirmish, but brief, with Canada, doubling levies in steel and aluminum imports from his northern neighbor to 50% in a moment. That was in response to the Prime Minister of Ontario, Doug Ford, saying that he would impose a 25% surcharge in electricity exports to the United States
But the colder heads prevailed, and the commercial war has been temporarily suspended. Despite the resolution, investors were restless for the constant writing on tariffs and sold shares, dragging S&P 500 to the correction territory during the negotiation session.
The highlight of CNBC Converge Live
CNBC is staying Converge in vivo In Singapore on Wednesdays and Thursdays. The most outstanding aspects of the event so far include the founder of Bridgewater, Ray Dalio, which tells Sara Eisen de CNBC in Singapore that United States Debt Problems It could have “shocking developments” in the global economy; The president of the Alibaba group, Joe Tsai, says that people “underestimate” the importance of Meeting of Chinese President Xi Jinping with businessmen last month; and the managing director of Pimco Asia-Pacific, Alec Kersman, pointing out the The risk of a recession of the United States has increased For tariffs. Follow the live action here.
The descending slide of the markets continues
On Tuesday, the S&P 500 slid 0.76%, and it was 10% below its closing record in its minimum During the negotiation session. He Dow Jones industrial lost 1.14% and Nasdaq compound 0.18%dropped. Asia-Pacific markets are negotiated Wednesdays mixed. From Japan Nikkei 225 advanced around 0.07% as actions of Nissan motor 0.6% rose in the news that The Makoto Uchida CEO will stop position April 1. China’s CSI 300 fell 0.35% in the middle of climbing yields in the government bond of 10 and 30 years of the country.
US IPC projections.
It is forecast that the US Consumer Price Index. UU. For February, on Wednesday, it will show a 0.3% increase for a wide range of goods and services. This projection has both for the measure of all elements and for the central index that excludes volatile food and energy prices. Annually, that would put main inflation to 2.9% and central reading at 3.2%both 0.1 lower percentage points than in January.
Trading Bars
The president of the United States, Donald Trump, 25% on steel and aluminum imports It entered into force on Wednesday, which caused a response from the European Union, which said it would impose Counter-tariffs at 26 billion euros‘($ 28.33 billion) by value of US goods. As of April. On Tuesday, Trump retracted plans to collect Tariffs on Steel and Canadian Aluminum Imports 50% after Canada suspended a planned 25% surcharge in electricity exports to the US.
Ukraine will accept the high fire if Russia accepts
Ukraine agreed on Tuesday a high the immediate fire of 30 days Negotiated by the United States if Russia accepts the plan, authorities said. As part of the plan, the United States immediately raised its pause to share intelligence and resumed security assistance with Ukraine, which was invaded by Russia more than three years ago. “Ukraine is ready to start talking and stop shooting,” said Secretary of State Marco Rubio in Jeddah, Saudi Arabia.
(Pro) S&P 500 closes below the key level
This week’s mass sale has pushed the S&P 500 below a key technical level, which raises the concern that a sustained recession could establish itself. Here is why market technicians think the measure could Cape further up in 2025which will probably be defined through an chopped and lateral action after the Toro race of the last two calendar years.
Anthony Kwan | Getty Images News | Getty images
Deepseek ai Banks open the spikes in the Chinese risk capital
Deepseek was launched at the end of January, as well as Insilico, a company of discovery of artificial intelligence medications was finishing a financing round of the E $ 110 million series directed by Value Partners, based in Hong Kong, the CEO and founder of the startup, Alex Zhavorsonkov, told CNBC in an exclusive interview.
Promoted by enthusiasm for Depseek, many Chinese funds wanted to participate in insilic financing in the last minute, “like an avalanche”, which the company is planning an increase in the “E2 series,” said Zhavorsonkov. “We have never seen this level of interest before.”
“It seems that the deep moment, created a lot of interest in global investors to invest in China,” he said on Monday. “I think the financing will return.”