Author: Editor-In-Chief
The Japanese government will begin releasing 30 days’ worth of crude oil from state-owned reserves on Thursday as Iran maintains a choke hold on the Strait of Hormuz. The move is part of a broader plan to release up to 45 days’ worth of supplies, the largest on record, along with additional releases from private stockpiles, to minimize disruption in the world’s fourth-largest economy. Japan has one of the world’s largest oil reserves, with government and private reserves combined for approximately 254 days’ worth of oil. However, Japan still imports more than 90% of its crude oil from the Middle…
Tiger Woods’ TGL return ended in defeat as Los Angeles Golf Club defeated Jupiter Links GC 9-2 to clinch the season-long SoFi Cup title with one game remaining. Woods’ appearance was his first TGL appearance in more than a year after tearing his Achilles tendon last spring, undergoing disc replacement surgery in October, and serving in a non-playing role with the Jupiter Links through the 2026 season. The 50-year-old joined Tom Kim and Max Homa in place of Kevin Kisner in the Jupiter Lynx lineup for the must-win game at SoFi Center. The night before, Los Angeles had won 6-5…
Kleiner Perkins, a prominent U.S. venture firm, announced Tuesday that it has raised $3.5 billion in new capital across two funds, a significant increase from the $2 billion it raised less than two years ago. The company, founded in 1972, said it has raised $1 billion in its 22nd early-stage venture fund and $2.5 billion in another vehicle designed to fund later-stage growth businesses. A much larger influx of capital is not surprising. In recent years, Kleiner Perkins has successfully secured early stakes in a number of fast-growing AI startups, including Together AI, Harvey, and OpenEvidence. The company is also…
Contracts, women and advisors in office with documents for signature, information or job application. Advice on document preparation for registrations, opportunities or trade agreements, clients or HR agentsJacob Wackerhausen | iStock | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.More women are entering the wealth management industry, but they are yet to penetrate client-facing advisory roles, according to a recent study by private wealth intelligence platform Fintrx. While the data shows an improvement in…
Before the Middle East wars, the Gulf had established itself as one of the world’s busiest hubs for conferences, exhibitions and high-level events.The United Arab Emirates, Saudi Arabia and Qatar have each hosted global sporting events, from Formula One to high-stakes boxing championships and top-level golf tournaments, and have all strived to be seen as crossroads of business, politics and innovation. The Gulf region also welcomes global CEOs, being home to major business gatherings such as the Future Investment Initiative in Riyadh, the Web Summit in Doha, and Abu Dhabi Finance Week. A delegation arrives at the King Abdulaziz Conference…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Orrick. Property Play covers new and evolving opportunities for real estate investors, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large publicly traded companies. Sign up to receive future editions directly to your inbox. Rising mortgage rates, soaring home prices and a lack of supply have all conspired to squeeze home flip investors. According to real estate data provider ATTOM, approximately 297,000 single-family homes and condominiums were flipped across the country in all of 2025. ATTOM defines flips as homes…
On January 26, 2024, the SK Hynix flag (R) and the Korean national flag (L) fly outside the Bundang office in Seongnam City. Jung Young Jae | AFP | Getty ImagesSK Hynix announced Wednesday that it has filed a confidential filing with the U.S. Securities and Exchange Commission regarding a possible Wall Street listing this year.The South Korean memory giant first revealed its interest in a U.S. listing in December, seeking fresh funds to expand production as demand for memory soars due to the artificial intelligence boom. SK Hynix said in a regulatory filing that it aims to proceed with…
Hong Kong — U.S. President Donald Trump’s request to postpone a high-stakes summit with Chinese leader Xi Jinping could work in China’s favor, allowing both countries to avoid complications related to the U.S. war with Iran, China’s most important strategic partner in the Middle East, according to Chinese sources familiar with the matter. And experts say a weakening of President Trump’s involvement in a conflict that already threatens oil supplies and global economic growth could increase China’s involvement even as it negotiates. The Chinese government has not officially confirmed the highly anticipated visit, nor has it yet given an official…
Chelsea head coach Sonia Bompastre says the women’s game needs more respect in terms of officiating after a VAR decision went against her side in the Women’s Champions League quarter-final first leg.Near the end of the first half, the goal was ruled out by the referee after Fehr Bulman was adjudged to have fouled at the back post after Laia Codina went down. VAR checked the call and it appeared to be a very soft call, but the call on the field remained the same. Chelsea were trailing 0-2 at this point, but it was a crucial moment in the…
Google on Tuesday announced three Gemini-powered features for Google TV. This includes AI-powered visual responses, the ability to dig deep into virtually any topic, and narrated summaries of sports games. A particularly noteworthy addition is the introduction of visual responses. For example, if you request the current score for a Warriors game, you’ll see a live scorecard with information about where you can watch the game. Users can also search for recipes, and Gemini supplements their responses with relevant video tutorials. Image credit: Google As shown off at CES 2026, Google TV is also being “scrutinized”. This feature allows users…