Author: Editor-In-Chief

U.S. President Donald Trump speaks during a meeting with travel industry executives in the Oval Office of the White House on September 2, 2026 in Washington, DC. Brendan Smialowski AFP | Getty ImagesPresident Donald Trump posted a series of AI-generated images and a series of broad, unverified claims on Truth Social on Sunday. That included statements that he had made hundreds of billions of dollars in U.S. stocks and other holdings. The 80-year-old commander-in-chief spent more than 10 hours on Sunday posting dozens of images that appeared to be AI-generated on social media platforms. The posts included a depiction of…

The US military said on Saturday that the Islamic Revolutionary Guards Corps (IRGC) fired ballistic missiles at two US Navy warships, after which it attacked three Iranian crude oil carriers. The new exchange threatens to escalate a shipping war in and out of the Persian Gulf, as Iran seeks to prevent ships from passing through the Strait of Hormuz without its consent and the United States steps up targeting of Iranian shipping. The two countries exchanged attacks for the first time in more than a month earlier this week, but new attacks risk starting another cycle of retaliation. “U.S. aircraft…

GUANGZHOU, CHINA – JULY 14: Agricultural Bank of China (ABC) branch building exterior (July 14, 2026, Guangzhou, Guangdong Province, China). Chen Xin | Getty Images News | Getty ImagesChina’s Finance Ministry is leading a smaller-than-expected $54 billion injection of capital into state-owned banks and insurance companies as the government seeks to boost growth with subdued stimulus.Three state-run financial institutions and five insurance companies will receive a total of 360 billion yuan ($53.6 billion) in funding from a state agency led by the Ministry of Finance and the country’s tobacco giants. This is the first time the Chinese government has increased…

MAGDEBURG, GERMANY – SEPTEMBER 6: Supporters of the far-right Alternative for Germany (AfD) cheer at an evening AfD election observation party as early results show the party won 44% of the vote in the Saxony-Anhalt state election to be held on September 6, 2026 in Magdeburg, Germany. The AfD enters the election with a huge double-digit margin and is very likely to win. (Photo by Sean Gallup/Getty Images)Sean Gallup Getty Images News | Getty ImagesHello, this is Leonie Kidd from London. Although the state is small, its influence is large. Voters in the German state of Saxony-Anhalt have surged in…

Yichang, China – August 3: A netizen displays Japanese yen and US dollars on August 3, 2026 in Yichang, Hubei Province, China. Japan and the United States confirmed last week that they had jointly intervened to stop the yen from weakening, after the value of the yen fell to a 40-year low. (Photo credit: Liu Junfeng/VCG, Getty Images)Video Visual China Group | Getty ImagesJapan’s foreign exchange reserves are declining at the fastest pace since the ministry began keeping statistics in 2000, falling 6.18% in August.Foreign exchange reserves stood at $1.207 trillion, down from $1.287 trillion in July, according to Treasury…

A U.S. Army paratrooper prepares an M119 howitzer for a firing mission during a field artillery live fire exercise in the Middle East. Provided by: US ArmyHello, my name is Hui Jie from Singapore. Welcome to another edition of CNBC’s Daily Open.The Middle East conflict continues to escalate, and there is no prospect of a diplomatic breakthrough. Energy Secretary Chris Wright said Sunday there may not be a nuclear deal with the Iranian government. If Iran seeks to rebuild its nuclear capabilities, he suggested, the United States may need to destroy its nuclear arsenal again.This is not good news for…

TEHRAN, IRAN – AUGUST 2: A man looks at a banner with a message depicting US President Donald Trump, displayed in front of the Zolfagar and Zolgadol ballistic missiles on display in Azadi Square in the Iranian capital Tehran on August 2, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesIsraeli forces ordered evacuations in southern Lebanon on Monday ahead of a planned attack on Hezbollah facilities, deepening cracks in the ceasefire after failing to halt near-daily gunfire.In an X post on Monday morning, Israeli military spokesperson Ela Waweya called on residents in the buildings marked…

Matt Maley, chief market strategist at Miller Tabak & Co., said U.S. Treasury yields face a significant test at 4.8%, and a sustained move above that level could cause “significant problems” for other asset classes. “We remain concerned about the Treasury market as rising budget deficits, large debt issuances, and significant corporate borrowing continue to weigh on long-term yields. Meanwhile, Treasury’s jawbone has not (so far at least) been able to produce the desired rate reductions,” Maley said in a note late last week.He said the continued movement of the 10-year Treasury yield above 4.8%, the all-time high reached in…

Manila’s defense secretary said the United States had given “clear assurances” that its commitments to the Philippines would continue.Published September 7, 2026September 7, 2026Philippine Defense Secretary Gilberto Teodoro has warned that Beijing may see recent reductions in U.S.-South Korea joint military exercises as an opportunity to reassert its position in the Asia-Pacific.”China is exploiting the gap very quickly,” Teodoro said on Monday, on the sidelines of the Seoul Defense Dialogue, an annual multilateral security forum, when asked if Beijing could take advantage of the move.Recommended stories list of 3 itemsend of listHe added that the US has given Manila “clear…

Reuters — Eight Indonesian airports, including two in Jakarta, remained closed early Monday morning due to volcanic ash from the eruption of Mount Anak Krakatau, the transport minister said. Volcanic ash from Anak Krakatau, located halfway between Java and Sumatra, has blanketed Jakarta and several areas around it since it erupted late Friday, leading to the closure of the airport for safety reasons. The Department of Transport said 170,000 people were affected by flight cancellations. Jakarta’s main airport will be closed until 6pm local time, the airport operator announced on Instagram on Monday. “Due to weather fluctuations, we cannot confirm…